• Bison Trails' Aaron Henshaw and Joe Lallouz (Photo: Bison Trails).
    Ethereum,  Politics,  Technology

    Joe Lallouz sees proof of stake becoming dominant

    Bison Trails and Coinbase Custody join the Proof of Stake Alliance, seeking to educate regulators on how staking is superior to mining

    Blockchain infrastructure firm Bison Trails and cryptocurrency storage provider Coinbase Custody announced on Jan. 30 that they have joined the Proof of Stake Alliance to support what one CEO called “the next wave of blockchain technology.

  • Facebook's chief seems to be losing, for once. (Anthony Quintano via Wikimedia Commons)
    Libra

    Despite being called ‘global threat’, Libra Association launches

    A signing ceremony by the cryptocurrency’s members was overshadowed by dropouts and a report calling stablecoins a threat to the global economy

    Facebook’s wounded Libra Association formally voted itself into existence on October 14, electing a board and choosing officers. The ceremony was overshadowed by the loss of seven original members including Mastercard and Visa.

  • Facebook seeks to MySpace Bitcoin. What, too soon? (Composite image by Modern Consensus.)
    Libra

    Facebook’s Libra seeks to MySpace Bitcoin

    The social media giant’s new stablecoin will harness its 2.7 billion users to bring the new cryptocurrency mainstream

    Facebook wants to do to Bitcoin—and maybe even the dollar, euro, and yen—what it did to MySpace and Friendster by launching a new cryptocurrency called libra, announced on Tuesday after months of anticipation and speculation.