Category: Ethereum News

Ethereum Crashes to 9-Month Price Low Below $300, While Bitcoin Shows Resilience

Ethereum’s price is plummeting at press time, dropping 10% today to below $300 amid a wider bearish market, although Bitcoin is holding its recent gains

August 13, 2018
Newsflash: Ethereum Price Falls Below $300, Pummeled to 9-Month Low

A sell-off sent the ethereum price plunging below $300 on Monday, forcing the second-largest cryptocurrency to its lowest mark in more than nine months. Ethereum had traded as high as $323 earlier in the day, but a flurry of sell orders began to pummel the market at approximately 15:00 UTC, driving ETH closer and closer…

August 13, 2018
Not Playing Around: Decentraland to Invest $5 Million in Blockchain Gaming Startups

Decentraland, a decentralized user-owned virtual world on the Ethereum blockchain, plans to invest $5 million to fund blockchain gaming projects built on the Decentraland platform. To this end, it created the Genesis Content Program, through which gaming developers can submit proposals for “blockchain games” and “interactive experiences” that can be built on Decentraland. In a…

August 12, 2018
Cryptos See Widespread Green, But Total Market Cap Remains Close to 3-Month Low

The market picture: virtually all top 100 cryptos see green on the day, though total market cap remains close to its 3-month low

August 12, 2018
World Bank Picks Australia’s CBA to Deliver ‘World’s First Blockchain Bond’ on Ethereum

The Commonwealth Bank of Australia (CBA), the country’s largest bank, has won a mandate from the World Bank to become the sole arranger of a bond exclusively created and managed on a blockchain. Dubbed ‘bond-I’ – Blockchain Offered New Debt Instrument- with a nod to Australia’s famous Bondi beach, the pioneering issue will be the…

August 10, 2018
After a Catastrophic Week, Crypto Markets Rally Forth Into the Green

The summer rollercoaster continues, as the market sees a healthy rebound into the green after total market cap yesterday had shrunk to its lowest level since November

August 9, 2018
White Hat Hacker Finds Major Vulnerability in Ethereum DApp Augur

A white hat hacker has discovered a major vulnerability in decentralized prediction market Augur, perhaps the most highly-touted decentralized application (dApp) built on the Ethereum network. The bug, disclosed through bug bounty platform HackerOne by security researcher Viacheslav Sniezhkov, would have allowed an attacker to inject fraudulent data into Augur’s user interface, potentially leading to…

August 8, 2018
Internet Giant Opera Brings Native Ethereum Wallet to Desktop Web Browser

Opera, the web browser backed by bitcoin mining giant Bitmain, has announced that it will add a native ethereum wallet to the desktop version of its web browsing software. Opera Brings Built-in Ethereum Wallet to PC Browser The Oslo-based firm made the announcement on Wednesday, citing “strong interest” in and an “overwhelmingly positive response” to…

August 8, 2018
Microsoft’s New Ethereum Blockchain Product Gets Rid of Mining

Software giant Microsoft has debuted a new Blockchain as a Service (BaaS) product that allows businesses across industry verticals to deploy a flexible instance of Ethereum tailored specifically for enterprise environments. Announced on Tuesday, Ethereum Proof-of-Authority on Azure allows enterprises to build applications on an Ethereum blockchain that is not secured by a Proof-of-Work (PoW)…

August 8, 2018
Coinbase Begins Taking Ethereum Classic Deposits, Raises Buy Limit to $25,000

It’s been a tough week for most cryptocurrency investors, as the groundbreaking news that the world’s largest stock exchange operator is launching a bitcoin market failed to translate into bullish price movement. For ethereum classic supporters, however, the week could not have gone much better. Coinbase Pro Begins Taking Ethereum Classic Deposits Over the past…

August 7, 2018