• Edward Snowden explains blockchain
    Commentary,  Technology

    Edward Snowden explains blockchain to your mother better than you ever will

    About 18 months ago, the ex-NSA analyst explained blockchain to his lawyer, who calls Snowden, “the clearest, most patient, and least condescending explainer of technology I’ve ever met.”

    “So what is a Bitcoin and what is this blockchain thing that it runs on?”

  • Full MakerDAO decentralization
    Ethereum,  People,  Technology

    Full MakerDAO decentralization moves closer

    The Maker Foundation took a big step toward relinquishing authority over the DeFi lending platform by turning full control of the MKR governance token over to holders

    The Maker Foundation's decentralization announcement came hot on the heels of a post-Black Thursday debt crisis that threatened to force an emergency shutdown of the MakerDAO decentralized lending platform. That was resolved a day earlier by a reverse auction following a series of votes by MKR token holders.

  • Telegram token sale illegal
    Cryptocurrencies,  Regulation

    Court to Telegram: $1.7 billion gram token sale is likely illegal

    The Securities and Exchange Commission has a ‘substantial likelihood’ of winning an ICO test case against the messaging app firm’s planned sale of gram tokens for its TON blockchain

    A federal judge issued a preliminary injunction stopping Telegram's planned resale of $1.7 billion in gram tokens, saying it is "part of a larger scheme to distribute those Grams into a secondary public market."

  • Sen, Kelly Loeffler Bakkt stock sales
    Commentary,  People,  Politics,  Regulation

    Sen. Loeffler Bakkt into corner by ‘timely’ stock sales

    The former CEO of the Bakkt cryptocurrency exchange sold at least $1 million in stocks after a private senate briefing on coronavirus made clear a market-tanking pandemic was coming

    It is “ridiculous” to think that former Bakkt CEO and current Sen. Kelly Loeffler (R-Ga.) would know that she began selling several million dollars’ worth of stock beginning the same day a private senatorial briefing on coronavirus made clear they would soon tank.