Focus

Silk Road Founder Shares Health Update from Jail 

Ross Ulbricht, the founder of the once-popular Dark Web marketplace Silk Road, has shared his health update with members of the tech and crypto communities in the wake of the coronavirus pandemic.Ulbricht was identified as the marketplace’s creator in 2013, and he’s been in jail for about seven years. However, with the coronavirus pandemic causing special attention to prisons, he’s come out to put everyone at ease on his health. Prisons: Petri Dishes for VirusesIn a tweet posted earlier this week, he explained that he’s completely fine and doesn’t know anyone in

Aside From ZIL Staking Soon: Zilliqa 2.0 Already in the Works says Amrit Kumar

Blockchain project, Zilliqa is still on track to launch staking on mainnet before the end of Q2, but could at the same time be moving towards the next version of the mainnet if ongoing integrations to improve the network turns out successful. In a recently concluded AMA session on Wednesday, Colin Miles, the head of marketing for Zilliqa blockchain, reiterated known facts that the current focus of the project is on rolling out staking, teasing a major announcement in the coming days. 🔊 @zilliqa AMA news:@ColinMiles : “I think the

SoFi Acquires Payment Processor Galileo in $1.2 Billion Deal

California-based and crypto-friendly financial firm Social Finance — SoFi — is acquiring the digital payment platform Galileo.In an April 7 press release, SoFi announced that it has signed an agreement to pay $1.2 billion for Galileo Financial Technologies. According to a CNBC report, the payment will consist of $75 million in cash, $875 million in stock, and $250 million in seller financing debt.SoFi CEO Anthony Noto addressed how the partnership will help in the current financial market:“Together with Galileo, we will partner to build on our companies’ strengths to drive

Jack Dorsey Donates 28% of His Wealth to Global COVID-19 Relief

Twitter CEO and Square founder Jack Dorsey has started a new fund called Start Small LLC, aimed at fighting COVID-19. He’s seeding the fund with $1 billion, roughly 28% of his wealth. He shared the news via Twitter:Source: TwitterThe fund’s efforts will initially focus fighting the global pandemic currently dominating the news cycle, but will eventually switch to providing money for girl’s health, education and universal basic income (UBI) initiatives. Dorsey is really putting his money where his mouth is when it comes to taking action to improve the world:“I

Crypto Conference Attendees Prepare to Enter a 3D Virtual World

Blockchain and cryptocurrency enthusiasts have found new ways to come together amid the global coronavirus lockdown. A crypto conference called BlockDown 2020 is scheduled to take place in the virtual realm this month, with big name personalities from the blockchain community set to appear as digital 3D avatars.Notable attendees on the docket include Binance founder and CEO Changpeng Zhao, Stellar co-founder Jed McCaleb, and NEO founder Da Hongfei. Also appearing will be Roger Ver, executive chairman of Bitcoin.com, and Erik Voorhees, CEO and founder of Shapeshift.Musician-turned-crypto-innovator Akon will headline the

Bitcoin Price Prediction: BTC/USD May Hit $8,000 to Begin a Bull Market Fully

Bitcoin (BTC) Price Prediction – April 7The Bitcoin price is making a strong extension to the upside in the session today through $7,200.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,500, $8,700, $8,900Support Levels: $6,400, $6,200, $6,000BTCUSD – Daily ChartBTC/USD hit the intraday high at $7,440 and retreated to $7,231 at the time of writing. Despite the downside correction, the coin is moving within a short-term upside trend amid low volatility. BTC/USD has gained nearly 1.35% since this time as the cryptocurrency market is on the recovery path. On the

Photographer’s Payment Debacle Brings Bitcoin’s Anti-Censorship Into Focus

Censorship has always been one of the biggest problems, and circumventing; it has been one of Bitcoin’s most significant alluring properties. The latest in such occurrences is that of Ben Taylor, a photographer who was recently banned for life from Western Union as a result of his activities in Africa.“No Explanations. Just Leave” In a recent YouTube video, the photographer, better known as Pleasant Green, explained that he established a photography business in Africa as a means of doing some charity work. The business is based in Liberia, and he’s been wiring money

Introducing the new Blockchain.com monthly newsletter — April Edition: “After the Dust Settles”

The quality of information and data in crypto has improved in recent years, so you may be asking why another monthly newsletter?There are still some big data and analysis gaps in crypto. Crypto markets are nowhere near as widely served with reliable research and data as traditional markets. Indeed, the March 12–13th crypto stress test demonstrated there are also still some very significant issues with the state of crypto exchange infrastructure.What you can expect from our monthly newsletterOur intention with this newsletter is to avoid repeating what you can find