Bitstamp Was Acquired by South Korean Investors - Parity Builds First Independent ZCash Node - Oyster Pearl Exit Scam

Bitstamp Was Acquired by South Korean Investors

Bitstamp was acquired by investment firm NXMH, which is owned by South Korean media conglomerate NXC Corp, on 29.October.
Bitstamp is Europe’s oldest and most legally compliant crypto exchange and is around since 2011.
NXMH, who also owns the Korbit exchange, now has an 80 percent stake in Bitstamp.

Parity Builds First Independent ZCash Node

The startup "Parity Technologies", which is deeply involved in the development of Ethereum, is partnering with the non-profit Zcash Foundation to create the first Zcash node software that isn't built or managed by the Zerocoin Electric Coin Company. The nodes are involved in checks-and-balances to the overall system. This is a major milestone in the quest to further decentralize the ZCash ecosystem and was welcomed by ZCash's founder Zooko Wilcox.

Oyster Pearl Exit Scam

A Developer has called a function that allowed the creation of new PRL tokens, these tokens were immediately sold on an exchange.
This function can only be performed with the private key of the person who created the smart contract. 4 million Oyster Pearl (PRL) tokens for an equivalent value of almost 1 million dollars were created. Kucoin, which facilitates 80% of the trading of PRL, suspended trading shortly after.


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