BTC-e upd: now have access to database and wallets

Bitcoin exchange BTC-e reports on having an access to its database and wallets
04 August 2017   1729
Bitcoin

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

Bitcoin exchange BTC-e has gone offline more than two weeks ago. On 25th of July, the FBI agents seized all the equipment from their data center. On Saturday evening, July 29th, all the coins were withdrawn by one transaction. The total withdrawn amount was 485,705.4597502 ETH, which at the current market rate is almost $95 million. 

Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

Now an updated information about BTC-e situation has been posted on bitcointalk.org.  

Thus, Bitcoin exchange BTC-e reports on having access to its database and wallets:

Updated information on BTC-e on bitcointalk.org Updated information on BTC-e on bitcointalk.org

According to the BTC-e support's report, now BTC-e are able to access their database and wallets, so they are currently evaluating data and coin balance. The information on this will be available to the public before the end of next week, the team member details. 

The exchange team also clarifies the information about Mayzus Financial Services Ltd:

We confirm that the main Fiat streams entered the service via Mayzus Financial Services Ltd and at the moment they are arrested. 
 

BTC-e support team

It is interesting that earlier the representative of Mayzus Financial Services Ltd, who also owns the services of Moneypolo and OKPay, denied their involvement in the BTC-e exchange situation and even threatened to sue GitHub for defamation.

Ethereum Scaling Solution Raiden to Launch Last Testnet

As noted by the developers, after implementing the new solution, the Ethereum network will be able to provide more than a million transactions per second
20 July 2018   133

On Thursday, July 19, at the Dappcon developer conference in Berlin, the last test network of Raiden for the Ethereum blockchain was launched, CoinDesk reports.

The release includes a minimal implementation of the scaling solution, which will allow the transfer of Ethereum tokens outside of the main blockchain. This is the last test phase before the introduction of technology into the core network of Ethereum.

It's the first step towards going to the mainnet. We really want people to really test this so we have a user interface, we have an API and we've created an open Github for everything they could find, so if we go hopefully bug-free on the mainnet.
 

Lefteris Karapetsas

Core Developer, Raiden

According to him, the new release represents an early implementation for the core network and contains a new rewritten code of smart contracts and payment channels that can be restored in case of unintended closure.

Also, Karapetsas urged developers to join the test network to help detect possible bugs, adding that a bounty program will be launched to encourage this activity.

The release date for the main network has not yet been assigned, but the developers intend to follow this earlier promise and launch Raiden this summer.

Karapetsas also promised to publish regular updates and code optimizations after the full release, adding that Raiden will complement other Ethereum scaling solutions that are currently being developed.

Raiden is essentially the payment channel network for ethereum, it's supposed to help us scale token transfers. The long term goal would be to have people use Raiden from a mobile device and be able to make off-chain token transfers just from their phone. That would be the long term vision, it would probably work in combination with various scaling solutions, sharding, plasma, a sort of hybrid.
 

Lefteris Karapetsas

Core Developer, Raiden

Raiden is developing from the 2015 and is written mostly on Python. The project is much like the Lightning Network. As noted by the developers, after implementing the new solution, the Ethereum network will be able to provide more than a million transactions per second.