FrenchFounders bring a blockchain discussion event to New York

The event titled "How Is Blockchain Disrupting the Future?" by FrenchFounders is to be held on May 3 in New York with the purpose to deepen the knowledge about the technology applications
17 April 2018   528

FrenchFounders with the sponsorship of crypto market data aggregator is organizing a special conference primarily reserved to FrenchFounders members. The topic of the event is "How Is Blockchain Disrupting the Future?". It will be held in New York on May 3 at New York City Hall. As the technology is often vaguely showcased and talking about the blockchain gets misleading and missing the core opportunities it offers, FrenchFounders invite those who are interested to join the discussion that aims to advance the knowledge in the field.

Together with such experienced professionals as Legolas Exchange Investor Frederic Montagnon, ConsenSys executive director Vanessa Grellet and Matrics CTO Jean Safar use cases ranging from ICO to the specific usage of blockchain-backed service will be studied. Among other participants there are AirSwap Head of Strategy Sam Tabar, Credit Suisse representative P. Simonnet, Oracle's N. De beco, Goldman Sachs' C. Bes and others. Each of them will share their own experience within the blockchain industry and give a better understanding of this secure, transparent, and decentralized technology.

The agenda for the event goes as follows:

  • 06:45 pm – 07:00 pm | Welcome
  • 07:00 pm – 08:00 pm | Panel discussion and Q/A  
  • 08:00pm – 08:30 pm | Networking Cocktail

Registration for the event is mandatory.


Japan to Tighten Regulation Due to Zaif Hack

$ 62 000 000 worth cryptocurrency was stolen from the Zaif exchange few weeks ago
25 September 2018   82

Hacking of Zaif exchange is the reason for toughening control over the market by the financial regulator of Japan, Reuters reports.

The first measure taken was administrative sanctions against the exchange and its operator Tech Bureau Corp. The Financial Services Agency (FSA) has expanded the list of requirements for the latter, pointing out the need to identify preventive measures and search for the organizers of the theft.

Shortly before that, researchers of the Japanese financial company Tech Bureau Corp could not provide details of the theft of $ 62 million from the Zaif crypto exchange at the request of the FSA. The Osaka-based operator had to investigate the causes, consequences of the theft and options for compensating the victims. According to the Agency, the financial company could not cope with the task.

According to the Tech Bureau, the exchange was hacked on September 14 within a few hours. The problem with the server was discovered by the site staff on 17 September. Official confirmation of the incident and notification of the authorities was made only a day later.

Recall, the theft of $ 60 million from the Japanese stock exchange Zaif caused a surge of volatility of bitcoin. For a short time the price was able to overcome the distance of $ 400.