By CCN Markets: Elon Musk never said that self-driving was going to be easy. The Tesla CEO was featured in an interview at the 2019 Electronic Entertainment Expo with Geoff Keighley and video game designer Todd Howard in Los Angeles. Musk confronted everything from games inside Tesla vehicles to space travel to the speed of light. He didn’t shy away from the topic of self-driving, even though the company’s autonomous business has been the source of headaches or at least stock price pressure. Autonomous Speed Bumps Elon Musk admitted that there are speed bumps, saying the Tesla simulation team has
The U.S. Federal Bureau of Investigation (FBI) has questions in its ongoing investigation into the mysterious $ 190 million collapse of Canadian crypto exchange QuadrigaCX, so it’s turning to previous customers of the exchange for answers.
Yesterday, the agency posted a questionnaire on its website requesting responses from QuadrigaCX victims. In cooperation with various departments of the U.S. government, the FBI opened a probe into QuadrigaCX in March amidst swirling legal troubles.
“… responses are voluntary but would be useful in the federal investigation and to identify you as a potential victim,” the questionnaire reads. “Based on the responses provided, you may be contacted by the FBI and asked to provide additional information.”
The long list of cryptocurrency exchange hacks tells the story of one of the Bitcoin industry’s biggest problems to date: Custodial exchanges are a big target for attackers and a centralized point of failure for those that rely on them. Just this year, about $ 200 million worth of cryptocurrency became inaccessible when QuadrigaCX’s CEO passed away, while Binance last month revealed it lost 7,000 bitcoin when its servers were hacked, a loss valued at over $ 40 million at the time. Over the past decade, a staggering estimate of $ 1.4 billion worth of crypto has been stolen or about 8 percent of all bitcoin in circulation today.
News dropped last August that Starbucks (SBUX) was partnering with Microsoft (MSFT) and Intercontinental Exchange (ICE), the parent of the NYSE, to launch Bakkt, a new cryptocurrency exchange designed for institutions. At the time, it was widely speculated that Starbucks would soon begin to accept bitcoin (BTC) as a form of payment, but the idea was soon […]
San Francisco-based crypto giant Coinbase is reportedly looking to add staking and governance solutions for its crypto custodial services According to a recent report by The Block, Coinbase has hired Luke Youngblood, formerly a principal solutions architect at AWS, to head up the development of the new staking and governance products. The report, which cites […]
Interacting with blockchain networks is still unwieldy — a barrier to entry that is high enough to deter most passive users and hold back mass adoption. This is the exact problem that Comet, a web browser wallet that enables users to run dapps on the VeChainThor (VTHO) blockchain, is hoping to solve. How we’re bringing blockchain […]
Binance CEO Changpeng “CZ” Zhao jumped on Periscope yesterday to conduct his first live Q&A, fielding questions from the crypto community. While there was significant focus on Binance’s upcoming decentralized exchange, perhaps the most notable aspect of the Periscope Q&A was when CZ revealed that he is interested in a partnership with Ripple to use its cross-border payment platform, xRapid. “We’re […]
A social media campaign for positive cryptocurrency regulation in India has passed 100 days with growing support from the community. Despite the ongoing banking restriction imposed by the country’s central bank, local crypto exchanges are reporting increased volumes and optimism about the upcoming regulation.
Campaign for Positive Crypto Regulation
Friday marks the 100th day of a Twitter campaign for positive cryptocurrency regulation for India. The CEO of local crypto exchange Wazirx, Nischal Shetty, began his campaign on Oct. 31 last year, coinciding with the 10th anniversary of Satoshi’s whitepaper. Each day he tweets to lawmakers urging them to introduce positive regulation for India using hashtags “Indiawantscrypto” and “Isupportcrypto.”
As U.S. federal workers set their alarms last night for the first time in over five weeks since the government shutdown, Trump already dampened their spirits. They may be going back to work today, but once the three-week government funding lapse passes, all bets are currently off. In an interview with the Wall Street Journal on Sunday, president Trump said that he honestly didn’t believe the delicate issue of immigration and funding for his wall could be decided upon in three weeks: “I personally think it’s less than 50-50.” Trump’s pessimistic comments will do little to sooth the 800,000 federal
Bram Cohen, the visionary computer programmer who created peer-to-peer file sharing protocol BitTorrent and the company of the same name, is no longer involved with the project following its sale to Tron and subsequent launch of a crypto token. He wants to make sure that you know that. Bram Cohen to Everyone: I’m Not Involved
The post BitTorrent’s Creator Wants You to Know He’s Not Involved with Tron’s Crypto Facelift appeared first on CCN
Completing a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital currency, the petro. The socialist government in Caracas says there is enough money and materials to fulfill the main objective of the “Great Housing Mission.”
Minister Urges Construction Companies to Accept Petro
The Venezuelan Ministry of Housing is now joining forces with other government institutions to revive a state-sponsored program focused on the building of new apartment blocks for the masses. The leftist administration of President Maduro hopes to boost Gran Misión Vivienda Venezuela (GMVV) using the oil-backed national cryptocurrency, the petro.
South Korea’s blockchain association intends to lobby the authorities in the city of Gwangju to turn the urban area into a ‘specialized Crypto-Valley District.’ According to the Korea Blockchain Enterprise Promotion Association (KBEPA), turning South Korea’s sixth-largest city into a cryptocurrency hub will create numerous jobs. To achieve this the blockchain body, which was founded
The post South Korea’s Blockchain Body Wants 6th Largest City Turned into Crypto Hub appeared first on CCN
Having acquired Earn.com in April, Coinbase has launched the first product out of that relationship. Dubbed “Coinbase Earn,” a resource page where crypto lovers can learn more about cryptocurrencies trading on Coinbase and get rewarded with tokens. The announcement, which was published on its blog, marks the 10th day of its 12 Days of Consecutive Announcement,
The post Coinbase Wants You to Earn Crypto While Learning About Crypto appeared first on CCN
Blockchain platform TRON announced today its plans to establish a $ 100 million fund known as “TRON Arcade.” The fund is the fast-rising network’s newest effort to drive higher adoption of its platform and to finally unlock the gaming sector, which is worth billions, for blockchain technology. Until this point, the blockchain-based gaming field has experienced
The post TRON Arcade Wants to Break Open the Gaming Industry for Blockchain appeared first on CCN
Telecom giant AT&T has filed a blockchain-oriented patent application to “map” social media histories. Titled “Blockchain-Based Social Media History Maps,” and published on Thursday, it describes a system of tracking social media history “on behalf of” subscribers. Presumably, such a service would be most useful to employers and prospective employers. AT&T Eyes Blockchain for Social
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Gamers invest considerable sums in the GPU chips that power their computers. However, even the most hardcore “Fortnite” player will leave his or her gaming rig on idle for a significant chunk of each day while they go to work, attend school, or — at the very least — sleep. Hardware manufacturer Razer says that
The post Razer Wants Gamers to Mine Cryptocurrency Using their Idle GPUs — But You Probably Shouldn’t appeared first on CCN
The Dutch Central Bank, De Nederlandsche Bank, wants to regulate crypto companies by requiring them to get licenses in order to operate. The bank claims the measure will deter money laundering and the use of cryptocurrencies to fund terrorism, according to a short brief in Dutch daily newspaper De Telegraaf. To qualify for a license, crypto
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A member of the British Parliament wants UK residents to be able to pay their local taxes and utility bills using bitcoin. Eddie Hughes, a conservative MP (member of Parliament) for the Walsall North constituency, said this would be a great first step toward mainstream adoption of crypto. Hughes said it’s time for other members … Continued
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Tron founder Justin Sun has thrown a jab at Ethereum and EOS, announcing on Twitter that the company wishes to create a fund to “rescue” dApp developers working on both platforms on the condition that they move their dApps to the Tron network. #TRON will build a fund to rescue #ETH and #EOS developers from
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The United States Department of Homeland Security has announced its intention to develop a monitoring framework to effectively track Zcash and Monero transactions through enhanced forensic analytics capabilities. In a newly released document, the DHS reveals that it aims to achieve this by designing “a product to support the implementation of block chain based forensics, data analysis,
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