On April 25, 2018, OKEX, the third largest Hong Kong-based cryptocurrency exchange in the world was suspended in all ERC20 tokens after the developers discovered a bug called BatchOverFlow that made the tokens vulnerable. Malicious parties could generate a huge number of tokens and will deposit that into a regular address. This will make many of the tokens vulnerable to price manipulation. It is to be noted that this came at the heels of an exploit that caused users of MyEtherWallet, an ERC20 wallet resource, unwittingly interact with phishing websites which left their funds and information exposed. …


CoinFactory is a fully compliant security and utility token issuance platform with a post-token issuance community and company management.

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