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CoinDesk Podcast Network

The Cypherpunk’s Elixxir

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 20 September 2018

⏱️ 14 minutes

🧾️ Download transcript

Summary

Cryptocurrency exchanges react furiously to a new report from the New York Attorney General’s office.

-AND-

Another Japanese exchange loses millions of dollars to hackers.

-ALSO-

Cypherpunk veteran David Chaum has a new coin: Elixxir.

-DON’T MISS-


CoinDesk research analyst Peter Ryan joins host Marc Hochstein to discuss the latest statistics on blockchain venture capital and ICOs.


Recorded September 20, 2018 in New York, NY.


Thanks to our sponsors!

Said Business School, University of Oxford

Oxford Fintech Programme

Oxford Blockchain Strategy Programme


Late Confirmation is a CoinDesk production made in collaboration with The Podglomerate.

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Transcript

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0:00.0

Another Japanese exchange loses millions of dollars in an attack.

0:05.6

Good evening. I'm Mark Hoxstein, and this is late confirmation from CoinDesk, bringing you the top

0:12.1

stories from September 20th, 2018. On today's show, a cypherpunk veteran presents a new coin.

0:25.6

David Chowm returns with elixir. Crypto exchanges react furiously to the new report by the New York Attorney General's office. At the end of the show,

0:31.1

we'll have Coin Desk research analyst Peter Ryan on to talk about the latest statistics on the ICO market.

0:39.3

But first, a word from our sponsor. Master financial technology online with the 10-week Oxford FinTech program. Interacting

0:47.0

with an international cohort of business leaders and over 60 guest experts. You'll gain a practical

0:53.0

introduction to key financial technologies and

0:55.8

their business applications. Find out more at Oxfordexecfintech.com.

1:02.0

Yet another Japan-based cryptocurrency exchange has been hacked. The license exchange, Zaf, operated

1:09.2

by Tech Bureau, announced today that the staff noticed

1:12.7

an unusual outflow of funds on September 14th, and then suspended deposits and withdrawals.

1:19.6

It turned out that hackers had gained access to the exchange's hot wallets and stolen roughly

1:25.3

$60 million of Bitcoin, Bitcoin cash, and monocoon.

1:30.8

The exchange is going to close the hole with its own reserve as big as $20 million

1:34.9

and attract a $44.5 million investment from a Japan-listed firm Fisco.

1:42.2

Tech Bureau said it had filed the incident as a criminal case to local

1:45.9

authorities. This was the second hack in Japan this year, after Coincheck reported that a

1:52.1

$520 million in NEM tokens were stolen by hackers in January. After that, the Financial Services

2:00.1

Agency in Japan launched a series of inspections

2:02.6

of crypto exchanges regarding their security measures. One of the founders of the Cypherpunk

2:09.8

movement and digital money pioneer David Chauam is launching a new cryptocurrency known as

...

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