WATCH: UNICEF’s Crypto Fund Plans to Pay for Internet in Public Schools

Plans are in place to allow non-profit UNICEF to use cryptocurrencies donated by the Ethereum Foundation and other organizations to fund internet connectivity in public schools around the world. Announced at ethereum developer conference Devcon, UNICEF unveiled a cryptocurrency fund to receive, hold, and distribute bitcoin and ether donations . Making the first contributions to UNICEF’s Crypto Fund, the Ethereum Foundation donated 1 BTC and 100 ETH, collectively worth roughly $25,000 USD. According to UNICEF blockchain lead Christina Lomazzo and head of UNICEF Ventures, Chris Fabian, the funds will initially go…

WATCH: Ecash Creator David Chaum On His New ‘Quantum-Resistant’ Cryptocurrency, Praxxis 

  Digital money pioneer David Chaum is creating his second digital currency and we caught up with him at Devcon in Osaka, Japan. He created the first platform, Ecash, in 1983 and it was meant to be an electronic cash system, not unlike what bitcoin is today.  Now, Chaum is developing a new so-called “quantum-resistant” digital currency called Praxxis that innovates on his original ideas for Ecash as well as on the technology advanced by Satoshi Nakamoto’s bitcoin.  “Praxxis is delivering two things. One is a new consensus algorithm that…

WATCH: How JET8 Is Injecting Crypto Into the Social Media Value Chain

Jet8 is taking a new approach to social media and data ownership using blockchain. Chief strategy officer Joshua Thomson sat down with CoinDesk to discuss how his firm is putting users “back in the center of the value chain.” First, the platform enables anyone to create “instagram-like” applications centered on their own interests, hobbies or career. Secondly, members and content creators receive a portion of advertising revenue in the form of a U.S. dollar-backed stablecoin for engaging with these apps. This J8T token can be redeemed at nearly 25,000 retail…

WATCH: MyCrypto CEO Taylor Monahan on Crypto Adoption and Ethereum

At Devcon 5 last week, CoinDesk’s Leigh Cuen sat down with MyCrypto CEO Taylor Monahan to chat about user adoption and the state of ethereum. Founded in 2015, MyCrypto makes the blockchain more accessible through customer-first products for ethereum and ERC-20 tokens. As Monahan told CoinDesk, MyCrypto focuses on the customer experience: “People are used to the Googles and the Facebooks and you type in your username and your password and if you forget it like they’ll recover it for you and everything’s fine. And then they enter crypto and…

WATCH: ‘Big Four’ Exec Says Privacy is Key to Enterprise Blockchain Adoption

A senior executive at Big Four auditor Ernst & Young (EY) thinks blockchain will revolutionize commerce – if the community can solve its privacy issues. “Blockchain is going to be the tool that ties together not just individual companies, but whole business ecosystems and networks,” says EY global innovation lead Paul Brody. “Enterprises will not go on to the public mainnet without privacy and security.” In this interview with Christine Kim, Brody discusses a range of privacy solutions, including Nightfall, EY’s open source code repository. The protocol integrates zero-knowledge proofs…

WATCH: Tongtong Gong of Amberdata Talks About Gender in Crypto

Tongtong Gong, COO of crypto analytics firm Amberdata, shared what it feels like to be a woman in tech and why she chose to become a programmer. “I moved to the U.S. and when I moved I didn’t really speak English that well so when I was in college you needed to pick a degree,” she said. “I was so intimidated by English that I asked my advisor which major should I choose so I didn’t have to write papers and he said computer science.” Gong became a technologist and, during…

WATCH: What Drove Bitcoin Price Up Today? We Explore the Pop

The price of Bitcoin (BTC) jumped 5.1 percent on Wednesday – its highest point in two weeks. The price rise comes after the Federal Reserve (Fed) said it would print money to expand the size of bank reserves – seen as a move by the U.S. central bank that could spark inflation. Traders said optimism also was buoyed by speculation that the U.S. Securities and Exchange Commission (SEC) might approve a new bitcoin-based exchange-traded fund and an announcement by UNICEF that it would accept donations of cryptocurrencies. Joe DiPasquale, CEO…

WATCH: Ethereum Enters a ‘Crossroads’ at the Ethereal Summit

On location in Tel Aviv at the Ethereal Summit, hosted September 15, CoinDesk’s Daniel Kuhn spoke with some of the major players in the ethereum space about where the second largest blockchain is heading. Billed as “the world’s computer,” ethereum has not lived up to its initial marketing campaign. ConsenSys and a crowd of developers are working at a solution, dubbed ethereum 2.0, to fix the blockchain’s scalability problems. Leading up to this reboot, the Ethereal Summit served as a progress marker. The community was enthusiastic for what lays ahead.…

WATCH: Athena’s Bitcoin ATM Business Blooms in Argentina

In this edition of CoinDesk On Location reporter Diana Aguilar talks to Dante Galeazzi, country manager for Athena Bitcoin in Argentina. Athena is one of the first and biggest crypto ATM networks in the country. Athena has become a lifeline for many refugees and the ability to buy and sell bitcoin – and send it to other countries in Latin America – is picking up steam. Galeazzi talks about the rise of the machines in Argentina and walks our reporter through the process and how the company localized the experience for…

Bears Watch the $7,120 Support as Bitcoin Price Wavers

This week isn’t looking good for Bitcoin (BTC) as the price continues to decline after reaching a high of $8,540 on Oct. 1 down to $7,870 on Oct. 6.  This continued decline was anticipated in last week’s analysis, with fingers pointing to China’s week-long Golden Week as a possible catalyst for the reduced trading volume.   However, with the Chinese set to return to their desks next week, will they be buying the dip, or sitting on the sidelines for the new support being flagged across the charts?   Weekly crypto market…