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Showing posts from July, 2018

Crypto Exchange Coinrail Reopens with Offers to Recover 11 Cryptocurrencies

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who is online counter blog counter South Korean exchange Coinrail has resumed service after it was hacked last month. The exchange has offered users some options to recover their cryptocurrencies. Eleven cryptos were stolen, some of which have been fully recovered and are now available for trading and withdrawals. However, some coins were not recovered. Also read:  Yahoo! Japan Confirms Entrance Into the Crypto Space Services Resumed Coinrail reported that it was  hacked  on June 10 with an estimated damage of about 45 billion won (~US$40 million). The exchange suspended trading after the hack as it tried to recover lost coins. Coinrail resumed service on July 15, announcing: We have completely revamped the existing security system that exposed the vulnerability, and have upgraded the overall security level. The cause of the hack was not disclosed by the exchange when it resumed trading, Sedaily noted. “KISA [The Korea Internet & Security Agency] is in the proc

Bitcoin Price Jumps Above $6800

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free hit counter Newsflash: Bitcoin Price Jumps Above $6800 Bitcoin price abruptly jumped over $6800 (Bitfinex) during trading on Saturday, representing yet another attempt to break above $7,000 during the ongoing bear cycle.   There are a number of factors that could have contributed to this sudden jump. Bitcoin, and cryptocurrencies more generally, have seen a plethora of positive news this week. For instance, South Korea – a major crypto trading market – announced that they were loosening restrictions on all manners of cryptocurrency trading across the board, including examining allowing domestic initial coin offerings (ICOs). This is according to the KoreaTimes, who stated, “Financial regulators plan to ease rules on crypto-based assets in line with policies initiated by G20 nations to establish unified regulations.” As reported by CCN this, South Korean authorities are also looking at classifying cryptocurrency exchanges as regulated f

TEDCHAIN: Decentralized Gaming Ecosystem

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free hit counter The game type market has always been a significant growth indicator, as it is not affected by natural disasters or economic crises. This can be recorded for segments with mobile entertainment. Literally a few years ago, the global profit indicator was around 72 billion dollars. And this is a chance that Tedchain to revolutionize the gaming industry by integrating blockchain technology into the game, it will also make the need for cryptocurrency and smart contract technology utilization also create a decentralized platform for gamers where gameplay can be played together. Welcome to Tedchain Decentralized Gaming Ecosystem About Tedchain Network Tedlab will improve scalability and privacy in blockchain using Tedchain technology. Tedchain is a distributed ledge technology. it is suited for organizations wishing to issue and manage digital assets in a robust, secure and scalable way. The Tedchain platform includes a blockchain-based development