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Showing posts from January, 2019

Ethereum-Based Adult Entertainment SpankChain Suffers $42000 Hack

The Adult entertainment crypto-based project SpankChain was anonymously hacked and suffered a loss of 165.38 ETH, around $38000 reported by the firm on its Medium page on October 9. The hack which originally took place on Saturday at 6.00 pm PST was spotted by Spank Chain a day after, and was disclosed today in a blog post dubbed “We Got Spanked: What We Know So Far”. Incognito hackers managed to breach the system and flee with 165.38 ETH from the firm’s payment channel smart contract. In addition to this, the hack caused the arrest of $4000 which is worth of project’s internal token known as BOOTY. Though most of the funds belong to the firm itself, SpankChain claimed that client refunds are of foremost importance. The firm will soon reimburse $9300 worth of Ethereum and ICO tokens directly to users account through Airdrop. The SpankChain developers were in the midst of inspecting smart contract bugs at the time of the attack. Consequently, the firm was unaware of the hack

Winklevoss Twins approve devotion to BTC ETF during Reddit AMA

Cameron Winklevoss specified that the Bitcoin is most probably the champion in the long run during an Ask Me Anything (AMA) session held on Reddit. Cameron Winklevoss specified that the Bitcoin is most probably the champion in the long run during an Ask Me Anything (AMA) session held on Reddit today, January 7.  Replying a query about whether or not Bitcoin will be able to keep its top-notch position among the other cryptocurrencies, Cameron voiced his positive outlook on the Bitcoin, stating that “Bitcoin is surely the OG cryptocurrency. It’s really difficult to beat the network effects — so with respect to ‘hard money’ BTC is most probably the winner in the long run.” The Winklevoss twins also stated in today’s AMA session that they “are devoted as ever to building an ETF (exchange-traded fund) a truth!” At some another point during the conversation, Cameron’s twin brother Tyler said: “We consider BTC is superior at being gold than gold. If we’re correct, then, in the lo

Scientists Turn Copper Identical to Gold, Bitcoin Will Replace Gold as Store of Value

Scientists in China have made a pioneering discovery that would intensely affect the face of the precious metals landscape — and offer bitcoin with an option to shine. Scientists Turn Copper into Substance that’s almost similar to Gold Consistent with SCMP, scientists team at the Dalian Institute of Chemical Physics at the Chinese Academy of Sciences in Liaoning have evolved a technique to show reasonably-priced, ample copper into a substance that is identical to gold, carrying out what alchemists have for loads of years believed could be a gateway to endless riches. To create the pseudo-gold, the scientists shot a payload of hot, electrically-charged argon gas at a goal made out of copper. The ionized gas particles dislodged copper atoms from the target, and such atoms fell onto a collecting tool in which they cooled off right into a pile of microscopic sand — every grain only some nanometers in length. The scientists then tested the copper particles properties with th