Ethereum Classic developers and contributors recently decided that the Atlantis hard fork will occur on block 8,772,000, estimated for September 17. The Atlantis hard fork for Ethereum Classic (ETC) has been officially set to occur at block 8,772,000 on the blockchain, according to the Ethereum Classic Improvement Protocol (ECIP) finalization call via Discord on June […]
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Chaos at the headquarters of MakerDAO: Why have some key members left the company, while others hired a lawyer? In the crypto industry, there are many examples of how a conflict of interest has led to a company split. Perhaps, the largest ones are the forks of bitcoin (BTC), bitcoin cash (BCH) and the Ethereum […]
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The exchange’s co-founder called the move a regulatory play following the turmoil at affiliated platform Bitfinex. Cryptocurrency exchange Ethfinex, the sister exchange of Bitfinex, has launched a test decentralized autonomous organization (DAO), the company confirmed in a blog post on June 12. Ethfinex — which earlier this month launched a decentralized over-the-counter (OTC) trading platform […]
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A full guide to decentralized exchanges — how they work and differ from their centralized counterparts. Any dispute settlement process? The main issue when talking about regulation of DEXs is that, in most cases, such exchanges are not controlled by a specific legal entity or individual. Since DEXs are not required to follow regulations, this […]
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DAO collective dOrg has created dOrg LLC, an Ethereum-based DAO with legal status in the United States. Decentralized Autonomous Organization (DAO) developer cooperative dOrg has created a limited liability company (LLC) to grant its native DAO legal status, according to a report by independent law firm Gravel & Shea on June 11. As its name […]
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The success of Tezos’ self-amendment process and other recent events stress the relevance of the topic of governance in the crypto community. On May 30, Tezos implemented the amendment Athens A, as the result of a voting process that involved its baker nodes (the Tezos equivalent of “miners”) from Feb. 28 to May 30. Although […]
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Blockchains, LLC, has acquired slock.it, a small blockchain development team that created The DAO. United States-based blockchain incubator and investment firm Blockchains, LLC, has acquired the German Ethereum dev team slock.it, according to a press release on June 3. Slock.it’s team is reportedly around three dozen large, and is known for its creation of the […]
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Why Kik believes it has a case against the SEC in proving that “kin” isn’t a security. It’s difficult to fight progress. Although, if you’re the United States Securities and Exchange Commission (SEC), you can at least try, which could explain why the agency has so far refrained from producing clear and favorable cryptocurrency regulation. […]
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Public smart contract-enabled blockchain tezos is about to undergo its first hard fork today. After three months, a governance vote of public smart contract-enabled blockchain tezos (XTZ) started on Feb. 28 has been concluded — as scheduled — three months later, on May 28. Cryptocurrency news outlet Coindesk reported yesterday that the voting process has […]
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Major exchange and cryptocurrency platform Coinbase has added support for Ethereum-based stablecoin Dai in most jurisdictions. Major cryptocurrency platform Coinbase now supports stablecoin Dai (DAI), according to an official press release on May 23. Coinbase says that the token can be purchased and sold, sent and received, and converted or stored in most jurisdictions on […]
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