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Year: 2020

cryptocurrency June 18, 2020

The effects of Bitcoin’s dramatic fall on the charts on June 11 are still being felt across the cryptocurrency market as it stalled much of the momentum that was being used to drive the value of BTC and the market’s alts upwards. At press time, however, the world’s largest cryptocurrency was readying itself for another […]

cryptocurrency June 18, 2020

Advertisements With the launch of an Ethereum Virtual Machine, Telos is set to enable developers to create and run Ethereum-Compatible smart contracts. Telos, currently ranked the second-most active blockchain worldwide, is set to enable developers to create and run Ethereum-compatible smart contracts without transaction fees. Telos is a smart contract platform that supports the creation […]

cryptocurrency June 18, 2020

Advertisements In brief: Ethereum Classic miners can now opt to also mine Zilliqa. ETC miners in the Ethermine mining pool can update their mining code to support Zilliqa mining via Ezil.me. The merged mining operates by automatically switching between mining ZIL and ETC. Ethereum Classic (ETC) miners now have the option of configuring their rigs […]

cryptocurrency June 18, 2020

Advertisements The blockchain software engineering firm ConsenSys, announced this week that it is launching an institutional-grade Ethereum staking-as-a-service platform. The demand for staking applications ahead of the long-awaited ETH 2.0 launch is heating up, and more are likely to follow. ConsenSys, which has recently launched compliance services for the DeFi industry, provides enterprise-level blockchain tracing […]

cryptocurrency June 17, 2020

Proof-of-Stake: A concept that was first introduced by Peercoin in 2013 is about to see a major uptick in terms of popularity. While over the past few years, other crypto-projects, notably EOS and Cardano, have worked with PoS to assess consensus mechanisms, Ethereum 2.0 is going to be the biggest launch for the PoS consensus […]

cryptocurrency June 17, 2020

Advertisements Vitalik Buterin pointed out that 40 million fewer Ether has been mined today than was envisioned five years ago. Vitalik Buterin tweeted today that the Ether (ETH) supply is 40 million less today than what was estimated in the original whitepaper. He believes this refutes the theory that Ethereum is run by inflationist technocrats. Buterin’s tweet […]

cryptocurrency June 17, 2020

Ethereum continues to struggle with resistance at $250 that has held back the asset for much of the last two years of bear market. Advertisements However, a crypto-focused investment fund manager is expecting that the asset’s best use case, decentralized finance, could help propel Etheruem to a $1 trillion market cap. This would take the […]

cryptocurrency June 17, 2020

The development of a ‘hype circle’ is infectious in the digital asset industry and most of the time, a majority of the users tend to join the bandwagon. A similar situation is presently transpiring with respect to Ethereum and its ETH 2.0 plans, with many people now flocking towards the ecosystem with genuine optimism. Advertisements […]

cryptocurrency June 17, 2020

Bitcoin has been the market leader for a long time now, with its price swings famous for triggering frantic surges and declines in the market. At the time of writing, Bitcoin had retraced back to the $9,500-mark. And, despite prior pullbacks in the price of the premier cryptocurrency, investors were continuing to hold on to […]

cryptocurrency June 16, 2020

June hasn’t been particularly memorable for Ethereum, whether it is with respect to price valuation or development. However, consistent improvements in April and May have been crucial to the ecosystem of the world’s largest altcoin today. Advertisements According to Coinmetrics’ latest state of the network report, the number of addresses holding small amounts of Ethereum […]

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