“We don’t want to reinvent the wheel when building [ethereum] 2.0.” Speaking to the complementary efforts of developers working on two separate upgrades to the ethereum blockchain – one dubbed ethereum 2.0 and the other dubbed ethereum 1x – Raul Jordan insists upgrades to be included in ethereum 1x on a shorter time horizon would have benefits to ongoing research …
Morgan Creek puts up a $1 million wager, inviting investors who believe the crypto market won’t outperform the S&P 500 to put their money where their mouth is, according to a CNBC report. Morgan Creek operates an index fund called the Digital Asset Index Fund, in partnership with Bitwise Asset Management. The index funds offer high net-worth investors exposure to the …
When trying to predict the future price of bitcoin, it’s impossible to do so without first looking at its past. No matter how it’s examined, the cyclical nature of bitcoin’s price action can’t be ignored especially when considering its notorious “boom and bust” cycles. If the latest plunge below the long-lasting support level of $6,000 after an explosive rise to …
A commissioner of the United States Securities and Exchange Commission (SEC) said ‘not to hold your breath’ waiting for a Bitcoin exchange-traded fund (ETF) at the Digital Asset Investment Forum held in Washington D.C. Dec. 5. Hester Peirce, dubbed “Crypto Mom” by the community for her dissent with the SEC’s decision to reject a Bitcoin ETF proposed by Cameron and Tyler …
Over the past months, the cryptocurrency market has been demonstrating bearish sentiment, with crypto prices falling to a yearly lows. This is making some blockchain companies rethink their business models and cut employees. However, the slump didn’t prevent the blockchain industry from experiencing a human resources boom, as evidenced by an active growth of vacancies associated with blockchain and digital …
Billionaire investor and venture capitalist Jim Breyer stated that despite a prolonged crypto “nuclear winter,” he still believes that the promise offered by the technology is too great for it to be permanently buried by short-term market movements. Speaking at the 2018 Fortune Global Tech Forum in Guangzhou, China, Breyer noted that while these are testing times for the crypto …
The internet was born from an ideal for information to be shared by all, with all, and was seen as the archetypal decentralized system. Today, however, commercialization by monopolistic and powerful actors has created a system in which we are shown information paid for by the highest bidders, and can only access what the wealthy and powerful permit. Giant tech …
“If we don’t stop relying on Infura, the vision of ethereum failed.” That’s how Afri Schoedon, release manager for the Parity Ethereum client, described one of ethereum’s most popular – and controversial – technologies on Twitter in October. Infura handles around 13 billion code request per day and provides a way for developers to connect to ethereum without having to …
Medici Ventures, the blockchain venture arm of Overstock.com Inc., has purchased $2.5 million in equity in agricultural blockchain project GrainChain, according to a press release shared with Cointelegraph Dec. 4. Founded in 2003, GrainChain has developed a blockchain-powered system that enables supply chain parties to track the distribution process of harvests. GrainChain’s blockchain-based financial settlement system allows producers, buyers and …
Blockchain consortium Hyperledger has launched a new tool for developers – a modular, shared cryptographic library dubbed Ursa. The Linux Foundation-led group announced Tuesday that Hyperledger Ursa will act as a repository of “trusted” cryptographic implementations, aimed to make it easier for blockchain developers within its community and the wider open-source space to avoid duplication of development efforts. The library will …
