In a surprise appearance at the ethereum community conference EthCC in Paris Friday, ethereum founder Vitalik Buterin presented a scaling solution for Plasma, a system of smart contracts that seeks to increase the computational potential of the world’s second-largest blockchain. Created by Buterin and Bitcoin Lightning Network co-creator Joseph Poon last year, the scaling solution […]
Events that will shape the next decades of our future are happening now. Before we get into the details, I’d like to explain my background briefly. I’m a Ukrainian immigrant who moved to the U.S. at a young age. My interest in financial markets started in college. Shortly after my graduation, I began my professional […]
Ethereum’s moon math is showing signs of coming back to earth. Such was the feeling at EthCC, an ethereum developer conference in Paris, Thursday, where a dedicated privacy track struck a somber note compared to years past. Indeed, despite a software upgrade in October that saw improvements built to pave the way for confidentiality, such […]
A senior investigator at the Manitoba Securities Commission has revealed that the choice by Facebook to remove cryptocurrency-related ads was not brought on by the company’s collective nagging conscience, but by pressure from the FBI. Google might soon be feeling that pressure as well. On January 30, 2018, Facebook’s product management director, Rob Leathern, informed […]
From money transmitter licenses and utility tokens to blockchain-based records management systems and cryptocurrency tax exemptions, Wyoming’s legislature has been tremendously active in the digital asset space. Over the last several weeks, the Wyoming legislature has passed five bills related to blockchain and cryptocurrencies. ETHNews provides a brief overview of each piece of legislation. House […]
On the morning of March 14, 2018, the House Financial Services Committee will host a hearing on cryptocurrencies and initial coin offerings (ICOs). On Pi Day, the US House Financial Services Committee is slated to host a hearing entitled “Examining the Cryptocurrencies and ICO Markets.” The meeting is scheduled for 10:00 a.m. EST on March […]
The governor of the People’s Bank of China has suggested that physical money may be supplanted by its digital counterpart in the country. UPDATED | March 9, 2018: The People’s Bank of China is currently developing a digital currency, known as the DCEP, or Digital Currency (for) Electronic Payment, according to a report from the […]
On Friday, a tiny, virtually unknown cryptocurrency went to the moon for a few minutes. It appeared that in a straight-line trajectory, PACcoin suddenly began trading for more than 1000 times its historical price. On March 9, 2018, PACcoin was suddenly listed as the third largest cryptocurrency on CoinMarketCap, one of the leading price tracking […]
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