A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” (WBTC) officially launched its ERC-20 token Wednesday evening. The project was first unveiled in October as a joint initiative between decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. As stated on the […]
Multicoin Capital announced Monday that it has led a $2.5 million seed round in a company that makes it easier to gather data from public blockchains. There’s plenty of useful data accumulating on blockchains, but the database structure doesn’t make it simple for everyone to collect and utilize. A team called The Graph is building open source […]
Harvard University, jeans giant Levi Strauss and U.S. think-tank New America are investigating blockchain as a means to improve labor welfare. New America announced Thursday that the U.S. Department of State has granted $800,000 for a pilot project that will develop a blockchain-based system to track the working conditions of factory workers. The first phase of […]
Ethereum core developers have proposed activating Constantinople – a planned system-wide upgrade that was called off earlier this week – in late February. Also called a hard fork, Constantinople is now estimated by developers to go live some time between Feb. 26 and Feb. 28, with a block number to be determined at a future […]
Despite recent belt-tightening at Brooklyn-based ethereum venture studio ConsenSys, the company’s investment arm is ramping up outreach to independent startups. ConsensSys Ventures, headed by managing partner Kavita Gupta, announced two new investments on Thursday: $1 million in the Paris-based crypto wallet and trading platform Coinhouse and an undisclosed amount in the encryption-centric browser Tenta. Gupta […]
U.K. bank Barclays and London-based startup Clearmatics are inviting coders to come up with ways to connect ethereum with made-for-enterprise blockchains such as Hyperledger Fabric. The interoperability challenge is being hosted by Clearmatics and will use a template involving its open-source interoperability protocol, Ion. The hackathon will take place at the Barclays Rise fintech hub in […]
Major ethereum clients, including Go-Ethereum (Geth) and Parity, have released software updates following an earlier decision to delay the planned system-wide upgrade dubbed Constantinople. The upgrade was postponed Tuesday during a developers call, a move that came after blockchain audit firm Chain Security discovered a security vulnerability in Ethereum Improvement Proposal (EIP) 1283, one of […]
Ethereum’s long-anticipated Constantinople upgrade has just been delayed after a critical vulnerability was discovered in one of the planned changes. Smart contract audit firm ChainSecurity flagged Tuesday that Ethereum Improvement Proposal (EIP) 1283, if implemented, could provide attackers a loophole in the code to steal user funds. Speaking on a call, ethereum developers, as well […]
The world’s third largest blockchain by total value, ethereum, is about to upgrade its code. Named Constantinople, the system-wide upgrade, or hard fork, is set to enact several tech improvements, most designed to increase usability and improve smart contract design, should users of the network decide to upgrade to the new software when it’s introduced […]
Jutta Steiner is the founder and CEO of Parity Technologies, a blockchain infrastructure and innovation focused company building platforms and applications. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. The past year has seen an onslaught of doom-and-gloom narratives shower down on our fledgling movement, in stark contrast to the inflated hype […]
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