Bancor hacked out of 23 million

Decentralised exchange, Bancor, has had a vulnerability in its platform exploited that has allowed hackers to leave with over 32 million USD worth of cryptocurrencies The news breaks as the Bancor twitter account shares information regarding the incident Earlier today, at approximately 00:00 UTC, Bancor experienced a security breach. We take this incident very seriously. […]

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First successful live transfer between banks on IBMs hyperledger

Live transfers of money have been successful between 10 companies, spanning 5 countries all done on Blockchain technology We.trade, which was established by a consortium of 9 banks, has successfully completed a live test by doing 7 trades between 10 companies that span 5 countries including 4 different banks, all on the we.trade Blockchain platform […]

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Coinbase Opens Coinbase Custody Service

Coinbase, the largest digital exchange in the U.S, have released their Coinbase Custody service today Coinbase Custody will allow large institutions to securely store and manage their digital assets. Features of this platform include: – Multi-signature wallets that require multi party, geographically distributed, hardware based signatures to unlock – Cold storage – reporting and auditing […]

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Cointext raised 600k to create offline BCH payments via SMS

Cryptocurrency startup, CoinText, have received 600k in BitcoinCash during a seed funding round let by Yeoman’s Capital CoinText aims to “Transact Bitcoin Cash (BCH) with any type of mobile phone using simple text commands without Internet, apps, accounts or passwords.” This ambition project is developing tools to bring cryptocurrency to as many people as possible […]

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