The Low Threshold for Face Recognition in New Delhi

Police in India’s capital say they only require an 80 percent accuracy rate for matches, raising new alarm bells for civil liberty advocates. Powered by...

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Russian Caught Mining Crypto in Covid-19 Clinic
Aug22

Russian Caught Mining Crypto in Covid-19 Clinic

An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at the premises of a Covid-19 hospital. The man minted digital currencies using stolen electricity for almost a year before law enforcement busted his crypto farm. Altai Resident Apprehended for Running Underground Crypto Mining Operation An employee of the republican hospital in Gorno-Altaisk, the...

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Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship
Aug22

Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship

The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by interacting directly with smart contracts, blacklisted addresses would not be able to transact or operate in the base layer. Incoming Merge Event Triggers Worries in Crypto Circles The Merge,...

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Brazilian Crypto Investment Platform Bluebenx Backpedals on Hack Reports, States It Was Victim of a Listing Scam
Aug22

Brazilian Crypto Investment Platform Bluebenx Backpedals on Hack Reports, States It Was Victim of a Listing Scam

Bluebenx, a Brazilian crypto company that recently stopped customer withdrawals, has changed its story regarding the causes which took it to take that measure. While the exchange issued an email statement informing customers it had been the victim of a vicious hack, now the company states the liquidity problems were the consequence of a listing scam. Bluebenx Switches Versions Regarding Liquidity Issues Brazilian crypto investment...

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World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown
Aug22

World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown

The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches zero. Largest Ether Mining Pool to End PoW Ethereum Mining — Ethermine Ethereum Mining Pool Will Switch to Withdraw-Only Mode After the Merge According...

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