Ethereum Watch

A bill in the Senate of the Philippines would increase the penalty for crimes that involve virtual currency. Advertisements Leila M. de Lima, an opposition Senator in the Philippines, has submitted a bill that would increase the penalty for “crimes involving cryptocurrencies, notably bitcoins.” Her motive in filing the legislation, she said, was to address […]

China is taking the experience of participating in the creation of international blockchain standards and applying that knowledge domestically. Advertisements New information out of China today reveals that the Ministry of Industry and Information Technology (MIIT) has directed one of its subdivisions – the Informatization and Software Services Division – to conduct a “special study” […]

iStock.com/SergSim Ethereum News Update Ethereum prices are plummeting on Tuesday morning, in part due to an episode of Last Week Tonight with John Oliver and a report from the Bank of International Settlements (BIS). Advertisements Oliver’s show, for those who may not have seen it, features a comedic deep-dive into hot news topics of the […]

On Tuesday, Cameron and Tyler Winklevoss proposed the Virtual Commodity Association, which would be an important first step toward self-regulation by major players in the cryptocurrency industry. The CFTC has been calling for such self-policing and applauded their initiative. Advertisements On March 13, 2018, Gemini founders Cameron and Tyler Winklevoss published A Proposal for a […]

What do the FBI and Canada’s Binary Options Task Force have in common? When it comes to recent activity at Google, the duo might be responsible for causing an in-house backlash against cryptocurrency advertising. Advertisements Cryptocurrency and related financial products are undergoing a phase of regulatory scrutiny from institutions like the SEC, IRS, and CFTC. […]

iStock.com/rclassenlayouts Ethereum News Update It’s rare for new blockchain companies to influence my Ethereum price forecast, but there are exceptions to the rule. Multicoin Capital Management, LLC. is a good example. Advertisements Multicoin is an investment firm that will soon traverse the blockchain space, hunting for the next generation of tokens. What sets it apart […]

What Is Mining? Mining is to the blockchain what prospecting is to gold. It is the process of extracting cryptocurrency from the network. Miners, the people who do the mining, devote time, computer space, and energy to solve complex problems and find transactions on the network that have not been previously recorded. Advertisements These transactions […]

iStock.com/Adrian Bysiak Ethereum News Update Among the power brokers at this week’s DC Blockchain Summit was Brian Quintenz, a commissioner at the Commodity Futures Trading Commission (CFTC), who said there might be “potential” for a self-regulatory body. (Source: “Crypto Industry Should Self Regulate, Says CFTC Commissioner,” CoinDesk, March 8, 2018.) Advertisements “I believe that a […]

Regardless of its massive electricity demands, cryptocurrency mining is captured under normal EU regulation, explained European Commissioner Mariya Gabriel on Friday. Gabriel called cryptocurrencies a “new factor driving energy demand,” which will be “kept under review” by the European Commission. Advertisements On March 9, 2018, one day after the European Commission released its FinTech action […]

ETHNews examines some of the second layer solutions currently being developed to help make blockchain technology more scalable, namely, plasma and sharding. Advertisements In January, ETHNews published an article surveying some of the major second layer solutions being explored in connection with the Ethereum and Bitcoin blockchains. This piece continues that exploration. “Second layer” is […]