Metaverse to Implement Hard Fork due to Mainnet Attack

According to the team, attack was " large-scale and well coordinated"
16 March 2018   1318

The Metaverse reported today that on March 15 its main network underwent a long, large-scale and well-coordinated attacks aimed at changing the time stamps of the upcoming blocks.

To ensure the security of its own network, the project management decided to perform hard fork on the block 1030000, which will be released this Friday. The corrected version of the software will appear within 24 hours. All transactions made during this time period will be canceled.

Thus, the developer warns users against the transfer of ETP and any other tokens released on the blockchain of Metaverse, in the near future.

The new version of the software will include a fix that will successfully resist this type of attack in the future.

Bakkt to Release Consumer App This Year

The app can be used for a wide range of tasks, e.g., crypto and securities trading, virtual goods purchase, etc
23 January 2020   90

Institutional Investor Platform Bakkt will release an app for retail investors this year, with which users can pay with cryptocurrency.

According to the president of Bakkt Adam White at the World Economic Forum in Davos, the application can be used for a wide range of tasks. In addition to trading cryptocurrencies, it will support various virtual “goods” like points of loyalty programs.

In addition, in the future it is possible to add securities trading, as well as the creation of a portal for shops and merchants. That is, the application will be more like a traditional fintech product like PayPal than a solution from a cryptocurrency exchange.

Although the Bakkt platform was originally created for institutional investors, the new director of Mike Blandina is very serious about entering the retail market. Earlier, he said that the application for retail investors should be released in the first half of 2020.

I do not think we are there yet. What gives me optimism is that we are seeing a lot of developer interest. I am confident that someone is going to find something.

 

Adam White

President of Bakkt

 White added that the cryptocurrency market is still underdeveloped.