*By Carlo Versano*
There's a civil war underway in cryptocurrency ー and it's shaking investor confidence in the very foundation of the blockchain.
Bitcoin, down 25 percent in a week and over 75 percent since its highs of a year ago, is suffering at least in part from the latest "hard fork" split of the two versions of Bitcoin Cash (BCH) into ABC and SV ー which themselves are just second-rate copies of the original Bitcoin currency, according to Merlin Rothfeld, a crypto investor and strategist with the Online Trading Academy.
Rothfeld predicted the volatility in Bitcoin will be a good thing in the long term, as it "shakes out" the vulnerabilities in the relationship between crypto and blockchain.
All of the things that have consistently appealed to Bitcoin investors ー the decentralization, transparency, chain of record ー are still intact, Rothfeld said. "That's very appealing to have this kind of autonomy."
Some investors worry that miners are mining "empty blocks" that would modify, and thus interfere with, the older version of the blockchain of a specific currency ー and that shakes the confidence of the entire market that relies on "proof of work" algorithms to record transactions, according to Rothfeld.
Once investors better understand how those vulnerabilities are being exploited, they can be patched, Rothfeld said. But until then, we should expect the volatility to continue and Bitcoin demand to wane. "I don't see it stopping anytime soon," he said.
For full interview [click here](https://cheddar.com/videos/whats-next-for-the-bitcoin-slump).
Equinox Media CEO Jason LaRose discussed the at-home success of its fitness app and how the company is still committed to the in-person gym workout.
TikTok isn't just gaining popularity among teens, the Mexican drug cartel is using the platform to promote its illicit activities. Cheddar's Michelle Castillo reports.
The coronavirus pandemic has revealed to Americans that employers have been able to maintain business as employees work from home. Now, companies are looking to rollout features to improve WFH productivity. Cheddar's Michelle Castillo reports.
While the U.S. reels from the massive SolarWinds hack, which compromised government agencies and private tech companies, experts predict more attacks on high-value targets are likely to occur.
An Amazon's Choice product, these highly-rated headphones combine high-performance speakers with T-Quiet™ active noise-canceling technology for an optimal listening experience.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Kevin Czinger, CEO and lead inventor at Divergent 3D, talked to Cheddar about how 3D printing might change car manufacturing going forward.
CEO Rob Wiesenthal said the company chose now to go public because technological innovations in ground mobility will bleed over into the air transport space.
Dozens of states filed an anti-trust lawsuit against Google on Thursday, alleging that the search giant has an illegal monopoly over the online search market that hurts consumers and advertisers.
These gadgets, grooming tools, kitchen essentials, and accessories are a steal.
