Etherum news and trends

Will Ethereum Survive The $50M Hack?
Security & Fraud // June 17, 2016

The hacking of an experimental virtual currency project called the Decentralized Autonomous Organization (DAO) has sent a chill into the digital currency ecosystem. More specifically, Ether, a bitcoin-like digital currency alternative. The hacker in question was able to steal $50 million in digital currency from the...

Microsoft Adds More Blockchains To Azure Service
B2B Payments // March 28, 2016

The list of participating partners for Microsoft’s cloud-based blockchain platform that runs on Azure has grown with new partners announced to support the initiative, reports said on Thursday (March 24). The service, which runs on the Microsoft Azure platform, is expanding at a “very rapid pace,”...

Distributed Ledger Tech Does eProcurement
B2B Payments // February 23, 2016

FinTech innovators and financial institutions the world over are exploring how to steer blockchain and distributed ledger technology in various directions, indicating that the market could see use cases for the tool far beyond cross-border payments. BuyCo.io is one of these firms looking for less...

Quick Reads
Scammers Launch Fake ICO; Steal $2M From Investors

March 12, 2018
Scammers were able to steal $2 million or more in cryptocurrency after launching a fake initial coin offering, reported CNBC. According to CNBC, the scammers used a fake profile on LinkedIn and stole pictures from another Instagram account to create a fake person — and were then able to get more than 1,000 investors to invest […]