Cryptocurrency Financial News
Blockchain firm MouseBelt has launched its Blockchain Accelerator initiative at UC Davis, UCLA, and UC Santa Barbara, as well as other California universities. The initiative will span from undergraduate to PhD-level programs, specifically focusing on blockchain project development.
In an attempt to make the Ethereum network more accessible, the Ethereum Foundation has announced a plan to translate Ethereum-related resources into 15 different languages, starting with Ethereum.org and moving to “important community resources like documentation, guides, blog posts, and more.”
Along with posting videos showing the account unfollowing Tron CEO Justin Sun and the Winklevoss brothers, the mystery person (or persons) behind the @Bitcoin Twitter account also purged all tweets relating to Bitcoin Cash.
With the addition of 10 crypto projects, the Messari Disclosure Registry, which launched in November 2018, now has 53 total members, including 4 of the top 100 cryptocurrencies by market cap.
Ethereum core developers have agreed on six code changes, tentatively set to be executed on the Ethereum mainnet in October.
User numbers have been down for decentralized prediction market platform Augur since its initially promising launch in July 2018. The platform aims to release a new-and-improved version by late September.
The Icon Foundation is preparing to turn its network into a delegated proof-of-stake system that will see ICX coin holders and a group of 100 representatives become a governing mechanism dubbed ICONSENSUS. As part of the soon-to-be upgrade, the Icon Foundation is giving away $570,000 of ICX coins to encourage new users to sign up for the pre-voting period where the 100 representatives will be elected.
Aya Miyaguchi, executive director of the Ethereum Foundation, has been appointed by the Enterprise Ethereum Alliance to help drive the organization’s “Mainnet Initiative,” which will work to show businesses how to adopt and use blockchain tech.
The domain name registry system fTLD Registry Services announced that it’s looking to restrict crypto companies from using .bank and .insurance domain extensions in an attempt to “further secure these trusted spaces” following an uptick in crypto firms applying for .bank domain names.
A group of blockchain startups have formed the Proof of Stake Alliance to educate regulators on blockchain tech and the proof-of-stake consensus algorithm, as well as lobby for clearer taxation policies on staking rewards.
This Tuesday, the Senate Banking Committee will convene to discuss current and potential crypto regulation plans. During the hearing, Circle CEO Jeremy Allaire will testify on behalf of the Blockchain Association and ask that Congress treat digital assets as their own asset class.
Natalia Ameline, co-founder of the educational nonprofit CryptoChicks and Vitalik Buterin’s mother, has held hackathons from Pakistan to Toronto and is working to set up CryptoChicks’ next event in the Bahamas in August.
According to data from Etherscan, the More Gold Coin project has airdropped its token to over 360,000 addresses, clogging the Ethereum network and causing gas fees to rise to 20 gwei, or about 10 cents.
Telecom giant Verizon has posted an assortment of job openings for blockchain developers, with information regarding the possibility of a customer-facing, blockchain-based privacy, security, and payments system.
As Ethereum’s hashrate remains 42% lower than its highest point in August 2018, the network leaves itself open to a 51% attack while the blockchain’s community continues to struggle with in-fighting.
EIP-2025 would see a .0055 ETH increase to the network’s block reward for 18 months to help fund Ethereum projects, but members of the community think it would do more to ruin the ecosystem in the long run.
To ensure ASIC mining rigs aren’t built for the network’s GPU-friendly mining algorithm, privacy-focused cryptocurrency Grin executed the first of four planned hard forks spread out over the network’s first two years.
With Beam set to fork on August 15, the network upgrade will add a new minimum transaction fee and implement an ASIC-resistant proof-of-work algorithm dubbed Beam Hash II.
As a temporary solution to Ethereum’s scaling issues, Vitalik Buterin has suggested using the Bitcoin Cash blockchain as a data layer where transaction verification takes place.
Seed Digital Commodities Market LLC and Zero Hash LLC, subsidiaries of the crypto derivatives provider Seed CX, have both been granted BitLicenses from the New York Department of Financial Services. The department has now issued over 20 BitLicenses since it was introduced in 2015.
