A state-owned bank in Brazil is about to issue a crypto token designed to maintain parity with the national currency. Revealed exclusively to CoinDesk, the Brazilian National Social Development Bank will launch a pilot in January 2019 for the BNDES token, which runs on the ethereum blockchain and is backed 1-for-1 by Brazilian real. The […]
Ethereum browser startup Status.IM is cutting a quarter of its staff due to the ongoing downturn in cryptocurrency prices. Announcing the move internally on Monday, co-founder Jarrad Hope said that the startup is much larger than can be sustained due to the fact that the company did not anticipate ethereum’s price dropping more than 80 […]
Opera has announced the public release of its “Web 3-ready” Android web browser, which notably sports a built-in cryptocurrency wallet. Previously available in beta, Opera for Android supports ethereum’s ether and other tokens using the network’s ERC-20 standard. The app also provides support for crypto collectibles (ERC-721 standard) such as CryptoKitties, as well as ethereum-based […]
The most-used ethereum software client has published code that includes an activation time for Constantinople, a proposed upgrade that, if enacted by users, would bring additional features and enhancements to the network. Go-ethereum (Geth) v1.8.20, released on Tuesday, sets the Constantinople hard fork on the ethereum mainnet, the principal version of the platform, for block […]
The U.S. Commodity Futures Trading Commission (CFTC) wants to learn more about ethereum, its technology, and the markets that have built up around it. In a “Request for Input” (RFI) published Tuesday, the regulator explains that it is looking for public feedback on different questions about ethereum, ranging from its technology to how it’s used. Respondents […]
Internal chat logs from a town hall held Friday by ethereum production studio ConsenSys show that employees are grappling with uncertainty in the face of recently announced layoffs. A day after confirming that 13 percent of its staff would be cut in what CEO Joseph Lubin called a “restructuring of priorities,” company leadership held an all-hands […]
The price of ether fell to 19-month lows just over $80 today and is now down 94% from its January peak. Ether’s dollar-denominated exchange rate (ETH/USD) slipped to $81.30 at 02:15 UTC – the lowest level since May 2, 2017 – according to CoinDesk’s Ethereum Price Index (EPI). As of writing, ETH is trading at […]
A strategic shift is in the works at ConsenSys, the sprawling venture studio dedicated to building ethereum-based businesses and products. “I would call it a refocusing of priorities,” ConsenSys founder Joseph Lubin told CoinDesk in an interview Tuesday. “On more rigor, more structure, more sustainability, more accountability.” In an emailed letter sent to the venture […]
The creator of ethereum, Vitalik Buterin, has just been awarded an honorary doctorate by the University of Basel. Now Dr. Buterin, Vitalik received the recognition from the institution’s Faculty of Business and Economics for his work on blockchain development at the Dies Academicus – an annual celebration of the founding of the university – on […]
ConsenSys Labs has led a $2.1 million seed round for AZTEC, a startup that’s working to make ethereum transactions private so financial institutions can comfortably use the second-largest blockchain. Announced Thursday, other investors in the round include Entrepreneur First, Samos Investments, Jeffrey Tarrant (Mov37) and Charlie Songhurst. AZTEC, created by the mathematician Tom Pocock and […]
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