Oracle joins Hyperledger

Oracle Database shows interest in blockchain joining Hyperledger 
31 August 2017   3206

Database giant Oracle has announced that the comopany has joined the Hyperledger project, the Linux Foundation-led blockchain development initiative.

Thus, Oracle plans to use the Hyperledger Fabric blockchain code as the basis for a new cloud-based service.

As we develop our blockchain cloud platform for enterprise use, we believe scalable cross-industry technologies, confidential transactions, and modular architecture promoted through initiatives like the Hyperledger Project, are critical components.
 

Amit Zavery
Oracle's SVP for cloud platforms and middleware

As reported, Oracle looks forward to participating in Hyperledger for the benefit of our global customer base and the market at large. 

According to the team, their objectives are:

1. To address mission-critical enterprise needs such as scalability, security, robustness, integration, and performance to remove barriers to adoption and support blockchain applications in production.
2. To make it easy for customers to deploy, configure, manage and monitor blockchain and reduce the cost for deploying blockchain in enterprises by offering it as a Platform as a Service (PaaS) Cloud solution.
3. To accelerate the development and integration of blockchain applications with Oracle Cloud App Dev platform and built-in DevOps capabilities.
4. To help Oracle SaaS cloud customers enable their enterprise processes like Procurement, Payments, Trade Finance, Accounting, HR, CX to securely share data and conduct distributed transactions with 3rd party applications and external distributed ledger technologies using blockchain cloud platform.

Bittrex to Go For Maintenance After 1/3 Funds Moved

Users suspects hack, but exchange says "funds are safe"
05 December 2019   114

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."