Decentralized protocols, finance philosophy, and investing.
The art market wasn’t ready for revolution. A rare, first-edition copy of the U.S. Constitution sold for $43.2 million at Sotheby’s Thursday, but it appears the winner is a private collector rather than an online group of cryptocurrency investors. From a report: The group, called ConstitutionDAO, caused a stir in Read more…
Chinese authorities are ramping up a crackdown on crypto mining, calling it an “extremely harmful” practice that threatens to jeopardize the country’s efforts to reduce carbon emissions. From a report: The National Development and Reform Commission spokesperson Meng Wei blasted bitcoin mining during a press conference Tuesday in Beijing. She Read more…
“If current progress continues, quantum computers will be able to crack public key cryptography,” writes CNET, “potentially creating a serious threat to the crypto world, where some currencies are valued at hundreds of billions of dollars.” If encryption is broken, attackers can impersonate the legitimate owners of cryptocurrency, NFTs or Read more…
The following sentence may sound like the logline for an as-yet unmade National Treasure 3, but it’s very much real: A large group of crypto maximalists is banding together in an effort to obtain the actual U.S. Constitution. From a report: Unlike the antagonists in the previous Nicolas Cage movies, Read more…
The world’s fastest-growing major financial exchange has no head office or formal address, lacks licenses in countries where it operates and has a chief executive who until recently wouldn’t answer questions about his location. From a report: Started just four years ago, Binance is the exchange giant that towers over Read more…
While Apple might not offer users a way to pay with cryptocurrency anytime soon, its leader has invested in it personally. From a report: Tim Cook, Apple’s chief executive, said at the DealBook Online Summit on Tuesday that he has bought cryptocurrencies. “I think it’s reasonable to own it as Read more…
An anonymous reader quotes a report from The Register: US-based Nvidia partner EVGA has reported that a shipment of GPUs it was sending to a distribution centre has been stolen from a truck. A forum post by EVGA product manager Jacob Freeman states “PLEASE TAKE NOTICE that on October 29, Read more…