China is looking to bring its highly-controversial social credit system to the metaverse. Per Politico, a set of proposals issued by one of China’s state-owned telecom firms China Mobile aims to create a “Digital Identity System” for any and all users of online virtual worlds. China has been slowly but surely implementing its controversial social credit score system—a scheme to…
Let’s do a simple exercise, shall we? Try to imagine a world where innovations in banking, finance, power, medical services and social media are the best they have ever been. One where these industries and several others are powered entirely by unbreakable, difficult-to-hack-or-crack streams of data. A world where this kind of superpowered data is run by powerful algorithms, and…
Sweden has welcomed a hydro-powered Bitcoin (BTC) mining data center. Genesis Digital Assets Limited (GDA), a mining and data center company with over 400 MW of power generation worldwide has made a opened a new data center in Sweden, driven by the country’s burgeoning renewable energy surplus. The new operation is located in the far North of Sweden, where hydroelectric…
The Worldcoin cryptocurrency project has run into another roadblock, this time in Kenya where the government has formed a 15-member parliamentary committee to investigate the controversial asset. The Kenyan government formed a 15-member parliamentary committee headed by Narok West MP Gabriel Tongoyo to look into the controversial crypto project, reported a local daily. The parliamentary committee has 42 days to investigate…
Bitcoin traders are truly “spooked,” and sentiment crashes harder than BTC price as the shake-up from last week’s losses continues. Source: https://cointelegraph.com/public/index.php/news/btc-price-fear-svb-5-things-bitcoin-this-week
The Federal Republic of Somalia is the latest country to ban cryptocurrency-friendly messaging app Telegram, alongside TikTok social media app and the online-betting site 1XBet. Somalia’s Ministry of Communications and Technology (MOCT) officially announced on Aug. 20 that the government is shutting down Telegram, TikTok and 1XBet. On Sunday, MOCT minister Jama Hassan Khalif held a meeting on telecommunications and…
Cryptocurrency hardware wallets have emerged as a trusted solution for securing digital assets against online threats. However, even these seemingly impenetrable devices are not immune to attacks. Side-channel attacks, which exploit unintended information leakage from the physical implementation of a system, pose a significant risk to the security of cryptocurrency hardware wallets. This article will delve into the world of…
beginner The cryptocurrency landscape is ever-evolving, and the recent buzz around Reddit’s MOONs and BRICKs is a testament to this dynamic nature. With Kraken’s recent listing of these tokens, both for spot and futures trading, the intrigue around them has surged. But what exactly are these tokens, and why are they garnering such attention? Hello, I’m Zifa. For the past…
Google, the parent company of YouTube, responded to a report that suggested YouTube advertisers are sourcing data from children viewing videos on the platform. On Aug. 18, a day after the report surfaced, Google posted a blog reinstating its “strict privacy standards around made for kids content,” which is content marked on YouTube that is created to be viewed by…
An extremely lucky Bitcoin miner has just landed the full 6.25 Bitcoin reward after beating the odds to solve block 803,821. The event occurred on August 18, with the miner using the Solo CKpool mining service. In fiat terms, the miner, identified as bc1q2za4ejga366sn288273pty8trasn5zs4y9hqg6, earned roughly $160,00 in current prices minus 2% fee, which is kept by the mining pool.…
