Technology

Secondly, the natural instinct of this slightly-less-dumb capital is to pick projects with defendable moats. Monopolies make great returns for their backers. Duopolies are okay too. But an active market saturated with great teams doing awesome things is just not worth the bother. Large and vaguely strategic investors act as catalysts, unfairly popularising their own
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There were other positive developments this year. From a regulatory perspective in the US, Nevada’s SB220 went into effect on October 1, 2019, requiring businesses to provide notice of a designated email, toll-free number, or website address that allows consumers the right to opt-out of the “sale” of their personal information. In November, Democratic senators
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According to CEO Alex Melikhov, Equilibrium’s EOSDT is now backed by smart contracts that pay out consumers if the dollar-pegged token crashes through its collateralized floor. Much like how America’s FDIC insures consumers’ traditional bank deposits against a run, Melikhov says these smart contracts inject certainty, and stability, in the face of “black swans.”
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The new team would follow a model similar to Square Crypto, a bitcoin-focused entity separate from Dorsey’s fintech unicorn Square. Likewise, the new Twitter entity would focus on open standards for decentralized processes across social platforms, rather than proprietary structures. Although Dorsey didn’t directly associate the disparate efforts, he hinted that the “fundamentals” of blockchain
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Despite having operable smart contract blockchains like Ethereum in production, projects have struggled with product-market fit for decentralized applications in recent years. The industry might simply be too early. If we look back to how “mobile applications” progressed, they didn’t really solidify into a multi-billion dollar business until their infrastructure — smartphones like iPhone and
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While hype surrounding crypto certainly helped drive consumer interest, funding, and innovation in the past, it has also perhaps overshadowed some of the hard business uses to which blockchain is uniquely suited. These advantages include immutability. Blockchain can readily digitize the paper processes once relied upon to share information up and down supply chains. In
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According to a press release, Matthew Brent Goettsche, 37, of Lafayette, Colorado; Jobadiah Sinclair Weeks, 38, of Arvada, Colorado; and Joseph Frank Abel, 49, of Camarillo, California were indicted on charges of conspiracy to commit wire fraud (Goettsche and Weeks) and conspiracy to offer unregistered securities through their participation in BitClub Network, a mining pool 
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After multiple failed attempts, the second largest blockchain in the world by market capitalization executed its sixth system-wide upgrade, also called a hard fork. Dubbed Constantinople, the hard fork was executed as two upgrades, one after the other, in order to patch a critical vulnerability discovered mere hours before the upgrade was scheduled for activation. 
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The idea was in vogue mid-decade until the emergence of ethereum, which was designed specifically for such use cases, and became the go-to launching pad for initial coin offerings, security tokens, non-fungible collectibles and the like. But Liquid, launched in September 2018, has started to make inroads; last week, BTSE announced it was integrating Blockstream’s
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From its founding in 2007 to its members’ apprehension and eventual extradition in late 2016, the Bayrob Group, which operated out of Bucharest, Romania, ran a sprawling hacking and malware operation. They deployed trojan malware in seemingly mundane emails from well-known companies and groups, but when victims attempted to download attachments apparently from Norton, the IRS
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Edge, a San Diego-based startup originally found in 2013 as Airbitz, has partnered with the incumbent Israeli exchange Bits of Gold, the lightning-friendly brokerage Moonpay and several other startups. From the users’ perspective, they may not even need to create an exchange account or enter personal information for small purchases, depending on the jurisdiction. Puey
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