Category: News
A $50 Million Hack Just Showed That the DAO Was All Too Human
Sometime in the wee hours Friday, a thief made off with $50 million of virtual currency. The victims are investors in a strange fund called the DAO, or Decentralized Autonomous Organization, who […]
Ethereum Announces “Unlimited” Scalability Roadmap
Vitalik Buterin, founder of Ethereum, has laid out an incredibly ambitious roadmap with “unlimited” scalability within two years in a 43-page analysis of blockchain technology and its strength and weaknesses […]
Is a blockchain solution for ‘Brexit’ voting & transparency the answer?
Voting over the Blockchain presents various opportunities in security, governance and trusted campaigns. Now with news this week of counter fraud operations being undertaken in key UK neighbourhoods in areas […]
Core of banking could be destroyed by blockchain
New technology such as artificial intelligence and blockchain will utterly shake up the fundamental principles of banking, challenging the entire industry according to former Barclays chief Antony Jenkins. He believes the […]
Will Ethereum Beat Bitcoin to Mainstream Microtransactions?
Micropayments have long been one of the most hotly-anticipated use cases for bitcoin, but similar tech may be coming soon to Ethereum, the decentralized blockchain network that has recently rejuvenated outside […]
From Wall Street to Main Street
People walk past shops in Notting Hill, London. Traditionally small businesses wanting to launch retail or restaurants have been all but ignored by venture capital firms and investors, but DAO […]
Ethereum is the Forefront of Digital Currency
We have sat here for the last 3 years seeing only infrastructure apps like wallets and exchanges emerge on top of Bitcoin. Why is that? My theory has been that […]
All the cool kids are doing Ethereum now
In the beginning the Prophet Satoshi brought us Bitcoin. And the cryptogeeks and libertarians looked upon it, and said lo, we smile upon this, for it is good, and decentralized, […]
The DAO of accrue
It sounds like a cult, but it wants to be a venture-capital fund of sorts. As The Economist went to press, the DAO (short for decentralised autonomous organisation) had already raised the […]
A Venture Fund with plenty of virtual capital, but no capitalist
Olivier Stern, a 31-year-old French socialist with an appetite for risk, recently invested a third of his life savings — 10,000 euros, about $11,000 — in a cryptocurrency start-up that […]