Cryptocurrency News

Max Fiege is a cybersecurity consultant based out of San Francisco whose previous work for the Block focused on Proof-of-Work energy consumption. Follow him on Twitter @fiege_max  A boom of “picks and shovels” companies catering to Proof-of-Stake cryptocurrencies has emerged as a leading market…

The Shenzhen Fintech Research Institute established by the People’s Bank of China is looking to fill a few blockchain-related positions, Cointelegraph writes. The company is looking to fill almost 30 positions, three of them blockchain-related: a blockchain R&D engineer, a blockchain architect…

The Ethereum Foundation (EF) has released a broad update, detailing its role in the ecosystem and its specific plans for resource allocation over the next 12 months. The update begins by noting that the Foundation currently holds approximately 0.6% of ETH in circulation, valued at approximately…

Dfinity, a Swiss-based firm valued at over $2 billion and building the world's first Internet Computer, is "on track" to fully launch in late Q2 (June), a company spokesperson has told The Block.   A "cut down" version of the internet computer was originally pencilled for the end of Q1 2019, but…

.transcript {} .transcript .speaker {font-weight: bold;} The following transcript is taken from episode five of The Scoop, The Block's new podcast. Listen below and subscribe to The Scoop on Apple, Spotify, Google Play, Stitcher, or wherever you listen to podcasts. Email feedback to…

The Ethereum Foundation issued a blog post today outlining how an estimated $30 million would be spent to further develop the ethereum ecosystem. $19 Million: Ethereum Foundation to Fund Work on 2.0 Upgrade, Plasma and More written by Christine Kim @…

Circle is laying off roughly 30 people, CoinDesk has learned. Crypto Startup Circle Lays Off 30 Employees Citing Market, Regulatory Conditions written by Zack Seward @ https://www.coindesk.com/crypto-startup-circle-lays-off-30-citing-market-regulatory-conditions May 21, 2019 Zack Seward

Improved relations between the Ethereum Foundation and ConsenSys point to a governance shift that could have major implications for the network's goals. At Blockchain Week, Maturity Is the Motto as Ethereum Organizations Push Toward 2.0 Upgrade written by Leigh Cuen @…

Bitfinex and Tether asked a judge to dismiss the New York Attorney General's case against the firms, claiming they have no customers in the state. Bitfinex Argues Why Judge Should Dismiss NYAG Case in Latest Court Filings written by Marc Hochstein @…

There are certain mainstream media outlets which are well known for their generally anti-Bitcoin stance in published ‘news’ stories. But at least they usually try to back up their position with something vaguely resembling an argument. No such qualms for The New York Post in its latest…

Ethereum price is consolidating lock step with Bitcoin price but the current hourly chart suggests the top altcoin could be staging another attempt at $260. Ethereum Market Overview After rallying more than 100 percent since April, Bitcoin price has taken a slight breather and Ethereum (ETH)…

Count this as the latest revelation to emerge in Bitfinex's battle with the New York Attorney General's office.  Tether, a stablecoin that has overlapping management and ownership with Bitfinex, admitted the company has historically used some of its reserves to make investments in bitcoin and…