Truffle: Developer activity around Ethereum blockchain rises

While everyone was distracted by Bitcoin’s impressive ride, it seems Ethereum was slowly making significant progress. Data from Truffle has shown that more than 200,000 developers have downloaded the program to build and deploy their own decentralized applications.

Shinhan Bank introduces crypto-key safeguarding services

South Korea has been very open about virtual currency. One of the most influential banking services in South Korea, the Shinhan Bank, is now working on providing deposit services to its crypto-users, for currencies like bitcoin and ether. More specifically, the Shinhan Bank has been given a contract for the legal provision of custodial services for digital currency.

$280 million worth of Ether still stuck

Parity is trying to reassure customers that their funds will eventually be restored. However, two weeks after the incident there are still no signs of recovery. As expected, the investors are getting frustrated at Ethereum’s inability to come up with a solution and are blaming the mismanagement of Parity wallets for their loss.

Belarus to legalize bitcoin

The Belarusian president is expected to pass a law which would legalize cryptocurrencies in the Eastern European country.

JP Morgan Chase to introduce bitcoin futures?

According to a Wall Street Journal report, JP Morgan Chase & Co. is now considering providing access to CME’s upcoming bitcoin futures via its own futures-brokerage division. With JP Morgan acting as a broker, it will attract masses of investors and traders to deal in CME’s bitcoin futures.

Ethereum shows a bright future

The price of ether, Ethereum’s token, has hit an all new height of $415 on the 23rd of November. This new gain has earned Ethereum the second highest slot on the market evaluation chart of digital currencies at $40 billion, being only second to bitcoin and bitcoin cash.