• cross
    Bitcoin

    Bad Friday as bitcoin suffers on the ‘death cross’

    Can cryptocurrencies rise again?

    Bitcoin is about to reach another milestone, but not in a good way. As of Friday, the cryptocurrency was trading at 50 percent below where it started 2018. The decline over the past three months is in stark contrast to the three months leading up to start of the year when bitcoin tripled in price. It’s not just bitcoin that has been suffering. Ether, the token of the Ethereum platform, is also down close to 50 percent year-to-date. It’s even worse for Ripple’s XRP; that token is off by nearly 80 percent since the start of 2018. Those practitioners of technical analysis—that is, the use of charts to explain and…

  • Ripple (XRP)
    Ripple

    Crypto bank Uphold adds Ripple’s XRP to its buying power

    The big news barely made a ripple as XRP’s price continues to fall

    The price of Ripple’s XRP kept falling Wednesday despite news that Uphold would now enable fee-free purchases. “XRP is now live on Uphold for members to buy, hold and transfer between any of our 30+ currencies and commodities,” the company said earlier this afternoon in a statement. The popular wallet holds over $153 million in seven other cryptocurrencies, 23 fiat currencies, and four precious metals. Two months ago, it was announced that former Ripple exec Greg Kidd invested $57.5 million into Uphold. Kidd said at the time: “Because of the strength of Uphold’s compliance and controls, I’m willing to pledge a certain amount of my balance sheet, or the balance…

  • West Virginia's capitol building
    United States

    America’s first blockchain voting system is here, and it’s military-only

    The Mountain State leans in to distributed ledger technology for voting.

    This is the beginning of the end of the notorious “hanging chad.” West Virginia isn’t about to be mistaken as a Silicon Valley-style tech hub, but the state has announced a blockchain-enabled voting system to be used in this year’s federal election. It’s the first of its kind in the United States, and for now, it’s only available to active-duty military and their eligible dependents. Service members can currently vote via mail, fax, or email wherever they’re stationed. As the government’s pilot program brings blockchain-enabled voting to military personnel registered to vote in Harrison County or Monongalia County, those constituents can now vote from their Android or iOS device with…

  • Stephen Colbert
    Ripple

    Stephen Colbert announces Ripple’s $29 million donation to fund school classroom projects

    Biggest donation in the nonprofit’s history has the host giddy, but that doesn’t mean he wants you to explain blockchain again

    On Tuesday, late night television host Stephen Colbert announced that Ripple and its executives donated over $29 million to fund every single teacher request on the school crowdfunding site DonorsChoose.org. “Please don’t explain blockchain to me,” the comedian joked as he broke the big news taping CBS’s The Late Show with Stephen Colbert. The announcement took place to a cheering crowd in place of one of Colbert’s signature charity-plugs. Only this time, instead of asking people to donated funds, he asked them to join him in celebrating the milestone for DonorsChoose.org. The website is a platform where teachers can present a project for their classroom and ask for supplies, pens,…