Michael Novogratz, former head of the hedge fund of the Fortress Investment Group, who recently became a cryptocurrency investor, noted that he believes that institutional investors are only a few weeks from the mass adoption of Bitcoin and the Ethereum.
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.
The Ethereum Foundation confirms that the planned hardfork will be activated on the block 4 370 000, which will be produced, roughly, on Monday October 16, between 12:00 and 13:00 UTC (16:00 to 17:00 Moscow time). The same hardfork was activated in the test network Ropsten on September 19 on the block 1,700,000. The countdown timer can be viewed here. To date, in the Etherium, there have already been four hardfork, and only one of them led to the creation of an alternative blocker Ethereum Classic. Given that Byzantium is included in the development plan of the Etherium since 2015, it is unlikely that there will be problems with the update. Byzantium can be considered as a conservative update, which will include 9 proposals for changes (EIP - analog BIP) in the platform. The essence of the change is that they need to make the platform easier and faster, improving the speed of transactions, the security of smart contracts and, possibly, confidentiality.
The tenth part of the Ethereum crypto currency invested in the ICO was stolen by fraudsters who used phishing sites and social network accounts for this. The amount of cyber-theft is already approaching the amount of funds stolen by the usual way. Participation in the initial placement of the tokens (Initial Coin Offering - ICO) on the Ethereum blockbuster platform (crypto currency ether) assumes that in one of ten cases a participant will become a victim of fraud. This is reported by Bloomberg.