Crypto Exchange Coinbase Says It Made a Mistake Buying Italian Firm Linked to Notorious Hacking Team

Cryptocurrency exchange Coinbase has acknowledged it made a major mistake when it bought Italian blockchain analytics firm Neutrino, whose senior management staff included several members of infamous Italian firm Hacking Team—which has reportedly sold powerful hacking and surveillance tools to oppressive governments. Read More >>

You Don’t Have to Buy HTC’s Blockchain Phone with Cryptocurrency

If you missed it (and plenty of people did, because they've smartly set all emails labelled "blockchain" to forward directly to /dev/null), HTC has made a blockchain-based phone called Exodus 1. Read More >>

Someone Uploaded Child Pornography to a Blockchain Ledger, and It’s Almost Impossible to Delete

Someone added images of child sexual abuse to an immutable blockchain ledger, the BBC reported. The images were added to the Bitcoin Satoshi Vision (BSV) core ledger through the payment processing app Money Button. Read More >>

Report: Wall Street Is Getting Cold Feet on Bitcoin as Crash Continues

The crypto crash has continued, with about $700 billion (£552 billion) wiped off the market since its peak at around $800 billion (£631 billion) at the start of the year, and leaving a trail of destroyed startups behind it. Bitcoin at one point closed in on the $3,000 (£2,367) price mark, well below both its peak of nearly $20,000 (£15,779) in 2017 and a so-called “floor” of $6,000 (£4,734). And now major Wall Street firms once rumoured to be preparing entries to the cryptocurrency market—particularly bitcoin futures—appear to have gotten cold feet after a brutal beatdown in crypto prices this year, Bloomberg reported on Sunday. Read More >>

Facebook Is Reportedly Pursuing a Cryptocurrency for WhatsApp

Thanks to Facebook’s incessant flood of wrongdoing making headlines nearly daily, any of us would be forgiven for forgetting about its rumoured pivot to the blockchain. But the social media giant’s cryptocurrency is reportedly still on, even as it becomes increasingly clear that nothing is sacred online and the internet was maybe a mistake. Read More >>

Crypto-King Who Bought BitTorrent Sinking £78 Million Into Putting Video Games on the Blockchain

The price of cryptocurrencies may be steadily going down the tubes, but true believers are still hanging on to the blockchain dream. Justin Sun, the founder of Tron, is still all in. After buying BitTorrent for $150 million (£117.6 million) this summer, he now says that he’s investing $100 million (£78m) to build video games on the blockchain. Read More >>

quantum computers
Blockchain Is Especially at Risk for Quantum Attacks, Scientists Warn

Blockchain is meant to be secure – but a new paper from quantum computing scientists warns that quickly advancing quantum technology poses a vulnerability for the much-hyped blockchain. Read More >>

streaming video
British Startup to Launch ‘Crowdfunded Netflix’

A British startup is aiming to rival Netflix with a new streaming service that allows members to buy shares in upcoming shows before they get big. Read More >>

Brits Don’t Get Blockchain, and Lots of Us Don’t Trust it as a Result

Blockchain is the new hip and happening thing in the world these days, or that's the way things look from the state of my email inbox. It seems like everyone has been jumping on the bandwagon to incorporate blockchain into their existing business, or forming a new start-up that's all about the blocks of chains. The problem? More than half of British people don't actually understand what blockchain is, and that makes them inherently distrustful of it. Read More >>

Starbucks: Sorry, Your Bitcoin Is Still No Good Here

Starbucks wants to be crystal clear: Despite recent stories about their involvement in some sort of blockchain project, they are not going to be accepting bitcoin as a form of payment for coffee. Read More >>

‘Long Blockchain’ Maybe Not as Smart as It Thought

Remember “Long Blockchain,” or rather, the company formerly known as Long Island Iced Tea Corp. that saw its stock skyrocket after it changed its name to refer to the foundational technology behind the cryptocurrency boom and made a vague pivot to “globally scalable blockchain technology solutions”? Turns out that might not have been so smart! Read More >>

A Twitter Bot is Giving ’50 Shades of Grey’ a Blockchain Makeover

Blockchain is the latest hip thing across the world of business, with marketers and investors seemingly jumping at the chance to get involved with anything even remotely blockchain related. Some of those people might be getting a little too excited about blockchain, if you know what I mean, and they might want to start paying attention to a new Twitter bot adding relevant references to infamous literature-porn 50 Shades of Grey. Read More >>

Walsall MP Declares UK Government Needs a ‘Chief Blockchain Officer’

Eddie Hughes, Conservative MP for Walsall has called on our government to create the new position of 'Chief Blockchain Officer', and to embrace blockchain technology as a method of transforming the UK's data systems. Let's say that again. He wants a 'Chief Blockchain Officer', because everything should be blockchain these days. Read More >>

CryptoKitties, Which Is Like Beanie Babies on the Blockchain, Seems to Be Crashing

Axiom Zen’s CryptoKitties, which is essentially a digital version of Beanie Babies based on the Ethereum blockchain, sucked in a massive amount of funding just a few months ago. But it looks an awful lot like people bought into CryptoKitties looking for a quick return on their investment and are finding that digital cats don’t always go up in or even hold their price. Read More >>

Alarming Study Suggests Bitcoin Consumes an Astonishing Amount of Energy and It’s Only Getting Worse

It takes a lot of electricity to mine bitcoins, and as more miners try to cash in on the crypto craze, the amount of energy required to win new coins increases accordingly. New research suggests the entire bitcoin network could consume as much as 7.7 gigawatts of electricity by the end of this year—enough to power a country the size of Austria. But the new analysis is not without its critics, who say there are many other factors to consider. Read More >>