Genesis Daily

Mar 11, 2019

The cool thing about cryptocurrencies is their censorship resistant, bearer instrument-like characteristics. If you get on the wrong side of your bank, or someone that has influence over your bank, you risk having your assets frozen. But if you get on the wrong side of your bank, or someone with influence over your bank, there’s not a whole lot they can do, without access to your private key, to seize your Bitcoin, or to stop you from interacting with the Bitcoin-denominated economy. Cool, it would seem.

Traded volume on cryptocurrency exchanges is perhaps the best indicator of the health of the space. Volume is a great proxy for the interest in cryptocurrencies.  The problem is billions of dollars in volume is faked every day. Several exchanges fake volume to create an illusion of interest in order to lure in more customers. […]

Bumble Bee Foods, the largest branded seafood company in North America, announced Friday that it is using blockchain to trace the journey of yellow-fin tuna “from the Indonesian ocean to the dinner table.” The press release titled “Bumble Bee Foods and SAP Create Blockchain to Track Fresh Fish from Ocean to Table” explained how, thanks […]

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