Archive | ERC20

What Are IDEX Gems?

Even during extended downtrends – such as much of 2018 – savvy traders continue to utilize unique methods to make profits. If you’ve spent much time on Twitter and other mediums where traders often communicate, you’ve probably heard about IDEX gems.  The term “IDEX gem” refers to a cryptocurrency that is primarily traded on IDEX […]

A Single Incorrect Character Cripples ICON Blockchain, Bug Fix Implemented

Despite positive news regarding popular South Korean based cryptocurrency, Icon, a smart contract bug has temporarily crippled the transfer of the ICX ERC-20 token. != Or ==, Which One Is Correct? It was recently revealed that a flaw in ICX’s smart contract allowed for users to disable the transfer of all ICX ERC-20 tokens. Once… […]

Decentralized Exchange Ethex Only Lists “Useful” ERC20 Tokens

There is a growing demand for cryptocurrency and token trading platforms. Especially if there is a hint of decentralization, there will be a fair amount of interest in new solutions. Ethex is designed to trade only “useful” tokens while still maintaining the decentralized exchange model first and foremost. Ethex in a Nutshell Although one should […]

Coinbase UK CEO: Crypto is a ‘Global Revolution’

Coinbase U.K. CEO Zeeshan Feroz said that the announcement of Ethereum Classic was more successful than Bitcoin Cash at the CryptoCompare MJAC 2018 conference today. He also spoke on the use of mobile payment networks to bring financial services to the unbanked, criticized the current financial payments system, and gave a roadmap to achieve widespread… […]

What Is 0xBitcoin Cryptocurrency?

There are numerous versions of Bitcoin in the cryptocurrency world today. Most of them are ultimately irrelevant, although there is one exception in the form of Bitcoin Cash. Whether or not 0xBitcoin will make a meaningful impact in this regard remains to be seen. It is designed to be the first mineable ERC20 token, although […]

Loopring Set to Launch iOS App for Decentralized In-Wallet Trading

Loopring will release an iOS version of their Loopr wallet on July 7, enabling users to trade using the Loopring Protocol. iPhone users will be able to make decentralized trades of ERC20 tokens within the Ethereum-based app. Move to Decentralized Exchanges Centralized exchanges have been the target for DDoS attacks and cyber thefts in recent… […] – The Next Generation Decentralized Exchange

Insolvency concerns, security breaches, poor customer support, and an overall distrust towards centralized exchanges has spawned a growing push for a shift towards decentralized alternatives. Even so, decentralized exchanges, as they currently stand, are still far from perfect. However, the up-and-coming shows potential to set new standards for the industry of decentralized exchanges. Disclosure: […]

Ethereum Founder Responds to Charges of “Insane”, “Plutocratic” Governance

Vitalik Buterin, Ethereum’s cofounder, is increasingly finding himself target of very public rumors about his role in the project’s supposed love of secrecy. Charges of lacking transparency are equivalent to mortal sins in the cryptocurrency space. Ethereum too is particularly sensitive about accusations along these lines, especially in the ongoing light of a possible US […]

What Is DDEX?

Decentralized exchanges will shape the future of cryptocurrency. Although centralized trading platforms are still very popular, they also pose major risks. DDEX is a decentralized solution which currently mainly focuses on Ethereum-based tokens. There’s some good competition in this particular space, and giving users more options is never a bad thing. DDEX is an Interesting […]

Waves Releases Smart Contracts on Testnet, Blockchain Devs Can Build Powerful Apps

Waves, a decentralized blockchain platform, has released non-turing smart contracts on its testnet on April 26, which are expected to be activated on May 4. Smart Contracts Release According to Waves CEO and founder Alexander Ivanov, the smart contracts of Waves will enable blockchain developers to build scalable decentralized applications with powerful functionalities and tools…. […]

Binance ERC20 Token Audit Confirms They are Safe to Trade

It has been an interesting week for all ERC20 tokens. Despite their popularity, a fair few tokens were vulnerable to a recently documented exploit. As such, the Binance exchange took matters into its own hands. By partnering with Quantstamp, a thorough audit of the platform’s listings was conducted. No issues were found, albeit other exchanges… […]

ProxyOverflow Exploit Affecting ERC20 Tokens Highlights Need for Smart Contract Auditing

There is a lot of speculation regarding an exploit abused by some ERC20 token creators. Various assets have had their total supplies artificially inflated due to a proxyOverflow bug in the original ERC20 creation smart contract for those tokens. This has caused a fair amount of problems already, and it only further highlights the immaturity […]