“With Bitcoin, We’re Sending a Message,” Says Swiss Town Mayor

It was early May when the Swiss town of Zug convened a city council meeting. By the end of it, bitcoin was accepted as a valid mode of payment for municipality services, part of a pilot program. Fintech-friendly Zug, a picturesque and serene town on the banks of lake Zug made headlines in May after […]

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Ethereum’s Solidity Flaw Exploited in DAO Attack Says Cornell Researcher

Ethereum itself seems to be flawed according to the latest developments on the DAO Hack. Philip Daian, a researcher at Cornell University’s Initiative for Crytocurrencies & Contracts, just presented his latest findings on the hack, concluding: I would lay at least 50% of the blame for this exploit squarely at the feet of the design […]

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Craig Wright Says Sorry and Goodbye

The week began with the dramatic, much-publicized claim by Craig Wright who proclaimed that he was Satoshi Nakamoto, bitcoin’s mysterious and pseudonymous inventor. Four days later, Craig Wright’s final act under the spotlight sees a muted exit. In a twist to proceedings, Australian entrepreneur Craig Wright has reneged on his recent promise to ‘move’ bitcoin […]

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