World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge
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World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge

The World Economic Forum (WEF) suggested that leaders around the world need to do more to ensure a quicker and more sustainable recovery for the global economy caused by the COVID-19 pandemic.      Amongst the 350 top risk professionals in the world surveyed, these risk managers expect a prolonged global recession, as a number of areas of concern were identified in the report compiled by the Forum’s Global Risks Advisory Board, Marsh & McLennan Companies Inc, and Zurich Insurance Group.   Half of the respondents expressed expected bankruptcies and industry consolidation, and failure of industries to recover, and a disruption of supply chains. The World Economic Forum published a report on the importance of blockchain in supply chain disruption amid the pandemic.    Saadia Zahidi, Mana...
The Shadow of Satoshi’s Ghost: Why Bitcoin Mythology Matters
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The Shadow of Satoshi’s Ghost: Why Bitcoin Mythology Matters

How the myth-making around Satoshi reinforces what makes bitcoin unique in the landscape of global monies. On Wednesday, a batch of coins mined just a month after bitcoin’s birth were moved. It was the first time since August 2017 that any bitcoin from early 2009 had been transferred, and the action set Bitcoin Twitter on fire. While a number of bitcoin archaeologists quickly and persuasively argued the tokens were almost assuredly not mined by bitcoin creator Satoshi Nakamoto, it was a moment that reinforced the living history in the bitcoin ecosystem.  In this episode, NLW looks at what makes the Satoshi mythology powerful:  And while the battles within the bitcoin community around interpretation may look more like the early history of religions than like a business ecosystem, NLW argues...
Blockchain Evidence and Courts – A cross-jurisdictional analysis
Blockchain

Blockchain Evidence and Courts – A cross-jurisdictional analysis

Share and get +16 +16 This article will analyze the developments about Blockchain evidence and courts in the USA, China, Azerbaijan, the United Kingdom and Italy.A number of major jurisdictions across the globe have recently addressed the issue of the admissibility of evidence recorded on blockchain in courts. These developments have taken place in a number of ways; some jurisdictions have passed new laws to specifically regulate the legal recognition of blockchain evidence, others have amended existing laws, while certain jurisdictions have published statements clarifying their regulation under existing law.Blockchain Evidence and CourtsUSAThe Federal Government of the United States has not exercised its constitutional power to implement legislation regulating the admissibility of blockch...
Bill Gates’ COVID Conspiracy Grows In Italian Parliament, Allegations of Population Control by Political Anti-Vaxxer
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Bill Gates’ COVID Conspiracy Grows In Italian Parliament, Allegations of Population Control by Political Anti-Vaxxer

The COVID-19 pandemic has brought many subjects to the forefront: our reliance on oil, manufacturing in China, the need for digital dollars, the frailty of our global supply chain, and our lack of preparation to deal with the outbreak. However, perhaps the strangest topic online and the most unavoidable has been the conspiracy theory chasing Bill Gates and his foundation’s efforts to produce a Covid-19 vaccine. The accusations range from him directly being the cause of the pandemic, to being the head of an Illuminati like circular cabal bent on controlling the world through microchips, and now an insidious plan to depopulate the planet of billions of people. Where we Came In We are a blockchain news site, while we absolutely love discussing technologies that may appear to border on fantas...
Blockchain Bites: Iran and Russia Revisit Crypto Regulations, Bitcoin Pizza Day 10 Years Later
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Blockchain Bites: Iran and Russia Revisit Crypto Regulations, Bitcoin Pizza Day 10 Years Later

News 'Diet'Laszlo Hanyecz has the honor of conducting the first commercial Bitcoin transaction: trading 10,000 bitcoin for about $30 worth of pizza. Ten years later, those bitcoin would be worth $91 million. He apparently has no regrets. “It was a really interesting system but nobody’s using it,” Hanyecz said. “If nobody’s using it, it doesn’t matter if I have it all.”  You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here. Blockchain Bites will publish next on Tuesday, May 26. Happy Memorial Day to our U.S. readers. This one transaction, conducted about a year after Bitcoin’s inception, was the proof-of-concept necessary for a whole emergent...
What is An Initial Coin Offering? Raising Millions In Seconds
Blockchain

What is An Initial Coin Offering? Raising Millions In Seconds

Share and get +16 +16 Initial Coin Offering (ICO) is the cryptocurrency’s world public crowdsale. Whenever a project wants to launch a new coin or dApp, they can conduct an ICO to attract investors into their ecosystem.ICO DefinitionThe most alluring part of ICOs is the lack of red tape and formality. More often than not, a company simply has to submit a whitepaper to qualify for an ICO. Companies have been able to raise millions of dollars in mere seconds, thanks to ICOs.In fact, the amount of money that ICOs have raised over the last two years is truly astonishing. In 2017, ICOs raised a total of $5.6 billion. If that sounds shocking to you then think about this.ICOs have already raised $6.3 billion, 4.5 months into 2018 alone!After seeing all these stats, it makes sense as to why more a...
Bill Gates Planned COVID-19 Pandemic via Deep-state ‘Circular Cabal’, says Disgraced Dr. Mikovits
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Bill Gates Planned COVID-19 Pandemic via Deep-state ‘Circular Cabal’, says Disgraced Dr. Mikovits

A recent clip from a soon to be released documentary called ‘Plandemic’ features a disgraced virologist, Dr. Judy Mikovits accusing a sinister corporate-controlled “circular cabal” led by Bill Gates himself, of creating the coronavirus pandemic. Mikovits is adamant that this group she refers to as a “circular cabal” is led by Microsoft Founder turned philanthropist Bill Gates and she even goes on to accuse Dr. Anthony Fauci, the Director of the National Institute of Allergy and Infectious Diseases of burying her research which allegedly proved that vaccines weaken people’s immune systems and made them more vulnerable to the coronavirus. Disgraced Doctor’s COVID Theory Prior to the clip of Plandemic being released, Mikovits authored and published a book entitled ‘Plague of Corruption’ whic...
Designer Money for a Machine-Run Post-COVID World
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Designer Money for a Machine-Run Post-COVID World

A headline in MIT Technology Review caught my attention this week: “The pandemic is emptying call centers. AI chatbots are swooping in.” COVID-19’s perfect storm – a global public health crisis, an economic meltdown and a surge in online connectivity – could accelerate what World Economic Forum founder Klaus Schwab calls the Fourth Industrial Revolution. In creating imperatives for both cost-cutting and software-dependent innovation, the pandemic is bringing us closer to an economy dominated by integrated networks of digital devices. This raises all sorts of vital questions. But here we’ll just drill down into one: what kind of money will this new society need?  It’s likely that long-term unemployment will be a defining condition of this emerging machine-dominant economy. We’re not just ta...
FOREX.com Review: 3 Key Findings for 2020
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FOREX.com Review: 3 Key Findings for 2020

ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trading forex carries a high level of risk. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This content is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. FOREX.com delivers an excellent trading experience for forex and CFDs traders across the globe. With competitive pricing, full-feature trading platfo...
What is Ethereum? [The Most Updated Step-by-Step-Guide!]
Blockchain

What is Ethereum? [The Most Updated Step-by-Step-Guide!]

Share and get +16 +16 If you want to know what is ethereum, how it works, and what it can be used for, without going deep into the technical abyss, this guide is perfect for you.Ethereum is a global, decentralized platform for money and new kinds of applications. On Ethereum, you can write code that controls the money, and build applications accessible anywhere in the world.Is Ethereum better than Bitcoin?Beyond Bitcoin & first-generation decentralized applicationsAlthough commonly associated with Bitcoin, blockchain technology has many other applications that go way beyond digital currencies. In fact, Bitcoin is only one of several hundred applications that use blockchain technology today. Until relatively recently, building blockchain applications has required a complex background in...