Even Pokemon Go might need a blockchain. While an augmented reality mobile app used to collect funny-looking, digital critters might sound like a silly (or useless) service to re-architect with blockchain, the developers at ethereum startup FOAM make a compelling case. “The problem is that people lie about their location,” said Ryan John King, the co-founder and […]

One of the worlds biggest crypto mining data centre has begun operations in Massena, New York, with a capacity of 435-megawatt on a 1300-acre site. Coinmint, a wholly owned subsidiary of North Country Data Center Corporation, says it will be used to mine several prominent digital currencies including Bitcoin, Dash and Ethereum. “The area’s citizens and its hydroelectric power – […]

Cryptocurrency startup Circle is seeking to register as a federally licensed bank in the U.S., according to Bloomberg. In a report published Wednesday, Bloomberg said that alongside the banking license, Circle – which offers a cryptocurrency wallet and investment platform, as well as an OTC crypto trading service – would also seek to register with the Securities and […]

With a presence in 32 countries already, US cryptocurrency exchange Coinbase is expanding into Japan, one of the world’s biggest cryptocurrency markets. In an announcement on Monday, San Francisco-based Coinbase confirmed the launch of an office in Japan and its plan to work “hand-in-hand” with the Financial Services Agency (FSA), the country’s financial regulator, to ensure it […]

By Laura Desmond The Holy Grail for the financial industry is enabling access to capital for the more than five million small businesses that operate in the United States. Venture capital and banks only give money to a small fraction of companies, and it’s no secret that the recipients of that capital are not exactly diverse. Much […]

A company behind an ongoing initial coin offering (ICO) has been issued a cease-and-desist notice from the U.S. state of Vermont.   The Vermont Department of Financial Regulation said Monday that it was sending the cease-and-desist to LevelNet, which according to its website is based in Irving, California. Officials accused the firm of “violations related to the […]

“[I’m] very much waiting for you guys to finish in a sea of shitcoins.” With that, pseudonymous forum user ‘Monkeyyy’ just might have summed up the sentiment surrounding a forthcoming cryptocurrency called “grin.” Rising to renown last year as the first software implementation for a code proposal known as MimbleWimble, the idea is to start a new blockchain […]

By Laura Desmond The use case for cryptocurrency and decentralized payment networks was reinforced this week as Visa payments throughout Europe were disrupted, leaving thousands of people unable to pay for goods and services. The BBC reports that people were left stranded — unable to pay for fuel — and in other cases forced to leave restaurants […]

By Laura Desmond Everyone’s talking about blockchain. In 2012, I watched some of my long-time friends leave very successful businesses to go all in on Bitcoin. Here were people with killer business acumen, who I had worked with for years, and they were leaving everything behind for this new technology. For example, two of my friends created […]

At the True North tech conference earlier this week, Kik CEO Ted Livingston expressed his surprising opinion about blockchain: “Almost nobody should be looking at it.” Kin Founder Belittles the Blockchain What made the statement highly pessimistic is the fact that Livingston raised over $100 million via an Initial Coin Offering for his company in 2017. However, […]