Before the ‘Bomb’ Hits: Why the Race Is on to Alter Ethereum’s Economics

Bitcoin's (BTC) recent price slide may have legs, according to technical analysis by alternative asset management firm Valkyrie Investments.The leading cryptocurrency by market value has declined by 10% to $26,200 this month, thanks to renewed hawkish Fed bets, the recovery in the dollar index, and the lingering U.S. debt ceiling uncertainty.Per Valkyrie, a further decline…

Tanzeel Akhtar is an independent British journalist whose work has been published in The Wall Street Journal, CNBC, FT Alphaville, Investing.com, Forbes, Euromoney and Citywire. Bitcoin exchange-traded funds (ETFs) are having a hard time clearing the bar in the U.S., where nine applications were rejected by the Securities and Exchange Commission (SEC) yesterday. The SEC…

Jul 16, 2020 at 15:49 UTCJoseph Lubin, ConsenSys founder, at CoinDesk's Consensus 2019 (CoinDesk archives)An Ethereum-based payments project claims in a new lawsuit that ConsenSys abused its position of trust as an investor to access trade secrets and create a rival offering. BlockCrushr filed a complaint Tuesday alleging ConsenSys misappropriated its intellectual property to create…

McDermott Will & Emery, a law firm representing Voyager’s committee of unsecured creditors, has billed the group $5.1 million for the work it completed from March to May.This latest bill brings the total compensation charged to the group to $16.4 million, above the $11.2 million that was budgeted as part of the restructuring process. So…

Oct 16, 2020 at 18:50 UTC(NiseriN/iStock/Getty Images Plus)This New Service Plays Matchmaker Between Solo Miners, Big Mining FarmsA first-of-its kind service wants to play matchmaker between big-scale mining facilities and individual miners looking for a hosting setup.Bitcoin mining company HASHR8 just launched its Compass platform, a search engine of sorts for individual miners to shop…

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news Coinbase Pro announced the coming addition of the proof-of-stake and democratically-governed Tezos blockchain to its institutional trading platform. Tezos (XTZ), a multi-million dollar blockchain that officially launched in September 2018, offers the opportunity for its stakeholders to vote on-chain on proposed upgrades. When Tezos was added to another Coinbase affiliate, Coinbase Custody, in March,…

From Thomas Edison’s invention of the lightbulb to Thomas Savery’s invention of the steam engine, innovation in energy has been a core contributor to American success. But, while energy innovation is alive and well, preservation has fallen by the wayside. The U.S. grid is as old as it’s ever been, with 70% of power lines

news Demand for alternative cryptocurrencies has seen their performance rise over the last 24 hours despite bitcoin’s (BTC) failure to take another leg up. It raises the question as to whether the “alt season”, a period where alternative crypto sees considerable growth regardless of BTC’s performance, is finally here. Ether (ETH) and XRP (XRP) rose…