Ethereum Watch

The 40 percent month-on-month decline of ethereum’s ether cryptocurrency has pushed the long-term price floor down to $300, the technical charts indicate. Advertisements As of writing, the world’s second largest cryptocurrency by market capitalization is changing hands at $534, as per CoinMarketCap. Stepping back, ether’s sharp reversal from the Feb. 6 low of $555 (prices […]

A TechStars-incubated startup has launched what looks like the first production-ready platform designed to increase the capacity of ethereum. Advertisements Called Loom Network, the little-known company is today releasing a developer toolkit that makes it possible to deploy scalable ethereum apps on the second-largest cryptocurrency network, effectively leapfrogging ongoing efforts such as Raiden Network and Plasma. […]

ConsenSys, the New York-based blockchain application startup, has announced today it is partnering with TrueDigital, a new affiliate of online interest rate swap marketplace trueEx, in an effort to develop a benchmark price for ethereum’s ether cryptocurrency. Advertisements According to an announcement, the two firms are planning to design a target reference index for the […]

In a surprise appearance at the ethereum community conference EthCC in Paris Friday, ethereum founder Vitalik Buterin presented a scaling solution for Plasma, a system of smart contracts that seeks to increase the computational potential of the world’s second-largest blockchain. Advertisements Created by Buterin and Bitcoin Lightning Network co-creator Joseph Poon last year, the scaling […]

Ethereum’s moon math is showing signs of coming back to earth. Advertisements Such was the feeling at EthCC, an ethereum developer conference in Paris, Thursday, where a dedicated privacy track struck a somber note compared to years past. Indeed, despite a software upgrade in October that saw improvements built to pave the way for confidentiality, […]

Comcast is banking on a world with multiple blockchains. Advertisements Revealed exclusively to CoinDesk, the venture arm of the telecommunications giant is leading a $3.3 million seed investment in Blockdaemon, a New York City-based startup that creates enterprise software for interacting with a wide range of blockchains. While Blockdaemon has so far allowed its clients […]

At the beach, they say, all your troubles melt away. Advertisements But that’s not entirely the case for researchers who spent part of this week at the Financial Crypto 2018 conference on the Caribbean island of Curacao, discussing the decentralization of the two largest crypto protocols, bitcoin and ethereum – or where they’re lacking in this regard. […]

The ethereum community has broken its silence over a move to better facilitate the return of funds lost on the platform. Advertisements In wake of the departure of ethereum developer Yoichi Hirai, who resigned from his role supervising the software’s changes Thursday, community members have stormed Github in resounding rejection of the controversial proposal over […]

Notable ethereum stakeholders are joining forces to create a fund for projects building on the world’s second-largest blockchain. Advertisements Called the Ethereum Community Fund (ECF), the effort is the result of a collaboration between Cosmos, Golem, Global Blockchain Labs, Maker, OmiseGo, Raiden and Tendermint, with those involved agreeing to work to connect ethereum projects with companies […]

Lightning is spreading across the cryptocurrency landscape. Advertisements Originally designed for use on bitcoin, the world’s largest cryptocurrency by market size was also the first to implement the concept, touted as a way to make transactions faster and cheaper by moving them to a layer above the blockchain. But with scalability emerging as a pressing issue across the […]