EthereumAndrius Vaškevičius

Ethereum
Elon Musk Calls Out Spam Bots in a First Ethereum-Related Tweet
The mastermind behind SpaceX and Tesla took to Twitter to lay into crypto scams that have been marauding the platform for quite a while. In his tweet, the famous entrepreneur publicly mentioned Ethereum for the first time, although not in a context that ETH founder Vitalik Buterin would have wanted. I want to know who is running the Etherium scambots! Mad skillz … — Elon Musk (@elonmusk) July 8, 2018…
MyEtherWallet Hit by Another Attack, Urges Hola Users to Move Funds
Ethereum
MyEtherWallet Hit by Another Attack, Urges Hola Users to Move Funds
Popular token wallet and Ethereum interface MyEtherWallet (MEW) is at the center of controversy once again, as the service was subject of a hacker probe for the second time in the span of three months. However, this time the blame cannot be placed solely on the wallet provider as a widely-used free VPN service Hola was compromised for a good five hours, which led to the vulnerability. MEW is an…
Vyper - the New Ethereum Programming Language that is More Secure and Simple
Ethereum
Vyper – the New Ethereum Programming Language that is More Secure and Simple
KISS (Keep it simple, stupid) is a fundamental principle used in software development for reiterating programmers the importance of simplicity. Solidity is a programming language that has been created for developing Ethereum Smart Contracts. Yet, this programming language does not seem to be the most optimal for its use; therefore, Vyper could be a new alternative. Why is a specific programming language required for developing Smart Contracts? Developing Smart Contracts…
Google Co-founder, Sergey Brin, Has Been Mining Ethereum with His Son
Ethereum
Google Co-founder, Sergey Brin, Has Been Mining Ethereum with His Son
Sergey Brin, the president of Alphabet Inc. and Google co-founder, showed up at the BlockchainSummit in Morocco last Sunday. Brin joined the panel discussion on emerging technologies. The famous computer scientist and internet entrepreneur revealed that he has been mining Ethereum. The decision to join the cryptocurrency bandwagon came to Google co-founder after he acquired a gaming PC for his son. “A year or two ago, my son insisted that…
Decentralized Exchange Bancor Hacked $12 Million in Ether Stolen
Ethereum
Decentralized Exchange Bancor Hacked: $12 Million in Ether Stolen
The Decentralized network which allows users to hold and convert tokens, Bancor Network (BNT) has been hacked at approximately 00:00 UTC yesterday. Bancor Network is a Swiss-based company which proved to have a successful run in the ICO sales last year when it raised $153 million.  It also had the support of famous crypto billionaire Tim Draper. What seemed to be a good run, turned out to become troublesome when…
Ethereum Founder Vitalik Buterin Hopes Centralized Exchanges ‘Burn in Hell’
Ethereum
Ethereum Founder Vitalik Buterin Hopes Centralized Exchanges ‘Burn in Hell’
On July 6th, Vitalik Buterin, the co-founder of Ethereum, pronounced his negative opinions about centralized exchanges in a TechCrunch Blockchain conference in Zug. He stated: “I definitely personally hope centralized exchanges burn in hell as much as possible.” During this interview, the co-founder of Ethereum explained how these centralized exchanges hold the entire power regarding to which tokens should be listed and which ones should grow faster. In other words,…
We Should See Sharding in 2020 as Part of “Ethereum 2.0” – ETH Foundation Researcher
Ethereum
We Should See Sharding in 2020 as Part of “Ethereum 2.0” – ETH Foundation Researcher
Sharding has long been billed as Ethereum’s solution to network clogging, and at this scaling solution is definitely needed if the project is to grow into the future. Justin Drake, a researcher at the Ethereum Foundation says the technology could be implemented as soon as 2020. Drake (I know what you’re thinking but no, not that one) and Vitalik Buterin were in discussion with popular website TechCrunch in Zug, Switzerland…
Europe’s Largest Trader of Exchange-traded Funds (ETFs)' Flow Traders NV' is Opening its Doors to the Crypto Market
Bitcoin Ethereum
Europe’s Largest Trader of Exchange-traded Funds (ETFs)’ Flow Traders NV’ is Opening its Doors to the Crypto Market
Europe’s largest trader of Exchange-traded funds (ETFs) Flow Traders NV is opening its doors to the Crypto Market by offering ETNs based on bitcoin and ether. Exchange-traded note (ETN) is a financial product which could be seen as a bond given that is debt issued by a financial institution, but the investor instead of receiving interest payments he/she will obtain the capital gain/loss which is linked to the performance of…
A Market Rebound after SEC declares Bitcoin and Ether are Not Securities
Bitcoin Ethereum
A Market Rebound after SEC Declares Bitcoin and Ether are Not Securities
Hopes of a bear market turning into a bull one has become much higher with the Securities and Exchange finally going cryptocurrency’s way by declaring Bitcoin and Ether are not securities. The bounce back in the two most prominent cryptocurrencies, Bitcoin and Ethereum, is being seen in the market. With the last week being an upsetting one, which saw some downswings this week seems to be much better. The statement…
Hackers Steal $20 Million of Ethereum
Ethereum
Hackers Steal $20 Million of Ethereum
 Chinese cybersecurity company Qihoo 360 reported an attack on the Ethereum network. The attack resulted in $20 million stolen from misconfigured Ethereum clients. Hackers have been using a vulnerability with exposed Remote Procedure Call (RPC) interface on port 8545. The news of the hack potentially served as a secondary factor contributing to the recent negative market trend of the Ethereum price.   The Qihoo 360 team has been tracking the…