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Ether and BTC Didn’t Face Regulations Unlike New Projects

Ethereum and Bitcoin (BTC) did not have to comply with regulation, admitted Ethereum co-founder Joseph Lubin in an interview with industry news outlet Forkast published on Nov. 18. During the interview — which took place at the Hong Kong FinTech Week — Lubin noted that new projects need to comply with regulations, and explained the impact of the application of security law to the cryptocurrency space. You can’t sell a utility token, it’s not one …

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Not a Fee, But ‘Long-Term Payment’ — How Crypto Exchanges List Tokens

Visit the website of any stock exchange platform, like the Nasdaq or the New York Stock Exchange, and the listing fees for new companies are there to see. There is hardly any controversy when it is clearly stated like this, but the same cannot be said for the cryptocurrency space. Here, numerous reports show that crypto exchanges are being decidedly opaque about the structure of their listing fees. Take Blockstack, for example: A recent filing …

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Telegram’s Grams Wallet Is Available on GitHub in Test Mode

Telegram’s crypto wallet Grams Wallet is now available for MacOS, Windows and Ubuntu in testing mode, with the source code published on GitHub. Grams Wallet users can get test tokens Users can now download the test wallet client from its website, create an address and receive private keys as well as request and test Gram tokens in the app via a special Telegram bot called TestTonBot. Specifically, TestTonBot invites users to test out the service …

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Former IBM, Google Russia Exec Joins Blockchain Firm Credits as CBO

Former Google Russia chief technology officer Jennifer Trelewicz has joined blockchain platform Credits (CS) as its new chief business officer (CBO). According to an official announcement published on Oct. 11, Trelewicz’s first experience working with blockchain was during her time as the CEO of Russian technology startup S7 TechLab.  In the past, she also worked as the director of IBM’s systems and technology laboratory and the director of risks and market data at Deutsche Bank. …

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PoS Will Make Ethereum More Secure Than Bitcoin, Says Vitalik Buterin

After the proof-of-stake (PoS) consensus algorithm will be implemented in Ethereum’s (ETH) blockchain, it would become more secure and costly to attack than Bitcoin (BTC), co-founder Vitalik Buterin has stated. Buterin has voiced this opinion during Devcon 5, the Ethereum developers conference that took place in Osaka on Oct. 8–11. He specifically noted that — after the transition to PoS — higher cost of a potential attack would make Ethereum the safer network of the …

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A Clear Path for Ethereum

This article provides an overview of Ethereum’s rise, from conception through its initial coin offering (ICO) and beyond. Coinciding with the ICO came attempts to regulate and classify digital currency by multiple governmental and nongovernmental bodies — including the United States Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Uniform Law Commission, the Internal Revenue Service (IRS) and the Financial Crimes Enforcement Network (FinCEN). Each has its own opinion on the …

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Justin Sun Reveals New Plan for TRON’s Proof-of-Stake Mechanism

Blockchain platform Tron’s founder, Justin Sun, has announced a new plan for TRON’s (TRX) proof-of-stake mechanism. In a series of tweets on Sept. 21, Sun highlighted four key developments in the new plan for TRON’s proof-of-stake mechanism. Specifically, the developments will focus on the means of distributing staking revenues and greater engagement of the community. Community engagement  Sun revealed that the company will consider “a fair, decentralized distribution of staking revenues” to increase user participation …

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Ethereum Classic Successfully Implements Atlantis Hard Fork

The team behind Ethereum Classic (ETC) has activated the Atlantis hard fork aimed at the improvement of the altcoin’s functionality and compatibility with Ethereum (ETH). The news was announced in a Twitter post by ETC Director of Developer Relations, Yaz Khoury on Sept 12. Khoury congratulated the project with the development, saying: “Congratulations @eth_classic on the successful activation of the Atlantis Hardfork! Was one of the longest debates to reach consensus along with a lot …

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Cryptocurrency Exchange OKEx Announces Support for ETC Hard Fork

Cryptocurrency exchange OKEx has announced support for Ethereum Classic’s (ETC) upcoming Atlantis hard fork. In a blog post published on Sept. 10, OKEx announced that the exchange will support ETC’s hard fork, estimated to take place between Sept. 12 and Sept. 13, 2019 at block height 8,772,000. OKEx warned in the announcement that during the planned period, users should deposit their ETC to OKEx in advance since the exchange will handle related technical issues. Users’ …

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Telegram’s TON Blockchain to Be Compatible with Ethereum DApps

Telegram Open Network’s (TON) blockchain will allow developers to port their Ethereum (ETH) smart contracts. As industry news outlet CoinDesk reported on Aug. 30, software startup TON Labs managed by Telegram’s token offering investors is building a Solidity compiler for its blockchain. This programming language is primarily used to develop smart contracts in the Ethereum network. Assembly might be required Per the report, the tool would allow developers to port their Ethereum smart contracts over …

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