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ETH

cryptocurrency December 4, 2017

Venezuela’s president has announced that his country will issue cryptocurrency backed by reserves of oil and other natural resources. Advertisements Venezuelan President Nicolás Maduro announced in a televised December 3 speech that his country will issue a cryptocurrency called “Petro,” the value of which will be backed by “the nation’s natural riches,” including gold, oil, […]

cryptocurrency December 4, 2017

The United Kingdom is working to bring cryptocurrency trading platforms and wallet providers under the auspices of European Union regulation. Advertisements The government of the United Kingdom is discussing cryptocurrency-related amendments to the European Union’s 4th Anti-Money Laundering Directive. Responding to an inquiry from MP Chris Evans (Islwyn) on the UK Parliament website, Stephen Barclay, […]

cryptocurrency December 3, 2017

At a Blockchain conference hosted in Taipei, Ethereum Co-founder Vitalik Buterin outlined the long-term roadmap of Ethereum development. Advertisements According to Buterin, most of the underlying issues of the Ethereum Blockchain network fall under the following categories: scalability, smart contract safety, consensus protocol and privacy. Several network updates including the most recent Byzantium hard fork […]

cryptocurrency December 3, 2017

Cute, cuddly kittens are taking over the Ethereum network, and are presently responsible for 4% of the transactions taking place on the so-called “world computer.” That’s right, the smart contract platform that could potentially disrupt multiple industries is now playing host to a viral cat game. Advertisements The game, CryptoKitties, launched just a few days […]

cryptocurrency December 3, 2017

Key Highlights ETH price after a dip found support near the $390 level and moved higher against the US Dollar. There is a crucial bullish trend line forming with support near $415 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might correct once again towards the trend line or $420, but […]

cryptocurrency December 3, 2017

The interests and pasts of two superior programmers; the future of mass adoption; and the unsung fuzzy hero of the Byzantium hard fork. ETHNews sat down with two members of the Ethereum Foundation to discuss why Ethereum should be more like ordering coffee on two different continents. Advertisements Ethereum is currently in a unique stage […]

cryptocurrency December 2, 2017

Some popular tax havens, including certain Caribbean island nations, may be seeking “crypto haven” status as well. Advertisements The governments of several regions that are widely considered to be tax havens have discussed the possibility of stepping into the world of blockchain technology, including through regulation and non-monetary forms of innovation. Others, notably the British […]

cryptocurrency December 2, 2017

Tezos co-founders Arthur and Kathleen Breitman are reportedly hoping to use money raised in the company’s token offering to pay their legal bills as they defend themselves against class-action lawsuits alleging fraud and the sale of unregistered securities. Advertisements According to a December 1 Reuters article, Arthur and Kathleen Breitman, the married couple who founded […]

cryptocurrency December 1, 2017

The forgetfulness of markets never ceases to amaze me. Advertisements At the start of the week, cryptocurrencies were the dream asset class. Their endless upside and instant time horizons made it seem like anything was possible. But now that crypto prices have stumbled, investors are afraid the entire project will collapse. ETH prices fell 3.47% […]