Microsoft Rolls Out ‘Proof-of-Authority’ Ethereum Consensus on Azure
Microsoft has rolled out an additional consensus mechanism for clients building ethereum-based apps on Azure that does away with mining.
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Illegal Miners in Russia Stole $6.6M-Worth of Electricity, Power Grid Firm Says
Energy thieves stole more than $6 million in electricity over the past three years, state-owned firm Rossetti says. (Credit: Shutterstock)Illegally built power stations, tampered power meters and underground mining farms helped “black” miners steal almost $6.6 million (450 million Russian rubles) from local energy providers over the past three years, state-owned power grid company Rosseti…
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ETC Cooperative Adds Developer Bob Summerwill as Executive Director
news Bob Summerwill, a former ethereum core developer, is taking over as executive director for the Ethereum Classic (ETC) Cooperative. Founded in April 2017, the ETC Cooperative is a non-profit organization created “to financially support the growth and development of the Ethereum Classic protocol,” as stated on the official website. Although having worked primarily in…
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Why Crypto Investors Should Care About Tokenomics: Crypto Long & Short
One important consideration for any digital asset investor allocating money to alternative coins is tokenomics. For the uninitiated, tokenomics refers to the economic and financial aspects of a cryptocurrency or project’s ecosystem. It encompasses the design, creation, distribution and management of the native tokens used within the project. Tokenomics plays a crucial role in shaping…
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Market Wrap: Bitcoin Hits $40K Again While Ether Volume Is Erupting This Year
Bitcoin’s price is on a rising trend for the first time this week. CoinDesk 20 Bitcoin Price IndexJan 14, 2021 at 9:30 p.m. UTCMarket Wrap: Bitcoin Hits $40K Again While Ether Volume Is Erupting This YearAfter closing out last week at over $40,000 on Sunday, bitcoin hit that price again Thursday while traders are pushing…
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Here’s Why Interest Rates on Cryptocurrencies Could Be a Game-Changer
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The SEC Will Decide on 9 Bitcoin ETFs in the Next 2 Months
The SEC is set to make final decisions on nine proposed bitcoin exchange-traded fund (ETF) in the next two months.
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Facebook’s Zuckerberg Highlights Digital Commerce, but Not Libra, in 2030 Vision
Jan 9, 2020 at 20:45 UTCUpdated Jan 9, 2020 at 21:26 UTCMark Zuckerberg image via ShutterstockFacebook’s Zuckerberg Highlights Digital Commerce, but Not Libra, in 2030 VisionMark Zuckerberg’s new 10-year vision says a lot about Facebook’s plan for financial services – and nothing whatsoever about Libra. Unveiling a vision for 2030, the Facebook CEO unveiled a laundry…
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Long the Bankers! Why Security Tokens Need Trusted Middlemen
opinion Ami Ben David is co-founder and managing partner at SPiCE VC, an investor in multiple security token-related companies and co-founder of the Ownera Foundation. This article first appeared in ‘Institutional Crypto,’ a weekly CoinDesk newsletter focused on the nexus of Wall Street and crypto assets. The opinions expressed in this article are the author’s…