October 9, 2018
Spankchain suffers a $40k hack, IMF worried about rapid growth in crypto, MakerDAO DAI now holds 1% of all ETH.
The most successful Ethereum hackathon to date brought together by ETHGlobal just wrapped up in San Francisco. It goes to show how a strong development community contributes to the advancement of this technology. The MakerDAO DAI stablecoin now holds approximately 1% of all ETH in circulation, which truly describes the trust and potential of transparent stable currency. Erik Voorhees’ Shapeshift responds to the biased journalism of WSJ indicating money laundering, all the while banks such as Danske set new records in laundering money worth more than the cryptocurrency market cap.
Events
Upcoming Toronto Area Blockchain Events:
October 11, 2018: Block 6 - Hacker’s Night
Upcoming Significant Blockchain Events [All times in EST (-4 UTC)]:
October 11, 2018: Ethereum Ropsten Testnet Hard Fork to Constantinople (Block 4,230,000) - Delayed from 4.2 mil to 4.23 mil.
October 11, 2018: Ethereum Kovan Testnet Hard Fork to Constantinople (Block 9,200,000)
For further significant events, check our Google Calendar.
News:
Security
We Got Spanked: What We Know So Far – SpankChain – Medium
Bitcoin Bug' Exploited on Crypto Fork as Attacker Prints 235 Million Pigeoncoins
Education
A case study to evaluate state channels as a scaling solution for cryptocurrencies
Legal
IMF Issues Stark Warning Over Bitcoin And Crypto 'Rapid' Growth
Developers
Ethereum Constantinople Hard Fork Changes
General
Yale Invests in Crypto Fund That Raised $400 Million
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