A step closer to protecting individual privacy In April 2021, Russian hackers gained access to Colonial Pipeline’s computer network and shut it down. They demanded $4.4 million in bitcoin to turn it back on, and the company quickly paid the ransom. Within months, the FBI found and seized the hackers’ bitcoins. Because bitcoin’s blockchain records … Continued
While many think of cryptocurrency as a way to make money or move it around, entrepreneurs and developers have started using the technology to solve problems with financial and commercial systems. Some aim to rebuild the internet, others want to create frameworks for securing property rights, and a few choose to solve esoteric problems related … Continued
The best investors and gamblers have something in common. They share an emphasis on game theory—a rational way to quantify the expected gains from decisions and probabilities. While generally applied to economic decisions, game theory can also help gamblers identify optimal moves in games like poker that involve a series of decisions. But most investment … Continued
Politicians have long accused big tech of monopolistic business practices, invasions of privacy, abuse of data and suppression of free speech. Voters largely agree, at least in the United States, where a majority support breaking up Amazon and other giant internet companies. In recent years, governments have levied fines, raised taxes, crafted new regulations, held … Continued
Given bitcoin’s high volatility, how do investors know whether an upswing marks the peak of the market or just a “local top” before another leg up? Thanks to the transparency of bitcoin’s blockchain, analysts can see changes in spending behaviors, money entering and leaving exchanges, gains and losses among bitcoin wallets, and other information about … Continued
