chiefcrash writes from a report via Bloomberg: Blockchains LLC, a Nevada-based startup that plans to build an Ethereum city, has acquired Slock.it, the German-based startup known for their attempt in 2016 to build an Ethereum computer as well as the DAO. President David Berns declined to say how much the firm paid for Slock.it, but said a major incentive for the…
Tag: ethereum
Bitcoin ‘Roars Back’, Surges 50% in 30 Days
A week ago bitcoin was trading at $6,000. Today Forbes reports bitcoin “which has been swinging wildly throughout this week, has suddenly rallied back to over $8,000 per bitcoin, somewhat putting to rest investor and trader fears the recent bitcoin bull run may have already ended”:
The bitcoin price has risen around 50% over the last 30 days, pulling many other major…
A Large Chunk of Ethereum Clients Remain Unpatched
The Ethereum ecosystem is no different than the Windows or IoT landscape, where security flaws remain unpatched for long periods of time, despite the availability of public patches. From a report: In a report shared with ZDNet today, security researchers from SRLabs revealed that a large chunk of the Ethereum client software that runs on Ethereum nodes has yet to receive…
Just 376 People Found to Own a Third of All Ether Cryptocurrency
Just 376 people hold a third of all Ether, the cryptocurrency that powers the Ethereum blockchain, according to new research by Chainalysis. From a report: Large holders are known in the crypto market as “whales,” which Chainalysis defines as individuals who hold their assets in digital wallets and not on an exchange, Kim Grauer, a senior economist at the company, said…
Microsoft Launches Decentralized Identity Tool on Bitcoin Blockchain
Microsoft is launching the first decentralized infrastructure implementation by a major tech company that is built directly on the bitcoin blockchain. From a report: The open source project, called Ion, deals with the underlying mechanics of how networks talk to each other. For example, if you log onto Airbnb using Facebook, a protocol deals with the software that sends the personal…