Coders Renew Efforts to Fork Mining Giant Bitmain Off Siacoin Blockchain

Under the CoinRoutes’ setup, clients have their own servers, but reams of data on historical crypto trades are stored on regional servers. Weisberger said the cost of storing the data on their own servers can reach $25,000 in some cases. Instead, they can access the data from the regional servers at a tenth of the…

Spot ether (ETH) exchange-traded funds saw negative net flows in their first week as massive outflows from the incumbent Grayscale Ethereum Trust (ETHE) overwhelmed interest in the competing products. Similar bitcoin (BTC) funds, which debuted in January, raked in $1 billion net inflows during the first four days, even as they too suffered sizable outflows

Polygon Labs, a major developer of Ethereum layer-2 networks, shared Tuesday it is unveiling a new type of computer chip that's optimized for zero-knowledge cryptography processing, built by hardware maker Fabric specifically for Polygon's interoperability solution, AggLayer. The news comes as Fabric announced last month a $33 million series A round, which Polygon Labs participated

Nov 22, 2020 at 2:00 p.m. UTC(Win McNamee/Getty Images News)Bitcoin ETF Time? What SEC Chairman Jay Clayton Stepping Down Means for MarketsJay Clayton is stepping down as chairman of the Securities Exchange Commission. Here’s what that means for crypto and traditional markets. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe…

Jul 30, 2020 at 15:00 UTCUpdated Jul 30, 2020 at 15:21 UTCDharma wheel (Met Museum, modified using PhotoMosh)Dharma wants to do for DeFi what Robinhood did for stock trading: make it stupid easy.  The Coinbase-backed decentralized finance startup is adding token-exchange protocol Uniswap as its latest in-app offering. In addition to earning “interest” on Ethereum…

A recent court order in Dubai appears to have legitimized salary payment using crypto, but some experts point to unanswered questions. It is unclear whether the ruling will be appealed. A Dubai court ordered a company to compensate a worker through a cryptocurrency token, as stipulated in the employment contract, a legal precedent that raises

Mar 19, 2020 at 07:32 UTCTim Grant, formerly the CEO of ConsenSys-backed startup DrumG Technologies, is to become head of business at Swiss blockchain-based stock exchange SDX.SDX, the digital asset trading venue being built from the ground up by Swiss stock exchange operator SIX Group, had been searching for a new leader to take over…

May 15, 2020 at 12:20 UTCCredit: Shutterstock/MaridavFirst Mover: Bitcoin’s Hot Again, and Crypto Miners Are Hoarding – Or Are They?Bitcoin is rallying again, and some analysts are looking at a potential driver of even higher prices: new data showing that mining pools are hanging onto the cryptocurrency rather than sending it to exchanges for a…

Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business. She holds a small amount of BTC and ETH and several NFTs.Art auction house Sotheby's is expanding its non-fungible…