Ethereum Watch

iStock.com/rclassenlayouts Ethereum News Update A three-year-old blockchain startup from MIT’s Media Lab recently accepted $20.0 million in venture capital, raising investors’ expectations about its upcoming airdrop. Advertisements The startup is called Eximchain. It is a blockchain company looking to adapt distributed ledger technology to supply chain management, which makes it a sliver less dull than […]

A government-affiliated organization in China has announced that, in line with the country’s current “five-year plan” for economic growth, it will establish an organization to promote blockchain investment and development. Advertisements The China Investment Association, a government-affiliated body that describes itself as “a national social organization registered with the Ministry of Civil Affairs,” is reportedly […]

The United States Congress Joint Economic Committee has released its annual economic report which – for the first time – contains significant mention of cryptocurrency as well as related trends and technology. Advertisements Earlier this week, the US Congress’ Joint Economic Committee released its annual economic report. The report notes evolving digital economic transformation, including […]

The Federal Trade Commission announced today that four individuals have had their assets frozen by a US Federal District Court for allegedly promoting cryptocurrency schemes promising large returns for small cryptocurrency payments. Advertisements The federal court of Florida’s southern district has upheld a Federal Trade Commission (FTC) request for a temporary restraining order against four […]

“I would be long bitcoin, and neutral to skeptical of just about everything else at this point.” Advertisements On March 15, 2018, venture capitalist Peter Thiel shared his thoughts on cryptocurrency investment at the Economic Club of New York. A co-founder of PayPal and Palantir, Thiel said that he perceives potential long-term value in bitcoin, […]

A recent surge of negative blockchain publicity has coincided with a plunge in cryptocurrency’s total market capitalization, after having surpassed $800 billion in the first week of 2018. Is blockchain technology truly overhyped or is Ethereum on the path to busting the decentralized floodgates of mass adoption wide open? Advertisements Ethereum is the decentralized application […]

President Putin’s economic adviser and Prince Michael of Liechtenstein both stood out among a wide-ranging host of blockchain thought leaders and industry experts who discussed possible future initiatives to an international audience. Advertisements News from Switzerland recently confirmed that blockchain technology is still impressing some high-level government officials, while reaffirming that the country is a […]

Ethereum News Update Earlier this week, just days before the U.S. House of Representatives would hold a hearing on cryptocurrencies, one government official turned his attention toward the American government’s favorite punching bag: Venezuela. Advertisements The U.S. official in question is Florida Senator Bill Nelson. Senator Nelson sent a letter to the Treasury Secretary on […]

iStock.com/Marc Bruxelle Ethereum News Update Ethereum prices are down on Wednesday morning, but then again, so are prices for all the major cryptos. Bitcoin, Ripple, Litecoin, Cardano, Stellar—they all have flashing red numbers beside their names. Advertisements This is not surprising. Cryptocurrencies are in a bear market right now. I expect the entire market to […]

The monetary authority of eight island economies in the Eastern Caribbean has agreed to take part in a pilot program that will involve issuing a digital currency. Advertisements According to a press release dated March 14, the Eastern Caribbean Central Bank (ECCB) has signed a Memorandum of Understanding with FinTech firm Bitt Inc. for a […]