Bitcoin Expert

Bill Gates: I Don’t Think Bitcoin’s Anonymity is a Good Thing Gates also points to bitcoin and other cryptocurrencies’ use in the global fentanyl trade, which has contributed to an epidemic of overdoses in the United States and elsewhere. Last year, the Department of Justice mentioned multiple fentanyl-related … Self-proclaimed bitcoin creator sued for allegedly stealing $5 billion worth of crypto, other assets A man who has claimed to be the creator of bitcoin is being sued over an alleged scheme to steal $5 billion worth of cryptocurrency and other assets from a former business partner. Australian entrepreneur Craig Wright in 2016 said he was Satoshi … http://ift.tt/2BXh9Fl

Most Current Projects Will Disappear in 5 Years, Says ‘Godfather of Ethereum’ ‘Godfather of Ethereum’ and founder of æternity,  Yanislav Malahov,  tells Bitcoinist why his startup chose to set up shop in the tiny country of Liechtenstein, which countries blockchain companies must stay away from, and why he believes most current cryptocurrency projects will fail in the next 5 years.  Yanislav Malahov: Liechtenstein Regulators ‘Very Open’ to Blockchain The sixth smallest country in the world, Liechtenstein, has become one of the most appealing destinations in the world for startups in the cryptocurrency space. Following a chance meeting at a tax conference, Malahov spoke at length with the Principality’s Prince Michael about the region’s regulatory frameworks and openness toward technological innovation, a conversation that spurred the establishment of his latest project, æternity, in the country and the founding of the ‘House of Blockchain’ that includes everything fro...

Louisiana Attorney General Fires Employees Over Cryptocurrency Mining Jeff Landry, Louisiana’s Attorney General, has opened a criminal investigation into the IT department of his own office. According to law enforcement officials, the investigation comes amid allegations of former staffers using state resources to mine Bitcoin. Landry’s office didn’t acknowledge the overhaul within its IT division for months, a move that resulted in the former director and a half-dozen employees being let go. No charges have been filed as of yet, but Landry confirmed that the investigation is still ongoing. According to The Advocate , the Louisiana Bureau of Investigation questioned staffers after authorities allegedly uncovered hardware they believed could be used to mine Bitcoin in September of last year, a process that draws an enormous amount of power and sophisticated computers. It has not been revealed what equipment raised a flag to authorities, but law enforcement officials were con...

Blockchain-powered Ad Exchange AdEx Launches Beta Release On February 26, 2018, right in line with the milestones laid out in their roadmap, AdEx launched the beta release of its blockchain-based advertising platform. Improvements in the release include an accessible UI for publishers to list their ad inventory on the platform and advertisers to bid for the listed ad slots and submit their ads. The platform’s core is an Ethereum-based advertising marketplace that has already been tested out in the real sector. In late 2017, AdEx formed a partnership with global travel media provider Ink and conducted world’s first blockchain-driven ad auction, selling 1 million advertising spaces on airline boarding passes. The project has chosen simplicity and accessibility over the extraneous bells and whistles offered by other projects attempting to break into blockchain-driven advertising. The AdEx team has developed its second generation of smart contracts, allowing bids to be stored as off-ch...

How Budbo Plans to Legitimize and Revolutionize the Cannabis Industry Blockchain technology is already showing its massive potential to reinvent any number of global industries — the cannabis industry not excluded. Budbo, an Ethereum powered blockchain application, is set to revolutionize the cannabis industry by not only making business easier, safer and more efficient, but also by legitimizing the industry as a whole. Legitimizing the Cannabis Industry Harnessing the power of the blockchain, Budbo looks to add a significant layer of security and transparency to the cannabis industry — two crucial components that have hindered the cannabis industry from becoming a legitimate medicinal enterprise in the eyes of the general public. Budbo’s application, utilizing the agility of the industry-leading Ethereum blockchain, will deliver working modular code and provide a sandbox environment — minimizing development time, infrastructure and investment. Budbo’s blockchain application also op...

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Hacker Returns $17m Worth of Stolen Ethereum In a shocking turn of events, an anonymous hacker has once again returned stolen ETH tokens to CoinDash – a tool aiming to help users manage, track, analyze, and “get a bird’s eye view” of their crypto assets. In July 2017, CoinDash lost millions of dollars worth of Ethereum almost immediately upon launching its initial coin offering (ICO). After the devastating loss, CoinDash promised to compensate investors with the equivalent amount of CoinDash tokens, while stating : This was a damaging event to both our contributors and our company but it is surely not the end of our project. Shockingly, one alleged hacker apparently had a change of heart and returned 10,000 ETH to CoinDash in September 2017 – but this would not be the last of the unexpected returns. On February 23 – only days before the company’s official product launch – CoinDash revealed another 20,000 ETH has miraculously been returned to the company, stating in an offici...