Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization.” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted ...

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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low ...

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Stanford Student Calls Out Crypto Professor for Inaccurate Bitcoin Lecture

In January of 2019, student Conner Brown attended a guest lecture by a Professor Susan Athey at the University of Stanford Graduate School. She gave a presentation to his “Evolution of Finance” class titled “Blockchain and the Future of Finance.” According to Brown, the presentation contained “multiple misstatements” about Bitcoin and its fundamentals.After the presentation, Brown was dissatisfied with how ...

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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax

Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. The bill was proposed by Assemblymember Phil Ting on February 20, 2019.If put into law, it would affect the district’s many cannabis businesses, particularly all of those in ...

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Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners

When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition. But the company in question, specifically the ties it has to the unethical practices of one of its predecessors, suggests that the monolithic Coinbase may be joining the oligarchic ranks of its privacy-hostile, too-big-for-consumer-comfort counterparts ...

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Cryptopia Calculates That 9.4 Percent of Assets Stolen in January Hack

The New Zealand-based crypto asset exchange Cryptopia has made their assessment of a January hack, claiming that up to 9.4 percent of all their assets were stolen.In January 2019, the exchange went offline after publicly reporting a “major security breach,” which likely resulted in a theft of at least $3 million USD. Promising to involve several of the nation’s law ...

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Decentralized Payment Processor BTCPay Adds New Invoicing Options

Decentralized payment processing service BTCPay Server announced a new service available through their platform on February 22, 2019: a way to request payments by simply sharing a URL, thereby streamlining many of the model’s existing hangups.BTCPay Server has been in the space since late 2017, serving as a decentralized payment processor that allows peer-to-peer transactions without any fees or third-party ...

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Citing Executive Embezzlement, Korean Crypto Exchange Declares Bankruptcy

Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company.Business Korea reported on Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration. Coinbin’s CEO Park Chan-kyu claimed that the move was “due to a rise in debt following an ...

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This Crypto Art Auction Lets Venezuelans Dismantle Maduro Bolivar by Bolivar

To donate to causes aiding those in Venezuela, please visit #AirdropVenezuela’s website or Bitcoin Venezuela’s website. To partake in cryptograffiti’s charity auction, please visit the donation page and tune in to the live stream here.“Literally and figuratively, the Venezuelan people are bringing down Maduro.”This is how cryptograffiti described his latest work, a charity piece that he will be auctioning off ...

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