Facebook Messaging VP David Marcus joins Coinbase board

 Coinbase is growing up fast — or at least trying to. As an emblem of its current effort to accommodate the massive demand on its platform, the mainstream U.S. cryptocurrency exchange just added Facebook Vice President of Messaging Products David Marcus to its board of directors. Coinbase announced the news in a post on Medium. Thrilled to join the @Coinbase Board! Looking fwd to doing… Read More

Bitcoin mining marketplace NiceHash loses tens of millions of dollars following hack

 Bitcoin is flying sky high after crossing the $14,000 mark for the first time, but one projected aimed at helping mine coins is short of at least $60 million after it was hacked. NiceHash, a marketplace that matches those with spare computing to power to miners wanting to create new coins, has confirmed that it has hit by attackers who snatched bitcoin. The company has paused operations for… Read More

Bitcoin mining marketplace NiceHash loses tens of millions of dollars following hack

 Bitcoin is flying sky high after crossing the $14,000 mark for the first time, but one projected aimed at helping mine coins is short of at least $60 million after it was hacked. NiceHash, a marketplace that matches those with spare computing to power to miners wanting to create new coins, has confirmed that it has hit by attackers who snatched bitcoin. The company has paused operations for… Read More

The tech trends that shaped 2017

As we approach the last stretch of 2017, I wanted to take stock of the tech trends that shaped our year. In the next post, I’ll cover additional tech trends of 2017 and my predictions for 2018....

This is a content summary only. Click on the post title to continue reading this post, share your comments, browse the website and more!

The tech trends that shaped 2017

As we approach the last stretch of 2017, I wanted to take stock of the tech trends that shaped our year. In the next post, I’ll cover additional tech trends of 2017 and my predictions for 2018....

This is a content summary only. Click on the post title to continue reading this post, share your comments, browse the website and more!

One bitcoin is now worth $10,000

 It happened. One bitcoin is now worth $10,000. The milestone was hit on international exchanges earlier in the day (where prices are normally a few percent higher) and was just crossed on U.S exchanges like Coinbase and Gemini a few minutes ago. This comes two days after bitcoin hit $9k, and eight days after it crossed $8k. This $10,000 marks a bull rally essentially never before seen in… Read More

Tether, a startup that works with bitcoin exchanges, claims a hacker stole $31M

 Bitcoin cruised past $8,000 for the first time this week, but it hasn’t been smooth sailing for all after Tether — a company that helps exchanges convert fiat currency to token — said today that a hacker snatched nearly $31 million. Tether operates USDT, a cryptocurrency asset that it backs via the U.S. dollar. The company said that $30,950,010-worth of USDT was taken… Read More

Coin offerings using celebrity glitter may not be golden, SEC warns

 A slew of media stars have hitched their stars to various virtual currencies, lending their social media outreach and luster to projects that have seemed less than golden. Now the SEC is warning celebrities that their endorsements “may be unlawful if they do not disclose the nature, source, and amount of any compensation paid, directly or indirectly, by the company in exchange for the… Read More

Russia may soon issue its own official blockchain-based currency, the CryptoRuble

 Russia will issue its own official cryptocurrency, the CryptoRuble, capping months of speculation about the country’s approach to the technology. While in a way it indicates an embrace of the likes of Bitcoin and Ethereum, the CryptoRuble is unlikely to share the truly decentralized nature of other coins. Read More