RenBTC Quietly Goes Live in Latest Bid to Bring Bitcoin to Ethereum

The latest implementation of bitcoin (BTC) on the Ethereum blockchain quietly went live this week. There are 1.24 renBTC live on the Ethereum mainnet now, according to Etherscan. Three sources with knowledge of the project have confirmed this is the Ren smart contract, live ahead of its launch announcement. Kain Warwick of Synthetix tweeted Wednesday […]

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US, European Stocks Up but Crypto Traders Remain Cautious

American and European equity markets extended their gains on Thursday while major cryptocurrencies made only slight moves on the day. Bitcoin (BTC) was up 1 percent while ether (ETH) up by less than 1 percent. Notable 24 hour performances on CoinDesk’s digital asset board today as of 20:00 UTC include monero (XMR), up 8 percent; tron […]

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Ethereum’s ProgPoW Debate Is About Much More Than Mining

What do we talk about when we talk about progressive proof-of-work (ProgPoW) on Ethereum? On the surface, ProgPoW is a proposed update to the mining algorithm of the world’s second-largest blockchain by market cap that would theoretically favor less well-resourced miners.  At its core, though, ProgPoW has become a flashpoint for how Ethereum makes big […]

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Plasma Became Optimism and It Might Just Save Ethereum

The ethereum network is still looking to boost transaction capacity and the startup Optimism wants to lead the charge.  Since the network’s throughput is limited to roughly 15 transactions per second, ethereum can’t become a widespread platform for automating functions, like supply chain management and loans, unless it scales. So Optimism aims to use a […]

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USA vs. Virgil Griffith: What We Know (and Don’t) in the Bombshell Crypto Sanctions Case

Prosecutors appear to have a strong case against Virgil Griffith, the ethereum developer charged with conspiring to aid North Korea, legal experts say. For one thing, the mere act of giving a presentation in Pyongyang might have violated the U.S. Treasury Department Office of Foreign Assets Control’s (OFAC) sanctions, depending on what he said there, […]

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DigixDAO Votes to Liquidate $64M Treasury

A project which conducted a 2016 initial coin offering (ICO) has voted to liquidate its $64 million treasury, returning funds to investors. Project Ragnarok, a measure to return ether to ICO investors from the Digix project’s treasury – which was held independently of the company in a decentralized autonomous organization (DAO), DigixDAO – has passed […]

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Muir Glacier: Ethereum Hard Forks for Second Time in One Month

Ethereum has completed its second hard fork in less than 30 days. With the mining of block 9,200,000, the Muir Glacier upgrade has been implemented on the network. The block was mined Jan. 2 at 8:30 UTC. As of press time, 92 percent of ethereum clients were synced with the new upgrade, according to Ethernodes. […]

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Ethereum’s ‘Bazaar’ Development Model Will Pay Off in 2020

This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Ben Edgington advises on Eth2 across ConsenSys. Prior to joining ConsenSys, he was Head of Engineering for Information Systems at Hitachi Europe. My life would be much easier if […]

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