on the blockchain

U.S. DOJ prosecutes software developer

He created the Bitcoin mixer Helix, which obfuscates the origin of the cryptocurrency. The DOJ considers this a “money transmitting and money laundering business.” This major potential precedent could (should?) drive more U.S. developers to build anonymously. | learn more

on the blockchain

Facebook plans June 18th cryptocurrency debut

From TechCrunch: “Facebook is finally ready to reveal details about its cryptocurrency codenamed Libra. It’s currently scheduled for a June 18th release of a white paper explaining its cryptocurrency’s basics…” | learn more

on the blockchain

Facebook seeking $1B in VC money for crypto project

“Citing sources familiar with the matter, [New York Times tech reporter Nathaniel] Popper states that Facebook is seeking a $1 billion sum to develop its cryptocurrency project. He states that seeking outside investment could keep the project more in line […]