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Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System (FRS), said that his department is monitoring the field of crypto assets, but does not plan to issue its own digital currency. Highlight: “We are following the whole question of digital currencies,” says Fed Chair Jerome Powell. “It's not something that we are actively considering. For us, it raises significant issues that we […]

Hudson Jameson, Ethereum Foundation's community manager, said Istanbul’s hard fork will be activated on the test network on October 2, according to CoinDesk. Initially, the testnet upgrade was planned for September 4. Nevertheless, the update had to be postponed due to the large number of proposals for improving Ethereum (EIP), as well as the unavailability of the Parity team. To date, the developers have already decided on the block number, […]

The developers of the Telegram Open Network reached the final stage before the full-scale launch of the project, introducing software for nodes and a block explorer for a test network. Initially, the release was planned for September 1, but was postponed for several days for unknown reasons. According to Dmitry Goroshevsky, Technical Director of TON Labs, about 100 […]

Facebook's Libra digital currency is vulnerable to economic shocks, writes Bloomberg, citing analysts at banking holding JPMorgan. According to them, she will not be able to provide the level of security that existing payment systems offer. First of all, we are talking about a bottleneck problem – when network bandwidth is limited, and the activity of participants does not stop growing. At JPMorgan […]

On the night of Friday, September 6, an unusually large transaction was recorded on the Bitcoin network in the amount of 94,504 BTC (more than $ 1 billion at the current rate). The commission of $ 700 became even more unusual. According to Whale Alert's Twitter account, previously unknown wallets that did not belong to any exchange were involved in the transaction. One of them translated 56% […]

The developers of the New Jersey-based startup Offchain Labs announced the release of an alpha version of the Arbitrum protocol, which, they said, is capable of processing more than 500 transactions per second. This is written by CryptoBriefing. Arbitrum hits over 500 TPS * for each contract *. And it can support thousands of contracts at the same time. https://t.co/VT2Idfoncd https://t.co/uTtpRiVIme – Offchain Labs (@OffchainLabs) September 5, […]

The Vostok project is developing an international logistics blockchain platform for the efficient transportation of goods, for the development of which a consortium of key players in the logistics market will be created. The company representative told CNews about this. It is expected that the new Vostok Trade platform will automate workflow, ensure verification and immutability of data, increase the level of traceability of goods and the reliability of data on delivery conditions. In addition, the creation of […]

The leading US cryptocurrency exchange Coinbase and Ripple are no longer in the top 10 US startups according to the LinkedIn service, an updated list of which was published on the website of this social network. So, now Coinbase and Ripple occupy the 29th and 28th places of the rating, respectively. Last year, bitcoin exchange was third on the list, and the issuer of digital currency XRP – […]

Denver-based startup Dapix Inc. announced the attraction of $ 5.7 million in the financing of Series A, led by the venture division of the Binance exchange. It is reported by CoinDesk. Other investors were Blockwall Capital, NGC Ventures and LuneX Ventures. Today's a huge deal for us – we're happy to announce that we've received funding to get the […]

The creator of Ethereum Vitalik Buterin is confident in the prospects of launching the zero phase of the transition of the Ethereum ecosystem to stage 2.0 and said that this will happen next year. He talked about this, as well as about his doubts about the community’s acceptance of the transition to the Proof-of-Stake consensus mechanism in the 80,000 hours podcast. We spoke to @VitalikButerin, child prodigy and creator of […]