Latest news from crypto currencies
Remember December? Markets could face another ‘bearish black hole’
New York (CNN Business)Warnings are sounding in global financial markets, punctuated by a cascade of selling in everything from stocks and crude oil to metals like iron ore. Recession jitters drove the S&P... READ MORE
BlockFi, which lends money to cryptocurrency holders, just raised $18.3 million led by Valar Ventures
Last year, we told you about a New York-based startup that had begun lending cold, hard, cash to cryptocurrency holders who don’t want to offload their holdings but also don’t necessarily want so... READ MORE
AI is shaping new products–but is it limiting our shopping choices?
A manual process simply could not analyze the ridiculous amounts of data necessary, and provide product-specific actionable insights, explains Yuval Yifrach. Yifrach is the CEO at Market Beyond, a Tel Aviv-based AI company... READ MORE
North Korean cryptocurrency heists net estimated $2 billion: UN report
(CNN)North Korea earned as much as $2 billion dollars through large-scale cyber attacks to help fund its weapons programs, a United Nations panel alleges in a new report. The allegations were published in... READ MORE
UK privacy chief joins warning over Facebook’s Libra
Libra, and its digital wallet Calibra, were announced in June by a group of companies backing it, led by Facebook. US treasury head warning over Facebook Libra Carney gives Facebook currency cautious welcome... READ MORE
How the West Got China’s Social Credit System Wrong
In October 2018, Vice President Mike Pence paid a visit to the Hudson Institute—a conservative Washington, DC, think tank—to give a wide-ranging speech about the United States’ relationship with China. Standing stiffly in... READ MORE
Gadgets, drug mules and a French accent: my life as a private investigator
Emmanuelle Welch was a journalist before becoming a PI. Now she tracks down embezzlers and the occasional lost teddy bear Im often asked how I chose the life of a private investigator. In... READ MORE
IRS warns crypto holders: dodge tax and we’ll hand out stiff punishments
Service sending out warning letters to more than 10,000 people holding digital currency and says taxpayers should take these very seriously Watch out, crypto-heads the taxman cometh. The Internal Revenue Service has begun... READ MORE
In America’s meme war, the left and right are fighting two different battles
Game of Thrones features two separate images of DaenerysIn the bottom image, one of Daeneryss dragons breathes fire down on Kings Landing (the capital of the GoT world). Screaming residents flee from the flames. The caption says, Implementing socialism. On … Continued
US justice department targets big tech firms in antitrust review
Officials to look into whether Facebook, Google, Amazon and Apple are unlawfully limiting competition The US justice department is opening a broad antitrust review into major technology firms, as criticism over the companies growing reach and power heats up. The … Continued
Only 24 hours left to apply for TC Top Picks at Disrupt SF 2019
Early-stage startup founders, you have just 24 hours left to complete one small task — a task that holds the potential to shift your venture into hyperdrive. Apply to be a TC Top Pick and the chance to exhibit for … Continued
Everyone Wants Facebook’s Libra to Be Regulated. But How?
Everyone from President Trump to Representative Maxine Waters (D-California) says Libra, Facebook's planned cryptocurrency, should be heavily regulated. But nobody seems to know how—including Facebook. That much was clear in the often muddled questions of legislators who hauled in Facebook … Continued
Facebooks plan for a cryptocurrency is right to set alarm bells ringing |John Naughton
The tech giant now seems to imagine itself a state. Its reach must not go unchallenged Now that Wimbledon is over, if youre looking for something interesting to watch, can I suggest heading over to uncanny valley, defined by Wikipedia … Continued
As the controversy mounts, Facebook still seems to click
The social media giant is set to unveil its second-best results this week, despite a privacy ruling and fears over Libra Facebook is expected to report its second most profitable quarter ever on Wednesday, even in the wake of shrugged … Continued
Was Bitcoin Created by This International Drug Dealer? Maybe!
This is where things started to get weird. The defendant in the lawsuit is an Australian computer scientist named Craig Wright. As followers of the Satoshi saga will know, Wright was the man outed in late 2015 by WIRED and … Continued
Postmates CEO: Gig workers deserve better than what we have given them
The gig economy faces challenges today that technology alone cannot fix. On-demand delivery and transportation has provided unprecedented flexibility to millions of workers and turbocharged small businesses and local economies. But recent strikes and calls for better pay and benefits … Continued
Facebook Clashes With Congress Over Its Dangerous Cryptocurrency Plans
Two days of hearings investigating Facebooks intention to create a digital currency began on a testy note Tuesday morning. Sen. Sherrod Brown (D-OH) fired an opening salvo at the social network in opposition to the establishment of the Libra digital … Continued
Facebook Grilled By Senators Over ‘Crazy’ Cryptocurrency Plans
The Senate Banking Committee held a hearing about Facebook’s plans for Libra, a new digital financial system it announced in June, amid widespread concern the company was moving to launch the platform without time for regulators and lawmakers to properly … Continued