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Satoshi Nakaboto: ‘Bitcoin now holds 70% of the total crypto market share’

Aug21
by on August 21, 2019 at 9:00 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 Kierkegaard used to say: Money makes the world go around! Bitcoin price We closed the day, August 20 2019, at a price of $10,763. That’s a minor 1.40 percent decline in 24 hours, or -$153.12. It was the lowest closing price in one day. We’re still 46 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017). Bitcoin market cap Bitcoin’s market cap ended…

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SEC unsurprisingly slaps Russian firm with $270K fine for misleading ICO promotions

Aug21
by on August 21, 2019 at 8:24 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


The United States Securities and Exchange Commission (SEC) has settled a fine with a Russian firm that was pushing initial coin offerings (ICOs) without disclosing the fact that it had accepted payment to do so. Late yesterday, the SEC announced it has reached a $268,998 settlement with ICO Rating. According to the SEC, ICO Rating promoted cryptocurrency projects between December 2017 and July 2018 – the infamous boom period – that should have been classified as securities. As a result, ICO Rating should have disclosed the fact that it accepted payment to promote some coins and tokens. ICO Rating positions…

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SEC unsurprisingly slaps Russian firm with $270K fine for misleading ICO promotions

Aug21
by on August 21, 2019 at 8:24 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


The United States Securities and Exchange Commission (SEC) has settled a fine with a Russian firm that was pushing initial coin offerings (ICOs) without disclosing the fact that it had accepted payment to do so. Late yesterday, the SEC announced it has reached a $268,998 settlement with ICO Rating. According to the SEC, ICO Rating promoted cryptocurrency projects between December 2017 and July 2018 – the infamous boom period – that should have been classified as securities. As a result, ICO Rating should have disclosed the fact that it accepted payment to promote some coins and tokens. ICO Rating positions…

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Facebook’s ‘cryptocurrency’ Libra reportedly facing EU competition probe

Aug21
by on August 21, 2019 at 7:39 am
Posted In: Around the Web, cryptocurrency, Hard Fork


Facebook’s controversial ‘cryptocurrency’ Libra is facing a competition probe by the European Union Commission, according to a document seen by Bloomberg. The European Union’s antitrust regulators are “currently investigating potential anti-competitive behavior” amid concerns Facebook would monopolize the payments realm and unfairly shut out competitors. Unsurprisingly, regulators are worried about Libra creating “possible competition restrictions” on the customer information that will be exchanged and the use of consumer data. This investigation follows on from another preliminary probe led by the EU that’s looking at how Facebook could potentially use its power to shut out the competition. The Libra Association, tasked…

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Intel takes on Google and Amazon with 2 new AI-focused chips

Aug21
by on August 21, 2019 at 7:18 am
Posted In: Around the Web, artificial intelligence


Intel has unveiled two new processors as part of its Nervana Neural Network Processor (NNP) lineup with an aim to accelerate training and inferences drawn from artificial intelligence (AI) models. Dubbed Spring Crest and Spring Hill, the company showcased the AI-focused chips for the first time on Tuesday at the Hot Chips Conference in Palo Alto, California, an annual tech symposium held every August. Intel’s Nervana NNP series is named after Nervana Systems, the company it acquired in 2016. The chips were designed at its Haifa facility in Israel, and allow for training AI and inferring from data to gain valuable insights. “In an AI empowered world, we…

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