Among the many mysteries at the heart of the cryptocurrency market are these: Does $814 million of a digital token known as tether really exist? And what is tether’s connection to Bitfinex, the world’s biggest bitcoin exchange? This is the state of crypto in late 2017, where questions about the companies behind the currencies are […]

The entrepreneurs sued Facebook founder Mark Zuckerberg years ago, and they invested their (supposedly) meagre payouts wisely Name: Tyler and Cameron Winklevoss. Also known as: The Social Network in 2010. Vaguely. So theyre actors, are they? No. Theyre venture capitalists and entrepreneurs. In 2008, they rowed for the US at the Beijing Olympics, finishing sixth. […]

They start arriving even before the security shutters at the west Caracas storefront roll up at about 8:30 a.m. For 11 hours a day, they’ll hunch over old-fashioned cathode-ray tube monitors and bang on greasy keyboards in a dim space with a boarded-up window and a blanket of dust. They pause just long enough to smoke cigarettes in the […]

Bitcoin surged past $7,000 for the first time, breaching another milestone less than one month after it tore through the $5,000 mark. The digital currency $100 billion. “It is simply remarkable how resilient bitcoin has been in the face of significant negativity,” said Lukman Otunuga, a research analyst at ForexTime, in a Nov. 1 note […]

A bitcoin transaction wastes as much electricity as it takes to power an American home for a week, and legendary coder Bram Cohen wants to fix that. And considering he invented the ubiquitous peer-to-peer file transfer protocol BitTorrent, you should take him seriously. Cohen has just started a new company called Chia Network that will […]