Ethereum Watch

Shortly before the FY 2017 tax filing deadline, Ripple contributed approximately $29 million worth of its XRP to DonorsChoose, a 501(c)(3) nonprofit organization. Depending on how the Internal Revenue Service approaches XRP, Ripple – the effective creator and steward of the tokens – could be eligible for a large tax deduction, though the implications of […]

Spanish banking giant BBVA has completed a pilot that issued a €75 million ($91 million) corporate loan using two different blockchain technologies. Advertisements According to a report from the Financial Times on Thursday, the bank’s latest exploration of the technology focuses on the entire issuance process, including negotiation of terms and signing the corporate loan. […]

Parity Technologies issued a statement Thursday stating it has no plans to move forward with a code change that would result in an ethereum blockchain split. Advertisements Named EIP-999, the contentious code change would recover the $264 million lost due to a code fault in Parity wallets in November 2017. Signed by co-founder of the […]

Many blockchain enthusiasts like to describe the technology as a tool that will allow users to seize self-determination. Meanwhile, one blockchain firm appears poised to play ball with Faure Gnassingbé, who is widely considered to be a dictator. Advertisements Two days after announcing that cryptocurrency exchange Binance would, along with partners, “support Uganda’s economic transformation […]

Regional authorities have joined the effort to bring cryptocurrency exchanges into compliance with Japanese law. Advertisements On April 25, 2018, cryptocurrency exchange platform “Everyone’s Bitcoin” (みんなのビットコイン) published a notice (Japanese) regarding a business improvement order, which it recently received from the Kanto Local Finance Bureau (a regional department of Japan’s Ministry of Finance). “We take […]

Germany’s VPE bank, in a partnership with FinTech firm solarisBank, has become the first in the country to offer cryptocurrency trading to institutional investors. Advertisements WertpapierhandelsBank AG (VPE) a traditional securities trader headquartered in Germany, has announced the expansion of its brokerage offerings to include cryptocurrencies for institutional investors. The BaFin-regulated bank is the first […]

Bitcoin (BTC) is trading below $9,000 today, as the market dips significantly after two weeks of gains, Coin360 data shows. Advertisements BTC is currently trading around $8,848 after reaching $9,708 at one point earlier today, now down around 5 percent over a 24 hour to press time. Advertisements Ethereum (ETH) is back below $700, trading […]

Hong Kong-based OKEX, the third largest cryptocurrency exchange in the world by trade volume, suspended all ERC20 token deposits April 25 after the discovery of what developers say is a “new smart contract bug.” Advertisements In a blog post, the exchange confirmed that the bug, called BatchOverFlow, was allowing malicious parties to “generate an extremely […]

Ethereum may be on the brink of a blockchain split. Advertisements At least, that was the mood at a meeting of top ethereum developers late last week where a discussion around a code proposal called EIP-999 led some to speculate that the creation of two competing blockchains is now a possibility. Indeed, it’s now believed the […]

Function exploits found in electronically distributed code contracts of ERC20 tokens have caused a flurry of concern at cryptocurrency exchanges. While no vulnerabilities have been detected in the ERC20 token standard itself, several cryptocurrency exchanges have taken precautionary measures due to the findings. Advertisements Two recently discovered vulnerabilities in some EDCCs (also called smart contracts) […]