Yes, this kid really just deleted $300 MILLION dollar by messing around with Ethereum’s smart contracts.

Last year, The DAO, a decentralized ‘autonomous’ investment fund, got hacked for $50 million. In July, a hacker was able to steal $31M of Ether by exploting a bug found in Parity’s wallets. Today, we have the worst hack yet, only this time, the stakes are even bigger and it is all just one big…

An Open Source Protocol for Digital Sovereign Identity

  Ashley Brooke Taylor cooperative systems for a circular economy September 7, 2017 Blockchain holds the potential to be a powerful accounting system for many transactions taking place today. Most importantly it can be a tool to account for sustainability and impact investment, things that money has had trouble accounting for truly. The decentralization blockchain…

Virtual currency offerings banned

By Wu Yiyao in Shanghai 2017-09-06 Initial coin offerings, raising funds through the launch of token-based virtual currencies, have been banned in China, according to an announcement made by several authorities on Monday. Analysts said that authorities move to ban ICOs is not surprising given that ICOs, with strong liquidity and great risk exposure, have…

EU Court to Rule on ‘Right to Be Forgotten’ Outside Europe

The Wall Street Journal Case could determine whether France can force Google to apply the right to be forgotten across the globe The European Court of Justice is to weigh in on a dispute between Alphabet’s Google and France’s privacy regulator. Photo: Matt Rourke/Associated Press By Nick Kostov and Sam Schechner Updated July 19, 2017…

Auf der schwarzen Liste der Banken

Süddeutsche Zeitung 24. Juni 2017, 06:21 Uhr Londoner Bankenviertel Canary Wharf. (Foto: Bloomberg) Der Medienkonzern Thomson-Reuters betreibt eine exklusive Datenbank, die Banken vor Kunden warnen soll, die möglicherweise kriminell sind. Kreditinstitute nutzen sie, um nicht in Geldwäsche oder Terrorfinanzierung verwickelt zu werden. Doch in der Liste tauchen auch Personen auf, gegen die ergebnislos ermittelt wurde.…