An academic project entitled Finding The Greedy, Prodigal, and Suicidal Contracts at Scale screened the vulnerabilities of Ethereum smart contracts at scale. They found a few--story below.
News
Millions of dollars in Ethereum are vulnerable to hackers right now
(Motherboard, by Jordan Pearson)
"Now, researchers say they’ve devised a new approach for finding vulnerabilities in smart contracts that would have exposed the flaw DevOps199 exploited before it was too late. Even more, the researchers say they’ve discovered an additional 34,200 vulnerable smart contracts. A sample of roughly 3,000 vulnerable contracts that the team verified could be exploited to steal roughly $6 million worth of ether, Ethereum’s in-house cryptocurrency, they said."
Robinhood Crypto trading is here
(Robinhood Blog)
"We are gradually rolling out access to Robinhood customers residing in California, Massachusetts, Missouri, Montana, and New Hampshire, and look forward to releasing crypto trading functionality in many more states later."
The next Petro? Iranian minister reveals cryptocurrency plans
(CoinDesk, by Annaliese Milano)
"It remains to be seen how the Iranian project would, if realized, operate. If executed under the auspices of the Central Bank of Iran, the project would represent the latest effort to create a state-backed digital currency by an institution of that kind."
"Yesterday, the Securities and Exchange Commission voted unanimously to approve a statement and interpretive guidance to assist public companies in preparing disclosures about cybersecurity risks and incidents."
Commentary
IOTA: the brave little toaster that couldn't
(Github, by Casey Rodarmor)
"In this article I attempt to summarize the numerous technical, social, and ethical problems surrounding the IOTA project, The IOTA Foundation, and the IOTA developers."
"However, a considerable distance must be traversed from declaring that government interventions are needed to deciding particulars for those interventions, much less intervening."
"These different goals—prediction and explanation—lead to very different modeling approaches. In many prediction tasks, causality plays no role. The emphasis is firmly on predictive accuracy. In other words, we do not care why a model makes good predictions; we just care that it does. As a result, models for prediction seldom need to be interpretable. "
What Campbell's Soup is tells us about the economy
(Bloomberg, by Connor Sen)
"Investors and economists dutifully track the monthly economic data, but there’s something to be said for seeing how actual companies are experiencing changes in prices and wages. Consumer-goods and food-service businesses are great candidates, because they’re among the most sensitive and they happen to be in the midst of reporting earnings."
Technical
Bitcoin developer Peter Wuille comments on Bulletproof vs. STARKs
Bulletproofs are more efficient than STARKs (but BP is not quantum resistant), but certainly not more efficient than SNARKs (but BP needs no trusted setup).
— Pieter Wuille (@pwuille) February 22, 2018
Cryptographer discusses the subtle challenges in crypto
Since I’ve been talking about other people’s crypto mistakes let me talk about my own. Tim Ruffing found two flaws in Zerocoin (not Zcash!). One is a protocol flaw that allows you to burn money — but only if you can intercept transactions eg at a miner.
— Matthew Green (@matthew_d_green) February 22, 2018
Service providers are taking advantage of the low fees to consolidate UTXOs
Service providers have been taking advantage of low fees to consolidate their UTXOs - the size of the UTXO set has decreased 13% this year while the BTC encumbered by SegWit addresses is on the rise, ready for more efficient spending in the future. pic.twitter.com/UHpMAeO4Db
— Jameson Lopp (@lopp) February 22, 2018
Tools & Tutorials
Decred Stat Aggregator Website tracking Decred network statistics.
Update
Bitcoin transaction fee has reached all-time-low.
We've reached a major milestone! 🙌 $BTC tx fees are now at an ALL TIME LOW. We are now seeing transactions below 1 sat / byte for the first time ever. You can send #bitcoin for ~0.1 cents ( ~100 satoshis ) per transaction. 👇🎉 👏#bitcoinisscaling #segwit pic.twitter.com/DZy7h5yYJK
— Armin van Bitcoin ⚡ (@ArminVanBitcoin) February 22, 2018
Sia announces SiaFund token sale. Sia Blog
Zcash trading is live on Coinome. Coincrunch
Cardano publishes IOHK'w Weekly Report. Update includes the new Daedalus log submission, which improves wallet functionality by allowing users to send bug reports directly from Daedalus to the suppport team. Cardanohub
Monero publishes Ledger Hardware Wallet integration update. Twitter
Decred privacy primitives are done and integration has started, according to Decred System Lead. Twitter
Particl announces plan to integrate Bulletproof into their CT and RingCT protocols. Twitter
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