Bakkt has been “cleared to launch.” The Intercontinental Exchange’s young subsidiary announced Friday that it had acquired a New York state trust charter through the New York State Department of Financial Services (NYDFS). The approval clears the way for the company to begin … Read more about Bakkt Launching Bitcoin Futures
Ethereum continues to solidify its future in the cryptocurrency world. On May 21, the Ethereum Foundation announced it was allocating $30 million to help further advance the Ethereum network. As stated in their blog post, Ethereum will be allocating $3 million to developer support, $8 million to … Read more about Ethereum Foundation Helps Advance Ethereum 2.0
Like Bitcoin, Ethereum has surged recently, rising from $161 (May 1) to $256 (May 19). However, price analysts believe the gains are here to stay. For instance, Barry Silbert, CEO of Digital Currency Group (DCG) believes the technical indicators are supportive of price: “Sentiment, the technicals … Read more about Ethereum Dip Reveals Overvaluation?
Ethereum is getting renewed attention of late as the price reaches a new high. That is to be expected as larger companies showcase their adoption of Ethereum-based dApps/protocols. This month, accounting firm Ernst & Young showcased their blockchain protocol “Nightfall.” Designed for use on the … Read more about Ernst & Young Showcase ‘Nightfall’
Building Ethereum applications just became a whole lot easier. This month, Microsoft announced that developers can now quickly create and deploy Ethereum-based dApps on Azure, their cloud-computing platform. Using their Azure Blockchain Development Kit (BDK), developers can simply log onto … Read more about Microsoft Launches Its Azure Blockchain Development Kit
SKALE Labs is launching a new decentralized storage solutions for Ethereum-based applications. SKALE Storage allows dapps to be stored on a network node, by means of a modified Ethereum Virtual Machine on each node. Thus, up to 100MB can be setup with simply a few lines of code. In … Read more about SKALE Labs Launches Decentralized Storage Solution
Over the past few months, the biggest news for Ethereum surrounds the Constantinople Hard Fork. Originally slated for October 2018 and then January 2019 implementation, the upgrade was delayed due to developers drawing attention to an error in the protocol’s code, which would purportedly allow … Read more about Ethereum News Update
The cryptocurrency security firm BitGo is introducing Wrapped Bitcoin (WBTC), an ERC20 token aimed at launching Bitcoin-backed derivatives into the Ethereum ecosystem. Traders that deposit Bitcoin on BitGo will generate WBTC tokens (at a 1:1 ratio) which can then be used on the Ethereum network. … Read more about WBTC Token Bridges Ethereum and Bitcoin