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Day: April 6, 2018

cryptocurrency April 6, 2018

iStock.com/tigerstrawberry Ethereum News Update Investors tend to panic when international organizations talk about cryptocurrency regulation, but is that really the nightmare scenario? Advertisements What we have at the moment seems worse. With each country or state striking its own path on crypto regulation, investors are left without a clear sense of direction. “Where is the industry […]

cryptocurrency April 6, 2018

Vitalik Buterin is coming out against a proposal that would find the blockchain he created changing its software to limit the performance of mining hardware designed to yield a greater cut of the network’s rewards. Advertisements Buterin’s comments, issued in a biweekly developer meeting Friday, come in response to the launch of a new product […]

cryptocurrency April 6, 2018

Coinbase announces new startup funding unit, Verge forced to hard fork after suffering 51% attack, top 5 cryptocurrency price changes, and more! Advertisements Verge has suffered a 51 percent attack, resulting in a loss of 250,000 XVG. Image from arakio. Coinbase Announces New Startup Funding Unit Coinbase has announced the formation of new startup funding unit called Coinbase […]

cryptocurrency April 6, 2018

On Friday, the Financial Conduct Authority (FCA) addressed its regulatory jurisdiction over UK firms offering cryptocurrency derivatives. Advertisements On April 6, 2018, the United Kingdom’s Financial Conduct Authority (FCA) published a statement on the “growing number” of UK firms offering cryptocurrency derivatives. Under the European Union’s Markets in Financial Instruments Directive II (MiFID II), the […]

cryptocurrency April 6, 2018

On Thursday, Chainalysis launched a tool called Chainalysis KYT and revealed plans to provide its services for 10 or more cryptocurrencies by the end of 2018. The company received $16 million in Series A funding from Benchmark. Advertisements On April 5, 2018, investigative blockchain firm Chainalysis officially launched Chainalysis KYT (Know Your Transaction), a real-time […]

cryptocurrency April 6, 2018

A patent application by IBM proposes a system that would automatically reconcile conflicting terms in smart contracts deployed on a blockchain network. Advertisements In the blockchain space, it is often remarked that while EDCCs (also referred to as smart contracts) are a promising technology, they are rigidly unforgiving of sloppy programming and incredibly literal in […]

cryptocurrency April 6, 2018

EIP Proposal Advertisements In the recent Ethereum Improvement Proposal (EIP) issued at the 1st of April, creator of Ethereum has share his thoughts about the possible hard cap and limit of Ether tokens. He suggested, that it might be set at 120,204,432 tokens. In case, if the proposal wouldn’t be able to be applied early […]