Blockchain media project Civil turns to Asia with fund to kickstart 100 new media ventures

July 31, 2018 Editor 0

Civil, the blockchain-based journalism organization, is casting its eye to Asia after it set up a $1 million fund that’s aimed at seeding 100 new media projects across the continent over the next three years. The organization has teamed up with Splice, a Singapore-based media startup which will manage the fund, according to an announcement. There’s been a lot of attention lavished on Civil for its promise to make media work more efficiently using blockchain technology and its upcoming crypto token, CVL. The […]

Smart contract hacks cost millions — this company wants to fix it

July 30, 2018 Editor 0

Last November, a user accidentally froze around 514,000 ETH (worth approx. $155 million) in Parity, a popular Ethereum wallet. The culprit was a bug in the wallet’s software, which the user in question accidentally triggered. This wasn’t the first incident on the Parity wallet. Only months earlier, another bug in Parity’s software enabled hackers to get away with 150,000 ETH (approx. $30 million). Neither is Parity the only Ethereum application that has suffered from smart contract vulnerabilities. In 2016, in […]

Gambio’s GAMB is a decentralized online ecommerce marketplace

July 28, 2018 Editor 0

Blockchain technology and the associated cryptocurrencies have been disrupting almost every industry this year. But ecommerce is one sector that is not well-served at present, despite the prevalence of blockchain marketing solutions. Ecommerce platform provider Gambio hopes to change that with the launch of GAMB (Global Alliance of Merchants on the…Read More

The first ‘blockchain baby’ is here

July 27, 2018 Editor 0

When you read the news that they put a baby on the blockchain, your reaction makes you one of two types of people. Either you think, Mon dieu, is there anything the magical fairy dust known as blockchain can’t solve? Or you think: Surely this is chil…

Blockchain startups are selling visions of the future, not technology

July 27, 2018 Editor 0

The blockchain hype train has been operating at full steam for some time now. Every week Twitter and Reddit are ablaze with new launches of blockchain startups promising decentralized and distributed technologies, which promise to change life as we know it and empower us, the people, to decide our own future. The thing is, they are all promising roughly the same thing, and the promises are turning into a rhetoric. Rhetorics don’t really serve any function outside of argument or […]

Portion launches auction house for crypto art and collectibles

July 25, 2018 Editor 0

EXCLUSIVE: As a distributed ledger, blockchain technology is well-suited to providing an immutable, transparent, censorship-free database of record, thus reducing fraud in a wide range of industries and practices. And that is particularly true in the art world, where the blockchain is already being used, primarily to authenticate high-value works.…Read More

Blockchain company Tron buys BitTorrent

July 25, 2018 Editor 0

A blockchain startup called Tron has closed its deal to buy the file-sharing service BitTorrent. Neither side disclosed how much Tron paid, but TechCrunch reports the price was around $126 million in cash. BitTorrent’s staff will work out of Tron’s S…

There’s now a terrifying Ethereum-based ‘assassination market’ for Donald Trump

July 24, 2018 Editor 0

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 Augur protocol launched on July 9 and promised a revolution in the world of prediction markets. While the idea of a prediction market is itself […]

Bitcoin slowly surpasses $8,000 after two months

July 24, 2018 Editor 0

You can now buy and sell bitcoin for over $8,000 on all exchanges, and even for over $8,150 on some of the most popular ones. $8,000 is an important milestone for bitcoin after some complicated weeks. When you compare the price of bitcoin today with what it used to be back in December of last year, it’s quite disappointing. From December 1st until January 31st, one bitcoin was worth over $10,000. At some point, a single bitcoin was worth nearly […]

Crypto’s most popular wallet service is getting a mobile app for secure login

July 23, 2018 Editor 0

MyEtherWallet, the most popular crypto wallet service on the internet, is finally getting a mobile app as it bids to increase security for its users. Today the company introduced MEW Connect, an iOS app that allows users to access their wallet through MyEtherWallet but without the need to type their private key. There are already solutions that allow them — such as hardware keys from Trezor and Ledger — but MEW Connect is offering the benefits for free. The app […]