Industry Report: $150 Million in Cryptocurrency Is Destroyed
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Industry Report: $150 Million in Cryptocurrency Is Destroyed

THELOGICALINDIAN - Reddit users get a glimpse into the lives of aphotic net vendors Ethereum nodes appear abolition bottomward and Synereo destroys about 150 actor in cryptocurrency Want to bolt up on your latest tech and agenda bill account Read the belief below

Also read: Industry Report: Apple Eases Up On Crypto

DARK NET VENDORS

A Reddit user announcement questions about the circadian lives of aphotic net vendors has gotten some absorbing answers. One commenter, nicknamed “Vendurr” claims to accomplish anywhere from $200-300K per year. He about gets up whenever he desires, logs on, and checks the orders for the day.

Another bell-ringer states he makes $150K a year, and the job gives him chargeless time to accompany assignment as a musician.

Despite the earnings, both say they’re clumsy to absorb on beyond items (i.e. houses, cars, etc.) Doing so is a answerable way to get caught, and their active locations abide a secret. Both are additionally awful accurate back packaging products, and demography affliction of their customers’ needs. Vendurr explains:

ETHEREUM

Ethereum nodes are crashing, and potentially beneath attack. Those active the Geth applicant arise to be annihilative their memory, and a aegis active was acquaint to the company’s blog folio on September 18. Users are actuality asked to about-face to another audience until Geth is fixed.

Ethereum Cryptocurrency

The action is additionally circumstantial with Devcon 2 in Shanghai, China, a above Ethereum development conference. Many are apperception about the possibility of addition drudge attempt. Ether, already on the rise, has alone to an alike $12, and admiral are continuing to adviser the activity, acquisitive to acquisition any abundant clues.

SYNEREO DESTROYS $150 MILLION IN CRYPTOCURRENCY

Israeli blockchain startup Synereo has destroyed over $140 actor of its built-in cryptocurrency. In a move to abandon ascendancy over bisected its aboriginal holdings, over 730 actor AMPs accept been austere away.

Company CEO Dor Konforty states that it doesn’t accomplish faculty for Synereo to authority so abundant control, and went adjoin the actual attempt it stood for. The primary ambition is to actualize a proof-of-stake, decentralized blockchain for users to enjoy, and new AMPs will be broadcast analogously amidst new users.

Konforty explains:

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Image address of ethereum.org.