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The Ethereum network’s ETH 2.0 contract has crossed the threshold needed to initiate the upcoming upgrade. Currently, there’s more 694,368 ether worth over $422 million resting in the contract, as developers hope the proof-of-stake launch will begin on December 1. At the end of the first week of November, the Ethereum Foundation initiated the first […]
The post Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7 Days appeared first on Bitcoin News.
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According to a number of third party infrastructure providers, the Ethereum blockchain suffered an unintended hard fork or chain split on Wednesday. The service providers Infura, Binance, and Blockchair all reported issues with consensus at block height 11,234,873. The cryptocurrency community has been discussing an unintended chain split that took place on the Ethereum blockchain […]
The post Ethereum Suffers from Unintended ‘Chain Split,’ Few Third-Party Services ‘Got Stuck on Minority Chain’ appeared first on Bitcoin News.
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How far has the Ethereum blockchain come in the five years since its inception? We explore key developments, changes and challenges.
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U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole time. On Dec. 26, SDNY Magistrate Judge Barbara Moses refused Griffith’s […]
The post Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail appeared first on Bitcoin News.
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Ethereum Researcher Virgil Griffith sees bail denied after allegedly renouncing his U.S. citizenship via text messages to his parents
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Any revelation in the cryptocurrency industry tends to create some shockwaves. Even if that revelation has to do with funds being sold many years ago. Vitalik Buterin provided some interesting insights as to how the Ethereum Foundation managed its holdings. Vitalik Buterin Sold During the 2017 Pump During the crazy year 2017, the Foundation liquidated 70,000 Ether. This was, in hindsight, a very smart business decision given the price per ETH at that time. Interestingly enough, Vitalik Buterin is the one responsible for convincing the Foundation to take this course of action. With $100 million in liquidity at that time,
The post Vitalik Buterin Convinced the Ethereum Foundation to Sell $100m o Ether in 2017 appeared first on The Merkle Hash.
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Former Obama administration financial regulator Gary Gensler believes cryptocurrencies such as ether and ripple appear as unregistered securities, and in current violation of the law. His comments carry considerable weight in the broader financial community. They also come after venture capitalists and lawyers invested in ether projects met secretly with the US Securities and Exchange […]
The post Ether & Ripple Doomed As Securities According to Regulation Expert appeared first on Bitcoin News.
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