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Topics - angelsiemon007

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Announcements / SegWit2X Announces Bounty Campaign
« on: January 23, 2018, 12:10:03 am »
SegWit2X Announces Bounty Campaign

Total Prize Fund - $ 120 K

SegWit2X team is launching a number of bounty campaigns, which give Blockchain developers the opportunity to show how skillful they are and reward the best projects, ideas, solutions with big bucks.

B2X App Contest (the total prize fund is 70.000 USD in B2X)
The goal of the bounty campaign is to motivate developers to create apps supporting B2X. This could be any kind of app representing various industries operating in B2C sector. The duration of the campaign is 3 months, the expected amount of winners varies from 1 to 5 and the total prize fund is $70.000. Your apps could be supporting any cryptocurrencies but the B2X implementation is compulsory.

The apps could fall into the following criteria:

Off-the-shelf, working solution.
Best concept, non-trivial solution.
It could be a mobile app (Android/IOS), a web application, or a browser app.

Bug Bounty B2X (the total prize fund is 30.000 USD in B2X)
This bounty campaign falls into two criteria:

find web-service vulnerabilities (reward varies from $50 to $5K in B2X).
find B2X code vulnerabilities (reward is $5K in B2X).
B2X Improve Bounty (the total prize fund is 20.000 USD in B2X)
The goal of this contest is to improve SegWit2X project. The best solutions with the detailed code description will be given substantial rewards in B2X: rewards vary from 1.000 to 5.000 USD in B2X.

For more information visit our official website and social channels.

Cryptocurrencies Discussion / BCH/EUR on GDAX
« on: January 23, 2018, 12:05:41 am »
GDAX exchange, a subsidiary of San Francisco-headquartered Coinbase, has announced that it will open its BCH/EUR order book on Wednesday January 24 at 02:00 AM Pacific Standard Time (PST). This will allow its European users to gain access to bitcoin cash trading directly, without having to exchange their euros to BTC first and paying a commission twice.

As we previously reported, in December 2017 Coinbase was forced to halt bitcoin cash trading on both platforms soon after it started, botching the launch. Besides operational problems like an inability to handle all the traffic to specific BCH liquidity issues, the company was also accused by many clients of enabling insider trading. The GDAX BCH/BTC order book was restored only on January 17, exactly a week before the BCH/EUR.

Launch Sequence
Coinbase to Reopen the GDAX Bitcoin Cash / Euro Order BookIn order for the launch to go more smoothly this time, GDAX will handle the process in a measured and gradual fashion. The exchange team said that the BCH/EUR market will open at first in ‘post-only’ mode for a minimum of ten minutes before entering ‘limit-only’ mode followed by ‘full trading’ mode.

The decision to move the market from one mode to another is made by the GDAX Market Operations team, taking into consideration factors such as order book liquidity and price volatility. Looking at the BCH/BTC order book relaunch for example, we can see it took 37 minutes to transition from the first mode to the second and another hour and 48 minutes to reach the final stage.


The IOTA community has recently been hit with a bit of drama, as some individuals have been left with their wallets drained due to malicious websites providing users with a new wallet seed.

Just two days ago, many users reported having their funds (an estimated $4 million) in their IOTA wallets stolen from an unknown source. The cause? Online seed generators.

Online seed generators for IOTA are websites that provide users with a quick solution to generate a new seed for their IOTA wallet.

When creating a new IOTA wallet, users are tasked with creating an 81-character seed rather than generation being baked-in. There are workarounds as outlined by the HelloIOTA website, which includes using an IPFS seed generator, or creating a key using either the Mac or Linux terminal. However, neither of which is as user-friendly as other wallets – possibly leaving new users turning toward these online generators.

The top hit for online seed generation for IOTA wallets has since taken down its website, leaving a message simply stating “Taken down. Apologies.” The generator would require viewers to move their mouse around to “generate randomness,” and then provide a seed that fit the requirements of an IOTA wallet. It also provided a version of the seed encoded as a mnemonic phrase as well.

According to a blog post from IOTA Evangelist Network member Ralf Rottmann, the attackers deployed a DDoS attack against popular IOTA fullnodes, leaving victims of the robbery unable to rescue any of their funds.

The attackers knew the seeds. You invited them into your wallet, by handing them your keys on a silver platter. The community of fullnode operators is discussing various strategies to better protect public community nodes from this specific and similar DDoS attacks in the future.

The IOTA community has been quite clear about online seed generators, encouraging users to change elements of the seed in order to prevent any vulnerabilities. They have also been repeatedly pointing to the fact that the vulnerability has nothing to do with IOTA’s technology, and rather just seed generating services.

IOTA has gone through a bit of drama in recent times with their Microsoft partnership clarification after a botched press cycle, and patched vulnerabilities found back in the fall. In October, the IOTA team also took custody of at-risk funds due to another vulnerability with the use of a snapshot.

Although quite ambitious, the tangle seems to always be tangled up in controversy.

Announcements / Whitemoney free coin
« on: January 22, 2018, 11:53:20 pm »
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Announcements / Free coins for sign up
« on: January 22, 2018, 11:49:18 pm »
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