How does ether work? Ether, like other cryptocurrencies, uses a shared digital ledger where all ether transactions are recorded....
Ethereum code editor Yoichi Hirai has resigned from his position following personal concerns that an Ethereum Improvement Proposal (EIP) over a standardized format for lost fund recovery would potentially violate Japanese law.Hirai both tweeted his resignation as well as posted a more dramatic explanation of his reasons...
By Gaurav S. Iyer, IFC Published : February 15, 2018 Ethereum News Update Earlier in the week, I predicted that...
Amid plenty of sideways trading in the cryptocurrency space since the partial recovery from the late-January sell-off, Ethereum Classic (ETC) – the original currency on the Ethereum blockchain – has rebounded to its pre-crash...
Litecoin led the cryptocurrency rally Wednesday, vaulting more than 30% as anticipation builds for the launch of payment processor LitePay and an upcoming fork of its Blockchain. X LitePay will allow businesses to accept Litecoin payments from customers anywhere in the world. It also will let users "load your card...
Mumbai based peer-to-peer cab aggregation startup, Drivezy, has raised $5 million in the first round of their Initial Coin Offering (ICO). The round saw participation from existing investors and HNIs based out of Singapore and Japan. An ICO the amalagum of IPO (Initial Public Offering) and crowdfunding. It...
By Gaurav S. Iyer, IFC Published : February 13, 2018iStock.com/Adrian BysiakEthereum News UpdateThe Commodity Futures Trading Commission (CFTC) is not the hero investors asked for, but it’s the one they got when Chairman J. Christopher Giancarlo testified before the Senate Banking Committee.Giancarlo struck a bullish tone on...
By Gaurav S. Iyer, IFC Published : February 12, 2018flickr.com/Marc van der ChijsEthereum News UpdateSomething has changed in cryptocurrency markets.In less than a week, investors have gone from agonizing over pending regulations to not caring about big announcements.For example, there was zero reaction to International Monetary Fund...
The Dublin-based Coinprism, a wallet service founded in 2014, will close on March 31.Users of the exchange platform have been urged to withdraw funds and redirect them to another wallet.The creators of Coinprism believe their offering has become obsolete in light of ethereum, according to reports.Along with bitcoin,...