Crypto Exchange Coinbase Acquires San Francisco-Based Tech Startup Blockspring

Major cryptocurrency exchange and wallet provider Coinbase has acquired Andreessen Horowitz-backed tech startup Blockspring. The purchase was revealed in a blog post published Jan. 14. San Francisco-based Blockspring produces tools that enable developers to automatically gather and process information from application programming interfaces (APIs). In 2015, the company raised $3.4 million in a round led by venture capital firm Andreessen …

AI Crushes Crypto As Top Job For Tech Workers, AngelList Reports

Artificial Intelligence has supplanted blockchain and cryptocurrency as the startup industry tech workers are most interested in joining, according to a new report from AngelList, a U.S.-based platform that connects startups with investors. Machine Learning & Artificial Intelligence was the top industry coveted in 2018 by the 8 million job seekers registered on the platform’s job board, AngelList Talent, the …

Thai Cryptocurrency Exchange Determined to Stay Open After SEC Orders Shutdown

The Thai Ministry of Finance has rejected the last cryptocurrency exchange application it had been reviewing. The exchange, which has been ordered to close down business and return customer funds, is determined to stay operational. “Shutting down is not an option for us,” its chief strategy officer reportedly said. Coin Asset Exchange Rejected The Thai Securities and Exchange Commission (SEC) …

American Companies Can Now Settle Payroll Taxes In Cryptocurrency via Bitwage

International cryptocurrency payroll service provider Bitwage has announced that it has partnered with Texas-based Simply Efficient HR. The move will allow companies to pay W2 employee and payroll taxes in all 50 U.S. states, plus Puerto Rico, using BTC and ETH. Bitwage and Simply Efficient Join Forces With Bitwage’s solution now out of beta, American employees are able to choose …

Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018

Major cryptocurrency payment service provider BitPay has reported $1 billion in transactions this past year, according to a press release Jan. 16. According to the report, the company also set a new record for itself in terms of transaction fee revenue. Among major new customers this past year, BitPay named Dish Networks, HackerOne, and the State of Ohio. BitPay also …

One Year Later, What’s Holding Back SegWit Adoption on Bitcoin?

It’s been over a year since the scaling upgrade known as segregated witness, or SegWit, was activated on the bitcoin network. Even so, only an estimated 36 percent of all bitcoin transactions are actually using it. Why the minimal adoption rate? It’s largely because, like any backward-compatible upgrade (otherwise called a soft fork), SegWit ensures participants in the bitcoin network that haven’t upgraded …

Blockchain Tech Firm Blockstream Launches Beta Version of Satellite API for Data Broadcast

Blockchain technology company Blockstream is launching the beta version of its Blockstream Satellite API, designed to help developers broadcast data via the company’s satellite network. The launch was revealed in the official announcement published Jan. 16. The move follows the company’s satellite service expansion back in December, when it started broadcasting Bitcoin’s (BTC) blockchain on a global scale. Blockstream’s Bitcoin …

Crypto Markets Experience Moderate Growth, Bitcoin Holds Above $3,600

Wednesday, Jan. 16 — Cryptocurrency markets are mostly green today, according to Coin360 data. Most of the top 20 coins by market capitalization are up over the last 24 hours, with Bitcoin (BTC) holding firmly above the $3,600 mark. Market visualization from Coin360 Bitcoin has stayed above the $3,600 threshold during the day, while its highest price point over the …

Highlights of Week 02: Emanate & Contents Protocol

Emanate is presenting their wrap-up of their year 2018. From their partnership with vampr.me to their presence at roadshows and events, the team is reminiscing about their accomplishments and the current state of the Emanate project. Emanate brings super fast, feeless and borderless payments via trusted global collaborations to music creators and lovers. Read more here. Contents Protocol’s Sale has ended, …

The ‘Thirdening’ Approaches: How to Watch Ethereum’s Fork as It Happens

The world’s third largest blockchain by total value, ethereum, is about to upgrade its code. Named Constantinople, the system-wide upgrade, or hard fork, is set to enact several tech improvements, most designed to increase usability and improve smart contract design, should users of the network decide to upgrade to the new software when it’s introduced this week. Already, excitement is …