Month: June 2018

Coinbase has announced that it is opening an office in Portland, Oregon. According to a blog post on the company’s website, a variety of cities in the United States had been explored before settling on Portland. The West Coast city was picked based on the fact that it already had a vibrant blockchain community. Talent is everywhere: we’re opening our newest office in #portland this fall. After exploring a variety of cities in the U.S., we were inspired by Portland’s Read more …

More than a thousand of crypto projects are “already dead” as of June 30, 2018, according to a recent TechCrunch report. The news outlet has based its claim on data from two websites: Coinopsy and DeadCoins. Coinopsy provides daily reviews of various cryptocurrencies, including ones that are already “dead.” It defines a “dead” token as exhibiting at least one of the following: “abandoned, scammed, website dead, no nodes, wallet issues, no social updates, low volume or developers have walked away Read more …

Initial coin offerings (ICOs) were the talk of the town last year, drawing the eyes and ears of worldwide investors. However, DeadCoins has reported that over 800 cryptocurrencies now lay lifeless, with many of these projects enlisting business practices reminiscent of scams.  ‘DeadCoins’ Says Over 800 Cryptocurrencies Now Lay Lifeless DeadCoins, a collection of cryptocurrency ‘eulogies’, now has a list of over 800 cryptocurrencies that lack a promising outlook. Although this may be poking fun at these 800 projects, the Read more …

133 deputies from the Spanish ruling party, Partido Popular, have proposed a bill to use blockchain in the public administration of Spain, CriptoNoticias reports Saturday, June 30. The bill was introduced to the Spanish Congress on June 22 and published on the official website of the legislative branch on June 26. It hasn’t been reviewed by other deputies yet. The Congress website has not provided any further information on the bill’s details so far. As Cointelegraph reported in February, Partido Read more …

After months of painful wrangling, the Tezos network is up and running – more or less. The Tezos Foundation announced on Saturday that the blockchain’s “betanet is live.” As the group explained prior to the launch, this means that a fully functional version of the network is available, but still “experimental” in nature, with downtime and even emergency hard forks of the network possible. The foundation’s plan is for transactions that occur on the betanet to remain valid on the mainnet – Read more …

News Travel booking platform Expedia has stopped accepting bitcoin (BTC). A company representative confirmed the policy change, while stating that various payment options are being continuously evaluated without elaborating on the details. Expedia has been supporting bitcoin payments since 2014.  Also read: Russian Railways Eyes Crypto for Tickets, Blockchain for Cargo Expedia Confirms Suspension of BTC Payment Option Expedia.com, one of the world’s largest travel sites offering booking services for flights, hotels, and car rentals, is currently not accepting bitcoin Read more …

VeChain has officially launched its main network and the first block has been mined successfully. VeChain Mainnet Launches VeChain Thor is a blockchain platform aimed at driving enterprise businesses to use blockchain solutions. The main network launch was preceded by deploying the first authority master node. VeChain utilizes a Proof-of-Authority consensus algorithm, in which approved validators mine blocks to produce faster transaction speeds compared to other blockchains. Although critics have expressed concerns of centralization, VeChain believes that this mechanism would Read more …

Cryptocurrency analysts, community members, and personalities all portray institutional investment as the ‘holy grail’ of the industry, but is it really feasible? Slow Institutional Adoption The release of the Bitcoin codebase and whitepaper were far from publicized. Satoshi Nakamoto mined the first Bitcoin block in 2009, under the watchful eyes of nearly no one. At the time, only a handful of individuals held an interest in this project, with others calling it “a failure” or “useless.” But since the 2016-2017 Read more …

Ron Paul, a former member of the U.S. Congress and a Distinguished Counselor to the Mises Institute, has called for the legalization of competition to the U.S. dollar and a debate over the future of fiat currency, precious metals, and cryptocurrency. Writing for the Mises Institute website, he claims the U.S. does not have a free market economy since a conglomerate of people both in and out of the government run the economy, which is destined to crash. The Mises Read more …