Month: July 2021

Facebook will provide money for an “innovation fund” for 170 regional Australian newspapers as part of a planned licensing deal, the parties said on Friday, calling the move a show of co-operation between the social media giant and local publishers. The move brings a grassroots element to a string of deals announced by Facebook in Australia
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Cybersecurity researchers on Thursday revealed details about a new Mirai-inspired botnet called “mirai_ptea” that leverages an undisclosed vulnerability in digital video recorders (DVR) provided by KGUARD to propagate and carry out distributed denial-of-service (DDoS) attacks. Chinese security firm Netlab 360 pinned the first probe against the flaw on March 23, 2021, before it detected active
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An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, therefore a “technology-neutral regulation to this asset class” is recommended. The economist discussed “embedded supervision,” adding that “The main aim is low-cost supervision of decentralized markets.” BIS Economist Suggests Regulatory Approach
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The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is linked to distrust in traditional finance. On Thursday, the BIS published a paper on the socioeconomic drivers of cryptocurrency investments in the United States. Employing representative
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Bitcoin Cash ABC (BCHA), the embattled cryptocurrency project that has forked away from both Bitcoin and Bitcoin Cash, has rebranded to eCash (XEC). The project’s re-launch will see it integrate proof-of-stake consensus layer “Avalanche,” introducing staking and greatly increasing the speed of transactions. eCash will also reduce its decimal places down from eight to two,
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