When setting up an Ethereum wallet, you should be confident that it offers the best security. That’s the most critical factor to consider for all cases of funds storage, whether it is a bank or a wallet. A good Ethereum wallet should…
One fact about cryptocurrencies that you should understand is that their value tends to change within a short period of time, even within a second or few minutes, so it is a bit risky to buy Ethereum when the rate keeps fluctuating all the time. The value of Ethereum, just like currency, continuously changes at any given point in time.
Ethereum is a cryptocurrency that utilizes the functionality of blockchain technology and smart contracts. Ethereum is a decentralized platform that can be used to codify, secure, and trade almost anything.
The type of transactions that take place on Ethereum is immutable and final. All valid transactions are stored by many interconnected computers with different physical locations. The blockchain technology has no possibility of shutting down or central point of failure. Ethereum happens to be the next famous cryptocurrency after Bitcoin.
Axiom Zen, a Canadian IT company, released Cryptokitties, a hilarious viral game based on the Ethereum blockchain. Users can buy and sell kittens, raise, crossbreed and reproduce them. For less than a week since the launch, the game has reached $3 000 000 and caused transaction backlog. Why? Everyone loves kitties!
As a follow up to our recent post about Widget, we keep guiding you through Changelly’s Affiliate Program that gives you forever lasting 50% revenue share. Now let’s take a look at our referral link that you can place anywhere. Unlike the widget that should be placed on your website, the referral link has no restrictions. It can be placed on your own project web page as well as on external platforms like forums or social media.
Ethereum is officially hardforked. The new fifth mandatory update of Ethereum has locked in at 05.22 UTC. The update represents Ethereum Improvement Protocols (EIP), a set of improvements for the entire platform. This is the first part of the large upgrade under name Metropolis that aims to transform the overall outlook of the Ethereum ecosystem as a whole. Let’s take a closer look at this.
Changelly works rather simple. You create a transaction and enter the wallet address generated by your wallet application to which we send your exchanged money. To buy Ethereum, Bitcoin, Litecoin or other crypto on Changelly , you should have an appropriate wallet. In this article, we are going to guide you through big variety of cryptocurrency wallets, so that you will know what to choose.
Yesterday Parity, an Ethereum client, reported that 153 000 ethers worth $30 million were stolen due to the critical vulnerability of their multi signature wallet. The funds stolen potentially belong to ICO projects based on Ethereum, including Edgeless Casino, Swarm City, and æternity.
Being an anonymous exchange providing fully automated instant transactions, Changelly likely was up against the fraud and became the point the stolen money has been exchanged through. Supposed hackers might have used coinmixed and partially transferred the amount through Changelly.
Luckily, the Ethereum blockchain is transparent, so we have easily figured out and blacklisted the compromised wallet addresses. However, in order to completely protect funds from theft, there is a need for more measures to be taken.
Changelly is always ready to collaborate with wallets, exchanges and notable owners to improve security and data defense. Currently we’re in touch with the investigation team of Parity, Etherscan, MyEtherWallet and others.
There is no denying that Ethereum is one of the most popular altcoins ever released. There are thousands of ETH transactions making with Changelly every day.
Caring about users, that’s important to provide stability and security. This is the reason why we’ve migrated to a new Ethereum client based on Parity which is invulnerable to DDoS attacks and supports smart contracts.