EIP 1559: Ethereum’s Fee Market Upgrade Explained

Oct 14, 2020 at 05:00 UTCCharlie Lee (CoinDesk archives, modified by CoinDesk)Litecoin (LTC), a nine-year-old cryptocurrency whose price returns have chronically underperformed the bigger and better-known bitcoin in recent years, is hitching its wagon to a new star: privacy.The blockchain industry subsector of “privacy coins” – cryptocurrencies with embedded technology that shields identifying information from…

Dec 24, 2020 at 3:31 p.m. UTCCoinbase, Other Big Exchanges ‘Between Rock and a Hard Place’ on Delisting XRPWhat happens when a cryptocurrency once been positioned as a regulator-friendly alternative to bitcoin gets heat from regulators? Exchanges that trade XRP are about to find out.U.S.-based cryptocurrency exchanges have to consider whether to delist XRP in…

opinion Michael J. Casey is CoinDesk’s chief content officer and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. The Chinese government is not in the habit of making speculative “what if” announcements. Typically, before anything…

Universal Basic Income (UBI) has frequently been discussed as a potential solution to economic inequality in an increasingly automated and AI-driven world. Alternatives like Universal Basic Services or Universal Basic Housing have also been proposed. But what if the answer doesn’t lie in providing financial support, but in granting universal access to the very resource

"Consensus by bet – that didn't work. Hub and spoke chains – that didn't work. Proof-of-proof-of-work – that didn't work. Hyper cube chains – that also didn't work!" Singing on stage alongside songwriter Jonathan Mann, ethereum founder Vitalik Buterin ended his keynote at Devcon4 in Prague on Wednesday, with a song that listed "the graveyard…

news Grayscale Investments has tapped Coinbase Custody to serve as the new security provider for its digital asset holdings, the companies announced Friday. The custodian, which Coinbase CEO Brian Armstrong says already holds $1 billion in assets, will act as the custodian for Grayscale’s single-asset and diversified investment products. Grayscale claims to hold $2.7 billion in…

The world's largest asset manager, BlackRock (BLK), said assets under management (AUM) climbed through $10 trillion in the second quarter. AUM rose almost 13% from the year-earlier period to $10.6 trillion, while earnings per share (EPS) rose to $9.99 from $9.06, the company said in a statement. Revenue increased 7.7% to $4.8 billion. 00:58 Candy

news The New York Department of Financial Services (NYDFS) has granted virtual currency licenses to two subsidiaries of crypto derivatives provider Seed CX. NYDFS Superintendent Linda Lacewell announced Monday that Seed Digital Commodities Market LLC (SCXM) and Zero Hash LLC, both of which operate under Seed CX, had received BitLicenses, while Zero Hash has also…

Nov 29, 2019 at 17:30 UTCUpdated Nov 29, 2019 at 17:30 UTCCisco Patent Would Secure 5G Networks With a BlockchainNetwork tech giant Cisco has won a patent detailing how it could leverage blockchain to secure the data in 5G telecommunication networks.The San Jose, Calif.-based company submitted a patent application in June 2018 for a blockchain…