• 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?”

  • Buterin wants bitcoin-ether DEX
    People,  Technology

    Vitalik Buterin: Lack of bitcoin-ether bridge ‘embarrassing’

    In a candid tweet, the Ethereum co-founder said it was ‘embarrassing that we still can’t easily move between the two largest crypto ecosystems trustlessly’

    Ethereum co-founder Vitalik Buterin has called for a decentralized exchange to be built that enables swaps between bitcoin and ether. At present, those who want to convert their BTC into ETH, or vice versa, have little choice but to rely on centralized crypto exchanges, which often charge fees.

  • Spencer Dinwiddie Cred savings platform
    Cryptocurrencies,  People

    NBA star Spencer Dinwiddie teams up with Cred for crypto lending, savings

    With plans to tokenize his salary yet to materialize, the Brooklyn Nets’ guard is offering fans 10% interest and cryptocurrency-backed loans.

    As he still battles to tokenize his lucrative NBA contract, Brooklyn Nets star Spencer Dinwiddie has come up with a back-up plan: offering a savings platform for cryptocurrencies. Through the partnership with Cred, a California-based lender, users can “pledge” digital assets such as Bitcoin and Litecoin—as well as stablecoins including Tether. In return, Dinwiddie says he is promising up to 10% interest at maturity

  • Craig Wright word worthless
    Alt coins,  People

    Judge to Craig Wright: Your word is worthless

    The court ruled against nearly every argument the self-proclaimed Satoshi Nakamoto made about what evidence should be shown to a jury

    “I give no weight to sworn statements of Dr. Wright that advance his interests but that have not been challenged by cross-examination and for which I cannot make a credibility determination. I have previously found that Dr. Wright gave perjured testimony in my presence,” Magistrate Judge Bruce Reinhart wrote in a scathing 14-page order.