Monthly Archives: December 2020

Ether Capital Corporation Announces Initial Commitment to Staking on Ethereum 2.0

TORONTO–(BUSINESS WIRE)–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO:ETHC) announces that it has begun participating in staking on the newly launched Ethereum 2.0 network and has committed to running a validator node on the network. Ether Capital’s validator has been running since Ethereum 2.0’s genesis block which was confirmed at approximately 7:00am ET on December 1, 2020. Ethereum has begun the transition to a “proof of stake” protocol,… Source link

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Bitcoin price hits new all-time high as crypto market matures

Bitcoin (BTC) price has officially reached a new all-time high on Dec. 1 above $19,892 after nearly three years, according to data from Coinbase and Tradingview. BTC/USD weekly chart (Coinbase). Source: Tradingview.com Despite the Thanksgiving crash last week, BTC price has managed to rebound throughout the weekend. BTC then easily passed the $19,000 mark on Monday to reach its all-time high, albeit on a couple of exchanges. There are three key trends that fueled BTC’s rise from sub-$3,600 in… Source link

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Bitcoin Makes a Hasty Retreat After Failing at $20,000 – Bloomberg

Bitcoin pulled back after making a run at $20,000 on Tuesday amid skepticism over the cryptocurrency’s intense rally. Prices rose to an intraday record of $19,914.33 and then sharply retreated. In an interview with Bloomberg Television, Gary Cohn, a former economic chief to Donald Trump, said the token “lacks some of the basic integrity of a real market” and could eventually fail. … Source link

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Over 5,000 Bitcoin Worth $97 Million from the 2016 Bitfinex Hack Spring Into Action

As bitcoin surpassed its 2017 all-time high on Monday morning, a few hours later 5,045 BTC or $97 million worth of bitcoin from the 2016 Bitfinex hack was transferred. The hackers that stole the funds four years ago have moved the bitcoins numerous times this year. The hackers that stole 119,756 BTC from the cryptocurrency exchange Bitfinex on August 2, 2016, have moved a number of stolen coins in 2020. The coins that… Source link

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Ethereum flips Bitcoin’s node count

Ethereum 2.0 genesis stakers have pushed the total number of Ethereum nodes past the number of Bitcoin nodes for the second time this year. According to Ethernodes.org, 11,259 Ethereum nodes are currently active, giving it a roughly 1% lead over Bitcoin’s 11,136. Ethereum’s node count last surpassed Bitcoin’s in early September. The number of Ethereum nodes has increased by more than 50% in the past two weeks or so, spiking from 8,086 on Nov. 15 — 11 days after the Eth2 deposit… Source link

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