Transaction costs are an integral part of the cryptocurrency ecosystem. They are also one of the biggest concerns for most of the top currencies as of right now. Ethereum’s gas prices are seemingly on the rise again, which will make transactions a lot more expensive. This change is primarily caused […]
Tag: Ethereum
Cryptocurrency Hedge Fund Multicoin Capital Remains Bullish on Ethereum and EOS
Declining cryptocurrency prices make a lot of people uneasy, for obvious reasons. This is especially troublesome where the many cryptocurrency hedge funds are concerned. Even so, there is room for optimism. According to Multicoin Capital, both Ethereum and EOS are still in good places, whereas XRP and Litecoin may face […]
Why Apple’s Co-Founder Believes Ethereum Will Outlive the Blockchain Hype
Steve Wozniak, the co-founder of $913 billion technology giant Apple, has said that Ethereum is one of the few blockchain protocols that will outlive the dotcom bubble-esque blockchain hype. Only Bitcoin and Ethereum Will Survive In an interview with CNBC, Wozniak stated that Ethereum has the potential to outlive the […]
Blockchain Is a Bubble but Still Has Potential: Apple Co-Founder Steve Wozniak
Steve Wozniak has been in the technology industry for a long time, and he has seen it all. He was there during the dotcom era, and he believes that blockchain is similar to the dotcom bubble. Wozniak, who founded Apple with Steve Jobs four decades ago and has watched it become […]
2018 Thiel Fellows Include Four Blockchain Startup Founders
Every year, 20 individuals get the prestigious opportunity to have their dreams supported by the Thiel Foundation, a nonprofit organization founded by PayPal co-founder and renowned entrepreneur Peter Thiel. The winners are recognized for their courage to pursue their dreams and receive $100,000 for their companies. They also get mentorship from […]
EOS CTO Claims it Takes Three Parties to Reject Ethereum Transactions
It has become apparent that there is a lot of friendly competition among existing and new blockchain projects. In most cases, competition is a good thing, as it leads to innovation. However, the ongoing spat between EOS and Ethereum supporters is taking an interesting turn. Centralization is always a big […]
EOS Suspends 27 Accounts with No Reasons Given, Community Upset over Centralization
In a tweet, one member of an online cryptocurrency community revealed that EOS has instructed block producers to censor transactions from 27 accounts without specific reasons. The instructions read: “Pursuant to Section 3.5 of the EOS Core Arbitration Forum (ECAF) Rules of Dispute Resolution, the Emergency Arbitrator appointed to review […]
Blockchain Academic Research Bolstered by Stanford’s New Blockchain Research Center
Stanford University has launched an initiative that will be dedicated to the research and development of blockchain technology. The Center for Blockchain Research was announced on June 20 and will seek to address the legal, practical and societal challenges that keep blockchain from mainstream adoption. It will also develop a […]
Markets Rattled as Bitcoin Falls Below $6,100
Today marks a landmark decision in the MtGox debacle, where as the Japanese court approves rehabilitation of the Bitcoin exchange from bankruptcy. Despite the positive news, markets are tumbling, as many top altcoins are experiencing double digit percent losses aside Bitcoin’s decline. The ruling by the court today marks Bitcoin […]
Cboe Says ICO Market Will Come After Investors, and It’s Not Looking Good
Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. ICO Investors Could be in Trouble In an exclusive interview with Frank Chaparro from […]
Privacy-Focused Mainframe Donates 1,000 ETH to Press Foundation
Barely a day after announcing that it would be accepting cryptocurrencies as donations, Freedom of the Press Foundation (FPF) has received 1,000 ETH in its first-ever crypto donation. The donation was made by decentralized communications network Mainframe and is worth $530,000 at current market rates. Mainframe stated in a blog post […]
Decentralized Cryptocurrency Exchanges Are Finally Seeing Large Volumes, Led by IDEX
Despite skepticism from cryptocurrency traders and Ethereum users, decentralized digital asset exchanges are experiencing a rapid growth rate in terms of volume, led by IDEX, the most widely utilized decentralized application (DApp) on the Ethereum protocol. IDEX Overtakes CryptoKitties Throughout the past eight months, CryptoKitties, the Ethereum-based digital collectibles platform […]
CryptoKitties Transaction Volume and Values Decline Spectacularly
Even though the CryptoKitties project has attracted a lot of attention, it seems things are not evolving in the right direction. More specifically, there’s been an overall decline in sales, which goes to show how difficult it is to keep buyers and investors engaged for longer periods of time. The […]
Ethereum Developers Mull Releasing Casper and Sharding Together
A lot of cryptocurrency enthusiasts are looking forward to seeing how all of the major cryptocurrencies will scale. Ethereum is of special interest, and it seems its developers are looking to introduce both Casper and sharding in the same major upgrade. That would certainly get a lot of people excited, […]
What Is Blockchain 3.0?
Most of us have heard of Web 3.0, whether we’ve come across a decent explanation of it or not. The first wave of the internet (Web 1.0) was basically a one-way flow of information. We could log on, read stuff, maybe send an email. But there was no real interaction, […]
Ethereum Price: Positive Momentum Remains in Place, for now
As is usually the case on Saturday, it is rather difficult to make sense of the cryptocurrency markets. The entire top 10 is in the red, with the exception of Ethereum, For some unknown reason, the Ethereum price is still up by 1,16%. Even so, maintaining a value of $500 […]
Over $20M Worth of ETH Stolen from Misconfigured Wallets
Chinese cybersecurity firm Qihoo 360 Netlab discovered that hackers have been targeting Ethereum wallets configured with open port 8545, with one attacker pillaging over US$20 million from various victims. The attack vector used by the perpetrators exists as a feature of most Ethereum wallets in which the software has been […]
Bitcoin Is Now Accepted at a 550-Year-Old Istanbul Market
Earlier this week, a member of an online Bitcoin community revealed that a 550-year-old market in Istanbul contains merchants accepting Bitcoin. The photograph which the individual posted featured a big Bitcoin logo in a crowded part of the market that is widely acknowledged as a popular tourist destination. Positive Sign […]