“Polish Crypto Exchange Shuts Down”
A cryptocurrency exchange in Poland called Coinroom abruptly ended operations on the 2nd of April, 2019. At the time of the shut down, the estimated sum of $15,000 in customer funds was lost. The website is still down as at this time and users and the general public have no way of getting in touch with the founders. The exit scam was first discovered by a Polish news website Money.pl on the 31st of May.
“Crypto Startup That Allows Employers To Pay Salaries in Ether”
Bitwage, a startup that helps companies pay their employees in cryptocurrency, has added ether as a payroll option. Announced Monday, companies that want to offer tax and HR-compliant ether benefits can sign up to offer it as a benefit to employees. The company has been providing direct deposits of bitcoin since 2014, and serves over 30,000 workers. Employees, freelancers and independent contractors can receive from their clients or employers any percentage of their fiat obligations due to them in crypto.
“Zilliqa Launches Smart Contracts”
Blockchain platform Zilliqa has announced the launch of smart contracts on its platform, President and chief scientific officer Amrit Kumar told TokenPost in an email. The launch will enable developers to write and deploy smart contracts on the Zilliqa blockchain with its functional smart contract language, Scilla. He further listed the core features of Zilliqa smart contracts. This includes amenability to formal verification. Kumar explained that Scilla has been designed to achieve both expressivity and tractability simultaneously while enabling formal reasoning about contract behavior.
“XRP Ledger Wallets Hacked”
Another day, another cryptocurrency heist. Hackers have breached over 100 Ripple (XRP) Ledger wallets managed by service provider GateHub. If that wasn’t bad enough, additional reports suggest the attackers have siphoned off more than $10 million worth of XRP. GateHub say it’s in the process of reviewing the suspicious activity, but no official conclusions have been posted at the time of writing.