Open Heart Surgery: Inside Ethereum’s Crucial Replacement of the EVM The virtual machine that allows ethereum to compute everything in a decentralized way is getting a massive overhaul. At the heart of ethereum lies a virtual computer. Stored across tens of thousands of nodes that make up the platform, the ethereum virtual machine, or EVM, is responsible for executing the countless tokens,dapps, DAOs and digital… Read More
Bitmex Accused of Manipulating Ethereum’s Price A crypto trading exchange with eye-watering margins of 100x has angered ethereans after Bitmex’s CEO, Arthur Hayes, appeared to tell his customers, under an official Bitmex account, to short eth. Hayes then goes on to use some very colorful and highly professional language in contrast to his public tweet which said: No punting here, but… Read More
There’s a Problem With Crypto Funding – And Vitalik Just Might Have a Solution There are free-riders in the cryptocurrency ecosystem. At least, that’s the contention of a new paper, shared with CoinDesk on Monday, written by ethereum founder Vitalik Buterin,Microsoft researcher Glen Weyl and Ph.D. of economics at Harvard, Zoë Hitzig. And free-riders pose a problem. Described in the paper, free-riders are people or businesses that profitfrom the… Read More
Ethereum co-founder Vitalik Buterin speaks on ‘collapse of ETH’ Ethereum community got all curious and agitated after Tech Crunch published an article on Ethereum – ‘collapse of ETH is inevitable’. Number of questions and doubts popped up and to answer it all co-founder Vitalik Buterin wrote a post giving an insight about it. Surprisingly, he agrees ‘collapse of ETH is inevitable’, at least for… Read More
Another hack rocks cryptocurrency trading: Bancor loses $13.5 million This week, the start-up said that a wallet being used to ‘upgrade’ smart contracts was compromised. This wallet was then used to withdraw $12.5 million in Ethereum (ETH), alongside $1 million in Pundi X (NPXS) and $10 million in Bancor Network Tokens (BNT). Bancor says that once the compromised wallet was identified the company was… Read More
SEC announces cryptocurrency ether is not a security Are bitcoin and ether securities? Finally, one of the biggest questions and debates in crypto has been answered by the SEC, officially. In an announcement at Yahoo Finance’s All Market Summit: Crypto in San Francisco on Thursday,the U.S. Securities and Exchange Commission Director of Corporate Finance William Hinman said that the commission would not be… Read More
Ethereum “Giveaway” Scammers Have Tricked People Out of $4.3 Million The EtherScamDB website was created by the team behind the MyCrypto wallet service for the purpose of tracking various types of online scams centering around the Ethereum platform and associated cryptocurrencies and assets. For the past few months, the website has been inventorying various types of Ethereum scams, such as classic phishing sites that imitate… Read More
Cryptocurrency Trading App Taylor Loses 2,500 ETH in $1.5M Hack Cryptocurrency trading app Taylorsuffered a catastrophic hack on May 22 that resulted in the loss of over 2,500 ETH, valued at $1.5 million. In addition, the trading platform lost 7% of the total TAY token supply, potentially crippling the development of the trading software. According to the official statement, the only tokens that remain in… Read More
ZeppelinOS, a platform for smart contract applications in Ethereum Today we’re excited to announce the first mainnet release of ZeppelinOS, a platform for developing, managing, and operating smart contract applications in Ethereum. You can start using it right now at zeppelinos.org. Until now, it was difficult and costly to fix problems in smart contracts. Hundreds of millions of dollars were put at risk because… Read More
The Ethereum-blockchain size has exceeded 1TB, and yes, it’s an issue This is not about archival nodes. This is about about staying in sync, after the fact. My Argument: Ethereum’s runaway data directory size is just the tip.My Prediction: It will all work, until it doesn’t.My Suggestion: Transpose. My Argument: Ethereum’s runaway data directory size is just the tip. My Prediction: It will all work, until… Read More