Fantasy fans may remember Arwen, the character from the “Lord of the Rings” who guides the main characters through a series of dangerous situations. The Arwen protocol intends to do the same, only for cryptocurrency trading.

Essentially, Arwen uses native capabilities of existing blockchains to create escrow funds so that users and crypto exchanges are protected from attacks. Today, they’re announcing a demonstration called Mt. Fox. Mt. Fox: The Fake Crypto Exchange That Wants to Steal Your Money Mt. Fox is a fictional crypto exchange that will attempt to steal your funds. Named doubly because it rhymes with Mt. Gox

The post Mt. Fox: Fake Exchange Creator Aims to Prevent a Real Crypto Disaster appeared first on CCN

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