Blog

Archive for the ‘cryptocurrencies’ category

Feb 14, 2018

Crypto Cash: The 4 Best Bitcoin Wallets for New Traders

Posted by in categories: bitcoin, cryptocurrencies

New to the wide world of cryptocurrency? Keep your coins safe and access your private keys the smart way with these Bitcoin wallets.

Read more

Feb 13, 2018

In startup, George Church bets cryptocurrency will boost DNA sequencing

Posted by in categories: biotech/medical, cryptocurrencies

Nebula Genomics aims to help people understand their genome and guarantees that individuals will retain permanent ownership of their DNA data, all paid for with a new cryptocurrency.

Read more

Feb 12, 2018

This new company wants to sequence your genome and let you share it on a blockchain

Posted by in categories: biotech/medical, bitcoin, cryptocurrencies

Rewriting Life

This new company wants to sequence your genome and let you share it on a blockchain.

People will be able to earn cryptocurrency in exchange for letting pharma companies use their data.

Continue reading “This new company wants to sequence your genome and let you share it on a blockchain” »

Feb 4, 2018

Lloyds Bank to ban credit card owners from buying cryptocurrencies | Reuters | Yahoo News

Posted by in categories: bitcoin, cryptocurrencies, finance

“Lloyds Banking Group Plc said on Sunday it would ban its credit card customers from buying Bitcoin and other cryptocurrencies.”

Read more

Feb 4, 2018

European Utility Giant Says ‘No’ To Crypto Mining, Even With ‘Clean Energy’ — By Molly Jane Zuckerman | Cointelegraph

Posted by in categories: cryptocurrencies, energy, environmental

“In a brief statement to Reuters, the Italy-based company said that they had “no interest whatsoever in selling power”to a mining company”

Read more

Feb 4, 2018

Vitalik Buterin Donates $2.4 Million In Ether To Anti-Aging Research

Posted by in categories: cryptocurrencies, life extension

Vitalik Buterin, co-founder of Ethereum, donated $2.4 mln in ETH to a charity researching solutions for aging, “one of the greatest problems facing humanity”.

Read more

Feb 2, 2018

Making a Crypto Utopia in Puerto Rico

Posted by in categories: cryptocurrencies, transportation

SAN JUAN, P.R. — They call what they are building Puertopia. But then someone told them, apparently in all seriousness, that it translates to “eternal boy playground” in Latin. So they are changing the name: They will call it Sol.

Dozens of entrepreneurs, made newly wealthy by blockchain and cryptocurrencies, are heading en masse to Puerto Rico this winter. They are selling their homes and cars in California and establishing residency on the Caribbean island in hopes of avoiding what they see as onerous state and federal taxes on their growing fortunes, some of which now reach into the billions of dollars.

And these men — because they are almost exclusively men — have a plan for what to do with the wealth: They want to build a crypto utopia, a new city where the money is virtual and the contracts are all public, to show the rest of the world what a crypto future could look like. Blockchain, a digital ledger that forms the basis of virtual currencies, has the potential to reinvent society — and the Puertopians want to prove it.

Continue reading “Making a Crypto Utopia in Puerto Rico” »

Jan 20, 2018

Bitcoin Wallet Maker Ledger Raises $75 Million for Security Push

Posted by in categories: bitcoin, cryptocurrencies, security

Ledger SAS, a startup that makes electronic wallets for Bitcoin and other cryptocurrencies, has raised 61 million euros ($75 million) from investors including Draper Esprit Plc.

Read more

Jan 16, 2018

Cryptocurency: Thoughts on a “Korea Krash”

Posted by in categories: bitcoin, cryptocurrencies, economics

If you are reading this on January 16, 2018, then you are aware that Bitcoin (and the exchange rate of most other coins) fell by 20% today. Whenever I encounter a panic sell-off, the first thing that I do is try to ascertain if the fear that sparked the drop is rational.

But what is rational fear? How can you tell if this is the beginning of the end, or simply a transient dip? In my book, rational fears are fundamental facts like these:

  • A new technical flaw is discovered in the math or mining
  • A very major hack or theft has undermined confidence
  • The potential for applications that are fast, fluid and ubiquitous
    has dropped, based on new information*

Conspicuously missing from this list is “government bans” or any regulation that is unenforceable, because it fails to account for the design of what it attempts to regulate. Taxes, accounting guidelines, reporting regulations are all fine! These can be enforced. But banning something that cannot be banned is not a valid reason for instilling fear in those who have a stake in a new product, process, or technology.

Continue reading “Cryptocurency: Thoughts on a ‘Korea Krash’” »

Jan 14, 2018

Proof-of-Work Alternatives: Massive electric consumption by cryptocurrency mining

Posted by in categories: bitcoin, cryptocurrencies, economics, energy, environmental

Some blogs and news outlets eschew long titles. Publishers want readers to scan a list of topics that fit on one-line each. But, a better title for this article would be:

“Massive electric consumption by cryptocurrency mining:
An unfortunate environmental nightmare will soon pass!
… Proof-of-Work alternatives are on the horizon”

A considerable amount of electricity is used in the process of mining Bitcoin and other cryptocurrencies. Miners are effectively distributed bookkeepers, and this use of resources is part of a system called “proof-of-work”. It keeps the books fair, honest, and without an ability for the miners to collude (In other words, they cannot ‘cook the books’).

Continue reading “Proof-of-Work Alternatives: Massive electric consumption by cryptocurrency mining” »

Page 1 of 1312345678Last