Vitalik Buterin fake death crashes Ethereum

Ethereum lost 14.5% in 24 hours due to a fake "death"
26 June 2017   6602
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

The fake news appeared on 4chan’s /biz/ thread at 4:30PM EST on 25th June. The post had a header “Vitalik Buterin confirmed dead”, but no proof link was inside.

The "news" started to be actively discussed, however, none of the commentators could confirm the death of Vitalik.

After some time, comments became more and more "scary" due to the fact that there was no response from Buterin. But it is necessary to remember that he lives in Singapore, so, it was early morning there. 

Also, someone edited Wikipedia page about Vitalik, put it to past tense. 

Vitalik Buterin wiki page
Vitalik Buterin wiki page

Some "news" sites began to add details on Vitalik's fake death. Still, no proofs. 

Fake death news

Luckily, it was a hoax and Vitalik is alive and doing great.

This tragic "news" had a big negative effect on Ethereum's rate. 

Ethereum Chart
Ethereum Chart

In general, Ethereum lost 14.5% in 24 hours.

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   83

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.