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Bobby Lee: Chinese Always Saw Bitcoin as Investment, Not for Payments

News Bobby Lee — co-founder and former CEO of China's first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system. Lee made his remarks during an interview for Charlie Shrem’s Untold Stories podcast on Sept. 18. Designed for non-..

European Space Agency Awards €60K for Blockchain Satellite Wallet

News The European Space Agency (ESA) has awarded a 60,000 euro ($66,400) grant for blockchain startup SpaceChain to commercially develop its satellite-powered, multi-sig wallet. According to an announcement published on Sept. 18, the new grant comes via ESA’s “kick-start activities” fund. SpaceCha..

Developers of Ethereum DEX Protocol AirSwap Disclose Critical Exploit

News Ethereum (ETH) decentralized exchange protocol AirSwap’s developers announced that they have discovered a critical vulnerability in the system’s new smart contract. AirSwap’s team announced its findings and a possible solution for all potentially affected users in a Medium post published on S..

Coinbase Considering Initial Exchange Offering Platform: Report

News United States-based cryptocurrency exchange Coinbase has indicated it is considering the launch of an initial exchange offering (IEO) platform. The news was revealed by Coinbase’s head of institutional sales in Asia, Kayvon Pirestani during a panel at the Invest: Asia conference on Sept. 11, ..

Lightning Labs CTO Confirms LN Vulnerabilities ‘Exploited in the Wild’

News Following a recent warning on vulnerabilities on Bitcoin’s (BTC) Lightning Network (LN), a startup claims to have found instances of the vulnerability being exploited. Upgrade advised to avoid loss of fundsOlaoluwa Osuntokun, CTO at LN-focused startups Lightning Labs and ACINQ, revealed the n..

IEOs, ICOs, STOs and Now IDOs — How to Raise Funds for Crypto in...

Analysis The crypto community has seen a tectonic shift in fundraising trends: from the decline of initial coin offerings (ICOs) to the hype around security token offerings (STOs) and then the rise of initial exchange offerings (IEOs). The inclination for fundraising seems to evolve every year. Si..

US Air Force Steps Up Blockchain Use: What Else Is the Pentagon Up To?

Recap This week saw twin reports from smart contract startup Simba Chain and blockchain data management firm Constellation, both of whom announced contracts with the United States Air Force. New utility in USAFJudging by these developments, the U.S. Air Force is looking seriously at new tech to s..

Australian Coder Warns Users of Lightning Network’s Vulnerabilities

News Australian software programmer and Bitcoin’s (BTC) Lightning Network coder Rusty Russell warned users that “security issues have been found in various Lightning projects which could cause loss of funds.” Urgent update recommendedOn Aug. 30, Russell published a tweet urging LN nodes operators ..

Ex-ConsenSys Exec Joins Security Token Project Dusk Network

News Former blockchain firm ConsenSys’ ventures head Kavita Gupta joined security token project Dusk Network. As industry news outlet The Block reported on Aug. 30, Gupta joined Dusk Network, an Amsterdam-based startup trying to help companies tokenize their equity shares. Dusk Network co-founder ..

Securities Exchange MERJ Plans ‘World’s First’ Security Token IPO

News Seychelles-based securities exchange MERJ — which listed the first regulated security token on a national stock market — plans to distribute its equity to Europe via a partnership with blockchain service provider Globacap. A Globacap press release published on Aug. 29 revealed that MERJ now p..

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