Ethereum ICO CoinDash hacked: $7m stolen

Ethereum ICO CoinDash has been hacked: $7m being stolen so far
17 July 2017   4926
Ethereum

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

Hardly had the Ethereum Token Sale CoinDash started (today, July 17th), the website has been hacked, reports CoinDash team on their blogs on Twitter and Facebook.

CoinDash warns the potental investors and tries to prevent them from participating in Token Sale until further official announcements will be made.

Blockchain

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

The information on reddit.com allows to guess that it is very likely that scammers hijacked the website by calling domain registrar pretending to be CoinDash team. As reported, hackers changed the ICO address to their own and have stolen $7 Million so far.

According to the company, the site is to be get back soon and CoinDash is to release their official announcement about what just happened. Everyone who participated, both with the right address & fraud address will get their CDT, CoinSash detailed. 

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   88

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.