SpankChain Smart Contract Compromised, Hackers Take $38,000 in Ethereum (ETH)

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Blockchain-based adult entertainment protocol SpankChain revealed the theft of 165.8 ether (ETH), worth $38,000 at the time. The move occurred after hackers exploited a smart contract bug on the protocol, according to an official release on Oct.9. SPANK is “Spanked” As stated, the hack took place on Oct.6 when the SpankChain team was investigating multiple…

Numerai Launches Crowdsourcing Hedge Fund Platform, Erasure

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Decentralized market intelligence platform Numerai announced the launch of Erasure, a crypto-based data gathering, and stock price prediction marketplace. With Erasure referred to as the “tinder for markets” by Bloomberg, it has begun attracting more attention within the crypto community. Today, NMR becomes the token for *the entire hedge fund industry*. Introducing Erasure, a protocol for…

0x Project (ZRX) Announces Completion of Mainnet Testing, Launch of Ver 2.0

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Will Warren, the co-founder of the 0x Project, announced Monday via Medium that the next iteration of the 0x protocol is now live. 0x protocol v2.0 is live!https://t.co/ZNroZY31FM — 0x (@0xProject) September 24, 2018 A Year in the Making Warren claims the team at 0x has worked hard over the course of the past year developing the…

Vitalik Buterin Proclaims an End to Explosive Growth as ETH Values Plummet: How Will Ethereum Recover?

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Ethereum prices have plummeted over the last week, experiencing a drop in value of over 30% amidst a bloodbath that has shaved $50 billion off the cumulative cryptocurrency market cap. With ETH prices hovering around the $200 mark, Ethereum co-founder Vitalik Buterin announced the end of the age explosive growth within the cryptocurrency industry. Related: Altcoins…

A Brave New Browser: Is BAT Coinbase’s Next Add?

A Brave New Browser: Is BAT Coinbase’s Next Add?

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Earlier this week, Brendan Eich, co-founder and CEO of Brave Software, unveiled the latest stats on his fledgling browser, Brave. Latest @Brave stats: 4M users (MAU), 21K verified channels, 26K publisher accounts. We will step on gas w/ brave-core + BAT on mobile this fall, get past 5M easily by EOY, >= 12M next, adding…

Venezuela Loves Dash: Altcoin Surges 30% on Adoption Push

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News dominating the current cycle is all about bitcoin core (BTC) skipping above the psychological $7,000 price point. However, quietly, determinedly, the altcoin Dash has been besting all comers. It is up double digits in recent days, thanks in part to its proponents’ dogged hustle and commitment to emerging economies such as Venezuela. Also read:…

Inside OnChainFX’s Breakeven Multiple and the Winners of Last Alt Season

Inside OnChainFX’s Breakeven Multiple and the Winners of Last Alt Season

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While 2017 was a year of exorbitant gains and lavish dreams, 2018 has crashed the reality of cryptocurrency enthusiasts back to Earth. Many of the incredible gains seen in 2017 have been entirely wiped out, and those who bought at or near all-time-highs (ATH) are deep in the red. To help illustrate those losses, OnChainFX…

Former Ethereum Foundation Adviser Joins Kin Ecosystem Board of Directors

Former Ethereum Foundation Adviser Joins Kin Ecosystem Board of Directors

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William Mougayar, a former Ethereum Foundation adviser, has joined the board of directors at the Kin Ecosystem Foundation. Kin Welcomes Mougayar Mougayar is an investor, author of “The Business Blockchain” and founder of The Token Summit. He is also the manager of WMX, a cryptocurrency index fund, and is planning to become the managing partner…

EOS Block Producers Vote to Raise RAM Supply to Lower Cost of Running dApps

EOS Block Producers Vote to Raise RAM Supply to Lower Cost of Running dApps

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After a turbulent launch, the EOS mainnet faced further issues with its controversial network constitution and a shortage of RAM supply. On July 26, 2018, EOS block producers voted to increase the RAM supply and lower costs for developing applications on the network. EOS RAM Supply Doubles On July 26, EOS block producers voted to…

Altcoins Are Dying

Altcoins Are Dying

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Anyone unacquainted with the cryptocurrency market might assume, casually reading the price of bitcoin in their morning paper, that the past seven days have been good for investors. BTC is up 18% in a week and is now hovering around the $7,400 mark. By any reckoning, that’s good going. But bitcoin’s recent show of strength…