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“#Microsoft patents software that detects lazy employees” As if workers weren’t self-conscious enough during a video conference. United States Patent and Trademark Office records indicate that Microsoft is staking claim over novel software that allows employers to monitor staffers’ body language and facial expressions during virtual and in-person meetings, and delivers a numeric “productivity score,”…
“# Bitcoin theft is likely to surge in meager post-COVID economy: report ” Cryptocurrency-related fraud and theft are likely to grow in the post-COVID-19 world, according to a new report by cybersecurity and anti-virus provider, Kaspersky Lab. Securelist, Kaspersky’s cyberthreat research arm, published a report on cyberthreats to financial organizations, forecasting some specific types of…
“# Big banks think new furniture is innovation, but they are wrong ” When banks finally come to improve their technology experience, they go no deeper than changing the front end. They’ll make a button blue instead of green or create rounded edges on buttons instead of square ones. They think in terms of their…
“# Law Decoded: Cents and stability, Nov. 20–27 ” Editor’s note As many of you were certainly following in real time, a bull market gave way to a bloodbath yesterday, which happened to be Thanksgiving in the U.S. Personally, I’ve never thought that Bitcoin’s price was any sort of proof of its value proposition, but…
“# Cypherpunk Holdings becomes 9th largest public holder of Bitcoin ” Cypherpunk Holdings (CSE:HODL), a privacy-focused Canadian investment company, has upped its stake in Bitcoin (BTC). The company disclosed Thursday that it has added 72.979 BTC to its reserves since June 30, 2020. Cypherpunk funded the acquisition by liquidating its holdings of Monero (XMR) and…
“# US intelligence is looking at Chinese CBDC as a national security threat ” The U.S. national security apparatus is warning other agencies about China’s coming digital currency. On Wednesday, news outlet the Washington Examiner reported on a letter that National Intelligence Director John Ratcliffe had send Securities and Exchange Commission Chairman Jay Clayton earlier…
“# Crypto users speak out on proposed change to FinCEN Travel Rule ” Since the U.S. Federal Reserve and Financial Crimes Enforcement Network opened a proposed rule to acquire more information on smaller international transactions, many crypto users have labeled the measure as an invasion of privacy. On Oct. 23, the regulatory agencies published a…
“# US Fed researcher says CBDCs should beat Big Tech payments on privacy protection ” Cash usage has lost a ton of ground to digital payments as the pandemic has changed the way people transact worldwide. Some experts have recently argued that central bank digital currencies could solve the problem of leaving that payments data…
“# Privacy coins no more? CipherTrace files patents for tracing Monero transactions ” Crypto analytics firm CipherTrace announced on Friday that it had filed two patents for technology capable of tracing transactions for privacy coin Monero. In a Nov. 20 blog from CipherTrace, the firm stated that the patents would include forensic tools to explore…
“# IMF lawyers argue that central banks need reform before they can issue CBDCs ” On Friday, the International Monetary Fund published a new working paper on central bank digital currencies, or CBDCs, and their legal ramifications. In the paper, researchers including IMF legal counsel Wouter Bossu and Catalina Margulis argue that current frameworks are…