CoinDash clarifies the hacking thing

Ethereum ICO CoinDash informs about hackers attack
18 July 2017   4971

Is an open-source blockchain-based distributed computing platform featuring smart contract functionality, which facilitates online contractual agreements 

Ethereum ICO CoinDash fell prey to hacker attack yesterday, July 17th. 

Now the official CoinDash statement is out on the company's website

The CoinDash Token Sale secured $6.4 Million from early contributors and whitelist participants, but, unfortunately, $7 Million were stolen during the attack. The perpetrator's identity hasn't been established yet. 


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

As reported, CoinDash is responsible to all of its contributors and will send CDTs reflective of each contribution. Contributors that sent ETH to the fraudulent Ethereum address, which was maliciously placed on the website, and sent ETH to the official address will receive their CDT tokens accordingly.

However, transactions sent to any fraudulent address after the website was shut down will not be compensated.

Despite all the difficulties, the CoinDash vision, product and team will continue to live on, CoinDash Team assures, and the company hopes for fast recovering. 

This was a damaging event to both our contributors and our company but it is surely not the end of our project ... We are grateful for your support and contribution.

CoinDash Team

Please, pay attention to the fact that the site is still under attack. That's why CoinDash Team asks its contributors not to send any ETH to any address, as the Token Sale has been terminated. 

More information is to be published as the investigation progresses. 

Wirex to Issue 26 Stablecoins on XLM Blockchain

Wirex chosen Stellar blockchain because company considers it safe, easily scalable and relatively inexpensive to use
25 April 2019   66

British online banking platform Wirex has announced the listing for the XLM token, as well as the release of 26 stablecoins on the Stellar blockchain, pegged to fiat currencies, including USD, EUR, GBP, HKD and SGD.

Prior to this, Wirex card supported eight digital assets and ten fiat currencies.

In addition, Wirex added the ability to instantly convert steablecoins to each other at over-the-counter rates.

As the company expects, new assets will be used for money transfers, issue and redemption of tokens, as well as for payments for services.

The choice of Wirex fell on the Stellar blockchain, as the company considers it safe, easily scalable and relatively inexpensive to use.

Last year Wirex became the third company in a row that received a license to provide services in the UK and Europe.