Ethereum received a record price $ 519.85

Today Ethereum the first time exceeded the bar in $ 500
29 November 2017   678

Ethereum is the second cryptocurrency by the capitalization. As of 13:15 UTC, the weighted average rate of ETH, according to Coinmarketcap, was $ 519.85. Over the past day, the price of this cryptocurrency has grown by 10.17%, and over the last seven days this figure was 42.01%.

Ethereum's capitalization is also close to historical significance. At the moment it is estimated at $ 49.9 billion. Earlier today, the $ 11,000 mark exceeded the weighted average bitcoin rate, and also set new price records for Monero, Litecoin and Dash. The aggregate capitalization of the market for this hour is estimated at $ 338.9 billion, of which 54.9% account for bitcoin.

Ethereum is a platform for creating decentralized online-services based on the blockchain, working on the basis of smart contracts. Implemented as a single decentralized virtual machine.

Buterin Donated $763k to Fight Possible AI Rise

Creator of Ethereum donated $763k worth ETH to Machine Intelligence Research Institute
22 February 2018   697

The non-profit organization Machine Intelligence Research Institute (MIRI), which studies potential hazards of artificial intelligence, published data on donations collected in December last year. As it turned out, 66% of the funds were received in the crypto currency, Bitcoin.com reports.

66% of the funds donated during the campaign were in the cryptocurrency (mostly Bitcoin and Ethereum). The largest transfer came in the end - $ 763,970 in Ether from Vitalik Buterin. This was the third largest donation in the history of the organization after a $ 1.25 million grant from the Open Philanthropy Project in October and $ 1.01 million in Ethereum in May.

It should be noted that the main goal of MIRI is to create a secure artificial intelligence, as well as to study the potential dangers and opportunities that may arise when creating AI. The organization has representative offices in the USA and Canada.

The total amount of MIRI donations in December 2017 was $ 2,515,148 - twice the initial target of $ 1.25 million.