After months of painful wrangling, the Tezos network is up and running – more or less. The Tezos Foundation announced on Saturday that the blockchain’s “betanet is live.” As the group explained prior to the launch, this means that a fully functional version of the network is available, but still “experimental” in nature, with downtime and…

Developer Jonathan Wheeler is at an impasse of sorts. The former bank employee turned developer doesn’t want to say too much about his newest project, an effort he believes could soon help people living under one of the world’s most oppressive monetary regimes. That’s because he needs others to help him with his mission – getting bitcoin…

The 10th most valuable cryptocurrency in the world is set to commence its token migration process on Thursday. Created by former Ripple representative Justin Sun, Tron aims to build infrastructure for a “truly decentralized internet” that is particularly conducive for hosting decentralized applications (dapps). The project, which started on the ethereum blockchain and launched its…

The founder of a little-known cryptocurrency is making big waves. First leaked last week, more details emerged Tuesday on how Justin Sun, the founder of a controversial cryptocurrency project called Tron (with a market capitalization of more than $3 billion), is acquiring the file-sharing service BitTorrent for as much as $140 million. (A subsequent CoinDesk report…

Brewing giant Anheuser-Busch InBev is aiming to shake up digital advertising supply chains with the help of blockchain technology. The world’s largest brewer has launched its first ad campaigns through the Kiip mobile marketing app, which uses ethereum’s blockchain to record and track data. The goal is to monitor and, eventually, expand the reach of a…

Whether bitcoin or its imitators eventually achieve global ubiquity, they have already achieved success in one fundamental way: forcing humans to rethink their relationship with money and banks. Cryptocurrencies weren’t on the ballot during Switzerland’s “sovereign money” referendum last weekend, in which Swiss citizens rejected by a ratio of three to one a proposal to…

The CEO of Swiss financial services giant UBS Group AG endorsed blockchain technology in an interview, suggesting that it is “almost a must” for business. Sergio Ermotti told CNBC Monday that the technology can help companies become more efficient, thereby reducing costs for certain operations. In general, technology will help firms free up resources, but blockchain…

Hollywood star Kurt Russell is one of a number of performers set to star in an upcoming indie film about cryptocurrencies. The film, entitled Crypto, will feature Russell as well as Alexis Bledel, Jeremie Harris and Luke Hemsworth, among others. The Hollywood Reporter notes that the film focuses on a young anti-money laundering agent, played by…

A major shopping center based in Slovenia is widening a cryptocurrency payments pilot. BTC City Ljubljana, located in Slovenia’s capital of Ljubljana, will allow a group of 150 people to use cryptocurrencies at 24 businesses located in the sprawling complex, which according to online materials boasts over 500 storefronts. Those include services for clothing and…

From the mists of ideation, a first wave of ethereum dapps is starting to emerge. Launched in 2015 with the promise that developers could use its technology as a “secure backbone” for a new kind of software application, ethereum has long held the promise of enabling such innovations, all “without any possibility of downtime, censorship…

There has been much debate about the potential benefits of blockchain technology to improve the world of payments — particularly international payments. This is a business where many different parties need to reach consensus to route the payments, perform currency conversions, and deploy and manage liquidity in different jurisdictions, all subject to heterogeneous regulatory constraints….

China Central Television (CCTV), the country’s primary state broadcaster, has said the economic value of blockchain is “10 times more than that of the internet.” In a segment named “Dialogue,” aired Sunday night through the station’s Finance Channel, CCTV host Chen Weihong featured an hour-long discussion that was for the first time dedicated to educating its…

“Who is actually getting results?” Whispered between attendees in a crowd of 300 at the Blockchain for Social Impact conference in Washington D.C. on June 1, the statement summed up the sentiment at the event. The group assembled at the U.S. Institute for Peace may have spanned from ethereum entrepreneurs to crypto-curious international development workers,…