Tag Archives: blockchain

Unconfirmed: IBM, Azeri Central Bank Cooperate on Blockchain Development, Local Media Report

Unconfirmed: IBM, Azeri Central Bank Cooperate on Blockchain Development, Local Media Report

IBM and the Central Bank of Azerbaijan (CBA) will reportedly collaborate on implementing blockchain technology in the country’s economy, Central Asian-focused Trend News Agency reportsOctober 9. Trend News Agency is an established news service provider spanning the Caucasus, Caspian region and Central Asia, with dedicated news platforms in Azerbaijani, Russian, Turkish and Persian, alongside an English-language platform The agency states that the director […]

Ethereum Developer Community Still Very Active: 1,000 Developers at Hackathon

Ethereum Developer Community Still Very Active: 1,000 Developers at Hackathon

2018 has been a rocky year for Ethereum. The virtual currency’s price crossed $1400 in January, and it bottomed below $170 in September. Despite the significant price plunge, Ethereum continues to remain popular among developers, as it can be witnessed from the participation drawn by a hackathon in San Francisco. It was revealed that 1,000 […]

Forget Buterin’s 500 TX/S, Researchers Explore 17,000 TX/S on Ethereum

Forget Buterin’s 500 TX/S, Researchers Explore 17,000 TX/S on Ethereum

In September, Vitalik Buterin, the co-creator of Ethereum (ETH), stated that the Ethereum blockchain network could scale to 500 transactions per second using ZK-SNARKS, the base technology of privacy-focused cryptocurrency Zcash. This week, Ethereum researchers Barry Whitehat, Alex Gluchowski, Harry R, Yondon Fu and Philippe Castonguay introduced a solution called snark-based side chain, which could scale the […]

4 Crypto Investment Funds Worth Keeping an Eye On

4 Crypto Investment Funds Worth Keeping an Eye On

Bitcoin’s value has grown exponentially over the years, and that has attracted all sorts of individuals, from retail investors to cryptocurrency enthusiasts who believe in the principles of decentralization. The cryptocurrency market has experienced an intense amount of money flow, and there have been many financial institutions that have sat on the sidelines, waiting to […]

Cryptocurrency is ‘Here to Stay’: CFTC Chairman Giancarlo

Cryptocurrency is ‘Here to Stay’: CFTC Chairman Giancarlo

Bitcoin may never replace the greenback, but the flagship cryptocurrency could achieve significant adoption in the two-thirds of countries without stable currencies. That statement might sound like a thesis put forward by an early bitcoin adopter, or perhaps a forward-thinking hedge fund manager. In actuality, though, that bullish forecast was issued by J. Christopher Giancarlo, the […]

BITMAIN BUILDING A FARM FOR CRYPTO MINING IN TEXAS

BITMAIN BUILDING A FARM FOR CRYPTO MINING IN TEXAS

Bitmain, one of the largest cryptocurrency mining companies has announced plans for the operation of a new mining facility. The blockchain data center, commonly known as a farm, is already under construction in Texas and is worth an estimated $500 million. The release statement reads: “This represents an investment of more than $500 million by Bitmain over […]

Here’s Who Is Investing in Bitcoin: The Bulls, Bears and the Purists

Here’s Who Is Investing in Bitcoin: The Bulls, Bears and the Purists

Who is investing in bitcoin? Who is using bitcoin? It can be tough to track this information; the data is scarce but that’s understandable. Being a pseudo-anonymous currency can do that, but there’s room for inference. Let’s start with a few points of interest: There are over 24,000,000 Bitcoin addresses on the blockchain with 49.14% carrying less […]

BitMEX Research: ICOs Have Sold ‘Almost All’ Ether (ETH) They Raised, Also ‘Sitting On Unrealized Gains’

BitMEX Research: ICOs Have Sold ‘Almost All’ Ether (ETH) They Raised, Also ‘Sitting On Unrealized Gains’

BitMEX Research, the research arm of cryptocurrency derivatives trading platform BitMEX, recently published its findings on “Ethereum Holdings In the Initial Coin Offerings (ICOs) Treasury Accounts.” The research paper’s abstract notes that BitMEX worked with UK-based crypto asset intelligence firm, TokenAnalyst, to determine the amount of Ether (ETH) raised and the “gains and losses” incurred by ICO startups […]

Interview: Fmr. Morgan Stanley Exec. Caitlin Long on How Wall Street Wants to Ruin Bitcoin [Part 1]

Interview: Fmr. Morgan Stanley Exec. Caitlin Long on How Wall Street Wants to Ruin Bitcoin [Part 1]

Note:  This is part 1 in a multi-part series exploring the dangers of rehypothecation and commingling in bitcoin and other cryptocurrency assets that could occur once Wall Street begins offering crypto products. Part 1 is an interview with Caitlin Long and subsequent parts will ask the question, “How did we get to a place that […]