Bitcoin Price Drops $380; Ethereum, Ripple (XRP) Plunge 9%

Cryptocurrency analysts had predicted that the bitcoin price was about to break away from its $6,550 peg, and those predictions came true early Thursday morning. Unfortunately for investors, though, this movement did not occur to the upside. After briefly making a push toward $6,700 earlier in the week, the bitcoin price was holding steady between …

We Haven’t Seen the Last of the Bug That Killed the DAO

More than two years after the collapse of The DAO thrust the Ethereum community into civil war, one of the bugs that caused that caused that black swan event continues to lurk in many smart contracts, waiting to be exploited by hackers. That’s according to Emin Gün Sirer‏, a computer science professor at Cornell and …

1Broker Seized, Will More Crypto Exchanges be Targeted by US Gov’t?

1Broker, a Marshall Islands-based securities dealer and bitcoin trading platform, was recently taken down by the US authorities. The FBI seized the domain of 1Broker, shutting down the platform for allegedly violating money laundering regulations and distributing securities as an unregistered dealer. The official announcement of the US Securities and Exchange Commission (SEC) read: “The …

Opera Has Built-in Ethereum Support, Browsers to Integrate Web 3.0

Opera, the fifth most widely utilized browser behind Chrome, Edge, Firefox, and Safari, has added built-in Ethereum support to its desktop app, enabling Web 3.0, an ecosystem that allows users can seamlessly interact with decentralized applications (dApps) and peer-to-peer systems on the blockchain. To utilize Ethereum-based dApps, users are required to have non-custodial wallets like …

Austria Turns to Public Ethereum Blockchain for €1.15 Billion Bond Auction

Austria will raise a total 1.15 billion euros in a federal bond auction on Oct. 2 using blockchain notarization, according to Oesterreichische Kontrollbank (OeKB), which oversees the auctions for issuing federal bonds as a neutral capital market participant for the Austrian Federal Financing Agency (OeBFA). The auction demonstrates Austria’s pioneering role in Europe for deploying blockchain …

How Ethereum Hackathons are Drastically Improving Blockchain Systems

Since mid-2017, Ethereum hackathons have been held in many major cities across the globe, to encourage the development of decentralized applications (dApps) and blockchain-based systems. ETHGlobal, the biggest Ethereum hackathon organization to date, has played a key role in facilitating the growth of the Ethereum open-source developer community, providing technical workshops, educational talks, and resources …

Ethereum Price Falls to 12-Month Low as Altcoins Suffer

Ethereum’s price fell to a 12-month low of $228.8 today, falling below the $255.05 of Sept. 17, 2017, fulfilling expectations of those who have predicted a weakening of support that ICOs have bestowed on the second largest cryptocurrency since early last year. Source: CCN Ethereum’s price has been on a roller coaster since it began …

An Ethereum ICO Investor is Moving Millions in ETH to Bitfinex

One of the first “ethereum whales” appears to be having second thoughts about the second-largest cryptocurrency’s prospects. One of Ethereum’s First Whales is Funneling Millions to Bitfinex That anonymous investor, who received more than 314,000 ETH from the network’s Genesis block as a result of their investments in the Ethereum initial coin offering (ICO), has …

Decentralized Crypto Exchange AirSwap Launches OTC Market

Decentralized exchange AirSwap is launching the framework for over-the-counter (OTC) trading product for mainnet rollout. In an update posted on its website, AirSwap said the new product would be available “exclusively to a private beta group.” Founded in 2017, AirSwap became known for offering frictionless peer-to-peer trades for ERC20 tokens to a group of primarily …

China’s ‘Dream City’ Taps Ethereum Dev. Studio ConsenSys for Blockchain Push

Government officials in Xiongan New Area have announced a partnership with Ethereum development studio ConsenSys to develop blockchain initiatives for China’s “dream city.” According to the South China Morning Post, the Xiongan government has signed a memorandum of understanding (MoU) with the U.S.-based ConsenSys to “establish Xiongan as a next-generation smart city and a leading …