• world map
    Asia & Australia,  Europe,  Regulation

    As the US dithers on regulating cryptocurrencies, other regions move forward

    Support for blockchain technology is stronger both in the US and abroad

    Cryptocurrency and blockchain enthusiasts were excited about the ​announcement​ this week that President Donald Trump plans to name Office of Management and Budget Director Mick Mulvaney, a longtime supporter of cryptocurrencies and blockchain technology, as his interim White House chief of staff before the end of the year. As a congressman, Mulvaney was a co-founder of the ​Congressional Blockchain Caucus​. When it comes to actually embracing cryptocurrencies, the U.S. has been generally skeptical. As a recent opinion piece in the ​Harvard Business Review​ by law firm Jones Day blockchain initiative leaders Stephen J. Obie and Mark W. Rasmussen noted: ​“Without clear regulations, cryptocurrency innovation in the United States is being stifled.…

  • newspaper
    Alt coins,  Asia & Australia,  Bitcoin,  Cryptocurrencies,  Ethereum,  Litecoin,  Media

    Must-reads for Nov. 6, 2018: Bitfury’s billion, crypto’s energy costs, and Pomp get dumped

    These are the crypto stories you should be following today

    Billionaire Novogratz Invests in Cryptocurrency Firm Bitfury (Bloomberg) Mike Novogratz’s Galaxy Digital has joined Naver Group of Korea in an $80 million round of funding for Bitfury. The company “sells gear used to mine cryptocurrencies and develops blockchain technology for clients including the Ukrainian government,” notes Bloomberg’s Ruben Munsterman and Ruth David. That puts its valuation above $1 billion. “If it conducts the IPO in the next two years, Bitfury will seek a valuation of $3 billion to $5 billion,” concluded Munsterman and David.   Quantification of energy and carbon costs for mining cryptocurrencies (Nature) Another day, another Nature study on the impact of cryptocurrency mining. A week ago, the…

  • Skeleton Bitcoin
    Africa,  Asia & Australia,  Bitcoin,  Media,  United States

    Must-reads for October 31, 2018: #MeToo goes blockchain in China, U.S. gov’t and Bitcoin, and Africa’s hope in DLT

    These are the crypto stories you should be following today

    Chinese Activists Are Using Blockchain to Document #MeToo Stories (Harvard Business Review) Censors in China cracked down on women sharing their experiences on social media of being sexually harassed. In response, some began putting their stories into a blockchain ledger. That raises some tough questions, however, because the stories become immutable. “What do libel suits look like when records can’t be deleted from the blockchain? What about the “right to be forgotten” that is built into privacy policy in some countries?” asks MIT’s Catherine Tucker and Harbin Institute of Technology’s Yudan Pang.   EY Reveals Zero-Knowledge Proof Privacy Solution for Ethereum (CoinDesk) Accounting firm EY (what, they’re too cool to…

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