As Bitcoin sinks, industry startups are forced to cut back

Around this time last year, the price of Bitcoin hit an all-time high of nearly $20,000. Cryptocurrency enthusiasts everywhere boasted about the wealth 2018 would bring, initial coin offerings exploded and startups continued to pull in record amounts of venture capital. Fast-forward one year: Bitcoin is down 75 percent to…

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Bitcoin Cash is set to hard fork, and people are losing their heads

Let the gnashing of teeth begin.Image: LADISLAV KUBE / GETTY Nothing says the future of finance like a good old-fashioned meltdown, and the upcoming bitcoin cash hard fork has that in spades. This is thanks, in no small part, to a man named Craig Wright.  Wright, derisively known as “Faketoshi”…

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The second blockchain bubble is now complete whats next?

The last few months haven’t been easy for crypto investors. Following the dizzying highs of crypto trading late last year, which saw Bitcoin reach a peak of $19,276 and a market cap of $323 billion and Ether reach $1,152 with a market cap of more than $112 billion, prices have…

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