Blockchain To Help Fishing Industry By Tracking Fish Origins Ethereum

Blockchain To Help Fishing Industry By Tracking Fish Origins

More and more people are focusing on the origins of their food. People are interested in where their food came from, what it ate, the legality of the supplier, and if they subjected to forced labor. A new technology, piloted by Provenance, is making the way we track food easier. The seafood industry will now be able to record when and where the fish were caught, processed, and sold. Before this technology, everything was documented through paper records. Provenance ran their trial from January to June 2016 in Indonesia, one of the largest tuna producing countries. “Mobile, blockchain technology and smart tagging were used...
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Swiss Finance Industry Consortium to Bring OTC Equities onto Ethereum Blockchain Ethereum

Swiss Finance Industry Consortium to Bring OTC Equities onto Ethereum Blockchain

Blockchain technology moving into the financial sector has proven to be a beneficial and lucrative move. Leading a consortium of 45 companies in research and development (of blockchain usage within the Fintech sector) was a wise move by R3, the blockchain tech company. Moreover, blending technology with finances redacts human error and lowers the risk to all parties involved. Recently, a project led by IFZ/ Lucerne University of Applied Sciences and Arts utilizing the Ethereum blockchain has come forward with a consortium of their own in the Swiss sector to bring OTC equities onto the Ethereum Blockchain. Mathias Bucher, Project Manager of this effort, wrote on Reddit: OTC Equities are traded “over-the-counter”, i.e., not...
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Ethcore Hosts Crypto and Blockchain Room at RustFest Ethereum

Ethcore Hosts Crypto and Blockchain Room at RustFest

RustFest, Europe’s first conference dedicated to the Rust programming language, will be held in the Microsoft Atrium in Berlin. RustFest will take place Sep. 17-18 2016. The list of sponsors includes Microsoft, Mozilla, Aim, QiTASC, and Ethcore. Three topic rooms will be held at RustFest: Embedded- A playing field for Rust are embedded devices and the IoT. This room is dedicated to the embedded topic. Crypto and Blockchain- This room focuses on implementations of crypto and blockchain technology. Low stack- In this room, attendees can build their own parser or their own language. The sponsoring company, Ethcore, will be hosting the Crypto and Blockchain room at RustFest, which will focus on crypto...
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Coinbase Bug Allowed Users To Fund Wallets With Virtually Unlimited Ether Ethereum

Coinbase Bug Allowed Users To Fund Wallets With Virtually Unlimited Ether

Disclosed today, an exploit in Coinbase contracts allowed users to fund wallets with potentially unlimited amounts of Ether. Dutch researchers discovered the flaw, furnishing it to Coinbase in January. The Dutch firm, VI Company, was instrumental in identifying a Coinbase exploit that was – until today – largely unknown. Disclosed via the vulnerability tracking and coordination platform HackerOne, researchers at VI Company described the issue as follows: "By using a smart contract to distribute ether over a set of wallets you can manipulate the account balance of your Coinbase account." VI Company's posting continues: "If one of the internal transactions in the smart contract fails, all transactions before that will be reversed. But on...
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Ethereum Price Forecast: Ether Made U-Turn Ethereum

Ethereum Price Forecast: Ether Made U-Turn

Technically, the 6-hour chart indicators are moving lower in the bearish territory. ETH/USD Struggles to Recover Yesterday, we discussed the importance of $420.00 resistance. ETH/USD did trade higher toward that level but failed to break it. As a result, there was a downward reaction and the pair moved below $400.00. Similarly, there was no upward movement in ETH/BTC. The pair is struggling to hold the 0.0550BTC pivot level and it could decline further. Looking at the 2-hour chart of ETH/USD, the pair faced a crucial resistance near $420.00, which buyers could not push beyond. Ether fell, breaking the 23.6 Fibonacci retracement...
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Ethereum ASICs Are Here: What the New Miners Mean and What's Next Ethereum

Ethereum ASICs Are Here: What the New Miners Mean and What’s Next

ASIC-resistant no more? That's the question circulating Tuesday in the wake of news that Bitmain, the China-based maker of hardware specialized for cryptocurrency software, had developed a new "ASIC" mining chip designed specifically to process ethereum transactions and claim the protocol's rewards. Bitmain confirmed the release of its Antminer E3 chips, which will retail for $800, in a tweet that broke what had been weeks of speculation that it would soon launch such a product, one that ran counter to statements from company officials to CoinDesk even hours before. Still, for ethereum's developers and users, the news wasn't exactly a surprise -...
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The Game Isn't Over Yet For Bitcoin, Ethereum, Ripple, And Litecoin Ethereum

The Game Isn’t Over Yet For Bitcoin, Ethereum, Ripple, And Litecoin

Investing in Bitcoin, Ethereum, Ripple, and Litecoin is still a game that can make people rich and truly free, according to some experts. Bitcoin and other cryptocurrencies have made many people very rich, very quickly - people who purchased into these cryptocurrencies early, before they ran their exponential course. But they have made many people very poor very quickly, too--people who purchased these cryptocurrencies near their old-time highs, before they got crushed. "It's safe to say that the price action in the crypto market over the past few months has been very ugly,” says Investing.com Senior Analyst Jesse Cohen. “All the major...
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Ethereum Classic (ETC) Is Aiming To Align With Ethereum (ETH) Ethereum

Ethereum Classic (ETC) Is Aiming To Align With Ethereum (ETH)

The DAO attack recently resulted in the Ethereum hard fork, the significance of which is still lingering and will continue to do so for a long time. The reason behind this is that this attack resulted in the bifurcation of the Ethereum blockchain. The newly formed chain is known Ethereum while the old chain that did not embrace any alterations to the code was renamed as Ethereum Classic (ETC). Not only did the two coins adopted different roadmaps but also the original chain remained incompatible and lacked upgradation. This implied that none of the current upgrades and updates could be...
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Ether's Start to 2018 Has Broken Records (In a Bad Way) Ethereum

Ether’s Start to 2018 Has Broken Records (In a Bad Way)

Ethereum's ether (ETH) token fell 47.5 percent in the first three months of 2018 - its worst quarterly drop on record. While the notable slump came amid a general downturn afflicting the cryptocurrency markets, it was also exacerbated by problems more unique, perhaps, to ethereum. However, although the decline appears major at first glance, it looks like a drop in the bucket when compared to the astounding 9,382 percent rally ether saw in 2017. Looking at the historical data above, the cryptocurrency's previous worst quarterly performance came at the end of 2016, when it fell by 39.6 percent from $13.2...
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