Author Archives: creative

Bitcoin.org Owner Asks the Community to Change Bitcoin’s Central PoW Algorithm

This week the owner of the web portal Bitcoin.org and Bitcointalk, a pseudonym called Cobra wrote an open letter to the bitcoin community asking them to think about changing the Bitcoin core network’s Proof-of-Work algorithm. Also read: Ross Ulbricht Denied Post-Conviction Relief Extension Bitcoin.org Owner ‘Cobra’ Says Bitcoin Mining Is Controlled By One Man and His Company The owner of two well-known bitcoin websites has sparked controversy once again as he’s written an open letter to the community asking for a Proof-of-Work (PoW) consensus change. Cobra says bitcoin […]

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Bank of America Acknowledges the Threat Posed by Cryptocurrency

For all the inroads that bitcoin has made on the current financial system, it has yet to threaten their ascendancy. The CEOs of Paypal, Visa, and other legacy payment systems may have been monitoring the rise of cryptocurrencies, but they have not been losing sleep over them. Now, in a frank report to the SEC, Bank of America has acknowledged a range of threats that could affect its hegemony – and one of them is cryptocurrency. Also read: Bitcoin Is Finding Its Way into High Schools Bank of […]

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Trading Tip `The Wall´ – Meet the TA Gods

Whether TA works or not is a topic discussed ad nauseam in cryptocurrency circles. As a cryptocurrency trader with a fascination for engineering, math and science, I backtested the entire spectrum of the most popular bitcoin TA indicators in early 2015 using the now defunct Tradewave-platform, in search of that magic formula that would allow me to make money on auto-pilot. I did not find it. Also read: Drop Tokens That Suffer From Overtokenization Meet the TA Gods Currently, I’m working on recreating a 2018 version of that […]

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Japanese Police Reveal 669 Money Laundering Cases Tied to Local Exchanges

Just recently Japanese investigators revealed they had obtained 669 reports concerning “suspected money laundering” tied to cryptocurrency transactions and domestic digital currency trading platforms. The linked data was derived from investigations spurred by the recent transaction reporting statutes licensed exchanges are required to follow. Also read: Bitcoin Is Finding Its Way into High Schools Japanese Police Are Reviewing 669 Alleged Money Laundering Cases Tied to Cryptocurrency Trading Platforms This week Japanese police told the press that they are reviewing 669 cases that involve possible money laundering and cryptocurrency […]

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Riot Blockchain Gets Hit by Another Shareholder Lawsuit

After changing its name to Riot Blockchain in October to include the word “blockchain,” the public company watched its stock skyrocket from $8 a share to more than $38 during a cryptocurrency rally at the beginning of the year. The first significant problem was the company did not have any real focus on blockchain technology. Before October, Riot was known as Bioptix, a maker of diagnostic machinery for the biotech industry. The company also changed its ticker symbol to RIOT from BIOP. Another problem was that key […]

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Bitcoin Price Analysis: Bitcoin Faces Pivotal Support as Bulls Exhaust Buying Pressure

After seeing a rally to the $11,000s, bitcoin has managed to pull back to the $9,000 range and has left many bullish investors confused. The initial bullish rally seemed promising as it broke the macro, descending channel that governed much of the market over the last two months: Figure 1: BTC-USD, 6-Hour Candles, Descending Channel The breakout of the descending channel (red dotted channel) gave hope to many bullish investors as it seemingly signaled the end of the downtrend and perhaps the beginning of a sustained bullish […]

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Bringing Renewable Energy to the World Using Blockchain Technology

Modern energy services are vital to human well-being and to a country’s economic development, yet according to the International Energy Agency (IEA), globally 1.2 billion people lack access to electricity. It’s thought that around 95 percent of these people are in either sub-Saharan Africa or developing Asia, with 80 percent in rural areas. Ethereum-based platform ImpactPPA is attempting to turn on the lights using the power of the blockchain. Selected as one of the top three most promising ICOs at this year’s North American Bitcoin Conference, ImpactPPA […]

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Nokia Launches Blockchain-Powered IoT Sensing as a Service for Smart Cities

Nokia is launching a set of services, based on Internet of Things (IoT), data analytics, and blockchain technologies, for economically and environmentally sustainable “smart cities.” In the emerging IoT, billions of connected devices and sensors will generate vast amounts of data. Smart cities will need to retrieve, process, interpret and act upon real-time environmental data in a timely manner to ensure they remain sustainable environments for their citizens. To enable efficient IoT ecosystems for smart cities, it’s important to create new data monetization opportunities for IoT sensor […]

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Tezos Foundation Reorganizes, Gevers Steps Down

After months of infighting between the organizers of Tezos, a blockchain project currently in development, and the Tezos Foundation, a Swiss nonprofit that controls the project’s pursestrings, the two remaining original members of the Foundation have “voluntarily” resigned. This means that since December, the entire three-person board has been replaced. According to an announcement by the Tezos Foundation, Johann Gevers, the former president of the Foundation, has stepped down and will be replaced by Ryan Jesperson, a Tezos project contributor. Diego Olivier Fernandez Pons also stepped down […]

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Kavita Gupta on Lubin, Buterin and Entrepreneurship in the Blockchain Space

When ConsenSys, a Brooklyn, New York–based firm that builds decentralized applications and blockchain ecosystem tools on Ethereum, launched a $50 million venture arm, it turned to Kavita Gupta to run it. Working closely with Joe Lubin, the founder of ConsenSys and one of the early founders of Ethereum, Gupta began spearheading efforts to fund early stage Ethereum-based startups through ConsenSys’ rapidly growing network. A native of India, Gupta received the UN Social Finance Innovator Award in 2015. She has done work at the World Bank, leading the […]

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