It was the Lehman Brothers of blockchain. 850,000 Bitcoin disappeared when cryptocurrency exchange Mt. Gox imploded in 2014 after a series of hacks. The incident cemented the industry’s reputation as frighteningly insecure. Now a controversial crypto celebrity named Brock Pierce is trying to get the Mt. Gox flameout’s 24,000 victims their money back and build a […]
View More The plot to revive Mt. Gox and repay victims’ BitcoinCategory: Blockchain
The next integration evolution — blockchain
Over the years, businesses and their systems are getting more integrated, forming industry-specific trustless networks, and blockchain technology is in the foundation of this evolutionary step.
View More The next integration evolution — blockchainFacebook acquires team behind blockchain startup Chainspace
Facebook is investing big in blockchain technology.
The social media giant has acquired four key people behind blockchain startup Chainspace and is investing considerable efforts and resources into blockchain tech, a source familiar with the co…
Crypto exchange Kraken acquires Crypto Facilities
Cryptocurrency exchange Kraken just closed its biggest acquisition to date. The company is buying Crypto Facilities in a nine-figure deal. Crypto Facilities is an exchange and index provider regulated by the Financial Conduct Authority in the U.K. In particular, Crypto Facilities lets you trade futures on multiple cryptocurrency pairs. Following this acquisition, some Kraken users […]
View More Crypto exchange Kraken acquires Crypto FacilitiesCrypto exchange Kraken acquires Crypto Facilities
Cryptocurrency exchange Kraken just closed its biggest acquisition to date. The company is buying Crypto Facilities in a nine-figure deal. Crypto Facilities is an exchange and index provider regulated by the Financial Conduct Authority in the U.K. In particular, Crypto Facilities lets you trade futures on multiple cryptocurrency pairs. Following this acquisition, some Kraken users […]
View More Crypto exchange Kraken acquires Crypto FacilitiesBinance now lets users buy crypto with a credit card
Binance, the world’s largest crypto exchange based on trading volume, will now let you spend money you don’t have after it added support for credit cards from Visa and Mastercard. Credit card usage in crypto is controversial. Aside from the risk — ask anyone who bought crypto last year… — top exchanges have gone back and […]
View More Binance now lets users buy crypto with a credit cardSteemit, crypto’s answer to Reddit, gets a new boss to rebuild after widespread layoffs
Steemit, an early blockchain startup that’s developing an alternative to Reddit, has a new chief less than two months after laying off most of its staff as part of cost-cutting measures. Celebrated as an early success story in the crypto world, the company shed 70 percent of its employees back in November on account of […]
View More Steemit, crypto’s answer to Reddit, gets a new boss to rebuild after widespread layoffsLinux Foundation launches Hyperledger Grid to provide framework for supply chain projects
The Linux Foundation’s Hyperledger Project has a singular focus on the blockchain, but this morning it announced a framework for building supply chain projects where it didn’t want blockchain stealing the show. In fact, the foundation is careful to point out out that this project is not specifically about the blockchain, so much as providing the […]
View More Linux Foundation launches Hyperledger Grid to provide framework for supply chain projectsCitizens Reserve is building a supply chain platform on the blockchain
Citizens Reserve, a Bay Area startup, has a broad goal of digitizing the supply chain. Last fall, the company launched the Alpha version of Suku, a Supply Chain as a Service platform built on the blockchain. Today, it announced a partnership with Smartrac, an RFID tag manufacturer, based in Amsterdam, as a key identity piece for […]
View More Citizens Reserve is building a supply chain platform on the blockchainDigital Garage teams up with Blockstream to develop blockchain financial services in Japan
The global crypto market may have tanked last year, but notable names have joined forces to develop Bitcoin and blockchain financial services in Japan, which has emerged as one of the world’s most crypto-friendly markets. Blockstream, a blockchain startup founded by Bitcoin contributors, announced this week that it has launched a joint venture in Japan […]
View More Digital Garage teams up with Blockstream to develop blockchain financial services in JapanThe social layer is ironically key to Bitcoin’s security
A funny thing happened in the second half of 2018. At some moment, all the people active in crypto looked around and realized there weren’t very many of us. The friends we’d convinced during the last holiday season were no longer speaking to us. They had stopped checking their Coinbase accounts. The tide had gone […]
View More The social layer is ironically key to Bitcoin’s securityEthereum is about to get a big upgrade. Here’s what you need to know.
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Ethereum, the third-largest cryptocurrency by market cap and the most popular platform for decentralized applications (dApps), is getting an upgrade on (roughly) Jan. 16.
The upgrade is called Constantinople and it makes the Ethereum network a bit more efficient, paving the way for bigger changes further ahead. It also brings some important changes for miners on the network.
Here’s an overview of what, exactly, is happening, and the steps owners of ether should undertake ahead of the fork.
The answer to the second question is really easy: There’s no need to do anything. The upcoming upgrade, while technically a fork, will very likely be non-contentious, meaning there’s no disagreement on whether it should happen. This means Ethereum won’t split into two separate coins next Wednesday. If everything goes well — and chances are good that it will — your ether holdings will be exactly the same before and after the fork, regardless of whether your ether is located on a private wallet or an exchange. Read more…
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View More Ethereum is about to get a big upgrade. Here’s what you need to know.