Category: Ethereum news

Blockchain news

Can Infura Bury Down The Entire “Old” Ethereum Network?

Yes, do not be surprised at such a question. The fact is that three months ago, the advertised infrastructure platform Infura, which serves the Ethereum network, leaves many questions behind its work. And regarding the work with the code and protocols, and regarding the work with data transfer in the network (no, not the speed problem, but in sending protocols). One of the well-known Ethereum specialists, Afri Schoedon, said at the end of October that without the work of Infura, the entire network could collapse. And then developers will have two ways – “either create a lighter and new network”,

Ethereum news

Etherscan Connected EthValidate Function

Ethereum developers are trying to save its reputation, and also investors’ interest, which are clearly disappointed by current cryptocurrency condition. The best minds of the Ethereum team continue developing new ideas actively. Recently, the developers of the project EtherScan presented a new function, dubbed EthValidate. Validate Etherscan’s transaction with Infura, MyCrypto, and MyEtherwallet https://t.co/9Nkyq8pzWS — Kaven Choi (@kvrncqc) December 3, 2018 The main objective of this tool is to monitor transactions, addresses, and tokens from such hubs as MyCrypto, MyEtherWallet, and Infura. In the perspective, this solution should expand the range of opportunities from all service’s users, and also increase

Ethereum news

Ethereum Whales Increased Their Holdings by 80% in 2018

Analysis of the data provided by TokenAnalyst allowed Diar to assert that Ethereum whales continue to accumulate ETH. Despite the stagnation of the market, whale’s wallets were replenished by 80% from January to November 2018 and now they control $2,3 billion in ETH, which is about ⅕ of Ethereum’s total circulating supply. According to the data, the top 500 Ethereum wallets continue to increase their balances: 5 million ETH at the beginning of 2017, 11 million ETH at the beginning of 2018, 20 million ETH at the end of November. Researchers believe that this growth is largely due to the

Altcoin news

Trezor Wallet Starts Native Support For ETH, ETC And ERC-20 Tokens

The manufacturer of hardware wallets for storing cryptocurrency Trezor plans to expand the range of supported digital assets. The team said it will add native support specifically for Ethereum, Ethereum Classic and ERC20 tokens. As stated in the text of the corporate blog, these cryptocurrencies have been supported by Trezor hardware devices for quite a long time. But now the development team, which used to have the help of developers from MyEtherWallet, MyCrypto and MetaMask, will be able to independently support the specified cryptocurrencies. Also, Trezor notes that these extensions are also available to owners of its devices and will

Blockchain news

Simplicity As A Smart Contracts’ Cure: A New Programming Language To Be Available For Crypto-community

The company Blockstream, which is engaged in development in the field of digital technologies, has laid out in open access to the source code of a new programming language for smart contracts. The language was called Simplicity. As its creators claim, the administration and management language are fairly simple to write and use. Earlier, on December 13, 2017, the development team released its WP. The document very clearly specifies the rules of work and promotions as a new programming language is created for active work with smart contracts. Later, 10 months later, a report on the introduction of the first

Ethereum news

Unhappy End: Ethereum Classic Development Team Ceases The Existence 

ETCDEV, the Ethereum Classic project team (ETC), announced it will cease the operations. The reason for the collapse of the team were problems with the financing of the further work of developers. As the ETCDEV team reported on Twitter, ETCDEV had difficulty several weeks ago due to a falling market and a shortage of funds for the project. In addition, after the message, the team conducted a survey on the fact of assistance in financing. More than 61% of respondents refused to provide financial support to the ETCDEV team. “We turned to investors in the ecosystem and external sources. We

Altcoin news

OKEx Is On Fire: Crypto-plaftorm To Launch a New Derivative

OKEx Digital Asset Exchange continues to change its policy. Now the main focus of the work site – making a profit. This allowed the exchange to launch a new derivative product – a perpetual swap, which brings it closer to providing a full set of financial crypto products. According to the OKEx press release, a perpetual swap is a virtual derivative intended for transactions between private individuals. The product will allow investors to trade the cryptocurrency rate. A perpetual swap works like futures, it has no expiration date and it takes place every day, which allows traders to withdraw their

Ethereum news

Sorry, Vitalik: Ethereum ICO Reserves To Decrease By $17.7 Million

November 2018 was the third month of this year (after January and September) by the withdrawal of funds. This month, the developers of ICO-projects have withdrawn more than 170 thousand ETH ($ 17.7 million) from their reserves. According to the report of the Diar analytical company, over 100 thousand ETH (about $ 10.4 million) were brought out by developers in the last week alone. The study also notes that since the beginning of the year, ICO-reserves have decreased by only 22%. Analysts noted, that in November the price of 60% of tokens, traded on the largest crypto-exchanges, fell compared with

Ethereum news

Vitalik Buterin: How (Not) To Use Blockchain

During the Ethereum developers conference Devcon4, which was held in Prague from October 30 to November 2, 2018, Vitalik Buterin, one of the creators of the third largest cryptocurrency by capitalization in the world, shared his opinion on the blockchain applications, criticized the IBM blockchain, talked about books and plans for the future. Buterin continues to see Ethereum as a “world computer”, in his opinion this is quite a good analogy, but the definition of Ethereum as “an arena where we can play positive-sum games,” given by Virgil Griffith from the Ethereum Foundation is also satisfactory. Discussing the use of

Bitcoin news

Crypto Whales Continue to Sell Their Digital Assets

Crypto whales continue the third largest selloff of cryptocurrency in the history of the industry. Just today, another 2048 BTC (about $8 million) and 17723 ETH (about $2 million) went to such major exchanges as Bitfinex and OKEx. Here you can see the first and second BTC transactions, and then check the ETH transfer. Craig Wright, a “self-proclaimed Satoshi Nakamoto”, said in his Twitter about his desire to dump Bitcoin as part of the hash war that followed the Bitcoin Cash hardfork. Craig himself in this war stands on the side of Bitcoin Satoshi’s Vision (Bitcoin SV). At the same

Altcoin news

Cryptocurrency Market Review, November 24: Bitcoin Stands Firm, XRP And Ethereum Have Little Hangover After Black Friday

Today, on Saturday, November 24, Bitcoin holds a $4,300 level, while XRP and Ethereum drop in value. Bitcoin after the hard week begins a weekend with a positive start. At press time, Bitcoin price is $4 318,36 (+0.41%). BTC Market cap is $75 101 032 959B. XRP after a Black Friday on the market plunged by 1.33% to $0,40. Ethereum continues its drop, by slumping 1.26% to $123,02. While crypto community still chooses between BCH ABC and SV, Bitcoin Cash jumped for 2.14% to $204,66. Stellar still cannot restore his previous level of $0,25-0,29. Its current price – $0,179 (-1.94%).

Altcoin news

EXMO Crypto Platform To Reduce Fees For Payment Systems

The cryptocurrency exchange EXMO has announced a reduction in commissions for AdvCash, Visa / MC, Qiwi, Payeer and Jeton payment systems. According to the official message of the crypto platform, these changes came into force on November 22. Also, the EXMO team will use the new commission system for all those operations that pass the exchange verification. Now the platform has a flexible commision system. So, for those who deposit funds into the platform in Russian rubles (RUB), the following commissions are entered: for entry into Visa / MC – 4.45%, for Qiwi – 4.95%, for withdrawal – Visa /

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