Salon Joins With AdLedger and IBM to Trial a Blockchain Approach to Ad Tech

A digital media pioneer, liberal news and commentary site Salon launched in November 1995 just as online news was starting to get its teeth. This was back when the internet was still ramping up. Publishers and advertisers had a simpler relationship then. Despite its wonders, the internet has made advertising models increasingly complicated. Where advertisers ...

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New York Attorney General Launches Inquiry Into Cryptocurrency Exchanges

As part of an effort to protect cryptocurrency investors and bring greater transparency into how cryptocurrency exchanges operate, New York Attorney General Eric Schneiderman has sent letters to 13 virtual currency exchanges requesting they disclose key information about their operations. “With cryptocurrency on the rise, consumers in New York and across the country have a right to transparency and accountability ...

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Marsh and IBM Collaborate to Put Proof of Insurance on the Blockchain

International insurance broker Marsh is working with IBM to develop a commercial blockchain solution that will allow businesses to certify that the contractor they are about to hire has the proper, up-to-date insurance coverage necessary to begin work. The solution will be built on Hyperledger Fabric, an open-source permissioned blockchain framework, using IBM Blockchain Platform, a cloud-based blockchain application development ...

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When the Taxman Comes Knocking, Will Americans Report Crypto Gains?

Cryptocurrency investors appear to be skirting their taxes. Whether keeping with crypto’s anti-establishment roots or for lack of ability, American cryptocurrency practitioners are testing the IRS’s tolerance for crypto tax evasion. Tax day in the United States is tomorrow, April 17, 2018, but according to the popular tax filing service Credit Karma, few cryptocurrency holders have reported earnings or losses ...

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What Is Ether?

Ether is the underlying token powering the Ethereum blockchain, but it serves a slightly different purpose than bitcoin does to the Bitcoin blockchain. Although ether is traded on public markets and has displayed price appreciation similar to bitcoin, they are quite different by design. Ether is not intended to be a unit of currency on a peer-to-peer payment network; rather, ...

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Coinbase Buys Earn.com, Gaining Top Talent in the Process

Cryptocurrency exchange Coinbase is buying Earn.com, a social network that allows users to earn digital currency by replying to emails and completing small tasks online. Coinbase CEO Brian Armstrong made the announcement in a blog post today, April 16, 2018. In addition to welcoming the entire Earn.com team, Coinbase has made Earn.com co-founder and CEO Balaji Srinivasan its first CTO. ...

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Promoted: Plutus Is Pursuing the “Holy Grail” of Payment Innovation

While many people see cryptocurrency as a speculative investment, many of the new asset class’ earliest adopters believe they could be much more promising for everyday currency use. Championing the motto “Spend Crypto, Anywhere,” the U.K.-based project, Plutus, is leading the charge in delivering a worldwide payments solution to make it easier for cryptocurrency users to spend money with merchants. ...

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Bitcoin Magazine’s Week in Review: Startups Are Making Progress

Golem has lumbered in from the wilderness now with its first beta release, the Brass Golem, bringing the notion of Airbnb for computers to life on Ethereum. Also in Ethereum news, Ether Capital seeks to be a steadying and calming force in the Ethereum technology and ICO space. Samsung has now confirmed that it is manufacturing ASIC chips for Halong ...

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FPT and Factom Announce Partnership to Expand Blockchain-as-a-Service

Austin-based blockchain-as-a-service company Factom is partnering with FPT Software, an IT services company stationed in Vietnam. The two enterprises will work with each other to develop a new blockchain technology platform through Factom Harmony — a system that creates audit records regarding data, decisions, activities and events. The purpose of the platform is to digitize and store files by utilizing ...

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Tim Draper Predicts Bitcoin Will Soar to $250,000 in Four Years

In another one of his famous bitcoin predictions that gets widespread news coverage, billionaire investor Tim Draper is now predicting that the price of bitcoin, which today traded at around $8,100, will rocket to $250,000 in four years. Draper, a founding partner in Draper Associates, made the prediction on April 12, 2018, at the Block (Chain) Party at Draper University ...

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