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Why French Lender SocGen Issued a $110 Million Ethereum Bond to Itself

Six months after Societe Generale issued its first bond on a public blockchain, it has yet to offer the instrument to clients or to make use of the full capabilities of the smart contract mediating the sale. But the French financial institution insists that it hasn’t forgotten about the €100 million (roughly $110 million) bond, which […]

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CFTC Says Cryptocurrency Ether Is A Commodity, And Ether Futures Are Next

Last December, the Commodity Futures Trading Commission (CFTC) issued a public call for feedback to “better inform the Commission’s understanding” of the Ethereum network and the cryptocurrency ether.Now CFTC Chairman Heath Tarbert, who just took over the role in July, has come to a decision on its status. Tarbert believes ether (ETH) is a commodity, […]

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IKEA Next to Embrace Ethereum Blockchain After Morningstar & Santander

Per the release, an Icelandic branch of the Swedish furniture retailer has used “Tradeshift’s platform and smart contracts” built on the Ethereum blockchain to settle an invoice with Nordic Store, a more local retailer that purchased IKEA goods.Interestingly, the transaction was not settled in Ether, but in “Monerium’s programmable digital cash.” Monerium is a fintech […]

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Ether Outshines Bitcoin in a Gloomy Month for Crypto Prices

September has been a rough month for bitcoin and the wider cryptocurrency market, but ether has weathered the storm better than most.Bitcoin, (BTC), the leading cryptocurrency by market value, is on track to post a monthly loss of more than 16 percent – the biggest since November 2018, according to CoinMarketCap. As of writing, BTC […]

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Cryptocurrency Payments Processor BitPay Adds Support for Ether

Major cryptocurrency payment services provider BitPay has added support for the second-largest cryptocurrency by market capitalization, Ether (ETH).Per a press release published on Sept. 16, companies that use BitPay for payment processing are now able to accept Ether for purchases without having to set up any enhancements. BitPay has also made it possible for users […]

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Telegram’s Blockchain Will Be Compatible With Ethereum: Source

Telegram’s new blockchain project will be compatible with ethereum, according to a tech startup building tools for the network.The messaging company is expected to release the code to run a node on the Telegram Open Network (TON) on Sunday, allowing users to trial its project in advance of the project’s expected mainnet launch on Oct. […]

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Ethereum ‘Almost Full’ As Tether Eats Up Capacity

Ethereum co-founder Vitalik Buterin warns that the digital ledger that supports the crypto designed to be a better version of bitcoin is running out of capacity. That means the cost of processing transaction done in the digital token Ether on the underlying blockchain may get too pricey for some users, Bloomberg reports. Ether’s network utilization has jumped […]

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Ethereum Falls to Below 8% of Entire Cryptocurrency Market

The market capitalisation of the Ethereum network has fallen below the levels observed prior to its epic price run up in 2017. The total value of all Ether (ETH) tokens in existence now accounts for just less than eight percent of the entire cryptocurrency market.At the height of Ethereum hype, the smart contract platform accounted […]

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Top 5 Crypto Performers: XMR, BTC, BNB, ETC, XRP

The current hot debate is whether bitcoin will continue to rally while altcoins languish. Many have been outspoken in support of the largest cryptocurrency as it maintains its market dominance above 62%. Though bitcoin is the undisputed leader, it is unlikely that it will remain the only cryptocurrency that will see a sharp increase in […]

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‘Phase Zero’ of a New Ethereum Blockchain Could Go Live Next January

The next major iteration of the ethereum blockchain – dubbed ethereum 2.0 – may see a partial launch as early as January 2020.Proposed by Ethereum Foundation researcher Justin Drake in a bi-weekly coordination call between ethereum 2.0 developers, the date suggestion was raised after affirming that a code freeze of the first iteration of ethereum […]

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