By now I’m assuming we all have a fundamental understanding of what Bitcoin is: digital money regulated and distributed with encryption techniques, stored on a ledger independent of a centralised bank. Something like that. Maybe go here for a better explanation.OK, that’s good. That’s how a human being might explain Bitcoin. Here’s how an AI …
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How mobile money could help the world’s poor
This story is part of “Follow the Money,” a look at how digital cash is changing the way we save, shop and work. John Kunze walked into a check-cashing store along Lexington Avenue in Manhattan a few months ago. It had red neon signs in the windows, cold fluorescent lights and a loop of muzak piping through the speakers. He …
Read More »NY official wants bitcoin exchanges to explain themselves
New York Attorney General Eric T. Schneiderman on Tuesday launched a fact-finding inquiry into the policies and practices of 13 platforms used by consumers to trade virtual currencies like bitcoin and ether. Cryptocurrency exchanges match buyers and sellers of virtual currencies. As part of the attorney general’s inquiry, his office sent questionnaires asking the exchanges to explain how they operate …
Read More »Twitter joins Facebook, Google in banning cryptocurrency ads
Twitter has confirmed a report that it’s joining Google and Facebook in banning advertisement on its site for cryptocurrencies like bitcoin. As part of its commitment to “ensuring the safety of the Twitter community,” the social media site is adding a new policy prohibiting the advertisement of initial coin offerings and token sales, a Twitter representative said Monday in an …
Read More »Google banning cryptocurrency, ICO ads
Google is the latest company to crack down on advertising for cryptocurrencies. The search giant said Tuesday it will revise its ad policies in June to restrict ads for cryptocurrencies and related information, such as initial coin offerings, cryptocurrency exchanges and wallets and cryptocurrency trading advice. That ban goes for both ads on Google’s own website and sites Google serves …
Read More »Halsey Minor’s VideoCoin raises $35M for blockchain service, scraps ICO
Longtime tech entrepreneur Halsey Minor has a plan for tapping into all those idle servers — think of them as “zombie” computers — sitting in data centers and having them process, store and distribute video. And he says that plan will cost far less than rival services from Google and Amazon. Oh, and he’s come up with a way for …
Read More »Ryan Gosling isn’t a graphic designer for a cryptocurrency is he?
On the face of it MIROSKII looks like any normal initial coin offering for a brand new cryptocurrency. Buzzwords, “banking without bankers”, a team of cryptocurrency experts working together on a new piece of ground breaking technology. Great stuff. But then you scroll down its list of advisors and notice something a bit weird. Is that… Ryan Gosling? Meet Kevin …
Read More »SikurPhone is first phone with built
Are you paranoid about security and sitting on a cryptocurrency fortune? Brazilian company Sikur unveiled a phone with a built-in cryptocurrency wallet at Mobile World Congress in Barcelona on Tuesday that might be just right for you. The SikurPhone is the successor to Sikur’s GranitePhone, which it launched two years ago at the show. It offers the same supposedly “impenetrable …
Read More »Our Mobile World Congress preview show (The 3:59, Ep. 358)
On this podcast, we talk about: Expectations for the Mobile World Congress show, which starts next week. Samsung is planning to reveal its newest flagship phone there. Also ahead of MWC, what’s next for 5G. The latest on cryptocurrencies. Steven Seagal backs a new coin, and CNET chats with “Free Money” guy Matthew Lesko about the crypto bubble. Now playing: Watch this: Our …
Read More »How to stop websites from using your computer to mine Bitcoin (and more)
Mining cryptocurrencies is a great way to earn small amounts of residual income (that could possibly be worth much more in the future). This is becoming an alternative revenue source some websites (and people with more nefarious intentions) are banking on. Salon.com, for example, is giving readers the option to opt out of advertisements in exchange for letting the site …
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