Even Super Bowl LIII isn’t Enough to Attract Massive Betting on Crypto Gambling Platform Augur

Super Bowl LIII happens today. One of the biggest sporting events of the year in the world, the game features the New England Patriots (for the 11th time) and the Los Angeles Rams, a franchise which recently moved to the City of Angels from St. Louis. CBS reports that early betting at first favored the …

White Hat Hacker Finds Major Vulnerability in Ethereum DApp Augur

A white hat hacker has discovered a major vulnerability in decentralized prediction market Augur, perhaps the most highly-touted decentralized application (dApp) built on the Ethereum network. The bug, disclosed through bug bounty platform HackerOne by security researcher Viacheslav Sniezhkov, would have allowed an attacker to inject fraudulent data into Augur’s user interface, potentially leading to …

Most Complex dApp on Ethereum Already Has Millions of Dollars at Stake

Augur, which its co-founder Joey Krug previously described as the most complex decentralized application (dApp) on the Ethereum blockchain, has surpassed a million dollars at stake and demonstrated a rapid growth rate over the past few weeks. Future of Decentralized Betting In essence, Augur is a decentralized betting platform that exists on the Ethereum network. …

Coinbase Additions, Enterprise Patents, and Massive Hacks: This Week in Crypto

Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this weeks edition of The Bitcoin Podcast by CCN on iTunes or wherever you get your podcasts. Price Watch: Bitcoin fell nearly 8% this week after jumping above $6,800 early this week. The market …

Ethereum Goes to Phase 2, Following Launch of Most Complex Dapp

At the RISE conference held in Hong Kong, the largest technology conference in Asia attended by 15,000 attendees, Ethereum co-founder Joseph Lubin said that the Ethereum blockchain has entered phase two of its development, following the launch of the most complicated app on its protocol. Hundreds of Thousands of Transactions Regularly As CCN previously reported, …

Augur Platform Prepares for Main Network Deployment

Augur, a peer-to-peer prediction market platform, is all set to launch its main network on July 9th at 11:01 PST. Augur raised $5.5 million in 2015 by offering its token REP in a crowdsale. Augur was one of the earliest ICO’s on the Ethereum blockchain and has been under development since. Decentralized Prediction Markets The …