Facebook ‘Too Powerful’ to Run Libra Without Rules, Says Democratic Senator

Mark Zuckerberg

2019-6-22 16:38

By CCN Markets: Facebook has too much power to engage with a cryptocurrency, a United States senator has warned, days after the social media giant launched Libra. Sherrod Brown, a Democratic senator from Ohio, told Bloomberg TV that the public has increasing concerns around the social network.

Facebook is too big and too powerful. I don’t know that people would have said that two or three or five years ago, but the public increasingly believes they’re too big and too powerful, particularly to engage in a risky cryptocurrency. Running a cryptocurrency system out of a Swiss bank is a big

The post Facebook ‘Too Powerful’ to Run Libra Without Rules, Says Democratic Senator appeared first on CCN Markets

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Источник: ccn.com

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This Gallery Is Selling Indigenous Australian Art for Bitcoin

Things you can buy with bitcoin: AT&T’s services, airfare, pretty much anything using gift cards through Bitrefill, pizza, drugs (duh) and now, Indigenous Australian art.

2019-5-29 23:15	Investing
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Messari Founder Goes Inspector Blockchain, Talks About Ripple’s Fact Manipulation in Q1 Report

It is no secret that Ripple is a controversial company. Despite being one of the most powerful players in the blockchain industry, it is often in the middle of problems as it is accused of being too centralized all the time.

2019-4-26 03:03	Ripple (XRP)
ripple being blockchain problems middle xrp industry

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OnMiners’ “Powerful New Mining Rigs” Are Too Good To Be True

In early March, Luxembourg-based technology company OnMiners unveiled a line of powerful cryptocurrency mining rigs. The startup revealed in a press release that it has developed a three-rig line of miners, which it claims showcase the highest hashrate currently available in the market.

2019-3-27 00:00	Scam
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Will This Vulnerability Finally Compel Bitmain to Open Source Its Firmware?

As if Bitmain’s year hasn’t been rough enough, having posted big losses and laying off entire departments, its flagship product now has a firmware vulnerability. A few weeks ago, Bitcoin Core contributor James Hilliard discovered an exploit in Bitmain’s S15 firmware.

2019-2-21 23:44	Mining
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2018 proved that computer vision is the most powerful manifestation of AI

You probably use computer vision every day and don’t even think about it. Enjoy checking out the latest Snapchat filters? That’s computer vision. Unlock your iPhone with your face? That’s computer vision, too.

2018-12-26 02:00	Tech
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How social media dilutes scientific discoveries into clickbait

When news breaks – whether the story of a disease outbreak, a terrorist attack, or a natural disaster – people increasingly turn to the internet and social media. Individuals use Twitter and Facebook as primary sources for news and information.

2018-12-15 17:30	Tech
media social story editors like print broadcast

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Op Ed: Bitcoin Is a Declaration of Our Monetary Independence

Nick Spanos is an early adopter and innovator in the blockchain space. He is best known for launching Bitcoin Center NYC, the world’s first live cryptocurrency exchange, in 2013, right next to the New York Stock Exchange — as immortalized in the Netflix documentary “Banking on Bitcoin.

2018-12-15 21:43	Adoption & community
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Battle of the Privacycoins: What We Know About Grin and Beam’s Mimblewimble

Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited.

2018-10-2 17:27	Privacy & security
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Study Argues Tether Wasn't Used to Prop Up Bitcoin Price

Published a month before a report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues new tokens to manipulate bitcoin's price, another academic study has come to light that challenges this theory.

2018-9-25 20:35	Investing
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New Study Argues Tether Wasn't Used to Prop Up Bitcoin Price

Following an earlier report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues new tokens to manipulate the bitcoin price, a new report has emerged debunking this theory.

2018-9-24 20:35	Investing
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We used Google Arts & Culture’s selfie app to make the internet’s Shit Museum

Ever have one of those weeks where you feel like everything is going wrong in the world? Us too. The planet is melting. There are powerful idiots all over the world with their greasy fingers hovered over big red doom buttons.

2018-9-9 17:47	social media
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The internet has become information chaos

A simple search on Google or a scroll through Facebook will reveal hundreds of contrasting posts and articles about any subject imaginable. The internet has become cluttered with too many opinions and an overload of information.

2018-7-18 22:18	Contributors
people internet contrasting any opinions imaginable information

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“No Grounding In Reality”: BIS Report Tells A Strange Crypto Story

Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.

2018-6-20 22:29
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