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 […]

Continue Reading

Ethereum Developer Virgil Griffith to Be Released From Jail Pending Trial

According to Friday’s complaint, Griffith asked for – and was denied – permission to travel to North Korea in order to give the presentation, titled “Blockchain and Peace.” Moreover, the complaint said, Griffith subsequently “began formulating plans to facilitate the exchange of Cryptocurrency-1 between the DPRK and South Korea,” despite knowing that this would violate […]

Continue Reading

Ethereum Targets Dec. 4 for Istanbul Mainnet Activation

Ethereum’s next system-wide upgrade, Istanbul, is scheduled to arrive on mainnet the week of Dec. 4. The decision was made during an ethereum core developer call on Oct. 25. Later on Friday, Danno Ferrin, blockchain protocol engineer at ethereum venture studio ConsenSys, proposed activating Istanbul at block number 9,056,000 in accordance with the targeted date […]

Continue Reading

Zcash Will Get a Gateway Into Ethereum’s DeFi Ecosystem

When cryptocurrency fans gathered in Osaka, Japan, this week for the Devcon developer conference, the halls were filled with buzz about smaller projects seeking access to ethereum’s decentralized finance smorgasbord, especially loans and financial products, via interoperability. “Connecting to other chains doesn’t seem to be an ethereum developer’s priority,” Summa co-founder James Prestwich told CoinDesk. […]

Continue Reading

Devcon Shows Ethereum’s ‘World Computer’ Is a Movement, Not a Product

If there’s anywhere in the world where it feels right to believe in magic, it’s Devcon 5 in Osaka, Japan. The ethereum community faces a daunting task: scale its blockchain ecosystem to securely support the growing demand for mainstream use cases. Thousands of technologists and passionate fans gathered at Devcon this week to grapple with […]

Continue Reading

‘Scam’ or Iteration? At Devcon, Ethereum Diehards Still Believe in 2.0

The Takeaway: Ethereum’s creators now acknowledge the blockchain wasn’t built to scale as a mainstream transaction platform. A planned reboot meant to address some of those issues, known as Eth 2, is at least two years away. There is no plan for how or when to migrate tokens and smart contracts onto Eth 2, according […]

Continue Reading

Ethereum Co-Founder Joe Lubin Joins Hyperledger Board

Joseph Lubin, co-founder of ethereum, is to join the governing board of the Linux Foundation-led blockchain consortium Hyperledger. The move comes as ConsenSys, the ethereum development startup founded by Lubin, becomes the latest Hyperledger premier member, ConsenSys announced on Wednesday. ConsenSys said it will work as part of the group to explore interoperability between blockchains, […]

Continue Reading