Blockchain

The global market meltdown has indirectly benefited Russia’s bitcoin miners, even as the cryptocurrency’s price tumbled along with other assets. That’s because the Russian national currency has rapidly lost value, dropping from 60 rubles to the dollar to 80 in two weeks. In addition to the coronavirus pandemic weighing on all markets, the ruble has […]

From Boeing to Bitcoin in this week’s discussion we’re talking about our disrupted reality, the politically expedient path forward, why it almost certainly won’t work, the alternatives to it, what this means for bitcoin and what you can do to help. Source link

Ajit Tripathi, a CoinDesk columnist, is an entrepreneur and crypto co-host at the Breaking Banks Europe Podcast. Previously, he served as a Fintech Partner at ConsenSys and a co-founder of PwC’s UK Blockchain Practice.  Before coronavirus hit the west in late February, the world’s attention was focused on billionaires saving the world in Davos. This […]

Bitcoin’s (BTC) recent sell-off has pushed prices on the top cryptocurrency by market capitalization into a historically attractive zone, according to one indicator.  Prices fell from $10,200 in mid-February to 12-month lows below $4,000 last week, dashing many hopes for a strong rally ahead of the May 2020 mining reward halving.  However, with the price […]

CoreWeave, the largest U.S. miner on the Ethereum blockchain, is redirecting the processing power of 6,000 specialized computer chips toward research to find a therapy for the coronavirus. These graphics processing units (GPUs) will be pointed toward Stanford University’s Folding@home, a long-standing research effort that unveiled a project on February 27 specifically to boost coronavirus […]

Payment giant PayPal is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes. According to a job opening posted late last month, the firm wants to hire a director of AML and blockchain strategy. The new staffer at PayPal’s New York City office would be responsible […]

Bitcoin’s (BTC) price volatility has surged to record highs but the long-term investors popularly known as “HODLers” don’t seem to be deterred.  The cryptocurrency’s three-month implied volatility rose to a lifetime high of 6.8 percent on a daily basis (equal to 130 percent annualized) on March 13, according to crypto derivatives research firm Skew. BTC/USD […]

Noelle Acheson is a veteran of company analysis and CoinDesk’s director of research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. Listen. That whooshing sound you hear is not just […]

The best Sundays are for long reads and deep conversations. Last week the Let’s Talk Bitcoin! Show gathered to discuss a new consensus-driven approach to DeFi oracles and to revisit Johnston’s Law (anything that can be decentralized will be decentralized) with the man who coined the phrase so many years ago. On today’s podcast we’re joined by […]

CoinDesk reporter Leigh Cuen is joined by VR meetup organizer Udi Wertheimer to talk about how bitcoin (BTC) fits into the broader cypherpunk movement. The cypherpunk movement has expanded far beyond the 2,000 people who subscribed to mailing lists in the 1990s. In 2018, Entrepreneur reported there are more than 8,000 posts on Bitcointalk every […]

The big drop in bitcoin’s (BTC) price Thursday was in the making since March 8, data on the flow of funds into exchanges indicates. The biggest cryptocurrency by market value collapsed from $7,900 to a 10-month low of $4,700 on Thursday and extended the decline to 12-month lows below $3,900 early Friday.  Data provided by […]

Gregory Magarshak is founder and CEO of Intercoin. Since 2011 he has built a decentralized social networking platform that has reached 7 million users to date, and is working on tools to help bring power back into the hands of people and local communities. For every technology we use today, there was a time it […]