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π Hacker returns all $25M of hacked cryptocurrency π€
π Hacker returns all $25M of hacked cryptocurrency π€
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| | | All $25M in Stolen Funds returned to dForce
dForce, who lost $25 million in the recent hack has gotten back almost all of it's stolen funds.
According to TheBlock, the hacker was pressured to return the fund as his personal data was surrendered to the Singaporean police.
The CEO of 1inch.exchange explained that they had delivered the IP addresses and sensitive meta information to the police.
Editor: On one hand, that's good news! On the other, a strong reminder that your moves in the internet are tracked. Be nice.
| | Binance Issues ONT-Backed Token For DEX Trading
Binance issued a new token backed by Ontology (ONT).
The new token is called ONT-33D, where each token is backed by each ONT coin. The tokens are issued on Binance's blockchain.
As ONT operates on its own blockchain, it will need the issuance of ONT-33D to be traded on Binance's decentralized exchange.
The issuance will open up more features for ONT and it's holders such as node staking and participate in governance.
| | Filecoin's mainnet launch delayed - yet again
The team behind decentralized storage network Filecoin has again postponed its mainnet launch, looking ahead to a new window between July 20 to August 21.
The delay is due to the need for additional changes revealed by project's internal protocol security audit.
The updates can be seen on Filecoin's project roadmap chart.
| | Directed Acyclic Graph (DAG)
Directed acyclic graphs refers to a data structure that is built in one single direction, yet branches out and never repeats.
Directed = Connections between two points (nodes) have directions such that A -> B is not the same as B -> A. Acyclic = Opposite of cyclic where you'll end up where you started from after some time. In an acyclic system, you'll never encounter the same point (node) twice. Graphs = A structure consisting of points (nodes) that are connected.
Compared to a regular blockchain data structure which operates in one straight chain, DAG based systems have more breadth as the network is similar to a expanding tree rather than a straight chain.
| | | π₯ This is our Most Comprehensive Report yet π
We've just released our Q1 2020 Crypto Report, with insights spanning crypto spot, derivatives, traditional markets & more!
All in all a painful quarter for crypto but do you know that it did well compared to other markets?
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