Category: Blockchain

casper FFG or TFG, plasma/plapps, snarks/snapps, serenity/chasper … Ethereum developer individuals are fighting for their own creations, respectively. Building developer consensus is still far out.   Efforts to scale ethereum, the world’s second-largest blockchain, are growing more varied as one much-anticipated solution encounters pitfalls amid its continued development. At the forefront of this transition has…

The benefit puts Coinbase in an elite category of employers with Google, Apple, and Facebook, which also offer egg-freezing benefits.   Silicon Valley cryptocurrency unicorn Coinbase has taken an unusual and expensive step to recruit and retain diverse employees. Since March 2018, Coinbase has quietly offered to cover up to $5,000 a year for treatments like egg-freezing…

The hype around blockchain technology has caused some companies to stop using the word “blockchain” in favor of “DLT”.   A new report from Forrester Research states that some companies are stopping to use the term “blockchain” because they think it is overhyped, business magazine Fortune reported Nov. 6. In thereport dubbed “Predictions 2019: Distributed…

It is a small pool these days: does not even show in hashrate distribution; last maintained 2.5% of the hashrate in NOV 2017, in JUL 2016 it had a 13% hashrate cut (see charts below).   BTCC Pool, the mining operation of Hong Kong-based cryptocurrency exchange BTCC, will close “indefinitely” at the end of this…

Finally also on 7nm.   Bitcoin (BTC) mining giant Bitmain has officially released two new 7nm (nanometer)  “Antminer” crypto mining machines, according to an official tweet posted Nov. 5. Bitmain indicated in September that it would be equipping its new Antminer models with next-generation Application-Specific Integrated Circuit (ASIC) chips. ASIC chips are geared to compute…

Obscure capital from obscure sources?   Bitcoin mining infrastructure provider Bitfury has raised $80 million in a closed funding round, the company revealed in a press release shared with Cointelegraph Nov. 6. The round, which comes weeks after rumors Bitfury was considering an IPO, was led by European venture capital fund Korelya Capital. Other participants…

IBM has applied for blockchain patent aiming to deter augmented reality game players from intruding on undesirable locations   Major global tech giant IBM has applied for another blockchain patent, this time aiming to deter augmented reality (AR) game players from intruding on undesirable locations. The tech firm’s latest patent document was released by the…

Photo of Justin Drake   The Ethereum Foundation is funding efforts to create specializing mining hardware in partnership with blockchain data storage network Filecoin. Announced Thursday at Devcon, the annual gathering of developers in Prague, Ethereum Foundation researcher Justin Drake unveiled preliminary designs for application-specific integrated circuits, or ASICs, that will support an upcoming ethereum technology…

Throughout 2018, the cryptocurrency market experienced the fourth worst correction in its nine-year history, as Bitcoin lost more than 69 percent of the value from its all-time high of $19,500. Despite the substantial decline in the price of Bitcoin (BTC), which heavily affects the earnings of miners, the hash power of the Bitcoin network has…

Dapper Labs, developer of the world’s most used blockchain app CryptoKitties, has received $15 million in another financing round, global news agency PR Newswire reported on Nov. 1. The new funding will help the Canada-founded Dapper Labs to expand it services on a local and global scale, as well as to address infrastructure issues and…

A shop in the Israeli city of Tel Aviv shows a visual representation of the digital cryptocurrency Bitcoin, now 10 years-old October 31, 2008 marked the birth of bitcoin. Ten years on, the world’s first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors. From its first evocation…

It’s been a wild ride. The boat cruises. Lavish events. Lambo memes. Champagne on the beach. Conferences across Asia, Europe, Dubai, and the Caribbean. The abundant private VIP dinners and posh after parties sponsored by some hot new ICO. On and on and on. Now the blockchain party is over. It’s time to build real…

Bitwala and solarisBank are teaming up to launch Germany’s first cryptocurrency bank account. Bitwala, which began life as a hub for worldwide money transfers using blockchain technology, picked up EUR4 million in funding last month to open up the new cryptobank, which incorporates a built-in bitcoin wallet alongside regular FIAT-based banking services. The company says…

On October 16, a Bitcoin user moved 29,999 BTC worth $194 million with a $0.1 fee, a transaction which with banks would cost tens of thousands of dollars. An often pushed narrative against cryptocurrencies like Bitcoin and Ethereum is that it is expensive to clear transactions due to fees sent to miners. However, the $194…

Here’s why the European Blockchain Partnership is a big step towards widespread blockchain adoption: European Blockchain Services Infrastructure (EBSI) to become an international “gold standard” for large-scale DLTs.   On April 10, 2018, 21 EU member states and Norway signed up to create the European Blockchain Partnership. Including the UK, France, Germany, Sweden, the Netherlands…