Op Ed: Cryptocurrencies, ICOs and the Untapped "Family Office" Group

With cryptocurrency investing becoming increasingly mainstream, it’s important to understand the types of potential investors waiting on the sidelines. One largely untapped investment group would be a “family office” (FO), which is a private wealth manager of investments and trusts for ultra-high net worth individuals (UHNWIs). In 2015, UHNWIs included almost 173,000 individuals whose wealth accounted for $20.8 trillion. FOs ...

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Ethereum Classic Forges Its Own Identity With New Mantis Client

A group of Ethereum Classic developers wants Ethereum Classic to be known as more than a “cut-and-paste” version of the Ethereum blockchain. So they spent seven months building Mantis, a unique Ethereum Classic client, from scratch. And it is not hard to understand their motivation. Since Ethereum Classic split away from Ethereum as a result of the DAO hard fork ...

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Who Created Ethereum?

While working on a number of Bitcoin projects, a 19-year-old programmer from Toronto, Vitalik Buterin, conceived the idea for Ethereum. Ethereum was intended to be a robust platform that allows developers to build blockchain applications. Buterin was inspired by some of the shortcomings he faced when trying to build applications on the Bitcoin blockchain. He believed that the potential of ...

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What Is an ICO?

An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company. ICOs are a relatively new phenomenon but have quickly become a dominant topic ...

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Bitcoin and Taxes

Tax season can be confusing enough with complicated rules about what types of income are taxable and which are not; what can be written off and what can’t; and which assets need to be listed and which do not. Add to that the confusion around digital currency and its status in the eyes of governments, and there are bound to ...

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Ether Price Analysis: All Signs Point Onward and Upward

In case you hadn’t noticed, ETH-USD markets have been on a very strong bull run for the past week. In a matter of five days, ETH-USD managed to increase by $100 — nearly a 50 percent market value increase — with very little pullback or consolidation. After ETH-USD’s multi-week-long bear run from $420 to the $130s, ETH spent over a ...

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NEO Completes Rebranding; Announces Blockchain Partnerships

On June 22, Bitcoin Magazine reported that Antshares was embarking on a new rebranding strategy as part of its effort to lead blockchain development in China and around the world. Now, on August 8, NEO Blockchain, China’s first original public chain project, has announced the completion of rebranding efforts from its former Antshares identity. Furthermore, NEO has upgraded its blockchain ...

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The Point of No Return: Segregated Witness Will Lock In on Bitcoin

Segregated Witness (SegWit), the highly anticipated protocol upgrade proposed by the Bitcoin Core development team, just reached the point of no return for lock in. This means that SegWit will be live on the Bitcoin network in a little more than two weeks from now. “It’s been a long and hard process, but we’ve learned tremendously along the way. I ...

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How the Blockchain Could Become an Image Dataset Repository for AR/VR

Lampix, an augmented reality (AR) startup, is building the world’s first blockchain-based “image mining” network. The company has embarked on the ambitious mission of developing one of the largest image databases. The database, which will be available for all to use, intends to be the backbone of AR and machine-learning training. It seeks to suppress startups and developers’ dependency on ...

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