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As a result of a malfunction on the Kuna exchange, erroneous balances were posted in the BTC

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The Ukrainian Cryptocurrency exchange Kuna on its official Facebook page reported an erroneous charging of bitcoins to the accounts of some users because of the failure of the bitcoin purse. Some users managed to use the formed "hole" and withdrew the funds. All operations on the exchange were stopped until the moment when the programmers fix the bug. According to preliminary data, this can last until the end of the day. At the same time, the administration of the exchange said that the rest of the users' funds were not harmed and are in complete safety.

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Raiden platform's tokensale raised $ 32 million

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The tokensale of the platform of the payment channels of the Etherium Raiden, launched on October 18 and organized on the principle of the Dutch auction, ended November 1 at a rather moderate amount of 109 532 ETH (about $ 32.75 million). Of course, such an amount seems to be moderate only by the standards of 2017 - especially if we recall that in August 2014 only 31,500 BTC was collected at the Ethereum ICO itself, or about $ 18.4 million at the exchange rate for that period.

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Top-manager Credit Suisse resigned for the launch of a crypto-currency start-up

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Month of the month the camp of supporters of crypto-currencies and projects based on distributed registry technology is growing. Among these people there are also former prominent officials and representatives of investment companies and large financial organizations. Not so long ago, the list of crypto enthusiasts was supplemented by Marco Abele, former director of digital technologies Credit Suisse Group AG, one of the largest Swiss banks with offices in many countries. The departed chair of the top manager Marco Abele launched today a startup based on the Ethereum Blockchain, which is intended to become a high-tech platform for managing digital investment tools. The new startup will be called TEND and soon the ICO of this project will be launched.

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Miracle in China has not happened yet, but bitcoin has risen above $ 6,500

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Despite optimistic rumors and expectations of the resumption of trading on November 1 by the largest exchanges of China - BTCC, OKCoin and Huobi - in China, new positive statements from representatives of these exchanges have not yet been received. They continue to develop sites in Hong Kong and are planning to expand to other countries in the Asia-Pacific region. BTCC froze the withdrawal of funds at 12 o'clock on Monday, as it was previously stated in the press release of the exchange, which followed the requirements of the Chinese government on September 4.

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A large investor placed in bitcoin 30% of his hedge fund

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The number of bitcoin supporters is growing, which leads to an increase in capital investments in the industry of crypto-currencies. Now the industry is attracting financial heavyweights, which are beginning to understand the value of digital currencies and their incredible potential. As a result, they begin to invest. For example, Bill Miller successfully invested a third of his hedge fund in bitcoin. Influential investor Bill Miller ran a portfolio that struck everyone with its success from 1991 to 2005. Now he started making money using bitcoin. According to the Wall Street Journal, Miller invested 30% of his fund's assets in bitcoin. It is worth noting that he bought a crypto currency at a price of $ 350 per coin. Now the price of bitcoin fluctuates around 6 500 dollars.

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Bitcoin Cash has a new algorithm for adjusting complexity

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The Bitcoin ABC development team has announced its plans to update Bitcoin Cash through a hardfork planned for November 13th. The update is designed to stabilize the complexity algorithm (DAA). Leading developer Bitcoin ABC Amory Sechet (Amaury Séchet) and CEO Bitprim Juan Garavaglia told what to expect from the upcoming update. On Monday, the Bitcoin ABC development team issued a statement regarding the upcoming hardfork of the Bitcoin Cash network (BCC).

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Hybrid online investment: the opportunity to bypass the ban of ICO

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Changes in the global ICO market are inevitable in the near future, given that China has banned the initial placement of tokens, and the crypto-currencies are very seriously regulated in the US, Canada, Singapore and Australia. Companies trying to raise funds by selling their own coins or tokens, it is better to move to countries that are not engaged in tight regulation of the crypto-currency market, for example, Switzerland or the United Kingdom.
Nevertheless, this does not solve the main problems related to the industry: taxation and protection of investors' rights.

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How many barrels of oil do you need to produce one bitcoin?

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The cost of mining bitcoins has often been criticized by opponents of crypto-currencies. Let's see how much 1 BTC costs in barrels of oil. The industry of crypto currency is developing at a frantic pace and bitcoin continues to be the driver. It is on its extraction that most of the miners are oriented. The cost of bitcoin and relative stability of growth attract more and more people to this sector. The complexity of the network is growing and getting bitcoin is getting harder and more expensive. More and more new capacities are being introduced, which consume more and more electricity, for the production of which, mainly, oil is burned.

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Is the ICO ban possible in Japan?

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Japan is a powerful platform in the market of crypto-currencies, where about 63% of the world market of bitcoins is traded. However, the ban on the initial sale of coins (ICO) by some Asian countries causes investors to worry about the fact that Japan can also direct efforts in this direction. ICO is a new, radical form of monetary financing. Companies raise funds in the form of a crypto currency by selling cryptographic tokens to investors. Currently, ICO is an innovative method for many companies, since it allows investors to more effectively use new technologies, in contrast to traditional shares.

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The Wolf of Wall Street: ICO is the biggest scam of all

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Former stockbroker / Wall Street fraudster Jordan Belfort determined ICO (Initial Coins Offering) as "the greatest scam". A new form of fund-raising, ICO is, in fact, the sale of cryptographic tokens by start-ups in exchange for financing with the help of crypto currency, such as bitcoin and ether, to attract funding in the early stages. Earlier in September, the project of decentralized data storage Filecoin set an ICO record, raising $ 257 million. According to one tracker, the collection of funds by the ICO method in 2017 exceeded $ 3 billion.

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Blockstream introduces the Simplicity programming language for smart contracts

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Dr. Russell O'Connor of Blockstream, during the PLAS 2017 workshop in Dallas, USA, unveiled his work "Simplicity: A New Language for Blockchains", in which he described a new programming language called Simplicity. This typed functional programming language is intended to be an alternative to existing languages, which are used to develop smart contracts based on blockchain technology. One of the main differences between Simplicity and Bitcoin Script - a simple scripting language on which you can execute simple scripts (the prototype of smart contracts) in Bitcoin's locker is the lack of a problem with the lack of some opcodes.

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FACTS: a new model for the legal ICO

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Several blockchain companies recently advertised "legitimate" or "compliant" American regulators ICO. However, getting deeper into details, it quickly becomes clear that these ICO-teams do not understand the SEC's requirements and that their location of the tokens does not comply with the standards. This is not surprising. Most entrepreneurs (quite rightly) are more focused on building a business than on understanding regulation, and it's not just about businessmen in the blockchain industry. Nevertheless, companies that raise funds through the ICO are very at risk, and today entrepreneurs need to understand the regulatory requirements in order to avoid problems.

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Exchange Bitfinex is suspected of fictitious trade

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The BitCrypto'ed blog claims that the Bitfinex Exchange is engaged in a fictional trade (wash trading). The blog article, consisting of two parts, reports on the alleged illegal activities of the exchange. In the first part, the author explains how the process takes place and why it is profitable for the exchange, and in the second - what could push Bitfinex to carry out such operations.

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How the distributed technologies and the blockchain systems change the game industry

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The industry of video games is experiencing rapid growth, and the popularity of online broadcasts of major e-sports tournaments attracts an audience comparable in size to the audience of traditional sports events. Moreover, this phenomenon already claims for official recognition from far from virtual sports associations and committees: for example, the International Olympic Committee allows the holding of the first ever Olympic video game tournament in 2024. About 58 million people around the world call themselves professional gamers. The total profit of platforms that allow organizing cyber-tournaments is approaching $ 1 billion, and, according to some estimates, in just a few years it will gain another billion. This popularity of video games has led to the emergence of several related industries, one of which is the sale and purchase of virtual items, such as skins and weapons. If skins serve mainly to amuse the player's pride, then weapons often play a decisive role in virtual battles. Nevertheless, skins, which have no practical value even in the virtual world, are sold for quite real money. Some of them, considered rare, go to new owners for 15 thousand dollars.

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Scammers prepare for the launch of Bitcoin Gold's blockchain and wallet November 1

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On the eve of the launch of Bitcoin Gold fork, which is tentatively scheduled for November 1, a list of fraudulent websites, wallets and accounts in social networks was published on the site of the project developers. If you plan to receive Bitcoin Gold coins, be careful when obtaining coins and do not transfer data to access your wallet to third parties, especially if you did not take precautions and no longer transferred the real bitcoins to another purse.

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Where the Chinese Cryptobarons Leave

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Chinese exchanges and operators of crypto-currency wallets, disappointed with the opportunity to continue working in their country, are in search of new opportunities and partners in neighboring Asian countries. Many translate their crypto-currency business in whole or in parts. For example, an application for licensing is submitted to Japan, and offices are located in Singapore and South Korea. The largest players who once dominated the world's crypto currency market, are forced to seek refuge in neighboring countries. At least 19 companies have applied for licenses in Japan.

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US Treasury Officials for more detailed study of the blockchain

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One of the government officials involved in the study of distributed registry technology, initiated by the US Treasury, insists on a deeper testing of the blockchain technology. In an article published this week in the Journal of Federal Financial Management, Craig Fischer, the head of the project group for the management of financial innovation and transformation (FIT) of the Treasury Department of the Ministry of Finance, proposed to investigate in more detail the technology of the distributed registry. He noted that the possibilities of its application will help improve the exchange of data and information.

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Cryptocurrency avalanche: why the ICO market is growing so fast

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The Initial Coin Offering (ICO) market is new and relatively small. In 2016, the world spent an ICO of $ 103 million, if you do not take into account the hacked and canceled ICO project The DAO. In the same year, the world market of venture investments amounted to $ 127 billion. Meanwhile, according to the portal CoinDesk, for the first half of 2017, ICO was held in the world for $ 1.13 billion, of which $ 797 million was in the second quarter. The results of the second half of the year promise to be even more impressive.

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