Clever Ethereum honeypot lets coins come in but won’t let them back out

 An interesting new Ethereum-based honeypot has been discovered that essentially allows hackers to steal from hackers. The honeypot is detailed on Reddit. A user was hunting for examples of contracts that exhibited possible were susceptible to a “reentrancy attack.” It’s a bit complex but at its core the attack lets you concurrently request your money out of a smart contract… Read More

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Blockchain engineers are in demand

 Demand is off the charts for blockchain talent, and the capital is waiting to back it up. Over $3.7 billion has been raised through ICOs in the United States alone. Blockchain-related jobs are the second-fastest growing in today’s labor market; there are now 14 jobs openings for every single blockchain developer. And as Nick Szabo, the developer who coined “smart contracts&#8221… Read More

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Lino is launching to be a crypto YouTube with $20 million from China’s most famous seed investor

 YouTube on the blockchain is one of the holy grails of the crypto community. The new generation of video artists and their audience seem tailor-made for a blockchain-based distribution and restitution system — one that depends on micro-payments and digitally secured provenance. It’d also be a system that could get creators out from under the yoke of YouTube, Snap, and Facebook… Read More

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The iced tea company that changed its name to include ‘blockchain’ retracts on bitcoin mining operation

 Remember the iced tea company that changed its name to Long Blockchain and immediately shot up by 500 percent on the stock market? Well, it turns out it may not be getting into the blockchain after all. The company has decided to back off from its pledge to buy 1,000 bitcoin mining machines — just six weeks after it said it would be doing so. Read More

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How to price cryptocurrencies

 Predicting cryptocurrency prices is a fool’s game yet this fool is about to try. The drivers of a single cryptocurrency’s value are currently too varied and vague to make assessments based on any one point. News is trending up on Bitcoin? Maybe there’s a hack or an API failure that is driving it down at the same time. Ethereum looking sluggish? Who knows: maybe someone will… Read More

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Telegram plans multi-billion dollar ICO for chat cryptocurrency

 Encrypted messaging startup Telegram plans to launch its own blockchain platform and native cryptocurrency, powering payments on its chat app and beyond. According to multiple sources which have spoken to TechCrunch, the “Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the… Read More

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Designing blockchains for a frictionless world

 Every enthusiast in the crypto and blockchain space that has “seen the light” believes in a future that is collaborative, transparent and frictionless. Peer-to-peer and trustless technology will lead us to a decentralized utopia of equality and inclusion. While the ideals are noble, the decentralized world has some problems that still need solving. Read More

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This company will self-destruct after its ICO

 Two opposing fears are holding back the move to token-networks: a fear of the absence of governance on one side and a fear of regulation on the other.
There is, however, a solution to both of these contradictory concerns when it comes to company creation in the token era. Read More

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Long Island Iced Tea shares went gangbusters after changing its name to Long Blockchain

 Want to increase company value on the open market? Just change your name to something blockchain. At least, that worked for the Long Island Iced Tea Corp after changing its name to Long Blockchain Corp. In what is the most 2017 thing ever, company shares soared by as much as 500 percent in pre-market trading this morning after the company announced the name change, settling back to about a… Read More

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