Kevin’s Week in Tech: Crypto Tokin’

Kevin’s Week in Tech: Crypto Tokin’

Maybe it was the wafting weed perfume, or the Lambos, or simply the sight of numerous wealthy males speaking about margin buying and selling whereas awkwardly dancing to rap music, however I picked up a powerful Wall-Street-party-circa-2006 vibe from Blockchain Week. I’m not an professional on the cryptocurrency markets, and wouldn’t enterprise to guess what’s […]

Why A.I. and Cryptocurrency Are Making One Type of Computer Chip Scarce

Why A.I. and Cryptocurrency Are Making One Type of Computer Chip Scarce

SAN FRANCISCO — Two know-how booms — some individuals would possibly name them frenzies — are combining to show a once-obscure sort of microprocessor into a must have however scarce commodity. Artificial intelligence techniques, made by firms ranging in measurement from Google to the Chinese start-up Malong Technologies, rely closely on a pc chip known […]

Bitcoin Sees Wall Street Warm to Trading Virtual Currency

Bitcoin Sees Wall Street Warm to Trading Virtual Currency

SAN FRANCISCO — Some of the largest names on Wall Street are warming as much as Bitcoin, a digital foreign money that for practically a decade has been consigned to the unregulated fringes of the monetary world. The father or mother firm of the New York Stock Exchange has been engaged on a web based […]

He Fled a Prison in Iceland. Now It’s Good to Be Back.

He Fled a Prison in Iceland. Now It’s Good to Be Back.

REYKJAVIK, Iceland — It has been greater than 4 months since thieves pulled off the largest heist within the historical past of Iceland, and the police right here nonetheless do not know the place the booty — roughly $2 million price of Bitcoin-mining computer systems — is stashed. A breakthrough within the case appeared imminent […]

Goldman Sachs to Open a Bitcoin Trading Operation

Goldman Sachs to Open a Bitcoin Trading Operation

“I would not describe myself as a true believer who wakes up thinking Bitcoin will take over the world,” Ms. Yared mentioned. “For almost every person involved, there has been personal skepticism brought to the table.” Photo Justin Schmidt, left, who will run Goldman Sachs’s Bitcoin operation, with Marianna Lopert-Schaye, vice chairman of principal strategic […]

Blockchain Will Be Theirs, Russian Spy Boasted at Conference

Blockchain Will Be Theirs, Russian Spy Boasted at Conference

Both of the delegates who recounted their conversations did so on the situation of anonymity, as a result of discussions on the International Standards Organization, or I.S.O., are alleged to be confidential. Neither the Russian organizations overseeing the delegation to the I.S.O. nor the Russian delegates responded to requests for remark. Photo The blockchain “really […]

Razer will pay $61 million for virtual currency firm MOL Global

Razer can pay $61 million for digital foreign money agency MOL Global

Gamer gear firm Razer stated it plans to accumulate the remaining 65 p.c of shares of digital foreign money agency MOL Global for $61 million in money. Razer already owns 34.9 p.c of the Malaysia-based MOL Global, which has a digital credit platform that’s well-liked in Asia. Razer invested $20 million in MOL Global in […]

A Former Top Wall Street Regulator Turns to the Blockchain

A Former Top Wall Street Regulator Turns to the Blockchain

“There is a strong case for both of them — but particularly Ripple — that they are noncompliant securities,” he stated in an interview. He believes that Bitcoin, the unique digital foreign money, can stay exempt from securities laws. Mr. Gensler might be some of the influential voices to weigh in on a collection of […]

What Happened to Matthew Mellon

What Happened to Matthew Mellon

Four years in the past, Matthew Mellon was dwelling in an art-filled apartment within the Pierre lodge together with his younger second spouse, Nicole Hanley. He had three younger youngsters, the eldest of whom lives together with his first spouse, Tamara Mellon, a founding father of Jimmy Choo. His marriage to Ms. Hanley was breaking […]