Cryptocurrency Bounty Hunters
Intrepid Report Issue #24: crypto hack foiled, 250k hacker bounty, third industrial revolution, and more…
In the last week, Binance cryptocurrency exchange foiled an attempted hack and went on the offensive, Sierra Leone held a blockchain-powered election, and a class action lawsuit was filed against Coinbase for alleged insider trading. We’re also covering insights on what happens when bitcoin miners come to town, the third industrial revolution (a must watch), and a whole lot more in this week’s Intrepid Report. Check it out below.
Binance Hack Foiled and 250k Reward Offered For Info on Hacker
Binance recently revealed a foiled attempt to hack their exchange. According to Binance, the attempted hack was uncovered by their automatic risk management system before any funds were stolen. Now, Binance is going on the offensive and offering a $250,000 bounty to anyone that provides information that leads to the legal arrest of the hackers.
Sierra Leone Holds First Blockchain-Powered Presidential Vote
Sierra Leone’s Presidential vote last week was powered by blockchain technology. While this is a milestone in itself, there is still a long way to go. The ballots were paper-based and later manually inputted into a blockchain system. Expect to see more developing nations move forward with similar initiative as they look to build towards the future.
Coinbase Faces Class Action Lawsuit
A group of private cryptocurrency traders filed a class action lawsuit last week against Coinbase, one of the world’s largest digital currency exchanges. The group alleges that Coinbase employees engaged in insider trading of the relatively new cryptocurrency called bitcoin cash.
ICO Token Sale Models
Before launching an ICO it’s important to learn about different token sale models. There are several different models, understanding them will help you decide which one makes the most sense for your project. In this article we’ll share with you some of the most common ones.
The Third Industrial Revolution
The Intrepid Report focuses on the blockchain world, but sometimes we come across something so powerful, we would be remiss not to share it. This video falls into that category. The global economy is in crisis. The exponential exhaustion of natural resources, declining productivity, slow growth, rising unemployment, and steep inequality, forces us to rethink our economic models. Where do we go from here? Watch and listen as social and economic theorist Jeremy Rifkin lays out a road map to usher in a new economic system.
What Happens When Bitcoin Miners Take Over
Take a look inside the world of crypto mining. Find out what life is really like for a bitcoin miner. You’ll learn about the challenges, the risks, the rewards, and what impact these miners can have on local communities.
Is The Word ‘Blockchain’ Meaningless?
There are countless blockchain explainers across the web. Almost all of them are wrong because they start from a false premise. There is no universal definition of a blockchain, and there is widespread disagreement over which qualities are essential in order to call something a blockchain.
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