Verge Can be Under Attack For 3rd Time in 2 Months

Previous attacks allowed hackers to steal $ 1 million and $ 1.8 million respectively
30 May 2018   782

Verge cryptocurrency is under new unconfirmed attack. If this information is confirmed, then today's attack will be the third in the last 2 months. Previous attacks allowed hackers to steal $ 1 million and $ 1.8 million respectively. This is reported by Bitcoinist.

May 27, the user Bitcointalk under the nickname CHIEF56 drew attention to the address Verge, containing "strange" transactions. On closer examination, it turned out that these transactions correspond to timestamps that were not found in other explorers of the blockchain, which could be a sign of the ongoing re-use attack.

Others drew attention to the fact that one of the addresses used in the first attack has a negative balance on the account, while at another address, according to the statement of CHIEF56, there were 142 853 089 stolen XVG. On May 29, the user Ocminer, who warned the community about the first attack, confirmed the information published earlier.

At the same time, the data from the Verge network show that the drop in the complexity of none of the five crypto currency algorithms has occurred, as was the case in previous cases. Supporters of Verge pay attention to the fact that during the last week the blocks are released at the usual speed, which should speak of the stability of the detachment.

Bank of China to Issue $2.8B Blockchain Bonds

Bank used its own DLT system to issue blockchain bonds
09 December 2019   53

The fourth largest state bank, the Bank of China, has issued two-year blockchain bonds for small businesses totaling $ 2.8 billion.

To issue digital certificates, Bank of China used its own blockchain system.

It is also the first blockchain-based bond issue accounting system in the country.

Bank of China

Securities will go on sale with an interest rate of 3.25% per annum.

Thus, the bank hopes to raise funds to support small businesses in the country. As of September, as part of this initiative, the bank provided loans to small and micro enterprises for a total of $ 57.7 billion.