Dustin Damron

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Bitcoin hits new high above $11,500 as the Winklevoss twins become the first bitcoin billionaires

LONDON — Bitcoin is back to its winning ways, posting a record high on Sunday and making billionaires of the twins Cameron and Tyler Winklevoss.<p>Bitcoin suffered big price falls last week but recovered over the weekend. The digital currency hit a new high of $11,826.76 a coin on Sunday, according to …

Cryptocurrency

Here's What Bitcoin's Smartest Skeptics are Telling Investors

Bitcoin continues one of the most dramatic price runups of any asset in living memory, posting prices above $11,800 this morning after starting the …

Bitcoin’s price spike is driving an extraordinary surge in energy use

Mining Bitcoins uses more electricity than entire countries.<p>The price of a Bitcoin reached a record high of $16,601.77 Thursday morning before falling to $15,500, in what has been a weeklong tear in a price that was $10,000 a month ago and just $1,000 in January.<p>As the value of the digital currency …

Decision time is here for blockchain, but are enterprises ready?

Blockchain may help deliver the open transactions and innovation we've long been promised. But there may be plenty of friction getting …

A Startup Sportsbook's Big Bet On Creation Of Its Own Cryptocurrency

As the future of sports betting has become the most pressing issue in the gaming industry, at least in the United States, one company is focused on creating a more equitable and fair pricing model for bettors, with enhanced prospects of attaining long-term profitability, by reducing operator …

How Bitcoin consumes more energy than 159 individual countries

This map doesn't deal with the phenomenal rise in value of Bitcoin, nor the cryptocurrency's coming crash, which some financial experts say is as …

Bitcoin Mining

15 books Bill Gates, Jeff Bezos, and Elon Musk think everyone should read

Books have always been important to billionaire moguls like Jeff Bezos, Bill Gates, and Elon Musk.<p>Over the years, the trio has sung the praises of …

Anger and confusion as crypto traders lose thousands in 'flash crash' on $54 billion exchange

A "flash crash" on the world's biggest cryptocurrency exchange has left customers demanding answers and refunds, with many claiming to have lost thousands of dollars.<p>The price of cryptocurrencies NEO, OMG, and ETP crashed as much as 90% in minutes on the Bitfinex exchange on Wednesday before …

Cryptocurrency

The first blockchain smartphone will come preloaded with mobile Ethereum client Status

Blockchain technologies aren’t limited to the virtual world. The foundation of decentralized cryptocurrencies such as Bitcoin and Ethereum is also being applied to hardware products.<p>Sirin Labs — the company that created the $14,000 Solarin smartphone — earlier this year announced a smartphone named …

Social Articles Tracking & PR news.com

Now Seeking Community Support via Kickstarter, This Patent Pending Toolkit by Aladdin Plumbing Products is going to be a Major Game Changer!<br>Aladdin …

Don’t expect AWS to launch a blockchain service anytime soon

Bitcoin may be reaching for new heights, but don’t expect AWS to launch a service that’s based on the underlying blockchain technology anytime soon. During a press conference at AWS’ annual re:Invent conference in Last Vegas, AWS CEO Andy Jassy took a question on his team’s plans for a blockchain …

Blockchain

Blockchains are being implemented in incredibly diverse areas, including non-financial applications that have leveraged the transparency of the technology to benefit all participants.

News > Blog<p>Keep Calm and Blockchain On<p>November 29, 2017 <b><br>Andrew Vorster</b>, Innovation Catalyst , AndrewVorster.com<p>“The solution is Blockchain – what’s …

2017 is the year cryptocurrency joined the global financial system

This week, the value of a single bitcoin officially cleared $10,000, a new high point that’s over an order of magnitude greater than its price at the start of this year. Bitcoin has defied market expectations before, but in 2017, it didn’t just become more valuable. Bitcoin and other …

The Fed may create its own digital currency

The U.S. Federal Reserve is considering the creation of its own digital currency, according to New York Fed President William Dudley, who was …

Bitcoin is at $10K — and that’s just the beginning of how it will revolutionize money

For the first time, we have a truly global technology revolution on our hands, fueled by smartphones, sensors and blockchain tech.<p><i>A version of this post was originally published at</i> <i>thebarefootvc</i><i>.</i><p>The price of bitcoin reached $10,000 on Tuesday. This just in: Make that $11,000. Over the years, I have …

This Is Why Blockchains Will Transform Healthcare

The blockchain revolution has made its way to the healthcare industry, and it’s only the beginning of what’s possible. Healthcare Rallies for Blockchain, a study from IBM, found that 16% of surveyed healthcare executives had solid plans to implement a commercial blockchain solution this year, while …

Blockchain

Warnings grow louder over cryptocurrency as valuations soar

With bitcoin and Ethereum gathering momentum among investors, some experts fear a bubble could soon burst<p>Joe Kennedy, patriarch of the Kennedy clan, said he knew it was time to exit the stock market after a shoeshine boy gave him stock tips. If everyone thinks it’s time to buy, it’s time to sell, …

Cryptocurrency

American Express Is Getting Into Blockchain-Based Payments With Ripple

American Express has introduced instant blockchain-based payments using Ripple, a fintech startup, for U.S. corporate customers sending funds to …

Elon Musk May Be the Creator of Bitcoin, a Former SpaceX Intern Theorizes

Could the CEO of Tesla and SpaceX have created the biggest cryptocurrency as well?<p>One of the key mysteries of Bitcoin -- which recently reached a jaw-dropping value of more than $9,000 -- is who exactly created the cryptocurrency. Satoshi Nakamoto is listed as the author of the original paper …

Elon Musk

A Top Hedge Fund Manager Says Bitcoin Could 'Easily' Hit $40,000 by the End of 2018

Bitcoin was hovering just $300 shy of the vaunted $10,000 mark at one point on Monday but it could “easily” reach four times that amount by the end …

Michael Arrington Has a New $100 Million Hedge Fund That Will Be Valued in Ripple's XRP

The prominent tech figure Michael Arrington announced a new hedge fund on Tuesday that will be denominated in the crypto-currency XRP, a rival to …

Alcohol-based jelly implant could kill cancer cells

A jelly-like implant made from alcohol could destroy cancerous tumours when injected into the body, a study by Duke University in North Carolina has …

This Is Richard Branson's Number One Piece of Advice

As famous for his death-defying stunts as for successfully running hundreds of companies over the past 50 years, Richard Branson has one of the best …

Elon Musk's Formula for Successfully Growing Companies Faster

There is no denying the many ways in which Elon Musk is unique. There is also no denying the fact that you can learn something beneficial from him.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Elon Musk needs no introduction.<p>Let me start by saying I am a huge fan of Elon Musk and the …

Elon Musk

mindBEAGLE Brain-Computer Interface Gives Non-Speaking, Immobilized People a Voice

mindBEAGLE EEG helps people trapped in paralyzed bodies tell their families they understand Photo: Florian Voggeneder An Austrian organization is …

A stable plasma ring has been created in open air for the first time ever

by Dom Galeon November 16, 2017 Hard Science 32288<p>Like Magic, Only Better<p>When it was first described in the 1920s by physicist Irvin Langmuir, plasma …

Stunning Video Is the First to Show CRISPR Editing DNA in Real Time

Despite sounding like an off-brand breakfast cereal, the genetic engineering technique CRISPR has infiltrated the vocabulary of the general public, …

PHYS 201 - Lecture 9 - Magnetism II

Lecture 9<p>- Magnetism II<p>Overview<p>The mechanism by which electric currents produce a magnetic field (Law of Biot-Savart) is discussed in greater detail. …

Harvard scientists think they might have pinpointed the source of human consciousness

Human consciousness has been defined as awareness, sentience, a person's ability to experience and feel, but despite the important role it plays in our lives and making us who we are, we actually know very little about how consciousness works.<p>Scientists currently believe that consciousness is …

Consciousness

Scientists Armed With Lasers Capture 3D Images of Neurons 'Firing' in the Brain in Research Breakthrough

A laser technology startup has captured the clearest ever images of nerves "firing" in the brain, representing a “huge step forward” in the …