Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. _______ To the fanfare of vindication, the news dropped last week that two public pension
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Wealth manager Carol Pepper says cannabis stocks are the next “huge growth area” in alternative investing. With an actual physical product, pot stocks could soar like Bitcoin in 2017, but unlike the cryptocurrency, they won’t follow that boom with a bust. Pot Stocks Earn Bump from Legalization Progress [embedded content][embedded content] Recreational cannabis was legalized
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A new startup called CasperLabs has launched with the aim of building a new blockchain based on a version of proof-of-stake (PoS), the experimental consensus protocol most associated with ethereum. Ethereum Foundation researcher Vlad Zamfir will serve as lead consensus protocol architect of the company, confirming earlier reports of his association with the startup. Going
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Google copped to making a mistake Thursday by not disclosing a microphone component  present in its Nest Guard devices, an enhancement to the Nest Secure suite. No Reports of Actual Consumers Bothered By Google’s Secret Nest Microphone [embedded content][embedded content] Google’s surprise microphone alarmed consumer privacy advocates, but no word yet from any major news
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Cryptocurrency exchange ShapeShift is shifting around its management team ahead of a major revamp. The startup is looking for a new chief financial officer to succeed Justin Blincoe, who is taking on a new role at the company, chief marketing officer Emily Coleman told CoinDesk. “ShapeShift is constantly evolving as an organization, and we are preparing
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Brian Armstrong, CEO of $8 billion crypto exchange Coinbase, wants to set some misconceptions straight about the security of various types of Bitcoin wallets. Writing in Fortune, Armstrong clarifies – for a mainstream audience – the difference between hot and cold wallets. If the reader is unfamiliar with the concept, it’s pretty simple. A “hot”
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The upheaval continues at enterprise blockchain company Digital Asset (DA), with the news that Gavin Wells will step down from his role as head of Europe next month. Oliver Hugh-Jones, head of business development for Europe, will assume all of Wells’ client-facing responsibilities, a spokeswoman for DA confirmed to CoinDesk Thursday. Wells’ departure was reported
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QuadrigaCX’s online wallets for bitcoin and ethereum have nearly been emptied and the funds sent to the failed cryptocurrency exchange’s court-appointed monitor, Ernst & Young (EY). On Feb. 14, 52 bitcoin (BTC) and 960 ether (ETH) were sent to freshly created blockchain addresses from addresses identified earlier as belonging to the Canadian exchange. The amounts matched
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Facebook CEO Mark Zuckerberg is seriously evaluating blockchain’s potential to allow internet users to log in to various services via one set of credentials without relying on third parties. Such a use for the technology would make a compelling alternative to services like Facebook Connect, the social media giant’s single sign-on (SSO) application, Zuckerberg said in
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