Singapore Blockchain Innovation Program Kickstarts with $12M from Government

2020-12-7 16:44



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ICE is on the hunt for a new DevOps company thanks to a software engineer’s protest

Open-source technology company Chef has finally decided having a relationship with the US government isn’t worth alienating the developer’s community it thrives on. After spending nearly a week defending its decision to continue working with ICE and CBP, CEO Barry Crist today announced the company would not renew those contracts in the future.

2019-9-24 00:03


U.S. Treasury Yields Continue to Surge as Mnuchin Considers “Dangerous Temptation”

U. S. government debt yields rose on Thursday after core inflation exceeded analysts’ estimates, signaling that the economy is performing better than previously feared. The inflation report seemed to strike a delicate balance on Wall Street: Firming expectations about the domestic economy without compromising the Federal Reserve’s plans to lower interest rates next week.

2019-9-13 00:00


Amazon’s facial recognition mistakenly labels 26 California lawmakers as criminals

As government agencies continue to push for the deployment of facial recognition systems, you needn’t look far to see why that’s bad news. To illustrate the point, the ACLU conducted a test of Amazon’s Rekognition software — facial recognition tech currently being used by US law enforcement — in which it incorrectly identified 26 California lawmakers as matches in a criminal database.

2019-8-14 02:13


Libra is idealistic, progressive, aggressive in its technological vision but will it continue to be so?

Facebook’s entry into the crypto race, with Libra, received a lot of flak after its whitepaper release due to its previous ties with data and privacy concerns with the U.S. government. Being aware of this, the social media giant has (so far) unsuccessfully tried to promote Libra as an independent project, as it was difficult for […] The post Libra is idealistic, progressive, aggressive in its technological vision but will it continue to be so? appeared first on AMBCrypto.

2019-7-8 23:30


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Facebook Pushes on with Cryptocurrency Recruitment Despite Libra Project Criticism

Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the world of cryptocurrency payments.

2019-6-25 15:00


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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

2019-6-4 19:03


Even Fed Chair Powell is Freaked out by Alexandria Ocasio-Cortez’s Money-Printing Scheme

Even the U. S. Federal Reserve thinks Alexandria Ocasio-Cortez needs to cool it with all the money-printing schemes. CNBC reports: “An increasingly popular theory espoused by progressives that the government can continue to borrow to fund social programs such as Medicare for everyone, free college tuition and a conversion to renewable energy in the next decade is unworkable, Federal Reserve Chairman Jerome Powell said Tuesday.

2019-2-27 02:16