Imagine having a $100 bill in your pocket. Now, imagine $100 worth of pennies. Notice the difference? Bitcoin isn’t without its irritating kinks, and tiny bitcoin pieces called “dust” are among the lesser-known. As the analogy above shows, the bitcoin protocol…
Author: Leo Henry
ICE CEO Won’t ‘Rule Out’ Crypto Futures Launch
The Intercontinental Exchange (ICE) won’t “rule out” cryptocurrency-based futures contracts. ICE chief executive Jeffrey Sprecher discussed the issue in an interview with Bloomberg TV Monday, saying it is “early days” for the asset class, but that he could not ignore…
The Anti-Petro? Zcash Is Throwing Venezuelans a Lifeline
Zooko Wilcox received his first plea for help from someone in Venezuela a few months ago. The founder and CEO of the Zerocoin Electric Coin Company (ZECC) had been closely following what he describes as “a humanitarian crisis of the…
How to Defend Yourself Against Pump-and-Dump Crypto Scams
Tanzeel Akhtar is an independent British journalist whose work has been published in the Wall Street Journal, CNBC, FT Alphaville, Investing.com, Forbes, Euromoney and Citywire. “Pump and dump” schemes have been around since long before cryptocurrency was invented. What’s striking…
Pakistan Bars Banks from Crypto and ICO Trading
Pakistan’s central bank issued a statement barring financial companies in the country from working with cryptocurrency firms, becoming the latest institution of its kind to bar the activity. In a statement posted to its website (and circulated via social media),…
Mike Hearn: Bitcoin Cash Is Repeating Bitcoin’s Mistakes
A long-time bitcoin developer who quit the project in 2016 broke his silence on Thursday, opening up on the state of the project in a lengthy reddit Q&A. There, Mike Hearn, who has since joined banking consortium startup R3, discussed a…
R3 Researcher: Central Bank Blockchain Could Go Live In 2018
A form of central bank digital currency (CBDC) may go live in 2018. At least that’s according to Antony Lewis, research director at global banking consortium and distributed ledger software startup R3, who issued the prediction during a panel discussion…
Crypto Data Startup BitKan Raises $10 Million in New Funding
Shenzhen-based cryptocurrency data startup BitKan has raised $10 million in a Series B funding round. Leading the round is a Chinese financing firm called Zhongyunhui Capital, with IDG Capital and bitcoin mining giant Bitmain also contributing funds, the company announced Wednesday.…
Report: 9 Cryptocurrency Hedge Funds Have Closed in 2018
At least nine cryptocurrency-focused hedge funds were shuttered in the first three months of 2018, Bloomberg reported Monday. The closures include the Crowd Crypto Fund and Alpha Protocol, the news service reported. While Crowd Crypto Fund shut down all of…
TD Bank Considers Public Blockchain for Asset Tracking
One of Canada’s largest banks may be considering the use of a public blockchain to digitally track assets. In a patent application published Thursday, TD Bank outlined how it could use a public distributed ledger to help point-of-sale computers track…