Technology

When hundreds of entrepreneurs, investors and technologists descended on Tel Aviv Blockchain Week (TLVBW), few could have expected a better backdrop for exploring the lofty ideals and greedy impulses that drive today’s cryptocurrency industry. Duality is something Israelis know well. More than 430 people attended the D&DD Summit on Sept. 10, several dozen came to
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Payments startup Breez has unveiled a new feature allowing lightning-based bitcoin purchases directly from its mobile app. The feature, made possible thanks to a partnership with fiat-to-crypto broker MoonPay, is available to users in 35 countries. According to the company, it simplifies the currently long-winded procedure for lightning payments. A “Layer 2” payment protocol that
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Samsung has integrated bitcoin (BTC) functionality on its blockchain-enabled smartphones. The move comes months after the flagship Galaxy S10 range was launched in March with a “Blockchain Keystore” offering cryptocurrency storage and transactions for ether (ETH) and related ERC-20 tokens, but which notably excluded the number one cryptocurrency by market cap. The South Korean tech giant has
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Blockstream has launched a colocation mining service and already counts the Fidelity Center for Applied Technology and LinkedIn founder Reid Hoffman as customers. On Thursday, the bitcoin and blockchain technology firm announced a new mining wing, Blockstream Mining, along with a BetterHash-based mining pool, Blockstream Pool. Led by cryptographer Dr. Adam Back, Blockstream is best known
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On June 19, Chaincode developer John Newbery gathered a group of developers to examine a proposed change to bitcoin’s code. Taking place via Internet Relay Chat (IRC), the topic was whether the change, which would help prevent a group of rogue miners from inflating bitcoin’s money supply, is a positive one with limited security risks or adverse impacts.
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Cubans are quietly exploring cryptocurrency use-cases on the politically isolated island, even watching Facebook’s Libra project with cautious optimism. Cuban expat Claudia Rodriguez of the Brazilian startup Fusyona, the sole bitcoin exchange proactively serving Cubans, told CoinDesk the exchange has nearly 700 accounts since launching in 2018. She said up to 60 users purchase a
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Tyler and Cameron Winklevoss, co-founders of the New York-based crypto exchange Gemini, may soon join the Libra Association, the consortium governing Facebook’s proposed cryptocurrency. “We’re definitely looking at it in earnest and we’re excited about the project,” Cameron told CoinDesk Tuesday. Tyler added that in their view, Libra is a harbinger of cryptos to come:
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San Francisco-based Lightning Labs, focused on a layered scaling solution for bitcoin, released its first mobile app on Wednesday. According to Lightning Labs application developer Tankred Hase, roughly 2,000 users downloaded the app across both iOS and Android. Both his inbox and the inbox of his colleague, developer Valentine Wallace, were flooded with support requests.
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So-called lightning network “watchtowers” — a much-anticipated next step for securing the network — are coming soon. Watchtowers have long been considered a missing piece of bitcoin’s lightning layer, as they’re crucial for squashing fraud on the experimental, off-chain network that could make bitcoin payments faster and more scalable. With version 0.7 of the LND software
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The company behind Slush Pool, the first cryptocurrency mining pool to make its services publicly available, is rebranding. The Prague-based company Braiins is perhaps less well-known than Slush Pool, one of the largest bitcoin mining pools as it makes up more than 9 percent of the cryptocurrency’s hashrate today. Yet Braiins has been operating it
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