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BITCOIN PRICE: 3,433.90     HIGH: 3,440.00     LOW: 3,180.00

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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: The DAO

Ethereum: A Retrospective of the First 3 years

Category: Altcoins, Business, Development, Ethereum, Finance, Mining, News, Platform

Ethereum: A Retrospective of the First 3 years

On July 30, 2015, Ethereum was launched by co-founders Vitalik Buterin and Joe Lubin. Three years on it has become the second biggest cryptocurrency in the world as well as creating an extensive blockchain landscape for all newcomers. A Constellation of Value Ethereum created a constellation of businesses branching off of its platform hosting over 700 tokens and more than…

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Ethereum Hard-fork Implemented Today to Reverse DAO Dilemma

Category: News, Tech

Ethereum Hard-fork Implemented Today to Reverse DAO Dilemma

At around 14:30 UTC today, the 192,00th block of the Ethereum blockchain was mined, signalling a switch to a new blockchain in which the misappropriated DAO funds are returned to the original investors. It is an important milestone for the nascent blockchain, but the implications over the long run have yet to be realized. The news is being met with…

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Sellers Dominate ETH-USD Trading as Uncertainty Lingers

Category: News, Price Analysis

Sellers Dominate ETH-USD Trading as Uncertainty Lingers

ETH-USD is currently down over 3 percent on the Kraken exchange, trading at $12.04536 at the time of writing. Even though a ‘hard-fork’ has been proposed to address the attack on The DAO, uncertainty over the outcome of this solution has plagued the market and seen sellers dominate. Exchanges will hold a lot of power once the hard fork comes into…

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DAO Wars: Patch Implementation to Decide Next Steps for The DAO

Category: News, Tech

DAO Wars: Patch Implementation to Decide Next Steps for The DAO

The developers of Ethereum, a decentralized platform for applications, have given the community a chance to decide whether the Ethereum network should temporarily freeze the funds handled by the DAO in its version 1.4.7 of Geth (“Dao Wars”). The DAO, also known as the distributed autonomous organization, had more than 3 million ETH removed from its stores on June 17….

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Ethereum Community Considers Solutions as ‘Hard-Fork’ Debate Rages On

Category: Commentary, Ethereum, News, Tech

Ethereum Community Considers Solutions as ‘Hard-Fork’ Debate Rages On

Following the attack on one of Ethereum’s main applications, the DAO, where $50 million worth of ether (ETH) was moved to another entity, a debate about the proposed solutions has raged on in the community. The DAO is a digital pool of funds governed by code and the latest responses to a proposal to change the underlying code have drawn…

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