As Crypto Markets Go Cold, Who Will Pay for Open-Source Code?

Formerly a CoinDesk Contributing Editor, Daniel Cawrey is author of the upcoming “Mastering Blockchain” book to be published by O’Reilly Media. Earlier this year IBM purchased Red Hat, the oft-referred to model for how open source can thrive, for $34 billion. Long the consultant to enterprises, IBM is going through a transitional period as a […]

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Charlie Lee Vows to Keep Funding Litecoin Foundation Amid Pay Cuts

Litecoin creator Charlie Lee remains committed to funding the Litecoin Foundation despite rumors that its financials are in the red. Lee told CoinDesk the crypto bear market hurt the foundation’s numbers much like other projects. Since 2017, Lee’s donations have accounted for some 80 percent of the foundation’s funding. “The goal, of course, is to […]

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Litecoin Outperforms Top-10 Cryptos Ahead of August Reward Halving

With the supply of new coins to be halved in less than five weeks, litecoin is outpacing its peers. The fourth-largest cryptocurrency by market capitalization is currently trading at $123, representing 5 percent gains on a seven-day basis, according to data source CoinMarketCap. Meanwhile, bitcoin, the top cryptocurrency by market value, is currently reporting a meager […]

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