Record number of transactions in Ethereum network

 A record number of transactions has been recorded in the Ethereum network
15 August 2017   1132

The Ethereum network, the second one in terms of market capitalization after Bitcoin, has experienced an unprecedented level of activity in recent days, as evidenced by a new record number of transactions. Thus, on Monday, August 14, it was equal to 410.061.

Ethereum transaction data on etherscan.io Ethereum transaction data on etherscan.io

Thus, Vitalik Buterin also draws attention to the new record, suggesting that perhaps it is the highest number of transactions ever recorded in public blockchains, which is, to tell the truth, quite a controversial statement:

Anyway, the new record is certainly noteworthy as it demonstrates the growing popularity of the platform, let along the huge amount of ICO held on the basis of Ethereum tokens.

Ethereum market cap on coinmarketcap.com Ethereum market cap on coinmarketcap.com

However, despite the increased activity, the price of Ether, according to Coinmarketcap, for the past day has decreased and is now around $ 298. Market capitalization of Ethereum is currently estimated at $ 28 billion, which is about 20% of the total capitalization of all crypts.

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   120

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.
 

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.