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Keyword: blockchain

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  • Cryptoqueen: How this woman scammed the world, then vanished

    11/24/2019 5:29:33 AM PST · by BenLurkin · 15 replies
    bbc ^ | 11/24/2019
    She told the cheering crowd that OneCoin was on course to become the world's biggest cryptocurrency "for everyone to make payments everywhere". Documents leaked to the BBC show that British people spent almost €30m on OneCoin in the first six months of 2016, €2m of it in a single week - and the rate of investment could have increased after the Wembley extravaganza. Between August 2014 and March 2017 more than €4bn was invested in dozens of countries. … It took McAdam three months to go through it all, but questions were starting to form. She started asking the leaders...
  • Google’s “Quantum Supremacy” To Render All Cryptocurrency & Military Secrets Breakable

    09/22/2019 9:13:04 AM PDT · by Enlightened1 · 36 replies
    Summit News ^ | 09/21/19 | Paul Joseph Watson
    Google’s announcement that it has achieved “quantum supremacy” with a 53-qubit quantum computer greases the skids for all cryptocurrency and military secrets protected by cryptography to be breakable in a stunning new development that will change the world. The Big Tech corporation’s new quantum processor took a mere 200 seconds to complete a computing task that would normally require 10,000 years on a supercomputer. The 53-qubit quantum computer can break any 53-bit cryptography in seconds, meaning Bitcoin’s 256-bit encryption is vulnerable once Google scales its quantum computing to 256 qubits, something their own scientists say will be possible by 2022....
  • Google researchers have reportedly achieved “quantum supremacy”

    09/21/2019 2:06:43 AM PDT · by Berlin_Freeper · 85 replies
    technologyreview.com ^ | September 20, 2019 | MIT Technology Review
    According to a report in the Financial Times, a team of researchers from Google led by John Martinis have demonstrated quantum supremacy for the first time. This is the point at which a quantum computer is shown to be capable of performing a task that’s beyond the reach of even the most powerful conventional supercomputer. The claim appeared in a paper that was posted on a NASA website, but the publication was then taken down. Google did not respond to a request for comment from MIT Technology Review.
  • Google researchers have reportedly achieved “quantum supremacy”

    09/20/2019 3:20:30 PM PDT · by LibWhacker · 47 replies
    MIT Technology Review ^ | 9/17/19 | Martin Giles
    Google researchers have reportedly achieved “quantum supremacy” The news: According to a report in the Financial Times, a team of researchers from Google led by John Martinis have demonstrated quantum supremacy for the first time. This is the point at which a quantum computer is shown to be capable of performing a task that’s beyond the reach of even the most powerful conventional supercomputer. The claim appeared in a paper that was posted on a NASA website, but the publication was then taken down. Google did not respond to a request for comment from MIT Technology Review.Why NASA? Google struck...
  • Life After Google [George Gilder and Cryptocosm]

    10/04/2019 6:14:58 PM PDT · by SunkenCiv · 5 replies
    YouTube ^ | Published October 19, 2018 | George Gilder (video presentation)
    George Gilder | Life After Google
  • “My Reveal” By Satoshi Nakamoto

    08/18/2019 6:50:49 PM PDT · by DUMBGRUNT · 16 replies
    “My Reveal” By Satoshi Nakamoto ^ | 18 Aug 2019 | As told to Ivy McLemore
    This must have been subconsciously lodged in my mind, thus creating the surname for Satoshi. I did not learn for many years after I created Bitcoin that Hal lived in the same Temple City, Calif., neighbourhood as one of only three people in the U.S. at the time with the name Satoshi Nakamoto. The man’s full name is Dorian Satoshi Nakamoto, and he was mistakenly identified as me in a Newsweek cover story in 2014. It has been speculated that I sent an email from my old Satoshi address at the time that said, “I am not Dorian Nakamoto.” I...
  • Bitcoin not built to last, despite recent surge

    07/01/2019 9:28:19 AM PDT · by SeekAndFind · 47 replies
    New York Post ^ | 07/01/2019 | Jonathan Trugman
    Last week we saw bitcoin, the great hope of cryptocurrency, skyrocket to over $13,000. It was in the vicinity of $3,200 as recently as December. Why? Maybe it was Facebook’s new venture into creating its own digital currency, Libra — although, if that were to be successful, how it would offer any type of validation of bitcoin is beyond me, and a whole lot of smart people on Wall Street. In fact, it might spell the beginning of the end for bitcoin. There are almost no major Wall Street investors of substance with meaningful track records who have invested in...
  • Microsoft teams up with JP Morgan to support blockchain project

    05/03/2019 11:50:53 AM PDT · by cann · 32 replies
    The Block ^ | MAY 3, 2019, 7:46AM EDT | N/A
    Two of the world's biggest companies, Microsoft and JP Morgan, have announced a joint partnership to integrate their blockchain platforms. Microsoft is making JP Morgan's 4-year-old giant blockchain platform, Quorum, the first distributed ledger available in its Azure Blockchain service. Microsoft will also offer "engineering, consulting and go-to-market support for the platform" as part of the deal. Mark Russinovich, CTO of Microsoft's cloud services division, said in a blog that JP Morgan's Quorum has been a "natural choice [because] it’s built on the popular Ethereum protocol." He added it would offer Microsoft's enterprise customers "confidential transactions," while "Quorum customers like...
  • Learn To Code

    04/17/2019 7:32:22 AM PDT · by NOBO2012 · 4 replies
    MOTUS A.D. ^ | 4-17-19 | MOTUS
    We know that Bernie Sanders supporters tend towards the young. No surprise, the young have always leaned toward liberal ideas - and yes, even socialism – before being mugged by reality.But wait, this time there’s more. This generational cohort’s support for socialism, which keeps showing up with each new poll, is something more than youthful idealism. It’s the result of years of indoctrination disguised as education. The propagandization of America may well be complete.How else to explain this recent Zogby poll? Both Gen Z and Millennials think that diversity is more important than merit in the workplace.As does Gen X....
  • Maduro's cryptocurrency 'genius' once pushed US sanctions (Venezuela, Russia, Turkey)

    07/25/2018 3:37:03 PM PDT · by Texas Fossil · 10 replies
    AP News ^ | Mar. 19, 2018 | JOSHUA GOODMAN
    CARACAS, Venezuela (AP) — A chief strategist of Venezuela's government-backed cryptocurrency is a former U.S. congressional intern who once organized protests against the same socialist administration he's now helping to circumvent U.S. financial sanctions.Gabriel Jimenez, 27, was catapulted to something of tech stardom in Venezuela last month when he stood alongside President Nicolas Maduro and two Russian businessmen on national TV signing a contract to position the petro, as the fledgling currency is known, among international investors."It's a company founded and led by young Venezuelan geniuses, boys and girls of Venezuela, who have one of the most technologically advanced blockchain...
  • Checked your Bitcoin Balance Lately? Don't Bother (Vanity)

    01/14/2019 3:46:50 PM PST · by Responsibility2nd · 70 replies
    Bitcoin ^ | 01/14/2019 | R2
    December, 2017. I'm late to the game, I know. I set up an account on Coinbase.com. $100.00 to start. January, 2018. Another $100.00 transferred in to Bitcoin. Total in is $200.00 January, 2019. My Portfolio Value is $40.90.
  • Russia will buy Bitcoin to avoid US sanctions, economist claims

    01/14/2019 1:23:42 PM PST · by SeekAndFind · 43 replies
    Asia Times ^ | 01/14/2019 | Luke Thompson
    A high-profile Moscow economist has reportedly said the Russian government is looking to invest in Bitcoin next month. Australian crypto news website micky.com claims to have spoken with Vladislav Ginko, a lecturer at the Russian Presidential Academy of National Economy and Public Administration in Moscow. “US sanctions may be mitigated only through Bitcoin use,” the site quoted Ginko as saying. “I believe that the Russia [government] will start diversifying its reserves with Bitcoin in February this year when US Congress will introduce… new sanctions against Russia,” he reportedly said. Ginko estimated that the first wave of Russian investment in crypto...
  • What’s the worst performing currency of 2014? It’s Bitcoin

    12/30/2014 6:54:17 PM PST · by Mad Dawgg · 44 replies
    FoxNews.com ^ | December 30, 2014 | Mike Flacy
    Plummeting downward by approximately 56 percent over the last 12 months, Bitcoin was recently crowned as the worst performing currency of 2014 according to Bloomberg. During early December 2013, the digital cryptocurrency was trading around $1140 and started falling to around the $850 range during early January 2014. As of this month, Bitcoin is being traded at the $320 level. However, this value is still higher than the value of the cryptocurrency prior to November 2013. Other poorly performing currencies of 2014 include the Ukraine’s hryvnia and Russia’s ruble.
  • A Stunner: National Debt Interest Will Soon Exceed National Defense Spending

    12/27/2018 4:20:29 PM PST · by entropy12 · 44 replies
    Hot Air ^ | December 27, 2018 | ANDREW MALCOLM
    President Trump has harshly criticized the Federal Reserve in recent weeks for inching up the standard interest rate to guard against rising inflation and threatening the four percent economic growth rate the billionaire likes to brag about. Here’s another reason: The higher interest rates on your credit card balances and car loans also apply to the federal government’s borrowing. RECOMMENDED
  • US Lawmaker Suggests ‘WallCoin’ to Fund Trump’s Mexico Border Wall

    12/15/2018 5:24:47 AM PST · by Beautiful_Gracious_Skies · 89 replies
    Coindesk.com ^ | December 14, 2017 | Nikhilesh De
    Ohio Congressman Warren Davidson thinks crowdfunding may provide a solution to the controversial proposal of building a wall on the Mexican border. And, perhaps more notably, he suggested using a cryptocurrency to do so. During an interview with NPR’s Steve Inskeep, the U.S. lawmaker explained that he has already proposed letting the American public pay for the wall, which is opposed by Democrats but mades up a key aspect of President Donald Trump’s list of 2016 campaign promises. In particular, Davidson told Inskeep, he has suggested a private funding program wherein “the American people, or whomever should choose to donate,”...
  • 8 Top Technology Trends for 2019 and the Jobs They’ll Create

    12/13/2018 12:46:04 PM PST · by SeekAndFind · 18 replies
    SimpliLearn ^ | 12/13/2018 | Nikita Duggal
    Technology is now evolving at such a rapid pace that annual predictions of trends can seem out-of-date before they even go live as a published blog post or article. As technology evolves, it enables even faster change and progress, causing the acceleration of the rate of change, until eventually it will become exponential. Technology-based careers don’t change at that same speed, but they do evolve, and the savvy IT professional recognizes that his or her role will not stay the same. The IT worker of the 21st century will constantly be learning, out of necessity if not desire. What...
  • Newsflash: Battered Bitcoin Price Sets New Yearly Low at $3,310

    12/07/2018 12:31:23 AM PST · by 867V309 · 18 replies
    ccn.com ^ | 12-07-2018
    So much for that early week recovery. The bitcoin price touched a fresh yearly low on Friday morning, driving the crypto market even further into the red as financial markets across the board continued their recent downtrend.
  • Cryptocosm: George Gilder’s Life After Google Shows How Blockchain Will Transform Your World

    12/02/2018 4:13:05 PM PST · by george76 · 38 replies
    Townhall ^ | Nov 02, 2018 | Ralph Benko
    Blockchain technology has been the talk of the tech world for the last several years. That said, it is also something of a riddle, wrapped in a mystery, inside an enigma. There are plenty of great books that effectively promote it, such as Don and Alex Tapscott’s nearly canonical Blockchain Revolution, published in 2016. Fast forward the revolution by two years. There’s more to say. George Gilder, in the most important recent book on blockchain, is here to say it. He not only dazzles but demystifies the blockchain, making vivid exactly how it is going to transform the internet and...
  • Bitcoin drops 9%, 21% over last 7 days

    11/19/2018 9:27:22 AM PST · by NRx · 29 replies
    CNBC ^ | 11-19-2018 | Kate Rooney
    The world’s largest cryptocurrency dropped to its lowest level in more than a year on Monday. Bitcoin hit a low of $4,951.47, bringing its losses to more than 21 percent in the past seven days and more than 62 percent this year, according to data from CoinDesk. The digital currency began stumbling last week after months of relative calm. Bitcoin had been trading in the $6,400 range, a break from its volatility earlier this year, for the majority of October as the rest of global markets sold off. The cryptocurrency is now down more than 30 percent since last Thanksgiving....
  • EU plan to enable non-dollar Iran trade, oil sales unraveling: diplomats

    11/14/2018 7:21:03 AM PST · by Java4Jay · 23 replies
    A special European Union initiative to protect trade with Iran against newly reimposed U.S. sanctions faces possible collapse with no EU country willing to host the operation for fear of provoking U.S. punishment.