OKCoin is delisting bitcoin cash (BCH), a fork or “clone” of bitcoin, as well as its own fork, bitcoin sv (BSV), both as a way to protect neophyte clients who are trying to buy bitcoin and as a statement of principle. Shared exclusively with CoinDesk before Friday’s announcement, the exchange’s higher-ups decided to scuttle the
An “enterprise blockchain” is a type of permissioned blockchain that can be used to streamline business processes at scale, such as track supply chain goods or settle global payments. Corporations believe this type suits their needs better than a public blockchain network, such as Bitcoin, because the visibility of their data can be restricted to
Ethereum developers have scheduled the Berlin hard fork for April 14 at block height 12,244,000, according to the Ethereum All Core Developers meeting Friday. The hardfork includes various optimizations for contracts including gas efficiencies, updates to how code is read by the Ethereum Virtual Machine (EVM) and other changes to protect against denial-of-service (DDOS) attacks.
Online brokerage app Robinhood says it plans to enable withdrawals and deposits of cryptocurrencies including dogecoin. In a tweet Wednesday, the app provider said it “fully intends” to provide the extra functionality, though not date is provided for when it might be activated. Currently, traders can only buy and sell crypto assets within the app,
At 6:00 UTC Thursday, the Stargate upgrade of Cosmos will go live. The Cosmos community recommends that interested observers follow along by watching the @cosmos account on Twitter. Stargate represents an important milestone for the Cosmos project on the way to launching its inter-blockchain communication (IBC) protocol that will allow the 200+ Tendermint-based blockchains to
Trading in ether futures went live on the Chicago Mercantile Exchange (CME) late last Sunday with the February contract registering an opening price of $1,669.75. In less than two weeks, the open price of the February contract has jumped 5% to $1747.75 as ether spot prices have continued to climb upwards of $1,700. In terms
The leader of lossless lotteries on Ethereum, PoolTogether, is airdropping a new token to all its users who have joined it for the ride so far: POOL. “I’m really excited about the potential for a consumer financial primitive rather than a financial financial primitive,” PoolTogether founder Leighton Cusack told CoinDesk in a phone call. “This
A flash loan is relatively new type of uncollateralized lending that has become popular across a number of decentralized finance (DeFi) protocols based on the Ethereum network. These types of loans have made headlines recently because they have been used to exploit a number of vulnerable DeFi protocols, leading to millions of dollars in losses.
An Ava Labs engineer gave a rundown of the small code bug that severely crippled the Avalanche blockchain earlier this week. In a Sunday Medium post, blockchain engineer Patrick O’Grady wrote that increased congestion on the network triggered a “non-deterministic bug” related to how the high-throughput, proof-of-stake blockchain keeps track of transactions. Funds were never
Seven female coders from Iran got scholarships and graduated from a bootcamp of ConsenSys Academy, Ethereum startup incubator’s educational branch. The scholarships, a part of ConsenSys’ global program to help developers start coding on the Ethereum blockchain, might provide additional opportunities for people in the country largely cut off from the international tech community. Women
It will take 21 years for the rest of the world to mine as much of the Chia (XCH) cryptocurrency as the company behind it will have on the day its mainnet launches next month. “We believe that chia, a new digital currency built on our new blockchain with radically different features and security than
Enterprise software provider R3 has launched a new computing platform called Conclave which it says can handle sensitive business data while keeping it secret. According to a Thursday announcement, the Conclave platform will combine confidential computing with Intel Software Guard Extensions, which help protect data from modification. It also provides an API that allows clients to
The Avalanche network has come to a near halt after “a bug in the cross-chain functionality” code that enables the Avalanche protocol and the Ethereum Virtual Machine (EVM) to speak with each other failed under high loads, according to the Avalanche developer team on Reddit. The release of Avalanche’s newest decentralized finance (DeFi) product money
Pantera and Lemniscap have led a $4.4 million round for Reflexer Labs, the creator of a new gentlecoin, one that follows ETH’s price, minus the volatility. Several backers from its prior round followed on. If a purely crypto token had an easily conceivable value relative to real products (for example, one token consistently equaled, say,
Gaming developers have begun integrating Bitcoin’s Lightning Network into their own games and existing titles to provide players with bitcoin payouts. The Lightning Network is a payment protocol that facilitates fast, near-feeless transactions on a network that operates with different rules than Bitcoin’s primary network. This in-game rewards economy offers everyday gamers a “stake” in
Rows of latest-model laptops, highly sought after by the gaming community, have been spotted in China being used to mine cryptocurrency. In tweets posted on Wednesday, images show a room filled with “several hundred” gaming laptops said to be kitted out with Nvidia RTX 30-series graphics processing units (GPUs). WCCTech, a computer and gaming publication,