Coders Renew Efforts to Fork Mining Giant Bitmain Off Siacoin Blockchain
Coders on a smaller cryptocurrency protocol are showing why expansion might not be so easy for Bitmain, a mining giant that’s soon to file for an IPO.
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Don’t Worry, Overstock’s New CEO Is Already ‘Drunk on Bitcoin’s Kool-Aid’
news Digital retail platform Overstock.com’s new CEO is not planning any major changes to the company’s blockchain efforts after the departure of its founder. Patrick Byrne, the now-former CEO of Overstock, made headlines Thursday after announcing his resignation as both the head of his company and a member of its board. He wrote in a…
Out of the Ashes: Four Trends to Shape Crypto in 2020
Dec 24, 2019 at 11:00 UTCThis post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Charles Hayter is co-founder and CEO of digital asset data platform CryptoCompare. The views expressed here are his own.Cast your minds back to the…
SBI Plans Launch of In-Store Payments With Ripple-Powered ‘Money Tap’ App
news SBI Ripple Asia, a subsidiary of Japanese financial giant SBI Holdings, has launched a “demonstration test” of in-store payments using its Money Tap app before a planned full launch of the new service. The demo trial will see the money transfer app, which uses Ripple’s xCurrent payments product, used for live payments at affiliated…
Cryptopia Exchange Kept Users’ Cryptos in Pooled Wallet: Liquidator
news The assigned liquidator for the collapsed New Zealand-based cryptocurrency exchange Cryptopia says it’s making progress in determining customer holdings, but that the management of user funds by the exchange has caused delays. Professional services firm Grant Thornton New Zealand was assigned to oversee the liquidation process in May, after the exchange had failed to recover…
The Specs Behind Bitcoin’s Lightning Pass Their First ‘Formal’ Security Test
news A pair of researchers have released the results of a formal verification of bitcoin’s lightning network. Lightning is new(ish), experimental, and bugs that could lead to loss of user funds are still being discovered. But even so, the paper – released last month by researchers Aggelos Kiayias and Orfeas Litos from The University of Edinburgh.…
Popular Crypto Wallet MetaMask Rolls Out ‘Smart Transactions’ to Combat Ethereum Front-Running
MetaMask, the most popular crypto wallet for Ethereum, is rolling out a new feature this week designed to help users avoid the consequences of maximal extractable value, or MEV.The optional new feature, called Smart Transactions, will allow users to submit transactions to a "virtual mempool" before they are officially cemented on-chain. According to Consensys, the
Sam Bankman-Fried Shouldn’t Have Cut His Hair
When a wayward kid does wrong and gets found out, typically he doesn’t want to be known as the guy who just joy-rode his neighbor’s Ford Crown Victoria. He wants to make a good impression on everyone, so they talk to him again. He shaves, gets a haircut and puts on the shiny suit he
TON, RNDR Surge More Than 13% as Bitcoin Rebounds to $63K
TON, RNDR have rallied over 13% in 24 hours, leading crypto markets higher.RNDR cheers Apple's brief mention of Render-powered 3D design software Octane.Alternative cryptocurrencies with positive news flows are shining bright as the bitcoin rebound spurs renewed risk-taking in the crypto market.In the past 24 hours, TON, the native cryptocurrency of the layer project The