#Dash CEO Hacked, #KodakCoin ICO Announced, Winklevoss Twins Secure ETP Patent and Billionaire Michael Novogratz Teams with Bloomberg LP for New Crypto Index


Crypto Corner - May 10, 2018

Dash CEO Hacked, KodakCoin ICO Announced, Winklevoss Twins Secure ETP Patent and Billionaire Michael Novogratz Teams with Bloomberg LP for New Crypto Index

Dash Core CEO Ryan Taylor's social media accounts, including Twitter and LinkedIn, were hacked yesterday. Taylor confirmed in a statement:

"It has come to my attention that I have been the target of cybercriminals at sometime this afternoon (Wednesday, 5/9). At the moment, my Twitter account, LinkedIn account, and personal cell phone SIM card have been compromised. However, we're still evaluating the extent of the attack, as additional channels could be compromised. I will continue to share details as they are surfaced."

While out of his control, Taylor's Twitter account was used to share misinformation about Dash as well as racist comments. Since then, Taylor confirmed in a Tweet and through the Dash Twitter page that he had regained control of his accounts.

"My Twitter account was obviously compromised today. The account is now back under my control and will verify that through the @dashpay account."

KODAKOne, an image rights management and protection platform, has announced its KodakCoin initial coin offering (ICO) for later this month. As reported on CoinDesk:

"The offering, which is limited to accredited investors, will start on May 21 and seek to raise up to $50 million, WENN Digital announced on Thursday. Kodak licensed its brand to the firm for the project, which involves a digital rights management platform that has its own built-in cryptocurrency."

Cameron and Tyler Winklevoss have secured a patent that allows the settling of exchange-traded products (ETPs) through cryptocurrencies like Ripple (XRP), Litecoin (LTC), Ether (ETH) and more.

Bloomberg LP and Michael Novogratz, founder of Galaxy Digital Capital Management LP, announced yesterday the Bloomberg Galaxy Crypto Index (BGCI). Bloomberg reports:

"The index is designed to track the performance of the largest, most liquid portion of the cryptocurrency market. The BGCI is market capitalization-weighted and measures the performance of ten USD-traded cryptocurrencies, including Bitcoin, Ethereum, Monero, Ripple, and Zcash. The index constituents are diversified across different categories of digital assets, including stores of value, mediums of exchange, smart contract protocols, and privacy assets."

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