The company most widely associated with crowdfunding, Brooklyn-based Kickstarter, has no plans to get into the initial coin offering (ICO) business. Coming in response to the news yesterday that competitor Indiegogo would facilitate ICOs on its platform, supporting entrepreneurial efforts in this new area of fundraising, a Kickstarter spokesperson told CoinDesk...
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month.Parity Technologies, having suffered a multi-signature wallet bug that froze hundreds of millions of dollars’ worth of Ether, noted ongoing issues with Ethereum in a recent blog suggesting a course of action to rescue the funds. From...
Steven Hopkins is chief operating officer and general counsel of Medici Ventures, an Overstock.com subsidiary focused on the advancement of blockchain technology. "Cynicism masquerades as wisdom, but it is the farthest thing from it."– Stephen Colbert The run-up in bitcoin and other crypto assets has offered cynics of all stripes...
Overstock CEO Patrick Byrne has partnered with a well-known economist on a new blockchain land registry venture – and he may wind up selling the e-commerce giant in order to fund it. The joint venture between Overstock subsidiary Medici Ventures and Hernando de Soto, named De Soto, Inc., will focus...
The price of ether, ethereum's native token, hit a new all-time high of $686 today, and the price chart analysis suggests the rally could continue. At the time of writing, ether (ETH) was trading around $680. As per CoinMarketCap, the world's second largest cryptocurrency by market capitalization has appreciated...
The U.S. tax code is on the brink of its largest overhaul in three decades. And while neither the House of Representatives or Senate version of the tax bill (both have passed in their respective chambers and are in the process of being reconciled into a final bill) specifically...
Digital currency exchange startup Coinbase has announced the appointment of a Facebook executive to its board of directors. In joining the board, David Marcus, vice president of messaging products at Facebook, will bring years of experience in building large-scale mobile products, according to a Coinbase statement posted yesterday. Previously president of...
Michael J. Casey is chairman of CoinDesk's advisory board and a senior advisor of blockchain research at MIT's Digital Currency Initiative. Last week, my eighth-grader came home saying that all the boys at school were talking about bitcoin. Some might describe this vignette, and many others like it from the...
Vanguard, the mutual fund giant, will begin using smart contract technology developed by blockchain startup Symbiont in some of its actual business processes starting early next year. For the last few months, the companies have been testing the technology to simplify the way Vanguard takes in data from the...
Japanese internet giant GMO revealed yesterday that it soon allow staff to receive some of their salary in bitcoin. The bitcoin payroll system will allow the firm's network of more than 4,000 employees to receive part of their salary in bitcoin in a move aimed to promote the development and adoption...