Ethereum classic news
Here are some recent news and updates about Ethereum Classic (ETC):
Recent Price Movement:
- Ethereum Classic (ETC) has been trading around $4.50-$5.50 in the past week, with a market capitalization of around $650 million.
- The coin has been relatively stable, with a slight increase in value over the past few days.
Recent Developments:
- ETC Labs: ETC Labs, a non-profit organization, has announced the launch of a new blockchain-based platform for decentralized finance (DeFi) applications. The platform aims to provide a more secure and scalable alternative to traditional DeFi platforms.
- ETC DevCon: The Ethereum Classic DevCon, a conference for developers and enthusiasts, was held in Prague, Czech Republic, in September. The event featured talks and workshops on various topics, including smart contract development and blockchain scalability.
- ETC Improvement Proposals (ETCIPs): The ETC community has been actively working on improving the Ethereum Classic protocol through ETCIPs. Recent proposals include updates to the network's consensus algorithm and improvements to its smart contract functionality.
Upcoming Events:
- ETC Summit: The ETC Summit, a conference for Ethereum Classic enthusiasts, is scheduled to take place in November in Tokyo, Japan. The event will feature talks, workshops, and networking opportunities for attendees.
- ETC Hard Fork: A hard fork of the Ethereum Classic network is planned for November, which will introduce new features and improvements to the protocol.
Community News:
- ETC Community Growth: The Ethereum Classic community has been growing steadily, with an increase in the number of active users and developers contributing to the project.
- ETC Partnerships: ETC has partnered with several companies and organizations, including blockchain-based gaming platform, Enjin, and decentralized finance (DeFi) platform, Compound.
Regulatory Updates:
- ETC Regulatory Status: Ethereum Classic is currently listed as a security token by the US Securities and Exchange Commission (SEC). However, the ETC community is working to reclassify the token as a utility token, which would exempt it from SEC regulations.
Other News:
- ETC Mining: Ethereum Classic mining has been relatively stable, with a steady supply of new blocks being added to the network.
- ETC Wallets: Several ETC wallets, including MyEtherWallet and Trust Wallet, have been updated to support Ethereum Classic transactions.
Please note that the information provided is subject to change and may not be up-to-date. It's always a good idea to check multiple sources for the latest news and updates on Ethereum Classic.