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Google will let regulated businesses advertise cryptocurrency in US and Japan

Sep26
by on September 26, 2018 at 12:47 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


The internet search Goliath that needs no introduction, Google, has just announced that it will loosen its grip on cryptocurrency advertising from next month. In a recent policy update, the Mountain View tech firm revealed that it will allow some cryptocurrency exchanges to advertise. But only in the United States and Japan. “The Google Ads policy on Financial products and services will be updated in October 2018 to allow regulated cryptocurrency exchanges to advertise in the United States and Japan,” the announcement reads. In order to operate legally, advertisers will have to be certified with Google for the specific country…

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India’s Supreme court rules Aadhaar ID program doesn’t violate privacy rights

Sep26
by on September 26, 2018 at 12:02 pm
Posted In: Around the Web, India, Insider


Over the past few years, numerous activists, technologists, and legal experts in India have railed against Aadhaar – the country’s unique identification program for citizens – citing concerns of privacy, overreach, and problematic implementation. Sadly, they’ve been dealt a blow today, as the country’s Supreme ruled that Aadhaar is indeed constitutional and valid. The five-judge bench, which ruled in favor of Aadhaar by 4-1, said that the ID empowers the marginalized section of the society, and it doesn’t violate citizens’ privacy. The ruling follows last year’s landmark declaration from the top court, which stated that Indians have a fundamental right…

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Hackers unleash 2.5M new crypto-jacking scripts in just 3 months

Sep26
by on September 26, 2018 at 11:52 am
Posted In: Around the Web, cryptocurrency, Hard Fork


Security experts have detected 2.5 million new instances of crypto-jacking malware in the second quarter of 2018, according to a report from McAfee Labs. For the record, this marks a staggering 86-percent growth in cryptocurrency-mining malware over the past three months. Most of the new malware originates from older crypto-jacking scripts, according to a new report from McAfee Labs. “Cybercriminals continue to follow the money. Although this statement is familiar, our latest Threats Report clearly shows the migration from certain older attacks to new threat vectors as they become more profitable,” the analysis reads. “Just as in Q1, we see…

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Japan gives Ripple and SBI the green light to launch new payment app

Sep26
by on September 26, 2018 at 11:36 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


SBI Ripple Asia (a collaboration between Japanese tech giant SBI and popular blockchain tech developer Ripple) is getting closer to rolling out its mobile payment app, Money Tap. SBI Holdings announced today that it has received certification from Japan’s Ministry of Finance to process electronic payments. This approval from the ministry means that SBI Ripple Asia can go ahead and launch Money Tap. While Money Tap doesn’t appear to process cryptocurrency-based payments, it does utilize Ripple’s distributed ledger technology (DLT) to manage payments between banks. From June this year, the Japanese government requires businesses, seeking to handle electronic payments, be…

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Smart cities are for the rich — we need to change that

Sep26
by on September 26, 2018 at 10:48 am
Posted In: Around the Web, syndication


Chandigarh, the capital of both India’s Punjab and its neighboring state Haryana, is a very special city. It rose from the ashes of India’s bloody partition. It was designed from scratch as part of a project to give Punjab a new capital after Lahore went to Pakistan’s Punjab during the partition of the country. The city was given its present day shape by legendary architects such as Albert Mayer and Le Corbusier. Today, Chandigarh has been designated to become a smart city. India has an ambitious ‘Smart Cities Mission’. It is essentially a five year program in which all Indian…

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