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Paraguayan Lawmakers To Present Bitcoin Bill On July 14

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El Salvador’s decision to accept Bitcoin as legal tender in June appears to be influencing lawmakers across the region to begin exploring their own cryptocurrency strategy. Paraguayan Lawmakers To Present Bitcoin Bill On July 14 Paraguay is next in line to introduce new crypto-focused legislation. Related: El Salvador Plans Bill…

Bitcoin’s Biggest Hack In History: 184.4 Billion Bitcoin From Thin Air

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On Aug. 15 2010, an unknown hacker nearly destroyed Bitcoin. The hacker generated 184.467 billion Bitcoin out of thin air in what has become known as the Value Overflow Incident. Bitcoin’s Biggest Hack In History: 184.4 Billion Bitcoin From Thin Air Satoshi Nakamoto quickly hard forked the blockchain to remove…

Paul Sztorc On Measuring Decentralization Of Nodes And Blind Merge Mining

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This is one of the most important articles I’ve read all year. Paul Sztorc On Measuring Decentralization Of Nodes And Blind Merge Mining. I agree that decentralization is multi-dimensional. The most important factors, in my mind, are consensus mechanisms among developers, nodes, and miner dispersion. The academic and investor community…

Biden Targets Big Business In Sweeping Executive Order To Spur Competition

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Critics say plan could hurt U.S. economy and hobble thriving companies. Biden Targets Big Business In Sweeping Executive Order To Spur Competition President Biden signed a broad executive order that aims to promote competitive markets across the U.S. economy and limit corporate dominance that the White House says puts consumers,…

Reality Show Is Casting Crypto Users Locked Out Of Their Wallets

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The casting director specifically asks crypto users if they’re willing to use all remaining attempts to access their funds in front of the camera. Reality Show Is Casting Crypto Users Locked Out Of Their Wallets A casting call for a cable network series may offer crypto users at the end…

Revolt Against Bank Fees Mints A $3 Billion Fortune For Fintech Founders

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Loathing bank fees made Kristo Kaarmann and Taavet Hinrikus two of the richest people in finance. Revolt Against Bank Fees Mints A $3 Billion Fortune For Fintech Founders The pair are among the biggest winners from the direct listing of Wise Plc, the U.K. digital-payments provider they started after becoming…

Biden Sets Up Tech Showdown With ‘Right-To-Repair’ Rules for FTC

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President Joe Biden will direct the U.S. Federal Trade Commission to draft new rules aimed at stopping manufacturers from limiting consumers’ ability to repair products at independent shops or on their own, a person familiar with the plan said. Biden Sets Up Tech Showdown With ‘Right-to-Repair’ Rules for FTC While…

Covid-19 Pushed 22 Million Out Of Job Market In Major Economies

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Labor markets in developed nations have recovered only half of the loss of employment they suffered in the pandemic, with the young and low-skilled hurt most. Covid-19 Pushed 22 Million Out Of Job Market In Major Economies That’s the conclusion of a 400-page study by the Organization for Economic Cooperation…

Russia ‘Cozy Bear’ Breached GOP As Ransomware Attack Hit

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Russian government hackers breached the computer systems of the Republican National Committee last week, around the time a Russia-linked criminal group unleashed a massive ransomware attack, according to two people familiar with the matter. Russia ‘Cozy Bear’ Breached GOP As Ransomware Attack Hit The government hackers were part of a…

Faces Are The Next Target For Fraudsters

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Hackers are pioneering new ways of tricking facial-recognition systems, from cutting the eyes out of photos to making a portrait ‘nod’ with artificial intelligence. Faces Are The Next Target For Fraudsters The Future of Everything covers the innovation and technology transforming the way we live, work and play, with monthly…

There’s An Unprecedented Wave of Doxxing In Hong Kong

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New rules are supposed to protect personal privacy, but major tech companies are raising the alarm. There's An Unprecedented Wave of Doxxing In Hong Kong Doxxing is the excuse, but Hong Kong’s internet freedom is the big target. That’s how proposed amendments to the territory’s personal data law are starting…

Why China Keeps Sending Warplanes To Fly Near Taiwan

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Chinese warplanes streaking through the skies around Taiwan, once a rare sight, are showing up much more frequently. Why China Keeps Sending Warplanes To Fly Near Taiwan The exercises signal China’s displeasure with the island’s democratically elected government and its efforts to deepen ties with the U.S. In response to…