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Pharma Giants Use Ethereum Network to Prevent Counterfeit Medicine

September 25, 2017 by Joseph Young at Blockchain, Business, Ethereum

Pharmaceutical giants Pfizer and Genentech, two conglomerates with a combined market cap of over $300 billion, have introduced the MediLedger project, a blockchain platform built on top of the Ethereum protocol to prevent counterfeit medicine and pills entering large-scale supply chains of pharmaceutical companies. According to Fortune, the MediLedger Project...

Vitalik Buterin Speaks Out Against Raiden ICO, Vows to Donate Advisor Proceeds to Charity

September 24, 2017 by Joseph Young at Blockchain, Ethereum, News

Vitalik Buterin, the co-founder of Ethereum, has spoken out against the initial coin offering (ICO) of the Raiden Network and vowed to use his advisor shares in other ICOs only to fund open-source infrastructures and non-profit projects. “I'm announcing that 100 percent of my OmiseGo + Kyber Network advisor shares...

Mysterium is Decentralizing VPN Services to Promote Privacy and Open Access

September 22, 2017 by Jamie Holmes at Ethereum, News, Tech

After raising more than $14 million in an ICO during May 2017, Mysterium will build a fully decentralized, peer-to-peer-based and serverless Virtual Private Network (VPN). By providing users with greater privacy and financial incentives to operate nodes, Mysterium will lift restrictions on the usage of the internet as stated by...

A laptop computer with matrix black on green binary in the background. On top the lettering says Enigma Catalyst.

Enigma Catalyst Falls Victim to Hackers

August 22, 2017 by Joe Ellis at Commentary, Ethereum, News, Tech

Hacking is a pervasive issue in the cryptosphere. With financial freedom comes the weight of responsibility, and despite their merits, cryptocurrencies are particularly unforgiving when it comes to scams and hacks. The most recent crypto venture to come under fire is Catalyst, from the Silicon Valley company Enigma.co. Catalyst is...

Microsoft’s Coco To Speed Up Blockchains for Enterprise

August 12, 2017 by Nigel Dollentas at Blockchain, Business, Ethereum, News

Microsoft, a company familiar with the cryptocurrency scene, announced on August 10 a new technology looking to speed up blockchain-based systems and make them more private at the same time on the enterprise level. Blockchains have always been very good at maintaining data integrity due to every participant in a...

Korean Buyers Take Ethereum Beyond $300 Amidst Geopolitical Tremors

August 11, 2017 by Jamie Holmes at Ethereum, News, Price Analysis

Since August 9, tensions between North Korea and the US have intensified, with South Korean traders piling money into the cryptocurrency of the second largest blockchain network, Ethereum. ETH-USD breached the $300 handle and now finds support at this psychological level; we provide an outlook for the cryptocurrency going forward....

Decentralized Autonomous Organizations (DAOs) for Charity

August 8, 2017 by Alex Lielacher at Blockchain, Ethereum, News

Speaking at an Ethereum London Meetup in June 2017, Christoph Jentzsch and Marvin Maistry discussed the potential that decentralized autonomous organizations (DAOs) hold when it comes to the charitable giving sector. DAOs refer to autonomous organizations that are run entirely on the blockchain and follow a set of rules and...

SEC Throttles “Initial Coin Offerings,” Tokens Are Subject to Securities Laws

July 27, 2017 by Michael Scott at Ethereum, News, Regulation

“It will only be a matter of time before the regulators get involved and instigate appropriate measures to ensure the man or woman in the street does not get compromised.” - Tim Lea, author of the book Down The Rabbit Hole: Discover The Power of the Blockchain. In a July...

Veritaseum Hack Proves Need for Tighter Security in ICO Market

July 26, 2017 by Alex Lielacher at Commentary, Ethereum, News

Blockchain startup Veritaseum has become the latest victim of an ICO hack. During its July 24 sale, the platform was compromised and lost about $8.4 million worth of cryptocurrency. Veritaseum is a blockchain project that seeks to utilize the blockchain in order to create smart contracts that allow for direct...

Remix Artist Collective (RAC) Releases the First Complete Music Album using the Ethereum Blockchain

July 21, 2017 by Nuno Menezes at Entertainment, Ethereum, News

It seems that Ethereum’s blockchain technology is bound to transform many of the everyday industries, such as Music. Remix Artist Collective, known as RAC, recently announced a full album release using the Ethereum blockchain. Mostly known for their innovative remixes of alternative acts like Two Door Cinema Club, Lana Del...

CoinDash Loses 37,000 ETH To Hacker During ICO

July 21, 2017 by Alex Lielacher at Ethereum, Finance, News, Tech

Israeli blockchain technology startup CoinDash is the latest company to fall victim to hackers. During its initial coin offering (ICO) launched on July 17, an unknown hacker orchestrated the heist making off with over $7 million in ether (ETH). CoinDash aims to create a blockchain asset social trading platform. For...

Matchpool’s Vision of a Matchmaking Economy on Ethereum is One Step Closer with Alpha Release

July 17, 2017 by Jamie Holmes at Altcoins, Entertainment, Ethereum, News

Matchpool, a blockchain platform which is reminiscent of a combination of Slack, Facebook and Online Dating, announced on July 17 the release of its alpha launch. Through an initial coin offering, Matchpool raised over $5 million in less than two days earlier in 2017. By allowing users to create shared...

Etherplay Digitizes Arcade Gaming, Offers Financial Reward for High Scorers

July 14, 2017 by Alex Lielacher at Entertainment, Ethereum, News

Scotland-based startup Etherplay is using the Ethereum network to power the first-ever transparent skill gaming platform built on the blockchain. The platform is reminiscent of old school arcade gaming, where gamers pay to play simple games to beat the high score. The difference is that to play you have to...

U.S. Investment Firm North Capital Launches New Ethereum Investment Fund

July 13, 2017 by Alex Lielacher at Business, Ethereum, Mining, News

Alternative investment firm North Capital announced that it has launched a new Ethereum investment fund called Proof Ethereum LCC that aims to capitalize on the growth of the Ethereum blockchain and the increase in the value of ether. Proof Ethereum will "engage in mining of ether, in buying and selling...

Zug-the-Capital-of-Switzerland’s-CryptoValley-will-use-Ethereum-based-Identity-for-its-Citizen1

Zug, the Capital of Switzerland’s CryptoValley, will use Ethereum-based Identities for its Citizens

July 12, 2017 by Christoph Bergmann at Blockchain, Ethereum, News, Tech

A little city in a Swiss valley is pioneering blockchain-based identities. The city aims to provide an Ethereum-based identity app for its citizens as early as September 2017 and use it for e-voting in 2018. Zug is one of those small but powerful cities you find nowhere else than in...

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