• SafePal's hardware wallet (photo by Brendan Sullivan for Modern Consensus).
    Technology

    We tried SafePal crypto wallet and here’s what we think

    We are going to hear a lot more about crypto security in the coming years as Facebook’s Libra gets your mom into crypto. But if your mother can fall for one of those Facebook scams, she can easily lose her Facebook piggy bank. So we’re going to walk you through the SafePal crypto wallet and see if it’s something your mom can use.

  • Part of the header image on Brock Pierce's Twitter profile page shows him appearing heroically on fictitious money (via Twitter)
    Bitcoin,  Innovators

    Brock Pierce buys a million-dollar home with a crypto-backed loan

    The controversial bitcoin investor’s use of Bitcoin as collateral has tax benefits, but also big pitfalls

    Controversial Bitcoin investor Brock Pierce has used cryptocurrency to buy a $1.2 million house in Amsterdam. The wealthy former child star, known for his role in “Mighty Ducks,” used Bitcoin as collateral to obtain a $1.2 million loan from Swiss FinTech Nexo for a home.

  • newspaper
    Alt coins,  Bitcoin,  Innovators,  Media,  United States

    Must-reads for Nov. 12, 2018: BitMEX pushes back, Galaxy’s lost in space, and CFTC punishes fraud

    These are the crypto stories you should be following today

    BitMEX CEO defends the billion-dollar crypto exchange: ‘We don’t trade against customers’ (Yahoo Finance UK) Arthur Hayes, CEO of BitMEX, is countering allegations the world’s largest crypto futures exchange is trading against customers, giving preferential access to favored customers when servers go down, and makes money with its insurance fund (which appears as an asset on its balance sheet). He claims their trading desk is treated like any other customer, that BitMEX is working on its server problems, and that the insurance fund—which hasn’t been used in nearly two years—still serves to benefit its customers in times of volatility.   Execs are fleeing Mike Novogratz’s Galaxy Digital as the firm…

  • newspapers
    Alt coins,  Bitcoin,  Ethereum,  Media

    Must-reads for Nov. 5, 2018: EOS is BS, ETH may go POS, and WEF touts BCH

    These are the crypto stories you should be following today

    Interview: Researcher Argues EOS isn’t a Blockchain — Just a Distributed Database (CCN) A paper by Whiteblock, a blockchain testing firm, has come down hard on EOS, the controversial protocol started by Block.one (helmed by none other than Brock Pierce). “EOS is not a blockchain, rather a distributed homogeneous database management system, a clear distinction in that their transactions are not cryptographically validated,” Whiteblock said. CCN interviewed Whiteblock’s CTO, Zak Cole, about their findings.   Bitcoin is 10 years old: This is how it began and where it’s headed (World Economic Forum) One of the most bitterly debated topics in crypto is Bitcoin Cash. That makes this particular post provocative;…