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Steve Lee who is a former Google director has been hired as the first member of Square’s new crypto team. Square Inc. is the developer Cash App, a mobile payment service that enables its users to transfer money to one another using a mobile phone app. Despite bitcoin’s price decline of recent, companies are still piling onto the cryptocurrency craze. In January 2018 Cash App followed suit and expanded to support bitcoin trading. Creator of Square, Jack Dorsey made the announcement a...[]
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Coinbase is a renowned digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin with fiat currencies in approximately 32 countries, and bitcoin transactions and storage in 190 countries worldwide. Added to its platform is a Visa debit card service. The Cryptocurrency exchange has now expanded it to six European countries, allowing customers in the region to spend their digital assets. The Visa...[]
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Founded in 1998 by Larry Page and Sergey Brin, Google is the most widely used search engine in the world. People have become so dependent on Google that we search anything and everything -- including serious matters like health-related problems. Sometimes people would rather check Google first before even considering having checked by health professionals. At a certain point, it began to seem as if all knowledge and lots of purchase decisions are determined by Google search and the internet....[]
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Wasabi Wallet, a privacy-centric bitcoin app with the efforts of the community behind it brought together 100 people to collectively execute a “CoinJoin” transaction on bitcoin. This has been regarded as the first of its kind. Wasabi Wallet was launched last year to make CoinJoin transactions easier to use. The ‘bitcoin’ has been right from time, a product of the blockchain. The blockchain in its sense was made to be public hence the transactions therein are seen by all....[]
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The level of patience some hackers possess is quite baffling. After so much trouble to steal funds, they wait a few years before they try to get their hands on the money? After three years of lying dormant, stolen bitcoins have been spotted moving on the blockchain. The theft in 2016 remains unsolved and cost the exchange $60 million. The Bitfinex theft is said to be the largest loss of bitcoins by an exchange since the Mt. Gox hack in early 2014 (worth $350 million). A Twitter account with Twi...[]
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This headline spells some form of confusion but actually turns out to be a smart decoy or chivalric act by the Komodo owner. The Cryptocurrency wallet developer, Komodo effectively hacked its own customers to avert an attack that could have resulted in the theft of funds worth nearly $13 million. A first report by ZDNet had fueled a blog post from the npm JavaScript package repository, that revealed there was a security system alert raised about a backdoor on June 5 that could have been used by...[]
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Early last month, sources on social media had hinted Facebook’s plan in developing its own cryptocurrency payments system. According to a report seen by the Wall Street Journal at the time, “Project Libra’ (as it was code-named) was to brandish Facebook's ‘FBcoin’ the center of a new network. Also reported last month was that Facebook will formally launch GlobalCoin in 2020 and is planning to start trials by the end of this year. However, recent news has cleared up...[]
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This bone of contention could just be given a yes or no answer. But we’ll look at it from different angles- the internet could make one smarter or it could have not much of a difference on one’s smartness. These two views come up because no phenomenon can have just one effect no matter its intended purpose for existence. Answering the question of whether the internet makes us smarter requires us to define what it means to be smart or intelligent. To be smart or intelligent as regard...[]
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Blockport is a cryptocurrency exchange based in the Netherlands. According to a filing reported by The Next Web, the official operating entity, Blockport BV, was declared bankrupt in a court in Amsterdam on May 21. Recent news following their bankruptcy declaration has it that the exchange has been forced to close due to a lack of operating capital. Interestingly, this is not a shutdown of defeat as they vowed to come back. The platform officially ceased services at the end of May, and made the...[]
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Technologyhas changed the way we do almost everything and even more affected the way we live. In our work, the learning process, interpersonal interactions, and then the issue at hand- that it has also changed the way we read. We can say for a fact that Technology has availed a modern way for our brains to import and process information. Reading To be on the same page of what reading is we’ll define it as ‘looking at and comprehending the meaning of written or printed matter by...[]
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