Beam Wallet Vulnerability Found

Cryptocurrency itself was launched only a week ago
10 January 2019   220

The developers of the private cryptocurrency Beam based on the MimbleWimble protocol have discovered a critical vulnerability in the Beam Wallet wallet, affecting both the desktop version and the CLI implementation.

The project team urged users NOT to delete the wallet database, because the vulnerability does not affect private keys or passwords.

At the same time, the developers offered users five simple steps.

  1. Stop your currently running Beam Wallets immediately.
  2. Uninstall or delete your Beam Wallet application and executables from all machines. DO NOT DELETE THE DATABASE or any other wallet data
  3. Make sure the application was deleted. Check the documentation for the location of Wallet app files
  4. Download Beam Wallet again from the website only. It will have THE SAME version numbers as previously published archives. Make sure the SHA256 of the archive matches with the one published on the website.
  5. Install the new application

Beam was launch a week ago, in a day of Bitcoin genesis block 10th anniversary  

OKEx Exchange to Launch GBP and THB OTC Markets

Thai and UK users should to pass the KYC procedure to start using Over-The-Counter platform
24 January 2019   28

OKEx announced support for the British pound and Thai baht on its over-the-counter platform.

The press release notes that users from Thailand and the UK can go through KYC verification procedures and start using the OTC platform.

Orders can be placed on the over-the-counter platform OKEx by independently choosing the exchange rate and payment options. Currently, this OTC-platform contains Bitcoin, Ether, Litecoin and Tether cryptocurrencies.

In addition to the pound and baht, the platform supports the Vietnamese dong and the Chinese yuan. This year, OKEx promises to expand the list of supported fiat currencies and serviced regions.

Earlier, OKEx launched termless Bitcoin swaps, and then similar tools for Ethereum, Bitcoin Cash, Ethereum Classic and Litecoin.