A week after Ethereum wrapped up devcon3, it's annual developer conference, news hit that the Parity Wallet suffered another attack. Santiago Palladino from Zeppelin Solutions has a nice write up of the technical details behind the attack. Although, calling it an attack might be too strong, as it seems this was possibly done accidentally. With over 500K ETH now lost ($150m) without a hard fork to repair the killed contract, it'll be interesting to see how the community reacts.
The Chicago Mercantile Exchange announced last week that they would be opening a futures contract for by the end of this year. Although it's hard to tell, it does seem like this announcement helped push the price of bitcoin to new all-time highs this week. It's not a given that the futures contracts will succeed, but I suspect a lot of shy Wall Street types will feel like this gives them permission to get in. For more on how the contracts work I found this article by Frank Chaparro helpful.
It's interesting that this is the first time Blockchain and Bitcoin have cracked the top 20 in Upworks quarterly freelance trends report. I'm actually not surprised by the inclusion of Blockchain, as the ICO boom this year has probably driven a lot of this growth, but having Bitcoin as #3 is a sign that it's been more than just because of ICO craziness.
I've included this link about hedge funds getting into crypto because it makes for an interesting contrast to this article on a young Kenyan named Eugene Mutai who taught himself cryptocurrencies and runs a mining rig and invests in ICOs. This is what makes me so excited about this technology. Both the billion dollar hedge fund managers and Eugene have equal access to the new network of money.