• RIP ETH?
    Alt coins,  Ethereum,  Innovators

    Ether’s $0 destiny: Could it really happen?

    One guy argues yes—and Vitalik Buterin kinda-sorta agrees

    A blockchain wonk has gone pundit in a TechCrunch article, predicting that Ethereum’s ETH asset will eventually crash to zero forever. In an unexpected twist, Ethereum co-founder Vitalik Buterin mostly agrees. Jeremy Rubin, the Bitcoin Core contributor who’s lately advising Stellar, launched a public critique of Ethereum and how it operates, calling for the network’s cryptocurrency to ultimately be worthless. He draws a clear distinction between the technology that powers the Ethereum network and the digital asset that represents value moving through it. The kernel of his “ETH to zero” argument revolves around network scalability and security issues that will hold Ethereum back as competitors move ahead. Rubin also invokes…

  • Asia & Australia,  Bitcoin,  Cryptocurrencies,  Ethereum,  Media,  Politics,  Regulation,  Ripple,  United States,  XRP

    Media finally notices that Bitcoin and Ethereum are actually VERY centralized

    US regulators awakening to reality of China’s total mining dominance

    The issue of how to classify and regulate cryptocurrency and blockchain technology is one that has stumped decision makers in Washington. This is unsurprising, given that offices in the Department of Defense were still using 8-inch floppy disks as recently as 2016. But while regulators in DC wring their hands over who has jurisdiction and whether certain coins are securities or not, many crypto observers fear that China, able to move with the speed and certainty of a dictatorship, is emerging as the gatekeeper of crypto. And that dominance is finally starting to rouse Beltway regulators who fear surrendering America’s digital future. Though China has a ban on trading digital…

  • newspapers
    Bitcoin,  Ethereum,  Europe,  Innovators,  Litecoin,  Media,  Ripple

    Must-reads for September 4, 2018: The Mueller Bitcoin connection, un-Lady-like behavior, wasted crypto energy, and more

    Here are the crypto stories you should be watching today

    Bitcoin Suspect Could Shed Light on Russian Mueller Targets (Bloomberg) Remember the name Alexander Vinnik? He ran BTC-e, the cryptocurrency exchange that appeared all too willing to launder money for Bond villain-type characters. He was taken down by FinCEN, with the help of the IRS, and now sits in a Greek prison. Some of the bitcoins Vinnik allegedly helped launder belonged to a Russian hacking unit now under investigation by special counsel Robert Mueller. See? It’s all connected.   The baroness, the ICO fiasco, and enter Steve Wozniak (Financial Times) Michelle Mone, aka Baroness Mone, of Mayfair in the City of Westminster, OBE, sits in the British House of Lords…

  • Zachery Ty Bryan
    Bitcoin,  Ethereum,  Innovators,  Media

    Former ‘Home Improvement’ star is now an agriculture blockchain entrepreneur

    Zachery Ty Bryan’s new role is ‘Green Acres,’ blockchain-style

    Your food makes a lot of stops on its way from the farm to your plate. The agricultural production chain is riddled with middlemen—packagers, distributors, logistics, and beyond—each one of them taking their cut. The humble farmer ultimately receives a fraction of the value of his goods, and he is often the last person paid in the process. But in the same way that cryptocurrency technology circumvents the middlemen in financial transactions, it’s now being implemented to change how produce moves around the world while ensuring farmers make more money. It’s a project called Producer’s Market, and it has some unlikely star power attached to it: Zachery Ty Bryan of…