Ethereum

Ethereum Foundation Plans to Spend $30 Million on Ecosystem Development

The Ethereum Foundation plans to spend $ 30 million on ecosystem development over the next 12 months. The foundation’s executive director, Aya Miyaguchi, announced the plan at the ConsenSys-organized Ethereal Summit in Brooklyn on Friday. Over the past year, the foundation spent roughly $ 27 million on their grants program, which supports critical projects across the […]

Ethereum

JPMorgan Has Quietly Rebooted the Blockchain Tech Behind Its JPM Coin

The Takeaway JPMorgan’s technology teams spread across three continents have been busy updating the bank’s Quorum blockchain platform over the past six months, replacing key parts of its privacy-enhancing components. Like JPMorgan’s recently announced partnership with Microsoft Azure, the updates were meant to make Quorum usable by a larger universe of firms. According to JPMorgan […]

Ethereum

‘A Loan Shark Situation’: MakerDAO Is Leaving Crypto Borrowers With Rising Bills – And They’re Crying Foul

The Takeaway An ethereum protocol for programmatic lending, MakerDAO emerged as a clear market leader in part for its rock-bottom interest rates of 0.5 percent. But the code behind MakerDAO requires interest rates to do more than extract business from borrowers, it’s a technological necessity for keeping its DAI stablecoin worth $ 1. With interest […]

Ethereum

New NFT Powered Collectibles Game Nifty Football Launched

Nifty Football launches Manchester company BlockRocket has announced the launch a new blockchain-powered football digital collectible game. Called Nifty Football, the new game lets players collect and play with provably scarce, unique digital trading cards powered by Ethereum. The first digital trading cards are now available for purchase, the company said on Wednesday. Nifty Football […]

Ethereum

Microsoft Releases Ethereum App Development Kit for Azure Cloud

Tech giant Microsoft has released a suite of tools allowing clients to build ethereum-based apps on its cloud computing platform Azure. The new Azure Blockchain Development Kit for Ethereum will help developers create and deploy ethereum-based apps on Azure Blockchain Service or the ethereum blockchain, Chris Pietschmann, Microsoft MVP (most valuable professional) and founder of […]

Ethereum

Code For Ethereum’s Proof-of-Stake Blockchain to Be Finalized Next Month

Code for ethereum’s highly-anticipated proof-of-stake (PoS) blockchain is on course to be finalized as early as sometime next month. In a bi-weekly call between ethereum developers, Ethereum Foundation researcher Justin Drake said that code specifications for the first phase of ethereum’s transition to a proof-of-stake network were “on track” to be finalized by June 30. […]