Bitcoin Core Update FIxes Vulnerability That Reportedly Could Crash Network for $80,000

Bitcoin Core has released an update following the recent detection of a vulnerability in the software, according to a September 18 press release by the Bitcoin Core Project. According to the statement, Bitcoin Core 0.16.3 was released with a fix for a denial-of-service (DoS) vulnerability. The vulnerability could reportedly cause a crash of older versions …

Coinbase Hires Former Fannie Mae Exec as New Chief Legal Officer

Cryptocurrency exchange Coinbase has hired on former Fannie Mae General Counsel Brian Brooks as their new Chief Legal Officer, according to an announcement published September 19. At Coinbase, Brooks will be responsible for legal, compliance, and government affairs. Prior to Coinbase, Brooks served as Executive Vice President, General Counsel and Corporate Secretary of the U.S. …

Crypto Future of E-Commerce Is in The Hands of Asian Players

On Sept. 14, the blockchain investment arm of United States-based e-commerce Bitcoin pioneer Overstock announced that the retailer’s clients can now purchase the cryptocurrency directly from its website. It became possible after its subsidiary Bitsy began a beta launch of its cryptocurrency wallet and exchange, marking another step in Overstock’s rich relationship with Bitcoin. However, …

New York Attorney General Report Says Crypto Exchanges are at Risk of Manipulation

A new report published by the New York Attorney General’s office on September 18 says that cryptocurrency exchanges are vulnerable to manipulation, conflicts of interest, and other consumer risks. The report represents the results of the “Virtual Markets Integrity Initiative” launched in April, when New York Attorney General Eric T. Schneiderman sent letters to thirteen …

China’s Central Bank Warns Investors of ICO, Crypto Risks

China’s central bank, the People’s Bank of China (PBoC), has today, September 18, issued a new public notice “reminding” investors of the risks associated with Initial Coin Offerings (ICOs) and crypto trading. The notice, released from the bank’s headquarters in Shanghai, reiterates the severe line that has been adopted by the country’s Office for Special …

Former SpaceX Engineer Targets Consumer Traders With His LXDX Crypto Exchange

A former engineer at Elon Musk’s SpaceX has announced his new firm LXDX would launch a public cryptocurrency exchange, Leaprate reports Monday, September 17. Previously engaged in automation and propulsion at SpaceX, Joshua Greenwald has since turned his attention to institutional-grade cryptocurrency trading.   While already operating for institutional investors, Greenwald now wishes to hook the …