Steemit, 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 […]

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Digital 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 […]

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Ethereum’s important upgrade postponed to late February

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Ethereum, one of the world’s largest cryptocurrencies and decentralized app platforms, was supposed to get an upgrade called Constantinople on January 16. 

Alas, due to a security issue discovered just one day before the scheduled upgrade, Constantinople was delayed, and now we have a new date: February 27. 

This is according to Ethereum developer Péter Szilágyi, who tweeted about the change late Friday. 

Seems we’re going with block 7.28M for the #Ethereum Constantinople refork scheduled for the 27th of February! Will be a single fork on mainnet and a post-Constantinople-fixup fork on the testnets to get them back in line feature wise with the main network.

— Péter Szilágyi (@peter_szilagyi) January 18, 2019 Read more…

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The 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 […]

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Coinstar machines will start selling Bitcoin at the grocery store

You know those machines at the grocery store that transform your gallon jugs worth of change into more usable currency? They’re about to start selling Bitcoin . To make this impulse shopping dream come true, Coinstar, the company behind those ubiquitous change-counting kiosks, has partnered with Coinme, a startup that operates a small network of cryptocurrency-dispensing […]

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Coinbase acquihires San Francisco startup Blockspring

Coinbase is continuing its push to suck up talent after the $8 billion-valued crypto business snapped up Blockspring, a San Francisco-based startup that enables developers to collect and process data from APIs. The undisclosed deal was announced by Blockspring on its blog, and confirmed to TechCrunch by a Coinbase representative. Coinbase declined to comment further. […]

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Ethereum 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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Crypto mining giant Bitmain is reportedly getting a new CEO as its IPO plan stalls

Bitmain, the Chinese crypto miner maker, looks like it has reached an interesting point in its pathway to going public. There’s been little heard since the company filed to go public in Hong Kong in September, but now it appears that a new CEO has been hired and its two founders are leaving. That’s according […]

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Thailand issues its first licenses to 4 crypto exchanges

Thailand has joined Japan in regulating crypto exchanges after it issued its first licenses to four applicants. The four that were approved as licensed brokers and dealers of cryptocurrencies in the country are Bx, Bitkub, Coins and Satang Pro. One other exchange — Coin Asset — is under extended review after replacing its management team in a […]

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NYSE operator’s crypto project Bakkt brings in $182M

Venture capitalists remain bullish on Bitcoin and its underlying technology despite sinking crypto prices.

View More NYSE operator’s crypto project Bakkt brings in $182M