- ETH price traded to a new 2019 high near $188 and recently corrected lower against the US Dollar.
- The price corrected below the $180 level and tested the key $174-175 support area.
- There is a major bullish trend line in place with support at $174 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair remains supported on dips and it is likely to test the $188 or even $190 level in the near term.
Offchain Labs, a startup co-founded by a former Obama administration official, has raised a $3.7 million in seed funding.
The round was led by Pantera Capital and included participants such as Compound VC. Offchain Labs co-founder Ed Felten, a computer science professor at Princeton University and former deputy U.S. chief technology officer in the Obama White House, told CoinDesk his software-as-a-service (SaaS) startup will focus on “scaling smart contracts” for enterprise use cases.
Non-cooperative game theory, the original and most widely used branch of game theory, assumes the absence of an external authority to enforce rules. Fundamentally, I claim that the Ethereum ledger constitutes an incorruptible, omnipresent, external overseer that no matter the game isalwaysavailable to enforce agreements among players. This implies that Ethereum, in theory, could turn any non-cooperative game into a cooperative (also called coalitional) game.
Major American cryptocurrency exchange Coinbase has revealed details of its insurance coverage for its hot wallet crypto holdings, reportedly covering a $255 million limit via a Lloyd’s of London-registered broker. The details were disclosed in an official blog post from Coinbase’s Chief Information Security Officer (CISO) Philip Martin on April 2.
Hershey, along with French media group Publicis Media and The Global Audience Based Buying Conference & Consultancy (GABBCON), has reportedly joined AdLedger. AdLedger was founded by IBM, Tegna and blockchain company MadHive in 2018, and is a nonprofit consortium that develops shared ledger technologies for the digital advertising market.
Speaking at the ongoing 20th Annual Conference on Land and Poverty in Washington, D.C. this week, Aanchal Anand, a Land Administration Specialist in the bank’s Global Land and Geospatial Unit, cautioned against the phenomenon informally known as “blockchain hype.”
China has released its latest government-sponsored rankings of major cryptocurrencies on March 22, placing Bitcoin (BTC) in 15th, while EOS keeps its top spot. Tron (TRX) came in second, after overtaking Ethereum (ETH) in February.
The crypto rankings by China’s Center for Information and Industry Development (CCID) were first announced in May last year. In this eleventh edition of the index, EOS has remained as the top-ranked blockchain, a place occupied by the platform since June 2018.
In an otherwise slow start to the week for cryptocurrency, billion-dollar payment services company VISA has posted a cryptocurrency and blockchain-related job, giving indication that the company is looking to begin development in that sector.
According to the job posting on SmartRecruiters, a San Francisco based recruiting firm, VISA Fintech is looking for a technical product manager to
“Manage the product strategy and roadmap for cryptocurrency related opportunities.”
BlockCypher’s Ethereum API was knocked out for almost a month due to the Constantinople Hard Fork. This post-mortem explains what happened, lessons learned, and what we are doing to prevent this type of outage in the future.
Fidelity Digital Assets (FDAS) will take its time about adding support for ethereum, the executive in charge of the new platform said.
The digital asset trading and custody branch of Fidelity Investments, which went live this quarter, has developed an internal framework for evaluating any cryptocurrencies that may be added in the future, according to FDAS president Tom Jessop.