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Founders Fund Unveils US$15-20 Million Investment in Bitcoin; Price Rises 13%

The price of Bitcoin rose 13% on Wednesday following reports that Founders Fund, the San Francisco-based venture capital firm co-founded by Peter Thiel, has been buying the cryptocurrency since 2012, totaling no more than US$20 million. Those bitcoin holdings are now worth several hundred million dollars, people familiar with the matter told the Wall Street… Continue reading Founders Fund Unveils US$15-20 Million Investment in Bitcoin; Price Rises 13%

Ethereum Creator Vitalik Buterin: Focus Less on Profit, More on Achievements

In late December, Ethereum creator Vitalik Buterin stated that if all the cryptocurrency community achieves is memes and immature puns, he will leave the sector for good. “If all that we accomplish is lambo memes and immature puns about ‘sharting’, then I WILL leave. Though I still have a lot of hope that the community… Continue reading Ethereum Creator Vitalik Buterin: Focus Less on Profit, More on Achievements

Greek Universities Join Pilot Project to Put Diplomas on a Blockchain

Blockchain research and development company IOHK is working with the national research and education network of Greece, GRNET, on a new pilot program that aims to put university qualifications on a blockchain platform. The open source pilot project involves three Greek universities: the Aristotle University of Thessaloniki, the biggest university in Greece, the Democritus University of… Continue reading Greek Universities Join Pilot Project to Put Diplomas on a Blockchain

Plasma Can Save Ethereum From CryptoKitty Level Congestion

Earlier this year, Ethereum co-founder Vitalik Buterin and Lightning co-author Joseph Poon announced Plasma, a second-layer scaling infrastructure for the Ethereum protocol. In a recent blog post, the development team behind Bankex, an Ethereum-based open-source digital asset exchange, noted that the implementation of Plasma could reduce the congestion of the Ethereum blockchain network which continues… Continue reading Plasma Can Save Ethereum From CryptoKitty Level Congestion