Constantinople goes to testing phase, a decentralized identity by Microsoft and Bithumb acquisition — all in this weekend news
- Constantinople hard fork was deployed on Ropsten testnet, but there are no miners yet. The reason is that due to the weekend, nobody bothered to upgrade his node. Anyway, Ethereum developers set the release on the mainnet to late November.
- Microsoft plans to develop a solution for creating decentralized identities. This product will allow users to have a complete control over their personal info. These identities will be owned independently of any government or organization.
- A Bitcoin developer Jimmy Song said in his recent interview that EOS will die in 5 years. He said that new upcoming developers should venture more of their time into open source projects instead of well-paid but pointless ICO projects.
- ViaBTC mining pool conducted the first ever ICO on BCH blockchain. They raised $30 million in 2.2 hours. The new token VIAT will serve as utility token and will allow its holders to receive discounts for various services of ViaBTC.
- Cardano founder Charles Hoskinson published an open letter to the community. Together with Ken Kodama, CEO of Emurgo, they accused the Cardano Foundation of the lack of any actions for Cardano promotion, and claimed that the IOHK and Emurgo would take the responsibilities of the Foundation until at least 2020.
- Dubai city plans to launch its own cryptocurrency. It's called emcash, it will be pegged to the UAE dirham and it will be used to pay school fees, utility bills and make purchases.
- BK Global Consortium, a large conglomerate from South Korea, acquired 50% of Bithumb. The exchange was evaluated at $350 million. This acquisition gives crypto investors the confidence that the security of its funds will be the top priority for its new owners in the future.
- Carrefour, a large French grocery chain, will use IBM's Food Trust. It's a blockchain solution for tracking food supply chains, and it was launched by IBM on 8 October. Carrefour is the first company to integrate it.
- There is an increasing wave of fake Adobe Flash updaters, that install Monero mining malware. Users can't tell fake ones from the real one, letting criminals take over the resources of their computers.