Ethereum Watch

China’s popular blockchain-based messenger app recently launched a Korean version. Advertisements The Korean Herald reported Tuesday that BeeChat has launched a Korean version of its blockchain-based messenger app. Currently available in 30 languages, the Dapp allows users to “join active private chats, private and public groups, and discussions that serve not only the cryptocurrency community […]

“Traditional financial institutions serve 20 percent of people and make 80 percent of profits. New financial institutions should [serve] 80 percent of people and make 20 percent of profit,” declared Jack Ma, executive chairman of Alibaba. Advertisements For years, blockchain proponents have proclaimed that the technology could reduce costs in the multibillion-dollar international remittance industry. […]

Is the timing of the departures a coincidence or a reflection of deeper problems? Advertisements ICON and TRON are abandoning the signature decentralized application platform for their own mainnets. Though some ERC20 projects, such as ICON, plan for a departure to their own mainnets in their white papers, the timing of the emigration – when […]

A joint research project in the United Kingdom investigates the use of blockchain technology to ensure the accuracy of historical documents. Advertisements Nine months ago, the University of Surrey in collaboration with the Open Data Institute and the UK National Archives began work on blockchain-based research project, ARCHANGEL. Funded by the UK Research Council, the […]

Hydro-Québec proposes rules that would require mining companies to place bids for their electricity. Advertisements Quebec’s power company, Hydro-Québec, has developed a plan to manage cryptocurrency miners’ thirst for electricity. Hydro-Québec announced on Thursday a new policy proposal (French) that would require each cryptocurrency company to bid for its electricity and prove it needs the […]

UPDATED | June 22, 2018: Advertisements Tom Hannaford, an account supervisor for Wachsman PR, reached out to ETHNews and explained that there had been a miscommunication with Reuters during the initial coverage of Phil Potter’s departure from Bitfinex. He provided a revised statement from Potter, who said, “As Bitfinex pivots away from the US, I […]

Will criminal cases force the US Supreme Court to make a definitive ruling as to whether crypto should be treated the same as fiat? Advertisements The US Supreme Court mentioned bitcoin and cryptocurrency while issuing a ruling on a seemingly unrelated case. On June 21, the Supreme Court issued its opinion on the case of […]

China furthers its blockchain research efforts with a new lab. Advertisements The Chinese Academy of Sciences, the premier Chinese research institution, announced the creation of its Big Data and Blockchain Lab at a symposium on June 15. The lab will be used to study blockchain technology from a mathematical perspective and foster talent in the […]

The Stanford University is creating a research and educational center to further blockchain development. Advertisements Several blockchain startups and cryptocurrency organizations, including the Ethereum Foundation, have come together to sponsor a blockchain research and education center created by Stanford University computer science professors. According to a press release issued June 20, the Center for Blockchain Research […]

The US House of Representatives Committee on Ethics has released a memorandum declaring that members of the House of Representatives must disclose any cryptocurrency holdings that exceed $1,000. Advertisements The same day the Office of Government Ethics released similar guidance for executive branch employees, the US House of Representatives Committee on Ethics issued a memorandum […]