Metaverse to Implement Hard Fork due to Mainnet Attack

According to the team, attack was " large-scale and well coordinated"
16 March 2018   1336

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.

OKEx Ex-CEO to Intend to Raise $40M

Funds are needed for the new exchange called ACDX, which will offer  futures, options, revocable bear/bullish contracts and more
06 February 2020   559

Andy Cheung, who until recently was the operating director of the OKEx cryptocurrency exchange, will open a new derivative trading platform ACDX by the end of the first quarter, CoinDesk reports. The exchange will offer its clients futures, options, revocable bear / bullish contracts, debt contracts and fixed coupon notes.

One of our main goals for the exchange is to provide retail investors with ... structured products that are more commonly used by accredited crypto investors and wealth managers.

 

Andy Cheung

Former chief operating officer at OKEx

In the future, ACDX plans to reach a global level, but first of all it will gather a client base in Asia, using the connections of Cheung and partners in Hong Kong and China. In preparation for the launch, she intends to raise $ 40 million through the sale of tokens and shares in her business to crypto funds, private investment firms and family capital management companies in Europe and Asia. 

We have over $4 million so far and most of the money comes from our own funds. We are in talks with potential investors and likely to announce new investments in the next two months.

 

Andy Cheung

Former chief operating officer at OKEx

To date, ACDX has hired more than 25 employees, including eight developers who are preparing the trading platform for launch.