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. Such … Read more

Techstars-Backed Alkemi Enters DeFi Race With $16 Million Liquidity Pool

A new type of decentralized finance (DeFi) app wants to boost crypto-market liquidity by offering you interest on your coins. Today at the demo day for Techstars’ blockchain cohort, Alkemi CEO Ryan Breen will unveil a crypto liquidity pool deal worth $16 million from industry veterans like Joseph Weinberg, chairman of the data network Shyft, … Read more

Voters on Ethereum App Veto Proposal to Fund Polkadot Blockchain

Aragon (ANT) token holders have voted to restrict the project’s development funds from being used to support work on the blockchain interoperability platform Polkadot. Aragon is an ethereum-based project that builds tools and applications for decentralized organizations. It raised over $25 million in an initial coin offering back in 2017. At present, the non-profit organization … Read more

Murder, Censorship and Syria: Crypto and the Future of Uprisings

Rachel-Rose O’Leary is a reporter at CoinDesk, covering how cryptocurrencies are being used in areas of economic, social and political unrest. This article is part of her ongoing dispatches from Rojava, Syria.  In August 2011, a hackerspace in Damascus, Syria, was stormed by armed guards. Known as Aikilab, the guards stripped the place; televisions, computers and … Read more

Funding Approved for Audit of Ethereum’s ProgPoW Mining Proposal

Ethereum developers announced today that funding has been approved to audit the hotly-contested code change known as Progressive Proof-of-Work or ProgPoW. Since February, developers have been gathering the funds necessary to back a third-party audit of the ProgPoW code. Today, during a weekly meeting, it was announced that the targeted amount of 50,000 DAI (equivalent … Read more

DeFi Upstart Dharma Brokers $6.4 Million in Crypto Loans in First 3 Weeks

Crypto loan platforms are booming as ether holders look to mitigate portfolio losses endured during 2018’s bear market. Among these decentralized finance (DeFi) applications, San Francisco-based startup Dharma Labs is emerging as one of the industry leaders by facilitating more than $6.4 million worth for crypto loans since its peer-to-peer lending platform launched on April … Read more

Vitalik Proposal Could Turn Ethereum Staking Into $160 Million Industry

A new proposal by Vitalik Buterin, the creator of ethereum, suggests he is considering increasing rewards for validators who would secure the operation of the next version of the world’s second-largest blockchain. Ethereum 2.0 is by far the biggest upgrade on the horizon for the ethereum blockchain, today valued at $17.5 billion. Its broader goal … Read more