Breaking: SEC Charges EtherDelta Founder with Operating Unregistered Exchange

The US Securities and Exchange Commission (SEC) has charged the founder of decentralized Ethereum exchange (DEX) EtherDelta with operating an unregistered exchange. As a DEX, the crypto trading platform allowed users to trustlessly trade Ethereum-based tokens without registering accounts or entrusting their funds to an exchange-controlled wallet. Trading was managed by a smart contract, though The post Breaking: SEC Charges EtherDelta Founder with Operating Unregistered Exchange appeared first on CCN

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The EtherDelta Hack Hurts, but It Could Have Been Worse

The post The EtherDelta Hack Hurts, but It Could Have Been Worse appeared first on CCN If you haven’t heard the news yet, EtherDelta was subject to a phishing attack on its DNS server yesterday.  A hacker compromised the EtherDelta website, supplanting it with a copycat version of the popular Ethereum exchange.  When the dust settled, the culprit stole away with 305 ETH, valued at over $244,000, and bag-full of ERC20 The post The EtherDelta Hack Hurts, but It Could Have Been Worse appeared first on CCN

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