In the wake of the SEC’s lawsuit against Ripple, XRP tumbled from $0.50 to lows of just $0.20… with one analyst making the dire prediction that the embattled altcoin will be a “remnant of history” by the end of 2021. But if the headline-grabbing drama has affected Flare Networks, the project’s done a very good job of hiding it—with the start-up making a slew of announcements as it prepares for launch.
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ConsenSys, Securosys launch secure ETH 2.0 staking system
The firms have developed a hardware-based system for creating Ethereum 2.0 withdrawal keys securing long-term ether stakes
By combining Switzerland-based Securosys’s Hardware Security Modules with ConsenSys Codefi’s staking technology, the companies said they can generate Ethereum 2.0 withdrawal keys that can safely be stored and managed to protect staked ether during the transition from the Ethereum to Eth 2.0 blockchain.
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Up 122% in a week: What is going on with Polkadot?
It’s called an ‘Ethereum killer’ that offers a tantalizing alternative for DeFi protocols, but there are other factors that have been driving this altcoin upward, as its market cap surpasses XRP
Polkadot has been described as an “Ethereum killer” because of how it offers an alternative to smart contracts. The platform enables developers to create their very own blockchains instead… paving the way for levels of interoperability that have been non-existent in this fragmented industry until now.
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Markets Report: Ethereum hits 2.5-year high, breaking $600 as CME announces 2021 futures launch
The largest altcoin hits $620 on the back of its own futures commitment on the day that Bitcoin reaches $20,800
As Bitcoin hits all-time highs and claims $20,000 this week, news of a different kind saw bulls double down on largest altcoin Ethereum. In a press release on December 16, CME Group, one of the first companies to launch Bitcoin futures trading in 2017, confirmed that ether futures would launch in February next year.
