Ethereum might offer the opportunity to change the distribution of power, but that requires including the people most disenfranchised by existing structures, and try as we might, we haven’t been great at it. Maybe it’s time to talk less about hearts and minds and more about money. There’s been a lot of dialogue this week […]
November 2, 2018 12:12 AM The bitcoin ATM operator believes that the license will legitimize its business and help spur the adoption of cryptocurrency. The New York State Department of Financial Services (DFS) issued the latest BitLicense to bitcoin ATM operator Coinsource, according to a November 1 announcement published on the regulator’s website. The DFS […]
Bitcoin’s favorite felon, Charlie Shrem, may soon be back in court. Cameron and Tyler Winklevoss are suing their former bitcoin advisor, Charlie Shrem, for allegedly stealing 5,000 bitcoin (worth approximately $31.7 million today) from them in 2012, according to a November 2 article in The New York Times. Shrem is one of the first big […]
November 1, 2018 11:52 PM South Korean exchange Bithumb is looking to American markets as it signs a new deal with seriesOne. Today, South Korean exchange Bithumb and US FinTech firm seriesOne have formed a joint venture to create a regulatory-compliant cryptocurrency exchange for security tokens in the US. Bithumb will provide investment and technical […]
Although Ethereum’s move away from proof of work to proof of stake has a different name, the idea isn’t going away. Ethereum has a history of scalability proposals: “proof of proof of work,” hub-and-spoke chains, and hypercube chains, all of which emerged in 2014 before the Ethereum mainnet even launched. The concept of an improved […]
The company that’s been in stealth mode says it wants to create a smart city in the desert. Today, after an extended period in “stealth mode,” Blockchains LLC announced what it has been up to. Jeffrey Berns, the company’s CEO, took to the stage at the company’s launch event in Prague, where this year’s Devcon […]
North Korea is probably still stealing crypto, millennials distrust the financial market, and the banks are taking over crypto. Plus, subscriptions come to Ethereum. Here’s some of what’s happening for Thursday, November 1, 2018: North Korea Is Still Hacking Crypto, Suggests South Korea Korean news source Yonhap News is reporting that North Korea is still […]
In this very special bitcoin-heavy edition of the Daily Byte: a stable bitcoin, Yellen’s not buying, a bitcoin exchange gone wrong, and the Feds are in the bitcoin business. Plus, private transactions on the main Ethereum blockchain. It’s the 10th anniversary of the Bitcoin white paper. Here’s some of what’s happening in Bitcoin news a […]
India seems to be inching closer to an all-out crypto ban. On Tuesday, October 30, the 19th meeting of the Financial Stability and Development Council (FSDC) was held in India. Attendees included India’s finance minister, the head of the securities board, and the governor of the Reserve Bank of India (RBI). During this meeting, attendees […]
No one knows for sure where Bitcoin is going, but we do know where it’s been. Ten years ago today – on Halloween 2008 – Satoshi Nakamoto submitted an email on a cypherpunk email chain. The email starts: “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.” […]
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