Tezos Foundation Appointed Two Members to the Board

Two board members of the Switzerland-based Tezos Foundation, including its president Johann Gevers, have stepped down from their positions
23 February 2018   532

According to the press release, the Tezos Foundation has unanimously appointed Ryan Jesperson and Michel Mauny to the Board. Ryan Jesperson will take over Gevers' role as president of the board. Michel Mauny will replace Diego Olivier Fernandez Pons.

Jesperson looks forward to assisting the Crypto Valley ecosystem and helping to further establish Switzerland as a center of blockchain technology and innovation.

With the appointment of the two new members to the Board, the Foundation is preparing itself to assist in the timely launch of the Tezos network.

After months of very hard work under extremely difficult conditions, I'm very happy that we've achieved a good resolution that optimally serves the interests of the Tezos project and the wider crypto ecosystem.

Johann Gevers

Cryptopia to Resume Trading Temporary

Trading lasted few hours and has been stopped, and the company itself has not made any announcements on this matter
18 March 2019   41

Hacked cryptocurrency exchange Cryptopia temporarily resumed trading on this Monday, according to information from the order book on its website. To date, trading has been stopped, and the company itself has not made any announcements on this matter. The total volume of transactions on the exchange, which ceased trading services about two months ago, in the last 24 hours amounted to a little more than 10 BTC.

In a message not related to today's test launch of trades, the exchange announced that it would send letters to all clients affected by the hacker attack. A copy of the letter is available on the Cryptopia website. In it, the exchange describes the circumstances of the hacking and its further actions.

The company also confirmed that it will pay damages to affected users. Customers who kept cryptocurrency stolen from the exchange will see in their accounts withdrawal records without transaction identifiers, reflecting the extent of the damage. They will get Cryptopia Loss Marker (CLM), which are records in the database of payments due to them.

According to the announcement, the company expects to proceed with the payment of compensation and resume trading until the end of the month after the completion of the necessary legal procedures.