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This Week in Bitcoin: An End to 51% Attacks and Who Controls Bitcoin?

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This week we reported about a suggested solution to 51% attacks, a hacked exchange that was blamed for tanking the market and a cannabis-themed cryptocurrency bringing peace to the world. We also learned, in this week’s most commented-on article, who really controls Bitcoin and why it won’t become a global currency, according to the CEO of Ripple. … Read more

Blockchain Can Turn the Finance Industry Upside Down: Germany’s Finance Chief

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Felix Hufeld, chief of the German Financial Supervisory Authority (BaFin), the government’s main financial agency, stated in a speech at a conference held in Berlin that blockchain technology has the potential to turn the traditional finance industry upside down. Optimistic Long-Term Vision Despite the recent correction of the cryptocurrency market and the drop in the … Read more

Ripple CEO: Bitcoin Controlled by Chinese, Absurd to Think it Could be Primary World Currency

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Brad Garlinghouse, Ripple CEO, answered candidly during an interview about crypto’s prospects for the future. Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency. Also read: Crypto and Virtual Reality Meet in Ken Liu’s Science … Read more

China State TV: Blockchain Will Be 10 Times More Valuable Than the Internet

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China is suddenly bullish on blockchain technology. It has overloaded the cryptocurrency industry with praise over the past few months. The government has also led multi-billion dollar investments in blockchain projects with the vision of commercializing blockchain technology in the near future. Blockchain is Better Than the Internet CCTV, AKA China Central Television, a state … Read more

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