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Tuesday, November 7, 2017

Up To $300 Million Of Ether Potentially Permanently Frozen


Nov 07, 2017

At least $100 million (and potentially as much as $300 million) of Ether got locked up due to a bug in Parity's multisignature wallet technology on accident, leading to panic -- and conjecture that the only way to retrieve it may be to do yet another emergency Ethereum hard fork. Crises notwithstanding, investors and analysts see potential for crypto assets to upend the global economic order and transform industries. Plus, revelations by Forbes last week of misrepresentations to investors bring a crypto VC's public listing to a halt.

Forbes Crypto Confidential

Tim Draper On Bitcoin: 'In 5 Years If You Use Fiat Currency, They Will Laugh At You'

BY JOHN KOETSIER

He said this while wearing a tie sporting cryptocurrency logos.

Forbes Crypto Confidential

Forbes Crypto Confidential

Why Cryptocurrencies Could Push The Dollar From World Reserve Currency Status

BY OSCAR JONSSON

Cryptocurrencies threaten to disrupt the West's economic power by decentralizing the operation of the financial system outside sovereign states' control.

Forbes Crypto Confidential

Forbes Crypto Confidential

Alex Tapscott's Crypto VC Firm Aborts Public Listing, Will Return Money After Falsehoods Revealed

BY LAURA SHIN

After Forbes disclosed misrepresentations in one of its investor decks, Alex Tapscott's crypto VC firm NextBlock Global, has canceled its attempt to go public with a $100 million CAD raise.

Forbes Crypto Confidential

Forbes Crypto Confidential

How Cryptocurrencies And Blockchain Are Taking Esports To the Next Level

BY ALEXANDER KOKHANOVSKYY

Electronic sports startups are deploying smart contracts and blockchain technology to fuel betting and ease the purchase of virtual assets.

Forbes Crypto Confidential

Forbes Crypto Confidential

5 Predictions On How Blockchain Will Drive Digital Transformation

BY DANIEL NEWMAN

There will be a time when it seems impossible that we ever survived without blockchains.

Forbes Crypto Confidential

Forbes Crypto Confidential

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