• Bitcoin

    Gemini announces crypto wallet usable at Whole Foods and Baskin Robbins; eBay teases acceptance

    Consensus 2019 brings news of using crypto at the cash register

    Now you’ll be able to spend your whole crypto wallet at Whole Foods, and soon you may be able to bid on CryptoKitties at eBay. Growing adoption of cryptocurrency payments by mainstream companies was the big theme that emerged on the first day of Coindesk’s Consensus 2019 conference in New York on May 13. The Winklevoss twins’ Gemini announced that major retailers—ranging from Whole Foods to Nordstrom’s—were accepting crypto payments. Meanwhile, online marketplace eBay teased it may soon take virtual currencies with ads and a show sponsorship.

  • Bitcoin Pizza Day
    Bitcoin,  Commentary

    Bitcoin Pizza Day: 10 years on, $91M pies

    A booming bitcoin and the adoption of blockchain technology by multinational corporations, leading financial institutions, and even governments shows how far Satoshi Nakamoto’s dream has come

    It’s Friday, May 22, 2020, and two pizza pies cost $45.90 at Stromboli's, across from my apartment in New York City. But 10 years ago, in Florida, two pies from Papa John’s cost Laszlo Hanyecz about $41—or 10,000 bitcoins, which is how he paid. And how Bitcoin Pizza Day was born.

  • JPMorgan Chase banks Coinbase Gemini
    Cryptocurrencies,  People,  Regulation

    Major bank haul: Coinbase, Gemini break into JPMorgan Chase

    By taking on the regulator-friendly Coinbase and Gemini as clients, JPMorgan Chase has become the first large bank to knowingly agree to do business with cryptocurrency exchanges in years.

    Two major U.S. cryptocurrency exchanges known for aggressively seeking regulatory approval, Coinbase and Gemini, have been accepted as JPMorgan Chase customers, breaking through an important glass ceiling in the financial industry.

  • 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…