News 

US Attorney’s Office Indicts Two Suspects in EtherDelta Hack

The United States attorney’s office for the Northern District of California has indicted two suspects — Elliot Gunton and Anthony Tyler Nashatka — for hacking EtherDelta, a non-custodial marketplace for trading Ethereum (ETH) ERC-20 tokens, in December 2017. According to the documents originally filed on Aug. 13, Ganton and Nashatka changed the settings of EtherDelta’s domain name system to mislead users and collect their crypto addresses, private keys and to withdraw funds. A fake website The suspects managed to gain access to the settings using the phone number of one…

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Dow Jones Market News S&P 500 

Dow Futures Blow Past 27,000 as China Touts “Constructive” Trade Talks With U.S.

Futures on the Dow and broader U.S. stock market rose sharply ahead of Monday’s open, as investors rallied behind apparent progress in trade talks between America and China. Dow Futures Rally; S&P 500 Follows Futures on all three major U.S. indexes rose in after-hours trading. Dow Jones Industrial Average (DJIA) futures gained as much 151 points, or 0.5%, to reach 27,045.00. Dow Jones futures cross 27,000 in early Asian trading. | Chart: Bloomberg Markets S&P 500 futures contracts climbed 0.4% to 3,000.75. The Nasdaq 100 futures contract rose 0.5% to 7,867.25.…

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News 

Oil and Gas Giant Pilots New Blockchain Platform From Modex

Blockchain startup Modex announced the launch of its blockchain-based database platform for simplified blockchain deployment, which will be piloted by Dietsmann, a major oil and gas firm. Simplifying blockchain adoption  On Sept. 19, Modex announced the release of its latest product, the Modex Blockchain Database platform (Modex BCDB) which simplifies the way companies can deploy blockchain technology projects. According to the announcement, Modex BCDB enables companies to start blockchain projects in just a few hours, instead of days or even months. Mihai Ivascu, CEO and founder of Modex said: “With…

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News 

Facebook Buys Chatbot Startup Servicefriend to Integrate Into Calibra

Facebook has acquired the artificial intelligence-based chat-bot startup Servicefriend for customer service for Calibra, the digital wallet for Facebook’s planned Libra cryptocurrency. AI chatbots for Calibra’s customer service A Sept. 19 article by Israeli business newspaper the Marker reported that Facebook has acquired startup Servicefriends in order to build a messaging bot for customer service for Calibra. Announcing Libra and Calibra, Facebook said that it wanted to reach unbanked consumers and give them access to financial services and to make Calibra available through a specially created app and via its…

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Business News james bullard S&P 500 stock market 

Key Economic Indicators Due This Week a Gauge of Consumer Strength

The stock market is on the brink of setting new records and the consumer, which has been propping up the U.S. economy, has the power to make or break that momentum. A couple of key economic indicators that are set to be released this week happen to be a gauge on the strength of the consumer. The results should provide some clarity as to whether the economy and corporate America will continue to grow, data that the stock market and Fed officials are no doubt watching closely. Despite the stock…

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News 

Discovering Bitcoin Part 7: The Missing Pieces

This is the seventh and final installment of bitcoiner Giacomo Zucco’s series “Discovering Bitcoin: A Brief Overview From Cavemen to the Lightning Network.” Read the Introduction to his series, Discovering Bitcoin Part 1: About Time, Discovering Bitcoin Part 2: About People, Discovering Bitcoin Part 3: Introducing Money, Discovering Bitcoin Part 4: A Wrong Turn (New Plan Needed)!, Discovering Bitcoin Part 5: Digital Scarcity and Discovering Bitcoin Part 6: Digital Contracts. As we conclude our “Discovering Bitcoin” series, we will build on the use of digital signatures and of the CoinJoin…

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