Gavin Wood Announces ‘Impending Release’ of DIY Blockchain Tool

Another do-it-yourself build-a-blockchain tool is about to launch. Speaking at the Web3 Summit in Berlin on Tuesday, ethereum co-founder and Parity Technologies founder Gavin Wood announced that his company’s new tool, Substrate, is weeks from release. As the technical underpinning for his interoperability protocol Polkadot, Substrate provides a generalized platform for blockchain development. According to Wood, […]

Continue Reading

Elon Musk Mocks Bitcoin Security And Scams With Tongue-In-Cheek Tweet

Bitcoin is often mocked by the wider cryptocurrency sector for its older technology compared to some of its newer peers and now Elon Musk, a serial entrepreneur who’s no stranger to controversy, has lampooned the bitcoin scams that plague Twitter and other social networks. Musk, the founder of electric car company Tesla and aerospace manufacturer SpaceX, is […]

Continue Reading

Australian Securities Watchdog Halts ICO Seeking to Raise $50 Million

An Australian initial coin offering (ICO) project planning to raise as much as $50 million has announced its token sale has been halted by the country’s securities regulator. Called Global Tech Exchange, the Brisbane-based project announced on its website Monday that its token sale has now ceased after the Australia Securities Investments Commission (ASIC) stepped in. […]

Continue Reading

Kenyan crypto-currency pioneer: ‘I make my money from Bitcoin and tasty roast meat’

The towering vista of Mount Kenya provides an unlikely backdrop to a tech-savvy Kenyan restaurant that has embraced crypto-currencies as a form of payment. Betty’s Place specialises in “nyama choma”, a lip-smacking goat meat barbeque that is a firm favourite amongst Kenyans. Located in the rural town of Nyeri, about 150km (90 miles) outside the […]

Continue Reading

DigitalMint selling Bitcoin on demand in Sioux City, South Sioux City

SIOUX CITY — Cash is easy enough to get when you have a bank account — ATMs have been spitting out $20 bills for decades. What if you have cash, but want cryptocurrency?  DigitalMint, a Chicago-based chain of Bitcoin ATMs and teller windows, opened a retail outlet in Sioux City in early October. A store […]

Continue Reading

Sorry, I Turned Off My Bitcoin Faucet (Because Money)

Ofir Beigel is the general manager of 99 Bitcoins, an informational site for newcomers to the space. In November 2015, I started operating 99Bitcoins’ faucet. Almost three years later, on Oct. 8, I shut it down. Throughout its history, the faucet paid out over 12.795 bitcoins to its users. Here’s its story. What are cryptocurrency […]

Continue Reading