French Watchdog to Ban 15 Crypto-Related Websites

The majority of the websites are registered in United Kingdom
16 March 2018   748

France's financial market regulator Autorite des Marches Financiers (AMF) blacklisted 15 sites related to cryptocurrencies. According to the authorities, these websites publicly promote investment proposals prohibited in the territory of the EU way. In the "black list" there are already sites that illegally offer to invest in assets such as precious stones and rare earth metals. This is reported by Coindesk.

Companies in France offering the purchase of rights over goods promoting the possibility of a yield or its economic equivalent are subject to the regulation of diverse goods and as such their offer must have a registration number provided by the AMF.

AMF Annoucement

The list includes 15 sites, whose owners were notified that they violated the law, but despite this continued to operate. Most sites are registered in the UK.

Among them, AKJ Crypto, for example, offers a wide range of services, from asset storage to account management. Another site - Crypteo - is a crypto-currency marketplace.

AMF also reminds investors that the high yield of the instrument most often implies a high degree of risk.

Ethereum VM May Have Vulnerability

The vulnerability is reported by NettaLab Twitter account
12 November 2018   65

On November 9, a statement appeared in Netta Lab’s Twitter account that the organization discovered a vulnerability in the Ethereum virtual machine that allows to execute smart contracts endlessly without paying for gas online. The researchers also allegedly turned to the operator of the American database of vulnerabilities, where they registered the corresponding discovery.

Netta Labs discovered an Ethereum EVM vulnerability, which could be exploited by hackers. The vulnerability can cause smart contracts can be executed indefinitely without gas being paied.

Netta Lab's Twitter

At Netta Lab's request, Google demonstrates the site of the project, which specializes in auditing smart contracts under the Netta Lab brand, but the Twitter accounts of the projects do not match. Note that the profile that reported the vulnerability was registered in November.

Many users expressed doubts about the authenticity of the information that appeared, but then the creator of the NEO project Da Hongwei said that he spoke with the CEO of Netta Labs and asked the researchers to audit the NEO virtual machine.

Nevertheless, Vitalik Buterin wrote on Reddit that this is a vulnerability in the Python-implementation of the virtual machine, which was first reported on GitHub 9 days ago. This means that the main clients (go-ethereum; parity and cpp-ethereum) are not affected.