Ethereum Classic
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- First Solana staking ETF hits $12M in ‘healthy’ first trading dayCointelegraph.com News – 16 minutes agoREX-Osprey’s groundbreaking Solana staking ETF overcame SEC hurdles and posted $33 million in first-day volume. The United States’ first Solana staking exchange-traded fund (ETF) ended…
- BlackRock Bitcoin ETF earns more than its flagship S&P 500 fundCointelegraph.com News – 1 hour agoBlackRock’s Bitcoin ETF is earning more in annual fees than the firm’s signature S&P 500 fund, despite having an expense ratio almost nine times higher.…
- Crypto billionaire bit off kidnapper’s finger during ambush: ReportCointelegraph.com News – 1 hour agoCrypto billionaire Tim Heath lost a tooth but took a finger in a 30-second struggle with kidnappers in Estonia last year, a court has heard.…
- Ripple applies for US banking license, joining crypto rush for legitimacyCointelegraph.com News – 4 hours agoRipple has followed Circle in looking to be its own bank after Congress moved ahead with a bill to regulate stablecoin issuers under the national…
- Bitcoin rallies to $109.7K but pro traders question BTC’s price momentumCointelegraph.com News – 4 hours agoBitcoin moved closer to its all-time high today, but several data points suggest pro traders are not on board yet. Key takeaways:Bitcoin trades near all-time…
What is Ethereum Classic?
Ethereum Classic (ETC) is a hard fork from Ethereum, initially developed as a response from a hack which took US$50 million in Ether from The DAO, an autonomous organization running a crowdfund to build open-source decentralized business models based on the Ethereum. An expressive group within the community aligned to pull off a fork which would roll back the chain to the state it was before the hacks happened, resulting in ETC.
IOHK, the group responsible for Cardano, is also one of the main ayers behind ETC.
Ethereum Classic and Ethereum, today, are similar platforms but with different futures ahead. ETC won’t enjoy the same updates of Ethereum, such as the Casper protocol, but can as well be benefited by different enhancements by their new developers.
