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US government knows you’re buying opioids with Bitcoin — and it doesn’t like it

Aug22
by on August 22, 2019 at 11:20 am
Posted In: Around the Web, cryptocurrency, Hard Fork


The US government has released a series of advisory notes, one of which specifically looks at the role played by cryptocurrencies in the buying and selling of illegal substances such as fentanyl. Published on Wednesday, the advisories are focused on four facets of illegal drug trafficking: manufacturing, marketing, movement, and money. The money advisory states that “convertible virtual currencies,” such as Bitcoin, Bitcoin Cash, Ethereum, and Monero can be used to buy and sell drugs online. Directed at financial institutions and the private sector in a bid to tackle the trade of illicit substances, the note said: “The United States is in the midst…

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Google, Intel, and Microsoft partner to improve cloud security

Aug22
by on August 22, 2019 at 10:50 am
Posted In: Around the Web


Some of the biggest names in tech have banded together in an effort to promote industry-wide security standards for securing data in use. The initiative — dubbed Confidential Computing Consortium (CCC) — has Alibaba Cloud, Arm, Baidu, Google Cloud, IBM, Intel, Microsoft, Red Hat, Swisscom, and Tencent as its founding members. It was formally launched yesterday at the Linux Foundation’s Open Source Summit in San Diego, California. What is confidential computing? “Confidential computing will enable encrypted data to be processed in memory without exposing it to the rest of the system and reduce exposure for sensitive data and provide greater…

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A developer’s guide to hiring good developers

Aug22
by on August 22, 2019 at 9:37 am
Posted In: Around the Web, Podium


Last week, a good friend approached me with a question. The organization he works for is struggling to attract engineers for their technical team, and he was desperate to find ideas. As a developer myself, I appreciated that he came to me to understand what motivates technical minded people to consider switching jobs. The hiring funnel The process of recruiting, hiring, and retaining employees would be too long to explain in here. Let’s just say that people smarter than me have identified the four majors steps of the hiring funnel: Identifying candidates Motivating them to apply Evaluating them for your…

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France sticks to its unilateral ‘Google tax’ — even though Trump is pissed

Aug22
by on August 22, 2019 at 9:10 am
Posted In: Around the Web, Google


French President, Emmanuel Macron, has started turning up the heat before this weekend’s G7 summit. At a press meeting yesterday, Macron stuck to France’s policy of upping taxes on big tech, calling the system which provides companies with a “permanent tax haven status” simply “crazy,” The Local reports. Europe has been cracking down hard on American tech companies, issuing billions of euros in fines and implementing strict privacy laws like GDPR. Under Macron’s leadership, France has tried to take it even further by unilaterally fixing loopholes in global tax rules. “The global tech players do not contribute financially to the…

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Satoshi Nakabato: ‘Japan’s central bank is in love with Bitcoin tech’

Aug22
by on August 22, 2019 at 8:55 am
Posted In: Around the Web, Hard Fork


Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Bentham used to say: Do what you love and you’ll never work another day! Bitcoin Price We closed the day, August 21 2019, at a price of $10,138. That’s a worrying 5.82 percent decline in 24 hours, or -$626.52. It was the lowest closing price in six days. We’re still 49 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017). Bitcoin market cap…

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