#Ethereum News

Second Layer Ethereum Scaling Solution ZK Sync Launched to Rival Visa

December 6, 2019 by Ashwath Balakrishnan at Ethereum

Layer two scaling solutions have been accepted as the way forward by blockchain developers at large. Putting decentralization at risk by attempting to scale the base layer is a trade-off that doesn't make sense for this technology. ZK Sync will enable privacy and scalability by adopting Ethereum's security, the scalability...

Ethereum (ETH) 2.0 Inches Away as Testnet Shows Up on EtherScan

December 6, 2019 by Ashwath Balakrishnan at Altcoins, Ethereum

The ETH 2.0 testnet is now viewable to the public thanks to Prysmatic Labs' client and EtherScan. Prysmatic Labs is building one of the many iterations of an ETH 2.0 client and was funded by the likes of the Ethereum Foundation and Vitalik Buterin in his personal capacity. This is...

Bitcoin and Ether Market Update: December 5, 2019

December 5, 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

Total crypto market cap lost $3.9 billion of its value since the morning of Monday, December 2 and now stands at $197.5 billion. Top ten coins are all in green for the last 24 hours with Binance Coin (BNB) and Bitcoin Cash (BCH) being the best performers with 3.1 and...

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...

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....

Bitcoin and Ether Market Update: November 28, 2019

November 28, 2019 by Georgi Hristov at News

Total crypto market cap added $10 billion to its value since Sunday, November 24 and now stands at $204.4 billion. Top ten coins are mostly in green for the last 24 hours with Cardano (ADA) being the best performer with a 6.1 percent increase. At the time of writing, Bitcoin...

Reforming the Financial System with Nuo Network

November 26, 2019 by Ashwath Balakrishnan at Altcoins

One of the major themes of 2019 in the cryptosphere has been DeFi, or decentralized finance. Predominantly built on Ethereum, financial protocols aim to change the way people transact and save their money by allowing them to do so in a permissionless, overcollateralized manner. As per the Financial Express, Nuo...

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