Hyperledger Gains Microsoft and Ethereum Foundation Among Raft of New Members

Microsoft, Salesforce and the Ethereum Foundation are among the major new companies joining enterprise blockchain platform Hyperledger. The company’s executive director, Brian Behlendorf, confirmed the news to Cointelegraph ahead of a public unveiling at the ongoing Synchronize Europe conference in London on June 18.Part of a monthly update on new members of Hyperledger, Behlendorf said…

Ethereum (ETH) Soars 8%, Outperforms the Broader Crypto Market

Ethereum (ETH) and the crypto market have today seen a sudden surge in buying pressure, allowing them to continue with the upward momentum that has been exhibited in the last few months. Analysts believe that Ethereum will continue with the upward trend in the near term and could outperform Bitcoin in the long term because…

Vast Majority of DApps for Finance Built on Ethereum Blockchain

Ethereum devs constitute the vast majority of Decentralized Finance (DeFi) application (DApp) creators, according to a report by Binance Research on June 6.Number of DApps per blockchain, courtesy of Binance ResearchAccording to the report, DeFi can be thought of as the following:“An ecosystem comprised of applications built on decentralized networks, permissionless blockchains, and peer-to-peer protocols…

The Land of the Free: Why Decentralization Matters in the Crypto Republic

On May 30, Tezos implemented the amendment Athens A, as the result of a voting process that involved its baker nodes (the Tezos equivalent of “miners”) from Feb. 28 to May 30.Although the actual relevance of the upgrade was quite small (see below), the Tezos community underlines that the test was a milestone. The smooth…

Beacon Chain Contracts: A New Way to Deploy Dapps on Ethereum 2.0

news The core infrastructure behind ethereum 2.0 might be in for a major redesign. Dubbed the beacon chain, a new proposal by ethereum founder Vitalik Buterin suggests radically modifying the blockchain’s role in a new iteration of the ethereum network based on proof-of-stake consensus. “The idea here is that basically on the beacon chain, you’re going…

Ethereum Will Maintain Upward Momentum: Analysts

Following Bitcoin’s rally in recent weeks, there has been a tremendous upward momentum for major cryptocurrencies such as Ethereum that have gained significantly from their yearly lows to the current prices. Ethereum Headed to $300 Analysts indicate that Ethereum is likely to maintain the current momentum and thus extending its rally towards $300 mark in…

Ethereum Foundation Announces Details on $30 Million Network Development

The Ethereum Foundation has announced a three-pronged approach to allocating the $30 million it has designated for developing the Ethereum network over the next year, in an official blog post on May 21.The breakdown for the three categories is future projects at $19 million, current projects at $8 million, and developer supports at $3 million.…

Ethereum Price Jumps 8%: CTFC Approving Futures Trading Soon?

Ethereum is now firmly established as the cryptocurrency with the second biggest market cap after Bitcoin, and more good news could be on the way for the coin if recent reports regarding CTFC approval of Ethereum futures are to be believed. According to a report from Coindesk, the United States Commodity Futures Trading Commission could…

MakerDAO CTO Departs, Points to Internal Conflicts

Andy Milenius, formerly the chief technology officer at MakerDAO, published an open letter dated April 3 explaining his concerns over the project’s internal conflicts. MakerDAO is the  company behind the decentralized algorithmic Ethereum-based stablecoin DAI as well as the governance token Maker (MKR).In his 24-page-long letter, Milenius describes a conflict between his ideas of equal…