Better in Byzantium? Ethereum Takes Baby Steps Toward a Privacy Boost

Better in Byzantium? Ethereum Takes Baby Steps Toward a Privacy Boost

Ethereum users may soon be getting a much-needed privacy boost. Long a shortcoming for all public blockchain networks, the world’s second-largest blockchain is nonetheless aiming for big improvements in its upcoming Byzantium release. For most buy-and-hold users, these limitations might not be apparent, but that’s not to say there aren’t potential implications that could affect the […]

EU Budget Amendments Call For Millions in Blockchain Funding

EU Budget Amendments Call For Millions in Blockchain Funding

As many as four blockchain-related amendments, funding various initiatives, could find their way into the European Union’s 2018 budget. Public documents published yesterday reveal a proposal to use blockchain as a payments rail for an EU-wide free Wi-Fi access project, as well as funding proposals for two working groups dedicated to the tech. There are […]

Bitcoin Developers Reveal Roadmap for ‘Dandelion’ Privacy Project

Bitcoin Developers Reveal Roadmap for ‘Dandelion’ Privacy Project

The developers behind a bitcoin privacy solution called Dandelion have unveiled a new roadmap that addresses previously discovered code issues. Originally launched in January, Dandelion modifies the bitcoin network’s payment protocol to conceal the original IP address behind a transaction. It does this by breaking that transaction into two parts, nicknamed the “stem” and the “fluff.” […]

Nebraska Lawyers to Begin Accepting Bitcoin Following State Panel Approval

Nebraska Lawyers to Begin Accepting Bitcoin Following State Panel Approval

The lawyer who asked a Nebraska state legal ethics board about accepting bitcoin as payment says his practice will soon begin taking the cryptocurrency. As CoinDesk previously reported, the Nebraska Lawyers’ Advisory Committee was asked if lawyers could accept bitcoin from either a client directly or through a third party. That request also queried whether […]

Y Combinator President Calls ICOs A ‘Bubble’ – But His Firm Might Use Blockchain

Y Combinator President Calls ICOs A ‘Bubble’ – But His Firm Might Use Blockchain

Y Combinator, the Silicon Valley-based startup accelerator, is looking at blockchain as a possible way to boost access for investors. Sam Altman, who serves as president of the accelerator, highlighted the plan during this week’s TechCrunch Disrupt event in San Francisco. While the strategy appears to be in the early stages, the initiative nonetheless reveals […]

CFTC Chair Giancarlo: Embracing Blockchain Is in the ‘National Interest’

CFTC Chair Giancarlo: Embracing Blockchain Is in the ‘National Interest’

Blockchain is in America’s “national interest.” That’s according to J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC), who issued the bold proclamation in remarks at a gathering of government technology executives in Washington, D.C. Wednesday morning. But while the blockchain industry has been encouraging regulators and government agencies to embrace the technology for […]

Popularity of Crypto Debit Cards Will Encourage Mainstream Adoption

Popularity of Crypto Debit Cards Will Encourage Mainstream Adoption

World boxing champion Floyd Mayweather, popular for his uncommon attitude towards money, has taken his relationship with cryptocurrency a step further by partnering with Centra Card to spend his cryptocurrency in mainstream commerce. With posts under some of his social media handles earlier this year, Mayweather’s interest on cryptocurrencies attracted a lot of attention. While […]

China’s IT Ministry Backs New Blockchain Research Lab

China’s IT Ministry Backs New Blockchain Research Lab

Regardless of its recent crackdown on bitcoin exchanges and initial coin offerings (ICOs), China’s government still appears committed to the potential of blockchain in other areas. According to a report by Caixin, the country’s Ministry of Industry and Information Technology has launched a research facility called the Trusted Blockchain Open Lab in order to support […]

Bitcoin’s Parimutuel Problem (Or Why Shorting Doesn’t Pay Today)

Bitcoin’s Parimutuel Problem (Or Why Shorting Doesn’t Pay Today)

When the price of bitcoin plunges — as it did last week — seasoned investors are caught in a market that doesn’t exactly have the mechanisms they’re used to. Case and point, hedging long positions, is today a difficult prospect. Unlike most traditional stocks, where investors can open a margin account with their broker that […]