Tag Archives: Ethereum News

Ethereum Futures Inbound? CFTC Asks for Public Comment on ETH Network

Advertisement The Commodity Futures Trading Commission (CFTC) has put out a Request for Information (RFI) asking for public comment and feedback to enable it better understand Ether and the Ethereum blockchain as it seeks to expand its cryptocurrency knowledge base beyond bitcoin. In a press release dated December 11, the regulator stated that it is seeking the feedback… Read More »

Ethereum Wallets, Mining Rigs Still Targeted by Hackers at Low Prices

Ethereum has been one of the hardest hit cryptocurrencies during this year’s bear market. Its woes are nowhere near over as mining hardware has been targeted by hackers looking to cash in before prices plummet even further. In a recent report tech based news outlet ZDnet revealed that hackers have unleashed a large scale scanning network designed to… Read More »

Changpeng Zhao Likens Binance Chain To Ethereum, BNB To ETH

Binance Chief Speaks On DEX — BNB Like Ethereum (ETH)  As reported by Ethereum World News last week, Changpeng Zhao, CEO of the world-renowned crypto startup that is Binance, recently sneak peaked its most promising venture yet, the so-called “Binance Chain” and the decentralized exchange (DEX) that will be based upon it. Through the medium of a short… Read More »

Bitcoin Price Recovers 12% in 72 Hours While Traders Remain Cautious in Short-Term

Advertisement Since December 8, the Bitcoin price has increased from $3,210 to $3,588, by just about 12 percent against the U.S. dollar. In the same time frame, the cryptocurrency market added $11 billion to its valuation, avoiding a further drop below the $100 billion mark, which could have been critical for the short-term trend of the market. Most… Read More »

Ethereum Studio ConsenSys to Trim Workforce amid Bear Market Woes

Advertisement Just as Steemit had done in the previous month, ConsenSys, the Ethereum-based studio, will be laying off about 13% of its total workforce as part of a move to ‘restructure’ the company. The company, which was founded by billionaire Joseph Lubin, co-founder and early investor in Ethereum, is now looking to reorganize in a market that is… Read More »

Tron Founder Justin Sun Wants to ‘Rescue’ DApp Developers from Ethereum & EOS

Advertisement Tron founder Justin Sun has thrown a jab at Ethereum and EOS, announcing on Twitter that the company wishes to create a fund to “rescue” dApp developers working on both platforms on the condition that they move their dApps to the Tron network. #TRON will build a fund to rescue #ETH and #EOS developers from the collapse… Read More »

Market Recovers by $5 Billion but Why Are Ethereum and Bitcoin Cash Plunging?

Advertisement Over the last 24 hours, the crypto market has added $5 billion to its valuation, demonstrating a slight recovery from $106 billion to $111 billion. Despite the recovery of the market, Ethereum (ETH) and Bitcoin Cash (BCH) continue to fall in value, both recording a three percent drop against the U.S. dollar. On December 9, the Ethereum… Read More »

Crypto Hardware Wallet Trezor Adds Native Ethereum Support

Advertisement The Trezor Wallet development team has announced that the device’s beta firmware now offers native support for Ethereum, Ethereum Classic, and ERC20 tokens. In an announcement on the Trezor blog, the crypto hardware wallet manufacturer stated that existing third-party integrations such as MyEtherWallet, MyCrypto, and MetaMask, which currently enable Trezor to support these tokens, would continue to… Read More »

Ethereum Recovers 15% Within Minutes, is it Demonstrating Oversold Conditions?

Advertisement On December 8, within 15 minutes, the Ethereum price increased by more than 15 percent against the US dollar. Several traders expected Ethereum (ETH) to experience a short-term corrective rally after it dropped to a yearly low at around $82. A Local Bottom Prior to its price drop, a prominent technical analyst with an online alias “The Crypto… Read More »

Ethereum Constantinople To Launch In Jan. 2019, ETH Surges 10%

Ethereum Constantinople Blockchain Upgrade Nearing Activation As reported by Ethereum World News in early-October, after developing Constantinople for months, the Ethereum core development team decided to take the blockchain upgrade to the network’s Ropsten testnet. At the time, the developers believed that if the test succeeded, Constantinople, a protocol that will decrease block rewards and divert ASICs,  would… Read More »