The Rise of Ethereum Classic: BTC Manager’s Week in Review for July 31


The rise of Ethereum classic, the chain of Ethereum’s blockchain that did not hard-fork to reverse the DAO hack, has dominated stories this week with the price and hash rate climbing swiftly. Ethereum Classic, or ETC, is now the sixth largest cryptocurrency in terms of market capitalization. This week’s stories look at the rise of Ethereum Classic, whether Ether remains a good investment, Bitcoin’s first regulated product in Europe and progress on blockchain technology. Compiled from contributions by Alexander Lielacher, Jamie Holmes and Joseph Young.

IBM to Implement Major Blockchain Platform by September

American technology firm International Business Machines (IBM) Corp. is set to implement one of the industry’s largest blockchain technology-based platform as early as September. The Blockchain Solutions for Global Financing platform will be the firm’s first official application that will be integrated as a core part of its operations.

Ethereum Classic and LISK Surge on Continuing Chasm in Ethereum’s Blockchain

The continuing divide in the Ethereum community has seen investors and traders flock to other cryptocurrencies. Lisk has been a beneficiary in the past week with the price rising against ether. Moreover, the rise of Ethereum Classic and interest from the Bitcoin community

Read more ... source: TheBitcoinNews