FAILURE TO LAUNCH: The ethereum blockchain's much-anticipated upgrade Constantinople may be pushed into 2019, developers say. The news follows a failed test of the code upgrade on the blockchain's testnet that resulted in a split of the test network. Though the upgrade was not successful, developers took solace in the fact that this was just a test, thus reaffirming the point of tests. Independent ethereum developer Lane Rettig told CoinDesk: “We broke Ropsten, but it's a testnet, and it will be fixed, and this is precisely the point of releasing to a testnet first. It's really fun, exciting, and reassuring to see this process play out as designed." Full Story ALIVE AGAIN: Early Tuesday morning, crypto exchange Bitfinex revealed a "new, improved and increasingly resilient" deposit system, for verified users. Under the new process, accounts will be subject to a 48 hour account verification period. The actual deposit process will take another six to 10 days. This comes after repeated complaints on Monday by users who were unable to either withdraw or deposit fiat currency in the exchange. However, Bitfinex representatives have denied any such problems. Full Story A NEW ORDER: The Paradigm Foundation, having raised $1 million, is set to build a decentralized order book uniting decentralized exchanges together. Paradigm aims to solve the speed problem that exchanges face currently. Utilizing 0x to build out their platform, Paradigm CEO Liam Kovatch says that, "It is completely independent of ethereum." This new protocol has garnered the attention of Polychain Capital and Dragonfly Capital Partners. Full Story |