Established in 2013 as EXMO Finance LLP, EXMO is a small UK-based exchange that offers a fairly wide selection of cryptocurrencies as well as several fiat-to-crypto trading pairs. Compared to other crypto exchanges, there are a lot of fiat deposit options available on EXMO, such as EUR, USD, Ukrainian Hryvnias (UAH), as well as Russian Rubles…
On February 28th, the second meetup under the name "HODL is the name of the game" was held at the Kavarna Sputnik in Ljubljana, Slovenia. The event was hosted by the Slovenian Blockchain association which is devoted to helping people and organizations understand and implement the benefits of blockchain technology. Four interesting talks…
Risk management system saves the day! World-renown cryptocurrency exchange “Binance” successfully defended itself and recovers from a hacking attempt. In a matter of minutes, the system detected a discrepancy and closed the withdrawing capabilities. What we know is that the potential of a cyber-attack on the China-based exchange platform started increasing in January as the…
What is Cardano?
Cardano is a decentralized open source public blockchain project. The cryptocurrency of the network is called ADA. What makes this blockchain unique is the scientific philosophy approach to developing Cardano and the research-first methodology to developing all the features of the network. Before starting to talk about what makes Cardano…
Darko Bodnaruk is the organizer of an Ethereum community in Ljubljana, the capital of Slovenia. His non-commercial meetups have been going on for four years now, and apart from a few missed months, this community has consistently hosted monthly meetups for themselves. On the 27th of February the meetup was organized in a location called…
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Hidden danger.
The…
Binance, one of the hottest and newest exchanges from China having started with their operations in July 2017, dedicated to only trading coin to coin, has currently shut down trading, depositing, and withdrawing activities due to a server issue. What started off as a small server maintenance issue quickly escalated, as we can testify through…
As I covered the CoinCheck Hack last week and updated on the story this week, the choices and decisions made by some of the stakeholders have somewhat perplexed me. Particularly NEM and their "Blacklist" implementation to dealing with the stolen funds, ensuring that they are to be frozen as soon as they step onto an…
January 26th marked the date when CoinCheck, a top performing Japanese cryptocurrency exchange publicly shared that they've been hacked. Soon after information was shared that Ripple and XEM were stolen, but the former was dismissed as additional info transpired that Ripple tokens were taken out of the exchange as a precaution. This is a follow up…
Merklized Abstract Syntax Tree (MAST) is a BIP (Bitcoin Improvement Proposal) that will enable Bitcoin to facilitate incredibly complex smart contracts, by extrapolating the power of Merkle trees and adding onto the current P2SH (Pay to Script Hash) capabilities of Bitcoin. This is what a P2SH transaction would look like if visualized. Combining the best of both worlds…
