New Altcoin Promotes Fitness with ‘Proof of Sweat’

Mining bitcoins chews up a lot of computing power for no other purpose than to sustain the network. Wouldn’t it be useful to mine cryptocurrency in some other, more productive way? Now a team of Serbian developers has tried to crack the problem with a proof-of-concept altcoin that lets you mine coins simply by exercising. Mangocoinz was launched […]

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MakerDAO and More: The Quest for a Stable Stablecoin Continues

Update (09.20 UTC, Jan. 24): This article has been updated with a response from Tether representatives. Usually, no one bats an eye when a cryptocurrency’s price drops 30 percent over the course of a week. This is the Wild West, after all. But when it happened to DAI this month, heads turned, primarily because the token […]

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How Bitcoin’s Lightning Can Be Used for Private Messaging

Bitcoin’s lightning network might have a use case beyond faster and more scalable payments. Last week Lightning Labs developer Joost Jager revealed an experimental, new proof of concept: Whatsat, a version of lightning that can be used to send private messages. Like bitcoin, it’s censorship-resistant. But, unlike encrypted apps that morph messages into unreadable, garbled […]

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Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO

Canaan Creative, the Avalon bitcoin miner maker and one of the world’s largest mining equipment manufacturers, has just formally filed another attempt to go public – this time in the U.S. Canaan’s initial public offering prospectus filed with the U.S. Securities and Exchange Commission (SEC) on Oct. 28 indicates it intends to list on NASDAQ under […]

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From Banking Giants to Tech Darlings, China Reveals Over 500 Enterprise Blockchain Projects

The Takeaway: More than 500 blockchain projects have been registered with the Chinese government since March. The filings reveal some of the largest Chinese banks and tech companies working with the technology. Several government offices, including courts and tax bureaus, are testing blockchain platforms to execute administrative tasks, the filings show. Chinese president Xi Jinping […]

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HTC’s Latest Blockchain Phone Can Run a Full Bitcoin Node

Taiwanese electronics manufacturer HTC has launched its latest blockchain phone, the Exodus 1s, which enables users to support the bitcoin network. Unveiling the device Saturday at the Lightning Conference in Berlin, the company claimed the new product is the first smartphone to be able to run a full bitcoin node, allowing it to propagate transactions […]

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