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Tag Archives: ethereum foundation

Ethereum Co-Founder Vitalik Buterin Announces Support for FBI Arrested Virgil Griffith

Recently, popular Ethereum developer Virgil Griffith was arrested by the FBI for his educational efforts aimed at teaching blockchain technology in North Korea. According to our previous report, Griffith traveled there in spite of the U.S. sanctions prohibiting citizens from visiting the country, a specific note asking him to abandon his plans, and still performed activities authorities consider as jeopardizing. Ethereum co-founder Vitalik Buterin has now responded to the events, announcing...

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Ethereum Member Suddenly Arrested in the U.S. for Consulting North Koreans

The United States Attorneys in New York, together with the FBI agents, went on to issue a criminal complaint charging Virgil Griffith, Ethereum Foundation member. He is suspected of helping North Korea to prepare better measures of defense against the infamous U.S. sanctions.Not only the guy decided to travel to North Korea at his own expense, he was moving in the “vacation” style. He also delivered some tech presentations with consulting while he was in the country. He taught the locals...

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Facebook’s Libra to Be Forked to ‘OpenLibra’

When Facebook‘s cryptocurrency Libra started struggling with keeping its co-workers to keep partners on board and all of the institutions happy, an alternative called OpenLibra came to address some of Libra’s potential flaws.OpenLibra is described as an “open platform for financial inclusion,” with a tagline: “Not run by Facebook” and it was announced at Ethereum Foundation‘s Devcon 5 conference in Osaka, Japan.Be it as it may, thirty blockchain companies and nonprofit organizations decided...

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UNICEF Created Its Crypto Fund, Accepting Donations in Bitcoin and Ethereum

UNICEF, the United Nations Children’s Fund, announced they are launching a crypto fund to, as per the announcement “receive, hold and distribute donations of Bitcoin and Ethereum in its aim to back open-source technology for children around the world.”On Wednesday, UNICEF said that the Cryptocurrency Fund will be among the first of United Nations organizations that will be given benefactions as are cryptocurrencies and it will allocate in the same digital currency form.The United Nations...

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Ethereum Ropsten Testnet Splits After the Early Launch of the Istanbul Upgrade

Ethereum testnet Ropsten split following the release of the Istanbul upgrade. This occurred because the upgrade was expected on approximately October 2nd, 2019 and at a block height of 6, 485, 846. The upgrade was released about 48 hours earlier on September 30th at around 3:40 a.m UTC.This, of course, has expectedly caused quite a bit of difference in terms of block confirmation times. Ethereum foundation community manager indicated in a tweet that there is no cause for alarm in this...

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Stellar Foundation and Keybase Jointly Launch a $126M Airdrop in XLM

While Ripple has been selling off its XRP asset holdings worth hundreds of millions of dollars, the cofounder is blazing another trail at his present operation. Jed McCaleb’s Stellar Foundation plans to give away almost $126 million in XLM which notably contrasts Ripple’s selling. Keybase users can now chat with their friends and get paid to do it. The Stellar Development Foundation announced on September 9 a 2 billion XLM airdrop.The airdrop is the biggest in Stellar’s 5-year history. In the...

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