Private Equity Moris Beracha Wuani

By Marie Huillet      Data scientists at blockchain infrastructure firm Elementus have published details of recent transactions from crypto exchange CoinBene that they consider to be suspect, beginning with $105 million in crypto swiftly being moved out of the exchange’s hot wallet. The findings, reportedly based on data sourced using the Elementus Query Engine, were published  on March 27. Elementus also provides independently verifiable raw data that readers can download and compare against the Ethereum ( ETH ) blockchain. As previously reported, CoinBene was yesterday prompted to reassure users that a period of unforeseen maintenance was in fact not due to a hack, as some community members had suspected . In presenting its findings, Elementus emphatically states that it is not aiming “to refute what CoinBene is claiming.” It nonetheless presents several key observations based on its findings, arguing that the identified pattern of transf...

Imagen destacada por  florin  / stock.adobe.com By Aaron Wood Wrapped Bitcoin (WBTC), an Ethereum ( ETH )-based token backed by Bitcoin ( BTC ), has launched today, Jan. 31, according to a press release on the network’s website . The currency is a joint initiative by blockchain security firm BitGo , Kyber Network liquidity protocol and others. BitGo announced the development of the coin backed 1:1 with Bitcoin in October 2018. A statement by the firm then said that Wrapped Bitcoin will provide users with a “wide variety of new decentralized use cases including on decentralized exchanges ( DEXs ), as collateral for stablecoins or lending, for payments and flexible smart contracts within the Ethereum ecosystem.” WBTC is an ERC-20 token, which are tokens designed and used solely on the Ethereum platform that make the streamline the creation of new tokens. ERC-20 tokens provide a sort of template by which developers can build a new token, spari...