#Mr. Blockchain Florida

[shanahazuki]

Ha llegado el momento en que el arte debe transformarse y quién no lo haga, estará destinado a desaparecer: Mr. Blockchain Florida 

El reconocido financiero y especialista en Blockchain, Oswaldo Reyes Corona, “Mr. Blockchain Florida” por su nombre artístico incursiona ahora en el mundo del arte plástico y sorprendió a la FIL con su imponente stand de dos pisos, en el que se exhiben algunas de sus obras más representativas.  Calificó su arte como disruptivo pues busca romper paradigmas y se dijo consciente de que podría…

[primorcoin]

New Post has been published on https://primorcoin.com/polygon-raises-450-million-from-sequoia-capital-india-softbank-shark-tanks-kevin-oleary-finance-bitcoin-news/

Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank's Kevin O’leary – Finance Bitcoin News

The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications.

Sequoia Capital India and more than 40 VC Firms Inject $450 Million Into Polygon’s Coffers

Polygon has raised $450 million from strategic investors according to a press release sent to Bitcoin.com News on February 7. The funding round was led by Sequoia Capital India, and more than 40 other investors participated in the fundraiser.

The $450 million funding round also saw participation from Galaxy Digital, Galaxy Interactive, Kevin O’Leary (Mr. Wonderful from ABC’s Shark Tank), Softbank Vision Fund 2, Tiger Global, and Republic Capital.

The fundraise marks the first major Polygon funding round since 2017. The project’s native token polygon (MATIC) is the 15th largest crypto asset in terms of market valuation. Year-to-date, MATIC has gained 3,608% against the U.S. dollar and during the last week, MATIC has jumped 20.7% higher.

The $450 million capital raise follows a number of strategic moves from Polygon including the acquisition of the Hermez Network (now Polygon Hermez) for $250 million in August 2021. In mid-December 2021, Polygon acquired the Mir Protocol for $400 million in order to bolster “groundbreaking ZK rollup technology.”

ZK technology is mentioned in the recent fundraising announcement that explains what Polygon plans to do with the funding.

“Polygon is building a suite of scaling solutions, including Polygon PoS, Polygon Edge and Polygon Avail, that is similar to what Amazon Web Services offers Web2 developers — a tool for every possible use case,” the funding round announcement explains. “The team is also investing in cutting-edge zero-knowledge (ZK) technology that will be key to onboarding the next billion users to Ethereum.”

Polygon co-founder Sandeep Nailwal says that Ethereum, scaled by Polygon will be the foundation of Web3’s evolutionary climb.

“Web3 builds on the early Internet��s open-source ideals, enabling users to create the value, control the network and reap the rewards. Ethereum, scaled by Polygon, will be the bedrock of this next stage in the Web’s evolution,” Nailwal remarked in a statement. “Technological disruption didn’t start with Web2, nor is it going to end there. That’s why we are very excited to see some of the same firms that funded the previous round of innovation now being our Web3 vision.”

Tags in this story

$450 Million, Capital raise, Ethereum Scaling, Finance, funding round, Fundraise, fundraiser, Galaxy Digital, Galaxy Interactive, kevin o’leary, matic, Polygon, Polygon (MATIC), Polygon Capital Funding, Polygon co-founder, Polygon Ethereum, Republic Capital., Sandeep Nailwal, scaling Ethereum, Sequoia Capital India, Shark Tank, Softbank, strategic investors, Tiger Global, Web2, Web3

What do you think about Polygon raising $450 million from strategic investors? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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[chipsxp]

The Old White Raccoon That Lost His Eyes Non-NFT

This white raccoon is the bravest and most helpful member of the Back Yard Animal buddies. His name is Ty because he has a pair of tiger-eye gemstones for his eyes and he is very old. He's so old that today he lost his precious tiger-eyes gemstones and he asked his Back Yard Animal buddies to help find them. His oldest girl friend and most trustworthy is Gin, the fast gray rabbit. The protector and leader of the Back Yard Animal buddies, Mr. R, the handsome rooster. Lastly, the most fortissimo and prevalent musical band, the Frog Orchestra of Chord, Tempo, Melody, Harmony. This white raccoon is a NON-NFT 3D VR Oculus Home ready artwork for download after purchase through our payment gateway. The above 3D scene is a simulation of the Oculus Ready model using BabylonJS script language. This 3D VR version is also available for inspection at Sketchfab: This 3D VR model is made from photogrammetry of over hundred pictures. The pictures are of a real life, long aged raccoon that got bleached white over the years from the bright sun in Central Florida. The NFT white raccoon version will soon be present in the NFT section of this website and available for ownership transfer on the blockchain through platforms such as opensea.io and solsea.io Read the full article

[mkznews]

New York Metropolis’s Vaccine Passport Plan Renews On-line Privateness Debate

When New York Metropolis introduced on Tuesday that it will quickly require individuals to indicate proof of at the least one coronavirus vaccine shot to enter companies, Mayor Invoice de Blasio mentioned the system was “easy — simply present it and also you’re in.”Much less easy was the privateness debate that the town reignited.Vaccine passports, which present proof of vaccination, usually in digital type resembling an app, are the bedrock of Mr. de Blasio’s plan. For months, these data — also referred to as well being passes or digital well being certificates — have been underneath dialogue world wide as a software to permit vaccinated individuals, who're much less in danger from the virus, to assemble safely. New York would be the first U.S. metropolis to incorporate these passes in a vaccine mandate, probably setting off comparable actions elsewhere.However the mainstreaming of those credentials might additionally usher in an period of elevated digital surveillance, privateness researchers mentioned. That’s as a result of vaccine passes might allow location monitoring, at the same time as there are few guidelines about how individuals’s digital vaccine information must be saved and the way it may be shared. Whereas current privateness legal guidelines restrict the sharing of data amongst medical suppliers, there is no such thing as a such rule for when individuals add their very own information onto an app.The second is paying homage to the months after the Sept. 11, 2001, assaults, privateness advocates mentioned. That was when adjustments made within the identify of nationwide safety led to lasting results together with taking off sneakers in airports and information assortment enabled by the Patriot Act.With out safeguards now, presenting a digital vaccination passport each time individuals enter a public place might result in a “world map of the place persons are going,” mentioned Allie Bohm, a coverage counsel on the New York Civil Liberties Union. The data could possibly be utilized by third events for revenue or be handed over to legislation enforcement or immigration authorities, she mentioned.“How can we ensure that in 20 years we’re not saying, ‘Effectively, there was Covid, so now I’ve acquired this passport on my telephone that can be my driver’s license and likewise has each well being report I’ve ever had and each time I am going right into a retailer I've to swipe it?’” Ms. Bohm mentioned.She added that the passes might notably drawback teams which are extra involved about privateness, together with those that are undocumented. The New York Civil Liberties Union and different advocacy teams have supported laws to forestall vaccination information from being shared with legislation enforcement officers and to make sure that the passes don't turn out to be everlasting well being trackers.Vaccine passports have largely been rolled out with out a nationwide framework in the US. President Biden has dominated out a nationwide vaccine move, leaving states, cities and personal firms to find out whether or not and how you can have their very own digital techniques to maintain observe of vaccinated individuals.Some firms which have developed digital vaccine passes have tried to pre-empt privateness considerations. Over 200 non-public and public organizations not too long ago joined the Vaccination Credential Initiative, a coalition that goals to standardize how vaccine information is recorded and guarded.Many builders mentioned that they had taken pains to ensure the passports don't cross privateness boundaries. Clear Safe, a safety firm that has created a well being move utilized by over 60 organizations, lots of them sports activities venues, mentioned well being information about its customers was “dealt with with the utmost care” and guarded by a wide range of instruments. Employers or venues can see solely a crimson or inexperienced sign displaying whether or not a consumer has been inoculated, it mentioned.The Commons Undertaking, a nonprofit that has developed a vaccine move referred to as the CommonPass, shops vaccination and testing information on customers’ telephones and uploads the knowledge solely briefly to a server to examine {that a} traveler has met necessities, it mentioned. Airways which have adopted CommonPass, together with JetBlue and Lufthansa, can see solely whether or not a passenger has been cleared for journey, it mentioned.JP Pollak, a co-founder of the Commons Undertaking, mentioned the group’s vaccine move was “reliable” as a result of customers’ information was not saved on the cloud and since the move limits the knowledge companies can see.However whereas vaccine passports stay nascent, Covid-19 contact-tracing apps that had been launched earlier within the pandemic have already been utilized by extra authoritarian nations in ways in which increase privateness questions. That offers researchers little confidence about how these vaccine passes is perhaps used later.In China, for instance, a program referred to as “reportInfoAndLocationToPolice” throughout the Alipay Well being Code, utilized by the Chinese language authorities to evaluate individuals’s well being standing, sends an individual’s location, metropolis identify and an figuring out code quantity to a server as quickly because the consumer grants the software program entry to private information.In Singapore, officers mentioned in January that information from the nation’s coronavirus contact-tracing system had been utilized in a legal investigation, though leaders had initially mentioned it will be used just for contact tracing. In February, Singapore handed a legislation limiting such use solely to “severe” legal investigations.“One of many issues that we don’t need is that we normalize surveillance in an emergency and we will’t do away with it,” mentioned Jon Callas, the director of know-how initiatives on the Digital Frontier Basis, a digital rights group.Whereas such incidents usually are not occurring in the US, researchers mentioned, they already see potential for overreach. A number of pointed to New York Metropolis, the place proof of vaccination necessities will begin on Aug. 16 and be enforced beginning on Sept. 13.For proof, individuals can use their paper vaccination playing cards, the NYC Covid Protected app or one other app, the Excelsior Move. The Excelsior Move was developed by IBM underneath an estimated $17 million contract with New York State.To acquire the move, individuals add their private info. Beneath the usual model of the move, companies and third events see solely whether or not the move is legitimate, together with the individual’s identify and date of beginning.On Wednesday, the state introduced the “Excelsior Move Plus,” which shows not solely whether or not a person is vaccinated, however consists of extra details about when and the place they acquired their shot. Companies scanning the Move Plus “might be able to save or retailer the knowledge contained,” in response to New York State.The Excelsior Move additionally has a “Part 2,” which might contain increasing the app’s use and including extra info like private particulars and different well being data that could possibly be checked by companies upon entry.IBM has mentioned that it makes use of blockchain know-how and encryption to guard consumer information, however didn't say how. The corporate and New York State didn't reply to requests for remark.Mr. de Blasio instructed WNYC in April that he understands the privateness considerations across the Excelsior Move, however thinks it's going to nonetheless “play an essential function.”For now, some states and cities are continuing cautiously. Greater than a dozen states, together with Arizona, Florida and Texas, have in latest months introduced some kind of ban on vaccine passports. The mayors of San Francisco, Los Angeles and Seattle have additionally mentioned they had been holding off on passport packages.Some enterprise teams and corporations which have adopted vaccine passes mentioned the privateness considerations had been legitimate however addressable.Airways for America, an business commerce group, mentioned it supported vaccine passes and was pushing the federal authorities to determine privateness requirements. The San Francisco Chamber of Commerce, which helps its members work with Clear, mentioned utilizing the instruments to make sure solely vaccinated individuals entered shops was preferable to having companies shut down once more as virus circumstances climb.“Folks’s privateness is efficacious,” mentioned Rodney Fong, the chamber’s president, however “once we’re speaking about saving lives, the privateness piece turns into rather less essential.” Source link Read the full article

[newstfionline]

Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You

By Nathaniel Popper, NY Times, July 29, 2018

SAN FRANCISCO--Hedge funds go to the Cayman Islands to incorporate. Big companies are generally domiciled in Delaware. And online poker companies often set up their bases in Gibraltar and Malta.

Now the race is on to become the go-to destination for cryptocurrency companies that are looking for shelter from regulatory uncertainty in the United States and Asia.

In small countries and territories including Bermuda, Malta, Gibraltar and Liechtenstein, officials have recently passed laws, or have legislation in the works, to make themselves more welcoming to cryptocurrency companies and projects. In Malta, the government passed three laws on July 4 so companies can easily issue new cryptocurrencies and trade existing ones. In Bermuda this year, the legislature passed a law that lets start-ups doing initial coin offerings apply to the minister of finance for speedy approval.

“We are 65,000 people, and 20 square miles, but we have a very advanced economy,” the premier of Bermuda, E. David Burt, said in an interview at a cryptocurrency conference in May in New York, where he was trying to pitch companies on the island’s charms. “We want to position Bermuda as the incubator for this industry.”

The competition for cryptocurrency companies is part of a broader rush by governments to figure out how to approach a new industry that took on outsize prominence over the last year. Becoming a crypto center has many potential upsides, including jobs and tax revenue.

But the drive to be a crypto nexus also comes with significant risk. Hackings and scams have followed the industry everywhere it has gone. They have been aided by the underlying technology introduced by Bitcoin, known as the blockchain, which was built to make it possible to send money without requiring approval from government agencies or existing financial institutions. And the cryptocurrencies are hardly stable, with the prices of most having plunged in 2018 after skyrocketing last year.

Volatility and uncertainty have deterred some countries and caused others to hesitate in embracing crypto companies. In China, the government banned cryptocurrency exchanges and initial coin offerings after many of its citizens were swept up in the frenzy and bet their savings on digital tokens. And the Japanese authorities halted the operations of several crypto exchanges this year after one of the biggest licensed exchanges was hacked.

In the United States, the head of the Securities and Exchange Commission, Jay Clayton, has warned that most companies that have raised money by selling cryptocurrencies have most likely not followed the law. But his agency has not provided clear guidance on the line demarcating legal and illegal projects.

All of this has opened the door for smaller countries to provide a friendlier environment, separate from private efforts--such as in Puerto Rico--to create crypto havens. And many of the countries’ moves are already having an effect, with dozens of companies--including the largest exchange in the world--announcing plans to set up offices in the small jurisdictions that have passed laws.

Bermuda has been a leading player. Apart from passing the law to allow for fast approval of initial coin offerings, the British territory has a law in the works to open the doors to cryptocurrency exchanges and related services. Mr. Burt said his government was modeling its approach on one it had taken with the insurance industry, in which Bermuda has become a major player.

Bermuda’s measures have attracted Will McDonough, the founder of a new cryptocurrency called iCash. He said he had decided to base his company there because of the island’s experience in international finance and the government’s willingness to listen to the company’s input.

“The largest issue blockchain companies have is not knowing how they’ll be governed or regulated,” said Mr. McDonough, a former vice president at Goldman Sachs. “Those markets that have made the rules clear have found many companies coming to play by the rules.”

Mr. McDonough is planning to raise $35 million by selling iCash tokens to investors around the world, including some in the United States. The iCash tokens are initially designed to be the method of payment for an online gambling site. He said he would still be based in Florida, but would have an office and a head of operations in Bermuda, which the island requires of all companies.

Other companies are playing the field more. Binance, the world’s largest cryptocurrency exchange, went shopping for a new location after Japan shut it down this year for operating without a license. The exchange, which is known for its desire to skirt regulations, announced in March that it would open new offices in Malta with hundreds of employees as a result of the friendly laws the country had put into motion.

That prompted Malta’s prime minister, Joseph Muscat, to post a congratulatory tweet and proclaim the island’s intention to be the “global trailblazers in the regulation of blockchain-based businesses.”

But a month later, Binance’s chief executive, Zhao Changpeng, traveled to Bermuda to announce that the company would also open up compliance operations there and invest $15 million in the island. At the signing event with Mr. Burt, Mr. Zhao wore a tie and blue Bermuda shorts.

Many of the countries passing the new laws have said they are not interested in becoming a home for illicit activity. Albert Isola, Gibraltar’s finance minister, said his government was accustomed to making hard decisions after regulating online gambling companies for the last 25 years.

“For every one license we’ve issued, we’ve probably said no to 10,” he said. “When you’re considering a new sector, to bring in big names is extremely attractive, but they’ve got to be good names. So you’ve got to be willing to say no to even some of the bigger ones.”

Online gambling is responsible for around 3,000 jobs on Gibraltar, or about 10 percent of the territory’s population. Mr. Isola said he saw a similar possibility in the blockchain, calling it “the next significant new flow of business.”

Gibraltar is in the final stages before voting on regulations that, similar to Malta’s, would let companies issue and trade digital tokens. Already, 35 companies have applied to the government for licenses to operate blockchain businesses.

Liechtenstein, the Alpine nation between Austria and Switzerland, is also among the newer entrants to the race, with the prime minister circulating a Blockchain Act this summer to allow companies to sell tokens.

The activity has spread to other areas, too. Wyoming and Delaware have passed laws aimed at welcoming certain blockchain businesses, though they have been less focused on ones that trade in tokens. In 2014, New York created a so-called BitLicense, which initially drew businesses to the state, but it has since been viewed as a deterrent because of the government’s wide-ranging requirements and slow approval process.

In Switzerland, the canton of Zug has also sought out crypto business, labeling itself Crypto Valley. Zug’s top economic official who has worked on the effort, Guido Bulgheroni, flew to the cryptocurrency conference in May that Mr. Burt also attended.

At a cocktail party for Crypto Valley, Mr. Bulgheroni said his first job was to make sure that anyone with a crypto project was happy being in the Zug area.

“How many other jurisdictions have that?” he said.

[ahlinyalogo]

Our company is a Personal Intelligence Platform. It is an AI and Blockchain technology that allows people to form better habits and stay on track with what they are trying to accomplish.  

Client : Mr. Vince V - Florida

[edwinechilders]

Augusta Hitech is launching Blockchain Vaccine Passport

Technology has been praised for the role it plays in providing solutions. As the world is experiencing one of the most difficult periods due to a public health crisis, inventors and innovators are working hard to find solutions that will help individuals and businesses navigate through the murky waters. Augusta Hitech, in its contribution to providing real solutions to the crisis, is launching Blockchain Vaccine Passport. While making the announcement, Sean Caputo, Chief Strategy & Innovation Officer of Augusta HiTech, said that currently, their innovation team is working on the Blockchain Passport that will allow people to upload their vaccinations, immunizations, and test results into their blockchain framework and access through PWA and mobile apps.

As the world celebrated the news of the Covid-19 vaccines, there was a big sigh of relief as people realized that their lives would slowly begin to return to normal. With the rolling out of the vaccines campaigns, it is now becoming clear that passports for vaccines might become a crucial part in avoiding restrictions that have been put into place in different countries and regions. Businesses, airlines, government institutions among others, need a way to validate and ensure that the risk of spreading the virus is reduced.

“Our technology will provide people with safe and private technology to store information for vaccinations, immunizations, and test results. The data will always be private, encrypted and never sold or viewed by third parties”, said Mr. Caputo, while acknowledging that even for him as a parent, keeping track of not only his but also for his daughters’ immunization shots, has not been easy. He reveals that the new technology, powered by blockchain, will make it easy, but most of all safe. He adds that the new Blockchain Vaccination Passport will help people to validate to businesses, employers and airlines they are safe.

About Augusta Hitech

Augusta Hitech is a product engineering company that delivers enterprise-level strategy, innovation, and software product engineering services. Founded in 2009 and located in Boca Raton, Florida, the company has a global presence supporting clients in industries such as healthcare, travel and hospitality, retail and financial services.

Media Contact Info:

Sean Caputo

Chief Strategy and Innovation Officer, Augusta Hitech

(866) 962-1010

2650 North Military Trail, Suite 440

Boca Raton, FL 33431

https://augustahitech.com

sean.caputo@augustahitech.com

[djnumone]

What’s does the future of music look like? Listen up! Artists can now create and with the push of a button publish their songs to fans using the PODBUM. Music is a "perpetual" asset backed by future royalties from prior years and future year "performances." Unfortunately, artists, producers and music content aggregators have to wait to receive their "royalties" years after all the conditions necessary to "realize" revenues have come and gone. The solution to this problem lies with "smart contracts," ecommerce, blockchain and cryptocurrency. But more change is required in order to unleash the promise of artistic freedom. Bringing music contracts and consumption to the digital age serves to stimulate an ecosystem that fosters creativity, while increasing interaction between music producers, artists and fans. Remove "rent seeking" behavior from the economic value chain enhancing transparency in "accounting" for music asset. CASE STUDY Using Shopify, the artist 1% Hangout released the song Mr. Fix It Mane in less than 30 days and began selling. This release was branded tying it to the Tampa Bay area of Florida, USA Results: Cut production time in half and allowed artist to distribute song to a global audience for profit! Oh, and the Profits go to artist was paid in 2-3 days versus years of waiting for "royalty" payments. Download the free ebook Are you that artist? https://bit.ly/2r8yW5m #Shopify #Music #YouTube #Dj1ph #Hangout #Recordings #Music #Business #Making #Money #Record #Deal #Selling #Streaming #Records #Making #Demos #art #thefutureofmusic #getthebag💰 #listen https://www.instagram.com/p/B6By8ACnUBd/?igshid=1lia6vzp18quj

[bowsetter]

Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement

In early September, the high-profile court case Kleiman v. Wright looked as though it was coming to an end as the two parties reached a non-binding settlement. Then on October 30, without much notice, Wright explained that he couldn’t finance the settlement and the agreement was broken. Now the trial will start again and the Kleiman estate will depose Wright’s former chief financial officer, James Wilson on November 8.

Also Read: Satoshi ‘Nakamolto’ Emerges With Great Hair and Questionable Claims

Wright Breaks the Non-Binding Settlement as the Billion Dollar Bitcoin Lawsuit Continues

Australian native Craig Wright, the man who claims to be Bitcoin’s inventor, will be seeing more court proceedings in the near future as the notorious Kleiman v. Wright case is back on. Craig Wright is being sued by Ira Kleiman, the brother of the now-deceased David Kleiman, for allegedly interfering with David’s bitcoin assets and intellectual property after he died. Last September, news.Bitcoin.com reported on how the two parties were seemingly headed toward a settlement as both legal teams came to a non-binding settlement. This happened after the judge ruled the Kleimans were to be awarded 50% of Wright’s alleged BTC holdings and 50% of his blockchain intellectual property (IP). However, the Kleiman estate has filed a new court document which details that “Craig could no longer finance the settlement and was “breaking” the non-binding settlement agreement.” So Roche Freedman LLP wrote in the filing that after a lot of “lost time” the team will be “shifting back into preparing for trial.”

Following the broken settlement, the law firm explained it was in contact with James Wilson, the chief financial officer (CFO) of Craig’s companies in 2012-2013. This period of time is when Dave Kleiman was still alive and Wright alleged that he sold Dave interest in his businesses in exchange for BTC. Although Wright’s legal team, Rivero Mestre LLP, came back five hours after the Kleiman estate requested permission to depose Wilson and informed the plaintiffs they would not consent to the deposition on November 8. Wright’s council said the team would need to consent to a video deposition at a later date.

Craig Wright.

“Due to the unexpected failure of settlement negotiations, and the soon approaching discovery cutoff, the parties are short on time,” Roche Freedman’s filing notes. “Mr. Wilson’s presence in the United States next week obviates the need for the parties to go through the legal, logistical, and expensive steps of securing a deposition in Australia. And while Craig won’t have been afforded a full 14-days notice, he has received 7-days notice.” The Kleiman estate’s court filing adds:

Importantly the fact that Craig doesn’t have 14-days notice of this deposition is a product of his own conduct. He asked the parties to pause the litigation process and concentrate on amicably resolving this dispute, only to pull his consent with no advance notice, without good cause, and at a time when it simply wasn’t possible to give him the full 14-days notice.

James Wilson and Cryptoloc Technology

According to the Twitter handle ‘Seeking Satoshi,’ James Wilson is a former business associate of Wright’s and co-patent holder. “So the court in Florida would like to have a chat with Jamie Wilson, one time CFO for one of Craig’s dodgy companies and co-patent holder for Cryptoloc. But what does the court want from Jamie?” Seeking Satoshi asked on Twitter. “Do they think Jamie can shed some light on Craig’s financial dealings with Dave? Or do they suspect that Dave was involved in the development of Jamie’s ‘Cryptoloc’ and may be owed some money for his hand in the IP behind it?” The researcher continued:

I doubt the court will uncover much from speaking with Jamie and I don’t think any IP, bitcoin or money will be found that belongs to Dave. At some point, the court will realise there is no Tulip trust and no bitcoin and that Craig has led everyone on a goose chase.

Wilson is also mentioned in a blog post called “From the Bygone Days of Yore — Part 1,” written by Wright in June. Wright stated at the time that he had video link meetings with “Jamie Wilson, Robert Urquhart, and Dave Kleiman” with lawyers present in 2012. Roche Freedman’s motion requests that the court allows them to depose Wilson on November 8 with the defense team present via video-link. According to the court documents, a trial is scheduled to start on March 30, 2020, depending on the proceedings.

What do you think about the Kleiman v. Wright lawsuit involving billions of dollars worth of bitcoin? Let us know what you think about this subject in the comments section below.

Image credits: Shutterstock, Twitter, Wiki Commons, Fair Use, and Pixabay.

Did you know you can verify any unconfirmed Bitcoin transaction with our Bitcoin Block Explorer tool? Simply complete a Bitcoin address search to view it on the blockchain. Plus, visit our Bitcoin Charts to see what’s happening in the industry.

The post Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement appeared first on Bitcoin News.

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[david-brodosi]

David Brodosi #brodosi #bayboro #university #sunset #photography #nature #outdoors #stpete #family #Epcot #disney #flowers

David Brodosi is an experienced Director with a demonstrated history of success in the higher education industry. Skilled employer Relations, Nonprofit Organizations, Career Development, Coaching, Conflict Resolution, and instructional design. David Brodosi provides guidance on tech strategies and trends for state-of-the-art classrooms, course development, and faculty design support services. Mr Brodosi is recognized as a thought leader regarding the intersection of AV/IT, collaboration technology that supports his organization's mission to deliver world-class research and tech solutions for higher education institutions.

David Brodosi’s Research/Specialty Areas: Emerging Educational Technology, Instructional Design Services, Online Learning, Faculty Training & Development, Team Leadership, and Management Theory.

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http://Davidbrodosi.us

[jacobhinkley]

Crypto Lender SALT Now Available in 35 States

SALT, one of the earliest cryptocurrency-backed lending providers in the space, announced this week it was expanding into 20 more states in the US, bringing its total market penetration to 35, including Washington DC, across America. And while that number is impressive on its own, SALT accomplished this during an extended bear market.

Also read:  15,000 Twitter Crypto Scam Giveaway Botsm, Reports Duo Security

SALT Crypto Lending in 20 More States

This week, cryptocurrency lending outfit SALT announced it was making its services available in 20 more states, bringing the grand total to 35 out of 50 in the United States. The US is geographically very large, and so covering ground on any wider scale is always an obstacle for businesses. That it too has 50 states with 50 different regulations governing a given industry adds to the task immeasurably. Combine all of that with the fact SALT is expanding in a decidedly bear market, and their feat becomes even more impressive.  

CEO Bill Sinclair explained, “SALT loans are and will be structured within the laws, regulations, and guidelines provided by each jurisdiction in which the loan is offered. The first borrowers to get loans in the new system were those who previously applied in areas in which we were not approved to lend and were still interested in a SALT loan.”

The crypto-lending company also used the announcement to roll out a new financial product, Proof of Access (POA), that they hope will expand “member flexibility.” A blog post detailed, “With the long-awaited introduction of POA, members now have access to more flexibility when it comes to structuring their loans. This gives members the opportunity to tailor their approach in order to meet their individual borrowing needs. Members no longer have to pre-redeem SALT membership units in order to access borrowing limits. They can simply use their SALT membership units to customize the terms of their loan.”

Florida, Illinois, Texas, Kansas, Michigan, Wisconsin, Maryland, Connecticut

POA essentially gives users the ability to modify loan terms using the firm’s proprietary token. To become a member, at least one SALT token is required, allowing users potential access to adjust interest rates on borrowing.

“As blockchain assets continue to grow in abundance and popularity,” Mr. Sinclair also stressed, “technology will need to pivot accordingly. Opening doors for our potential borrowers who may have selected different investments than bitcoin and ethereum will be a key differentiator for SALT in the future.”

Crypto borrowing is now available to residents of such states as Florida, Illinois, Texas, Kansas, Michigan, Wisconsin, Maryland, and Connecticut, to name a few, where SALT has expanded services.

What do you think about crypto-backed loans? Let us know in the comments section below. 

Images via Pixabay, Duo Security.

Be sure to check out the podcast, Blockchain 2025; latest episode here.

The post Crypto Lender SALT Now Available in 35 States appeared first on Bitcoin News.

Crypto Lender SALT Now Available in 35 States published first on https://medium.com/@smartoptions

[brettzjacksonblog]

Bahamas is Launching a State Backed Cryptocurrency, is it Legitimate?

As Freeport, Grand Bahama Island continues its quest to become the Silicon Valley of the Caribbean by hosting the 2018 Bahamas Blockchain and Cryptocurrency Conference its central bank has announced plans to pilot a digital currency.

Bahamian Dollar to go Digital

Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest made the announcement during the conference as he spoke about his wishes for Grand Bahama to become a digital hub, saying:  “The production of a modern fully digital payment service is the way forward for this era of governance.”

The Bahaman archipelago, located east of Florida in the Atlantic Ocean, uses two fiat currencies. The Bahamian Dollar and the USD are used simultaneously but since the Bahamian dollar is pegged to the value of the USD at a 1:1 ratio, in reality, the Bahamas does not have its own currency. Creating a digital currency may allow for a truly native dollar to reflect the islands 9 billion USD gross domestic product.

Developing Digital Brings Banking Services To All

Deputy Prime Minister Turnquest hopes the development of a digital currency can solve two major banking problems in the Bahamas. As the Bahamas is comprised of many small islands with low populations many of its people have limited access to banking services. This forces citizens from outlying islands to make arduous boat trips to the main islands, sometimes carrying large amounts of cash, in order to do their banking.

Mr. Turnquest sees the creation of a digital currency as a way to bring a range of banking services to all the peoples of the Bahamas and also a solution to another serious problem in the popular tourist destination, corruption. Turnquist’s plan to bring blockchain technology to the island in order to put an end to corruption in the government was key to his appointment to office one year ago. The Deputy Prime Minister said:

“Using technology and single points of contact we are able to eliminate a lot of the human element that facilitates corruption, and so when we talk about applying for government services, if we have a single portal for entry and all of the processing being done behind the scenes, either through electronic data interchange or through human facilitation we can eliminate that point where we Bahamians call it, you have to tip somebody in order to get service.”

The Bahamas joins a long and growing list of countries considering or actively developing cryptocurrencies including Ecuador, China, Senegal and Singapore. Some commentators on Reddit take umbrage at the use of the term cryptocurrency to describe a central bank controlled digital currency as it removes the core characteristics of coins like Bitcoin that were developed as an alternative to state-backed monies.

The post Bahamas is Launching a State Backed Cryptocurrency, is it Legitimate? appeared first on NewsBTC.

from CryptoCracken SMFeed https://ift.tt/2MWXiZJ via IFTTT

[orbemnews]

Miami Wants to Be the Hub for Bitcoin Selling South Florida Mayor Francis Suarez of Miami is selling his city as the world’s cryptocurrency capital. “We want to be on the next wave of innovation,” he told DealBook. To make that happen, Mr. Suarez said he was “refashioning” the city’s “fun in the sun” image. Thanks in part to the mayor’s marketing efforts, tech and finance titans have flocked to Miami during the pandemic. Visions of Bitcoin City. Last month, the Republican mayor suggested Miami pay municipal workers and accept tax payments in Bitcoin, as well as invest city funds in the cryptocurrency. Local officials have agreed to study the proposals. The notion made him popular in the crypto community, advancing his rebranding campaign. His efforts have also won him campaign donations from tech investors, attracted money to cultivate Miami’s burgeoning tech sector and may soon pay a big county bill. The cryptocurrency exchange FTX is seeking naming rights for the city’s N.B.A. arena, currently known as AmericanAirlines Arena. Miami-Dade County took over branding deals in 2018 and is supposed to pay the team $2 million per year, sponsor or no (American’s contract ended in 2019). The FTX agreement is nearly final, pending a Friday vote by county commissioners. “It’s awesome that we’ve attracted a huge cryptocurrency exchange,” Mr. Suarez said, noting that FTX’s bid “complements the brand” that Miami is establishing. It would be the N.B.A.’s first crypto sponsorship of an arena, The Miami Herald notes, but it would also tie a county revenue stream to a relatively young exchange and C.E.O. FTX was founded in 2019 and is run by Samuel Bankman-Fried, a 28-year-old billionaire who was one of the biggest donors to President Biden’s campaign. The tech center exodus and crypto boom converge in Miami. The pandemic prompted people to relocate to Florida from Silicon Valley and New York as Bitcoin gained legitimacy and value. The mayor sees the trends as interrelated, and he is seizing the moment. “People come here and start realizing that there’s way more tech talent than they thought,” he said. All that’s missing is a regulatory scheme, Mr. Suarez said: Lawmakers are modeling Florida’s approach on Wyoming’s crypto policies. Ultimately, the success of the mayor’s effort won’t be apparent until it’s clear that people are making their moves permanent and maintaining their enthusiasm for crypto if — or when? — there is another market downturn. HERE’S WHAT’S HAPPENING Not so fast, AstraZeneca. American officials said early today that the company may have included “outdated information” from a U.S. clinical trial of its Covid-19 vaccine, providing “an incomplete view” of data that could cast doubt on promising news. President Biden’s next big spending plan begins to take shape. Economic advisers are assembling a $3 trillion package, beginning with a huge infrastructure proposal. It will go beyond roads and bridges to also address climate change and racial and gender equity. Microsoft will ease workers back to the office starting next week. The 57,000 employees who left the tech giant’s Redmond, Wash., headquarters because of the pandemic can choose to work from the office, home or both. BlackRock investigates allegations of employee misconduct. The money-management giant hired a law firm after employees said that they had faced harassment and discrimination over their sex, race and religion. A senior executive, Mark Wiedman, apologized for making inappropriate comments at work events. Goldman Sachs’s C.E.O. promises to ease the burden on junior bankers. David Solomon told employees that the firm would better enforce a ban on working Saturdays and hire more analysts, after a presentation by first-year bankers that described 100-hour work weeks drew media attention. Personnel is policy. Or is it? Though she lost the Democratic presidential primary, Senator Elizabeth Warren is exerting considerable sway over President Biden’s financial policies, judging by the number of people from her orbit who have been picked to join the administration. But her influence is increasingly being tested, The Times’s Alan Rappeport writes. Ms. Warren has seeded the administration with former staffers, in line with her oft-professed belief that “personnel is policy.” They include Adewale Adeyemo, who’s up for deputy Treasury secretary, and Rohit Chopra, the nominee to lead the Consumer Financial Protection Bureau. Bharat Ramamurti is already serving as deputy director of the National Economic Council. She is continuing to roll out ambitious progressive economic proposals, including an “ultra-millionaire tax” and a “real corporate profits tax” that would raise rates on the wealthy and on big businesses. “People like progressive ideas and want to see them enacted,” she told Alan. “Washington is beginning to catch up.” But she hasn’t won every time. Mr. Biden has rejected an expansive cancellation of student debt, an idea she championed, and appears unconvinced about her wealth tax idea. Treasury Secretary Janet Yellen has also expressed skepticism about the wealth tax, and recently hired Natasha Sarin — whose work with Larry Summers has raised eyebrows within Team Warren — as an economic policy adviser. Ms. Warren is hopeful she’ll ultimately prevail on some issues, like the wealth tax. “It’s easy to implement,” she said. “We just need to sit down and talk about it.” “It’s more a speculative asset that’s essentially a substitute for gold, rather than for the dollar.” — Federal Reserve chair Jay Powell on Bitcoin and other cryptocurrencies. Korean battery makers do battle in Georgia The state of Georgia is caught in the middle of an intellectual property dispute between two South Korean manufacturers of batteries for electric vehicles. The International Trade Commission recently ruled in favor of LG Chem in a trade secrets case against SK Innovation, issuing a default judgment based on a problematic absence of documentation. SK says its partially built factory in Georgia is threatened by the decision. The case could “seriously undermine critical progress on the climate crisis,” Sally Yates, former U.S. deputy attorney general, told DealBook. She argues that it’s in the public interest to reverse the I.T.C.’s decision. The commission’s only penalty is exclusion — an order barring infringing products from the U.S. market, although SK can fulfill existing obligations to Ford and VW. (Another recent dispute between Korean firms resulted in a ban on imports of a Botox competitor.) But a federal court could order SK to submit to monitoring and impose damages, if warranted, “without killing jobs and setting back the Georgia economy,” Ms. Yates said. Automakers will need lots of batteries for electrical vehicles, and the decision could make American manufacturers less competitive, said Carol Browne, the former Obama administration “climate czar.” President Biden signed an executive order last month aimed at strengthening the domestic supply chain, including for EV batteries, and “one way to guarantee that is domestic production,” Ms. Browne said. “The Georgia plant will not sit idle,” countered LG’s lawyer, David Callahan of Latham & Watkins. LG’s attorneys say SK exaggerates the order’s impact on American manufacturing and minimizes its I.P. violations. SK can “redesign” or settle, they suggested, but in any case “the demand for these batteries ensures that another manufacturer will step in” if it abandons the plant. (The Botox dispute was ultimately settled.) The Biden administration can veto the I.T.C. by early April. Gov. Brian Kemp of Georgia has urged the president to do so, citing a 2013 reversal of a ruling in a dispute between Apple and Samsung. (The administration did not respond to a request for comment). Gov. Mike DeWine of Ohio — where LG is constructing a battery plant with General Motors — has asked the president to uphold the ruling, saying that “stolen intellectual property” shouldn’t be used to compete with his state’s workers. Mr. Biden is visiting Ohio today. THE SPEED READ Deals The social media platform Discord has held talks to sell itself to Microsoft in a deal that could top $10 billion. (NYT) WeWork said it lost $3.2 billion last year — less than in 2019 — in an investor presentation supporting its potential merger with a SPAC. (FT) Box, the online storage provider, is reportedly considering a sale as it faces pressure from the activist investor Starboard Value. (Reuters) Politics and policy President Biden formally nominated Lina Khan, a critic of Big Tech, to the Federal Trade Commission. (NYT) Sweden will link aircraft landing fees to greenhouse gas emissions, encouraging the use of newer, more efficient planes. (Reuters) Shalanda Young is the front-runner for the nomination to lead the Office of Management and Budget, but Asian-American groups are pushing for Nani Coloretti, a former Obama administration official. (WaPo) Tech Cybersecurity researchers at the University of Toronto say TikTok isn’t a national security threat. (WSJ) Companies including Mastercard and SoftBank pressed Group of 7 governments to coordinate tech issues like A.I. and cybersecurity. (FT) The C.E.O. of a blockchain tech company won an auction of Jack Dorsey’s first tweet — sold as a nonfungible token — for $2.9 million. (CNBC) Best of the rest Ellen DeGeneres has faced a steep ratings decline, losing more than a million viewers after reports of a toxic workplace at her show. (NYT) Should workers be paid while they sleep? (FT) Americans over 65 are fully vaccinated, and ready to party. (NYT) We’d like your feedback! Please email thoughts and suggestions to dealbook@nytimes.com. Source link Orbem News #Bitcoin #Hub #Miami

[michaelbennettcrypto]

Bahamas is Launching a State Backed Cryptocurrency, is it Legitimate?

As Freeport, Grand Bahama Island continues its quest to become the Silicon Valley of the Caribbean by hosting the 2018 Bahamas Blockchain and Cryptocurrency Conference its central bank has announced plans to pilot a digital currency.

Bahamian Dollar to go Digital

Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest made the announcement during the conference as he spoke about his wishes for Grand Bahama to become a digital hub, saying:  “The production of a modern fully digital payment service is the way forward for this era of governance.”

The Bahaman archipelago, located east of Florida in the Atlantic Ocean, uses two fiat currencies. The Bahamian Dollar and the USD are used simultaneously but since the Bahamian dollar is pegged to the value of the USD at a 1:1 ratio, in reality, the Bahamas does not have its own currency. Creating a digital currency may allow for a truly native dollar to reflect the islands 9 billion USD gross domestic product.

Developing Digital Brings Banking Services To All

Deputy Prime Minister Turnquest hopes the development of a digital currency can solve two major banking problems in the Bahamas. As the Bahamas is comprised of many small islands with low populations many of its people have limited access to banking services. This forces citizens from outlying islands to make arduous boat trips to the main islands, sometimes carrying large amounts of cash, in order to do their banking.

Mr. Turnquest sees the creation of a digital currency as a way to bring a range of banking services to all the peoples of the Bahamas and also a solution to another serious problem in the popular tourist destination, corruption. Turnquist’s plan to bring blockchain technology to the island in order to put an end to corruption in the government was key to his appointment to office one year ago. The Deputy Prime Minister said:

“Using technology and single points of contact we are able to eliminate a lot of the human element that facilitates corruption, and so when we talk about applying for government services, if we have a single portal for entry and all of the processing being done behind the scenes, either through electronic data interchange or through human facilitation we can eliminate that point where we Bahamians call it, you have to tip somebody in order to get service.”

The Bahamas joins a long and growing list of countries considering or actively developing cryptocurrencies including Ecuador, China, Senegal and Singapore. Some commentators on Reddit take umbrage at the use of the term cryptocurrency to describe a central bank controlled digital currency as it removes the core characteristics of coins like Bitcoin that were developed as an alternative to state-backed monies.

The post Bahamas is Launching a State Backed Cryptocurrency, is it Legitimate? appeared first on NewsBTC.

from Cryptocracken WP https://ift.tt/2MWXiZJ via IFTTT

[joshuajacksonlyblog]

Bahamas is Launching a State Backed Cryptocurrency, is it Legitimate?

As Freeport, Grand Bahama Island continues its quest to become the Silicon Valley of the Caribbean by hosting the 2018 Bahamas Blockchain and Cryptocurrency Conference its central bank has announced plans to pilot a digital currency.

Bahamian Dollar to go Digital

Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest made the announcement during the conference as he spoke about his wishes for Grand Bahama to become a digital hub, saying:  “The production of a modern fully digital payment service is the way forward for this era of governance.”

The Bahaman archipelago, located east of Florida in the Atlantic Ocean, uses two fiat currencies. The Bahamian Dollar and the USD are used simultaneously but since the Bahamian dollar is pegged to the value of the USD at a 1:1 ratio, in reality, the Bahamas does not have its own currency. Creating a digital currency may allow for a truly native dollar to reflect the islands 9 billion USD gross domestic product.

Developing Digital Brings Banking Services To All

Deputy Prime Minister Turnquest hopes the development of a digital currency can solve two major banking problems in the Bahamas. As the Bahamas is comprised of many small islands with low populations many of its people have limited access to banking services. This forces citizens from outlying islands to make arduous boat trips to the main islands, sometimes carrying large amounts of cash, in order to do their banking.

Mr. Turnquest sees the creation of a digital currency as a way to bring a range of banking services to all the peoples of the Bahamas and also a solution to another serious problem in the popular tourist destination, corruption. Turnquist’s plan to bring blockchain technology to the island in order to put an end to corruption in the government was key to his appointment to office one year ago. The Deputy Prime Minister said:

“Using technology and single points of contact we are able to eliminate a lot of the human element that facilitates corruption, and so when we talk about applying for government services, if we have a single portal for entry and all of the processing being done behind the scenes, either through electronic data interchange or through human facilitation we can eliminate that point where we Bahamians call it, you have to tip somebody in order to get service.”

The Bahamas joins a long and growing list of countries considering or actively developing cryptocurrencies including Ecuador, China, Senegal and Singapore. Some commentators on Reddit take umbrage at the use of the term cryptocurrency to describe a central bank controlled digital currency as it removes the core characteristics of coins like Bitcoin that were developed as an alternative to state-backed monies.

The post Bahamas is Launching a State Backed Cryptocurrency, is it Legitimate? appeared first on NewsBTC.

from Cryptocracken Tumblr https://ift.tt/2MWXiZJ via IFTTT

[savetopnow]

2018-03-27 01 VIDEO now

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