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Bancor Criticized For its Ability to Freeze Funds, Not for Exchange Hack

Bancor, a decentralized crypto exchange that raised $153 million in June 2017, has lost $12. 5 million in ether, the native cryptocurrency of Ethereum, in a recent security breach. However, the blockchain protocol and its developers were criticized not for the theft of their funds, but for their ability to freeze funds using a centrally controlled system. дальше »

2018-7-13 22:00


20% of All Bitcoin Is Permanently Lost and Unrecoverable, According to Researchers

A Wall Street Journal investigation and analysis suggested that users have misplaced a fifth of all Bitcoin. While this has not much in the way of ramifications for the technology, considering how it is designed to be deflationary and is divisible to a very low denomination, it has created a new industry of wallet hunters who […] 20% of All Bitcoin Is Permanently Lost and Unrecoverable, According to Researchers was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-7-10 17:59


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Estimated 4 Million Bitcoin is Lost Forever by Users’ Forgetfulness

As much as 20 percent of all the Bitcoin in existence is lost forever, Chainalysis has revealed — as the research firm says it handled contracts worth $750,000 since 2016. ‘We Don’t Help People Find Lost Bitcoin’ In comments to The New York Times, Chainalysis said that user failures to create robust methods of password storage meant as much as $20 billion of Bitcoin is locked out of reach. дальше »

2018-7-7 03:00