Category: Blockchain

Bitcoin Miner Argo Blockchain Says It’s Close to Restructuring Without Having to Declare Bankruptcy

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Regulators Should Protect Crypto Investors at the Point of Trust, Not the Blockchain

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Goldman Sachs Is Trying to Make Blockchain Bonds Happen

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

A Supreme Court case could kill Facebook and other socials — allowing blockchain to replace them

The internet — arguably the greatest invention in human history — has gone awry. We can all feel it. It is harder than ever to tell if we are engaging with friends or foes (or bots), we know we are being constantly surveilled in the name of better ad conversion, and we live in constant fear of clicking something and being defrauded. The failures of the internet largely stem from the inability of large tech monopolies — particularly Google and Facebook — to verify and protect our identities. Why don’t…

Shares of Bitcoin Miner Argo Blockchain Suspended in UK and US

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Symbiont.io, Which Tried to Bring Blockchain to Traditional Finance, Files for Chapter 11

Originally named Math Money FX, the company was formed in 2013 to help financial institutions leverage the Bitcoin blockchain to “reduce risk, save costs, and increase efficiencies,” according to a company timeline. Early on, it raised money from finance titans including the former CEO of the New York Stock Exchange, and allowed investors to track the cap table (finance jargon for who owns how much of a privately held startup) using the Bitcoin network. Source link

Investors chase Web3 as blockchain industry builds despite bear market

The third quarter of 2022 saw a reduction in venture capital activity across the entire blockchain industry. Investors appear to be moving away from decentralized finance (DeFi) and into Web3.  The crypto industry tends to have a problem with overusing buzzwords, like the way “DeFi” was everywhere just a couple of years ago. In 2022, it seems like every new startup and established blockchain company alike is taking up the “Web3” mantle. But what exactly is Web3? Cointelegraph Research delved into the matter in its recently released Q3 2022 Venture…

Telegram to allow no-sim accounts via anon-blockchain-numbers

Messaging app Telegram has rolled out a new update enabling users to create accounts using blockchain-based anonymous numbers, as opposed to cell phone numbers.  Telegram already hides people’s private phone numbers from non-added users on the app, however, users will now be able to hide numbers from everyone, which is likely to please people who value privacy-focused features. The messaging platform has become a popular app for crypto enthusiasts. The move is part of a 9.2 update launched on Dec. 6, which also enables users to auto-delete timers on messages…

Blockchain is the only viable path to privacy and censorship resistance in the 21st century

While censorship resistance and privacy are not the same thing, they are closely intertwined. When the government or another entity, such as an advertiser, can track everything you do, they can also sanction you for bad behavior. Instead of working backward to try and cover up seismic cracks in Web2 with duct tape, it may be time to move full speed ahead on ensuring these same mistakes don’t happen in Web3. By being proactive, the purported internet of the future could actually protect our private information and prevent overzealous or…

US Justice Dept Arrests Blockchain Company Official on Charges He Defrauded Firm of More Than $1M

According to the indictment, in 2018, Thapa agreed to receive and hold $1 million of his company’s money in his personal bank account while the firm explored other banking options. Thapa soon began using the funds on personal expenses such as nightclubs, travel and clothing, despite re-assuring the company that he was only holding the money “for safekeeping.” Source link