It turned out that the recent Bitcoin bug was potentially the worst ever. Also, the SEC still thinks about Bitcoin ETF approval, smart contracts on IOTA, new developments by Brave — all in this weekend news!
- The bug found in Bitcoin Core client was even worse than everyone thought. As it came out, in addition to the possibility to crash all nodes, anyone could have mined an infinite amount of Bitcoins, devaluating the biggest cryptocurrency.
- After the recent discovery of the critical bug in Bitcoin client, other crypto projects began to worry about their own security. Coinbase, EOS, Stellar and Augur paid big bounties to white-hat hackers for finding bugs on their platform. Combined, they paid over $100,000 during the last week.
- The SEC is asking for further comments on Bitcoin ETF approval. Since they started gathering feedback on the rule change, they received more than 1,400 letters with comments from interested persons.
- Jackson Palmer, Dogecoin founder, wrote a script to get rid of giveaway scams, by Elon Musk’s request. The script blocks all users, replying to a tweet, that have exactly the same picture, as the author of this tweet. Twitter can’t solve this problem for a very long time, Jackson developed the script in less than a day.
- Brave browser began trial testing its advertising system. A special browser build will collect data of users, participating in the test, for 28 days, to fine-tune the system. The regular build doesn’t collect such data, so developers can’t test it on real users to figure out whether the system works correctly or not.
- Brave Browser partners with Civic to implement a KYC verification for its publishers. Using Civic's technologies, all publishers, verified on Brave, will be able to receive BAT tokens from users.
- A German student built the first smart contract on IOTA ever. He tried to recreate the features of the Lightning Network's micropayment channels by developing a 4th layer solution, and it was successfully done, showing that smart contracts on IOTA are possible.
- A show called 'Bitcoin Girl 21 Days of Survival Challenge' runs on iQiyi, the Chinese version of Netflix. In the show, a girl tries to live in Beijing for 21 days having only 0.21 BTC in her wallet, which is hard, given that crypto is banned in China.
- A popular token liquidity provider Bancor will soon launch a version of its app on EOS. The app, called BancorX, will support 10 EOS tokens initially.