Cryptocurrency markets are feeling the pressure from an extended downturn on Wednesday, September 12, with Bitcoin (BTC) losing 2.5 percent and Ethereum (ETH) hitting its lowest levels since May 2017. Data from Cointelegraph’s price tracker and Coin360 confirms the lackluster picture across cryptoassets continuing another day, with all of the top twenty coins — with the exception of Dogecoin (DOGE) — in the red. Market visualization from Coin360 Bitcoin had climbed to almost $7,400 last week before turmoil hit markets again, prices tumbling over claims Goldman Sachs had shelved its crypto trading plans, something officials have since dismissed as “fake …

There is no chance that the cryptocurrency and blockchain space will see “1,000-times growth” again, Ethereum (ETH) co-founder Vitalik Buterin stated in an interview with Bloomberg September 8. At an Ethereum and blockchain conference in Hong Kong, Buterin told Bloomberg that the rapid growth of crypto and blockchain industry is now reaching a “ceiling,” and is moving from “just people being interested” to the stage of “real applications of real economic activity.” Buterin explained that the period of explosive growth in the sphere is likely coming to an end because the level of superficial awareness about the industry has significantly …

Bitcoin’s (BTC) price continued to hold above $8,000 on Monday, July 30, as the rest of market saw slight losses across the board. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 reveals a modest comedown for Bitcoin through the day, falling almost 1 percent over a 24 hour period to trade at around $8,110 by press time. The top cryptocurrency reports around 28 percent growth over the last month. Bitcoin weekly price chart. Source: Cointelegraph Bitcoin Price Index Bitcoin’s price had remained relatively steady over the weekend, after briefly dipping below $8,000 after the news that the …

Research into the top ten crypto deals in 2017 based on their investment returns (ROI) has revealed that on average each returned over 136,000 percent, according to data shared with Cointelegraph by Crypto Finance Conference (CFC) analysts July 27. Out of all the crypto projects that raised a minimum of $1 million in 2017, IOTA (MIOTA) clinched a staggering 614,934 percent return for investors, sealing the top spot in the researchers’ rankings. IOTA is an Internet of Things (IoT)-focused crypto platform that uses a so-called Tangle system. The protocol is different from blockchain, in that it does not use “blocks” …

The interview has been edited and condensed. “[..]I met Joe. Joe is the CEO of ConsenSys, and he has something about him; he is an inspirational figure, he has this ability to excite people about this future” This is how Ajit Tripathi, a partner at ConsenSys, described Joseph Lubin during the recent interview to Cointelegraph in response to a question about why he joined ConsenSys. A 53-year old Canadian-born entrepreneur is one of the most prominent figures in the blockchain space. He co-founded Ethereum, a decentralized platform for applications and later founded ConsenSys, a Brooklyn-based blockchain software development company. Besides …

The world of finance is driven by some of the greatest minds out there, but every year we see new faces pop up on the list of the industry’s most influential. This month, Fortune released their list of ‘40 under 40,’ a compendium of the most influential figures in the global business space. The usual suspects featured in this awe-inspiring group include Instagram’s co-founder and CEO Kevin Systrom, Facebook CEO Mark Zuckerberg and AirBNB co-founder Brian Chesky, to name but a few. The list also features prominent leaders of some of the world’s biggest enterprises, such as Dhivya Suryadevara, who …

Five major crypto innovators have clinched four spots on Fortune’s “40 Under 40” annual rankings for the most powerful young disruptors in global business, released for 2018 on July 19. The first incarnation of Fortune’s under 40 list ran from 1999-2003 and ranked the new titans of the dot-com boom purely based on their wealth. Post-2008 financial crash, the list has been reinvented to take the pulse of figures’ wider achievements, power, and influence on the global stage. This year, Ethereum (ETH) co-founder Vitalik Buterin, 24, has sealed a spot on the list for the third year running, ranked 22nd …

Billionaire entrepreneur and engineer Elon Musk has recently called attention to scam bots that impersonate famous people on Twitter to steal Ethereum (ETH) and other cryptocurrencies from their victims. Ethereum’s co-founder Vitalik Buterin subsequently reacted to Musk’s tweet, suggesting on July 9 that CEO of Twitter Jack Dorsey should take measures to ameliorate the situation. In his tweet, the world-famous founder of Tesla Motors and SpaceX drew attention to crypto scammers on Twitter. Misspelling the name of Ethereum, Musk appeared to be impressed by the sophisticated “skillz” of the scammers: “I want to know who is running the Etherium scambots! …

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Vitalik Buterin Rails Against Centralized Cryptocurrency Exchanges Vitalik Buterin, the co-founder of Ethereum, said this week that he hopes centralized exchanges will “burn in hell” due to their ability to determine which cryptocurrencies “become big” by charging “these crazy ten to fifteen million dollar listing fees.” Buterin then referred to Ethereum’s decentralization by …

Co-founder of Ethereum (ETH) Vitalik Buterin criticized centralized exchanges, saying that he hopes they will “burn in hell,” in an interview with a TechCrunch journalist Jon Evans, July 6. Buterin has reiterated his positive stance on decentralization, claiming that by developing “better” decentralized platforms, the crypto community should be able to take away the “stupid King making power” from centralized crypto exchanges. “I definitely personally hope centralized exchanges burn in hell as much as possible.” The creator of Ethereum criticized centralized platforms for having the ability to decide which cryptocurrencies “become big.” According to Buterin, they do this by charging …

The Sacramento Kings basketball team has teamed up with a crypto mining hardware firm to install mining machines in an indoor arena, with the crypto earnings funding a scholarship program, local news outlet The Sacramento Bee reported yesterday, June 28. The Kings have partnered with company MiningStore for the installation of Ethereum (ETH) mining machines in Sacramento’s Golden 1 Center. All crypto proceeds will go to multi-year scholarship program MiningForGood, which the Sacramento Bee describes as a charity for tech education and workforce development in Sacramento. The first recipient of funding from the Kings will reportedly be an initiative for …

Stanford has created the Center for Blockchain Research, supported in part by the Ethereum Foundation, Stanford Engineering’s website posted yesterday, June 20. The university reportedly established the center in order to examine how blockchain technology can transform traditional business interactions, according to their official announcement. Ethereum (ETH) co-founder Vitalik Buterin tweeted about his, and evidently his Foundation’s, support for the blockchain initiative June 20: Excited to be supporting this initiative!https://t.co/CmaVpBxjrf https://t.co/RJHm1pVbWX — Vitalik "Not giving away ETH" Buterin (@VitalikButerin) June 21, 2018 In addition to the Ethereum Foundation, the Center for Blockchain Research has received contributions from Protocol Labs, the …