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“#Singapore plan to use monitoring app on students’ computers sparks privacy fears” SINGAPORE – A Singapore government scheme to ensure children have access to computers for home learning has raised privacy concerns over monitoring software installed on the devices. The scheme, accelerated by the closure of schools last year during the COVID-19 pandemic, offers subsidies…
“# DeFi snowball will turn into a Web 3.0 avalanche ” Decentralized finance has exploded over the past 12 months. The swapping, staking and yield farming successes have been well touted. The DeFi market cap has reached $45 billion, and there’s over $28 billion total value locked in DeFi today. That’s up from $600 million…
“# Hardware wallet for digital yuan debuts in Xiong’an New Area ” A Chinese banking institution has completed the development of a hardware wallet for the country’s central bank digital currency, the digital yuan According to a Feb. 7 announcement by Xiong’an authorities, the Xiong’an branch of the Agricultural Bank of China in Hebei has…
“# Robinhood and GameStop proved we need a new financial system ” King Midas is most famously remembered through the fable we tell our kids that the king could turn everything he touched into gold. At first, it was a great idea that his greed turned even food into gold, leaving him wealthy but unable…
“# Circling back to blockchain’s originally intended purpose: Timestamping ” What was blockchain technology originally intended for? It’s generally presumed that it was created in 2008 by Satoshi Nakamoto as part of his white paper, creating Bitcoin (BTC). Since Bitcoin would be built on decentralized ledger technology, a blockchain needed to be established as the…
“#Church of Satan denounces Big Tech in hilarious tweet” Even Christians and Satanists agree — Big Tech is bad. The Church of Satan is publicly distancing itself from Big Tech — on Twitter, naturally — after the CEO of the controversial social media company Gab claimed the industry is “serving Satan.” “Big Tech does a…
“# Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come ” In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly…
“# Twitter, GameStop… enough! The world needs true decentralization ” GameStop and Twitter are both a mirage and an iceberg — but don’t try tweeting that. Not because you won’t own the tweet (because you won’t), but because the only completely true expression that Twitter is capable of delivering as a platform is unlocking the…
“# The institutionalization of BTC: Mining may be more profitable than buying ” For years, institutional investors have been watching Bitcoin from afar with bewilderment and amusement, but with little to no participation. Although they were attracted by the high returns, they were scared away by Bitcoin’s infancy, lack of rules and the myriad headlines…
“# Russia’s regulatory sandbox and the implementation of blockchain tech ” The main challenge companies face when testing and implementing innovative technologies is the need to amend existing legislation. Developing and testing new products based on distributed ledger technology requires special conditions that are often inconsistent with existing regulations. The solution to this problem would…