The estimated reading time for this post is 27 seconds

Blockchain-based prediction market Augur is reeling from revelations that a bad actor has taken advantage of platform loopholes to create scam markets and profitably game the system. On March 20, a Reddit user published a post detailing the ways in which a bad actor was taking advantage of the Augur platform to unfairly benefit. According to the post the scammer would create markets which seemed satisfactory at first glance but would purposefully include small discrepancies and ambiguity in the wording describing the market. Read all of the details on Brave New Coin

Karen Holleran

Karen Holleran

Karen Holleran Editor @aikarensf Karen is a proud third generation San Franciscan, and has worked in various positions including developer relations, winemaking, freelance writing, and as a teaching assistant for autistic children. She is passionate about disruptive tech, artificial intelligence, cryptocurrencies, and blockchain technology. She is excited at how these technologies can improve the quality of life for people globally. When Karen isn’t busy discovering new things, you can find her enjoying the diversity of the Bay Area, keeping up to date on the latest tech news, or relaxing at home with her beloved rescued cat.

View all posts

Stay Updated FinTech Silicon Valley

Follow Us

Read previous post:
Ethereum: Comprehensive Price Analysis and Recent Developments March 28, 2019

Almost a month after the Constantinople Hard Fork, ETH fundamentals show transactions per day and daily active addresses have begun...