ether

The Ethereum blockchain is being used by engineers at Microsoft to “democratize” AI and machine learning, making these typically centralized and costly systems more accessible to everyone. Smart contracts have the potential to profoundly impact how data is managed. They are immutable and allow devs to reward users for participation and contributions. And, forRead More →

Ransomware

Days after the U.S. Conference of Mayors passed a resolution opposing the payment of ransoms by cities following a ransomware attack La Porte County’s government has done the opposite after its files were encrypted. According to WSBT-TV, the municipality has paid a Bitcoin ransom worth approximately $130,000 to cyber attackers who encrypted itsRead More →

crypto

Wells Fargo, a traditional bank founded in 1852 to provide banking services, and mail delivery through the Pony Express, has recently come out stating that it does not allow its customers to purchase Bitcoin with their own funds. WELLS FARGO ‘DOES NOT ALLOW TRANSACTIONS INVOLVING CRYPTOCURRENCY.’ Wells Fargo’s decision divergesRead More →

crypto

Japanese cryptocurrency exchange Bitpoint has suspended all services after losing $32 million in a hack involving XRP, Bitcoin and other cryptocurrencies. Japanese cryptocurrency exchange Bitpoint has suspended all services after losing $32 million in a hack involving XRP, Bitcoin (BTC) and other cryptocurrencies. In an official announcement on July 12, BitpointRead More →