Hackers Stole Around 14% of ETH and BTC Supply

According to Autonomous Research, in less than a decade hackers stole $1.2B in BTC and ETH
19 January 2018   227

Lex Sokolin, global director of fintech strategy at Autonomous Research LLP said to Bloomberg that in less than less than a decade hackers stole $1.2B in BTC and ETH.

It looks like crypto hacking is a $200 million annual revenue industry. Hackers have compromised more than 14 percent of the Bitcoin and Ether supply.

Lex Sokolin

Global director of fintech strategy, Autonomous Research LLP

In addition, the theft of the сryptocurrency was a loss for companies and governments of about $ 11.3 billion - potentially it could be taxes and commissions from legal transactions, said WinterGreen Research CEO Susan Eustis.

Vulnerabilities are also subject to smart contracts. June 17, 2016, one of the most large-scale attacks in the crypto industry took place - due to a mistake in the code, the promising and very popular project The DAO lost more than $ 60 million.

Co-founder of Quantstamp Richard Ma believes that in part the fault is the old-fashioned thinking of programmers.

When you have a bug, you release a patch. With a smart contract, you deploy it to the network, and it’s not possible to ever change it again.

Richard Ma 

Сo-founder, Quantstamp 

However, according to him, this opens up new opportunities for companies specializing in cyber security. For example, in March, Quantstamp will release an automated tool for checking smart contracts for errors. In addition, established and well-known companies in this industry, including McAfee Inc., can also be redesigned to protect innovative systems.

Bitcoin White to Release iOS and MacOS Wallet

According to the roadmap of Bitcoin White, the wallet for iOS and Mac OS will be released on February 19, 2018
19 February 2018   120

Bitcoin White is a flexible and decentralized application platform designed to lower the threshold for developers. Using JavaScript as the programming language and relational database to store data, Bitcoin White is increasing the similarities between developing a DAPP and a traditional web application.

Bitcoin White team has already developed and released the version of its wallet for Windows, Linux and Android. According to the roadmap of Bitcoin White, the wallet for iOS and Mac OS will be released on February 19, 2018.

 Bitcoin White Roadmap
Bitcoin White Roadmap Fragment

The features of the wallet include asset management, account information, setting an additional password, blocking the account by block, and internal blockchain list of transactions.

At the moment of press, these are main market parameters of Bitcoin White:

Average price: $0,184621
24h volume: $48 806