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Tesla gets progressive with Bitcoin ATMs at factories, claims report

Tesla gets progressive with Bitcoin ATMs at factories, claims report

Note: In a recent post on Twitter, CEO Elon Musk has noted that he does not believe the report of Bitcoin ATMs in Tesla’s factories is accurate. Tesla, being as forward-thinking as ever, now has Bitcoin ATMs at the Fremont Factory and Gigafactory Nevada. One of the Bitcoin ATMs was originally spotted by Twitter user Will Reeves. LibertyX, the company responsible for the Bitcoin ATMs, reached out to Finbold and confirmed Reeves’ sighting in an official statement. “The Tesla locations have been live since August. The ATM is currently only accessible for employees,” LibertyX told Finbold.  The Bitcoin ATM company also stated that it…

Bitcoin Leads The Crypto Market

Bitcoin Leads The Crypto Market

According to website CoinMarketCap, all bitcoins in the world were worth around 202 billion U.S. dollars as of October 9, 2020 – more than five times as much as those of the next biggest cryptocurrency, Ethereum. But Bitcoin used to be worth even more: At the end of 2017, the cryptocurrency briefly reached a market capitalization of over 300 billion U.S. dollars. That year, Bitcoin started to appeal to mainstream investors and while the ensuing frenzy for the digital currency catapulted its value to new heights, it also led to an inevitable crash in 2018 and a market value that sunk as low…

Data encryption a threat to fighting child sexual abuse, says DOJ

Data encryption a threat to fighting child sexual abuse, says DOJ

The U.S. Department of Justice has released an international statement claiming that end-to-end encryption “poses significant challenges to public safety,” including sexually exploited children. In an Oct. 11 statement from the DoJ, the agency called on technology companies to work with the government to find a solution for strong data encryption with the means to allow the investigation of illegal activity and content. The department stated end-to-end encryption that hindered law enforcement from accessing certain content creates “severe risks to public safety.” The statement was signed by the DoJ, the Home Department of the United Kingdom, the Australian Minister for Home Affairs,…

Naming and cryptos

Naming and cryptos

Naming sponsors have been established in Greek basketball in recent years, in contrast to what happens in football where there are simply no corresponding agreements for the PAE. With sponsorships that offer valuable financial “breath” to the teams and “support” their budgets, in a difficult time for their income in the midst of a pandemic and the consolation is that the companies interested in promoting themselves through the Greek (basketball) market multiply. Several OEMs make deals – in the model of the Italians, “fashion” that began in previous decades – and in this year’s Basket League 6 championship – from…

PayPal to allow cryptocurrency buying, selling and shopping on its network

PayPal to allow cryptocurrency buying, selling and shopping on its network

LONDON, Oct 21 (Reuters) – PayPal Holdings Inc joined the cryptocurrency market on Wednesday, allowing customers to buy, sell and hold bitcoin and other virtual coins using the U.S. digital payments company’s online wallets. PayPal customers will also be able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021, the company said in a statement. PayPal hopes the service will encourage global use of virtual coins and prepare its network for new digital currencies that may be developed by central banks and corporations, President and Chief Executive Dan Schulman said in an…

8 Reasons for trading cryptocurrencies

8 Reasons for trading cryptocurrencies

In previous years, paying with cryptocurrencies was really difficult. You have to find retailers that would accept digital coins at the checkout and this of course was not easy. Although they have been available for over a decade, only now are traditional businesses beginning to realize the benefits of adding cryptocurrencies as a payment method. Starbucks, one of the most famous coffee chains in the world, plans to integrate direct payment with cryptocurrencies by 2020. Certainly, for those who pay for their double, plain, non-fat, mint-flavored and white chocolate cappuccino with Bitcoin in more than 30,000 stores worldwide, it is…

ARE CRYPTO AND BLOCKCHAIN KEY TO A TECH RENAISSANCE

ARE CRYPTO AND BLOCKCHAIN KEY TO A TECH RENAISSANCE?

A former director of the US Mint thinks that the market will gravitate toward these solutions A panel discussion at COSM explored the future of crypto currencies like Bitcoin and blockchain technologies in general. What might they mean for global money, global security, and internet architecture? The panel, moderated by Wired contributing editor Spencer Reiss, comprised futurist George Gilder, Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, Ed Moy, former Director of the U.S. Mint, and William Dembski, mathematician, entrepreneur, and philosopher: Can Crypto and Blockchain Reverse the Tech Decline (and Enable an Internet Renaissance)?   Here are some snatches from the dialogue (aired September 11, 2020): George Gilder (on what’s wrong with…

US Space Force taps blockchain firm Xage Security for data protection

https://cointelegraph.com/news/us-space-force-taps-blockchain-firm-xage-security-for-data-protection

The recently created United States Space Force, or USSF, and the U.S. Air Force Research Lab has chosen blockchain firm Xage Security to develop data security systems. In a statement, Xage Security said it was awarded a contract to provide end-to-end data protection for the USSF. The company will employ its blockchain-based Xage Security Fabric solution for the project. The company said Xage Security Fabric has a unified platform that can secure all systems and removes single points of entry so hackers can’t wipe information. It will allow the USSF to verify who accesses systems, ensure satellites continue to function…

The US is number one…in blockchain patents

But the company with the most patents isn’t even American. Despite Chinese firm Alibaba filing the most patents so far this year, the United States still takes the lead as the country with the most blockchain patents, a Sept. 17 report from intellectual property consultancy KISSPatent said. IBM and Alibaba hold the most blockchain patents. Alibaba has filed more than 200 patents while IBM filed a little over 100. But other U.S.-based companies like Bank of America and Mastercard have also filed several patent applications bumping up the total for the U.S. According to KISSPatent, more blockchain patents have been filed in…

Beijing ranks first among blockchain cities in China

Beijing ranks first among blockchain cities in China

Beijing has been named as the top blockchain city in the 2020 Chinese Blockchain Innovation rankings. The Chinese Blockchain Innovation rankings were revealed at the China International Fair for Trade in Services Summit. The rankings comprehensively evaluates the blockchain technology and development of 83 Chinese cities and special zones, except Hong Kong, Macao and Taiwan. There were four key dimensions considered, such as research and development, industrial development, public popularity, and policy based on multi-source objective data. According to reports, China’s blockchain regions have obvious advantages in the development of leading cities, with Beijing, Shenzhen, Shanghai, Hangzhou and Guangzhou ranked in the top…