Tag Archives: joseph lubin

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Vitalik Buterin is enthusiastic about the world of decentralized finance, largely built on Ethereum. Moreover, he believes in the absolute success of Ethereum 2.0.Last week, the largest hackathon for Ethereum and other blockchain protocol enthusiasts ETHDenver 2020 took place in Colorado. Within the 3-day event, a wide range of activities is offered, including talks of top blockchain experts on the development of the industry. Ethereum co-founder Vitalik Buterin delivered a speech as well. He...

Ethereum price has broken $250 after JPMorgan has demonstrated its interest in a partnership with ConsenSys. This could push the Ethereum price to new heights as developer is preparing to Ethereum 2.0 transition.JPMorgan is paying attention to Ethereum blockchain and has offered a partnership to ConsenSys. Currently, Ethereum trades around $251, showing the signs of incoming action. The price goes up on a set of news.Reuters informed that a possible partnership between the big bank and the...

It is expected that within the next 6 months, JPMorgan will officially announce the merge of its blockchain system Quorum with that of ConsenSys. The companies are in talks now.JPMorgan Chase & Co, one of the largest banks in the United States by assets, is considering merging its blockchain unit Quorum with Brooklyn based startup ConsenSys. This is according to a post on Reuters posted on February 11 analyzing the deal and its possible outcome.According to the post, the deal is likely to...

DeFi not only attracts major talent and interest but also large sums of money in the form of digital assets. The number of companies in this sphere is constantly growing but let’s look at the most prominent of them.There’s no time like the present to talk about DeFi.Short for “decentralized finance,” this buzzword simply refers to making conventional financial services (like loans or credit) available via cryptocurrency and blockchain technology. It’s a niche within the cryptocurrency niche,...

Someone should tell Joseph Lubin, the co-creator of Ethereum, that he needs to make up his mind about Libra.Lubin: Libra Is a Good SystemSeriously, in a new interview with CNBC, Lubin states that he likes Libra, but that Facebook isn’t the company who should be behind the wheel. This completely differs from an interview he gave in late October in which he describes the cryptocurrency as a “weapon of mass societal manipulation.”In his latest discussion, Lubin explained:I’m a big fan of...

The fate of Facebook’s Libra cryptocurrency is pretty much hanging in the balance and has somewhat been so since it was first announced a few months ago. There has been so much backlash from authorities, with Congress specifically asking Facebook to halt the development progress until further notice. Now according to Ethereum co-founder Joseph Lubin, the biggest problem that the Libra faces is Facebook itself.Lubin recently spoke to CNBC’s Squawk Box, and specifically mentioned Facebook’s...

Libra has been a hot topic of debate lately, and now, executives of both Ripple and Ethereum are adding their thoughts to the mix.Libra Is Still Having Some TroubleLibra is Facebook’s new stable cryptocurrency. Designed to be a global payment system, the currency can be utilized via social media to purchase goods and services. Unfortunately, at the center of the project is a serious trust issue – one that seems to be growing larger with each passing day.This is the sentiment of Ripple’s Brad...

The world’s leading car producers — BMW, General Motors, Ford, Renault, and Honda — have been working on the blockchain car identification and payment system under the Mobility Open Blockchain Initiative (MOBI) since last year. Next month, automobile giants will start testing a vehicle identification network in the United States.As Nikkei Asian Review has reported, the car producers have an aim to integrate the blockchain system to automatically make payments on typical commuting routes. This...