Tag Archives: blockchain

Bloom Off The Bitcoin Tulip

Bitcoin is so yesterday. According to the Wall Street Journal, the bloom is off the Bitcoin tulip as: prices have dropped from nearly $20,000 to $7,000, internet searches for the word have dropped 80%, “average daily trading volume this month … Continue reading

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Nasdaq To Delist Long Blockchain

Remember the iced tea company that changed its name to include “blockchain” and had its stock soar 183%? Well, Long Blockchain, formerly Long Island Iced Tea Corp. is now being delisted from Nasdaq because its stock’s market cap is below … Continue reading

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81% of ICO’s May Be Scams

A recent study by the crypto-currency consulting firm Satis Group of initial coin offerings greater than $50 million has classified them as either a “scam,” “failed-pre-trading,” “gone dead-pre-trading,” “dwindling-trading,” “promising-trading,” or “successful-trading.” Their conclusion was “On the basis of the … Continue reading

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Is The Verge Crowdfunded ICO A Scam?

Doubts are creeping into the successful Initial Coin Offering crowdfunding campaign by Verge. Verge initiated the ICO by disclosing that it was about to enter into a partnership with a “mysterious partner” that “owns a ‚Äúvast network of super high … Continue reading

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Crypto-Currency Exchange May Be Bailed Out

Crypto-currency exchange Coincheck, that lost almost $500 Million (or 523 million NMX tokens) in a recent hack, may be rescued by Japanese internet broker Monex Group. Coincheck paid out about $435 Million to about 260,000 customers to partially reimburse them. … Continue reading

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White House Bans Petro Coins

Yesterday upon the issuance of the Petro Coin by the Maduro government in Venezuela, the President of the United States signed an executive banning them. “All transactions related to, provision of financing for, and other dealings in, by a United … Continue reading

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Have FAYTHE In Crypto-Currency

We’re moving into a period of “computational philosophy,” as illustrated by the FAYTHE movement. Faythe is “based on a God Protocol (http://nakamotoinstitute.org/the-god-protocols/) with human trusted third parties where those parties provide insight or knowledge that cannot be provided by a … Continue reading

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