As the intrigue of blockchains settles to a quiet simmer, it’s time to ask: How far has the technology advanced? Hundreds of new coin species have been minted. Billions of dollars have been raised. And tales have been spun of an encroaching technological revolution. Continue reading What’s in a Blockchain? With New Tools, Anyone Can Find Out
A report from Chainalysis, a blockchain analytics firm based in the U.S. and Denmark, has revealed that just two groups have stolen more than $1 billion worth of crypto in the past several years. Continue reading $1 Billion in Crypto Stolen by Just 2 Groups: How Do They Cash Out?
In December 2017, Venezuelan President Nicolas Maduro announced that the South American nation’s government was going to launch an oil-backed cryptocurrency called the Petro. Since then, the cryptocurrency’ actual existence has been questionable, but CCN recently got our hands on some tokens. Continue reading Turns out Venezuela’s Oil-Backed Petro Cryptocurrency is Real after All
Consulting giant McKinsey & Co recently published a report on the state of the blockchain industry, claiming that while crypto technology has potential, it has been unable to break away from the early “pioneer” phase with most use cases failing to take off. Continue reading Crypto Firms Speak out Against Critical McKinsey Report
2018 left some very clear signs about the way the businesses (crypto or otherwise) raise funds. ICOs have all but died out, disguised as token sales launched from lightly-regulated tropical islands. The great move to allow investors of all backgrounds and creeds to be in with a chance of funding early innovation has been curtailed. And now, upon analyzing data from CB Insights, it looks like IPOs are on their way out as well. Continue reading Not Just ICOs — Why Traditional IPOs are Also on the Way Out