Bitcoin 

Ethereum in Its First Big Bear Market Like Bitcoin in 2015, Analyst Says

Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15. In a tweet posted on Aug. 20, Burniske noted that in retrospect, 2014-15 revealed itself as having been the best risk/reward period for investors to get Bitcoin exposure. He added: “To objective observers, the network’s momentum was clear despite the bearish price action; those predisposed to dislike based on perceived vested interests, were blinded by biases & missed the bus. What happened to…

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Ethereum 

‘Ethereum Blockchain Is Almost Full’

Ethereum co-founder Vitalik Buterin says the Ethereum blockchain is almost full. In an interview with The Star published Aug. 19, he said the hurdle that faces big organizations interested in the Ethereum ecosystem is the still-thorny matter of the blockchain’s scalability. “Scalability is a big bottleneck” Buterin’s stark comments were made as part of a discussion of what he perceives to be the biggest roadblocks to the widespread adoption of cryptocurrencies. He conceded that: “Scalability is a big bottleneck because the Ethereum blockchain is almost full. If you’re a bigger…

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Ethereum 

Ethereum Classic Name Change Would Get Other Cryptos ‘Rekt,’ Says Dev

Ethereum Classic Labs’ Stevan Lohja says that many top cryptos would be “rekt” by Ethereum Classic (ETC) if it removed “Ethereum” from its name. In a tweet posted on Aug. 11, Lohja — who works as technology coordinator at Ethereum Classic Labs — wrote: “Opinion: Many #cryptocurrency in the top market cap would be absolutely #Rekt by #EthereumClassic if we removed #Ethereum from the brand. I know we are original Ethereum project, but maybe this can be water cooler chatter at summit eh?” Classic X As Cointelegraph has previously reported,…

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Blockchain 

The Enterprise Ethereum Alliance Launches the EEA Mainnet Initiative

The Enterprise Ethereum Alliance (EEA) is setting up a technical group working on collaboration between the mainnet and enterprises. The working group, called the EEA Mainnet Initiative, intends to accelerate and lead cooperation between the EEA’s enterprise and startup members, as well as those who work on the mainnet’s technology and interoperability solutions, according to a press release shared with Cointelegraph on Aug. 6. EEA Mainnet Initiative to work on interoperability and scalability solutions The Mainnet Initiative will seek to improve its knowledge about how public network components match the…

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Ethereum 

Ethereum Classic Labs Announces Accelerate Program to Promote ETC Apps

Ethereum Classic Labs incubator officially announced its accelerator program to promote the development of products based on the Ethereum Classic network. On July 28, Ethereum Classic Labs published a blog post to provide details about Ethereum Classic Labs Accelerate, a program for funding and educating blockchain firms and communities that are creating products and services on the Ethereum Classic blockchain. According to the announcement, the first Cohort of Ethereum Classic Labs Accelerate was formed during Q1 2019 while the second is expected to be announced in Q3. Ethereum Classic Labs…

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Blockchain 

Ethereum Blockchain Solutions for Enterprise Business: Pros and Cons

Ethereum currently is known as the most popular public blockchain network for the development of decentralized applications (DApps) and smart contracts. Its prospective blockchain protocol is one of the few cryptocurrency projects actually achieving real-world adoption, with dozens of applications that can be divided into 11 major categories: open finance, decentralized exchanges, gaming, collectibles, marketplaces, developer tools, identity, governance, infrastructure, token-curated registries and Ethereum Request for Comments (ERC) token standards. Thus, it appears to be leading the field of enterprise blockchain solutions. Ethereum is contributing to the revolutionizing of the…

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Bitcoin 

Don’t Call Ethereum an ‘Altcoin’ Anymore

Institutional cryptocurrency exchange San Francisco Open Exchange (SFOX) suggested that Ether (ETH) may not be an altcoin anymore, in its latest market report published on July 24. ETH is more correlated to BTC than other alts In its post, SFOX suggested that “it may no longer be accurate to classify Ethereum as an ‘altcoin.’” The reason why the exchange is suggesting that ETH may not fit into the altcoin category is that BTC’s current correlation with Ether is markedly higher than its correlations with other altcoins. The author of the…

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Bitcoin 

Metamask Launches Mobile App Beta to Broaden Appeal of Ethereum DApps

Ethereum wallet and decentralized app (DApp) browser Metamask has launched the public beta version of its new mobile app.  Unveiled on July 23, the app brings various features to Metamask users and syncs to the company’s existing browser plug-in. It is available for both Android and iOS. “Over the next couple months, we’ll use this Beta to gather feedback from the community before our V1 launch this fall,” an accompanying blog post reads. The mobile app features a cryptocurrency wallet and DApp browser among other tools, including support for so-called…

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Ethereum 

German Regulator Greenlights $280 Million Ethereum Real Estate Bond

The German Federal Financial Supervisory Authority (BaFin) approved an Ethereum-based real estate bond of security issuance firm Fundament Group. The company announced the news in a press release shared with Cointelegraph on July 23.  Regulated real estate bonds on the Ethereum blockchain The given bond backed by a portfolio of properties in major German cities with an issued volume of 250 million euros ($280 million). The firm’s solution reportedly leverages standardized and regulated financial instruments to build a real estate-backed asset that can be traded worldwide independently of banks. Providing…

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Bitcoin 

Domain Registrar EnCirca Accepting Applications for Ethereum Addresses

Domain registrar company EnCirca has announced that it is accepting pre-registration applications for the Ethereum website extension, “.ETH”. EnCirca said that it will be accepting applications until August 10, in a press release on July 18.  EnCirca also said that they were the first registrar approved by the Internet Corporation for Assigned Names and Numbers (ICANN) to accept applications for Ethereum domain websites. According to its website, ICANN is a not-for-profit public-benefit group that serves to coordinate and develop policy for Internet naming conventions.  According to the press release, EnCirca…

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