Ethereum Foundation reveals its development plans for the next year

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The Ethereum Foundation announced the achievements made over the last year and how it plans to allocate its resources over the next 12 months. Changes from the Ethereum Foundation The Ethereum Foundation has redefined its strategy to do what is best for the ecosystem focusing on where the most value can be added and allowing…

FINRA approval opens up Grayscale’s Ethereum Trust to individual investors

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Grayscale, a New York-based asset management company, received approval from FINRA to list its Grayscale Ethereum Trust shares on OTC markets which will become the first publicly-quoted Ethereum-based securities. Ethereum Trust receives FINRA approval for public quotation Grayscale Investments, a New York-based digital asset management company, made history today for being the first company to…

‘Tackling Real World Issues’: Hackers at ETH New York Build Apps Geared Towards Social Change

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A New York Blockchain Week ended last Friday we spent time at an ethereum hackathon where developers came together to build blockchain tools with social impact.

New Ethereum-based digital collectibles market Meme Factory goes live

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A new Ethereum-based digital collectibles market called Meme Factory went live this week. The platform was created by district0x, a network of decentralized marketplaces behind the DNT token, and will allow users to create, issue, and trade rare digital collectibles. Users can now trade “provably rare” digital collectibles on Meme Factory The digital collectibles industry…

Markets Update: Bears Claw Crypto Prices Back While Uncertainty Fills the Air

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Digital asset markets fell hard during the early morning trading sessions on May 17 as the price of bitcoin core (BTC) quickly tumbled from $7,900 to a low of $6,200 on Bitstamp. Many other crypto markets followed BTC’s drop in value, but over the last few hours, a good portion of coins have regained a…

How Bitcoin and Ethereum plunged in minutes amidst unexpected correction

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On May 17, the price of Bitcoin plunged from around $7800 to $6700 within minutes in a flash crash on BitMEX. Immediately after, the price of Ethereum dropped from $240 to $190. The abrupt decline in the price of Bitcoin was triggered by the placement of a large sell order on Bitstamp and other major crypto…

SEC Commissioner Says Time Is Right for Bitcoin ETFs — 3 Funds Pending

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The U.S. Securities and Exchange Commission (SEC) is currently reviewing three bitcoin exchange-traded funds (ETFs), one of which was filed last week to track the prices of two cryptocurrencies. An SEC commissioner said at the Consensus conference on Monday that the time is right for a bitcoin ETF, as the commission is due to make…

Vitalik Buterin: “Microsoft has embraced the open community of blockchain developers” on Ethereum

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On May 7th, Microsoft announced the Azure Blockchain Service, a tool that helps developers and companies create, deploy, and manage blockchain networks. This service, which is currently in public preview, is a continuation of Microsoft’s goal to provide platform-as-a-service tools for blockchain technology. At the Build, Microsoft’s marquee developer conference that occurred in Seattle on May 7th,…

Markets Update: Crypto Prices Continue to Gather Bullish Momentum

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Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $20 billion. Moreover, global trade volume has been significant, crossing $85 billion worth of coins swapped in the last day. Also read: Bitcoin’s Software Has Been Rolled Back Before Crypto Markets Add $20…