Tagged: ethereum

Ethereum Price Spikes 10% On News CFTC May Approve ETH Futures

The price of Ethereum (ETH), beleaguered for over a year, jumped from ~$160 USD to ~$180 USD in the hours following a May 6th Coindesk report that the CFTC may be “comfortable” with allowing trading of ETH futures. Image from Coinmarketcap. The price had settled… Read More

French Bank Societe Generale Issues €100 million Bond as Security Token on Ethereum Blockchain

France is a country that is aggressively pursuing blockchain innovation. Crowdfund Insider’s recent coverage of Paris Blockchain Week highlighted this fact as both policymakers and innovators appear to be on the same page. Now, big banking is moving forward in the crypto space by actually… Read More

Gifto Abandons Ethereum, Migrates Over to Binance Chain, a Blockchain that is Less Costly, Simple to Use

Gifto, a company that completed a $30 million initial coin offering (ICO) in less than a minute, has bailed on Ethereum. In a blog post, Gifto said they have “tremendous respect for the Ethereum community,” but that respect apparently does not transfer over to confidence… Read More

Research: Some Private Keys on Ethereum Blockchain at Risk of Brute Force Attack

Independent Security Evaluators (ISE) has published a report about the Ethereum blockchain. The report claims that poorly implemented private key generation is facilitating the theft of cryptocurrency. ISE said they discovered 732 private keys as well as their corresponding public keys that committed 49,060 transactions… Read More

ConsenSys Said to Be Raising $200 Million at a $1 Billion Valuation. Is it worth it?

A report from last week in the Information states that ConsenSys is in the process of raising up to $200 million from outside investors. Apparently, ConsenSys is slapping a $1 billion valuation on the offering. So is it worth the money? It is too hard… Read More

North Korean Dissident Group Raising Money on Ethereum

A group dedicated to the liberation of North Korea, Cheollima Civil Defence, is raising funds through the sale of 200 000 symbolic “visas” that promise holders they will be among the among the first to visit “Free Joseon upon liberation.” The group’s “Post-Liberation Blockchain G-VISAs”… Read More

Crypto Wallet & Exchange Abra Announces Expansion of Support For Ethereum

Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, announced on Wednesday it has expanded support for the Ethereum platform by adding native integration of Ethereum’s currency, ether (ETH). Abra users may now deposit, invest, and withdraw ether directly from the Abra app. Abra reported that… Read More

Report: Coding on High Profile Crypto “Forks” Negligible in Past Year

Bear markets may have taken the wind out of several crypto fork’s sails, as the number of code commits lodged by developers of coins like Litecoin and Bitcoin Gold has fallen to less than half-a-dozen per month, says ‘crypto asset management firm’ Electric Capital. The… Read More

Coincenter Publishes Correspondence with SEC Chair Jay Clayton: Digital Assets May Be Sold as a Security but Could Change Over Time

Coincenter, a leading advocacy group for the cryptocurrency/virtual asset space, has shared a recent correspondence with SEC Chairman Jay Clayton. Chair Clayton responded last week to a letter originally sent last October by Congressman Ted Bud who was seeking additional clarity on crypto and its… Read More

Plattsburgh Lifts Moratorium on Crypto Mining, Miners to Pay Overages

The town council of Plattsburgh, New York, has voted 5-1 to lift a year-old moratorium prohibiting any new cryptomining operations from setting up within town limits, Midday Magazine reports. The moratorium was established in March of last year after cold temperatures and crypto-mining consumption exhausted… Read More

Swiss Fintech Avaloq Joins the Enterprise Ethereum Alliance

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has joined the Enterprise Ethereum Alliance (EEA), which is an open source blockchain initiative. Avaloq reported that as a member of the EEA it will collaborate with… Read More

Synthetix Launches Ethereum Synthetic Bitcoin “sBTC”

Synthetix, a decentralized synthetic asset platform, has launched a synthetic Bitcoin on the Ethereum blockchain known as synthetic Bitcoin (sBTC). This news comes just a couple of months after Synthetix rebranded from Havven. According to Synthetix, sBTC provides access to the value of Bitcoin without the friction of… Read More

UAE Development Firm Behind Burj Khalifa Denies it Accepting Crypto for Real Estate

Emaar Properties, the company that developed the United Arab Emirati’s (UAE’s) iconic Burj Khalifa tower, the tallest in the world, has denied rumours that it plans to accept cryptocurrency payments in real estate deals. According to a company spokesperson speaking to Bloomberg: “Emaar does not… Read More

Distributed Banking Ledger: Fincross Preps Launch of Blockchain based Investment Bank

Recently, it was announced that Fincross International will be the lead sponsor for the upcoming Security Token Summit taking place in LA this spring – as well as CIS. A relatively new company, Fincross is described as “a next-generation digital investment bank.” The digital investment bank… Read More

Citing Low and Volatile Crypto Prices, Argo “Temporarily” Drops Cloud Mining Program

Due to “challenging conditions” in crypto markets, Argo Blockchain (LSE:ARB), a cryptomining firm that went public in the UK last year, is no longer accepting new customers for its “mining-as-a-service” program (also known as “cloud mining”), and will terminate all contracts as of April 1,… Read More

“Are Investors Delusional?”: 93% of Ethereum dApps Show No Transactions

An article by a reporter at Bitcoinist has revealed that 93% of “dApps” (decentralized applications) built to run on the Ethereum crypto network had no transactions on the day they were examined. User rates were slightly better, at 86%, but without transactions, it seems likely… Read More

NASDAQ Partners with Brave New Coin on Bitcoin and Ethereum Index

Nasdaq is moving up the crypto ladder with a new “data dissemination relationship” with Brave New Coin (BNC). The partnership will send real-time Bitcoin and Ethereum index level information on the Nasdaq Global Index Data ServiceSM (GIDS) starting on Monday, February 25th. The Bitcoin Liquid Index (BLX)… Read More

Cryptocurrency: MetaMask Malware Hijacks Clipboard to Steal Ethers

Malware designed to intercept and replace digitally-copied cryptocurrency addresses with those belonging to hackers has been found in a fake MetaMask app available until recently at the Google Play app market. According to cybersecurity firm WeLiveSecurity, the malicious app, “Android/Clipper.C” was, “…spotted shortly after it was… Read More

EOS and TRON Have Eclipsed Ethereum for Gambling

“Decentralized apps” (dApps) built to run on newer cryptocurrency blockchains Tron and EOS have steadily taken over from Ethereum as gamblers’ financial media of choice, DIAR reports. Ethereum still processed $7.6 billion in dApp transactions in 2018, but this was mainly business coming from trades… Read More

Prolonged Hack on New Zealand Cryptopia Exchange Continues

Researchers at blockchain forensics firm Elementus who extensively documented the days- long, $16 million USD hack against New Zealand-based crypto exchange Cryptopia two weeks ago now claim that the same hacker has struck again at Cryptopia. According to Elementus, “Though Cryptopia remains silent…” about the… Read More

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