Blockchain Basics

By Michael Reuter | Ethereum, Cryptography, Smart Contracts, DAO, Blockchain, Bitcoin

A cryptocurrency raised $400 million to avoid bitcoin’s “civil war” and now has its own

Tezos was one of the biggest initial coin offerings (ICOs) of the last year. It raised $232 million in July with a utopian pitch: to create “a new digital commonwealth.”<p>This would take the form of developing a new blockchain—the technical idea behind cryptocurrencies like bitcoin—that would avoid …


A Letter to Jamie Dimon

<b>And anyone else still struggling to understand cryptocurrencies</b><p>Dear Jamie,<p>My name is Adam Ludwin and I run a company called Chain. I have been …


Why Silicon Valley Is Going Gaga for Bitcoin

Cryptocurrencies are on a historic tear right now. And Silicon Valley’s infatuation with the industry explains a lot about itself.<p><i>Should I buy bitcoin?</i> As a technology reporter, the questions I receive from random people at birthday parties, say, or seatmates on a plane, are usually emblematic of …


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, …


Authoritarian Cryptocurrencies Are Coming

Russia and China see a new way to completely control their financial systems.<p>With Russia and China both embracing the idea of sovereign cryptocurrencies, it's time to ask a simple question: Why is a technology threatening to decentralize money so attractive to highly centralized, authoritarian …


Can Basic Income Plus The Blockchain Build A New Economic System?

To stop society’s unsustainable demand for ever-more resources, we need to decentralize and localize our economy. Combining the new ledger technology with UBI may be the way to make that happen.<p><i>This story reflects the views of this author, but not necessarily the editorial position of</i> Fast …


US Regulators Debate Whether Bitcoin is Commodity or Security

The Commodities Futures Trading Commission just released a primer on virtual currencies. This guide covers the basics of virtual currencies, the …


Goldman and Google Are Among the Most Active Blockchain Investors

Lloyd Blankfein last week tweeted that he’s "still thinking about #Bitcoin," but the bank he leads is doing more than just thinking about the …

Venture Capital

Bitcoin, Altcoin Exchange Bittrex Eyed With Suspicion Due to Thousands of Mysterious Account Closings

Users who have asked for help with their disabled accounts are reportedly being banned from the exchange’s support Slack.


IOTA - a new kid in the cryptocurrency town

At Bright Inventions, we always try to keep focus on the bleeding-edge technologies and innovations. We are especially interested in cryptocurrencies …


UBS Tells Clients How to Place Bets on Blockchain Tech

UBS has some advice for investors looking to capture the rising interest in blockchain: invest in the companies that will spur adoption or be among …


Putin’s Russia Will Regulate Bitcoin with Control Over Supply & Mining

Following a meeting between Russian President Vladimir Putin and financial officials, regulators have decided to officially regulate both the mining …


Data Sheet—How Top VCs Are Betting on Blockchain

<b>Moar bitcoin news</b>. To go with Robert’s essay, there’s plenty of bitcoin and blockchain headlines, as well. Bain Capital Ventures and Andreessen …


Blockchain will kill the traditional firm

Whereas previous generations of technology delivered the same objectives faster, blockchain has the potential to entirely change how businesses …


Bank of America Report: Bitcoin's True Value 'Impossible to Assess'

A new research note from Bank of America explores the investment implications of cryptocurrencies.

Bank of America

Blockchain May Play Crucial Role in Artificial Intelligence Development, Regulation

Elon Musk thinks general artificial intelligence could destroy humanity. But maybe Blockchain could prevent that.

Artificial Intelligence

IOTA Hackathon

<b>The blockchain tech sphere in the fall of 2017 looks totally different than in the same period of 2016. Then, many people heard about blockchain for</b> …


IOTA Hackathon

Internet of Things

JPMorgan Launches Interbank Payments Platform on Quorum Blockchain

JPMorgan Chase is backing a new blockchain-based platform for interbank payments, the firm announced today.


Exclusive Interview with QTUM's Jordan Earls

Fresh off the heels of a mainnet upgrade optimized for proof of stake, QTUM is a cryptocurrency project that many are watching. In this interview, …


Bitcoin Price Boom Built on Sound Fundamentals, Observers Tell Naysayers

[…]The post Bitcoin Price Boom Built on Sound Fundamentals, Observers Tell Naysayers appeared first on CryptoCoinsNews.


Barclays’ former CEO is long bitcoin and says big banks need to start over

Antony Jenkins knows a lot about the big banks that run global finance. During more than 30 years in the industry, he was a credit card executive at Citigroup before becoming CEO of Barclays in 2012. He was ousted in 2015.<p>Now, after a long career in mainstream finance Jenkins is an entrepreneur: …


Bitcoin Booms in Evolving Markets

As far as adoption goes, Bitcoin follows a familiar pattern. Populous, first world countries in North America, Europe and Asia were first to catch …


Want to pay some tax on your cryptocurrency gains – anyone?

Lykke partners with CryptoTax to provide customers with country-specific tax reports.<p>Lykke, a blockchain-powered trading platform, has partnered with …


BREAKING: Russia Issuing ‘CryptoRuble’

Will Russia create its own cryptocurrency? Read about CryptoRuble.


Crypto Debit Cards are Taking Bitcoin Mainstream. How Entrepreneurs Can Benefit.

Cryptocurrency is the future of money, this entrepreneur believes; and it's a field, he says, that has a lot of room for new startups.<p>Bitcoin's got a spending problem, and entrepreneurs are reacting with crypto debit cards to solve it. Say you've got some crypto-currency -- maybe a Bitcoin or a …


Bitcoin can buy you citizenship in one of the happiest countries

Got some bitcoin burning a hole in your digital wallet? And paradise on the mind? You could use it to buy a second passport.


PBoC Will Develop RMBCoin Rather Than Legalize Public Cryptocurrencies

<b>There are many consequences of China’s recent cryptocurrency regulatory measures. One positive impact is the fact that China is no longer a factor in</b> …


The Positive Impact of Recent Regulatory Measures on the Global Cryptocurrency Markets

<b>No one can deny the latest batch of cryptocurrency-related regulations has caused some interesting shifts in the world of cryptocurrency. Some things</b> …