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Ethereum developers have proposed a hard fork, titled the Muir Glacier, which is aimed at addressing the impending Ice Age that could potentially slow down the Ethereum mainnet. A hard fork refers to a radical change to a network’s protocol that makes previously invalid blocks and transactions valid or vice-versa and requires all nodes or … [Read more…]
Virgil Griffith, a developer who currently works with the Ethereum Foundation, has been arrested upon arrival in the US after speaking at the Pyongyang Blockchain and Cryptocurrency Conference in North Korea in April. The United States Attorney’s Office for the Southern District of New York announced on Friday that Griffith had been arrested at Los Angeles … [Read more…]
Spanish banking giant Santander (NYSE:SAN) has announced today that it has become the first bank to use blockchain to manage a bond issue. The bank reportedly issued $20 million USD worth of bonds on the Ethereum blockchain, where it will remain until the end of its one-year maturity. As part of the transaction, Santander used … [Read more…]