Category: Business / Blockchain and Cryptocurrency

December 22, 2019

Bitcoin’s Path From Insurgents’ Talisman to Tool of Big Tech

Blockchain technology was designed to thwart big institutions. Now the likes of Facebook and Twitter are co-opting it.

by Gregory Barber in Business
December 18, 2019

Creditors Seek to Exhume the Body of a Dead Crypto Executive 

Gerry Cotten took at least $137 million to the grave when he died without giving anyone the password to his encrypted laptop.

by Dan Goodin Ars Technica in Business
December 17, 2019

The Startup That Aims to Decrypt Blockchain for Business

The founders of Alchemy are hoping to conjure gold—by building a better backbone for companies that run on blockchain.

by Gregory Barber in Business
December 10, 2019

This Alleged Bitcoin Scam Looked a Lot Like a Pyramid Scheme

Five men face federal charges of bilking investors of $722 million by inviting them to buy shares in bitcoin mining pools. 

by Gregory Barber in Business
November 16, 2019

Every Tech Company Wants to Be a Bank—Someday, At Least

Apple, Google, Amazon, Facebook, and Uber are all eyeing financial services as the next frontier. Getting there might take some work.

by Gregory Barber in Business
November 12, 2019

Opinion: China is Pushing Toward Global Blockchain Dominance

As US leaders dither, President Xi Jinping vies for the technological future of finance.

by Kevin Werbach in Business
November 6, 2019

Coinbase Wants to Pay Interest on Crypto Coins, Sort Of

By holding particular cryptocurrencies in a Coinbase account, the exchange says you’ll receive set returns independent of the market’s spikes.

by Gregory Barber in Business
November 4, 2019

These Researchers Are Trying to Build a Better Blockchain

Blockchain tech enables systems where no one is in charge, and keeps them secure. But it’s compute-intensive and slow, a hurdle for applications like payments. 

by Gregory Barber in Business
October 29, 2019

The Shady Cryptocurrency Boom on the Post-Soviet Frontier

Dodgy energy deals, loose regulation, and dubious characters—with links to the Hillary Clinton email hackers—are fueling a burgeoning crypto industry that could provide an end run around US sanctions.

by Hannah Lucinda Smith in Backchannel
October 28, 2019

What’s Blockchain Actually Good for, Anyway? For Now, Not Much

Not long ago, blockchain technology was touted as a way to track tuna, bypass banks, and preserve property records. Reality has proved a much tougher challenge.

by Gregory Barber in Business