Politics

June 28, 2019

Facebook Libra vs. Bitcoin

Chesnot/GettyImages Facebook’s announcement of its new Libra cryptocurrency set the world on fire. Suddenly, everyone was talking about cryptocurrencies again and though Bitcoin was already on a bull run resurgence, it might have helped boost the original cryptocurrency’s value, too. But Bitcoin and Libra are two very different animals , even if they maintain some […]

June 28, 2019

Crypto bulls hail Facebook’s reported move into digital assets as a key moment in tech history

A photo illustration of the digital Cryptocurrency, Bitcoin, is seen on September 13 2018 in Hong Kong, Hong Kong. Yu Chun Christopher Wong | S3studio | Getty Images The digital currency industry is fired up about Facebook ’s cryptocurrency efforts.Bitcoin bulls say the tech giant’s stamp of approval would legitimize the space, make it easier […]

June 27, 2019

The Cypherpunks Tapping Bitcoin via Ham Radio

Elena Lacey; Getty Images Every six hours, at his home in the high desert outside Kingman, Arizona, midway between Phoenix and Las Vegas, Brian Goss downloads the latest blocks from the bitcoin blockchain via satellite . He receives the transmission through a dish he installed this January; it arrives with messages, too—tweets, blogs, odes to […]

June 27, 2019

Market Rebound Boosts Adoption of Cryptocurrencies for Payments

The use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that debit cards linked to digital currency wallets will remain […]

June 27, 2019

Chainalysis Whistleblower Shares Company Secrets in Explosive AMA

A current or former Chainalysis employee has gone rogue and conducted an AMA on r/Bitcoin in which he disclosed sensitive information about the company’s blockchain forensics capabilities. The whistleblower then appears to have had a change of heart and deleted all their comments. Thankfully, the internet never forgets. The comments remain archived on Removeddit.com and […]

June 26, 2019

Libra 101: All You Need to Know about the Cryptocurrency

The Basics What’s Libra? Last week, Facebook ( FB ) and other founding members of the Libra Association launched Libra, its cryptocurrency initiative. Libra the cryptocurrency is powered by Libra the blockchain. Blockchain is the technology that powers Libra’s elder cousin, Bitcoin. While Libra the blockchain will provide the underlying infrastructure, it’s Libra the cryptocurrency […]

June 26, 2019

Facebook’s Libra Cryptocurrency Betrays the Company’s True Ambitions

Francois Mori/AP So, imagine there’s this place. You hang out there all the time . Your friends and family are there. It’s got neighborhoods, both big and small. There are businesses there, you get most of your mail there in the form of digital messages. It’s not perfect: Sometimes there’s crime , or that one […]

June 26, 2019

The White Paper by Satoshi Nakamoto review – the future of cryptocurrency

Eight years ago, Visa, Mastercard and PayPal, which together make up more than 97% of the global market for payment services, cut off funding to WikiLeaks (you could still donate to the Ku Klux Klan, the English Defence League or Americans for Truth about Homosexuality). The blockade, backed by Republican senators, was political: WikiLeaks had […]

June 26, 2019

LedgerX beats NASDAQ and ICE to the retail cryptocurrency futures market

Once upon a time, this is how they would trade futures (via Wikicommons) Updated at 3:43 p.m. on June 25 to add comments from LedgerX CEO Paul Chou. The first American cryptocurrency futures exchange open to individual traders has finally been given the O.K. from regulators. The U.S. Commodity Futures Trading Commission (CFTC) announced on […]

June 26, 2019

Facebook’s Libra Cryptocurrency: Bad for Privacy, Bad for Competition

Scott A. Shay is co-founder and chairman of Signature Bank of New York and the author of In Good Faith: Questioning Religion and Atheism (Post Hill Press, 2018). Allowing Facebook to mint its own coin, the Libra, would turn it into the greatest anti-competitive trust case in history. It would make the early 20th century […]