Hey, remember initial coin offerings, the almost totally unregulated form of investment vehicle in which investors trade real cash or assets in exchange for virtual “tokens” in cryptocurrency-backed startups? You know, that hot new crypto market that the Wolf of Wall Street, Jordan Belfort, warned everyone was rife with scams? Those very ICOs that the Securities and Exchange Commission told everyone to be very careful about because of the “greater opportunities for fraud and manipulation”? Continue reading Wow, Who Could Have Predicted 59 Percent of 2017’s ICOs Are Already Dead or Doomed
Tag Archives: BLOCKCHAIN
More Than Just Bitcoin: Blockchain Has Value Across Multiple Industries
“Blockchain” is undeniably one of the hottest words on the internet. As proof, turn to Google Trends to see its traction over time. Couple that with the articles being published almost daily about this technology, the LinkedIn groups discussing it, the commentators crawling out of the woodwork — including me!
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What Is Blockchain?
All of a sudden, blockchain is everywhere. The technology, which was invented in 2008 to power Bitcoin when it launched a year later, is being used for everything from copyright protection to sexual consent (yes, really).
How Craig Wright Privately ‘Proved’ He Created Bitcoin
WHEN RUMORS SURFACED early last month that Australian cryptographer Craig Wright would attempt to prove that he created Bitcoin, Gavin Andresen remained skeptical. As the chief scientist of the Bitcoin Foundation, his opinion counts: Andresen is among the earliest programmers for the cryptocurrency, and likely the one who has corresponded more than anyone with Satoshi Nakamoto, Bitcoin’s pseudonymous, long-lost inventor.
Continue reading How Craig Wright Privately ‘Proved’ He Created Bitcoin
