The hack of a Parity Technologies wallet still has not been resolved, and reports from ethereum experts indicate a hard fork in the ethereum blockchain may be required to free frozen funds, which could total more than $150 million. That would make it the biggest disaster in cryptocurrency history,
Vitalik Buterin, the co-creator of ethereum, said Tuesday that sovereign countries lack the ability to create cryptocurrencies, as some have indicated they plan to do.
Buterin, who himself is partnered with Russia in a company working on devising a cryptocurrency via Ethereum Russia,
Ethereum co-founder Vitalik Buterin says initial coin offerings (ICO) are in a bubble and are “growing at a rate that is hard to control.”
Buterin made the remarks to Israeli financial newspaper TheMarker during a trip to the country to talk with cryptocurrency and blockchain entrepreneurs.
News that the Ethereum Foundation is partnering with Vnesheconombank (VEB) is not true, according to Vitalik Buterin.
Instead of a partnership with the Ethereum Foundation, the Buterin-VEB relationship is now described as a collaboration between the bank and Ethereum Russia, an entity being created specifically for the deal.
Blockchains currently operate in silos, each specific to its own tasks. A company called Nuco is out to change that by introducing Aion, billed as the first network to connect blockchains.
Founded by Matthew Spoke, who started Deloitte’s blockchain group in 2013 and is a founding member of the Enterprise Ethereum Alliance,
Ethereum Foundation, the non-profit dedicated to supporting development of the ethereum protocol, has teamed with Russian state-owned development bank Vnesheconombank (VEB) to support VEB’s new blockchain research center.
The agreement was signed by Ethereum founder Vitalik Buterin and Vnesheconombank Chairman Sergey Gorkov.