Blockchain businesses, like many other startups in the digital world, choose to boast of expelling middlemen and intermediaries. But sometimes intermediaries add real value to their industries. And sometimes they outlive their usefulness and create unnecessary economic distortion and inefficiency. More often than not, intermediaries in disrupted industries occupy an ambiguous zone between these two […]
Streaming content is quickly supplanting traditional cable and television as the primary way people watch video content. According to a Pew Research Center survey, a whopping 61% of respondents aged 18-29 primarily use online streaming services to watch television. Emarketer estimated that there were 22.2 million cord-cutters aged 18 and older in the U.S. in […]
Bitcoin mining has become harder to turn a profit as scarcity and increased complexity to solve algorithms requires added skill, computing power, and electricity. As large companies steadily take over the cryptocurrency mining activity, enthusiasts get creative to reduce expenses to make it worth it. Bitcoin Mining Gets Popular on College Campuses for Its Free […]
It’s the combination of internal and external rules that ultimately dictates how blockchain-based platforms will operate, says Primavera De Filippi.
An ethereum conference in Canada this week showcased the depth and variety of projects seeking to scale the world’s second largest blockchain.
On May 4, 2018, at EDCON in Toronto, Canada, the Huobi Group announced its plans to expand to the Canadian market with a fully operational office in Toronto by the end of the year. This expansion marks the blockchain asset company’s second move into North America this year after setting up operations in San Francisco, […]
Blockchain technology holds great promise in Ethiopia, the largest coffee producer in Africa, but getting a foothold in the country is a challenge due its constraining bureaucracy. One blockchain company is finding inroads by directly collaborating with the government. IOHK, the company behind the Cardano blockchain, has announced a partnership with the government of Ethiopia […]
“Hands off my Bacoin.” That’s the message a 27-year-old IT worker has for Oscar Mayer. When Oscar Mayer launched what it called “the only leading authority to help lead bacon into the future of tomorrow – by creating a currency today,” they failed to recognize that Kirk Steele had created a cryptocurrency in 2014 called […]
Yesterday morning, BitGrail cryptocurrency exchange announced its reopening via Twitter. Unfortunately, just three hours later, exchange users saw an abrupt closure of services once again. On May 2, BitGrail, a cryptocurrency exchange based in Italy, announced to its customers that the exchange was resuming services after a several-week hiatus. Unfortunately, just three hours later, BitGrail tweeted: “We have temporarily disabled the […]
Chelan County’s Public Utilities District is enacting new security measures to protect employees from bitcoin miners.