Zcash v1.0.11 is released

Zcash update: Zcash v1.0.11 has been fianlly released
16 August 2017   2280

Today, on August 16th, 2017, the release of Zcash 1.0.11, which includes bug fixes and usability improvements, has been announced.  

According to the zach team, the release includes the following changes:

  1. 401 Unauthorized bug encountered when using some JSON-RPC libraries was fixed. (#2529)
  2. z_sendmany changed to fail with an error if the user sets minconf=0 when sending from z-addresses. (#2525#2526)
  3. The listunspent RPC method was extended to specify whether outputs were from a coinbase transaction, to help users identify t-addresses that need to have their contents shielded. (#2522)
  4. A block download progress indicator to the metrics UI was added. (#2484)
  5. UPnP support (which was already off by default) for security reasons was removed. (#2504)

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Australian Company to Issues Crypto Backed Loans

In case of default, financial company named Helio may sell cryptocurrency to cover losses
10 December 2018   89

Helio from Melbourne began issuing loans secured by cryptocurrencies, Bitcoin.com reports.

The service allows Helio clients to borrow from 1000 Australian dollars ($ 720) on the security of cryptocurrency assets. At the moment, the company accepts Bitcoin, Ether, Litecoin and Ripple.

Helio client crypto assets are stored in a secure wallet, company representatives say. In case of default, the company may sell cryptocurrency to cover losses.

Helio has a credit license (ACL) issued by the Australian Securities and Investments Commission (ASIC). As stated by the company's founder, John O’Shy, Helio was the first licensed organization in Australia to launch this service. According to him, the country has a developed cryptocurrency market, however, suppliers who want to provide loans secured by digital assets are not enough.

In June, the Japanese corporation Abic Corporation began to issue loans secured with Bitcoin