ProxyOverflow Exploit Affecting ERC20 Tokens Highlights Need for Smart Contract Auditing

There is a lot of speculation regarding an exploit abused by some ERC20 token creators. Various assets have had their total supplies artificially inflated due to a proxyOverflow bug in the original ERC20 creation smart contract for those tokens. This has caused a fair amount of problems already, and it only further highlights the immaturity … Read more

Reserve Bank of India Faces Lawsuit Over Attempt to Ban Cryptocurrency Trading

When regulators attempt to clamp down on Bitcoin and cryptocurrency activity, the public will respond in one way or another. In India, it seems things are heading in a completely different direction compared to what one would expect. With the central bank recently attempting to ban Bitcoin activity, the institution now faces legal ramifications for … Read more

Bitcoin’s Near Term Fortunes: “Inflows of Big Money,” New Indices Emerge

When Fundstrat Global speaks, the crypto world listens. In recent months it has been a steady font of good news for the ecosystem, with five figure price calls to predicting a very bright future, a crypto future. Resident guru Thomas Lee more-or-less foretold the current after tax season spike in prices when many others were … Read more

Bitcoin Price Watch: Currency Spikes to $9,200

Bitcoin has jumped to just over $9,200. That’s a $400 increase from yesterday’s trading position of $8,800, and it appears the bulls are back in the game. The last 48 hours had everyone worried somewhat, with the currency experiencing a $500 drop from its recent high of $9,300. A whirlwind of phony deals and Mt. … Read more

Positive Outlook as Ripple Releases Q1 XRP Markets Report

XRP’s share of the industry’s total market capitalization doubled in the first quarter of 2018. This was one of the many positive highlights of Ripple’s XRP Q1 report released via a blog post by the San Francisco-based company on April 25. XRP’s share of the overall market volume also increased, driven by listings on 18 new platforms. … Read more

80% of the 21 Million Bitcoins Have Been Mined Into Existence

This week cryptocurrency miners had processed the 17 million coins across both Bitcoin (BCH) and Bitcoin Core (BTC) networks, marking a great milestone within the history of blockchain technology. Now there are only 4Mn BCH and BTC left to mine but it’s still a very long time away until the very last coins are mined. … Read more

Ethereum, OmiseGo, and Cardano Creators are Boycotting Consensus 2018 After Controversy

According to Bloomberg, the creators of Ethereum, Cardano, and OmiseGo, some of the biggest public blockchain protocols and cryptocurrencies, are boycotting the largest cryptocurrency conference, Consensus, after a controversial report about OmiseGo’s surge in price was published on April 26. OmiseGo Controversy Consensus 2018 is the leading cryptocurrency conference, hosted by cryptocurrency media outlet CoinDesk. The event, which … Read more

Bitcoin Markets Steady for Another Gox Dump, 16,000 Coins Moved by Trustee

Last time, analysts blamed Mt. Gox and its bankruptcy trustee for pushing hordes of bitcoin onto an already fragile market, crushing its price. Keen monitors of the notorious insolvent exchange’s wallets showed how 16,000 BTC, along with its equivalent in bitcoin cash, were moved, sparking concern the broader market could once again be impacted. Also read: … Read more