Miner Backlash Over Fee Upgrade Provokes A Countermove by Ethereum Devs

Source: Adobe/bizoo_n Ethereum (ETH) developers have responded to a miner backlash against a fee-related Ethereum Improvement Proposal (EIP) by proposing to bring forward the blockchain’s planned move to a proof-of-stake (PoS) consensus mechanism which makes miners obsolete. Developer Mikhail Kalinin has submitted a pull request to “implement the executable beacon chain proposal,” which would deploy […]

SEC ‘Wants to Know How Much We Spend on Groceries,’ Say Ripple Execs

Brad Garlinghouse. Source: a video screenshot, Bloomberg The long battle between the American regulatory Securities and Exchange Commission (SEC) and the XRP issuer Ripple has taken a personal turn – literally – with the SEC seeking personal financial information from banks on the company’s two most powerful executives, its co-founder Christian Larsen and CEO Bradley […]