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Synthetix Reverses Oracle Error-Caused Misplaced SETH In Exchange For A Bug Bounty

Synthetix Reverses Oracle Error-Caused Misplaced sETH in Exchange for a Bug Bounty

Following a recent oracle issue, asset issuance platform Synthetix will reverse the misplaced 37 million synthetic ether (sETH) in exchange for a bug bounty, Synthetix founder Kain Warwick stated on June 25.According to the statement, Synthetix has now resumed trading and transfers after the platform yesterday suffered an oracle error that led to several trades…
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You Can Now Get Bitcoin Rewards When Booking At Hotels.Com

You Can Now Get Bitcoin Rewards When Booking at Hotels.Com

Bitcoin (BTC) rewards shopping app Lolli has expanded its business by adding major booking service Hotels.com to its partners, the company announced in a blog post on June 25.With the new partnership, the New York-based firm now has two of the world’s top three travel websites including Booking.com and Hotels.com, Lolli said in the announcement,…
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Blockchain Live Is Back And Will Be Returning To London Olympia On 25th September

Blockchain Live is back and will be returning to London Olympia on 25th September

Taking blockchain mainstream, Blockchain Live is back and will be returning to London Olympia on 25th September as a festival of blockchain education. A one-day event, packed with engaging, thought-provoking and quality content, this year Blockchain Live will be moving away from the traditional exhibition model, into a ground-breaking festival of content and collaboration. Blockchain…
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CFTC Approves LedgerX To Settle Futures In Real Bitcoin

CFTC Approves LedgerX to Settle Futures in Real Bitcoin

news The Commodity Futures Trading Commission (CFTC) has cleared bitcoin derivatives provider LedgerX to offer physically settled bitcoin futures contracts. The CFTC said Tuesday it had approved LedgerX’s application for a designated contract market (DCM) license, meaning the company can now offer the new futures contracts. LedgerX is the second company to receive approval to…
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Synthetix Trader Rolls Back Broken Trades That Netted $1 Billion Profit

Synthetix Trader Rolls Back Broken Trades That Netted $1 Billion Profit

news In what amounts to a particularly heart-warming example of the power – and responsibilities – of decentralization, Synthetix founder Kain Warwick announced that an error that netted one legitimate user over $1 billion in profit has been fixed and that the user rolled back all the transactions in exchange for a bug bounty. https://t.co/SEIiP458Ne…
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Wait For October: New Bitcoin Miner Demand Is Again Outstripping Supply

Wait for October: New Bitcoin Miner Demand Is Again Outstripping Supply

feature Bitcoin’s recent bull run has juiced demand for new mining equipment, putting pressure on manufacturers to produce enough machines to meet demand. The world’s largest cryptocurrency by market cap is currently trading at above $11,000 after it surpassed the $10,000 level over the weekend – a nearly 200 percent jump since February.  “The surge in…
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French Central Bank: Facebook’s Libra May Need Banking License

French Central Bank: Facebook’s Libra May Need Banking License

Bank of France Governor Francois Villeroy de Galhau said that Facebook’s Libra stablecoin must comply with anti-money laundering regulation and seek banking licenses if it offers banking services, Reuters reports on June 25.Per the report, while Villeroy admitted during an interview with French magazine l’Obs that there was room to improve cross-border money transfers. He…
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VeChain Partners With Walmart For Blockchain Food Tracking, VET Price Surges 32%

VeChain Partners With Walmart For Blockchain Food Tracking, VET Price Surges 32%

The Senior Director of Emerging Technology Labs at Big Four accounting and auditing company PricewaterhouseCoopers (PwC) has announced that Walmart will partner with the popular blockchain project VeChain (VET). Following the announcement, VET surged more than 32 percent instantly.  Big News For VeChain Tom Foth, Senior Director of Emerging Technology Labs at PwC, shared via LinkedIn…
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The 2018 Crypto Bear Market Was Perfect For Us: ETHLend Founder Stani Kulechov (Special Interview)

The 2018 Crypto Bear Market Was Perfect For Us: ETHLend Founder Stani Kulechov (Special Interview)

With the prevalence of lending in the traditional financial world, it makes sense that lending activities and services would surface in the cryptocurrency space as well. CryptoPotato recently caught up with Aave CEO Stani Kulechov, and our interview took place in the middle of the Mediterranean on board a Royal Caribbean cruise during Coinsbank’s recent Blockchain…
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