When is operating a Bitcoin mixer a crime?

Bitcoin mixers, or tumblers, have been around for years. The way they work is you send bitcoin to a service and the service scrambles your bitcoin with other bitcoins, so that in the end, it’s difficult to know the source of the funds—even though the transactions are visible on t … | Continue reading

@modernconsensus.com | 14 days ago

Stanley Yong, IBM CTO, Departs Big Blue

After Jesse Lund exit, a blow to IBM blockchain ambition and Stellar partnership Just two weeks after IBM’s blockchain ambitions fell into doubt with the mysterious departure of Jesse Lund, Big Blue is set to lose another key advocate for the space. Modern Consensus has exclusive … | Continue reading

@modernconsensus.com | 8 months ago

Why the SEC Should Reject a Bitcoin ETF

The bitcoin trading market is rampant with manipulation and fraud on even some of the largest exchanges. We therefore believe it would be a grave mistake for the Securities and Exchange Commission to greenlight a bitcoin exchange-traded fund (ETF) at this time. | Continue reading

@modernconsensus.com | 1 year ago

Study rings alarm bells on some of the biggest ICOs

What many of the biggest ICOs promised in their white papers aren’t found in their code—and that could be detrimental to investors. That’s the conclusion of a study that came out this week titled “Coin-Operated Capitalism”. The 104-page report shows troublesome inconsistencies on … | Continue reading

@modernconsensus.com | 1 year ago

Coinbase’s ETC decision raises eyebrows

William Hinman of the SEC announced that ether is not a security. Coinbase appears to have been anticipating the move, leading some industry insiders to wonder just how closely the San Francisco-based exchange is working with—and possibly even advising—the SEC as the agency consi … | Continue reading

@modernconsensus.com | 1 year ago