Facebook Blockchain Arm Booms, Even Amid Crypto Bear Market

Just months ago, David Marcus, the former president of fintech giant Paypal, was appointed as the inaugural head of Facebook Blockchain, the social media giant’s first stab at so-called “internet 3.0” innovation. But since Marcus’ appointment, many have been puzzled, as Facebook’s blockchain division has seemingly disappeared off the face of Planet Earth. In a testament […]

From South Korea to IBM Food Trust

2018 has witnessed a steady increase in the number of food manufacturers and retailers using blockchains to enhance their operations. From tracking the quality of food to facilitating international trades in grain, blockchain technology has been turning up repeatedly in recent months; and while many deployments of such tech have been conducted on a trial […]

Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO

The CEO of crypto merchant platform BitPay Stephen Pair stated that speculation on future adoption drives Bitcoin’s (BTC) price more than “actual utility,” in an interview on CNBC Dec. 13. Speaking on the reasons behind Bitcoin’s current value, compared to its historic price highs, Pair told reporters: “A very big component of the [Bitcoin’s] price […]

Business Models Should Be ‘Re-Imaged’ for Blockchain, Says Barclays Rep

A Intrapreneur from financial services giant Barclays has expressed the idea that blockchains should be built with regulatory compliance in mind, tech news website The Next Web (TNW) reported Dec. 14. Speaking at a Hard Fork Decentralized event, Barclays’ Julian Wilson stated that when building blockchains, developers need to “reconfigure our approach and way of […]

Switzerland to Loosen Blockchain Regulations

Regulation The Swiss government has announced a new legislative approach to blockchain regulation in an official report. The document recognizes the technology as one of the most important recent developments for the financial sector in stimulating the country’s economy. Also read: How Bitcoin Companies can Legally Operate in Switzerland A Swiss Innovation Paradise According to […]

Linkedin Names ‘Blockchain Developer’ Top Emerging US Job of 2018

Economy & Regulation Linkedin has published its 2018 “Emerging Jobs Report” for the United States, in which it names “Blockchain Developer” as the most rapidly emerging employment position of the past year. According to the report, the position saw growth of 33x on Linkedin’s platform during 2018. Also Read: Pantera Capital Braces for SEC Action Against […]

Wendy McElroy: From Drugs to Gold and Prostitution, the Blockchain Minimizes Violence

Featured The Satoshi Revolution: A Revolution of Rising ExpectationsSection 5: Saving the World Through AnarchismChapter 11, Part 9From Drugs to Gold and Prostitution, the Blockchain Minimizes Violence The most obvious objection to relying on self-defense…and restitution to prevent and rectify rights violations, is that these measures will be inadequate to deter criminals…Most people fail to […]

Telecoms Giant AT&T Seeks Patent for Blockchain-Enabled Social Media ‘Mapping’ System

American telecoms giant AT&T is seeking a patent for a blockchain-based social media history “map.” The patent application was published by the U.S. Patent and Trademark Office (USPTO) Dec. 13. AT&T’s patent application describes a blockchain-powered system that may include a transaction history controller to store subscribers’ data, which may be used for various purposes. […]

BTI Claims Only Two of Top 25 Crypto Exchanges Accurately Report Volume

Exchanges The Blockchain Transparency Institute (BTI) has published its December 2018 “Exchange Volumes Report,” claiming that only two of the top 25 cryptocurrency exchanges by reported volume on Coinmarketcap pairings accurately report their trade volume. The report also asserts that wash-trading is estimated to comprise 99 percent of the purported volume for 12 of the […]

CEO of Largest Romanian Crypto Exchange Arrested on US Warrant

The CEO of Romania’s largest crypto exchange Coinflux was reportedly arrested on a warrant from the United States for fraud, organized crime, and money laundering, local news outlet Mediafax reported Dec. 13. Coinflux has subsequently stopped all digital currency exchanges. Founded in 2015 in the Romanian city of Cluj, Coinflux is an online digital currency […]