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The White House Is Going to Put Government Statistics on the Blockchain (Yeah, We Don’t Know Why Either)

gizmodo.com Matt Novak 2025-10-26 23:20:38

Remember back in 2017 when Bitcoin’s price soared and companies started promising to add everything to the blockchain? It was an embarrassing era, since blockchain technology has very few practical purposes that can’t be solved by a regular, old-school database. But it sounds like the White House just got the memo and wants to usher in the world of 2017 again. President Donald Trump held a televised “cabinet meeting ” at the White House on Tuesday that clocked in at over 3 hours and 15 minutes.

Topics: blockchain just lutnick statistics trump

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Ether notches first new record since 2021 after Powell speech teasing rate cuts

cnbc.com Tanaya Macheel 2025-10-31 07:02:35

The second-largest cryptocurrency surged 15% late Friday, rising as high as $4,885.00 and surpassing its November 2021 record of $4,866.01. The price of ether smashed through its 2021 record on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode. The moves came during Powell's annual address from Jackson Hole, Wyoming. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjust

Topics: blockchain crypto ether friday powell

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Another Crypto IPO Hits the Market and Most People Still Have No Idea What Crypto Is

gizmodo.com Riley Gutiérrez Mcdermid 2025-11-10 22:50:36

Blockchain-based lender Figure Technology Solutions has officially filed for an initial public offering, marking another move by crypto-related firms seeking a slice of the trillion-dollar machine of public markets. Both crypto bros and the banks that love them are already celebrating the move to go public, which they say marks a significant milestone in the evolving intersection of cryptocurrencies, blockchain technology, and mainstream finance. Analysts posit that this signals a broader shif

Topics: blockchain company crypto figure public

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Over $300 million in cybercrime crypto seized in anti-fraud effort

bleepingcomputer.com Unknown 2025-11-16 11:15:34

More than $300 million worth of cryptocurrency linked to cybercrime and fraud schemes has been frozen due to two separate initiatives involving law enforcement and private companies. One initiative is the T3+ Global Collaborator Program launched by the T3 Financial Crime Unit (T3 FCU), a joint effort deployed almost a year ago by intelligence firm TRM Labs, TRON, and Tether, with Binance joining as the first official member - all major forces in the blockchain space. According to intelligence

Topics: blockchain chainalysis fraud million t3

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Tornado Cash sold crypto “privacy”; the US saw “money laundering.”

arstechnica.com Unknown 2025-12-01 16:29:20

"Crypto mixers" exist because of a peculiar feature of cryptocurrencies—most are fully traceable using their public blockchain ledgers. To provide more privacy to crypto account owners, a mixer will let people toss their crypto into a large pool, where it is "mixed" with other people's crypto. At a later date, each crypto owner can choose to withdraw their money from the pool into a new, anonymous wallet, thus making the movement of the crypto harder to track. Of course, the obfuscation doesn't

Topics: account blockchain crypto people tornado

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Tornado Cash sold crypto “privacy”; the US saw “money laundering.” A jury isn’t sure what to think.

arstechnica.com Unknown 2025-12-01 22:29:20

"Crypto mixers" exist because of a peculiar feature of cryptocurrencies—most are fully traceable using their public blockchain ledgers. To provide more privacy to crypto account owners, a mixer will let people toss their crypto into a large pool, where it is "mixed" with other people's crypto. At a later date, each crypto owner can choose to withdraw their money from the pool into a new, anonymous wallet, thus making the movement of the crypto harder to track. Of course, the obfuscation doesn't

Topics: account blockchain crypto people tornado

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Fintech dystopia

news.ycombinator.com Unknown 2025-12-21 08:57:44

"Just like beauty, efficiency, competition, and security are all in the eye of the beholder. For example, one person’s “efficiency” may be another person’s “dismantling critical government infrastructure.” And yet technological solutions designed to make things more efficient, more competitive, or more secure are often presented by Silicon Valley as neutral and universally desirable. That veneer of neutrality and universality can be dangerous if it disguises the fact that Silicon Valley is solvi

Topics: blockchain efficiency example person technological

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A Company Tried to Put Real Estate on the Blockchain and Now It's Facing a Legal Disaster

futurism.com Unknown 2026-01-20 02:00:45

Detroit is a city that's used to fighting. Once the third most populous city in the country, its citizens have long struggled against robber barons, anti-communist witch hunts, private sector looting, and racist housing laws. It hasn't had it easy, to say the least. Now, Outlier reports, the city is doing battle against a $93 million crypto real estate scheme. The city recently announced a massive lawsuit filed against RealToken, a cryptocurrency business that's snapping up hundreds of subsidi

Topics: blockchain city detroit property realtoken

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The day someone created 184 billion Bitcoin (2020)

news.ycombinator.com Decrypt 2026-01-22 09:51:51

In brief In August 2010, someone exploited a flaw in Bitcoin’s code to create 184 billion Bitcoin. The bug was quickly corrected by Bitcoin’s anonymous creator, Satoshi Nakamoto. The person behind the "value overflow incident" exploit remains unknown. Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE There will only ever be 21 million Bitcoin. We’re not too far off—around 18 and a half million Bitcoin are already in circulation. But on the 15th of August, 2010, that limit was des

Topics: 184 billion bitcoin blockchain bug

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The SEC Is Crashing the Digital Stocks Party

gizmodo.com Luc Olinga 2026-01-24 21:20:28

For years, the promise of blockchain technology has captivated the financial world, hinting at a future where traditional assets are transformed into nimble, digital “tokens.” This vision, as the U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce puts it, is “enchanting, but not magical.” She just sent a clear message to anyone hoping blockchain would free them from financial regulation: not so fast. Commissioner Peirce acknowledged the promise of tokenization, the process

Topics: assets blockchain peirce real tokenized

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Exploring the Complexity of Distributed Consensus Algorithms in Blockchain

computer.org Laurel Tweed 2026-01-27 10:00:45

Consensus in blockchain isn’t just a technical problem—it’s an intellectual minefield. You’ve got decentralized nodes spread across the globe, each operating under different assumptions, with varying latencies, incentives, and potential motivations, and yet they’re all expected to come to the same conclusion about the state of a distributed ledger. No central authority, no fallback mechanisms, no easy resets. Just code, cryptography, and coordination dancing on the edge of chaos. It’s beautiful

Topics: blockchain consensus finality like network

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Robinhood Wants to Redo Wall Street on the Blockchain

gizmodo.com Luc Olinga 2026-02-02 12:27:24

Robinhood, the company behind one of the most popular trading apps for everyday investors, just revealed a sweeping new vision for the future of finance. And its bold plan seems to leave traditional Wall Street institutions behind. The company announced a daring set of new products this week from Cannes, France. These offerings are designed to move traditional financial assets, like company stocks, investment funds (ETFs), and even complex trading tools called derivatives, entirely onto the blo

Topics: assets blockchain crypto digital robinhood

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Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

cnbc.com Mackenzie Sigalos Jordan Smith 2026-02-15 22:00:01

In this article PYPL SHOP COIN CRCL V MA JPM Follow your favorite stocks CREATE FREE ACCOUNT A $44 billion IPO. A Senate bill with bipartisan momentum. And now, a wave of Fortune 500 firms launching crypto tokens of their own. Stablecoins — once a niche corner of the cryptocurrency world — are entering the corporate and policy mainstream, potentially reshaping how money moves in the United States and around the world. "Many of the users out there today are not aware of stablecoins, or not

Topics: blockchain crypto payment stablecoins token

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US recovers $225 million of crypto stolen in investment scams

bleepingcomputer.com Unknown 2026-03-06 11:33:01

The U.S. Department of Justice has seized more than $225 million in cryptocurrency linked to investment fraud and money laundering operations, the largest crypto seizure in the history of the U.S. Secret Service. The state's investigators used blockchain analysis to trace the funds stolen from over 400 victims, which were then laundered through a complex network of cryptocurrency addresses to obscure their origin. "The complaint alleges that the cryptocurrency addresses that held the over $225

Topics: addresses blockchain cryptocurrency fraud groups

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Bybit hacked for almost $1.5 billion in the biggest crypto theft ever

engadget.com Unknown 2025-11-12 06:22:48

While 20th-century heists involved scoping out a location, recruiting a person on the inside and having a daredevil getaway driver waiting outside, the 21st-century version looks more like what Bybit experienced today. A hacker stole nearly $1.5 billion in Ethereum (ETH) and staked Ethereum from one of the exchange's offline wallets, nabbing the largest cryptocurrency haul ever. One blockchain security expert said it's likely the all-time biggest heist of any kind, not just crypto. Bybit CEO Be

Topics: blockchain bybit cold percent zhou

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Latest Tech News

The White House Is Going to Put Government Statistics on the Blockchain (Yeah, We Don’t Know Why Either)

Ether notches first new record since 2021 after Powell speech teasing rate cuts

Another Crypto IPO Hits the Market and Most People Still Have No Idea What Crypto Is

Over $300 million in cybercrime crypto seized in anti-fraud effort

Tornado Cash sold crypto “privacy”; the US saw “money laundering.”

Tornado Cash sold crypto “privacy”; the US saw “money laundering.” A jury isn’t sure what to think.

Fintech dystopia

A Company Tried to Put Real Estate on the Blockchain and Now It's Facing a Legal Disaster

The day someone created 184 billion Bitcoin (2020)

The SEC Is Crashing the Digital Stocks Party

Exploring the Complexity of Distributed Consensus Algorithms in Blockchain

Robinhood Wants to Redo Wall Street on the Blockchain

Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

US recovers $225 million of crypto stolen in investment scams

Bybit hacked for almost $1.5 billion in the biggest crypto theft ever

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