Key Facts of the Day: 10.07.2018

Bancor Attack Sees $13 Million Stolen

Crypto exchange Bancor suffers a cyber attack with $13 million in crypto stolen, MyEtherWallet is also compromised a few hours later. Decentralized crypto exchange Bancor was attacked by hackers, as a result of which $13 million worth of cryptocurrencies has been stolen.

Also, several hours after the Bancor incident, MyEtherWallet, one of the most popular crypto asset wallets warned its users to immediately transfer their funds to another account. The company suspected HOLA, free VPN extension for Google Chrome, to have be hacked which exposed data of MyEtherWallet users for intruders to collect for at least 5 hours.

Chinese Crypto Malware Generated $2 Million

Detected in China, a malicious software aimed at hidden mining, brought its creators more than $2 million in 2 years. Police of the Chinese city of Dalian arrested 20 employees of an IT firm suspected of cryptojacking around a million PCs.

Hackers have allegedly implanted a code into the software of an internet browser extension, which was designed to speed up the work of the application.

Augur - Long Awaited Mainnet Launch is Here

Augur, the blockchain based platform which gives out rewards based on how accurately its users predict the outcomes of events, has finally launched its own Mainnet.

Augur has been described as a gambling platform by some, but the house will not always win here since predictions are be made on a decentralized and transparent environment; meaning there is no house to begin with.

Google’s Brin Admits to Mining Ethereum

Google’s co-founder Sergey Brin, has admitted that he’s immensely interested in cryptocurrencies and that he mines ethereum alongside his 10-year-old son. Brin considers blockchain technology to have a vast potential, given that it allows users to store data and exchange documents in a safe manner.

NEO: Get Out of Bitpaction

Projects of the NEO ecosystem strongly advise users of the Bitpaction to withdraw their funds from the crypto exchange site, as it has increased the commission fees up to several times, has shut down the deposit option, and the administration has not responded for several days. Representatives of the NEO ecosystem believe that the site administration is trying to get the maximum profit before closing dowing Bitpaction. If users don’t withdraw their funds as soon as possible, they might lose them once and for all.

At 15.00 (GMT+1) total cryptocurrency market capitalization stands at $254,4 billion

Bitcoin (EXANTE: Bitcoin) $6 412,81 (-5,66%)

Ethereum (ETH/USD) $441,33 (-9,20%)

XRP (XRP/USD) $0,45 (-5,76%)

Bitcoin Cash (EXANTE: Bitcoin.Cash) $699,54 (-6,94%)

EOS (EOS/USD) $7,42 (-13,78%)

Bitcoin Diamond (+9,62%) showed the best growth in the top-100

Market Dynamics

The trading volume of cryptocurrencies for 24 hours reached $14,2 billion (+2,7 billion per day)

Mining Profitability

BTC $3,0 for 10 TH/s

ETH $0,32 for 10 MH/s

BCH $0,25 for 1 TH/s

LTC $3,5 for 1 GH/s

DASH $0,13 for 1 GH/s

Ongoing ICOs:

Expected ICOs:

Click here for the full list of ongoing ICOs.