Bigger Than Netflix? Filecoin Hits 1 Exabyte of Storage
In a fireside chat as part of Decrypt’s Around the Campfire series, Protocol Labs CEO and founder Juan Benet indicated the Filecoin network is exceeding expectations for large-scale storage. Filecoin, which took in $200 million from a 2017 ICO, launched in October of this year. According to Benet, since then, the decentralized blockchain network for […]
JP Morgan’s Jamie Dimon: Bitcoin Still ‘Not My Cup of Tea’
JPMorgan Chase CEO Jamie Dimon expressed his continued disinterest in Bitcoin at an event this morning, quipping that “it’s not my cup of tea.” The event was the New York Times’ Dealbook summit, which is hosted by reporter Andrew Ross Sorkin; in addition to Dimon, today’s guests include Elizabeth Warren, Lebron James, and Ruth Porat, […]
Mysterious Ethereum Ad Offers Reward for Solving This Puzzle
A viral marketing campaign has sprung up in Warsaw, the capital of Poland. Plastered across metro stations is the message, “SOLVE THE PUZZLE, CLAIM THE REWARD.” The poster then points commuters to an Ethereum address that contains the reward, 7 ETH, as well as hash tags #0xPOLAND and #0xPOLANDHEIST. The Twitter account that appears to […]
Crypto Exchange Huobi Reportedly Wants to Buy Bithumb
Crypto exchange Huobi is reportedly looking to takeover Bithumb, Korea’s largest crypto exchange, as per a report by local news outlet The Bell. The move is said to be a path for Huobi to gain users in Korea without having to obtain the country’s strict licenses for crypto businesses for its main exchange. If completed, […]
Trump Fires Cybersecurity Chief Who Said Election Was Secure
President Trump has fired Christopher Krebs, director of the Cybersecurity and Infrastructure Security Agency (CISA), after Krebs and CISA refuted Trump’s claims of election fraud. Krebs reportedly believed last week that he was set to be fired. CISA Assistant Director for Cybersecurity Bryan Ware resigned on November 12 due to apparent pressure from the White […]
Senate Blocks Fed Nominee Who Wants Return to Gold Standard
Since former Federal Reserve Chair Janet Yellen retired in February 2018, her seat on the agency’s seven-member Board of Governors has been vacant. And President Trump’s nominee to replace Yellen—gold standard advocate Judy Shelton—is having a difficult time getting confirmed. Her nomination failed to proceed on a 47-50 vote today. Shelton, whose last position was […]
‘Prejudicial’ Bitcoin Messages Won’t be Heard in Craig Wright Lawsuit
Craig Wright has had a motion to prevent Andreas Antonopoulos, a well known Bitcoin author, from reading out the content of 145 messages—signed by blockchain addresses—that claim Wright committed fraud. “Craig Steven Wright is a liar and a fraud. He doesn’t have the keys used to sign this message,” they read, ending on the note, […]
Bitcoin Finds a Home on Wall Street As Stocks Fail to Rally
Another day, another market rise. The global market cap of cryptocurrencies continues its march north, sitting at $472 billion. The last time crypto was worth this much was back in the halcyon days of January 2018 – before everything came crashing down. While it’s still a far cry from the $716 billion recorded in those […]
Binance.US CEO Discusses Expansion to North Carolina
On November 12, North Carolina became the 41st US state to grant an operational license to Binance.US, the American arm of global cryptocurrency exchange Binance. Catherine Coley, the platform’s CEO, explains some of the intricacies of dealing with US regulation and expanding across the country. “We finally launched in the state where my family’s originally […]