North Korea Funds Missile Programs With Stolen Crypto (UN Report)
The United Nations claimed that North Korea has financed its nuclear trials with stolen digital assets.
Ethereum News and Updates
Ethereum is a blockchain-based platform that allows developers to build decentralized applications (dApps) using smart contracts.
These are computer codes that facilitate the exchange of money, property, shares, content, or anything that has value. It’s pre-programmed and predefined, meaning that once the trigger conditions are executed, the result manifests automatically.
Ethereum has a native cryptocurrency, which is called Ether (ETH). ETH is currently the second-largest cryptocurrency by market cap.
The project’s whitepaper was published back in 2013 by Vitalik Buterin, Ethereum’s Co-Founder. In January 2014, Ethereum began the official development of the platform. A few months later, in August, the team managed to raise $18.4 million through a token sale. The ETH token was released during the summer of 2015.
Like Bitcoin, Ethereum was initially developed to work using the Proof-of-Work (PoW) consensus algorithm. However, the team is working to transition to Proof-of-Stake, which is supposed to take place in 2020.
Recent Ethereum News
KPMG Canada Adds BTC And ETH To Balance Sheet
A major accounting firm has made its very first cryptocurrency investments, following years of industry engagement in other ways.
DAO to Free Julian Assange Raises Over $38 Million
Ethereum holders have pooled their funds to prevent the Wikileaks founder’s extradition to the United States.
Proof-of-Reserves Audit Shows Kraken Holds $19B in BTC and ETH
Kraken has conducted an independent audit showing it has nearly $20 billion worth of BTC and ETH. It will also
Bitcoin Tops $40K, Correlation to Global Markets on Edge: The Weekly Recap
Bitcoin's price is up above $40K following a massive surge in just a few hours. The correlation with global markets
Solana Woes Worsen in $320 Million (120K wETH) Wormhole Bridge Hack
A bridge between Solana and Ethereum has been exploited for millions in the latest setback for the enterprise blockchain network.
Ethereum Investor Loses $500,000 After Sending WETH to the WETH Contract
In a since deleted-post, an Ethereum trader explained the simple mistake that cost him half a million worth of WETH.
Bitcoin’s Drop Below $33K, FOMC Meeting and Russia’s Crypto Ban Debacle: This Week’s Recap
Bitcoin's price tumbled this week, following the developments on the stock market and the latest Fed FOMC meeting.
Bitcoin’s Price Could Surpass $1 Million in the Next Decade, Says ARK Invest
ARK Invest's research team thinks BTC could trade at $1.36 million by 2030, while ETH's market cap could reach $20
Multichain Whitehat Hacker Returns 259 ETH: Report
Multichain became the latest protocol to come under a million-dollar attack from malicious entities. One white hacker, though, returned around