ICO Race to be held with a prize pool of 1 mln

A new event for crypto startups with the largest ever pitching prize of 1 million is taking place on June 7
04 June 2018   1995

Eidoo is organizing The ICO Race on June 7 to allow ICOs to pitch and compete for $1 million. The winner will be awarded the prize in exchange for tokens. Palazzo Dei Congressi will play host to the event. Each ICO will have a 10-minute pitch in front of a panel. Evaluation will be based on the following key points:

  • solution of the problem;
  • business & token sale model;
  • token sale terms;
  • the pitching team;
  • the quality of the pitch

The panel will consist of Kellerhals-Carrard partner Lars Schlichting, Eidoo CEO Thomas Bertani, Bitfinex CRO Paolo Ardoino, Adm Ventures founder Federico Tosato, d10e CEO Mike Costache and others. Some of the notable speakers at the event are as follows:

Bitfinex will act as the main speaker at the contest. Among the sponsors there will be KPMG, Santiment, CryptoCompare, ParkinGo, Sgame and others.

More event details can be found here.

Bittrex to Go For Maintenance After 1/3 Funds Moved

Users suspects hack, but exchange says "funds are safe"
05 December 2019   94

The Bittrex cryptocurrency exchange has announced scheduled maintenance today, December 5, from 22:00 to 23:00 (GMT). On the eve, a third of its assets were transferred to an unknown wallet.

During maintenance, users will not be able to log into the system or use the APIs. Trading will be suspended.

On December the 4th, populat Twitter account posted that "43,564 #BTC (313,074,134 USD) transferred from Bittrex to unknown wallet." Users suspected that the exchange was hacked, but the exchange . 

Closures for scheduled maintenance only heightened suspicion. However, the Bittrex team assures that "that claim is false."