Proxeus wants to be the WordPress of blockchain

Proxeus wants to be the WordPress of blockchain

Can blockchain technology fix the soul sucking tedium and cost of back-and-forth bureaucracy? The Swiss team behind a blockchain-based platform, called Proxeus, believes it can — and that that will be just the tip of what decentralization brings down the pipe, once components such as crypto identities become an accepted (and legal) standard. Blockchain’s big…
FTC shuts down crypto Ponzi schemers

FTC shuts down crypto Ponzi schemers

The FTC has announced that they’ve issued temporary restraining orders and frozen the assets of a team of three defendants who pitched investment advice as the Bitcoin Funding Team and My7Network. The FTC claims that the defendants “promised big rewards for a small payment of bitcoin or Litecoin.” From the report: According to the FTC,…
2018 VC investment into crypto startups set to surpass 2017 tally

2018 VC investment into crypto startups set to surpass 2017 tally

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor: The rise and rise of supergiant rounds A peek inside Alphabet’s investing universe For months now, much of the media attention on the crypto space has been directed at ebbs and flows in the price of bitcoin…
Visa confirms Coinbase wasn’t at fault for overcharging users

Visa confirms Coinbase wasn’t at fault for overcharging users

Yesterday, we wrote that Coinbase customers were being charged multiple times for past transactions. While some speculated that the erroneous withdraws were down to a Coinbase engineering issue, Coinbase issued a statement saying it wasn’t liable for the duplicate charges. The blame, instead, rested with Visa for the way it handled a migration of merchant categories…
Coinbase blames Visa for glitch that overcharged users

Coinbase blames Visa for glitch that overcharged users

While Coinbase has had its fair share of technical issues the last few months, it seems the latest one may not be their fault. Earlier today reports started coming in across social media and reddit that Coinbase users were seeing strange charges on their credit and debit cards. Many of these were users being double-charged for…
PSA: No India hasn’t banned Bitcoin — but it’s still talking tough on crypto

PSA: No India hasn’t banned Bitcoin — but it’s still talking tough on crypto

Reports of the death of Bitcoin in India have been greatly exaggerated. On Thursday a budget speech by finance minister Arun Jaitley generated a tsunami of ‘the Bitcoin party is over in India’ headlines, adding to downward pressures on the cryptocurrency. Safe to say, the truth of the matter is a lot more gray. Yes,…
Samsung confirms it is making ASIC chips for cryptocurrency mining

Samsung confirms it is making ASIC chips for cryptocurrency mining

Fresh from toppling Intel as the planet’s biggest seller of chipsets, Samsung has confirmed that it has begun manufacturing ASIC chips which are used to mine bitcoin, ether and other cryptocurrencies. “Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose further details regarding our customers,” a company…
Crunch Report | CNN shuts down Casey Neistat’s Beme

Crunch Report | CNN shuts down Casey Neistat’s Beme

Today’s Stories  Robinhood adds zero-fee cryptocurrency trading and tracking CNN shuts down Casey Neistat’s Beme, but some of its digital news tech will live on Sotheby’s acquires Thread Genius to build its image recognition and recommendation tech Credits Written by: Tito HamzeHosted by: Tito HamzeFilmed by: Tito HamzeEdited by: Gregory Manalo Notes: I don’t know…
Researchers find that one person likely drove Bitcoin from $150 to $1,000

Researchers find that one person likely drove Bitcoin from $150 to $1,000

Researchers Neil Gandal, JT Hamrick, Tyler Moore, and Tali Oberman have written a fascinating paper on Bitcoin price manipulation. Entitled “Price Manipulation in the Bitcoin Ecosystem” and appearing in the recent issue of the Journal of Monetary Economics the paper describes to what degree the Bitcoin ecosystem is controlled by bad actors. To many it’s…
Tech in 2017: Crazy, troubled and out of control?

Tech in 2017: Crazy, troubled and out of control?





	

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