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Google Co-founder Sergey Brin Reveals he is Mining Ethereum

Co-founder of Google and President of Alphabet, Sergey Brin, revealed he is mining Ethereum with his son at a summit hosted by Sir Richard Branson on July 8. The panel also spoke on the potential of zero-knowledge proofs which underlie the privacy option of Zcash.Blockchain is a “Tremendous Opportunity”Sergey Brin, who has an estimated net […]

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Is A New Exchange To Blame For Ethereum’s Network Congestion?

When demand for Ethereum rises, so do the gas prices — but what is causing them to rise in the middle of a bear market? A new exchange may be to blame. TRAFFIC JAMCongestion in the Ethereum network has skyrocketed during the past few days, causing a dramatic hike in gas prices. The present average gas […]

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The Sacramento Kings are Mining Ethereum

The Sacramento Kings are set to become the first professional sports team to mine cryptocurrency — specifically, Ethereum — for charity.‘PIONEERS IN EXPLORING CRYPTOCURRENCY AND ITS POTENTIAL IMPACT’Yesterday, the Sacramento Kings, a professional basketball team playing in the NBA, announced a new charitable program called MiningForGood. The Vivek Ranadivé-owned team will now install cryptocurrency mining […]

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Ethereum Spikes After The SEC Declares It’s Not A Security

Ether, the cryptocurrency powered by the Ethereum blockchain, spiked Thursday after a Securities and Exchange Commission official said the agency did not view the crypto as a security.Speaking at Yahoo Finance’s All Markets Summit, William Hinman, the SEC’s director of corporate finance, said the agency did not view bitcoin or ether as securities. Such a […]

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Co-Founder of Ethereum: Blockchain Will be “More Disruptive” Than Dotcom Bubble

Joseph Lubin spoke at length earlier today about the disruptive potential of blockchain technology. The co-founder of the Ethereum network and blockchain software company ConsenSys was speaking at the MoneyConf in Dublin, the city his company has chosen to open a new office.Lubin: Blockchain Will Be “Orders of Magnitude More Disruptive” Than the InternetTo promote […]

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7 Myths About Ethereum Decentralization

Blockchain and decentralization have become synonyms in the cryptocurrency industry. The use of blockchain technology made it possible to create a network where all users are equal, and information is distributed over a countless number of computers in the world. Decentralization has gained a particular value for banks and other commercial institutions, since it brings […]

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CME Group Paves Way for Regulated Ethereum Futures with New Pricing Index

CME Group, one of the world’s largest derivatives exchange operators, is taking steps that will prepare it to eventually list an ethereum futures product.The Chicago-based exchange announced on Monday that it has partnered with a group of large cryptocurrency exchanges to create an Ether Reference Rate and Ether Real Time Index, which will provide standardized […]

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Bitcoin and Ethereum Gains Spur Cryptocurrency Market Beyond $500 Billion

Bitcoin and Ethereum, two of the most valuable cryptocurrencies in the global market, have led the cryptocurrency market to surpass $450 billion and based on the current trend, it is likely that the market crosses the $0.5 trillion mark within May.Ether Up 11%Ether, the native cryptocurrency of the Ethereum blockchain protocol, has increased by more […]

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Ethereum Mining Helping Drive Computing Boom, Says Google Co-Founder

Google co-founder Sergey Brin credits ethereum mining with playing a central role in the recent “boom in computing” that is helping drive a “technology renaissance.”Brin made the statements in a glowing letter to investors, where he gushed, “We are truly in a technology renaissance, an exciting time where we can see applications across nearly every […]

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Korean Peace Agreement Recorded on Ethereum Blockchain

Last week’s meeting between South Korean president Moon Jae-in and North Korean leader Kim Jong-un has been recorded on the ethereum blockchain, where the historic Panmunjom Declaration that the two nations signed will now be stored in perpetuity.No, the governments themselves did not encode their peace agreement into the “world’s largest supercomputer,” but CoinDesk Korea […]

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