I Underestimated Just How Many Subpoenas I Would Get

Crypto exchange Bitget pledged to compensate holders of its native Bitget Token who suffered losses during a flash crash on Monday. The BGB token slid to as low as $0.54 from $1.14 in 15 minutes at around 02:30 UTC. Crypto exchange Bitget promised to compensate holders of its native Bitget Token (BGB) for losses suffered

Jun 10, 2020 at 12:25 UTCUpdated Jun 10, 2020 at 12:31 UTCCredit: Shutterstock/Rainer_81‘Whale’ Just Sent $130 in Cryptocurrency With a $2.6M Transaction FeeUPDATE (12:29 UTC): Spark Pool says it has frozen the payout to miners in its pool. Slip of the finger? Sadist? It’s not yet known. But at just before 10:00 UTC Wednesday, an…

news IBM has launched a new blockchain project called Trust Your Supplier (TYS), with big name firms Anheuser-Busch InBev, GlaxoSmithKline, Lenovo, Nokia, Schneider Electric and Vodafone already on board. Announced Monday, TYS joins IBM’s successful stable of track-and-trace supply chain and logistics blockchain consortia, which include Food Trust and TradeLens. TYS is focused on supplier…

Sep 25, 2020 at 15:47 UTCEther prices, Aug. 25 to Sept. 25, 2020. Ether‘s recent price drop has failed to deter investors from accumulating the cryptocurrency, on-chain data indicates.The second-largest cryptocurrency by market value was trading at $345 on Friday at 15:20 UTC. This represents a 20% decline on a month-to-date basis. Prices reached two-year…

news A cryptocurrency project previously sanctioned by the U.S. Securities and Exchange Commission (SEC) is selling a property that it had intended to use as a cannabis co-working space. The firm, ParagonCoin, revealed the news in a filing with the SEC late last month, stating that, while it had anticipated that its native PRG token could be used…

Oct 23, 2020 at 15:00 UTCASICs at MineSpot's mining site(Courtesy of MineSpot)A New Company Claims It’s Opening the Biggest Mining Farm in RussiaMineSpot, a company previously unknown in the crypto mining industry, said it is opening a 160-megawatt mining venue in the middle of Siberia that would be the largest mining farm in Russia.The venue…

Just a few days ago, Crowd Machine was working to build a crypto replacement for Amazon Web Services. Today, it is facing questions about its survival. On Saturday, according to a post by the Crowd Machine team, a hacker compromised the company's cryptocurrency wallet and stole a large number of the application's native Crowd Machine…

Sep 10, 2020 at 14:54 UTCThe Revolution You’ve Been Awaiting: Fintech + DeFiLex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his Fintech Blueprint newsletter. Everything seems to be getting connected: finance, culture, art, technology, media, geopolitics. It is either a fantastic time to…

The Enterprise Ethereum Alliance (EEA) has released its latest round of specifications – the next steps to harmonizing the way large companies use private versions of the second-largest blockchain. Announced Monday at Devcon4, the annual ethereum developer conference, EEA (the largest blockchain consortium, with 500 members) released its Client Specification Version 2, which lays out…