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Google, the search giant which has made its business to make money off our digital habits, is getting serious about privacy. The company, at its annual Google I/O developers conference yesterday, announced a number of fancy software updates, in addition to unveiling new hardware like Nest Hub Max and cheaper versions of its Pixel smartphone. But it also made it a point to bang the privacy drum repeatedly, stating how these features have been built keeping individuals’ privacy in mind. The message not only acknowledges the current privacy conundrum that has crippled big tech, but also runs antithetical to the…
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Google held its annual developer conference yesterday, and it announced tons of cool stuff including new budget pixel devices, Android Q, better privacy controls, and new search features. Here’s a summary of some amazing stuff the company unveiled: New Pixel mid-range phones Google introduced a couple of budget handsets for the first time after it discontinued the Nexus series in 2016. The Pixel 3a and the Pixel 3a XL are similar to their flagship cousins from last year, with the same excellent primary camera, but with stripped-down internals. The company is banking on the promise of regular software updates and…
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News surfaced yesterday that the wife of Craig Wright, the man famous for claiming to be Satoshi Nakamoto, has supposedly lost $3 million worth of Bitcoin following a series of trading mishaps. In court documents from April – spotted by Trustnodes – Ramona Ang claims to have lost the Bitcoin after her trading account on UFX – run by Cyprus-based fintech firm Reliantco – was suspended and closed. Wright’s wife invested in leveraged Bitcoin futures on UFX between January and May 2017, and during a second period between July and August 2017. Ang initially invested around $200,000, which grew to…
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The head of cryptocurrency exchange Binance responded to a 7,000 BTC ($40 million) hack with an outlandish idea: take over the entire Bitcoin blockchain and cancel the transactions. A major digital asset exchange openly colluding with cryptocurrency mining pools to reverse transactions would certainly be bad for PR. It would also critically undermine Bitcoin‘s primary value proposition: that it’s transactions are effectively immutable and censorship-resistant. Binance CEO Changpang Zhao conceded this reality by announcing he’s dropped the idea after consulting with advisors, among them Jihan Wu of the infamous cryptocurrency mining firm Bitmain. “One, we may damage credibility of Bitcoin,” Zhao…
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