Sindri Thor Stefansson, a 31-year-old man who escaped from prison in Iceland and was rearrested two weeks ago in the Netherlands, has expressed regret for the jailbreak and his decision to flee the country, where he was a suspect in a crime dubbed the Big Bitcoin Heist. Stefansson confessed his feelings about the jailbreak during […]
Developer Preethi Kasireddy believes what the ethereum community decides to do in terms of fund recovery will be the network’s “defining moment.”
A company made history on Monday by launching a Bitcoin mining rig called Space Miner One into the stratosphere, where it confirmed transactions and mined Bitcoin over 100,000 feet from the surface of the planet. Attached to a weather balloon, the Space Miner One rig drifted through the lower atmosphere before returning to Earth on […]
The Lightning Network continues to make news and Bitcoin Magazine’s latest cover story looks at what the future might hold for the innovative technology. Also new this week, BTC Media’s highly anticipated 2018 “Map of the Blockchain/Crypto Ecosystem” was also unveiled. It’s full of creative visual treats highlighting the state of the sector and its […]
Brian Kelly, a long-time contributor to CNBC’s Fast Money and the founder of BKCM, has laid out three major factors that could fuel the next big rally of bitcoin, now that the bitcoin price has officially crossed the $10,000 mark. Three Factors According to Kelly, three major factors that will inevitably lead the bitcoin price […]
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.