“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 […]
The news is interesting, and what’s maybe even more interesting is that the price of the cryptocurrency hasn’t collapsed since. “The heist was the result of carrying out what’s known as a rollback attack, which allowed the attackers to reorganize […]
They had raised $133MM. They’re returning the majority of capital raised to investors who included Bain Capital Ventures, GV, Andreessen Horowitz, Lightspeed Ventures. | learn more
This is a long read from the New Yorker. The author was able to interview influential people in the space including Vitalik Buterin and Joe Lubin. | learn more
Yes, but insurance companies don’t like to talk about it too much – yet. | learn more
This Washington Post article is a great read. “Silicon Valley startups boast about disrupting everything. Coinbase did the opposite — and is now the go-to exchange for bitcoin.” | learn more
Exactly what it sounds like. This is both fun and useful. | learn more
“Cohen has just started a new company called Chia Network that will launch a cryptocurrency based on proofs of time and storage rather than bitcoin’s electricity-burning proofs of work. Essentially, Chia will harness cheap and abundant unused storage space on […]
This summer, Tezos raised a then-record amount in its ICO. Three months later, the project is stalled because of a power struggle between the founders and the President of the Swiss Foundation that was set up to receive and oversee […]
“Montessori Schools, based in the Flatiron and SoHo neighborhoods of Manhattan, began accepting bitcoin, ether and litecoin in June.” | learn more