You've heard of proof of work, but what about proofs of proofs of work? A complex notion, the research on "Non-Interactive Proofs of Proofs of Work," or NiPoPoW, released in October, has received very little attention so far but is heralded as breaking through one of the major roadblocks...
The United Nations Children's Fund (UNICEF) is seeking to invest in early stage blockchain startups with the potential to help children across the globe. In an announcement today, the U.N. program said it is offering equity-free investments of $50,000–90,000 to seed-stage startups developing solutions on open blockchains in areas including smart contracts,...
Bitcoin is taking a hit today, touching 3.5 week lows at the time of writing. Data source OnChainFX indicates that bitcoin (BTC) has depreciated by 14 percent in the last 24 hours. At press time, prices were was at $11,966 levels, according to CoinDesk's Bitcoin Price Index. Notably, the world's...
China's cryptocurrency mining pool ViaBTC has revealed a plan to adjust its cloud mining maintenance fee, a move that appears to be affected by a reportedly tightened regulation in the country. In an online statement published on Jan. 11, ViaBTC said it will temporarily increase the maintenance fee ratio...
China's cryptocurrency mining pool ViaBTC has revealed a plan to adjust its cloud mining maintenance fee, a move that may appear to be affected by a reportedly tightened regulation in the country. In an online statement published on Jan. 11, ViaBTC said it will temporarily increase the maintenance fee...
The director of German's central bank believes that bitcoin should be regulated through an international set of rules rather than on a national scale. Bundesbank director Joachim Wuermeling said that borderless cryptocurrencies are difficult to regulate within a specific region or country, according to Reuters. Speaking at an event...
A few days after announcing a new branch in Switzerland, China’s mining giant Bitmain Technologies is considering another expansion - this time in Canada’s Quebec province. According to a report by Reuters, Bitmain is looking at potential mining sites in Quebec and has already begun discussions with power authorities. The...
A self-regulatory organization in China is warning about a new kind of mining-focused cryptocurrency offering. The so-called "initial miner offerings" are said to have caught on since regulators in China banned back in September of last year, according to a new statement from the National Internet Finance Association of...
Senior officials in Ukraine are forming a new working group on cryptocurrency regulation, the country's government announced on Thursday. During a meeting on cybersecurity and infrastructure matters, National Security and Defense Council chief Oleksandr Turchynov remarked that a lack of regulation around the tech constitutes a threat to Ukraine’s...
Pavel Matveev is the CEO of Wirex, a bitcoin wallet and payment card provider. The following article is an exclusive contribution to CoinDesk's 2017 in Review. The new year will usher in regulatory arbitrage amongst companies that want to develop innovative solutions, as well as from states seeking to maximize...