Tech

The Internet Is Thirsty Over John Krasinski, & These Tweets Prove It

I don’t know if you’ve heard, but the internet has learned that John Krasinski is smoking hot. I know what you’re thinking. “Duh, I’ve been knowing about JK’s hotness since season one of The Office.” That’s the right answer, but even if the rest of the world was late, at least they’ve finally caught on, …

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The Best Thing on the Internet This Week Was When Chrissy Teigen Logged Back Into Neopets

Chrissy Teigen, former queen of Neopets, current queen of the internet. Photo illustration by Slate. Photos by Frazer Harrison/Getty Images and Neopets. So much internet, so little time. Good on the Internet is our running attempt to highlight things that, in contrast to most of the toxic sludge found online, might actually make you smile. This week …

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Bitcoin Mining Even Less Economically Viable Than Thought

Analysts at Morgan Stanley have added their voices to those warning that mining Bitcoin may no longer be economically viable. The issue is that “mining” cryptocurrencies such as Bitcoin involves heavy-duty number-crunching and, therefore, requires costly computers and a lot of electricity. That makes it expensive. The cost of doing this wasn’t so much of …

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Cryptocurrency: Why to Own Both Bitcoin and $1 ‘Stablecoin’

Six years ago, Nader Al-Naji was mining Bitcoin in his dorm room at Princeton University. He still owns the 22 Bitcoins he mined in college. But today, Al-Naji is the cofounder and CEO of Intangible Labs, whose forthcoming product Basis (formerly known as Basecoin), is a cryptocurrency designed to do just the opposite of what …

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Bitcoin price rises $500 in 24 hours, causing ethereum and other cryptocurrency markets to surge in value

The price of bitcoin has shot up by almost $500 over the last 24 hours, causing a market-wide cryptocurrency resurgence that has seen ethereum, ripple and bitcoin cash surge in value by between 10 and 20 per cent. Bitcoin’s latest gains come one week after bitcoin bucked months of steadily decreasing prices by rising more than …

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Bitcoin Set For First Biweekly Gain This Year, Buying Strongest Since March 2017

Spring’s chorus of bullish predictions for Bitcoin appears to be having some corroboration from recent markets, as Bloomberg reports on Bitcoin’s 4 percent gain today, April 20, putting the coin on track for its first back-to-back week of gains this year. Bloomberg notes the recent upswing has brought BTC’s gains over the two-week period to …

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LedgerX’s Bitcoin Derivatives Trading Volume Is Up 7X Since Launch

Bitcoin trading platform LedgerX has seen a sevenfold increase in volume in the six months following its launch of cryptocurrency derivatives. Chief operating officer Juthica Chou told CoinDesk that the startup has seen roughly $7.5 million traded weekly through 700 swaps and options contracts. Since the platform launched its derivatives products, it has cleared $130 …

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Bitcoin’s latest climb brings post-Tax Day rally to more than 8%

Bitcoin jumped Friday morning, bringing its post-Tax Day gains to more than 8 percent. The cryptocurrency spiked about $300 to a high of $8,554.97, according to CoinDesk’s bitcoin price index. Bitcoin was trading more than 2.5 percent higher near $8,500 as of 9:48 a.m. ET. That marked an 8.5 percent rise from a low of …

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Bitcoin Is About to Have Its First Back-to-Back Weekly Gain in 2018

Bitcoin bulls are celebrating the virtues of the biggest cryptocurrency again. The digital coin gained as much as 4 percent Friday, putting it on pace for its first back-to-back week of gains this year. The mini-rally is helping to ease the pain from the more than 50 percent loss in the first quarter that followed …

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