#Ethereum News

China’s Ban on EtherScan Is a Sign of Things to Come

December 4, 2019 by Ashwath Balakrishnan at Ethereum

EtherScan, the most widely used block explorer for the Ethereum blockchain, has been flagged and banned by China's "great firewall". CoinDesk reported that Greatfire.org, a complication of all websites banned by China's firewall, had EtherScan added almost a month ago, December 3, 2019. This is most definitely a signal for...

How Synthetix Bootstrapped Liquidity and Built a Community in Under a Year

December 3, 2019 by Ashwath Balakrishnan at Ethereum

Synthetix is currently one of the most valuable products in Ethereum's open finance stack and ranks 2nd in terms of total value locked in the protocol with a whopping $175 million. From just under $2 million locked at the beginning of March 2019, when the staking yield kicked in, to...

United States: Ex-Ethereum Foundation Member Virgil Griffith Indicted

Judge Rules Virgil Griffith Must be Released From Jail After Bond Amount Is Posted

December 3, 2019 by Ashwath Balakrishnan at Ethereum

Virgil Griffith, an Ethereum Foundation employee, will be released from custody pending trial after the bond for his bail is posted. As per Coindesk, his lawyer, Brian Klein, believes this process will take a few weeks, December 3, 2019. This saga has brought out polarising views from across the cryptocurrency...

Bitcoin, Ether, and XRP Weekly Market Update December 2, 2019

December 2, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, News, News Digest, Price Analysis, Price pages, Ripple, Stablecoins, Top Coins For The Week

The total crypto market cap added $20.2 billion of its value during the last seven days and now stands at $202.4 billion. The top 10 currencies are all in green for the same time frame with EOS (EOS) and Cardano (ADA) being the best performers with 13.7 and 10.5 percent...

Ethereum Foundation Researcher Arrested by FBI for Allegedly Helping North Korea Evade U.S. Sanction

November 30, 2019 by Ashwath Balakrishnan at Ethereum

Virgil Griffith, a research scientist with the Ethereum Foundation and citizen of the United States, has been arrested under the International Emergency Economic Powers Act in line with the accusation that Griffith helped North Korea understand how they can use cryptocurrency to evade United States economic sanctions on their country....

South Korea: Crypto Exchange UpBit Hacked; Reports $51 Million Ethereum (ETH) Withdrawal

November 27, 2019 by Anthonia Isichei at Ethereum

Major South Korean cryptocurrency exchange, UpBit, announced that over 340,000 worth of Ethereum (ETH) was transferred to an anonymous wallet. While the exchange did not explicitly mention a hack attack nor specify how the withdrawal was done, the company pledged to cover up the missing funds. UpBit Crypto Exchange Possibly...

Difficulty Bomb Sees Ethereum Block Rewards Drop by 1,000 ETH

November 22, 2019 by Anthonia Isichei at Ethereum

Block reward on the Ethereum network is currently down by 1,000 ETH amid a slight increase in block time, signaling the emergence of yet another ‘difficulty bomb.’ Miners, dApp projects, and hodlers will have some decisions to make regarding the difficulty bomb even as Ethereum moves towards a pivot to...

Bitcoin and Ether Market Update: January 9, 2020

Bitcoin and Ether Market Update: November 21, 2019

November 21, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, News, News Digest, Price Analysis, Price pages

Total crypto market cap lost $14.2 billion to its value since Monday, November 18 and now stands at $220.1 billion. Top ten coins are mostly flat for the last 24 hours with Binance Coin (BNB) losing 2.6 percent of its value. At the time of writing bitcoin (BTC) is trading...

As ETH 2.0 Edges Closer, Ethereum Prepares for Istanbul Hard Fork

November 20, 2019 by Ashwath Balakrishnan at Ethereum

The Ethereum network will be undergoing a network upgrade, or a hard fork on approximately December 7, 2019, at block number 9,069,000. All node operators and miners are requested to upgrade their node clients to account for variable block times. Users holding ETH on exchanges or wallets need not take...

Gods Unchained Records Higher Usage than CryptoKitties, Ethereum Network Remains Unclogged

November 20, 2019 by Ashwath Balakrishnan at Ethereum

It wasn't too long ago that CryptoKitties fever went overboard and crashed the entire Ethereum network with an unfathomable number of transactions. In a recent Twitter thread, Coin Metrics explains how Gods Unchained, a digital card trading game, has surpassed CryptoKitties in transaction volume without being a burden on the...

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