Search results: proof of work

The recent steep rise in Bitcoin and Ethereum prices has also led to more crypto mining and energy-consumption, much of it still powered by coal.

Cardano blockchain, a so-called ‘Ethereum killer,’ completes its Mary hard fork upgrade as ADA becomes 3rd largest cryptocurrency behind bitcoin and ether.

CasperLabs, a new smart contract blockchain network, announces its CSPR token sale — which CTO Medha Parlikar likens to a ‘gas futures market.’

CEO of CasperLabs, part of the Blockchain Service Network’s China and international versions, gives an insider’s view of blockchain’s future on the mainland.

ConsenSys Codefi’s 4Q 2020 report on DeFi trends also predicts more ‘wrapped’ tokens, tranche lending products and Ethereum 2.0 derivatives in 2021.

Other top blockchain and cryptocurrency news: BIS touts digital currencies. China’s blockchain network to add CBDCs as payment option.

Comparing countries like Ethiopia to ‘China in the 80s,’ Charles Hoskinson of IOHK explains Cardano’s Africa strategy and why the Fortune 500 needs crypto.

Eth2 will run in parallel with Ethereum 1 for now. For how much longer, and will this affect ether inflation and block rewards? Konstantin Richter of Blockdaemon explains.

AWS is down again? Protocol Labs’ Filecoin — an ‘Airbnb for cloud storage’ — is a response to the risks inherent in centralized data storage and cloud giants

ETH 2.0 raises over $300 million from over 16,300 participants, putting it on track for release next week after whales make big investments in the last minute.

Blockchain technology is spurring more carbon credit trading while lowering costs for young investors to get involved, says Stefan Rust of Sonic Capital, in a special Forkast.News interview.

In a special interview, Konstantin Richter of Blockdaemon also discusses the critical role of government in encouraging greater blockchain adoption.

ETC’s recent hacks may be an occupational hazard of ‘proof-of-work’ blockchains, including BTC and ETH. Is going ‘proof of stake’ the answer?

Released this week after much anticipation, Eth2 could finally become “the world’s computer” that the original Ethereum aspired to be. What challenges lie ahead?

Many blockchain protocols claim to be decentralized, but industry practices show the opposite. Even Bitcoin is largely controlled by a few.

Other top news: Teen accused of masterminding Twitter VIP hack heads to court. Huobi launches DeFi lab. Fintech VC in Singapore and Indonesia.

Other top news: China imposes standards for blockchain companies. Huobi launches digital asset custody business. Blockchain VC in the Middle East.

Crypto tax expert Vamshi Vangapally explains the impact on coins like NEO, Stellar, VeChain, Ontology, Tezos and soon, ETH 2.0.

Smart-contract platform Ethereum’s new version is set to operate on a Proof of Stake system that may be released in 2020 according to Andrew Keys, co-founder of ConsenSys Capital. Vitalik Buterin, co-founder of Ethereum explained that Ethereum 2.0 will provide added capacity for users through sharding and scaling, privacy features and more alongside the new Proof of Stake system.

Identification on a protocol level could help blockchain become mainstream for blue-chip companies like MasterCard, Volvo and Geely if international regulations are met. Anonymity is “exactly what is hindering wider use of blockchain,” said Concordium CEO Lone Fonss Schroder.

It wasn’t even on the agenda last year. Ling Wu, Founder and CEO of TBCASoft, tells us why blockchain is taking the Shanghai Mobile World Congress 2019 by storm. Wu is the Chairman of the Carrier Blockchain Study Group (CBSG) Consortium, an initiative between TBCASoft and SoftBank to build a cross-carrier blockchain platform with leading global telecom operators. […]

It wasn’t even on the agenda last year. Ling Wu, Founder and CEO of TBCASoft, tells us why blockchain is taking the Shanghai Mobile World Congress 2019 by storm. Wu is the Chairman of the Carrier Blockchain Study Group (CBSG) Consortium, an initiative between TBCASoft and SoftBank to build a cross-carrier blockchain platform with leading global telecom operators. […]

Ethereum’s Shanghai upgrade brings about new changes and flexibility for investors – how much of an impact could it have on the industry?

Nearly three out of four institutional traders surveyed “have no plans to trade crypto,” while most see Artificial Intelligence as the next big disrupter.

DeFi is still a Wild West, and many would-be users are wary of its lawlessness and anonymity. Could decentralized IDs foster greater trust and growth in the sector?

Top blockchain and crypto news: BTC mining ETF outperforms. SBF under pressure as accusations mount. ‘China’s Instagram’ embraces NFTs.

Laws to prevent another FTX blowup, crackdowns on crypto tax cheats, and a ruling on Ripple are likely imminent. A bull’s eye is also on DeFi, writes Gergo Varga of SEON.

Cryptocurrencies post the Terra-Luna, FTX failures were a debated topic at the World Economic Forum meeting in Davos in the week through Jan. 20, with some authorities calling for a doubling down on regulations. Others had a more nuanced view.

EU’s new Digital Operational Resilience Act aims to help firms withstand cyberattacks. Monica Oravcova of Naoris Protocol explains why it doesn’t go far enough.

Small details can make a big difference on performance, and one careless error can lead to calamity. How should those in crypto drivers’ seats navigate their path?

Top blockchain and crypto news: SEC frowns on Genesis, Gemini. Solana soars. Will China tighten its embrace of WeChat Pay and Alipay to push its CBDC?

Although investors fear the Shanghai upgrade brings selling pressure to Ethereum, Amber’s Justin D’Anethan shares why this can be a bull case for Ethereum.

Top blockchain and crypto news: DCG under investigation. Lido DAO surges as Ethereum’s Shanghai upgrade looms. Hong Kong burnishes crypto credentials.

Indian cryptocurrency exchanges faced a flurry of taxes on trading last year that saw volumes across most platforms drop as much as 90%, slashing income from trading fees. What’s a crypto exchange to do? Maybe sell mutual funds?

Many crypto exchanges are implementing proof of reserves as trust and confidence are becoming two of the biggest watch words in the crypto space, but traditional institutions are also trying to bring the crypto sphere back to health.

Cryptocurrencies had a turbulent 2022 to say the least. Blockchain technology made progress but that failed to offset the multiple bankruptcies and hacks that plagued the industry through the year.

The FTX collapse was a pivotal point the cryptocurrency industry needed to grow beyond just a speculative asset class, Ledger’s Alex Zinder says.

Like an awkward teen, Bitcoin is facing a crisis of confidence, writes Eddie Hui of MetaComp. What lies in store for the original cryptocurrency in 2023?

A lot of the troubles for India exchanges in 2022 will run into next year as they shed staff and run down reserves to stay afloat, and not all are expected to make it.

Centralized exchanges releasing ‘proof of reserves’ is not enough to win back users, while improving user experience will be key, writes Holger Arians of Banxa.

The travel sector has many pain points and is ripe for disruption, writes Freddie Hickman of Hyper SQ. Here’s what blockchain can do, from tracking baggage to letting you resell your no-longer-wanted air ticket.

The trillion-dollar concert ticketing sector is plagued by scalping and other Web2-era problems, writes Ryan Kenny of SeatlabNFT. Here’s how blockchain can help fans and artists.

Before the FTX implosion there was Mt. Gox, an exchange that oversaw 80% of all Bitcoin trades before it collapsed in 2014. In this exclusive interview with Forkast, former Mt. Gox Chief Executive Officer Mark Karpeles says what he sees in store for the industry in 2023 in the wake of the FTX bankruptcy.

Top blockchain and crypto news: Grayscale’s cryptic reserves. Binance rides to the rescue? China hit by protests and digital dissent.

Justin Sun says CeFi must adopt DeFi’s transparency to regain public trust as 1inch Network cofounder Sergej Kunz sees crypto’s struggles as an opportunity for DeFi.

Reports of civil disobedience, protests and clashes with the police in cities and universities in China are unnerving financial markets in Asia

Top blockchain and crypto news: Fear stalks crypto as Genesis wobbles. FTX cleanup begins. China’s NFT scene shrinks.

In the first day of FTX’s bankruptcy hearing, FTX counsel says the organization was run as ‘personal fiefdom’ of Sam Bankman-Fried.

Cryptocurrencies are getting in the way of the mass adoption of blockchain technology, especially by tech businesses, says Red Date Technology chief Yifan He.

Top blockchain and crypto news: FTX fallout spooks sector. Crypto.com’s $400 million ‘accident.’ Hong Kong’s new digital asset drive.

The chief executive of Crypto.com, said the exchange’s exposure to FTX when it shut was under US$10 million.

The following is a running compilation of views and comments on the possible short- and long-term outcomes of FTX’s liquidity crunch.

There are not many white knight investors that are large enough to bail out the embattled crypto exchange, industry insiders say.

Large volumes of stablecoins moved out of exchanges, including KuCoin, OKX, Kraken, Huobi and Binance over the past week.