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Posts filtered by tags: Ethereum[x]


 

Solana, a blockchain platform followed by top crypto investors, says it’s a lot faster than Ethereum

Solana isn’t known yet outside of the crypto community. But insiders think the blockchain platform is interesting for a wide variety of reasons, beginning with its amiable founder, Anatoly Yakovenko, who spent more than a dozen years as an engineer working on wireless protocols at Qualcomm and who says he had a lightbulb moment at a San Francisco cafe several years ago following two coffees and a beer. His big idea centered on creating an historical record to speed along “consensus,” which is ho...
Tags: Elon Musk, India, San Francisco, Tech, Tesla, Bank Of America, Bitcoin, New York Stock Exchange, Ethereum, Qualcomm, Solana, Yakovenko, Bison Trails, Joe Lallouz, Elon Musk Technoking, Anatoly Yakovenko


Solana, a blockchain platform followed by top crypto investors, says it’s far faster than Ethereum

Solana isn’t widely known yet outside of the crypto community. But insiders think the blockchain platform is interesting for a wide variety of reasons, beginning with its amiable founder, Anatoly Yakovenko, who spent more than a dozen years as an engineer working on wireless protocols at Qualcomm and who says he had a lightbulb moment at a San Francisco cafe several years ago following two coffees and a beer. His big idea centered on creating an historical record to speed along “consensus,” whic...
Tags: Elon Musk, India, San Francisco, Tech, Tesla, Bank Of America, Bitcoin, New York Stock Exchange, Ethereum, Qualcomm, Solana, Yakovenko, Bison Trails, Joe Lallouz, Elon Musk Technoking, Anatoly Yakovenko


Hundreds of SPACs waiting in the woods

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. The fully vaxxed and officially fully immune took over the podcast this week, with Natasha and Danny co-hosting the show while the inimitable Alex is out from Shot No. 2. Grace and Chris, as always, were behind the scenes making sure we sound pretty and don’t fall down too many punny board game rabbit holes after vacation. Here’s the rundown of what we got into: ...
Tags: Apple, TC, Elon Musk, Real Estate, Podcasts, Softbank, Tech, Bitcoin, Crypto, EC, Equity, Ethereum, Alex, Fintech, Chris, Blind


Hundreds of SPAC’s waiting in the woods

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. The fully-vaxxed and officially fully-immune took over the podcast this week, with Natasha and Danny co-hosting the show while the inimitable Alex is out from Shot #2. Grace and Chris, as always, were behind the scenes making sure we sound pretty and don’t fall down too many punny board game rabbit holes after vacation. Here’s the rundown of what we got into: ...
Tags: Apple, TC, Elon Musk, Real Estate, Softbank, Tech, Bitcoin, Crypto, EC, Equity, Ethereum, Alex, Fintech, Chris, Blind, Midwest


Ethereum creator donates meme coins worth $1 billion to help India fight COVID-19

Vitalik Buterin donated cryptocurrencies worth $1.5 billion to several non-profit organizations, including $1 billion to a COVID-19 relief fund in India, on Wednesday in one of the largest-ever individual philanthropy efforts. Or at least that was the worth of the cryptocurrencies — many of which are dog-themed — when he made the donation. Buterin, the creator of Ethereum, transferred 500 ETH and over 50 trillion SHIB (Shiba Inu), a meme coin, worth around $1.14 billion at the time of transactio...
Tags: TC, Asia, China, India, Tech, Cryptography, Cryptocurrencies, Philanthropy, Blockchains, Ethereum, Cryptocurrency, Givewell, Dustin Moskovitz, Dogecoin, Balaji Srinivasan, Shiba Inu


Vitalik Buterin donates $1 billion worth of ‘meme coins’ to India Covid Relief Fund

Vitalik Buterin, the creator of Ethereum, on Wednesday donated Ethereum and “meme coins” worth $1.5 billion in one of the largest-ever individual philanthropy efforts. Buterin transferred 500 ETH and over 50 trillion SHIB (Shiba Inu), a meme coin, worth around $1.14 billion at the time of transaction, to the India COVID-Crypto Relief Fund. The transaction sparked panic among some investors, contributing to over 35% drop in SHIB’s price in the past 24 hours. The meme coin, which has courted retai...
Tags: TC, Asia, China, India, Tech, Cryptography, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Givewell, Dustin Moskovitz, Dogecoin, Methuselah Foundation, Vitalik Buterin, Distributed Computing


Ethereum Founder Regifts Unsolicited DOGE Knockoffs, Donates a Billion Dollars Worth of SHIB To an Indian COVID Relief Fund

Vitalik Buterin, founder of Ethereum, has signalled dog-themed memecoin creators to bark up another tree, reports CoinDesk. From the report: In a move that captivated the attention of Crypto Twitter on Wednesday, the Ethereum founder re-gifted tokens sent to his public wallet by the creators of Shiba Inu coin (SHIB), Dogelon (ELON) and Akita Inu (AKITA). Notably, Buterin donated 50 trillion SHIB tokens (worth a nominal $1.2 billion at press time) to the India Covid Relief Fund kicked off by Poly...
Tags: Tech, Ethereum, Shiba Inu, Vitalik, Crypto Twitter, Shib, Sandeep Nailwal, Akita Inu AKITA Notably Buterin, India Covid Relief Fund, Memecoin


Billionaire investor Stanley Druckenmiller blasted the Fed, touted bitcoin over ethereum, and issued a dire warning about the dollar in a recent interview. Here are the 10 best quotes.

Stanley Druckenmiller. REUTERS/Brendan McDermid Stanley Druckenmiller blasted the Federal Reserve for boosting asset prices and the national debt.He warned the dollar could cease to be the global reserve currency within 15 years.The investor is more bullish on bitcoin than Ethereum's ether, and expects to sell his stocks.See more stories on Insider's business page.Stanley Druckenmiller warned the Federal Reserve's stimulus efforts are inflating a massive asset bubble, and end...
Tags: Google, Facebook, Yahoo, Stanford, Trends, Federal Reserve, Ethereum, Cnbc, Fed, Jerome Powell, Druckenmiller, Stanley Druckenmiller, Duquesne Family Office, Theron Mohamed, Brendan McDermid Stanley Druckenmiller


Signalling that privacy is coming to DeFi, Sienna Network raises $11.2M for its platform

Last week we saw some major backing of the Secret Network blockchain, as significant blockchain players Arrington Capital and Blocktower Capital invested in the privacy-first smart contract platform. What this is signaling is the rise of privacy-oriented financial blockchain projects, which are crucial if “DeFi” (decentralized finance) is to have any kind of future. We have come to expect privacy in our ’normal’ financial lives, so we will expect it in the blockchain world. Today there’s a new s...
Tags: TC, Europe, Finance, Articles, Tech, Ceo, Broker, Cryptocurrencies, Ethereum, Blockchain, Sienna, Monty Munford, Distributed Computing, BlockTower Capital, The DAO, Smart Contract


Signaling that privacy is coming to DeFi, Sienna Network raises $11.2M for its platform

Last week we saw some major backing of the Secret Network blockchain, as significant blockchain players Arrington Capital and Blocktower Capital invested in the privacy-first smart contract platform. What this is signaling is the rise of privacy-oriented financial blockchain projects, which are crucial if “DeFi” (decentralized finance) is to have any kind of future. We have come to expect privacy in our “normal” financial lives, so we will expect it in the blockchain world. Today there’s a new s...
Tags: Startups, TC, Europe, Finance, Tech, Broker, Cryptocurrencies, Ethereum, Blockchain, Sienna, Monty Munford, Distributed Computing, Crypto economy, BlockTower Capital, The DAO, Smart Contract


A conversation with Bison Trails: the AWS-like service inside of Coinbase

Coinbase shares tumbled today to their their lowest point since the company began trading publicly on April 14. The market often moves in mysterious ways, but several drivers could be at play, including Coinbase’s high opening price at the time of its direct listing, its reliance on margins that are all but certain to drop owing to growing competition, and the lack of a lock-up period, meaning more insiders might now be offloading some of their highly valued shares, driving down their price in t...
Tags: Google, TC, Etsy, Tech, Bitcoin, Ethereum, Coinbase, Kleiner Perkins, Garry Tan, Aaron, Tan, Garry, Coatue, Notation Capital, Bison, Blockchain Capital


Bitski raises $19 million from a16z to become the ‘Shopify for NFTs’

For every crypto-skeptic that see NFTs as yet another hype bubble, there’s an acolyte who sees NFTs as the key to unlocking the future of the creative web. Bitski, an SF-based startup that builds custom NFT storefronts for brands and creators, is banking on the latter and they have new investors betting the same. The startup tells TechCrunch they’ve raised $19 million in a Series A led by Andreessen Horowitz. The firm joins a host of creators and celebrities including Jay Z, MrBeast, Serena Wi...
Tags: Startups, TC, Technology, Jay Z, Articles, Adidas, Andreessen Horowitz, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Blockchain, Decentralization, NFT, Beeple, Bitski


Could NFT auctions be moving away from Ethereum? One new group is betting they will

NFTs were arguably already taking off when Beeple sold his NFT artwork for $69m. But another crypto project attracted attention when it bought an original Banksy artwork for $95,000. The group literally burnt the artwork and sold its NFT on the OpenSea platform for $400,000. Although the stunt was covered by CBS News, BBC News, The Guardian, and others, it did actually make a significant point. By removing the physical piece, the group – calling itself “Burnt Banksy” – proved that the value of t...
Tags: TC, Europe, Tech, Spokesperson, Ceo, Bbc, Mark Cuban, The Guardian, Banksy, Cryptocurrencies, Blockchains, Ethereum, Coo, NFT, Terra, Solana


Dogecoin Spike Crashes Robinhood Token Trading

Robinhood's trading app crashed for around an hour this morning, as Dogecoin hit record highs and Ethereum continued to gain ground. The outage is reminiscent of the Robinhood-GameStop fiasco last January, where Robinhood deliberately blocked users from trading GameStop stock as it catapulted in value. The Verge reports: Robinhood ran into issues processing cryptocurrency trades this morning, during a spike in the price of Dogecoin that sent users flocking to the app. The website DownDetector sh...
Tags: Amc, Tech, Ethereum, Robinhood, Gamestop, Dogecoin


Radical Ethereum entrepreneurs are redefining what ‘rape kit’ means

Their investors call them disruptive innovators. Detractors like North Carolina Attorney General Josh Stein call them “ dirty scammers . ” But Leda Health co-founders Madison Campbell and Liesel Vaidya think of themselves as advocates for sexual assault survivors.  Among the feminists leveraging Ethereum for subversive use cases, Leda Health’s do-it-yourself evidence-collecting kit for sexual assault survivors is among the most ambitious projects. So far, 16 members of Congress condemn...
Tags: Health, Startups, Utah, Sexual Assault, Congress, California, Tech, Harvard, New Hampshire, Michigan, North Carolina, Riverside County, Ethereum, Blockchain, Henry, Campbell


Ethereum Surges to $3,200, Making Its Creator the Youngest Crypto Billionaire

Amidst an ongoing crypto surge, Ether soared to new market heights Monday, becoming one of the priciest cryptocurrencies in circulation. The Ethereum blockchain-based token is now worth around $3,200, making its total market capitalization higher than Bank of America, Paypal, and Nestle.Read more...
Tags: Apple, Science, Technology, Articles, Bank Of America, Paypal, Cryptography, Bitcoin, Cryptocurrencies, Blockchains, Ethereum, Decentralization, Abra, Nestle, Business Finance, Vitalik Buterin


CryptoPunks maker Larva Labs launches their new NFT project, Meebits

The creators behind CryptoPunks, one of the most popular NFT projects on the web, just revealed their latest project called Meebits. The project boasts 20,000 procedurally generated 3D characters that are tradeable on the Ethereum blockchain. There have been hundreds of 3D avatar NFT platforms popping up over the past several months hoping to gain momentum and capture the enthusiasm of crypto buyers, but the traction of the Larva Labs team whose pixel portrait CryptoPunks project has netted more...
Tags: Tech, Christie's, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Christie, NFT, Distributed Computing, Larva Labs, CryptoPunks, Meebits


In the race toward Web 3 financial privacy, Secret Network attracts backing from key players

In the real world — the world on which the global economy runs — we don’t expose every aspect of our financial activity in public. We want to be able to select which parties can access our financial data and under what circumstances — for example, our credit history or bank transactions. The problem with the blockchain world is that this financial privacy doesn’t really exist. This has led to pretty bad abuses, such as the practice of “front-running,” where a nefarious person can take advantage ...
Tags: Tech, Skynet, Andreessen Horowitz, Secret, Ethereum, Michael Arrington, Arrington, Bair, Jamie Burke, Phala, Monero, BlockTower Capital, Tor Bair, Aleo, Outlier Ventures, Arrington Capital


In the race towards Web 3 financial privacy, Secret Network attracts backing from key players

In the real world – the world on which the global economy runs – we don’t expose every aspect of our financial activity in public. We want to be able to select which parties can access our financial data and under what circumstances – for example, our credit history or bank transactions. The problem with the blockchain world is that this financial privacy doesn’t really exist. This has led to pretty bad abuses, such as the practice of front-running’ where a nefarious person can take advantage of...
Tags: TC, UK, Tech, Andreessen Horowitz, Secret, Ethereum, Blockchain, Michael Arrington, Arrington, Bair, Jamie Burke, Phala, Monero, BlockTower Capital, Tor Bair, Aleo


CNN Says 'Move Over, Bitcoin. Ethereum is at an All-Time High'

CNN writes: Bitcoin prices continued their rebound Saturday, rising about 6% to nearly $58,000. But the world's largest cryptocurrency has been overshadowed lately by its younger sibling, Ethereum. Ethereum, or ether for short, hit a new record high Saturday of just over $2,900. Ether prices have nearly quadrupled in 2021, soaring 290%. Bitcoin has had a great run too this year, doubling in value. The total value of all Ethereum in circulation is now about $333 billion, according to CoinMark...
Tags: Elon Musk, Tech, Cnn, Ethereum, CoinMarketCap Bitcoin, Dogecoin Bitcoin


Blockchain startup S!NG wants creators to lean on NFTs to protect their intellectual property

After a years-long crypto winter, it been the spring of NFTs, but as digital art prices sober up after an explosion in sales, blockchain founders are looking to find more stable opportunities in the space that can grow over time even as speculative interest in NFTs shifts. One particular interest has been using NFTs to reshape the creator economy in a manner that actually benefits artists more than the platforms that host their work. A new flavor of this pursuit comes from the recently launched ...
Tags: TC, Technology, Articles, Tech, Ceo, Aws, Cryptocurrencies, Blockchains, Ethereum, Digital Currency, Cryptocurrency, Blockchain, Decentralization, Docusign, NFT, Osler


This New App Lets You Turn Anything and Everything Into an NFT

Despite the fact that a majority of Americans still don’t know what an NFT is, the non-fungibles have really taken over the country—burrowing their way into our wallets and also, apparently, our hearts.Read more...
Tags: Iphone, Apple, Science, Technology, Articles, App Store, Cryptocurrencies, Blockchains, Ethereum, Gucci, Decentralization, NFT, National Film and Television School, Cross Platform Software, Blockchain Art, Non Fungible Token


Crypto market takes a dive with Bitcoin leading the way

Cryptocurrency prices continued to tumble Friday with Bitcoin leading the charge, with prices for the internet currency dipping below $50,000 for the first time since early March. Bitcoin is down roughly 20% week-over-week, around 30% from its all-time-high of nearly $65,000 early last week. The market cap of the coin has dipped below $1 trillion. The tumble has been less severe for Ethereum which hit an all-time-high just yesterday but has since dropped 13% as the broader market has crawled bac...
Tags: Tech, Cryptography, Bitcoin, President, Currency, Crypto, Biden, Cryptocurrencies, Ethereum, Coinbase, Cryptocurrency, Dogecoin


Longevity startup Longevica plans to launch supplements based on long-term research

A biotech company, that has spent 11 years researching supplements to increase human longevity, plans to launch its supplements later this year. Longevica says it has attracted a total of $13 million from investors including, Alexander Chikunov, a longevity investor, who is also president of the company. Longevica says it created a biotechnology platform for longevity after researching the life-span of laboratory mice. It now aims to produce medicines, dietary supplements, and food products. The...
Tags: Google, Food, Startups, TC, Europe, Boston, US, Articles, Ceo, Paypal, Artificial Intelligence, United States, President, Population, Peter Thiel, World Health Organization


Injective Protocol raises $10M from Pantera Capital, Mark Cuban for its ‘DeFi Robinhood’

Back in December last year Injective Protocol, launched the testnet for its DeFi protocols for cross-chain derivatives trading, with backing from giant crypto exchange Binance. It has now raised $10 million in a “party” funding round. Participating in the round was Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures), CMS, and QCP Capital. Billionaire NBA team owner and Shark Tank judge Mark Cuban has also made a strategic investment into Injective, according to my s...
Tags: Apple, TC, Europe, Tech, Ceo, Mark Cuban, Nba, National Basketball Association, Cryptocurrencies, Ethereum, Robinhood, Stanford University, Gamestop, Shark Tank, Digital Currencies, Pantera Capital


Power Plants Become Bitcoin-Mining Operations. Are There Alternatives?

The New York Focus site writes: A decade ago, the bankrupt owner of the Greenidge power plant in Dresden, New York, sold the uncompetitive coal-fired relic for scrap and surrendered its operating permits. For the next seven years, the plant sat idle on the western shore of Seneca Lake, a monument to the apparent dead end reached by the state's fossil fuel infrastructure. But today, Greenidge is back up and running as a Bitcoin mining operation. The facility hums with energy-hungry computers tha...
Tags: New York, Tech, Bitcoin, New York Times, Ethereum, Seneca Lake, Greenidge, Dresden New York, New York Focus, Power Plants Become Bitcoin Mining Operations, Joseph Pallant Blockchain


Coinbase's big day - JPMorgan poaches Marcus exec - Merrill trainees are still on pause

Andrew Kelly/Reuters Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:JPMorgan Chase poached a trio of executives from Goldman Sachs, Wells Fargo, and Google to focus on digital banking.Merrill Lynch's decision to halt financial advisor trainees from reaching out to prospective clients is hurting the group's morale.The future of WFH could be filled with uncertainty. Nicholas Bloom, an economics professor at Stanford...
Tags: Google, America, Trends, Bank Of America, House, Merrill Lynch, Goldman Sachs, New York Stock Exchange, Ethereum, IVP, Coinbase, Stanford University, Cto, Epic Games, Wells Fargo, Marcus


ConsenSys raises $65M from JP Morgan, Mastercard, UBS to build infrastructure for DeFi

ConsenSys, a key player in crypto and a major proponent of the Ethereum blockchain, has raised a $65 million funding round from J.P. Morgan, Mastercard, and UBS AG, as well as major blockchain companies Protocol Labs, the Maker Foundation, Fenbushi, The LAO and Alameda Research. Additional investors include CMT Digital and the Greater Bay Area Homeland Development Fund. As well as fiat, several funds invested with Ethereum-based stablecoins, DAI and USDC, as consideration. Sources told TechCrunc...
Tags: Energy, TC, Technology, Finance, US, Articles, Tech, Spokesperson, Software, United States, Ubs, Jp Morgan, Silicon Valley, Firewall, Andreessen Horowitz, Cryptocurrencies


The Cult of CryptoPunks

Last month, hours before news of Beeple’s $69 million NFT sale grabbed the front pages of newspapers across the country, a pair of 24 x 24 pixel portraits of aliens wearing little hats sold separately for around $7.5 million each. The sales, which occurred within 20 hours of each other, didn’t garner the same headlines that the Beeple auction received, but there was a bit of coverage in the tech press, mostly because one of the aliens was sold by Dylan Field, the CEO of design software startup F...
Tags: TC, Elon Musk, Hollywood, Tech, Tesla, Michael Jordan, Nba, Brisbane, Silicon Valley, Accountant, National Basketball Association, Sotheby's, Jack Dorsey, Cryptocurrencies, Player, Blockchains


QuikNode is building a blockchain developer cloud platform to compete with AWS

As hot as the blockchain space appears to be these days, it’s still far from simple to get a decentralized application reliably up and running. The NFT boom and rising cryptocurrency prices have brought more attention to applications running on the blockchain, but the dominant cloud service platforms aren’t quite ready to make a full-commit to the needs of these budding developers. QuikNode, which recently raised funding from Y Combinator and is in the process of wrapping its seed funding, has b...
Tags: Amazon, TC, Y Combinator, Technology, Cloud Computing, Articles, Tech, Ceo, Miami, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Decentralization, NFT, Shklovsky



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