Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. In…
Category: Bitcoin
These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It
Summa co-founder James Prestwich wants to bridge the great divide: bitcoin vs. ethereum. Now his firm is teaming up with fellow blockchain startup Keep to launch the Cross-Chain Working Group, which aims to create a protocol for using bitcoin on…
Bitcoin Drops to $10K in Worst Daily Loss in a Month
The cryptocurrency markets were flashing red again on Thursday after bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, fell by more than $900 in 24 hours. On August 14, beginning at 12:00 UTC, BTC began to fall sharply from…
From Ghana to the Bronx, Meet the Teen Bitcoiners Building the Future
Jemima Joseph, 18, is working a summer job as a social media manager for a crypto startup after graduating from high school in the Bronx. And she learned how to make her first cryptocurrency transaction, a purchase using zcash, with…
Fed Chairman Jerome Powell Compares Bitcoin to Gold
Federal Reserve Chairman Jerome Powell said he can envision a return to an era where multiple currencies are in use in the United States. During Powell’s testimony before the Senate Banking Committee on Facebook’s planned Libra cryptocurrency, he said: “The size…
Coinbase Hit With Outage As Bitcoin Price Drops $1.8K in 15 Minutes
Crypto exchange Coinbase experienced a brief outage Wednesday afternoon, with both its website and API rendered temporarily inaccessible, as the price of bitcoin dropped more than $1,700 in the span of 15 minutes. According to Coinbase’s status page, the exchange…
Meeting Bitcoiners Online When They Live in the Same City
Mark “Murch” Erhardt tells CoinDesk about the weirdest, most surprising interaction he ever had in his years of running the Bitcoin Stack Exchange. Turns out the crypto world *is* that small! Subscribe to CoinDesk on YouTube: http://www.youtube.com/subscription_c… Site: https://www.coindesk.comFacebook: https://www.facebook.com/CoinDeskTwitter:…
Where to Find the Rising Stars of Bitcoin’s Developer Community
Thirteen coders and academics gathered this week at Chaincode Labs in New York City for the bitcoin protocol residency program, in what organizers say is the most intensive and diverse cohort to date. It would be hard to overstate how…
Bitcoin Surpasses 1 Million Daily Active Addresses
Bitcoin just passed an interesting milestone today, one we haven’t seen since November 27, 2017. According to CoinMetrics.io, there are now over a million daily active addresses, a number that is defined as the number of unique “from” or “to”…
100 Bitcoin Users Perform What Might Be Largest ‘CoinJoin’ Transaction Ever
The community behind the privacy-centric bitcoin app Wasabi Wallet recently brought together 100 people to collectively execute a “CoinJoin” transaction on bitcoin in what might be the biggest event of its kind. Some context: bitcoin itself is far from private,…