Skycoin to hold an ecosystem launch conference

Skycoin is hosting a conference as it celebrates the launch of it ecosystem on April 10 in Shanghai with an official news agencies coverage
04 April 2018   412

The Skycoin team has announced it is going to hold a conference to signify the launch of its ecosystem. The special event will take place in Shanghai on April 10 at hilton Shanghai venue. The team is ready to share Skycoin Ecosystem with all of China and therefore there will be several local, governmental and international news agencies covering the event. Significant announcements are expected to be made during the conference, and a video report will be uploaded on YouTube right after the event finishes.

Among the speakers, the will be Skycoin Founder Andy, CIO Steve, DFJ Dragon Fund Founder Wang Yue Hua, KittyCash core developer Evan Lin and many others. The event schedule is as follows:

  • 09:00  sign-in
  • 09:30  introductory video with host
  • 09:45-10:15 The history of Skycoin and Ecosystem (Sam Sing Fong, COO)
  • 10:15-10:45 How Obelisk's Consensus protocol solves the problems with Bitcoin (Andy, Founder)
  • 10:45-11:15 Skywire, the distributed network and Skyminer, the hardware node (Weng Zhi Yi, Skywire CTO)
  • 11:15-11:30 tea break
  • 11:30-12:00 CX Object System (SPO team)
  • 12:00-12:20 CX programming language (Synth, CIO)
  • 12:20-12:30 KittyCash (Evan Lin, Core developer)
  • 14:00-14:30 Blockchain consensus protocols analysis and philosophical interpretations
  • 14:30-15:00 Fiber platform sharing session
  • 15:00-16:00 Round table forum
  • 16:00-16:15 tea break
  • 16:15-17:00 Round table Q&A
  • 17:00 The end

At the moment of publication, the market parameters for Skycoin are as follows

Average price: $13.06

Market cap: $101,416,379

Volume (24H): $513,516

Japan to Tighten Regulation Due to Zaif Hack

$ 62 000 000 worth cryptocurrency was stolen from the Zaif exchange few weeks ago
25 September 2018   70

Hacking of Zaif exchange is the reason for toughening control over the market by the financial regulator of Japan, Reuters reports.

The first measure taken was administrative sanctions against the exchange and its operator Tech Bureau Corp. The Financial Services Agency (FSA) has expanded the list of requirements for the latter, pointing out the need to identify preventive measures and search for the organizers of the theft.

Shortly before that, researchers of the Japanese financial company Tech Bureau Corp could not provide details of the theft of $ 62 million from the Zaif crypto exchange at the request of the FSA. The Osaka-based operator had to investigate the causes, consequences of the theft and options for compensating the victims. According to the Agency, the financial company could not cope with the task.

According to the Tech Bureau, the exchange was hacked on September 14 within a few hours. The problem with the server was discovered by the site staff on 17 September. Official confirmation of the incident and notification of the authorities was made only a day later.

Recall, the theft of $ 60 million from the Japanese stock exchange Zaif caused a surge of volatility of bitcoin. For a short time the price was able to overcome the distance of $ 400.