That wait-and-see stance looks to evolve into much more action 2018, suggest those who’ve either spoken with the Securities & Exchange Commission or otherwise have a vested interest in its rulings. (The SEC isn’t commenting publicly on its specific plans.)
Just Friday, a new division of the agency that’s focused on ICOs filed charges against an outfit called PlexCoin… Read More
Category: ethereum
Parity CEO is confident that $150M in frozen Ethereum isn’t lost forever
Earlier this year, Parity Technologies seemingly lost about $150 million worth of Ethereum (513,774.16 Ether) when a user of its wallet accidentally deleted a code library that made Parity’s wallets work. At least 1 million in ETH became frozen — and about $90 million of those were actually from Parity co-founder and Ethereum core developer Gavin Wood’s token sale for its… Read More
So what if bitcoin is another bubble? The dot-com bubble gave us the modern internet
“I get asked a lot… is this another dot-com bubble” said Mona El Isa, the chief executive and co-founder of Melonport onstage at TechCrunch Disrupt Berlin. “And, um… My response usually… goes something like… so what if it is?” Read More
How to play CryptoKitties, the insanely popular crypto game
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You’ve heard there’s a new kitty-related crypto fad in town, and you want in on the action.
This is exactly what you’re looking for. In this article, we’ll explain how to play CryptoKitties, the game that’s taking the world by storm (and earning some people a fair amount of money).
CryptoKitties is a digital goods trading game that lives on the Ethereum blockchain. It lets you purchase, trade, and breed digital kittens. The game has no straightforward “goal” — you can simply buy a digital kitten, and it will eternally be yours due to the nature of blockchain technology. Read more…
More about Ethereum, Cryptokitties, Tech, and Sharing Economy
View More How to play CryptoKitties, the insanely popular crypto gameVenezuela to launch ‘petro’, a cryptocurrency backed by oil and other reserves
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The country of Venezuela has been mired in economic crisis for years. Now, its government is turning to cryptocurrency in hopes of turning things around.
Venezuela’s president has teased the launch of the “Petro,” a new digital cryptocurrency that would help the country “advance in issues of monetary sovereignty, to make financial transactions, and overcome the financial blockade,” according to Reuters.
The motivation for Venezuela President Nicolás Maduro to launch a second currency isn’t surprising. Venezuela’s economy has been collapsing. The nation faces rampant inflation, huge debt, and strict sanctions imposed by the U.S. Meanwhile, cryptocurrencies like bitcoin have skyrocketed in value. Read more…
More about Bitcoin, Venezuela, Ethereum, Cryptocurrency, and Business
Israeli serial startup stars of blockchain tech return with QEDit, a zero-knowledge proof diligence tool
Leveraging some “mind boggling math” introduced as an update onto the Ethereum blockchain only a few months ago, QEDit is launching its product on our Battlefield stage at TechCrunch Disrupt Berlin. The company, which takes its name from the Latin phrase quod erat demonstrandum (which was what would have been demonstrated) relies on the principle of zero knowledge proofs to… Read More
Cryptokitties is Ethereum’s hit game, but it’s threatening the entire network
There’s a new craze in the world of cryptocurrencies: kitties.
A game called Cryptokitties, build on Ethereum’s blockchain, has exploded since its launch last week, with players spending thousands of dollars worth of ether (Ethereum’s currency)…
People have spent over $1M buying virtual cats on the Ethereum blockchain
Launched a few days ago, CryptoKitties is essentially like an digital version of Pokemon cards but based on the Ethereum blockchain. And like most viral sensations that catch on in the tech world, it’s blowing up fast. Built by Vancouver and San Francisco-based design studio AxiomZen, the game is the latest fad in the world of cryptocurrency and probably soon tech in general. People… Read More
Coinbase ordered to hand over the private data of thousands of users
Most cryptocurrencies are pseudonymous, but some users of the digital exchange Coinbase are about to have their identities blown wide open thanks to the Tax Man.
A federal court Wednesday ruled that San Francisco-based Coinbase must turn over i…
Bitcoin and Ethereum reach new highs, laugh at your puny savings accounts
These days, there’s just no stopping Bitcoin.
Just one day after crossing the important psychological barrier of $10,000 per bitcoin, the price rose another 10 percent. Bitcoin was currently trading at $11,153 as of Wednesday morning, according…
Bitcoin reaches new record high, breaks $9,000
Bitcoin is getting closer and closer to $10,000.
The cryptocurrency hit a record high of $9,033 per bitcoin early Sunday morning. The price rose steadily over the weekend and surpassed $9,000 at around 6:40 a.m. UTC (1:40 a.m. ET), according to…
Bitcoin’s little brother Ethereum is at an all-time high
It’s not only Bitcoin that’s breaking records these days.
Now that the dust around the cancelled Bitcoin fork has settled, several other cryptocurrencies are booming.
Ethereum, a cryptocurrency that’s also a platform for decentralized app…