Ethereum developers have already reached a tentative consensus to implement a new proof-of-work algorithm that would increase the efficiency of GPU-based mining on the network, as opposed to ASIC-based type of mining. Read more here!
Ethereum has beaten Ripple to reclaim its position as the biggest altcoin by market cap, according to data released on January 2. Read more here!
Most top cryptocurrencies are witnessing discreet to moderate losses, while a handful report gains. Bitcoin’s price hovers under $3,800 again, according to data. Read more here!
South Korean crypto exchange Bithumb has won a lawsuit in which an investor had sued the company for his loss of nearly $355,000 in an alleged hack. Read more here!
Ethereum-based chat platform Status is laying off 25 percent of its staff because of the recent cryptocurrency market decline, according to a post that was published by the company. Read more here!
Ethereum core developers have agreed to launch the long-awaited Constantinople hard form at block 7,080,000 as resulted in a bi-weekly developers’ meeting last Friday. Read more here!
Ethereum co-founder Vitalik Buterin said that the misapplication of blockchain technology in some industries leads to “wasted time”. Read more here!
The market had apparently kicked off its upward correction, with Ethereum up by 21 percent from the $98 bottom to $118 as of press time. Read more!
Wednesday saw a better performance for the cryptos. Litecoin traded 7.7 percent higher to $32.826 on the Bitfinex exchange. Read more here!
Ethereum traded at $119.61 on major indexes on Monday, higher 10.10 percent on the day. It was the largest one-day percentage jump since September 21. Read more here!
Bitcoin rallied 7 percent on Monday in Asia after slipping below $3,500 on Sunday. Other major currencies also rallied. Read more here!
Litecoin transaction fees are set to be reduced by ten times in the upcoming core release. And since fees temporarily eclipsed $50 per bitcoin transaction at the peak of $2017’s unforeseen bull run, which saw bitcoin rising from $1,000 to $20,000 in a 12-month time span, the topic of scaling solutions and lowering transaction fees …
According to recently released surveys and statistics, Litecoin, which is the seventh largest cryptocurrency in terms of market capitalization, has recently experienced a huge spike in trading volume. Lately, Litecoin trading volume has largely been consistent in the $200 million range. On the other hand, this has now changed, while the information from websites and …
Litecoin Trading Volume Increases, Price Unmoved Read More »
Those who believe in Litecoin have long touted it as “silver to bitcoin’s golds.” The seventh largest cryptocurrency has been much like physical silver, though, Litecoin at present trades well below its all-time high, having slipped to about $55 from a peak of $358. On the other hand, according to cryptocurrency hedge fund Multicoin Capital, …
Litecoin “Significantly Overvalued,” Analyst Says Read More »
Accounting firm EY has announced a tool that it claims will bring private transactions to Ethereum that’s a public blockchain and not an enterprise version. EY unveiled the prototype of their EY Ops Chain Public Edition (PE) that uses zero-knowledge proofs or ZKP. This will let custom tokens on the public Ethereum blockchain but maintain …
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