June 3, 2020

The Brutal Attack on Iyanna Dior Proves ‘Black Lives Matter’ Isn’t Enough

June 3, 2020 boss

Iyanna Dior is a black trans woman who was brutally attacked at a convenience store in Minneapolis. Minneapolis is the nexus of the latest #BlackLivesMatter protests, and where George Floyd was murdered. Dior’s attack caused activists to make clear: all Black lives must matter. Iyanna Dior had no idea that she would lead a movement. The trans black woman — a native of Minneapolis — found herself at the center of the current Black Lives Matter movement when a video of her assault went viral on social media. And while, thankfully, Dior…

Blockchain Platform to Track $2.5B Worth of Tea Products

June 3, 2020 boss

The Chinese province of Yunnan announced the official launch of a blockchain-powered traceability platform for its Pu’er tea farms on June 3. The blockchain platform was first announced in the 2020 Phoenix Nest Ancient Tree Spring Tea New Product Launch Conference in Kunming, Yunnan. They will use the platform to conduct quality control, sales, and loan financing operations on 42,000 hectares of farmland across the province. According to Chinanews, the province is famous for its dark, fermented variety of tea. It’s the major Chinese agricultural products exporter, and hit almost…

“Bitcoin will approach record high of about $20,000 this year”

June 3, 2020 boss

The latest report from Bloomberg reveals that the company expects Bitcoin (BTC) to retest the record highs from 2017, and may even go as high as $28,000. COVID-19 & Institutions helping Bitcoin The report suggests that COVID-19 has accelerated Bitcoin’s maturation as an asset, showing its strength amid declining equities. In addition, it points to the ever-increasing appetite from the institutional investors, and Grayscale, or GBTC, in particular; which has been consuming about 25% of the the new supply: “So far this year, its increasing AUM has consumed about 25%…

Pomp Explains Why Mainstream Markets Are Up Amid Chaos

June 3, 2020 boss

Even in light of recent riots, protests, and uncertainties, mainstream U.S. financial markets show upward prices due to overarching forces, according to Morgan Creek Digital co-founder, Anthony Pompliano. “Yes there are protests, there are all these things, but the bigger force is the fact that now all these businesses are opening up,” Pompliano said in a June 2 episode of “Lunch Money” on his YouTube channel. “There’s going to be more economic activity and there should be a recovery in that data.” Economy returning to function After weeks of shelter-in-place…

Latest Bitcoin Core Code Release Protects Against Nation-State Attacks

June 3, 2020 boss

The 20th iteration of Bitcoin Core, the open source software powering the Bitcoin blockchain, was released Wednesday. Experimental software called “Asmap” was included to protect against a theoretical “Erebus” attack. An Erebus attack allows nation-states and/or large internet providers such as Amazon Web Services to spy, double-spend or censor bitcoin transactions. The patch would help thwart an attack but is not a conclusive fix. Bitcoin Core released a new software update Wednesday, Bitcoin Core 0.20.0. Notably, the release includes experimental software to hedge against attacks from players the size of…

Spanish Multinational Launches Free Tool to Decrypt Files Affected by VCryptor Ransomware

June 3, 2020 boss

On June 3, Spain-based telecommunications conglomerate, Telefónica, released a free tool to recover data encrypted by the VCryptor ransomware. The tool, VCrypt Decryptor, was created as part of an international initiative titled “No More Ransomware”. This alliance was established by McAfee, Europol, Politie, and Kaspersky. It is one of several tools that aim to decrypt almost 134 types of ransomware. VCrypt’s attack method According to ElevenPaths, Telefonica’s specialized cybersecurity unit, VCryptor creates a password-protected .zip file in which it stores all encrypted data. It then generates new files with the…

How Gemini Works in Sync With Samsung’s Wallet

June 3, 2020 boss

Crypto exchange Gemini announced compatibility with the Samsung Blockchain Wallet last week, allowing users to interact with the exchange through the wallet. U.S. and Canadian “Samsung Blockchain Wallet users can buy, sell and store crypto on their phones through the Gemini exchange,” Gemini’s managing director of operations, Jeanine Hightower-Selitto, told Cointelegraph via email correspondence. Two platforms interact The Samsung Blockchain Wallet app shows funds held on the Gemini exchange, letting customers interact with the platform, Hightower-Selitto said. Essentially, users now have more of a one-stop-shop experience through a single point of entry. Hightower-Selitto…

Run the Jewels Is 2020’s Public Enemy – and This Time, We’re All Listening

June 3, 2020 boss

Rap duo Run the Jewels dropped their latest record “RJ4” early. The album is rife with activist lyrics denouncing oppression and police brutality. While groups like Public Enemy carried the same message 30 years ago, the rest of the world might finally be ready to take it in. Run the Jewels dropped their new album RJ4 early, and the timing is unbelievable. Groups like Public Enemy and NWA began their outcry against police violence in the late 80s. While these artists gained a large following, the American community at large…