Ethereum Foundation forms external council to uphold core blockchain values

The Ethereum Foundation (EF), the nonprofit organization supporting Ethereum’s ecosystem, announced the creation of an external advisory group dedicated to preserving the blockchain network’s core values. On Feb. 28, the foundation introduced the “Silviculture Society,” a collection of individuals from outside the EF. It said the group will provide informal counsel to the EF and…

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Cointelegraph Bitcoin & Ethereum Blockchain News

Rollbacks in blockchain explained In blockchain, a rollback refers to reversing its history to counter a disastrous event, such as big hacks threatening to disrupt the ecosystem, the discovery of critical protocol bugs or centralization risks of network integrity. The Bybit hack, which resulted in a staggering $1.46 billion loss, has triggered a demand regarding…

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Bitcoin price metric hits ‘optimal DCA’ zone not seen since BTC traded in $50K to $70K range

Bitcoin’s (BTC) price dropped to a new yearly low of $78,258 on Feb. 27, leading some analysts to suggest that the cryptocurrency is now in an optimal purchasing zone. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Bitcoin’s 60-day RCV hints at low-risk accumulation Crazzyblock, a Bitcoin trader and verified analyst on CryptoQuant said that Bitcoin’s 60-day RCV…

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