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The difficulty bomb on Ethereum worked automatically, the theft from the Cryptopia cryptoexchange continues. It took 20 minutes to conduct BitTorrent's ICO.
The protocol of the ethereum platform automatically reduced the daily issue of coins to approximately 15,000 pieces. Previously, miners could receive about 20,000 ETH as a reward. It was expected that the Constantinople update would be able to delay the introduction of a difficulty bomb for another year. However, hardfork was transferred for too long, and the process was initiated automatically.
Now the time to extract one block is about 18 seconds, previously it took 15 seconds. As a result, the daily issue of coins decreased by 25%. It was expected that the hardfork Constantinople would postpone the launch of the bomb for a year, but at the same time reduce the reward for the unit from 3 ETH to 2 ETH. Now developers will have to adjust their plans.
Last week it became known about hacking cryptocurrency trading platform Cryptopia. According to preliminary estimates, access to 170,000 wallets was obtained, from which 1,675 ETH were seized. At current rates, this is approximately $ 180,000.
However, experts at Elementus believe that the exchange failed to find security vulnerabilities. Therefore, theft from purses continues to this day. It is noteworthy that more than 5,000 wallets were re-cracked. Their owners did not have information about hacking, and simply replenished already empty storage. Elementus is confident that Cryptopia has lost control of its own security systems. Therefore, the exchange can not stop the hackers.
BitTorrent took just under 20 minutes to conduct an ICO. It took place in two stages, during which tokens were sold for a total of about $ 7,000,000. 962 buyers could become investors.
However, during the ICO, it was not possible to avoid technical difficulties. The site was so overloaded that many potential buyers could not become owners of tokens. The maximum size of the transaction, under the terms of the initial public offering, did not exceed $ 20,000. But even this restriction did not allow anyone to purchase this asset.
BitTorrent tokens ICO was held better than expected