Search results for "blockchain"

Ethereum analyst pleads guilty to conspiring against U.S. sanctions

Famous Ethereum researcher Virgil Griffith was sentenced to 20 years in prison for assisting the North Korean government in eluding U.S. sanctions during a blockchain conference, jeopardizing American coercion on the Democratic People’s Republic. The researcher gave an admittance of guilt for colluding to break the International Emergency Economic Powers Act, strictly preventing the export […]

CEO of Epic speaks up on NFTs

If you were hoping to see Fortnite NFTs some time in the near future, we have some bad news for you.  Earlier this week, Tim Sweeney, CEO of Epic Games tweeted that the company won’t be diving into the NFT world, as Sweeney believes the space’s problem with scams and hacks will act as a huge barrier.  After the tweet caught […]

Far-right cryptocurrency follows ideology across borders

The Daily Stormer website advocates for the white race, posts hate-filled, conspiratorial screeds against Blacks, Jews and women and has helped inspire at least three racially motivated murders. It has also made its founder, Andrew Anglin, a millionaire. Anglin has tapped a worldwide network of supporters to take in at least 112 Bitcoin since January […]

Australia’s tech industry is falling behind, report finds

As the world’s top technologically driven nations continue to transform innovative concepts into a reality, Australia risks falling behind without an interest to invest in digital technology-based research, IT professionals, and workers. That is according to a new report published by the Australian Academy of Science in collaboration with the Australian Academy of Technology and […]

Insider NFT trading scheme on OpenSea platform

Famous Non-Fungible Tokens (NFT) crypto marketplace OpenSea reported on Wednesday that one of its leading executives has been exploiting the platform’s insider information to cannily market digital collectibles from his wallet.  OpenSea disclosed that one of its employees was indulging in a trading scheme conducted by utilizing private crypto wallets to buy and sell NFT collectibles on its site and revealed that […]

FACT FOCUS: Walmart quashes cryptocurrency partnership claim

Walmart denied any partnership with the digital currency Litecoin after a fake news release led to a brief flurry of inaccurate reports from national news outlets and social media users on Monday. A news release claiming a partnership between Walmart and Litecoin is “not real,” according to Walmart spokesperson Molly Blakeman. Charlie Lee, creator of […]

Early stumble as El Salvador starts Bitcoin as currency

El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, but the rollout stumbled in its first hours and President Nayib Bukele said the digital wallet used for transactions was not functioning. For part of the morning, El Salvador’s president became tech support for a nation stepping into the world of cryptocurrency. […]

Bitcoin brings hopes, doubts for Salvadorans sending money

El Salvador is betting that this week’s pioneering adoption of Bitcoin will spur its economy, especially one of its most crucial sources of revenue: money sent home by Salvadorans in the United States. A fervent proponent of the cryptocurrency, President Nayib Bukele has asked the more than 2 million Salvadorans who live overseas to send […]

Cuba to recognize and regulate cryptocurrencies

Cuba’s government said Thursday it will recognize — and regulate — cryptocurrencies for payments on the island. A resolution published in the Official Gazette said the Central Bank will set rules for such currencies and determine how to license providers of related services within Cuba. The popularity of such currencies has grown among a technologically […]

GIS cybersecurity: The geospatial approach and its importance

What do automation, digitization, and virtualization have in common; They all take place in the proverbial cyber-sphere. What is less obvious to modern consumers is how much technology will infiltrate our physical world in the future. We are seeing self-driving cars, buses, and trains populating the coming decades, financials are increasingly becoming cashless and contactless, […]