Global: Ethereum Seeks to Prove a Crypto Fork Need Not Be Contentious

Bloomberg
The term “fork” has acquired a negative connotation in cryptocurrency circles lately. A November software upgrade of the Bitcoin Cash network wiped out nearly half its market value. Yet for Ether investors, a pending update should be good news. On Wednesday,...

Global: Coinbase Says Ethereum Classic Attack Included $500,000 in Double Spends

CCN
Contradicting reports from the Ethereum Classic camp, cryptocurrency exchange giant Coinbase announced this afternoon that the apparent ETC blockchain reorganization attack had been accompanied by around half a million dollars in double spends. According to Coinbase, the firm first identified the...

Global: Inside Ethereum’s Plan To Reduce Energy Consumption by 99%

CCN
Ethereum intends to move to proof-of-stake in the future. Making a move to POS will supposedly cut the energy consumed by a hundredfold, or around 99%. There have been repeated claims that cryptocurrency uses too much energy and is therefore...

Global: Ethereum Recovers to the Second Position, Displacing XRP Ahead of Scheduled Fork Upgrades

Ethereum has surpassed XRP as the second largest virtual currency in the market after several weeks without being in this position. XRP experienced a good performance against ETH back in November when the market dropped. At that time XRP remained stable and...

Global: What’s Behind The Ethereum Price Surge?

Although many are impressed by Bitcoin’s stellar performance in the past week, with the asset moving from a year-to-date low at $3,150 to a multi-week high of $4,200 within a few days’ time, Ethereum outperformed the flagship cryptocurrency within the...

Global: Ethereum Remains One of the Most Popular Blockchain Networks

The Ethereum Network remains one of the most popular blockchains for new cryptocurrencies and crypto-based apps thanks, in part, to its smart contracts capabilities, and new data for 2018 suggests a network wrought with projects and growing trust amongst...

US: Ether Futures Likely Stalled as CFTC Launches Review of Token

Crypto enthusiasts cheered in June when the U.S. Securities and Exchange Commission removed what traders believed was a major hurdle to Ether joining Bitcoin in the futures markets. Another regulator, the Commodity Futures Trading Commission, dampened some of that...

US: Signature Bank Launches Ethereum-Based Payments Solution for Institutional Clients

The New York-based commercial bank has created a payments solution that is powered by a permissioned version of the Ethereum blockchain. Signature Bank, a New York-based full-service commercial bank, has partnered with trueDigital Holdings, LLC, a New York-based global...

Global: Ethereum’s Price Briefly Collapsed from $100 to $13 on Coinbase Pro

TNW
Another day, another mad cryptocurrency anomaly. For a brief moment, the price of Ethereum on Coinbase Pro (formerly known as GDAX) collapsed from almost $100 down to a measly $13. The incident took place at around 6 AM UTC. Since then,...

Global: Ethereum Adoption in Developing Countries Rising Exponentially: Lubin

NEWSBTC
Ethereum has been one of the worst performing cryptocurrencies this year. But, as a technology, the project is going places. Joseph Lubin, the co-founder of the Ethereum project, recently stated about how the Ethereum blockchain ecosystem is gradually improving the financial...

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An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...

OKEx Is Fighting back Against Amber AI’s BCH Settlement Allegations

In their public response on Monday, OKEx outlined several issues with the Amber AI complaints, expressing that “These are completely false allegations and the defamatory statements have caused serious damages to OKEx’s reputation.” The cryptocurrency exchange laid out their arguments, focusing on 3 main points that present that not only did the cryptocurrency exchange act in the best interest of their customers, but that Amber AI has no right to a lawsuit in the first place. 1 – Amber AI is not a customer. According to OKEx, “We do not have an institutional client profile named Amber AI, while Amber AI claim themselves as a Hong Kong-based company. We do NOT serve any customer in Hong Kong, in respect of the local laws and regulations. The OKEx account that Amber AI claimed managing is an individual account, which is not a Hong Kong resident or entity on the report of the KYC information” 2...

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...