Ethereum Watch

Bitcoin mining is potentially lucrative, but it’s also increasing the world’s energy consumption. This week, economist Alex de Vries published some eye-popping estimates. Advertisements In a society concerned with energy conservation and the human toll on our environment, the energy consumption required to successfully mine bitcoin is a rising concern. On May 16, economist Alex […]

The Norwegian Central Bank is researching whether a central bank digital currency could provide benefits for customers. Advertisements Norway’s Central Bank, Norges, has extended a study that focuses on issuing a central bank digital currency (CBDC) as a way to supplement cash for customers. Several central banks in Europe, including Sweden’s Sveriges Riksbank, are already […]

Polkadot’s PoC-1 proof of concept is now live. The platform has been designed to enable blockchains to scale, adapt, and communicate with one another. Advertisements Today, Web3 Foundation and Parity Technologies announced the release of their first proof of concept for Polkadot, PoC-1. The platform is intended to tackle some of blockchain technology’s most pressing […]

A mystery team, apparently possessing vast expertise and aptitude in distributed ledger technologies, has released a whitepaper describing a suite of new consensus algorithms inspired by epidemic, AKA “gossip,” protocols. Advertisements Snowflake to Avalanche: A Novel Metastable Consensus Protocol Family for Cryptocurrencies. This was the title of a whitepaper that was delivered anonymously to the […]

“We have to be prepared,” said Bitmain’s CEO, who worries about the Chinese government prohibiting cryptocurrency mining. His chip development company is readying itself for a second act: artificial intelligence. Advertisements This week, during an interview with Bloomberg, Bitmain CEO Jihan Wu revealed that his company enjoyed approximately $3.5 billion in revenue during 2017. Despite […]

China’s Ministry of Industry and Information Technology has released its official cryptocurrency ratings. The “domestic experts” awarded Ethereum 1st and Bitcoin 13th out of 28 places May 17. Advertisements As online cryptocurrency news account cnLedger reports quoting local media outlet China Electronics News (CEN), the Chinese government’s top five cryptocurrencies begin with Ethereum, followed by […]

A strategic partnership announced earlier this week is intended to redefine how people use and sell data online. Advertisements Swiss tech company Streamr launched its real-time data marketplace earlier this week at Consensus 2018 in New York, shortly before announcing related partnerships with Finland-based Nokia and California’s OSIsoft. Reported by Forbes on May 16, the […]

China’s Ministry of Industry and Information Technology released rankings of 28 cryptocurrencies and blockchains based on technology, application, and innovation. Advertisements China’s Ministry of Industry and Information Technology released its ranking of 28 of the world’s leading cryptocurrencies and the blockchains that power them today, including bitcoin, Ethereum, and Steem. While it evaluated and ranked […]

Bitfinex, a leading cryptocurrency exchange by trade volume according to CoinMarketCap, has asked certain customers for tax information that it plans to pass on to authorities. Advertisements The cryptocurrency exchange Bitfinex recently sent some customers an email informing them that they are “required” to provide the digital marketplace with certain information by May 24. Bitfinex […]

May 16: Crypto markets have seen a sharp decline over the past 24 hours with almost all of top 100 coins listed on Coinmarketcap (CMC) in the red. Advertisements Market visualization from Coin360 After losing the $9,000 support on May 11, Bitcoin (BTC) continued its fall, now approaching the $8,000 level. Having lost almost 3 […]