Bitcoin ‘Nuclear Winter’ Doesn’t Scare Billionaire Crypto Bull Jim Breyer

Billionaire investor and venture capitalist Jim Breyer stated that despite a prolonged crypto “nuclear winter,” he still believes that the promise offered by the technology is too great for it to be permanently buried by short-term market movements. Speaking at the 2018 Fortune Global Tech Forum in Guangzhou, China, Breyer noted that while these are testing times for the crypto …

Political Decentralization: Freeing the Internet From Monopolists With Crypto-Tech

The internet was born from an ideal for information to be shared by all, with all, and was seen as the archetypal decentralized system. Today, however, commercialization by monopolistic and powerful actors has created a system in which we are shown information paid for by the highest bidders, and can only access what the wealthy and powerful permit. Giant tech …

The Race Is On to Replace Ethereum’s Most Centralized Layer

“If we don’t stop relying on Infura, the vision of ethereum failed.” That’s how Afri Schoedon, release manager for the Parity Ethereum client, described one of ethereum’s most popular – and controversial – technologies on Twitter in October. Infura handles around 13 billion code request per day and provides a way for developers to connect to ethereum without having to …

Overstock’s Medici Ventures Acquires Stake in Agricultural Blockchain Firm

Medici Ventures, the blockchain venture arm of Overstock.com Inc., has purchased $2.5 million in equity in agricultural blockchain project GrainChain, according to a press release shared with Cointelegraph Dec. 4. Founded in 2003, GrainChain has developed a blockchain-powered system that enables supply chain parties to track the distribution process of harvests. GrainChain’s blockchain-based financial settlement system allows producers, buyers and …

Hyperledger Launches Cryptography Toolbox for Blockchain Developers

Blockchain consortium Hyperledger has launched a new tool for developers – a modular, shared cryptographic library dubbed Ursa. The Linux Foundation-led group announced Tuesday that Hyperledger Ursa will act as a repository of “trusted” cryptographic implementations, aimed to make it easier for blockchain developers within its community and the wider open-source space to avoid duplication of development efforts. The library will …

Highlights of Week 48: Membrana, Cloudbric & Science Blockchain

Membrana’s PreSale is starting on december 10th! The team is inviting participants to discover the Platform’s Beta here. 2000 users are already active. The Membrana platform is intended to bring investors and traders together for concluding mutually beneficial blockchain-protected contracts for the trust management of cryptocurrency assets. Membrana provides investors and traders with a transparent, decentralized and secure system, which controls …

G20 Leaders Declare Commitment to Regulate Crypto Assets

While some countries have taken the lead to regulate various aspects of using cryptocurrencies, many have left the matter completely up in the air. This might soon change as pressure is mounting on governments to develop standards for crypto regulations, as evident by the latest G20 meeting of top politicians from around the world. Mitigating Risks of Technology The G20 …

Crypto Custody? State Street Is Waiting on a Client Shift, Exec Says

State Street, one the largest institutional custodians on the planet, said there is no sense of urgency – at the moment, at least – from clients for the firm to move into safeguarding crypto assets. Speaking at the American Banker BlockFS conference in New York on Thursday, Jay Biancamano, State Street’s managing director for digital product development and innovation, acknowledged there …

Asus Wants to Let Gamers to Mine Crypto with Idle GPU Power

Tech giant Asus is now making it possible for gamers to use the excess processing power of their graphics cards to earn some profit from crypto mining. In an announcement made on Thursday, the Taiwan-based tech company stated that it has entered into a partnership with a mining app provider known as Quantumcloud. Under this partnership, Asus and Quantumcloud will …

Bitcoin Opinion: Why Context Matters When Discussing the Crypto Bubble

The fact that the bitcoin price has been crashing for the past month has led some people to have some hilarious reactions. From rage-quitting crypto-trading and investing to astonishing doomsday predictions, it’s really fun to sit back and watch all madness. However, I feel like it’s also my duty to step in and calm things down for a second. Honestly, …