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Steemit, crypto’s answer to Reddit, gets a new boss to rebuild after widespread layoffs

sudshr47 January 23, 2019

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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As Bitcoin sinks, industry startups are forced to cut back

sudshr47 December 26, 2018

Bitmain, Huobi, ConsenSys and Steemit are among the cryptocurrency startups to complete layoffs in the last month.

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WTF is happening to crypto?

sudshr47 November 20, 2018

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, […]

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Blockchain media project Civil turns to Asia with fund to kickstart 100 new media ventures

sudshr47 July 31, 2018

Civil, the blockchain-based journalism organization, is casting its eye to Asia after it set up a $1 million fund that’s aimed at seeding 100 new media projects across the continent over the next three years. The organization has teamed up with Splice, a Singapore-based media startup which will manage the fund, according to an announcement. There’s […]

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The future of Ethereum looks bright

sudshr47 July 6, 2018 Startups

In what amounted to one of the most far-reaching and interesting conversations at TC Sessions in Zug, Ethereum masterminds Vitalik Buterin, Justin Drake, and Karl Floersch spoke openly – and often candidly – about a bright future for Ethereum scaling and, more interestingly, their way to build teams that work. “There’s definitely changes that we […]