After months of prevarication, Coinbase has announced that it will add Segwit support to its bitcoin wallets. The much anticipated and long overdue move will go some way towards reducing transaction fees for users of Coinbase and GDAX, assuming it follows suit. Coinbase has come in for repeated criticism...
A research analyst at the Royal Bank of Canada (RBC) sees cryptocurrency, blockchain technology and decentralization as a potential $10 trillion ecosystem.In a new report released Wednesday, Mitch Steves, an equities analyst with RBC's Capital Markets subsidiary, laid out his bull case for why the future of transactional services will...
This is an entry in CoinDesk's Most Influential in Blockchain 2017 series.He might never spend a summer in D.C. again, but he made this one count.In an exclusive video interview, CoinDesk recaps the July day when an anonymous bitcoiner scratched his manifesto on a legal pad, stuck his finger in the...
While European institutions are issuing another series of warnings about the risks and sins of dealing with bitcoin, crypto communities on the Old Continent are trying to preserve freedoms not granted by Brussels. Two exchanges from opposite corners of New Europe have announced plans to offer peer-to-peer cryptocurrency trading....
Just recently a development team from the UK has created a bitcoin cash (BCH) point-of-sale server which allows brick and mortar merchants to accept BCH as a form of payment in-store. The startup has started an initial pre-sale, and BCH Mini-POS devices will begin shipping this summer. Also read: Québec Premier:...
Price declines, hacks, regulatory clarity – Q2 held no shortage of surprise for the crypto market. Exchanges faced hacks and several smaller blockchains were hit with attacks resulting in millions of lost funds. Further, prominent industry critics Warren Buffet, Bill Gates and Nouriel Roubini all launched new rounds of criticism in...
Billionaire and ex-fund manager Mike Novogratz has restated his belief that bitcoin will end the year at $10,000, adding that ethereum could close at $500.Speaking with Bloomberg Daybreak: Americas yesterday, Novogratz said that "I think we'll hit a new high soon ... we'll end the year at $10,000 in bitcoin."Ethereum, the second largest cryptocurrency...
What if there were no exchanges to hack?As a new generation of crypto users begin to invest in the technology, developers are growing concerned about its infrastructure. They've seen this happen before – new users enter the space attracted by big gains, then suddenly, a catastrophic failure, usually at...
Strobes pulsed through fog as a tightly packed audience sought to get a shot of the DJ.Revered for his contributions to electronic dance music, Gareth Emery was in the box at London's Ministry of Sound last weekend, there to show off the synths that have helped him win the prestigious "A...
It's like the early days of bitcoin all over again.Comprised of invite-only chat channels, alien terminology and warning signs at every turn, the nascent ecosystem springing up around Lightning Network, the scaling technology that could end up having the greatest impact yet on bitcoin's capacity, is to date, hopelessly difficult...