Israeli University Sues Professor for Zero-Knowledge Proofs Technology

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A leading Israeli university is suing one of its own senior staff members for allegedly creating a zero-knowledge proofs technology company based on the intellectual property the professor developed while working for the institution. Also Read: Will Belarus Be the First Country With Nuclear-Powered Bitcoin Mining? The Technion Wants a Piece of Starkware The Technion…

Analyzing Vitalik Buterin’s Statement About Cryptos that are “Centralized Piles of Trash”

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Co-founder of Ethereum, Vitalik Buterin, spoke at the Blockchain Connect Conference in January about Casper CBC and Ethereum 2.0, but also criticized blockchains that boast their speed, calling them “centralized piles of trash.” At the Blockchain Connect Conference in San Francisco, the audience asked Vitalik whether CBC Casper was being designed with any transaction throughput…

Humor: Vitalik and His Hands of Steel, Buterin HODLs Through $450 Million of Losses

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Ethereum is getting gutted during this market downturn, losing 60 percent of its value in the last three months alone. Despite the nosedive, enigmatic Ethereum founder Vitalik Buterin has held steadfast. From all-time highs in January, Buterin has lost nearly $470 million in the value of his ETH holdings. That said, he has shown no…

Ethereum’s New Serenity Protocol Lowers the Cost of Running Staking Nodes

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Ethereum’s new Serenity update, which will enable the network to transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus model, has been generating a lot of hype in 2018. Apart from addressing the problem of scalability, the new chain also drastically reduces the cost for running a staking node in Ethereum 2.0, it was…

Why U.S. Congress Won’t Pass Crypto Bills Anytime Soon

Why U.S. Congress Won’t Pass Crypto Bills Anytime Soon

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According to Jake Chervinsky, a government enforcement defense and securities litigation attorney at Kobre & Kim LLP, as of now, the U.S. Congress will not be passing a crypto bill in the foreseeable future. Had drinks yesterday with a friend who's deeply connected in DC. Me: “what do you hear about crypto on the Hill?”Him:…

Vitalik Buterin Proclaims an End to Explosive Growth as ETH Values Plummet: How Will Ethereum Recover?

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Ethereum prices have plummeted over the last week, experiencing a drop in value of over 30% amidst a bloodbath that has shaved $50 billion off the cumulative cryptocurrency market cap. With ETH prices hovering around the $200 mark, Ethereum co-founder Vitalik Buterin announced the end of the age explosive growth within the cryptocurrency industry. Related: Altcoins…

Answering Vitalik Buterin’s 7 Hard Questions For the Blockchain World Part 6: Proof of Centralization

Answering Vitalik Buterin’s 7 Hard Questions For the Blockchain World Part 6: Proof of Centralization

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Ethereum co-founder Vitalik Buterin put forward a series of open questions to the cryptocurrency community in a recent discussion with Mars Finance International WeChat group, postulating seven issues present within the blockchain ecosystem. Buterin’s “hard questions for any blockchain people” deal with some of the biggest obstacles that stand between the current state of blockchain…

Answering Vitalik Buterin’s 7 Hard Questions For the Blockchain World Part 5: Proof of Waste

Answering Vitalik Buterin’s 7 Hard Questions For the Blockchain World Part 5: Proof of Waste

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Ethereum co-founder Vitalik Buterin put forward a series of open questions to the cryptocurrency community in a recent discussion with Mars Finance International WeChat group, postulating seven issues present within the blockchain ecosystem. Buterin’s “hard questions for any blockchain people” deal with some of the biggest obstacles that stand between the current state of blockchain…

MyCrypto Condemns Chinese Exchange For Spamming and Congesting Ethereum

MyCrypto Condemns Chinese Exchange For Spamming and Congesting Ethereum

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MyCrypto, one of the most popular Ethereum and ERC20 token wallets created by the co-creator of MyEtherWallet, heavily criticized Chinese cryptocurrency exchange FCoin for congesting the Ethereum blockchain network with insignificant transactions. Condemnation of FCoin’s Absurd Business Model FCoin, a cryptocurrency exchange created by former Huobi CEO, debuted in early 2018 with an unusual business…

Major Fund: 99% of Blockchain Investors are Interested in Profits, Could Ruin Market

Major Fund: 99% of Blockchain Investors are Interested in Profits, Could Ruin Market

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Joyce Kim, co-founder of $3.5 billion blockchain network Stellar and cryptocurrency hedge fund managing partner at SparkChain Capital, said in an interview with Chosun that 99% of blockchain sector of investors are interested in short-term profits rather than the technology. At a cryptocurrency conference covered by mainstream media and publications like Chosun and JoongAng, Kim…