Ethereum developers are fiduciaries too
What distinguishes a ‘core developer’ from anyone interested in the project? The answer is control and authority: core devs have committed access and they can decide where the project is heading.
Latest Ethereum News
South Korea’s GDAC exchange loses $13 million in hack
Hackers targeted GDAC’s hot wallet, stealing 60 BTC, 350 ETH, and 10 million WEMIX tokens, accounting for a quarter of the exchange’s total holdings.
Public blockchains—the other option
Public blockchains also provide enterprise solutions despite its issue in scalability, and despite the popularity of private blockchains in businesses, it also has its fair share of woes.
Microsoft testing built-in digital asset wallet for Edge browser: report
The new non-custodial wallet is only available to a small select group and allows users to send and receive digital assets and NFTs—but on the Ethereum network.
Stablecoin market share rises to 12.9% as of January 2023, CoinGecko report finds
Interestingly, 2022 saw the market share occupied by smaller stablecoin projects vanish, with a significant drop-off in May 2022 which never reversed.
Playboy lost $4.9M in ETH as global digital currency market tumbled
PLBY Group accepted payments in ETH for its digital collectibles and included the digital currency on its balance sheet, noting that they were subject to impairment losses.
NYAG calls Ethereum a security and destroys decentralization myth
The NYAG filed charges against exchange KuCoin last week over failing to register as a securities and commodities broker-dealer while ETH was expressly labeled a security in the charges.
Ethereum is a security—CFTC is wrong
As per the legal opinion of both the chairman of the Securities and Exchange Commission and the New York Attorney General, Ethereum, and most other tokens sold via ICO, are unregistered securities.
New York’s KuCoin lawsuit calls ETH a ‘speculative’ security
New York’s Attorney General is accusing the KuCoin digital asset exchange of violating state laws on selling unregistered securities, specifically singling out ETH as one of those securities.
Is the SEC catching on to the BTC decentralization myth?
Gary Gensler recently gave an interview to the New York Magazine in which he had some revealing things to say about Bitcoin and its knockoffs, and in particular whether or not they are securities.
Paxful boots ‘not decentralized’ Ethereum because integrity trumps revenue
Paxful CEO Ray Youssef announces Ethereum's banishment from the digital asset trading platform, noting that the system's tokens were nothing but scams that have robbed billions of people.
The holy grail of blockchain tech—now on Bitcoin SV
Zk-proofs (or zk-SNARKs) are basically a way in which a party (or prover) can prove their knowledge of something secret to a second party (a verifier) without revealing the actual thing in public.