The rise of tech-worker activism
Video by Chris Schodt, production by Justin Wolfson. (video link) In this episode of Ars Technica Live, we spoke with Leigh Honeywell, a security engineer who has worked at several large tech companies as well as the ACLU. She’s been at the forefront of worker organizing in the tech industry, organizing protests against data-driven profiling and founding Hackerspaces in both Canada and the United States. Recently, she founded...
Indian Government Confirms Cryptocurrency Regulation in Final Stages
The government of India has told the country’s supreme court that the committee tasked with drafting crypto regulation is in the final stages of deliberations. The court plans to hear the petitions against the banking ban by the central bank after the government produces crypto regulation. Also read: Indian Supreme Court Gives Government 4 Weeks to Produce Crypto Regulation Crypto Regulation in Final Stages The Indian supreme...
America’s Signature Bank to Offer Services to Bermuda Crypto Companies
U.S. commercial bank Signature will start to offer a full range of banking services to licensed fintech companies in Bermuda, including those in the digital asset industry. The bank has reached an agreement with the government to provide the service, moving in to fill the gap left by local banks, which have been reluctant to deal with the island nation’s growing fintech community. Also read: Auction of Seized Bitcoin Draws...
Economics Professor on Ripple Board Misrepresents Bitcoin During Stanford Lecture
A Stanford student has submitted a letter of complaint to the Graduate School Board stating that a resident economics professor grossly misrepresented Bitcoin during a guest lecture on blockchain and the future of finance, while openly promoting Ripple as a better alternative. Also read: Warren Buffett Calls Bitcoin a Delusion – But an Ingenious One Questionable Academic Integrity When Stanford student Conner Brown entered a...
Business Owner’s Seething Critique of the Lightning Network Goes Viral
A business owner who runs a media company in Australia and pays employees remotely in the Philippines has given his honest opinion on what it’s like to use the Lightning Network (LN). Jason Smith’s experience of attempting to use LN for payments was filled with frustration. He reports that the fundamental structure of the offchain solution is riddled with problems. Also Read: Report: Lightning Network Still Way off Being...
