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Category / Blockchain

Cryptocurrency-rich make magic internet money rain in Vegas

It was late Saturday night at Caesars Palace in Las Vegas, and an extremely stoned man was trying to bribe his way into the city’s hottest cryptocurrency party — and it wasn’t working.  SEE ALSO: Dozens of Vegas slots went offline simultaneously during a hacker convention To get to that point, he’d have already waited...CONTINUE READING
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How cryptocurrency brings oppression and hope to Venezuela

Daily life in Venezuela begins and ends with one question: What is my money worth today? Venezuela has the world’s worst inflation rate at more than 40,000 percent annually and rising, according to John’s Hopkins University. The country’s almost worthless bolivar currency is breaking deli scales and credit card readers as the more than 30...CONTINUE READING
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West Virginia will use blockchain-backed smartphone voting in 2018 midterms

A new pilot program in West Virginia aims to take voting into the technological future. In doing so, the state has cast its eye toward one of the most popular tech buzzwords of 2018. West Virginia has contracted the Boston company Voatz to enable voting via smartphone for troops overseas in the 2018 midterm elections,...CONTINUE READING
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There’s now a terrifying Ethereum-based ‘assassination market’ for Donald Trump

The future of the blockchain is dark.  A new protocol has launched on the Ethereum blockchain that allows people to create and place bets on real-world events — i.e., prediction markets. And you better believe that a so-called “assassination market” for Donald Trump has already popped up.  Created by the non-profit Forecast Foundation, the open-source...CONTINUE READING
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Poorly attended blockchain conference offers much-needed reality check

It’s 8:30 a.m. on a Thursday morning at the Westin St. Francis hotel in San Francisco, and the emcee is stoked.  A booming welcome worthy of a Vegas boxing match is being delivered over the PA as attendees at the Distributed blockchain conference gather to hear the gospel of “unlocking the global power of decentralized...CONTINUE READING
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Oh joy, it’s your elected officials rambling on about cryptocurrency

Look, cryptocurrency is complicated. We get it. What with all the different coins, tokens, ICOs, exchanges, scams, protocols, and DApps, it’s borderline impossible for the casual observer to keep it all straight.  And so, with that in mind, let us now turn to approximately three combined hours of our elected officials rambling on about the...CONTINUE READING
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Shocking no one, study finds almost 80 percent of ICOs are scams

Initial coin offerings are the way of the future, and oh boy is that future shady.  A new study found that the favorite fundraising mechanism of the blockchain universe is often employed by those trying to fleece the world, not improve it. And, well, no one should be too shocked — it’s not like ICOs...CONTINUE READING
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In huge win for cryptocurrency, SEC says bitcoin and ether aren’t securities

The world of cryptocurrency just got some much needed good news.  With the prices of bitcoin and ether on a steady downward trend, the Securities and Exchange Commission today provided hodlers with a flash of hope: Neither of the cryptocurrencies are considered securities.  SEE ALSO: The only good thing to come out of Bitcoin is...CONTINUE READING
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WTF is former Congressman Dennis Kucinich doing at this blockchain yacht party

When you’re a shady organization railing against regulation and advocating for a blockchain-based society, it pays to have friends in strange places.  Decenturion, the latest head-scratcher to emerge out of the blockchain fever dream, appears to have found just such a friend in the form of a yacht-partying former Congressman Dennis Kucinich. SEE ALSO: This...CONTINUE READING
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