QuadrigaX lost $150 million in cryptocurrencies because its founder died and only he knew the wallet password. Troubled Canadian crypto exchange QuadrigaCX owes its customers $190 million and cannot access most of the funds, according to a court filing obtained by CoinDesk. In a sworn affidavit filed Jan. 31 with the Nova Scotia Supreme Court, Jennifer Robertson, identified as the widow of QuadrigaCX founder Gerald Cotten, said the exchangeowes its customers roughly… Read More
Who Controls Bitcoin Core? The question of who controls the ability to merge code changes into Bitcoin Core’s GitHub repository tends to come up on a recurring basis. This has been cited as a “central point of control” of the Bitcoin protocol by various parties over the years, but I argue that the question itself is a red herring… Read More
The biggest crypto programming errors of all time One small crypto programming error can lead to millions in lost funds. As you are about to learn, a bug in your code can equal disaster on the blockchain. These far-reaching consequences are all the more reason to make your project open-source. Open-source projects gain added security because of the large number of developers checking… Read More
‘Crypto hangover’ hammers Nvidia’s outlook, shares drop 17 percent Chip designer Nvidia Corp on Thursday forecast disappointing sales for the holiday quarter, pinning the blame on unsold chips piling up with distributors and retailers after the evaporation of the cryptocurrency mining boom. The Santa Clara, California-based company also posted sales that missed expectations for its third quarter. Shares plunged nearly 17 percent in late… Read More
Japanese crypto exchange Zaif hacked, losses in the range of $60 million reported In a major development, Japanese crypto exchange Zaif has been on the receiving end of a hacking incident last week, local media has reported. The hack, which occurred on Sept. 14 but was not discovered until Sept. 17, saw the hacker steal 4.5 billion yen from users hot wallets, as well as 2.2 billion yen… Read More
Critical Bug Found in Bitcoin Core Invokes the Multiple Client Argument Over the last 24 hours, the cryptocurrency community has been discussing a critical vulnerability that was found in the Bitcoin Core (BTC) reference client. A bug introduced in Bitcoin Core version 0.14, that also affects all subsequent versions, could have caused a great majority of current Core nodes to crash. According to the developer’s Optech… Read More
Open Heart Surgery: Inside Ethereum’s Crucial Replacement of the EVM The virtual machine that allows ethereum to compute everything in a decentralized way is getting a massive overhaul. At the heart of ethereum lies a virtual computer. Stored across tens of thousands of nodes that make up the platform, the ethereum virtual machine, or EVM, is responsible for executing the countless tokens,dapps, DAOs and digital… Read More
Robinhood Is Making Millions Selling Out Customers to High-Frequency Traders Robinhood is marketed as a commission-free stock trading product but makes a surprising percentage of their revenue directly from high-frequency trading firms.It appears from recent SEC filings that high-frequency trading firms are paying Robinhood over 10 times as much as they pay to other discount brokerages for the same volume.Robinhood needs to be more transparent… Read More
Bitmex Accused of Manipulating Ethereum’s Price A crypto trading exchange with eye-watering margins of 100x has angered ethereans after Bitmex’s CEO, Arthur Hayes, appeared to tell his customers, under an official Bitmex account, to short eth. Hayes then goes on to use some very colorful and highly professional language in contrast to his public tweet which said: No punting here, but… Read More
Bitcoin Gold delisted from major cryptocurrency exchange after refusing to pay hack damages Bittrex, one of the largest cryptocurrency exchange platforms, has delisted Bitcoin Gold (BTG) from its trading platform over the weekend after BTG maintainers declined to pay half of the damages Bittrex suffered during a complex multi-stage cyber-attack earlier this year. According to a statement from the BTG team, Bittrex asked the BTG team to pay… Read More