About author: Michael Scott

In a recent development in the U.S. that sent shockwaves through the world of personal finance, credit reporting agency Equifax announced that they had been breached, compromising the personal information of over 143 million Americans. The potential impact of this is profound as it amounts to over 40 percent of the U.S. population. In this attack hackers captured troves of…

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“Hey Michael, I’m waist deep in building a blockchain/AI startup. Our corporation was filed yesterday! This will be the umbrella for multiple verticals (healthcare and wellness, food safety, citizen safety/criminal justice, and more). All of this started with that five bucks of BTC you sent me in that coffee shop in Denver 🙂 Thanks for that. Let me know if…

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While 15, Erik Finman made a bold bet with his parents that if he turned 18 and was a millionaire, they wouldn’t push him to attend college. Shockingly, his parents, who met while pursuing their Ph.D.s at Stanford, said OK. Enter bitcoin where Finman made his first investment of $1,000 when the price was $12 thanks to a $1,000 gift…

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As previously reported by BTCManager, BitMixer, the most popular bitcoin mixing service announced their shutdown on July 21. Mixing is an anonymous tool for hiding the trail of cryptocurrency transactions by pooling them with multiple users. This practice is seen as controversial in some circles as it has been recognized by Europol and Interpol as an illegal tool which could…

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The explosive growth of Initial Coin Offerings (ICOs) have been one of the hottest news stories of 2017. These asset instruments allow organizations to raise investment capital through the sale of homegrown cryptocurrencies, that can be traded for cash or other forms of digital currency. The September 4 announcement, however, of an ICO ban in China caused a momentary global…

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New York-based technology company, Jibrel Network, recently announced that it has signed on with security auditing firm New Alchemy to conduct a full in-depth security audit and code review of its platform. The announcement comes just weeks after a potentially critical vulnerability left $200 million worth of Augur tokens at risk. This intrusion was on the heels of a $32…

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One of the realities I face as a full-time crypto/blockchain journalist is that my email inbox is continually overflowing with media press releases. To this point, I’ve noticed a growing trend over the past twelve months that has captured my attention: These releases typically contain at least one bold claim involving the word “FIRST.” Here are a few examples of…

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According to Vedomosti, the Russian-language business daily published in Moscow, major companies operating power plants in the country are leasing excess energy capacity to cryptocurrency miners. This move is being hailed as a boost for crypto miners who are seeing their electricity bills consume a significant proportion of their profits. At the center of this major development are two of…

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At any given time during his workday, Anari Sengbe’s mind is brimming with ideas. A self-described blockchain and online gaming junkie, Sengbe’s digital insights and product prototypes have been sought out and employed by major companies like Mercedes Benz, HP, Emirates Airlines and DirectTV. He has also won numerous hackathons for prizes like this one for Mercedes. His current project…

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On August 15, Blockstream, a leading provider of blockchain technologies, launched Blockstream Satellite, an innovative service that provides free access to the Bitcoin network. It will target an estimated four billion people currently not connected to the internet, due to lack of availability or affordability. Blockstream Satellite broadcasts real-time Bitcoin blockchain data from satellites in space, delivering availability across two…

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