Ethereum Watch

Estimated gas price on the Ethereum network has increased substantially, an issue that seems to be affecting Geth and Parity nodes. To guard against prohibitively high gas prices, users have been advised to manually lower their gas estimates. Advertisements UPDATED | January 8, 2018 After further correspondence with Griff Green, he explained that the gas […]

The combined market capitalization of all cryptocurrencies hit $800 bln on Sunday, just days after reaching the previous all-time high of $700 bln. The number is at over $825 bln as of press time and keeps growing. Advertisements Following a two-day period of sharp decline just before the New Year, the majority of cryptocurrencies are […]

The Brazilian government is seeking to move popular petitions, an inefficient electoral system of the country, onto the Ethereum network, to process hundreds of millions of votes on the immutable Blockchain network. Advertisements In Brazil, popular petitions enable over 145 mln voters across the country to come to a consensus on important political decisions. But, […]

[unable to retrieve full-text content]Source: ETHNews Advertisements

Credits:istock.com/Lightboxx Advertisements As I sit down to write this market update, Ethereum’s price is the most glaring number to report. Namely, that the average ETH price topped $1,000 for the first time ever. The crypto advanced 4.63% against the U.S. dollar, bringing the Ethereum to USD exchange rate to $1,025.07. It is a landmark moment, […]

On his social media platform, Mark Zuckerberg addresses centralization, decentralization, and cryptocurrencies. Advertisements On January 4, 2017, Facebook founder and CEO Mark Zuckerberg expressed some of his views on the social media site regarding the future of the platform, as well as decentralization and cryptocurrencies. Zuckerberg, who has made his fortune on a technologically enabled […]

The self-certification process, used by some trading houses like CBOE and CME, will be examined by regulators after cryptocurrency derivatives come under the spotlight. Advertisements Remarks made by Chairman J. Christopher Giancarlo of the Commodity Futures Trading Commission (CFTC) on this day, January 4, 2018, acknowledged “one thing is certain: ignoring virtual currency trading will […]

BitConnect has drawn the attention of regulators who want to stop it from soliciting cryptocurrency investment services to Texas residents. Advertisements On January 4, 2018, the Commissioner of the Texas State Securities Board filed an Emergency cease-and-desist order in an effort to put the brakes on investment programs offered by England-based cryptocurrency platform, BitConnect. According […]

Visa’s sudden decision to rescind services for cryptocurrency credit cards may have left some people temporarily stranded abroad without access to funds. Advertisements On January 5, 2018, WaveCrest, a card issuer working with cryptocurrency credit cards, including Bitwala, Cryptopay, Wirex, and TenX, announced that following an order from Visa Europe, it would suspend services immediately. […]

A new report from the Royal Bank of Canada (NYSE:RY) says blockchain technologies could become a $10.0-trillion ecosystem, benefiting those “protocols” at the lower end of the infrastructure pyramid. (Source: “RBC Report: Crypto and Blockchain Could Unlock $10 Trillion Market,” CoinDesk, January 3, 2018.) Advertisements Allow me to translate that into plain English. When it […]