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Ethereum closes in on long-sought fix to cut energy use over 99%

Ethereum closes in on long-sought fix to cut energy use over 99%
Matthew Leising, Bloomberg News
Vitalik Buterin, co-founder of Ethereum Foundation and Bitcoin Magazine, speaks during the TechCrunch Disrupt 2017 in San Francisco, California, U.S., on Monday, Sept. 18, 2017. TechCrunch Disrupt, the world s leading authority in debuting revolutionary startups, gathers the brightest entrepreneurs, investors, hackers, and tech fans for on-stage interviews. Photographer: David Paul Morris/Bloomberg
, Bloomberg
Users and developers of the worldâs most-used blockchain have been wrangling with its carbon-footprint problem for as long as itâs been around. Now, they say, several recent breakthroughs will finally enable them to drastically cut energy use in a year or less. ....

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Huobi | Benzinga

The cryptocurrency market finished up another lackluster week on Friday, with most major cryptocurrencies trading lower by more than 1 percent. Here’s a look at some of the headlines that were moving the cryptocurrency market today and which currencies were on the move.
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Ratio of Ether's market cap doubled Bitcoin in the last year – Pantera Capital

Ether is looking stronger than ever compared with Bitcoin, according to Pantera Capital. ....

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Hedge Funds Descend On Puerto Rico As Biden Tax Threat Looms

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Ethereum flips Visa, Palantir goes all in on Bitcoin, and EOS comes to the party

Ethereum flips Visa, Palantir goes all in on Bitcoin, and EOS comes to the party
Crypto at a glance
After a brief dip yesterday, Ethereum has come roaring back to another new all-time high of more than $4,300 this morning. It now has a market capitalisation of just below $500 billion, which makes it the 16th largest asset in the world. That puts it above JP Morgan and Visa and means the smart contracts giant is now bigger than any bank. How much further can it climb?
Ethereum’s latest push puts its market dominance at over 20 per cent – the highest it’s been since February 2018. The swing away from Bitcoin comes as the leading cryptocurrency continues to trade sideways. It’s up three per cent over the last 24 hours to $57,000, remaining in that corridor between $50k-$60k where it’s spent much of the past three months. ....

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