Ransomware Hits Georgia Courts As Municipal Attacks Spread

Almost every month in 2019 so far has seen reports of a local government falling prey to ransomware, but this series of attacks belies an even broader...

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Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
Jul02

Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?

Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive tendencies. Deutsche Bank’s head of strategy Jim Reid recently noted that when central banks are so aggressive, Bitcoin starts to look...

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Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament
Jul02

Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament

On June 28, Bitcoin Cash proponent Javier Gonzalez announced the launch of an interesting protocol called the Bitcoin Mining Parliament (BMP). The theory behind BMP is backed by the concept of Nakamoto Consensus where “miners are the executive power of Bitcoin” and “any needed rules and incentives can be enforced with this consensus mechanism.” Also Read: Iranians Defy Warning and Share Pictures of Bitcoin...

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G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments
Jul02

G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments

The G20 leaders jointly issued a declaration on crypto assets at the end of their summit in Osaka, Japan. They declared their commitments, reaffirmed that crypto assets do not pose a threat to global financial stability, and requested further work done by standard-setting bodies. Also read: V20 Summit Concludes With Promises for Crypto Industry G20 Leaders’ Declaration The G20 leaders’ summit, the largest meeting Japan has...

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Spanish Court Throws Out Copyright Trolling Case
Jul02

Spanish Court Throws Out Copyright Trolling Case

Spanish ISP Euskaltel is one of the few ISPs in the world to be putting up a fight against so-called copyright trolls. These mostly movie-related companies obtain the IP addresses of computers said to be participating in BitTorrent swarms and then apply to the courts to force related ISPs to hand over their customers’ data for further action. This usually takes the form of “pay-up-or-else” letters, demanding hundreds...

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