Technology News

Bitcoin’s Proof-of-Work Algorithm Needs Replacing, Argues BIS Study

| Yogita Khatri

The proof-of-work algorithm used by bitcoin and some other cryptos is not viable in the long term, argues a Bank of International Settlements study.

Privacy Cryptocurrency Beam Experiences Blockchain Stoppage

| Yogita Khatri

Privacy-oriented cryptocurrency Beam said Monday morning that its blockchain had stopped. A fix has now been committed, it says [updated].

Japan’s SBI Invests $15 Million In Crypto Card Wallet Maker Tangem

| Yogita Khatri

Japanese financial services giant SBI Group has invested $15 million in slimline cold wallet provider Tangem.

Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network

| Yogita Khatri

A Digital Garage subsidiary has partnered with blockchain tech firm Blockstream to test atomic swaps of a Japanese yen-pegged stablecoin.

Proof-of-Stake Could Lead to Crypto Banking. Let’s Avoid That

| Michael J Casey

"Staking as a service" is taking off. We need to think hard about what this means for crypto's evolution, warns Michael J. Casey.

CoinDesk’s Crypto-Economic Data Is Now Accessible on GitHub

| Nolan Bauerle

CoinDesk will now use GitHub to help crowdsource potential methodology changes and data sources for our Crypto-Economics Explorer.

Why ‘Mainstream Adoption’ Is an Unfair Success Metric for Dapps

| Coleman Maher

We are way too early for “mainstream adoption” to be a sensible success metric for dapps, says Coleman Maher.

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How BlockEx Went from $24 Million ICO to Layoffs in Less Than a Year

| Brady Dale

BlockEx, a London-based platform for launching and exchanging tokens, was beset by a series of setbacks that led to downsizing.

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Ethereum Devs Propose Activating Constantinople Hard Fork in Late February

| Christine Kim

After a security vulnerability was found in ethereum's next system-wide upgrade just days prior to activation, core developers now hope to execute…

Chip Maker TSMC Reports ‘Big Drop’ in Crypto Mining Revenue

| Yogita Khatri

Chip-making giant TSMC has reported a significant drop in revenue for its crypto mining segment in 2018.