“[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 […]

WASHINGTON  – Trade frictions between the United States and Canada are a “family quarrel,” President Donald Trump’s economic adviser said on Sunday, brushing aside concerns expressed by Canadian Prime Minister Justin Trudeau as an overreaction. The Trump administration said on Thursday it was moving ahead with tariffs on aluminum and steel imports from Canada, Mexico […]

BERLIN – Bayer (BAYGn.DE) launched a 6 billion euros ($7 billion) rights issue on Sunday, a cornerstone of the financing package for its planned $62.5 billion takeover of seeds maker Monsanto (MON.N).   Bayer last week won U.S. approval for the Monsanto takeover, clearing a major hurdle for a deal that will create by far […]

Donald Trump probably has the power to pardon himself in the Russia collusion affair but does not intend to do so, his lawyer Rudy Giuliani says. A special counsel is investigating Russia’s role in the 2016 election, and whether Mr Trump obstructed justice. The question of self-pardon arose after the New York Times published a […]

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 […]

The Nativity was stolen in 1969 and could have been hidden in Switzerland Hopes of solving one of the worst art crimes in history have been reignited after Italian investigators announced they had received new information. Nativity with St Francis and St Lawrence, a Caravaggio masterpiece stolen in 1969, could have been hidden in Switzerland after it […]

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, […]

Block.One is giving away its $4 billion code this weekend and it’s anyone’s guess what will happen next. As profiled by CoinDesk, EOS is set to launch sometime soon, though the company that built its code is going out of its way to prove the software really will be open-source. This means it isn’t even designating an official […]

ISTANBUL – Turkey’s President Tayyip Erdogan has said ride hailing app Uber is finished in Turkey, following pressure from Istanbul taxi drivers who said it was providing an illegal service and called for it to be banned. About 17,400 taxis operate in Istanbul, home to about a fifth of Turkey’s population of 81 million people, […]