Verge to be Under 51% Attack, SuprNova Says

Verge official Twitter account reports on DDoS attack on "some mining pools"
22 May 2018   491

The SuprNova mining pool reported that the Verge crypto currency blockchain is under the 51% attack and all the correct blocks were rejected. According to their information, the problem affected all the pools and all miners, since the attacker at the moment controls all the blocks.

Supr Nova Twitter
Supr Nova Twitter

Representatives of the project earlier reported a possible DDoS attack on pools and delays with block validation.

Verge Twitter
Verge Twitter

On April 4, the Verge network was attacked 51% due to the bug in the code.

Gemini & Partners to Launch Virtual Commodity Association

Association is created to develop standards for the industry, promote transparency in the market and cooperate with regulators, including the CFTC
20 August 2018   92

Several major exchanges decided to create a new structure designed to eradicate manipulation in the digital assets market, Bloomberg reports.

The Virtual Commodity Association was formed by the founders of the exchange Gemini Cameron and Tyler Winklewoss. According to a statement released on Monday, the group also included Bitstamp, BitFlyer USA and Bittrex. Representatives of four trading platforms will meet in September to consolidate the provisions for the future functioning of the organization.

The Virtual Goods Association will develop standards for the industry, promote transparency in the market and cooperate with regulators, including the Commodity Futures Trading Commission of the United States (CFTC), in order to prevent manipulation of Bitcoin, Ethereum and other currencies.

As the temporary executive director of the organization, Maria Filipakis, who worked in the Financial Services Department of New York, was appointed, where she took part in the creation of a BitLicense.

Earlier, the Winklewoss brothers tried to launch their own ETF, tied to bitcoin, but the US Securities and Exchange Commission denied them twice, as the reasons for its decision, among other things, calling for the absence of adequate measures to prevent cryptocurrency market manipulations.