Plot thickens

🍂 🍂 November 8, 2017 🍂 🍂 "This is the lesson that history teaches: repetition." – Gertrude Stein Got this from a friend? SUBSCRIBE HERE THE FEATURE Ethereum Security Lead: Hard Fork Required to Release Frozen Parity Funds It appears there won't be any easy solutions to yesterday's Parity breach. As has already reverberated far and wide, the ethereum wallet maker saw an exploit effectively freeze millions in funds. Now, we're learning a bit about what might be required, should there be an attempt to restore them to their owners. As explained by Ethereum Foundation head of security Martin Holst Swende, there are no current known solutions to resolve the issue, save for potentially a fork of the software. Effectively, this could mean that a DAO-type reversal could be considered by the community, though it remains to be seen what sentiment is for the decision, and what decision-making process would need to be pursued. (Swende backed away from the idea that he'd like to see the foundation play a role here.) Given the size and the severity of the exploit, however, it's safe to say discussion could prove fierce, and that any conclusion, may not be forthcoming. Read the whole story Tweet Share ⭐ COINDESK SPONSOR ⭐ BitClave is using blockchain to eliminate ad service middlemen and create a direct connection between businesses and customers. On the BitClave Active Search Ecosystem, customers control their identity, decide who has access to their data and are "paid" each time businesses "use" their data to make them offers. Learn more!   Wait, there's more: CoinDesk's Top 10 Token Traders and Analysts of 2017 Inspired by the notable influencers in the crypto space, CoinDesk has crunched the data to decide the Top 10 Analysts and Token Traders of 2017. Deloitte Report: Over 26,000 Blockchain Projects Began in 2016 More than 26,000 new projects related to blockchain were created on code repository GitHub last year, according to data collected by Deloitte. $7,500 and Rising: Bitcoin Price Looks Ready to Challenge Records Having refused to succumb to bearish technical pressures yesterday, the world's largest cryptocurrency moved back above $7,500 this morning. Ethereum Security Lead: Hard Fork Required to Release Frozen Parity Funds The security lead for the Ethereum Foundation has said a hard fork will be required to free up funds frozen in a hack yesterday. Secret Service Agent Gets Extra Jail Time Over Theft of Silk Road Bitcoin A former U.S. Secret Service agent has been given an additional prison term for laundering Silk Road bitcoin stolen from a U.S government wallet. 'Young' ICOs: Nasdaq Exec Says Exchange Still the Place to Raise Capital Nasdaq's vice chairman has said ICO's are still "very young" and that the stock exchange is still the best place for a company to raise funding. SIA Group, R3 Team Up for Blockchain Finance App Network Technology infrastructure provider SIA Group and DLT consortium R3 have teamed up in an effort to get banks and corporates using blockchain apps. European Central Bank Member: We Aren't Ignoring Cryptocurrency European Central Bank board member Benoît Cœuré says that the group is following bitcoin and other cryptocurrencies, but do not consider them threats. CBOE President: Bitcoin ETFs Will Follow Futures Products Derivatives provider CBOE is stepping up its praise for bitcoin ahead of an expected trading product launch. Bitcoin's Bogeyman Cometh: Why Segwit2x Is a 51% Attack Bitcoin startups must have the tech's best interests in mind? Entrepreneur Edan Yago argues that in the case of Segwit2x, this has proven untrue. The DAO Again? Fears, Forks and Finger-Pointing In Parity Exploit Aftermath Coin UPS Eyes Paperless Shift With Blockchain Consortium Entry Global shipping giant UPS has become the latest member of a blockchain consortium focused on the trucking and shipping industry. Mixed Mining Arts? UFC Website Removes Malicious Crypto Code It's the latest large site seen to be running up site visitors CPU to crank out cryptocurrency. Allianz Unveils Blockchain Prototype for Self-Insurance Products Global insurer Allianz has unveiled a new blockchain prototype focused on "captive" insurance policies. Go to CoinDesk  BTC: $7,781.14 +5.09%  ETH: $299.55 +1.74% @8:45 EST - More price details 👋 CoinDesk is Hiring 👋 Come join our great team here in New York City. Apply Today Copyright © 2017 CoinDesk, All rights reserved. You're receiving this email because you subscribed for updates on our website. Our mailing address is: CoinDesk 636 Avenue of the Americas New York City, NY 10011 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list