The State of the Market: The cryptocurrency markets were largely flat today, recording a mild lost of $4 billion from the total market capitalization. Likewise, Bitcoin and Ethereum experienced little price fluctuation with respective decreases of 0.01% and 1.85% on the day. Of the top ten coins on EOS posted a significant loss of just under 7%, and is currently trading in the low $8 range.

1) Bancor, a decentralized cryptocurrency exchange was breached today, an in incident reportedly involving over $12 million worth cryptocurrencies. However, a tweet from Bancor confirmed that no user accounts were compromised, and the exchange has temporarily suspended operations in order to investigate the hack — with a detailed report expected shortly. The malicious party allegedly exchanged some of the tokens via the instant conversion service Changelly. The price of the Bancor token (BNT) was hit hard by the hack, losing just over 12% in the last 24 hours (read more).

2) The German-based solarisBank has recently launched the solarisBank Blockchain Factory, a project which will extend the financial institutions range of services for companies in the cryptocurrency and blockchain industry. The Blockchain Factory will offer much-needed banking services to companies whose business is directly or indirectly based on cryptocurrencies and blockchain technology (read more).

3) The Berminal App has officially launched a free airdrop event. You will receive 100 BERM tokens for every web referral, while earning extra 500 tokens per in-app referral. Download the app and sign up to get started. Act quickly as the airdrop pool is limited! To find more info visit referral.berminal.com.

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