Greylock and MLT are trying to diversify tech’s wealth cycle

Greylock and MLT are trying to diversify tech’s wealth cycle

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WiFi Hacking Mr. Coffee

WiFi Hacking Mr. Coffee

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You wake up on a Sunday, roll out of bed, and make your way to the centerpiece of your morning, the magical device that helps you start your day: the coffee machine. You open the companion app, because everything has an app in 2020, and select a large latte with extra froth. As you switch…
Satoshi Nakaboto: ‘Grayscale now owns 2.5% of Bitcoin’s total supply’

Satoshi Nakaboto: ‘Grayscale now owns 2.5% of Bitcoin’s total supply’

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Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Kierkegaard used to say: Crack open this tasty lobster! Bitcoin price We closed the day, September 27 2020,…

Negotiating with Ransomware Gangs

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Really interesting conversation with someone who negotiates with ransomware gangs: For now, it seems that paying ransomware, while obviously risky and empowering/encouraging ransomware attackers, can perhaps be comported so as not to break any laws (like anti-terrorist laws, FCPA, conspiracy and others) ­ and even if payment is arguably unlawful, seems unlikely to be prosecuted.…
Satoshi Nakaboto: ‘88% of all Bitcoin has been mined’

Satoshi Nakaboto: ‘88% of all Bitcoin has been mined’

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Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Kierkegaard used to say: Crack open this tasty lobster! Bitcoin price We closed the day, September 27 2020,…
Stop us if you’ve heard this one before: crypto exchange cracked, bitcoin burgled

Stop us if you’ve heard this one before: crypto exchange cracked, bitcoin burgled

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A cryptocurrency exchange called KuCoin says it has been cracked, with over $100m of assets misappropriated. The Register last covered KuCoin when it mentioned by the Bitcoin-burgling hackers who hacked a bunch of prominent Twitter users. The Seychelles-based outfit, founded in 2017, proudly boasts of its venture capital backers who clearly admire its services facilitating…
Bitcoin, Central Bank Digital Currencies, and the Future of Money

Bitcoin, Central Bank Digital Currencies, and the Future of Money

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Decrypting the most powerful trends in cryptoBitcoin is the monetary base of the Internet. Unlike national currencies, new bitcoins are created by a fixed and finite supply.¹ In an era of unprecedented monetary expansion Bitcoin’s value proposition is unique. There will only be 21 million bitcoins amid increasing trillions of dollars, pesos, yuans, etc.In the…
Hal Finney’s Proposal for Optimizing Bitcoin to Be Enabled in Bitcoin Core

Hal Finney’s Proposal for Optimizing Bitcoin to Be Enabled in Bitcoin Core

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news Bitcoin Nick Chong Sep 23, 2020 Bitcoin's Tepid Price Action in September Is Historically Normal Bitcoin has stalled after reaching $12,500 just weeks ago. This correction is not abnormal, though, as Bitcoin has historically retraced during September.
The IRS Sets a Trap for Cryptocurrency Tax Cheats

The IRS Sets a Trap for Cryptocurrency Tax Cheats

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Cryptocurrency holders, beware: A surprising change to your 2020 tax form is about to strip away excuses for ignoring the tax rules on bitcoin, ether or other digital currencies. The Internal Revenue Service plans to alter the standard 1040 form by putting this question on the front page: At any time during 2020, did you…
Platinum may be a better bet than gold right now

Platinum may be a better bet than gold right now

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New York (CNN Business)Gold prices have soared more than 20% in 2020, and they hit a new record high earlier this year. Silver and palladium are surging, too. But platinum prices are down almost 15% …
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