Blockstack’s Reg A+ Filing and the Future of Token Offerings​
Zachary Fallon, a former SEC staffer and author of the Reg A JOBS Act crowdfunding rules and a principal at Blakemore Fallon, discusses Blockstack’s filing for a token offering under Reg A+, what that means for the security status of the tokens and what types of investors the company can raise from. We also talk about several of the particulars of the Blockstack filing, such as …
Introducing Bolt Labs, Inc
Blockchain-based cryptocurrencies like Bitcoin have privacy, scalability and latency problems that limit their use as a medium of exchange. Payment channel protocols such as the Lightning Network address these scalability and latency issues by using the blockchain to escrow funds and resolve disputes while moving the bulk of transactions “off-chain.”The growth of the Lightning …
When Lightning STARKs
Scaling Payments with STARKsTL;DR: StarkPay, a payment scalability engine based on STARK technology, addresses many of the drawbacks of Lightning, the Layer-2 payment solution.Photo by Cade Roberts on UnsplashStarkWare’s first application of STARK technology is Layer-2 scalability engines. We’ve recently announced StarkDEX, a scalability engine for DEXes (with some exciting …
Three Minutes With Adam Zarazinski, Co-Founder Of Inca Digital Securities
"People fixate on market cap when they try to analyze crypto projects but that is misleading.  It's like judging the quality of Justin Bieber's music based on the number of Twitter followers he has," said Adam Zarazinski, Co-Founder and CEO of Inca Digital Securities. "If you want to figure out value and volatility, traditional factors largely don't apply to crypto." Inca …
Algorithmic Trading in Crypto
We explore the design and implementation of trading algorithms in the crypto space. In particular, we focus on execution algos, market making algos, and several market microstructure considerations. We also investigate where practice diverges from theory, especially in handling the idiosyncrasies of the crypto markets.Execution AlgosThe objective of an execution algo is to …
Introducing P4: Private Periodic Payment Protocol
Least Authority has recently designed a protocol called the Private Periodic Payment Protocol, or P4, which aims to define the way in which subscription services can be funded using end-to-end private cryptocurrency payments. P4 incorporates the use of Zcash shielded transactions for private payments and leverages the Tor anonymity network’s onion services to radically …
Digital exchange loses $137 million as founder takes passwords to the grave
Enlarge (credit: Jakub T. Jankiewicz / Flickr) A cryptocurrency exchange in Canada has lost control of at least $137 million of its customers’ assets following the sudden death of its founder, who was the only person known to have access the the offline wallet that stored the digital coins. British Columbia-based QuadrigaCX is unable to access most or all of another $53 …
Despite Bitcoin’s Dive, a Former Soviet Republic Is Still Betting Big on It
Tax breaks, land deals and cheap energy have spurred cryptocurrency mining in Georgia, which wants to be a digital data leader.
Bitmain Bets on Computing Power-Sharing Platform BitDeer to Save Itself
From a failed IPO attempt to massive layoffs and shutting down many mining operations, China-based cryptocurrency mining giant Bitmain experienced difficult times during the second half of 2018 which witnessed the crypto market downturn. The Beijing-headquartered company now seems to bet on a new initiative— a computing power-sharing platform—to shore up its struggling mining …
New Attack Against Electrum Bitcoin Wallets
This is clever: How the attack works: Attacker added tens of malicious servers to the Electrum wallet network. Users of legitimate Electrum wallets initiate a Bitcoin transaction. If the transaction reaches one of the malicious servers, these servers reply with an error message that urges users to download a wallet app update from a malicious website (GitHub repo).User …
Overcoming ShapeShift’s Crypto Winter and the Path Ahead
A note from Erik Voorhees, Founder & CEOOriginally published over on the ShapeShift blog.The latest crypto winter is upon us, and today ShapeShift felt the bitter frost.Today, we let 37 employees go, reducing the size of our team by a third. It’s a deep and painful reduction, mirrored across many crypto companies in this latest bear market cycle.Crypto, like the moon we …
Cryptocurrency Wallet Hacks Spark Dustup
Cryptocurrency wallets Trezor and Ledger are vulnerable to a number of different type attacks, researchers say.
Almost $500,000 in Ethereum Classic coin stolen by forking its blockchain
Enlarge (credit: ethereumclassic.org) Attackers have stolen almost $500,000 worth of the Ethereum Classic digital currency by carrying out a compute-intensive hack that rewrote its blockchain, officials with Coinbase, one of the leading crypto currency exchanges, said on Monday. The heist was the result of carrying out what's known as a rollback attack, which allowed the …
As Bitcoin sinks, industry startups are forced to cut back
Around this time last year, the price of Bitcoin hit an all-time high of nearly $20,000. Cryptocurrency enthusiasts everywhere boasted about the wealth 2018 would bring, initial coin offerings exploded and startups continued to pull in record amounts of venture capital. Fast-forward one year: Bitcoin is down 75 percent to a meager $3,700, sinking as quickly as its meteoric …
Machine learning identifies cryptocurrency scams before they happen
Pump-and-dump schemes have become increasingly common in cryptocurrency markets. Now security researchers have learned how to spot them in advance.
Announcing Interstellar
Lightyear has acquired Chain and is now called InterstellarFOR IMMEDIATE RELEASEChain Merges with Lightyear, Goes All-In on StellarCombined company, to be called Interstellar, will help organizations build on the Stellar Network; Stellar Development Foundation to remain independentSAN FRANCISCO, September 10, 2018 — Chain, Inc. (“Chain”) today announced it has been acquired by …
A glimpse into the dark underbelly of cryptocurrency markets
In this post I’ll investigate the key drivers of the unrelenting cryptocurrency/cryptoasset markets, and explain why they aren’t likely to go away soon. In particular, I will focus on the incentives which cause rankings sites to uncritically include junk exchange volume in their data.The major stakeholders in this market are exchanges (naturally), altcoin/cryptocurrency/fork …
eCash Founder David Chaum Makes Bold Promises with Elixxir Blockchain
Over 30 years after creating eCash, a predecessor of bitcoin and other cryptocurrencies which spawned the Cypherpunk movement of the 1980s, Dr. David Chaum is back in the public eye with a claim of having invented “the world’s fastest cryptocurrency.”Chaum is widely regarded as the forefather of cryptocurrencies and the wider world of cryptographic security and online privacy …