Purchase Gold quickly and efficiently.99.99% Gold from LBMA approved Refiners.0% Fractional Reserves.Every asset represents a unique bullion bar sitting in designated custodial vaults.The provenance of the Gold is traceable, immutable and exists indefinitely.Every DGX = 1 Gram of gold.You can own, save and transact Gold in tokenised form - keeping secure private ownership of your digital assets.Digix has developed a system of proving asset existence and ownership on the distributed ledger.Every step of the way, records of proof are published permanently using Ethereum and IPFS.Purchase bullion from LBMA refineries with accompanying Assay Certificates from refiners ranging from Valcambi, PAMP Suisse, Nadir BullionAn established auditor, Inspectorate Bureau Veritas, provides quarterly audits of every single Gold asset in our Safe House vaults.Established since 1828, they are a world leader in Testing, Inspection and Certification Services.Digix enables customers to take delivery of DGX at our partnering custodial vault.Gold has proven long-term stability; Digix can protect you from the inherent price volatility of real world and digital assets.Never before has allocated bullion been issued right from the point of digital purchase.

At Digix, we prioritise our clients’ ownership more than anything else.Securing bullion makes it more difficult to trade and use.Digix provides the means to liquidate your metal and use it in everyday life with the same level of physical security.Ethereum-based DigixGlobal and Monolith partner to offer gold token debit cardsDigital Gold 'Done Right' With DigixDAO Crypto-Trading On OpenLedgerDigix DAO Reaches Funding Target In Under 12 HoursGiving users easy access to many different kinds of digital assets on the blockchain, and particularly tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix's initiative in being the first of many such projects to successfully launch.I created a secret phrase that I can write down anywhere and then that can be a real gold storage!Thinking about that makes everything seem awesome!Digix appears to be on track to provide the most comprehensive and customer-oriented digital asset platform around.

Initially, they will be offering gold-backed tokens using a powerful Proof Of Asset Certificate.Digix's robust Proof of Asset protocol securitises your asset against unallocated bullion concern.This enables a range of previously impossible value propositions.Provide your email address to sign up the the newsletter and receive an invite to our public chatroom.Intel Core X AMD EPYC Ethereum Core i9-7900X Cryptocurrency Vega home News Cryptocurrency Valuations Hit All-Time High Surpassing $100 Billion, Ethereum And Bitcoin Lead Charge Your stash of Bitcoin may right now be worth a lot more than a pretty penny, at least currently.The total market cap for cryptocurrency just hit an all-time high north of $100 billion USD.Bitcoin, Ethereum, and Ripple have lead the charge over the last two months and there seems to be no sign of them slowing down any time soon.Since April 1st the combined market cap of cryptocurrency has increased 300 percent from $25 billion to $100 billion.

Bitcoin has witnessed an 160 percent upshot while Ethereum’s value has increased by 439 percent.There have been a few dips in value over the last few weeks, but they have all been short-lived.Bitcoin values went from $2,700 to $2,000, but then pulled up to an all-time high of $2,850.It is quite difficult to “value” cryptocurrencies and determine whether their current prices are worth it.Cryptocurrencies are not based on public companies and therefore do not necessarily share their earnings and expenses.bitcoin brute forceThere is also disagreement over how to value them.ethereum value gbpSome people regard cryptocurrencies as legitimate, genuine currency, while others remain skeptical of their worth.bitcoin nasil kullanilirWhy are cryptocurrencies suddenly worth so much money?

Ripple is based on inter-bank settlements and recently signed up with over one hundred banks worldwide.Ethereum has gained quite a bit of popularity because it is able to be scripted for smart contracts that protect all parties.This ability also allows it to build new tokens and host initial coin offerings (ICOs), essentially to help crowd-fund the currency.Many people are excited about the possibilities that relatively new cryptocurrencies like Ripple an Ethereum can provide.Bitcoin also has retained quite a following since its introduction in 2009.Are cryptocurrencies experiencing a bubble or a renaissance?Only time will tell, though it is concerning and perhaps even suspicious whenever the value of an asset (like Ethereum) increases by over 400 percent in only two months.Cryptocurrencies have become more secure, however, so their popularity and value may be here to stay.This goes without saying, but as usual, use your own discretion if/when making investments.blog comments powered by

Imagine a $50 million diamond heist that isn't investigated by any police body, and more than four days later, the broken vault that made the whole thing possible remains unfixed and suffers follow-on attacks by a group of marauding copycats.In essence, that's what's happening to an elite group of investors holding Bitcoin rival Ethereum, and the events threaten the very survival of the fledgling cryptocurrency.The ransacked jeweler in this parable is The DAO, a crowdfunded investment fund that relies on highly specialized computer code and Ethereum to automatically execute investment decisions made by its members.On Friday, thieves exploited a software bug that allowed them to transfer more than 3.6 million "ether"—the base unit of the Ethereum currency—out of The DAO's coffers.The digital loot made up more than a third of The DAO's 11.5 million ether endowment.The seized booty is valued at anywhere from $45 million (based on the plummeting value of ether following the attack) to as high as $77 million (based on pre-attack exchange rates).

In the days following the theft, there have been at least a half-dozen copycat attacks (for instance, as documented here and here) that combined have purloined more than 785 ether.While the smaller attacks don't pose the same devastating blow, they underscore a problem that's vexingly hard to fix.As long as the flaw remains active, The DAO and the Ethereum currency are at risk of additional attacks that could further sink its viability.(Note: as this story was close to going live, there were indications that at least some of the follow-on attacks were being carried out by whitehat hackers who in essence are attempting to save Ethereum from itself.)The bug resides in software functions individual investors use when cashing out of the fund.The attackers on Friday figured out that when a function called splitDAO() was called, it could be invoked again and again before setting an existing user's balance to zero.Exploiting the flaw allowed attackers to repeat the process 30 times, effectively allowing an account with 50 shares to balloon to 1,500 shares.

The attackers exploited a second bug that let them to repeat the attack over and over.As Martin Koeppelmann, an entrepreneur and developer of an Ethereum-based startup called Consensus Systems, explained here: The attacker managed to combine 2 exploits.The first exploit was to call the split DAO function recursively.That means the first regular call would trigger a second (irregular) call of the function and the second call would trigger another call and so on.The following calls are done in a state before the balance of the attacker is set back to 0.This allowed the attacker to split 20 times (have to look up the exact number) per transaction.He could not do more—otherwise the transactions would have gotten too big and eventually would have reached the block limit.This attack would already have been painful.However—what made it really painful is that the attacked managed to replicate this attack from the same two addresses with the same tokens over and over again (roughly 250 times from 2 addresses each).

So the attacker found a second exploit that allowed to split without destroying the tokens in the main DAO.They managed to transfer the tokens away before they get sent to address 0x0 and only after this they are sent back) The combination of both attacks multiplied the effect.Attack one on its [own] would have been very capital intensive (you need to bring up 1/20 of the stolen amount upfront)—the attack two would have taken a long time.The hacks pose an existential threat not only to The DAO but to the entire Ethereum currency.To avert the crisis, Ethereum officials have proposed rolling back the blockchain in a way that would invalidate the stolen ether.Such a "soft fork" of the Ethereum protocol would have to be approved by 51 percent of Ethereum miners in the form of a software update they would install on their servers.Ethereum founder Vitalik Buterin has said he supports such a plan, but in the same statement, he also recognized it would have to be supported by a majority of the miners, meaning it's out of his hands.

The proposal has set off howls of dissent among some Ethereum proponents.They point out that Ethereum was designed to work with its own dedicated programming languages that allow it to work seamlessly with "smart contracts."Such software-driven contracts allow for the automatic payment of funds when a set of detailed conditions are met.Fork opponents say the entire appeal of Ethereum is its decentralized nature that by design is supposed to be immune to control by banks, governments, or other powerful groups."If you have a mechanism for generic blacklists, you will see 'blacklist subpoenas' very soon," Bitcoin observer Andreas Antonoopolous wrote on Twitter."It's a power that will be abused."Security researcher Rob Graham put it this way in a blog post published over the weekend: "I'm a crypto-anarchist.The entire point of cryptocurrencies [is] to get around corrupt humans.And that's what trying to repair this problem is—corruption."He went on to compare a rescue of The DAO to the taxpayer bailouts in 2008 of Wall Street financial institutions on the basis that they were considered too big to fail.

Koeppelmann, the Ethereum-based developer, said the attacker had the ability to deplete The DAO's entire fund but stopped around the same time Ethereum officials went public with the theft.The attacker appears to have stopped by choice and not because of any technical consideration in the hack."We can assume that the hacker stopped for strategic reasons to make a community decision for a fork less likely," Koeppelmann wrote."However—the attacke[r] voted in other fork proposals as well—for more details have a look here."So far, there's no indication of how many miners support the proposal to soft fork the Ethereum protocol.Whichever path they choose, it seems likely that the crypto currency has suffered a critical blow.If the rollback goes through, it will be hard for Ethereum proponents to argue that the currency is as decentralized or inviolable to self-interested meddling as was once claimed.And if the fork doesn't happen, it's anyone's guess how well a currency still in its infancy will fare when one of its biggest hoards was amassed in such an unethical and unseemly way.