Ethereum Watch

Economist Tyler Cowen thinks that, thanks to digital minimalism, America is facing the death of private property and capitalism as we know it. But as Fred Ehrsam alludes to, the birth of cryptocurrency may suggest otherwise. Advertisements On Sunday, Tyler Cowen, a prominent economist and director of the Mercatus Center, a free market think tank […]

Square’s mobile payment app is totally down with bitcoin. Here’s a brief timeline of how it got there. Advertisements According to a recent tweet from the team behind Cash App, the mobile payment app developed by financial services company Square Inc., users can now buy and sell bitcoin across the US, from Alabama to Wyoming […]

A recent yellow paper by Vitalik Buterin simplifies and applies a 99 percent Byzantine fault tolerant algorithm for blockchains. ETHNews explains it in language you can understand (minus the math). Advertisements Last week, Vitalik Buterin published “A Guide to 99% Fault Tolerant Consensus,” wherein he lays out a simplified version of Leslie Lamport’s 1982 algorithm […]

Turkish Lira Collapse Drives Interest in Crypto, Swiss Bank to Accept Cryptocurrency, Bitcoin Dominance Rate at 50% Advertisements Turkish Lira Collapse Drives Interest in Crypto The Turkish Lira collapse has made Bitcoin volatility seem tame. “The 10-day swings in the lira relative to the U.S. dollar now exceed those for Bitcoin amid Turkey’s escalating currency crisis,” […]

Blockchain-based social network Minds is migrating its platform to the ethereum network, the startup announced Monday. Advertisements After roughly four-and-a-half months on its Rinkeby test network, the startup will be moving to ethereum for its full live launch. The firm claims to provide a censorship-resistant, accessible social network for users, especially those in potentially authoritarian […]

After recent drops in the price of bitcoin and other cryptocurrencies, the government’s central bank felt the need to remind citizens of the risks of trading, both financial and legal. Advertisements The Saudi Arabian Monetary Authority (SAMA) issued a statement yesterday reminding citizens that any dealings with cryptocurrency are still illegal. The central bank’s Sunday […]

ETHNews sat down with Merit founder and CEO Adil Wali to learn about the connection between the eSports and cryptocurrency communities. Advertisements Multiplayer video game competitions, or eSports, are huge. Starting with the Space Invaders Championship of 1980, which saw 10,000 gamers compete for glory and intergalactic domination, contests and tournaments have long been a […]

It’s an iconic line from Christopher Nolan‘s penultimate Batman film: “you either die a hero, or live long enough to see yourself become the villain.” Batman fans watching the movie all knew that these words were prophetic, as Harvey Dent, Gotham’s White Knight and crime-smashing District Attorney, ended the movie — and his life — as the broken, insane […]

The duo found that digital currencies don’t behave like stocks or other currencies when it comes to price movements. Advertisements On August 6, Yale economist Yukun Liu and PhD candidate Aleh Tsyvinski published a working paper titled Risks and Returns of Cryptocurrency. In it, they argue that there are several factors that predict price trends […]

On this week’s episode, Mike Finch and I interview Jimmy Zhong of the IOS Foundation, building the Internet of Services (IOST). Advertisements We discuss the tech behind IOST, how Proof of Believability and Servi — a non-tradable token that IOST nodes accumulate by contributing to the network — makes the network more fair and decentralized, and what initiatives IOST […]