Ethereum Classic 51% Attackers Allegedly Returned $100,000 to Crypto Exchange
Cryptocurrency exchange Gate.io stated Saturday that $100,000 in Ethereum Classic (ETC) has been returned following last week’s hack. The exchange further said it tried to contact the 51% attacker, but has not received any reply so far, adding:
“We still don’t know the reason. If the attacker didn’t run it for profit, he might be a white hacker who wanted to remind people of the risks in blockchain consensus and hashing power security.”
If this was actually what they intended, then these attackers have our respect. Here’s Dovey Wan with more details on the solemn lesson.
🍽️ Blockchain’s Movable Feast: How the Tech is Changing Food Supply Chains
The demand for healthy, sustainably produced food is rising globally. How food gets to you matters, and if a blockchain can give you details on the French farmer who grew your tomatoes or provide a glimpse of the prairie grasses that went into your rib eye, it just might make your meal taste sweeter—and command a higher price.
Not to mention the financial impact a blockchain could have on the food supply chain as well. With food-borne illnesses costing the US at least $55 billion annually and resulting in 128,000 hospitalizations and 3,000 deaths, you can begin to see the impact a blockchain can have on the economy.
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A Crypto Thesis: Open Financial Systems
Joe Krug, Co-Chief Investment Officer at Pantera Capita, catches us up on the recent innovations in crypto… what’s being done right now to overcome the technological and institutional barriers to adoption… along with some quality investing tips in this nascent space.
Warning: this is a pretty long one. But it’s been stirring up a good debate on the immense technical and economical complications the crypto community still faces.
Here’s a TLDR (executive summary) for those who want to get right to the punch.
🌏 2019 Predictions on Crypto in China and the Rest of Asia
As the cryptoasset space becomes more mature, Global Coin Research felt obligated to help folks understand not just blockchain in China, but Asia itself. Take a look at the questions they answer with their understanding of the cultural, political and economic agendas of the world’s largest economies.
Big Ideas: Technological Breakthroughs Investors Shouldn’t Miss in 2019
Although ARK Invest’s latest report doesn’t focus entirely on crypto, it’s still worth the share. See their latest research on deep learning, energy storage, robotics, crypto, VC trends and much more.
Top financial speakers share strategies online
Kick off 2019 with an online trading, investing, and wealth building education conference. It’s 6 days of secrets and best practices being revealed by wealth experts from all different industries.
Wyoming Passes Two New Blockchain, Crypto-Related Bills
The state legislature of Wyoming has reportedly passed two new bills that aim to foster a regulatory environment conducive to cryptocurrency and blockchain innovation. The developments were reported by the president of the Wyoming Blockchain Coalition, Caitlin Long, in two tweets posted Jan. 10 and Jan. 11.
🇻🇪 Bitcoin and Bolivars
It’s been a while since we’ve touched on the anti-authoritarian crypto narrative that’s growing by leaps and bounds in Venezuela…
We enjoyed this update from Alejandro Machado, who recently investigated how people there are using cryptocurrencies, and why the bolivar is still one of the “most useless fiat currencies on the planet.”
TWEET OF THE WEEK
For your weekly comic relief, here’s the YouTube clip that shook the internet shortly after BitConnect tanked…
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