fbpx
Just 48 hours before the planned Constantinople hard fork for Ethereum the brakes were anchored on as a network code vulnerability was discovered. The price of Ethereum took a dive and the upgrade was postponed until the end of this month. As we approach the new date for Constantinople, Ethereum is holding steady while most…
Ethereum Core developers announced on Tuesday that they would postpone their much-awaited Constantinople hard fork. The team, which has previously settled January 16 as the official date for the Ethereum blockchain upgrade, decided to delay it after ChainSecurity found potential vulnerabilities in the code. The Switzerland-based blockchain audit firm said that Constantinople would enable “reentrancy…
Although Ethereum is currently seeing a price drop due to its highly-anticipated Constantinople hard fork being delayed, it will still likely prove to be a positive event for the cryptocurrency’s price once the security flaws are smoothed out and it is implemented. Investors will not know until Friday when the new scheduled date for the…
Over the past several weeks, Ethereum has seen consistent price gains that can be largely attributed to investors anticipating its Constantinople hard fork. This fork was widely viewed as being bullish due to it reducing the future supply of ETH by 33%. Now, Ethereum’s price is plunging due to Constantinople being delayed as a result…
Another major cryptocurrency exchange has announced that they deem recent the recently created Bitcoin ABC to be the true Bitcoin Cash. Hong Kong-based OKEx will relist the digital currency under the original Bitcoin Cash ticker, BCH. The announcement is the latest example of a large trading venue deciding similarly. Previously, both Winklevoss twins-founded Gemini and Coinbase…
When a blockchain forks, the new chain is often seen as an improvement over the existing one. The loyalties of the developers and crypto communities may be divided, but failure to come to consensus will result in a forked chain. Stress Test Breaks BSV This is exactly what happened to Bitcoin Cash last week and…
Brian Kelly, founder and CEO of cryptocurrency investment firm BKCM, has said the market is experiencing a “crypto civil war” as the announced “hard fork” in Bitcoin Cash failed to gain consensus among peers in the community. The disagreement is behind the plunging digital currency market, with Bitcoin losing the $6,000 handle on Wednesday, Kelly…
Markets creeping back up; XRP, Nem and Siacoin performing well. Crypto markets have crept back up a little since yesterday’s dump. They are still stuck at the bottom though as any upward momentum is lost after a few days. Market capitalization is approaching $220 billion once again but gains are small. Bitcoin, which has been…