iStock.com/tigerstrawberry Ethereum News Update Investors tend to panic when international organizations talk about cryptocurrency regulation, but is that really the nightmare scenario? 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 headed?” […]
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. Buterin’s comments, issued in a biweekly developer meeting Friday, come in response to the launch of a new product by mining […]
Coinbase announces new startup funding unit, Verge forced to hard fork after suffering 51% attack, top 5 cryptocurrency price changes, and more! 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 Ventures. […]
On Friday, the Financial Conduct Authority (FCA) addressed its regulatory jurisdiction over UK firms offering cryptocurrency derivatives. 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 FCA […]
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. On April 5, 2018, investigative blockchain firm Chainalysis officially launched Chainalysis KYT (Know Your Transaction), a real-time compliance […]
A patent application by IBM proposes a system that would automatically reconcile conflicting terms in smart contracts deployed on a blockchain network. 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 the […]
EIP Proposal 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 enough […]
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