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Month: April 2019

cryptocurrency April 29, 2019

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. Advertisements The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. At first glance, this week’s move by the investment bank Societe Generale to issue a […]

cryptocurrency April 28, 2019

Rachel-Rose O’Leary is a reporter at CoinDesk, covering how cryptocurrencies are being used in areas of economic, social and political unrest. Advertisements This article is part of her ongoing dispatches from Rojava, Syria.  In August 2011, a hackerspace in Damascus, Syria, was stormed by armed guards. Known as Aikilab, the guards stripped the place; televisions, computers […]

cryptocurrency April 26, 2019

Crypto loan platforms are booming as ether holders look to mitigate portfolio losses endured during 2018’s bear market. Advertisements Among these decentralized finance (DeFi) applications, San Francisco-based startup Dharma Labs is emerging as one of the industry leaders by facilitating more than $6.4 million worth for crypto loans since its peer-to-peer lending platform launched on […]

cryptocurrency April 26, 2019

A new proposal by Vitalik Buterin, the creator of ethereum, suggests he is considering increasing rewards for validators who would secure the operation of the next version of the world’s second-largest blockchain. Advertisements Ethereum 2.0 is by far the biggest upgrade on the horizon for the ethereum blockchain, today valued at $17.5 billion. Its broader […]

cryptocurrency April 24, 2019

South Korean electronics giant Samsung is developing its own blockchain network and eyeing the issuance of its own token further down the road. Advertisements An exclusive CoinDesk Korea report on Tuesday, citing a person “familiar with Samsung’s internal situation,” said that the company’s blockchain task force – part of its wireless division – is building […]

cryptocurrency April 23, 2019

French financial services giant Societe Generale has issued about $112 million worth of bonds in the form of a security token on the public ethereum blockchain. Advertisements Announced today, the investment bank used the OFH token (obligations de financement de l’habitat, or home financing obligations) to represent 100 million euros of covered bonds, a type of […]

cryptocurrency April 23, 2019

An unknown entity has been taking advantage of weak private keys to gather up tens of thousands of ETH, according to a new study. Advertisements The study — “Ethercombing: Finding Secrets in Popular Places” — was undertaken by Independent Security Evaluators (ISE), a security consulting firm, and published Tuesday. The company’s findings were also covered […]

cryptocurrency April 19, 2019

Two weeks from now, token-holders for the Aragon application will put the efficacy of its on-chain governance model to the test. Advertisements The Aragon project, launched in 2016, is envisioned as a way to offer users the tools to build decentralized organizations that are secured cryptographically and run natively on top of the ethereum blockchain. […]

cryptocurrency April 15, 2019

ConsenSys is seeking a funding boost. Advertisements Ethereum co-founder Joe Lubin’s Brooklyn-based venture studio is looking to raise $200 million from external investors, The Information reported Monday, at a valuation of $1 billion. The Information reports that ConsenSys is pitching Chinese investors with materials claiming the company aims to earn $50 million in revenue this […]

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