Cryptocurrencies

Blockchain is Dead? Crypto Geeks Debate Merits of Once Dear Tech

  • Flow of cash into blockchain start-ups has slowed: CB Insights
  • Cryptocurrency enthusiasts gather at Invest: NYC conference
Attendees begin to gather at the Consensus Invest conference in New YorkPhotographer: Vildana Hajric/Bloomberg
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For a technology that was supposed to transform and solve seemingly every problem in the world, the enthusiasm is fading pretty quickly.

Blockchain, the underlying technology that powers cryptocurrencies including Bitcoin, is getting its last rites read at the Invest: NYC conference in New York, where hundreds of crypto true-believers have gathered Tuesday to discuss the latest trends in the still-nascent digital assets market.