Ethereum Exchange’s Attempts to List ETC Leads to Losses
Yunbi, one of China’s biggest Ethereum trading exchange, announced today that they were to postpone the listing of ETC in order to undertake “security preparations” to address vulnerabilities due to “Relay Attack.” Yunbi further stated that they had lost over 40,000 ETC “from users who deposited ETH before YUNBI listing ETC after Hard Fork:” “The major reason of this lost is due to “Relay Attack” during the hard fork. YUNBI will not be responsible for this lost. After YUNBI lists ETC, please make sure you use the correct address to deposit your ETC and ETH.” Speaking to CCN, the relay....
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On Saturday, the co-founder of Ethereum, Vitalik Buterin, took to Twitter and gave his perspective on the “existing corporate attempts to create the metaverse.” Buterin noted that a metaverse will happen, but he doesnt believe the current corporate metaverse attempts are going anywhere.
Ethereum’s Vitalik Buterin Shares His Thoughts on Existing Corporate Metaverse Attempts
This weekend Vitalik Buterin discussed the metaverse after sharing a tweet from the co-founder of Dialectic and blockchain auditor, Dean Eigenmann, who said he doesnt believe the metaverse....
CHBTC, China’s largest ETH exchange, announced Monday it will list Ethereum Classic in response to rising demand. The move reverses the exchange’s previous statement last week that it would not support ETC. The announcement on Monday noted the exchange is neutral and does not judge the values and ethics of the currency. CHBTC has stated there are risks users will be exposed to, including price fluctuation and network instability. The announcement also noted the ETC blockchain is considered to be low powered. The exchange said it will continue to maintain monitoring the situation. It urged....
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Bitfinex may have legal troubles coming their way after socializing losses. It seems like Bitfinex has more to worry about than just the loss of 119,756 bitcoins to hackers. The platform recently announced that it will be generalizing the losses across all users. According to the exchange’s calculations, the generalized loss percentage is set at 36.067 percent. Meaning, all Bitfinex users will be contributing more than a quarter of their digital currency holding so that the ones who lost can be reasonably compensated at the moment. In return, the platform will be offering BFX tokens to....