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Hackers Stole Around $60 Million in Cryptocurrency Exchange Hack

Hackers recently stole cryptocurrency worth about $60 million  from Zaif, a Japanese digital currency exchange. Hacks of cryptocurrency exchanges grab good deal of attention because the exchanges are easy targets. Through some of the most popular cryptocurrency hacks, hackers stole more than 980,000 bitcoins and other cryptocurrencies from unregulated and uninsured cryptocurrency exchanges.  The cryptocurrency

Possible Success of Facebook’s Efforts to Limit Fake News

Success! A new working paper from Stanford and NYU researchers suggests that Facebook’s efforts to get misinformation and fake news out of its users’ feeds seem to be working. The overall magnitude of the fake news problem may have lessened– at least temporarily – and Facebook’s efforts after 2016 election to control “diffusion of misinformation

Facebook’s AI Rosetta Scans Memes for Hate Speech

Memes can be used for spreading hate speech, which is why Facebook is now scanning them with the help of an Artificial Intelligence (AI) mechanism. The machine learning system, called Rosetta, is already working and extracting text from around 1 billion videos and images posted on Instagram and Facebook. How does Rosetta work? More than a

France Announces Legal Framework for ICOs

The French government recently passed new legal guidelines to bring some guidance to ICOs (Initial Coin Offerings) and cryptocurrency. With the new framework, regulators will now be able to issue permits to companies that want to introduce ICOs. Legal Framework is expected to attract blockchain innovators to France France has been quite agreeable and approachable

France Announces Legal Framework for ICOs

The French government recently passed new legal guidelines to bring some guidance to ICOs (Initial Coin Offerings) and cryptocurrency. With the new framework, regulators will now be able to issue permits to companies that want to introduce ICOs. Legal Framework is expected to attract blockchain innovators to France France has been quite agreeable when it

The future of cryptocurrency in five years: A Billion Cryptocurrency Users?

What is the future of cryptocurrency? Cryptocurrency is slowly but steadily entering the mainstream. The promise that it offers for decentralized banking and alternative payment systems is attractive to many, drawing not only investors but also those who believe in its utility.  In fact, the CEO of a major online crypto market platform, Coinbase, opined