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Cryptographer and leading C++ software engineer at Ripple Nik Bougalis offers advice on remote work management to firms amid the coronavirus pandemic. In a March 16 tweet , Bougalis offered his help to company managers looking to have their teams work remotely. His proposal comes as the ongoing epidemic resulted in a global push for remote work in an attempt to decrease the opportunities that the disease has to spread further. The Atlantic wrote on March 13 that people have anticipated the rise in remote work since the personal computer was invented. Still, the outlet points out that remote work adoption has been slow so far, “but the next few months will be a very strange test” of this kind of work. Bougalis explained that he has worked remotely for 20 years and is currently leading a team at Ripple that is both large and completely distributed. He wrote: “If you’re new to remote work — especially as a manager — and have questions, please ask! I’ll try my best...

The Italian Red Cross and the Colli Albani Committee are raising donations of Bitcoin and other cryptocurrencies to fight the country’s coronavirus pandemic with the support of Helperbit, as announced on March 12. Proceeds from the campaign will reportedly be used to set up a second-level advanced medical post for pre-triage of COVID-19 cases in the country, and it is expected to reach a goal of €10,000 to buy the necessary medical equipment for the infrastructure. The remaining funds will be used to cover the fees of the medical staff that will be involved in the project. Bruno Pietrosanti, president of the Colli Albani Committee, said that they need to ease the pressure on hospitalizations due to the increase in infected patients and the reduced number of places available in Italian hospitals: On carrying out the initiative alongside Helperbit, a blockchain startup that offers a platform for charities, Pietrosanti added the following: “We believe that an...

The United States Immigration and Customs Enforcement (ICE) has revealed the existence of a Cryptocurrency Intelligence Program (CIP) in the agency’s 2021 budget proposal . The proposal states that the CIP seeks to identify unlicensed capital flows taking place across peer-to-peer (P2P) marketplaces, online forums, and darknet markets. The CIP was developed by ICE’s Bulk Cash Smuggling Center (BCSC). “The BCSC has developed a Cryptocurrency Intelligence Program (CIP) which identifies unlicensed money services businesses in the form of independent cryptocurrency brokers’ use of peer-to-peer (P2P) sites, online forums and classified advertisements, and darknet markets (DNM) to engage in unlicensed money services businesses (MSB) activity.” ICE states that “a large portion” unlicensed MSBs operating with cryptocurrency on darknet markets and P2P marketplaces are engaged in the laundering of narcotics proceeds. The agency adds that it has increased its training and cy...

Bitcoin To Hit $100K In 2025, Says Justin Sun, Founder Of Tron Justin Sun, the founder and CEO of Tron (TRX), the 15th biggest cryptocurrency by market cap, is investing in a number of cryptos other than Bitcoin (BTC). In a Feb. 23 interview with CNN, Tron CEO said that he is a long-term believer in cryptocurrencies and owns a stake in many altcoins, including the two largest coins after Bitcoin  —  Ether (ETH) and XRP. Iranian Cell Calls For The Use Of Cryptocurrency This week an Iranian general called for a unique way to bypass the sanctions on his country enforced by the United States. Saeed Muhammad, commander of the Islamic Revolutionary Guard Corps, called for Iran to use cryptocurrencies to evade the economic sanctions. According to the Telegram channel of Coinit.ir , a crypto news organization based in Iran, the general addressed a crowd on Feb. 26 (translated from Farsi): “We are demanding the creation of a more sophisticated mechanism to bypas...

Ukrainian Regulations States That Mining Does Not Require Governmental Oversight Ukrainian’s powers stated that crypto mining does not require regulatory activity from governmental oversight bodies or other third-party protocols. In its legal article on virtual assets published on Feb. 7, the Ministry of Digital Transformation of Ukraine specified that mining does not necessitate directives by state authorities as this activity is measured by the protocol itself and network members. Internet Surges 300% In North Korea Over The Past 3 Years North Korea’s internet use saw a 300% surge over the past three years, as the country’s regime has continued to rely on cryptocurrencies for various activities. Misuse of crypto and blockchain technology is among the primary tactics for the country to generate revenue as well as transfer and use illicitly obtained funds, a new study says. Blog U.S. Think Tank Contradicts Need For Federal Digital Currency ...

PwC Switzerland Partners With Chain Security Smart contract auditing team ChainSecurity partnered with the Swiss branch of Big Four auditing firm PwC to enhance the services the global auditor provides. In an email sent to Cointelegraph, a PwC spokesperson explained that no acquisition took place and multiple ChainSecurity teams joined the firm. According to a press release published by the firm on Jan. 5, PwC hopes that, with ChainSecurity’s team, the firm will become “the world’s leader in smart contract auditing.” FTX Launched Bitcoin Option Trading Cryptocurrency derivatives exchange FTX has launched Bitcoin (BTC) options trading on Jan. 11. FTX CEO Sam Bankman-Fried announced in a tweet on 11th January, that options were listed on the trading platform. Furthermore, later the same day he also claimed that options trading volume on the exchange reached $1 million in about 2 hours. Student Wins Satoshi Nakamoto Scholarship Bitcoin SV (BSV)-promoting Bitc...

05-January- 2020 Ethereum Block Time Reduced By 25% Source : Unsplash.com The average block time on the Ethereum blockchain reduced by almost a quarter after the mining difficulty was eliminated. Data stated on Ethereum block explorer Etherscan demonstrates that from Jan. 1 to Jan. 4, the daily average block time on the blockchain reduced from 17.16 seconds to 12.96. This translates to a 24.48% shorter block time. 06-January- 2020 Bill To Study The Benefits Of Implementing Blockchain In The Election System Source : Unsplash.com The United States Virginia State’s legislature is looking into studying Blockchain to improve the election and voting systems . The bill to look into the study of blockchain was prefiled on the 27th of December, 2019 and was up for offering on the 8th of January, 2020, the House of Delegates and the Senate concurred that the Department of Elections is requested to study the use of blockchain technology to protect ...

We often see Bitcoin and other cryptocurrencies like the Wild West : no rules, no social norms, only greed, selfishness and mining. This professed lack of law and order makes the crypto world scary to many people. Nevertheless, in reality, there are rules that govern decentralized peer-to-peer (p2p) networks such as Bitcoin . These rules are coded into procedures and deliver the framework for how contributors of a network interact with each other. They help us create a secure, trustworthy and valuable system, just like laws deliver a framework for a better society. Cryptoeconomics asks the question of how we can design these rules and incentives, so that the networks stay secure and create value for everyone. Cryptoeconomics uses cryptographic tools, game theory and economic incentives to achieve this goal. The Two Pillars of Cryptoeconomics Cryptography: techniques that keep messages secure Economic incentives : rules and rewards that encourage you to add value to t...