Criminals used Bitcoin to launder $2.5B in dirty money, data shows

New data shows criminals have laundered $2.5 billion worth dirty Bitcoin through cryptocurrency exchanges, and almost all of it ends up in countries with lax Anti-Money-Laundering (AML) regulations. Cryptocurrency research group CipherTrace conducted an analysis of 45 million transactions from the top 20 cryptocurrency exchanges globally in order to find out how prevalent the use of Bitcoin for criminal purposes is. The data, which spans from January 2009 to September 2018, indicates 97 percent of the Bitcoin laundered through top exchanges ends up in countries with lenient AML regulations. CiperTrace deemed transactions to be of criminal nature if they came… This story continues at The Next Web Or just read… Read More

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Research: Cryptocurrency is dying

Cryptocurrency exploded like a supernova as prices soared to nearly $20,000 in December 2017. But like a dying star, the crypto-market may now be facing an implosion. According to a new report from technology research group, Juniper Research, the cryptocurrency “industry is on the brink of an implosion.” The research highlights some key market metrics, all of which display cryptocurrencies as being on a downward spiral. “During Q1 2018, cryptocurrency transactions totaled just over $1.4 trillion, compared with less than $1.7 trillion for 2017 as a whole,” the report notes. “However, by Q2 2018, transaction values had plummeted by 75… This story continues at The Next Web …read more Source::… Read More

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Google’s new Chromecast looks suspiciously similar to its old Chromecast

Amid the excitement of the Pixel 3, the Home Hub, and the, uh, now-wired once-wireless headphones, you might have missed the 3rd generation Chromecast. So, what’s it like? Well, it’s very similar to the old one. Before we get there, let’s look at what’s new. Firstly, the Chromecast‘s hardware speed has undergone a “15 percent improvement.” It still only supports 1080p video, but you can now watch in 60 frames per second. Google has also improved the device’s Wi-Fi, so streaming should be more solid. On top of this, Google has announced multi-room speaker support for the Chromecast. In other words, you… This story continues at The Next Web Or… Read More

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Google could have avoided the Pixel 3 XL’s notch

From the Pixel 3 XL’s first leak, all the way through to using the device, I’ve been thinking about its big ugly notch. I hoped it wouldn’t be as bad as pictures. But I can confirm it’s both huge and distracting. After the launch, a lot of people tweeted they might buy the smaller Pixel 3 – just because of the XL’s notch. The smaller pixel 3 has all the good stuff, without any of the bad things(read notch) from the XL. It’s as if, Google doesn’t want you to buy the bigger one 🤔#Pixel3 #MadeByGoogle — Siyan (@Ziyann) October 9, 2018… This story continues at The Next Web Or… Read More

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Google mocks miners, says cryptocurrency ‘isn’t real money’

As if it hadn’t already given cryptocurrency enthusiasts enough reasons to hate it, Google has now taken a dig at the usefulness of cryptocurrencies. In a recent advertisement for its call screening service, the search engine giant mocked cryptocurrency’s high electricity consumption – and then went on to say that “it is not real money.” It all starts when one of the characters in the ad receives a message from his electricity provider, informing him his bill is very high. “Well, cryptocurrency mining takes a lot of energy,” the character argues. Then another character chimes in: “Cryptocurrency… that money isn’t… This story continues at The Next Web Or just read… Read More

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Forbes wants to fix journalism with blockchain, but journalists are skeptical

Publishing giant Forbes is joining a blockchain-based journalism network to begin experimenting with publishing its content using decentralized tech. In an announcement yesterday, Forbes revealed it has teamed up with blockchain-powered journalism platform, Civil, in an effort to gain more trust with readers. As part of the collaboration, Forbes will also publish content on the blockchain. But you might have to wait to read one of Forbes’ “decentralized” articles. Forbes says it will start uploading content to the blockchain next year. For starters, the company will store articles’ metadata on Civil. The metadata includes all of the information of an article… This story continues at The Next Web …read more… Read More

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