ethereum blockchain

Ethereum’s Muir Glacier Hard Fork Reduces Block Time To 12 Seconds

Ethereum’s latest hard fork has proven beneficial for the network. As Muir Glacier upgrade completes, network statistics are generated. As per this statistics report, ETH Block mining time has reduced by 25% to only 12 seconds from 17sec. Muir Glacier hard fork had another important update for delaying the impending IceAge. As a result, the...
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Most Active Applications For Ethereum Are Its Unstoppable Domains

The most active applications on the Ethereum blockchains following the launch of its crypto registry for blockchain domain names are its Unstoppable Domains that reached the top of the most active decentralized applications, surpassing 30,000 transactions being processed in less than a day of the service launch as we are reading further in the Ethereum...
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New Blockchain “Dawn” Targeting eSports Wagering

FirstBlood eSports platform has come up with its own blockchain, “Dawn“. This blockchain is built on COSMOS Network. FirstBlood allows amateur players to earn rewards after playing Dota2, PUBG. It allows more than 200,000 users to gamble cryptocurrency directly with one another.  FirstBlood CEO Joe Zhou was searching means to decentralize the esports wagering and...
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bloXroute Labs Launches BDN V1: With Support For Ethereum And Bitcoin Cash

Chicago, IL – Dec 3, 2019 – bloXroute Labs, a technology start-up that built a Blockchain Distribution Network (BDN) to allow blockchains to scale, announced today the official launch of BDN Version 1. The launch follows several successful bloXroute network tests including their ETH Mining Test,  Bitcoin Cash Miner Test, and Akomba Labs Test that showed the benefits of an optimized blockchain network infrastructure....
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Enjin Coin SurgeD By 60% After Microsoft Partnership

Enjin coin surged after the world-famous technology company Microsoft and the coin platform have teamed up to make the project named Azure Heroes, a project that gives prizes to contributors to the community for posting content, creating demos, building sample code, and blogging about Azure as we are reading further in the altcoin news today....
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Ethereum Express Launches New Proof-of-Authority Consensus

The founder of ConsenSys, Joseph Lubin, who is also known as the Ethereum co-founder recently said that he hopes that China’s Central Bank Digital Currency (CBDC) will allow for interoperability with public permissionless blockchains such as Ethereum.Lubin made the remarks in an interview with Forbes which is viral in the Ethereum news now – and...
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Ethereum Name Service (ENS) Adds Multicoin Support To Wallets

The popular distributed naming system Ethereum Name Service (ENS) is in the crypto news today for announcing the launch of its multicoin support. Even 15 cryptocurrency wallets are planning to utilize this new feature. First unveiled in a Medium post published on October 17, the service will allow enthusiasts to use one ENS name for...
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Neo Banking Solution Startup Juno Raises $3 Million in Financing Round

Neo banking platform Juno which is said to help Asia to lead digital asset adoption has managed to raise $3 million from a row of prominent investors. Juno is a new banking solution organization that focuses on redistributed assets decentralized in nature and based on distributed ledger systems and blockchain technology. Recently, it has managed...
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Microsoft and Intel Introduce Ethereum-Based Token Under EEA’s New Initiative

Microsoft and Intel back the rewards token of the Enterprise Ethereum Alliance which is an open standards organization that works to implement open-source architecture within the Ethereum ecosystem. In what seems to be cooperation between two of the biggest organizations in technology, Microsoft and Intel have indicated their willingness to back the reward token of...
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2020 To Be A Deciding Year For Proof-of-Stake (PoS): From ETH To ADA

The founder of Cardano and IOHK, Charles Hoskinson, is in the Cardano ADA news today for outlining his vision on the project and the ‘bright’ future as he described it. Hoskinson talked about Cardano during an event held in celebration of the project’s secondary anniversary and shared his main long-term vision: Cardano disrupting the centralized...
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IKEA Agrees to Pay Invoice Using ConsenSys-Backed E-Money Provider

After making a purchase through IKEA Iceland, Nordic Store settled the e-invoice through smart contracts on the Ethereum blockchain. However, the transaction was paid using Iceland’s fiat currency, the Krona, and not crypto. IKEA Embraces Blockchain The operation for the Icelandic retailer, IKEA, was made possible through Tradeshift, a supply chain payments company, and Monerium,...
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Coinbase Offers Interest of 1.25% on USDC Stablecoin

Photo: The Coinbase Blog Premier cryptocurrency exchange Coinbase has announced that it will offer interest on deposits in stablecoin USD Coin (USDC) for 1.25% APY. This indicates its willingness to encourage more of its large database of users to deposit their holdings in the cryptocurrency token. Transferring the value of the US Dollar which in...
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IKEA Completes Supply Chain Transaction Via E-Money on Ethereum Blockchain

IKEA has completed the supply chain transaction which used e-money using smart contracts on the Ethereum blockchain and via the Tradeshift platform. The company views the transaction as pivotal for the sector. IKEA, the world’s largest multinational furniture retailer based in the Netherlands, has successfully settled an invoice, receiving payment for goods bought by Iceland’s...
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Securities Rating Firm Morningstar Brings Blockchain into the $117 Trillion Debt Securities Market

Chicago-based rating firm Morningstar moves into the cryptospace by offering blockchain-based solutions for the global debt securities market. Chicago based securities rating firm Morningstar has moved ahead of the rest of the securities ratings agencies to begin rating blockchain-based debt securities which are backed by debt assets in the real-world. Being the first time, a rating...
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Ethereum Ropsten Testnet Splits After the Early Launch of the Istanbul Upgrade

Ethereum testnet Ropsten has hardforked following an earlier than scheduled release of the Istanbul upgrade of the world’s second most popular blockchain. Ethereum testnet Ropsten split following the release of the Istanbul upgrade. This occurred because the upgrade was expected on approximately October 2nd, 2019 and at a block height of 6, 485, 846. The...
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Hedera Hashgraph Launches Mainnet Beta Which is Faster Than Any Other Blockchain

After months of testing, the Hedera Hashgraph has finally launched its public network which promises to have unmatched speed in the entire distributed ledger space. Hedera has also begun the distribution of its native HBAR tokens. Hedera Hashgraph has finally launched its highly anticipated public mainnet after more than a few months of testing which...
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Santander launches first end-to-end blockchain bond; to issue $20 million on Ethereum’s blockchain

Banco Santander, a commercial bank in Spain announced launch of the first end-to-end blockchain bond of $20 million issued directly on the Ethereum blockchain. The bank revealed in a press release that the bond would exist only on the Ethereum blockchain. Even though the bank itself is the issuer of the bond, the purchase of...
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Santander Makes History Solely Settling a $20M Bond Trade on Ethereum Blockchain

Using a token on Ethereum to represent the $20 million debt issuance, Santander settled both sides of a bond trade with another set of ERC-20 tokens representing cash held in a custody account. Santander, one of the largest banks in the world based in Spain, has issued a blockchain bond and started using a public...
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Vitalik Buterin is ‘Very Confident’ About Ethereum 2.0 Launching Phase

As Buterin said, Ethereum 2.0 aims to run ‘tens of thousands of transactions per second’ and he is sure that the new network will facilitate a number of on-chain transactions while maintaining key aspects of decentralization and security. At the beginning of next year, the launch of the initial phase of Ethereum 2.0 is taking place....
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New token-set introduced by Ethereum DeFi’s Set Protocol

Ethereum DeFi project, Set Protocol, has announced the 50-day moving average strategy on August 30, 2019. It is termed as ETH50SMACO (ETH 50 Day Moving Average Crossover Set ). ETH50SMACO automatically rebalances when the price of ETH crosses the 50 Day Simple Moving Average (50 SMA). If price of Ethereum crosses but stays below 50...
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Telegram Starts Public Testing of Ethereum-Compatible TON Blockchain

According to some reports, Telegram Open Network (TON) will be compatible with Ethereum. The company is set to release the code to run a node on the Telegram Open Network (TON) on Sunday. It seems that Telegram messenger is planning to begin public testing of its long awaited blockchain, TON (the Telegram Open Network) on...
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Tether’s Transactions On The BTC Blockchain Are Losing Ground

This Thursday, many best cryptocurrency news sites are reporting about a new partnership in the crypto community. Ripple‘s blockchain solution was recently adopted by PNC Bank – which is the United States’ eight largest bank with $400 billion in assets. The news that PNC Bank has become the country’s first bank to start using RippleNet’s...
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Ethereum Blockchain Is Almost Full: Vitalik Buterin On Scalability

The night has brought a new dump on the markets – and this time the altcoin news show that Ethereum dumped 10% overnight, but no one seems to know the reasons for it yet. It all started with Bitcoin faced a sharp drop that sent it to lows of $9,500 after which it reversed. Ethereum,...
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