An old debate is resurfacing in the bitcoin developer community, underscoring one of the critical challenges facing decentralized systems: how to update the software when ostensibly no one’s in charge. The catalyst this time is called Taproot/Schnorr, a years-in-the-making privacy and scaling upgrade that’s seen exciting progress recently, especially now that the code in the
15 new confirmed cases of coronavirus were reported in South Korea. The nation’s Health Minister warned of the second peak of the outbreak is coming. Short-term sentiment around the virus remains gloomy among experts. South Korea and Japan are vulnerable to a large-scale coronavirus outbreak as more than a dozen confirmed cases of the virus
In particular, its structure seems to become increasingly similar to a core-periphery one, with well-connected nodes clustering together (as revealed by the study of the eigenvector centrality). More precisely, our analysis reveals the presence of many star-like sub-structures with the role of centers played by the hubs, seemingly acting as channel-switching nodes. Both Proponents and
The Takeaway: SEC Commissioner Hester Peirce wants to give token projects three years to adequately decentralize their networks before worrying about securities laws. Industry participants believe some kind of so-called “safe harbor” is necessary, and praise Peirce’s proposal for providing a reasonable plan for creating one. Questions remain, including how to define network maturity and
Billionaire ex-hedge fund manager and former Goldman Sachs partner Michael Novogratz made a shocking claim about global wealth on Twitter. He says if you make $32,000 a year, you’re in “the one percent” globally. That would certainly put income in perspective. But it’s not true. Michael Novogratz knows a lot about money. The billionaire businessman
Samsung Electronics’ newly launched Galaxy smartphone will come with the same crypto storage facilities found on previous models. Unveiling the Samsung Galaxy S20 range recently, the Korean tech giant said the phone’s security system includes a new “secure processor dedicated to protecting your PIN, password, pattern and Blockchain Private Key.” Although Samsung gave much more
I TOLD YOU NOT TO SHORT BITCOIN OR ETHEREUM! BREAKING NEWS! Bitcoin is looking super bullish off the back of todays pump back to $10,000 but how long will it take bitcoin to reach $12,000? Ethereum also looks very bullish with BTC and ETH both pumping today. Watch this video and understand what is actually
Aaron & Austin are live with special guest Tone Vays! Grab a beer (or a coffee). And ASK US A QUESTION! Let’s hangout and talk cryptocurrency! Check out Tone’s Bitcoin conference in Las Vegas THIS WEEKEND at https://www.unconfiscatable.com Follow our personal Instagrams: Aaron: https://www.instagram.com/aarontarnold Austin: https://www.instagram.com/theaustinarnold Follow us on Twitter: Tweets by AltcoinDailyio *********************************************************************** 🏺Support
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In Part 12 of the Beginner’s Guide to Bitcoin, I talk to Jameson Lopp, co-founder and CTO at Casa, and renowned Bitcoin privacy expert. We discuss Bitcoin privacy, best practices and operational security. WHERE TO FIND THE SHOW → My website: https://www.whatbitcoindid.com/podcast/ → iTunes: https://apple.co/2OOlzVV → Spotify: https://spoti.fi/2ygc4W1 → Stitcher: https://bit.ly/2IQO8fX → SoundCloud: https://bit.ly/2CGSVQR →
Several ‘Dreams’ developers have released excellent Sonic the Hedgehog levels. These levels showcase skills that Sonic Team appears to lack. We may have to look to Dreams for a reliable Sonic fix. The Sonic the Hedgehog movie isn’t terrible. At least, not compared to other video game movies. Unfortunately, you can’t say the same about
Taylor Swift published a live performance of “The Man” in Paris while fans sang along with gusto. E! News said the live music video “will empower you to conquer all.” But the message behind “The Man” is hardly subversive. In fact, it’s exactly how The Man has been keeping women down. Taylor Swift’s fans are
Tesla could reduce costs significantly by using cobalt-free batteries. Cobalt batteries are one of the most expensive components in electric vehicles. Elon Musk envisioned the Model 3 as a mass market car but it currently competes with luxury vehicles. One of the biggest factors preventing the mass adoption of electric vehicles (EVs) has been their
The 2020 U.S. Presidential candidate Michael Bloomberg addressed the subject of cryptocurrencies and initial coin offerings (ICO) in his recently published Financial Reform Policy. Bloomberg wants more “regulatory oversight” when it comes to this promising technology, claiming he sees “plenty of hype, fraud and criminal activity.” Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett
Stadia will soon be compatible with a selection of Samsung, ASUS, and Razer phones, Google announced today. This is the first time the service has expanded beyond its limited device compatibility since launch. The news continues a long string of underwhelming updates that do little to unleash Stadia’s true potential. Google announced today that it
The Internal Revenue Service has invited a number of undisclosed crypto startups to a summit on March 3 to discuss its existing approach to taxing cryptocurrencies as well as enforcement efforts, according to a copy of the invitation obtained by CoinDesk. The summit, to be held at IRS’s Washington, D.C. headquarters, will consist of four
For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number of wealthy people in the world spiked in 2019. The
Apple’s coronavirus profit downgrade rippled through U.S. stocks with exposure to China on Tuesday. As the Dow Jones’ second most heavily weighted stock, AAPL put severe pressure on the index. Dow bulls are still betting on a v-shaped recovery in China’s economy, but Japan and Germany might not be so fortunate. The Dow Jones fell
Are two recent attacks taking advantage of “flashloans,” low liquidity and price oracle issues the first of more to come? Part of what makes decentralized finance, or DeFi, interesting to people is how it takes advantage of open-source protocols to enable types of transactions never before available. The problem, however, is financial structures mean new
Announcing CoinDesk’s new opinion section, a place for discussions on the future of money and all the interesting questions that surround crypto and blockchain as ideas. Starting today, CoinDesk will be publishing daily columnists such as Preston Byrne, Jill Carlson, Nic Carter, HASU, Stephanie Hurder, Jeff Dorman, JP Koning, Yorke Rhodes, Byrne Hobart, William Mougayar,
Donna Redel is the former Chairman of COMEX, a Board Member of New York Angels and an Adjunct Professor of Law at Fordham Law School. Olta Andoni is an Adjunct Professor at Chicago-Kent College of Law. Peirce’s CoinDesk op-ed is here. Further reactions were published here and here. In February, Commissioner Hester Peirce proposed a new
BitGo is expanding beyond crypto custody with the takeover of a onetime poster child of the adjacent market for digital securities. Harbor’s subsidiaries, which include a broker-dealer regulated by the Financial Industry Regulatory Authority and a transfer agent supervised by the Securities and Exchange Commission, are included in the acquisition, the companies said. The move
John Beilein’s future with the Cleveland Cavaliers is looking as uncertain as ever, with rumors he could be out before the season finishes. Beilein’s old-school approach is more suited to the college basketball ranks. With the Cavaliers sitting on a 14-40 record that consigns them to the lower reaches of the Eastern Conference, a change
On February 15, a user on the read.cash blog site announced the development of a new Bitcoin Cash fundraising project called Flipstarter.cash. The developers behind the platform highlighted the recent questions people have been asking about voluntary funding of the Bitcoin Cash commons. The Flipstarter team plans to release an application that allows people to
With the price of bitcoin breaking below last week’s critical resistance, Markets Daily is back with another time-saving news roundup. Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary
PlayStation unveiled a new Player Celebration event. Players can unlock rewards by reaching community goals. An exclusive PlayStation kit, including a real-life Platinum Trophy, is also up for grabs. With everyone and their uncle desperate for a morsel of PlayStation 5 news, Sony has instead unveiled a comparatively underwhelming new event. It’s isn’t the PS5
Carol Van Cleef is Chair of the Blockchain and Digital Assets Team at the law firm Bradley Arant Boult Cummings. Addison Yang is CEO of Luminous Group, an advisor on blockchain projects. Peirce’s CoinDesk op-ed about the safe harbor proposal is here. Preston J Byrne’s take is here. We confess that, on first read of
Know Your Customer (KYC) and Know Your Transaction (KYT) are ostensibly deployed by exchanges to combat money laundering. In practice, these provisions are used as an excuse to surveil, cajole, and threaten customers, who risk losing funds if they are unable to meet the impossibly high burden of proof. An investigation by news.Bitcoin.com suggests that
Presidential candidate Michael Bloomberg proposed creating a regulatory framework for cryptocurrencies in a new financial regulation plan unveiled Monday. Bloomberg’s campaign published a financial reform plan Tuesday, advocating for greater consumer protection measures and a stronger financial system. Specifically, the proposal suggests requiring financial institutions to monitor risk exposure, recording all financial transactions in a
Jeff Bezos’ climate change outfit will receive $10 billion to start with. Amazon is a bigger polluter than Norway, Denmark, Ireland and Switzerland. Its too soon for Amazon employees to claim victory though. In the past 12 months they have pushed for the tech giant’s climate change inaction to end. Amazon (NASDAQ:AMZN) CEO’s announcement that
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