User Information Exposed by Ethereum Name Service – March 2

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $8,753

Bitcoin has seen some choppy price action over the weekend, observing wicks into liquidity from both bounds of the short-term trading range.

Top-20 altcoins have stabilized, as Ethereum gained 1%, XRP remained stationary, and Bitcoin Cash gained 2% over the last 24 hours. Bitcoin SV and Ethereum Classic led the way, each gaining almost 6%.

Top Stories for March 2, 2020 πŸ”₯

πŸ‘‰ User Information Exposed by Ethereum Name Service

An investigation into users of the Ethereum Name Service (ENS) has exposed an unsettling amount of personal details linked to ENS addresses.

By observing links between ENS names and the addresses which registered them, the investigators were able to uncover the identity, balances, and business deals of prominent figures.

The ENS is designed to make transactions with cryptocurrency easier, akin to using an email address – rather than the random string of numbers and letters seen with public keys.

πŸ‘‰ Australian Judge Rules Cryptocurrency a Legitimate Investment Vehicle

An Australian judge has allowed the use of cryptocurrency as collateral for a defamation case, which required US$13,000 guarded by the court.

The acceptance of the currency as a legitimate investment vehicle was viewed as a huge leap forward in mainstream recognition of the asset class.

The sum would be used to cover the defendants legal fees, in the event that they should lose the case.

πŸ‘‰ Richest Man in Russia to Launch Central Bank-Vetted Crypto

The richest man in Russia, Vladamir Potanin, has received approval from Russia’s Central Bank to launch his own digital currency.

The currency is designed to streamline the payment system, and will allow the bearer to purchase goods such as metals, plane tickets, and goods sold by Potanin’s own businesses.

The platform is expected to go live by the end of 2020.