Altcoins

IOTA Releases an Updated Wallet To Fix Trinity’s Security Vulnerability

Published

1 month ago

February 19, 2020

M. Ali

IOTA’s team has released an updated version of it’s own Trinity wallet to fix some serious security vulnerabilities that allowed hackers to exploit Trinity wallet that was released by IOTA last summer. The new updates is available for Trinity Desktop, Android and IOS

Almost all IOTA’s users who have opened any version of Trinity (Desktop or Mobile) since the 17th of December 2019 are affected by this attack. Yet, only 10 wallets were hacked if not more.

Iota team said that they are working with law enforcement and cybersecurity experts to track down the attackers. Yet, IOTA has revealed very few details about the attack.

Currently, #IOTA is working with law enforcement and cybersecurity experts to investigate a coordinated attack, resulting in stolen funds. To protect users, we have paused the Coordinator and advise users not to open Trinity until further notice. Updates: https://t.co/ME3Cvki3k9
— IOTA (@iotatoken) February 13, 2020

A large amount of IOTA tokens have been stolen. The team predicts that $300,000 to $1.2 million worth of IOTA has been stolen so far. According to IOTA’s Team, the hack started on or around 25 January 2020 and that only Trinity Desktop users’ seeds were potentially compromised.

IOTA will implement a KYC procedure involving a third party that will enable all users who had their tokens stolen to reclaim them.

What is IOTA?

IOTA is a free and scaleable transaction settlement and data transfer layer for the Internet of Things (IoT). It is based on a novel distributed ledger technology, the Tangle, which overcomes the inefficiencies of current Blockchain designs and introduces a new way of reaching consensus in a decentralized peer-to-peer system.

IOTA USD price chart for the last 7 days:

Altcoins

OKEx Exchange Adds Basic Attention Token

Published

4 weeks ago

March 2, 2020

Sying Tien

Basic Attention Token (BAT) has been added to OKEx cryptocurrency exchange. BAT tokens deposit has been enabled today and token trading will be enabled tomorrow. This is a great news for BAT community as OKEx is ranked among the top 15 exchanges with a daily trading volume of $1,519,756,182.

OKEx is a Malta-based cryptocurrency exchange. It was founded in 2017 by Star Xu.

What is Basic Attention Token (BAT)?

Basic Attention Token (BAT) is a digital advertising token which is built on the Ethereum blockchain. BAT project was created by Brendan Eich the creator of JavaScript and a co-founder of Mozilla foundation.

BAT is utilized within the Brave browser which is an opensource cryptocurrency based web browser that allows users to earn Basic Attention Tokens (BAT), by browsing and publishing content. BAT can be used to pay content creators and publishers through tips by their fans and users will also earn BAT cryprocurrency for viewing ads.

BAT/USD Price

Altcoins

Enjin Goes Live

Published

1 month ago

February 19, 2020

Sying Tien

Enjin (ENJ) , the blockchain gaming platform is now live on Ethereum Mainnet. Enjin project is a robust, all-in-one blockchain game development platform that helps developers crowdfund, grow, monetize, and design the digital world of their dreams.

To celebrate the public launch of the new Enjin Platform, Enjin will be giving away limited-edition collectibles, ENJ based gaming assets and 50,000 Enjin coins.

Enjin has its own marketplace EnjinX, where users can buy/trade any ERC-1155 assets to used in Enjin based games. The market is currently charging 2.5% trading fees.

Last year, Enjin announced a partnership with Samsung that integrated ENJ technology with Samsung Galaxy S10 models. This announcement sent the price skyrocketing and created a major media buzz for Enjin Coin (ENJ).

All assets/items created using Enjin’s development platform are backed by a nominal amount of Enjin Coin (ENJ) to certify their authenticity. The Enjin Coin ICO was held in 2017, raising approximately $22 million worth of ETH.

Enjin (ENJ) Coin Price Chart

Altcoins

Electroneum AnyTask Goes Live

Published

2 months ago

January 30, 2020

June G. Bauer

Electroneum-is-Launching-a-Freelance-Platform-AnyTasks

Electroneum new project AnyTask, the freelance economy platform is now live for buyers and sellers. The newly created platform works similar to Fiverr or Upwork, which allows people to sell their digital skills anywhere in the world.

AnyTask Buyers will be able to use regular credit or debit cards to order a service and the platform will pay the sellers with Electroneum (ETN) cryptocurrency. At the time of writing, AnyTask charges 5% fee.

Existing Electroneum APP users can login and use AnyTask’s platform using by ETN Single Sign-On (SSO).

AnyTask is currently offering graphic design services, video creation/editing services, programming services and content writing services.

Example of some of services listed at AnyTask

What is Electroneum?

Electroneum is a mobile-first cryptocurrency aimed at mass adoption. The Electroneum team makes acquiring cryptocurrency as simple as downloading an app. Electroneum, also referred to as ETN, is built off the Monero codebase to allow for transactions on a decentralized blockchain. Like Monero, Electroneum has some built-in privacy features.