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Thursday, 31 January 2019
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Major pharma firm Merck has won a USPTO blockchain and AI patent focusing on supply chain security
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Kik opposes potential regulatory action from SEC, saying its 2017 Kin token sale followed all the right rules
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Blockchain technology is facing a serious scalability issue, and sorting it out might not be as easy as some think. What are some of the proposed approaches to solving the problem?
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Army tests new communication device that could save wounded soldiers’ lives
The U.S. Army is testing a new medical communication device that could help save soldiers’ lives.
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This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]
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Hackers are trying to discredit the inquiry into alleged Russian interference in US politics, prosecutors say.
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Plus: Breville's $800 pizza oven, Fender's newest guitar, and a habit-breaking browser extension.
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Jean-Vincent Simonet's new book, 'In Bloom,' is anything but typical tourist shots.
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This induction-powered, cast-iron multicooker from Japan has an impressive array of capabilities, but it doesn't break any new ground.
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While humans suffer, a trunkless pair of ostrich-like legs is braving the frozen grounds of the University of Michigan, for the good of science.
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Coincheck halved its losses in Q3 of fiscal year 2019, as compared with the preceding quarter: Monex report
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Nasdaq has revealed that seven crypto exchanges are already using its market monitoring technology, though only two are doing so publicly
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Top crypto exchange Binance adds support for credit card crypto purchases via Simplex partnership
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Bitfury and South Korean p2p research company are planning to launch several mining centers and a cryptocurrency exchange in Paraguay
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XEM token suffers as NEM Foundation announces funding problems
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Air Force may expand, speed up purchase of F-35 fighter jets
While senior Air Force leaders are calling for a “fast” pursuit toward production and delivery of its stated F-35 objectives, there are some voices now raising the question as to whether the rates should be sped up even more -- potentially even increasing the overall numbers for the program.
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Tonnes of poison was laid down by drones in a project to get rid of the invasive species.
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Facebook's approach to parental consent was "most concerning", says a member of its Safety Advisory Board.
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An Israeli company claimed it will cure cancer in a year, and the internet erupted. But in this latest viral incident, everyone loses.
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Turning hot water into snow might as well be the official sport of the polar vortex. Here's what's those water molecules are up to.
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Domestic ICO ban in South Korea set to stay, regulator confirms
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A top member of the Germany-based Iota Foundation has said the majority of the ~$11 million allegedly stolen in a major Iota token heist last year has been found
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Ethereum hardware hackathon ETHDenver partners with UNICEF on a bounty token
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A city supervisor has proposed banning local agencies from using facial recognition technology, warning of the potential bias and invasion of privacy.
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Everything you need to know about SpaceX, Virgin Galactic, and more.
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Those breaching sanctions aimed at cutting rising violence could face up to two years in prison.
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Additional partnership confirmed between Iota and Denmark’s state-owned energy company, Energinet
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Severe cold paralyzes a portion of the U.S. Facebook and Google are scrutinized over apps that collected data from teenagers. And, it's the final day of trade talks between the U.S. and China.
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Ripple has made a high-profile legal hire in the form of ex-HSBC general counsel Stuart Alderoty
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Gurley beats Gronk in 'Madden' Super Bowl matchup
First came the "Madden" simulation, which has the Los Angeles Rams edging the New England Patriots in Super Bowl LIII by a score of 30-27. Now, two of the game's actual stars, Todd Gurley and Rob Gronkowski, provided the same result.
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Navy plans test raids on its futuristic Littoral Combat Ship
The Navy plans to launch small boat attack craft raids against its futuristic Littoral Combat Ships to prepare a suite of integrated weapons systems and sensors for major ocean warfare - including missiles, guns, drones and inflatable boats.
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Will the Patriots lose the Super Bowl? Ominous 'Madden' simulation has Rams winning close game
If "Madden NFL 19" is any indication, the New Patriots are going to lose the Super Bowl to the Los Angeles Rams in nail-biting fashion.
via FOX NEWS https://fxn.ws/2WxOrT5
Facebook slammed for 'patchy' attitude on disinformation by lawmakers
Facebook was accused of taking a "patchy, opaque and self-selecting" approach to clamping down on misinformation by the European officials as the EU published its first progress report on fake news.
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Apple rips Facebook for phone app it says is 'clear breach' of agreement
Facebook has been paying people to install an app that allows it to hoover up data on exactly how they use their smartphones.
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The first major Bitcoin conference, Bitcoin 2013, was held in San Jose, California. Organized by the Bitcoin Foundation, it was centered on Bitcoin specifically and the more pragmatic issues that Bitcoin was trying to solve, particularly in the areas of Bitcoin technology, Bitcoin mining, Bitcoin business and regulatory issues.
Writing for Bitcoin Magazine at the time, Vitalik Buterin commented, “For long-time Bitcoin users, events like this are particularly emotional; here, for the first time, we are able to see fellow Bitcoin users, whom we have loved, worked with and had heated arguments with over forums or Skype/IRC chat for many months or years as something more than just a username. Entire companies, existing only ‘on the cloud’ before this day, are finally reunited.”
This summer, billed as “A Peer-to-Peer Conference,” Bitcoin 2019 will be held at Pier 35 in San Francisco, California, hosted by BTC Inc., from June 25–26, 2019. In a blog post announcing the event, BTC Inc CEO David Bailey noted that Bitcoin 2019 was so named to harken back to that earlier conference “when the Bitcoin community was unified and nerds filled the hotel lobby until the early morning while dreaming of what Bitcoin could become.”
The Bitcoin community has grown considerably since 2013, and it has experienced its share of growing pains along the way. People who are passionate about the technology have had differing viewpoints about its direction. As a result, even as Bitcoin has matured and the blockchain ecosystem has evolved, the community itself has become somewhat fractured.
Bailey sees Bitcoin 2019 as an opportunity to help rekindle the “sense of shared wonder and spontaneous commitment to realizing Bitcoin’s potential,” as it was back in 2013.
“We want to be able to provide a platform that brings together leaders in the Bitcoin community, along with creators, developers, newbies and enthusiasts, in order to allow for new ideas to freely flow among the people who care most about building the Bitcoin of the future,” Bailey told Bitcoin Magazine.
“We want to help drive the conversation beyond simply scaling Bitcoin. We want to showcase what’s possible to build with Bitcoin, without breaking BTC’s consensus rules, which are rigid.”
Attracting and Supporting New Growth in Bitcoin
Bailey’s hope is that this event will bring together people from across Bitcoin’s ideological and political spectrum. He is quick to point out that this is not a “Bitcoin Maximalist” or an “anti-any-other-crypto-or-fork” event; however, it is unmistakably a Bitcoin/BTC conference.
“We’re working hard to help curate the content of the conference so that people who aim to be unifying with fresh ideas and cool projects built on Bitcoin are able to have their voices heard,” he says. “We’re not here to argue how big a block needs to be or what Satoshi’s original vision was — that debate has already happened. BTC is BTC. Everything else is not BTC, and this is an event for BTC.”
He added, “We are coming at this from the perspective that this is a Bitcoin BTC event, but it’s not ‘anti-other-crypto.’ Regardless of what other projects people have worked on or supported, we want people to not feel excluded from Bitcoin. Just check everything else at the door and come build Bitcoin with us … at least for a couple of days at the conference.”
To that end, Bitcoin 2019 has reached out to a wide array of industry leaders and developers to participate in the event. Among the preliminary list of speakers are Bill Barhydt, Matt Corallo, Diego Gutierrez, Dan Held, Jimmy Song, Erik Voorhees, Jihan Wu, and Bitcoin Magazine’s own Aaron van Wirdum. More speakers will be announced in the near future.
“This is not a pay-to-play event,” Bailey emphasizes. “The easy part is finding the showcase-worthy projects. We actively seek out and learn about the cool things that are going on. We talk to people all over the world constantly about their new projects they’re working on. The hard part will be deciding which ones we will be able to carve out time for at the conference.”
Anyone interested in participating in Bitcoin 2019 as a speaker, panelist or presenter is encouraged to contact the organizers.
In order to make the conference accessible to the greatest number of people possible, tickets will initially be priced at $100. There is also a virtual hackathon “for ideas built atop and around Bitcoin and the Lightning Network” associated with the event in the works.
Bitcoin 2019 is powered by Bitcoin Magazine and produced by BTC Inc.
This article originally appeared on Bitcoin Magazine.
from Bitcoin Magazine http://bit.ly/2WrQ30V
Fidelity Investments, one of the world’s largest asset managers, is breaking into bitcoin custody.
According to a recent report from Bloomberg, three people “with knowledge on the matter” from firms in contact with Fidelity have said that the company is tentatively planning to launch a custody service for bitcoin in March.
This move would fall in line with the company’s recent pushes toward the crypto space. Last October, Fidelity announced the creation of a platform for institutional traders to invest in cryptocurrencies, using over-the-counter trading and cold storage to ensure the security of the various assets.
As the first quarter of the 2019 fiscal year is well underway, Fidelity is making moves to turn this proposal into reality. These sources claim that bitcoin will naturally be the first crypto asset offered on the platform, though “ether custody is expected to be next.”
Fidelity did comment directly on the imminent plans for this custody service, although they made no guarantees of the projected launch date. “We are currently serving a select set of eligible clients as we continue to build our initial solutions,” they said. “Over the next several months, we will thoughtfully engage with and prioritize prospective clients based on needs, jurisdiction and other factors.”
Custody is a commonplace service in the world of markets but is significantly less common in the crypto asset investment space at the institutional level. Relying on third-party actors to protect securities from the risk of theft or fraud, most crypto custody takes place within the realm of startups. With the recent announcement that New York state will condone crypto custody, however, many financial banks are looking to get in on the action.
An institutional custody service from a titanic asset manager like Fidelity, which deals with trillions of dollars of properties, could give a boost to bitcoin’s slow progress with Wall Street.
This article originally appeared on Bitcoin Magazine.
from Bitcoin Magazine http://bit.ly/2Rwe4jK
On January 26, 2019, clients of peer-to-peer bitcoin trading service LocalBitcoins were the targets of a phishing scam which resulted in the theft of a handful of bitcoins.
The Scam’s Operation
Reports claimed that the attacker was able to conduct the scam thanks to a security vulnerability on the LocalBitcoins platform. The landing page of the site’s forum reportedly was hacked, leading clients to a phishing site.
The phishing site was designed to carefully mimic the features of the actual LocalBitcoins landing page. Once on it, users were prompted to log in and provide their sensitive, two-factor authentication codes.
As soon as the hackers gained access to the codes, the users had the bitcoins in their wallet stolen.
“We would like to inform that today 26.01.2019 at approximately 10:00:00 UTC, LocalBitcoins has detected a security vulnerability – an unauthorized source was able to access and send transactions from a number of affected accounts. Outgoing transactions were temporarily disabled while we investigated the case,” LocalBitcoins noted in a Reddit post.
A user who claimed to have been hacked was able to identify the address of the hacker, and it was later found that the address has received a total of 7.95205862 BTC from five, separate transactions (equivalent to about $28,134 at press time).
LocalBitcoins Safe Again?
According to an announcement made by LocalBitcoins on Reddit, the exchange claims that the vulnerability to their system surfaced from flaws in a third-party software the exchange uses for its forum. In addition to that, LocalBitcoins stated that its security team was able to find and extinguish the issue quickly.
It confirmed that the vulnerability allowed the attacker to gain access to an undisclosed number of accounts, although at press time, it only knew of six cases where users had been affected.
It was reported that the exchange mitigated the vulnerability by blocking user access to their wallets until the issue was resolved. Also, the exchange suspended trading activities for a short period while its developers worked on neutralizing the threat. The platform was returned to full functionality a few hours after the hack.
The team noted that the vulnerability was fixed. However, there was no mention of whether or not affected users will be compensated for their losses and how they intend to track the stolen bitcoins.
The post also noted that the platform’s forum feature would remain disabled for security reasons, so for now, buyers and sellers will only be able to interact through the platform’s ciphered P2P chat.
This article originally appeared on Bitcoin Magazine.
from Bitcoin Magazine http://bit.ly/2RrKjjQ
In the latest revelation to raise privacy concerns, the Silicon Valley giants offered adults and teens gift cards for installing apps that would let the companies collect data on their smartphones.
(Image credit: Josh Edelson/AFP/Getty Images)
from Technology : NPR https://n.pr/2Ux3jQ1
Crypto lending firm Genesis Capital processed $1.1 billion in loans last year. This is according to the company’s recently released ‘Lending Snapshot’ for Q4 2018.
Genesis CapitalThe figure shows the massive growth in processed loans as Bitcoin price fell over 44% in 2018.
The first Digital Asset Lending Snapshot was released at the end of Q3 2018. This reported that Genesis processed $553 million in loans from the period starting March 2018.
Therefore the most up-to-date figures show that “Q4 loan originations increased more than 100% in the final three months ...
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Yesterday, a rather shocking cryptocurrency anti-money laundering report was released by the crypto analytics company CipherTrace. This report states that around $1.7 billion worth of cryptocurrency was obtained illegally in 2018. What’s more surprising is that crypto hacks happened three times more than in 2017. No wonder institutional investors don’t want to put big money into the crypto industry yet.
Crypto Hacks Worth $1.7 BillionOf the total stolen in 2018, over $950 million was from cryptocurrency exchanges. This is 3.6 times more than what was stolen from exchanges in 2017. The rest of the funds ...
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A cross-party committee says social media companies should have a legal "duty of care" to children.
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The number of people who logged into the site at least once a month rose 9% last year.
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The car repair chain's IT system went offline on Saturday and has been experiencing problems since.
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The move comes after the Belgian Gambling Commission threatened legal action over in-game loot boxes.
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