The clever cryptography behind Apple’s “Find My” feature
Jun07

The clever cryptography behind Apple’s “Find My” feature

Enlarge / The 2018 15-inch Apple MacBook Pro with Touch Bar. (credit: Samuel Axon) When Apple executive Craig Federighi described a new location-tracking feature for Apple devices at the company’s Worldwide Developer Conference keynote on Monday, it sounded—to the sufficiently paranoid, at least—like both a physical security innovation and a potential privacy disaster. But while security experts immediately wondered...

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Russia and Iran Plan to Fundamentally Isolate the Internet

Opinion: Russia and Iran’s decisions to build isolated, domestic internets represent a new form of internet fragmentation—one that is far more physical than what we’ve seen before.

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Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’
Jun07

Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’

There’s been furious debate over the last few years on whether or not Satoshi created Bitcoin to be a peer-to-peer cash system or a purpose-built store of value. Lately, a few BTC proponents claim that Satoshi deliberately built Bitcoin to be a store of value (SoV). Despite the SoV narrative, the cofounder of OB1, Samuel Patt, wrote an in-depth research report uncovering nearly “everything Satoshi ever wrote,” which...

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Blockstream Developers Alleged to Earn $850K Per Year
Jun07

Blockstream Developers Alleged to Earn $850K Per Year

There are perks to working for Blockstream, aside from having to answer to Samson Mow. Developers for the Bitcoin Core software company are alleged to earn up to $850K per year thanks to a “stock option” that sees them paid 20% of their salary in BTC. That BTC is pegged at the price bitcoin was at in 2014, meaning that employees are paid around 85 BTC annually as part of their salary, a bonus of around $700K at current...

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In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
Jun07

In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day

Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India are in the midst of discussing slashing interest rates as well. What is more frightening is the fact that smaller financial institutions...

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