Jed McCaleb27

Jed McCaleb is the cofounder and Chief Technological Officer of the Stellar Development Foundation. The foundation hosts Stellar a free, open source network that lets anyone build low cost financial products for their community. He also founded Ripple.com in 2011. He currently serves as advisor to the Machine Intelligence Research Institute, a nonprofit founded to ensure creation that machine intelligence has a positive impact. A champion of democratic economic participation and decentralized systems, he believes that technology and programming should improve the human condition.

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Stellar Network Went Down For 2 Hours with Zero Transactions. Nobody Cared19.2
By CCN: Stellar, the Ripple fork founded by Jed McCaleb after disagreements with decisions at Ripple, went down for about two hours yesterday. Tim Swanson alerted Twitter to the issue, and a Stellar representative confirmed its occurrence. Experts Notice, Story Goes Viral, Stellar Goes On Defense Breaking: yesterday the Stellar network went down for about 2 hours… only those who run validators not...
Stellar and Wirex Partner to Issue 26 New Stablecoins
Stablecoins continue to capture the interest of investors, showing that there are more and more use cases for this type of tokens. As reported by Ethereum World News, TrustToken, the creator of TrueUSD announced the launch of tokens backed by the fiat currencies of Europe, Hong Kong, Australia and Canada, and a few hours ago, Wirex and Stellar took one step forward and announced the issuance of 26...
A brief history of Mt. Gox, the $3B Bitcoin tragedy that just won’t end32
Mt. Gox’s ex-owner Mark Karpelès is due to face court in Japan this Friday, which means the long-running case of its “missing” Bitcoin is reaching a crescendo. It’s been over five years since Mt. Gox filed for bankruptcy, and it’s a pretty messed up story. Climbing Mt. Gox Mt. Gox was one of the first Bitcoin exchanges on the web, but it wasn’t always related to cryptocurrency. Back in 2007, progr...
The plot to revive Mt. Gox and repay victims’ Bitcoin174
It was the Lehman Brothers of blockchain. 850,000 Bitcoin disappeared when cryptocurrency exchange Mt. Gox imploded in 2014 after a series of hacks. The incident cemented the industry’s reputation as frighteningly insecure. Now a controversial crypto celebrity named Brock Pierce is trying to get the Mt. Gox flameout’s 24,000 victims their money back and build a new company from the ashes.
Bitcoin Had a Fairer Launch Than Any Altcoin
What constitutes a fair coin launch? It’s a question that has had some of the brightest minds and brashest projects in the space debating the best way to kickstart a cryptocurrency. Every crypto, Bitcoin included, has attracted criticism over a distribution schedule that favored early adopters. To date, no other coin has come close to matching the egalitarianism of Bitcoin’s launch.
Fred Wilson: Bitcoin May Take Much of 2019 to Bottom Out, But There Are Catalysts2.4
The search for a bottom in crypto markets has been arduous. Over the past year, day in, day out, pundits in this nascent community have sought to discern where the falling knife will stick. Yet, cryptocurrencies, like Bitcoin (BTC), have continued to trade without rhyme or reason, leaving a majority of consumers in a bear market-induced state of confusion. Yet, a leading pro-innovation venture cap...
Tron (TRX) Edges out Tether (USDT) From the Number 8 Spot. Is Stellar (XLM) Next?
The Tron cryptocurrency clearly has the momentum in the crypto markets as we complete the second week of 2019. Only days ago, TRX edged out Bitcoin SV (BSV) from the number 9 spot on coinmarketcap.com. On that day, TRX’s market cap stood at $1.558 Billion. Further checking coinmarketcap.com we find that its market capitalization has risen to $1.942 Billion. This has allowed it to edge out Tether (...
Ripple CTO Claims XRP Eliminates PoW Risks Seen in Ethereum Classic’s 51% Attack5
Ripple Labs has long been a polarizing startup in the cryptosphere. Case in point, the San Francisco-headquartered company, started by Stellar Development Foundation Mt.Gox co-founder Jed McCaleb, is often bashed for being in bed with centralized financial entities — what Bitcoin was created to destroy. Moreover, many believe that the XRP digital asset is centralized, controlled by puppet masters ...
Justin Sun Responds to Jed McCaleb’s Comments that Tron (TRX) is ‘Garbage’
In a recent interview with Yahoo Finance, Stellar’s Co-Founder and CTO, Jed McCaleb, referred to the Tron (TRX) project as ‘garbage’ when asked about his thoughts on the general temperature in the crypto industry. He particularly criticized projects that raised massive amounts of capital during the ICO boom of 2017/2018 with zero technical merit to back up such funding. His exact words were as fol...
Ripple, Stellar Co-Founder: Bitcoin Crash Isn’t A Bear Market, Crypto Still “Way Up”
Although you may not have heard of him, Jed McCaleb is a legend in the budding crypto industry. He forayed into cryptocurrencies when there was essentially only Bitcoin (BTC), launching the first iteration of Mt. Gox in 2007 (he converted into a BTC platform in late 2010). After leaving Mt. Gox, which collapsed just years later under the leadership of French national Mark Karpeles, Caleb began wor...
The Blockchain wallet plans a £125M air-drop of Stellar crypto to drive mainstream adoption68.8
Blockchain, one of the world’s biggest crypto wallets, plans to give away a vast amout of cryptocurrency in a bold move to scale the adoption of crypto to a more mainstream audience. Blockchain and the Stellar Development Foundation (stellar.org) will distribute $125m worth of Stellar lumens [XLM] to Blockchain’s users. Blockchain is claiming this is the largest airdrop in the history of crypto,...
A Review of the New Stellarx Decentralized Exchange39.78
This week, Stellar launched its long-awaited decentralized exchange. Stellarx offers trading of a range of assets including cryptocurrencies from multiple blockchains, using stellar lumens (XLM) as the base currency. The exchange differs significantly from existing decentralized offerings, which are limited to tokens pertaining to a single blockchain – usually Ethereum. With Stellarx, however, use...
Block School: Early Bitcoin, Rocky Mt Gox Days31.87
Here at NewsBTC we believe that education and knowledge is fundamental to the wider adoption of cryptocurrencies and growth of the blockchain industry. We will be expanding our education section by delving deeper into some of the machinations and technology behind the blocks. Our weekly articles aim to provide a greater understanding of how things work in the crypto ecosystem.
Stellar’s Jed McCaleb Reportedly Selling over 499k XRP a Day-2.8
Jed McCaleb, co-founder and the CTO of Stellar Development Foundation, the company behind the development of the Stellar(XLM) blockchain, was also co-founder of Ripple Labs Inc before going all in with his current project. At the time of leaving Ripple, the company paid him an amount of 5.3 Billion XRP. According to reports published in the Wall Street Journal , the well-known entrepreneur may be ...
Ripple And XRP: Proceed With Caution6.36
Let's just get this out of the way. Recently, Ripple (XRP-USD) passed Ethereum (ETH-USD) in market cap (although this may be short-lived). My spidey senses are telling me we're about to get bombarded with XRP to the moon articles, so I wanted to provide some more in-depth information for the rest of you who I hope can and will appreciate a different approach.
Stellar-based Startup Lightyear Buys Chain Inc. to Form Re-Branded Company Interstellar0.81
In the world of blockchains it is a common deal when at least two industry behemoths providing the community with great and key fin-technical solutions decided to compound their inputs in order to produce something even greater. The headlines are rife with collaboration announcements while a numerous number of newly born joint companies are facing a customer.
Stellar acquires blockchain startup backed by Visa and Nasdaq26.82
A long-speculated acquisition has finally come to fruition. Stellar’s for-profit arm Lightyear has acquired San Fransisco-based blockchain startup Chain, Reuters reported today. The two companies will now retire their individual brands and form a single entity called “Interstellar.” The new company will move Chain’s existing users onto the Stellar blockchain platform, and enable organizations to i...
Stellar Lumens (XLM) vs Ripple’s XRP: Round Two4.72
On the same path on how humans when facing an issue attempt to solve it while learning more, the crypto-verse made its introduction to overcome many problems we hurdle on a daily basis with. So, in a way most coins are presented before us with the idea to make the world a better place. The issues that the digital currencies deal with most are coming from the existing financial industry architectur...
Ripple’s XRP Replies With Bullish Sentiment to the Positive Environment Created by News As BTC Passes $7,000-1.36
The flow of positive news and teases around Ripple’s coin XRP lately had no stop. With the gold rush and speculations building up towards the cryptocurrency, equally it resulted with its expectations and predictions growing too. It all started with Brad Garlinghouse teasing on purpose that Q3 is going to be XRP‘s time and it could conclude with 2018 also.