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Ethereum’s Solidity Flaw Exploited in DAO Attack Says Cornell Researcher

CryptoCoins News, 1/1/0001 12:00 AM PST

Ethereum itself seems to be flawed according to the latest developments on the DAO Hack. Philip Daian, a researcher at Cornell University’s Initiative for Crytocurrencies & Contracts, just presented his latest findings on the hack, concluding: I would lay at least 50% of the blame for this exploit squarely at the feet of the design […]

The post Ethereum’s Solidity Flaw Exploited in DAO Attack Says Cornell Researcher appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

The DAO Shambles is a Wake up Call for the Entire Ecosystem

CryptoCoins News, 1/1/0001 12:00 AM PST

Everyone’s imagination was grabbed by Slocks, the Universal Sharing Network, the Ethereum computer. A new decentralized and autonomous future was promised with smart contracts, DAOs and a sharing economy. People flocked in tens of thousands, raising more than $250 million at its peak to only see it crash and burn. “There are so many attack […]

The post The DAO Shambles is a Wake up Call for the Entire Ecosystem appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin Price Analysis – Holding Steady

CryptoCoins News, 1/1/0001 12:00 AM PST

The bitcoin price chart has been whip-sawing as buyers eagerly anticipate the next advance, while profit-takers capitulate on each approach of $780 (Bitstamp). Technical analysis finds a repeating pattern and its potential outcome. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive […]

The post Bitcoin Price Analysis – Holding Steady appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Blockchain and Payments Infrastructure: A Regulator’s Dilemma?

CoinDesk, 1/1/0001 12:00 AM PST

Epiphyte's Gabrielle Patrick discusses the balancing act faced by regulators in a fast-changing world and how bitcoin's blockchain could help.

Sweden Tests Blockchain-Based Land Registry

CryptoCoins News, 1/1/0001 12:00 AM PST

Sweden could become the first country to have a blockchain-based land registry. A team of technology players is working with the country’s land registry on a system that could possibly go live this fall, according to Reuters. ChromaWay, a Swedish blockchain company, consulting firm Kairos Future, and telecommunications service provider Telia, have developed “proof of […]

The post Sweden Tests Blockchain-Based Land Registry appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Why US financial markets may not be immune to Brexit's ripple effects

The Guardian, 1/1/0001 12:00 AM PST

US investors tend to forget that what happens abroad can take a toll on returns but there are plenty of reasons why the vote matters to US companies

Three, two, one … Panic! With less than a week to go before British citizens have to decide whether they want to remain part of the European Union, investors in the United States are finally waking up to the fact that the outcome of that Brexit vote will actually have an impact on already-struggling financial markets at home.

True, whatever happens to the Standard & Poor’s 500 stock index on 23 June, in response to the vote results, probably will pale in comparison to either the sigh of relief or the ripples of panic that will flow through Europe’s financial markets. But this is the 21st century; in less time than it takes to blink, much less read these words, news travels from one corner of the globe to another, and hedge funds and other large investors will respond equally rapidly.

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