Tag Archives: News

The following is proof that work hours should be devoted to work. Andrei Rybkin, a former Russian nuclear scientist, has been sentenced to three years in prison for mining bitcoin utilizing a plant’s computing power.Rybkin: Heading to JailAside from serving time behind bars, Rybkin will have to pay a fee of more than $3,000 (about 200,000 rubles) to court authorities. Sentenced on Thursday, Rybkin is one of three people that were potentially involved in an illegal mining network that...

Bitcoin prices which have been sliding for the past few days recovered slightly after President Xi Jinping was reported to have made statements that support the Chinese use and adoption of Blockchain technology. Sources indicate that the statements credited to the President of the World’s second-largest economy were first reported by Chinese media sources.Speaking on Thursday at the 8th collective study of the Political Bureau of the Central Committee in Beijing Xi said:“[We must] clarify the...

A lot of people don’t like Libra. We’ve already established that, but now Jack Dorsey – the CEO of both Square and Twitter and arguably as big a social media conglomerate as Mark Zuckerberg – is taking aim at the project, claiming that Libra isn’t even a cryptocurrency.Dorsey: We’ll Never Join with LibraOne social media CEO is attacking the other, and Dorsey – while speaking at a Twitter News Summit in New York City – explained that Libra could be just a “gimmick;” a false and phony project...

Over the years, Facebook has had more than its fair share of problems that revolve around the privacy and authenticity of the content found on its platform. There have been many cases of reported breaches causing private data of many of its users to fall into the hands of others, without the users’ consent. There have also been stories surrounding the dissemination of a lot of false or harmful information and even advertisements, on Facebook.On Wednesday, during a biting hearing for...

In the past, we’ve reported that AT&T has been the subject of lawsuits in that it allowed its employees to take part in SIM-swapping attempts, so hackers could gain access to potential cryptocurrency holders’ phones. A new case has emerged today that sees the phone company at the center of an $18 million lawsuit.AT&T Is at the Center of a Crypto Fight… AgainThe plaintiff is Seth Shapiro of Torrance, California. Shapiro describes himself as an “Emmy-winning media and technology...

Although China has introduced an absolute ban on cryptocurrencies in 2017, the country has been making major developments in the blockchain space. Currently, China holds the most number of patents in the blockchain sector, leading its rival U.S. by a considerable margin.In a move to dominate the blockchain industry, Chinese president Xi Jinping has urged the country to accelerate the adoption of blockchain technologies. In the future, the country with higher technological superiority will...

Photo: Anchorage / MediumIn what seems to be forward-thinking move, the premier cryptocurrency and digital asset custodian Anchorage backed by Visa has introduced a governance platform that has on-chain voting rights. The first cryptocurrency token to be supported in this regard is the Maker DAO’s Maker (MKR) token.The platform referred to as Anchorage Governance will enable all the custodian’s clients which hold the MKR token to be able to vote at the Multi-Collateral Dai (MCD) vote which...

Photo: FordNearly a year and a half ago, Ford embarked on a mission to invent its first peek of a Mustang-inspired electric. And after several attempts, it’s now prepared to show the globe what “Mustang-inspired” actually entails.The company announced that it would launch the electric SUV on 17th November just before the LA Auto Show.By now, little is known regarding the electric SUV that’s hitting the market year. Besides issuing frequent hints or teaser images. The latest launched webpage...

Google announced its first Stadia Games and Entertainment studio in Montréal on Thursday. Games chief Jade Raymond revealed that the new studio will focus on producing “exclusive, original content.”The Google VP explained ways in which the tiered party structure for Stadia games will develop. These “spectrum of bets” are recognized by how much they are using features that are only possible with Stadia’s cloud-based platform.She said:“We have a plan that includes building out a few different...

Ark Investment Management founder and CEO Catherine Wood commented that huge jump in Tesla’s stocks that began yesterday after the company released its earnings is just “the beginning of an eventual rise to $4,000 per share and possibly beyond.”And she might be right, because, even though the earnings were nothing special, they were still better-than-expected and at the stock ended yesterday trading with a rise of 17.67% to $299.68. However, at the time of writing, the stock was in a slight...