Taiwanese technology giant Foxconn International is backing Carbon Relay, a Boston-based startup emerging from stealth today, that’s harnessing the algorithms used by companies like Facebook and Google for artificial intelligence to curb greenhouse gas emissions in the technology industry’s own backyard — the datacenter. Already, the computing demands of the technology industry are responsible for […]
View More Starting with data centers, Carbon Relay is slashing energy costs and emissions using AICategory: currency
Scammers are sending bomb scares to nab BTC
A new scam is making the rounds that promises to disrupt countless offices and schools. The scam is simple: the scammers send an email threatening to detonate a bomb if they don’t get a certain amount of Bitcoin within a specified time frame. Because there is little upside to ignoring a bomb threat at this […]
View More Scammers are sending bomb scares to nab BTCCoinbase abandons its cautious approach with plan to list up to 30 new cryptocurrencies
Coinbase is the most conservative exchange in cryptoland, largely because it operates in the U.S. under the watchful eye of the SEC. The $8 billion-valued company trades fewer than ten cryptocurrencies to consumers but on Friday announced it announced a major expansion that could see it list up to 30 new tokens. The company said it is […]
View More Coinbase abandons its cautious approach with plan to list up to 30 new cryptocurrenciesWTF is happening to crypto?
Four days ago the crypto markets were crashing hard. Now they’re crashing harder. Bitcoin, which hasn’t fallen past $6,000 for months, has dumped to $4,413.99 as of this morning, and nearly everything else is falling in unison. Ethereum, flying high at $700 a few months ago, is at $140. Coinbase, that bastion of crypto stability, […]
View More WTF is happening to crypto?Pure Bit, a South Korean exchange, pulls a $2.8 million exit scam
Another day, another exit scam. This time it comes to us from South Korea, where an exchange, Pure Bit, has completely shut down after raising $2.8 million in Ethereum from investors. The exchange, which promised to deliver something call Pure Coin, was live yesterday and today is completely shut down after posting “Sorry” and “Thanks” […]
View More Pure Bit, a South Korean exchange, pulls a $2.8 million exit scamIt looks like Coinbase is preparing to add a lot more cryptocurrencies
Coinbase aspires to be the New York Stock Exchange of crypto, and it is taking a small — but not insignificant – step to offering a lot more cryptocurrencies after it revamped the process of listing new digital assets. The exchange currently only supports just five cryptocurrencies — Ethereum, Bitcoin, Bitcoin Cash, Ethereum Classic and […]
View More It looks like Coinbase is preparing to add a lot more cryptocurrenciesIt looks like Coinbase is preparing to add a lot more cryptocurrencies
Coinbase aspires to be the New York Stock Exchange of crypto, and it is taking a small — but not insignificant – step to offering a lot more cryptocurrencies after it revamped the process of listing new digital assets. The exchange currently only supports just five cryptocurrencies — Ethereum, Bitcoin, Bitcoin Cash, Ethereum Classic and […]
View More It looks like Coinbase is preparing to add a lot more cryptocurrenciesIt’s the end of crypto as we know it and I feel fine
Watching the current price madness is scary. Bitcoin is falling and rising in $500 increments with regularity and Ethereum and its attendant ICOs are in a seeming freefall with a few “dead cat bounces” to keep things lively. What this signals is not that crypto is dead, however. It signals that the early, elated period […]
View More It’s the end of crypto as we know it and I feel fineCrypto exchange Binance buys Trust Wallet in first acquisition deal
Binance, the world’s largest crypto exchange based on volume, has made its first acquisition after it snapped up mobile wallet company Trust Wallet. The deal is undisclosed, but Binance confirmed to TechCrunch that the compensation is a mixture of cash, Binance stock and a portion of its BNB token. U.S.-based Trust Wallet will remain independent following the […]
View More Crypto exchange Binance buys Trust Wallet in first acquisition dealReports of institutional crypto desks have been greatly exaggerated
Todays news that Goldman Sachs is opening a Bitcoin trading desk is good news for the crypto economy as a whole. But is it a real shift in perception for crypto at big institutions? Not likely, said David Gerard, author of Attack of the 50 Foot Blockchain. “If you look closely at the reports, they […]
View More Reports of institutional crypto desks have been greatly exaggeratedFTC 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, […]
View More FTC shuts down crypto Ponzi schemers2018 VC investment into crypto startups set to surpass 2017 tally
For months now, much of the media attention on the crypto space has been directed at ebbs and flows in the price of bitcoin on one side, and whiz-bang ICOs on the other.
The price of the most valuable cryptocurrency, Bitcoin (specifically the BTC chain), has backpedaled significantly from highs set in December 2017. The chart below shows pricing data from the CoinDesk Bitcoin Price Index… Read More