Labs

Christie’s ‘No Time Like Present’ Auction Expected to Mark NFT Milestones

Auction giant Christie’s hopes to set several milestones in crypto art history with its upcoming “No Time Like Present” auction.Sponsored Sponsored The auction, scheduled to begin on September 17, will be based from Hong Kong, running for 11 days. This is special not least because, according to Christie’s themselves, the event will mark the first time an international auction house has ever made a non-fungible token (NFT) sale in Asia. Furthermore, it will be the first time that some of the artworks have been offered outside of an NFT trading

Flare Network Review: Smart Contract Network For XRP

As the third largest cryptocurrency most people familiar with the space have heard about Ripple and they understand that it is a global payment and foreign exchange network that was designed to replace the outdated SWIFT banking network. And while it works great for that specific use case, otherwise it has shown limited usefulness in other functions.That might all be fixed however as the Flare Network has been created with the goal of improving the utility of XRP tokens by creating a network with smart contract capability for the XRP

SEC Crypto Mom Greets Pro-Crypto Acting Chairman

SEC Commissioner Hester Price tweeted on Dec. 24 her congratulations to fellow commissioner Elad Roisman on his promotion. Congratulations, Chairman Roisman! I look forward to your leadership of the SEC.— Hester Peirce (@HesterPeirce) December 24, 2020 Securities and Exchange Commissioner (SEC) Roisman’s appointment is not official. The SEC and White House have not confirmed the fact. However, Commissioner Price, known to the crypto community as Crypto Mom, did tweet her greetings. Feat of Clayton at SEC The move comes a day after SEC Chairman Jay Clayton announced his immediate departure.

ING, Rolls Royce and Multi.io Join Blockchain Education Alliance

The Blockchain Education Alliance launched by blockchain accelerator MouseBelt has gained several noteworthy new members. Ashlie Meredith, the head of education for MouseBelt Blockchain Accelerator, told Cointelegraph on Aug. 17 that the new members include brewing company Anheuser-Busch InBev, Dutch bank ING, cryptocurrency exchange Multi.io, and luxury car company Rolls Royce. The addition of these firms makes 26 current members in the organization.According to MouseBelt, these companies have been utilizing blockchain technology for up to five years.  Blockchain Education Alliance was involved in a three-day conference which streamed nonstop in May when

Ethereum Price Falters Around $430 as ETH2 Testnet Experiences Outage

Ethereum’s price has begun to falter after surging higher late last week. The cryptocurrency trades at $430 as of this article’s writing, which is a few percent below and a few percent above the local highs and lows, respectively. ETH is flat in the past 24 hours, trading down by a negligible 0.15%. The stagnation in the value of the leading cryptocurrency comes as the Ethereum 2.0 (ETH2) testnet has experienced an outage. It is unclear if the price action and outage are correlated, but ETH2 is a fundamental driver.

Two Attacks on ETC Network Leave Community Needing a Solution, Fast

Ethereum Classic, a 2016 hard fork from Ethereum’s main blockchain, has suffered multiple concerning network attacks over the last two years. Two such attacks occurred within a seven-day span, totaling millions of dollars in losses. With the dust settling from the two 51% attacks, further details are now coming forward, as provided by a number of industry experts.“There is no debate about the attacks,” ETC Labs CEO Terry Culver told Cointelegraph on Aug. 7, answering a question on whether or not the network difficulties were in fact 51% attacks. “Community

Blockchain Phones and Bitcoin Watches: Revisiting the Crypto Tech Hype

Talk of cryptocurrency and blockchain-powered gadgets inevitably spiked alongside the hype for token prices. But looking back, have they delivered any meaningful changes to users, or are they just another result of the hype synonymous with the space? The surge of interest in the space came to a head in 2017 as Bitcoin (BTC) hit never-before-seen highs of around $20,000 before crashing dramatically and entering the bearish crypto winter. While the collapse left devastation in its wake, the months of focus brought Bitcoin, cryptocurrency and blockchain technology into the mainstream consciousness

Ethereum Classic’s Leadership Says They Don’t Need Charles Hoskinson’s Bailout

Cardano (ADA) founder Charles Hoskinson recently offered to help the troubled Ethereum Classic (ETC) community, but it came with a major condition. The community would first have to institute a decentralized treasury system, similar to Hoskinson’s Cardano and many other blockchain projects. If the community did not accept his terms, Hoskinson felt like his help would have been a waste of time and money:“It's not worth my company's time or our strategies to pivot for a grant or a one off payment to go and bail us out. If there

Ethereum 2.0 Testnet Performing Well, 1 Million ‘ETH’ Staked

It’s been almost a week since the launch of the ETH 2.0 final public testnet, which has been performing as intended by most accounts. As many as one million ETH have been staked on the Beacon Chain simulation, reviving hopes of a mainnet launch later this year. The Medalla ETH 2.0 testnet has been running for six days which has given developers a chance to monitor early progress. Launched on Aug 4, Medalla is the fifth and final testnet for the long-awaited upgrade to an Ethereum proof-of-stake consensus. Phase 0