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Living up to its new year’s resolution to support promising projects that were developed on their blockchain technology, the Ethereum Foundation announced that it has completed grants of its fourth leg of its Grants programme Wave IV, by providing nearly $3 million to over 20 projects. Scalability and Usability While the foundation has selected its grantees from five different categories…

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Fidelity Investments, a multinational financial services corporation that manages $7.2 trillion in assets announced the launch of Fidelity Digital Asset Services, a cryptocurrency custody and trading platform for institutional investors. According to a Forbes article published on October 16, 2018, Fidelity Investment’s jump into cryptocurrencies could help the broader financial industry embrace the emerging asset. Making Cryptocurrencies More Accessible CNBC…

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Civil, a media startup aiming to revolutionize journalism via distributed ledger technology (DLT), has announced the cancelation of its initial coin offering (ICO). This comes after the cryptocurrency-based fundraiser failed to generate the $8 million target, reported Fortune on October 16, 2018. Failure to Meet Soft Cap Target The media startup that focused on harnessing blockchain technology for journalism to…

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The Australian New South Wales (NSW) Government is eager to trial blockchain technology for property conveyancing because it may make the process more efficient, cheap, secure, and reliable. According to ZDNet’s article published on October 15, 2018, the NSW Land Registry will complete a proof of concept in early 2019 with the intent of shifting all form of land registry…

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In early-October 2018, reports detailing a rise in the number of empty blocks on the Ethereum blockchain came to light. Using data from the Ethereum network, data analytics firms, as well as media companies were able to confirm the presence of a disproportionately high number of blocks devoid of any data related to transactions sent over the network. Moreover, mining…

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There is perhaps no doubt that blockchain, cryptocurrency’s underlying technology, has soared in popularity over the past few years. Top colleges, including Princeton University, the University of California Berkeley and Cornell University, are now offering courses dedicated to cryptography and blockchain. Even MIT’s edX online platform hosts a variety of courses on the topic, in partnership with Berkeley and The…

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The past few years has seen the rise of several blockchain-based decentralized social networks. While the Steemit platform was one of the earliest introductions back in 2016, more recent launches have proved that traditional social media can also be revolutionized. Mastodon, for instance, is an extension of Twitter that offers moderation and the ability to run independent communities. Now, a…

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On October 11, 2018, two prominent figures spoke in front of the Senate Banking Committee to talk about cryptocurrency and how the future of both society and the digital currency will be intertwined. Two Sides of the Same Digital Coin – Crypto Rears its Head Spearheading the offense was potential 2020 democratic candidate Elizabeth Warren, who, as Forbes called it,…

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Many leading academic players including Harvard University, Stanford University, and Massachusetts Institute of Technology (MIT), have reportedly invested in crypto-centric funds. The revelation indicates the shift of interest of institutional investors towards the growing asset class. University Endowments Invest “Millions of Dollars” in Crypto As per the report published by tech news website The Information, it was revealed that endowments…

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