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A Vast New Data Set Could Supercharge the AI Hunt for Crypto Money Laundering
Wed, 01 May 2024 13:00:00 +0000
Blockchain analysis firm Elliptic, MIT, and IBM have released a new AI model—and the 200-million-transaction dataset it's trained on—that aims to spot the “shape” of bitcoin money laundering.
Match ID: 0 Score: 30.00 source: www.wired.com age: 0 days
qualifiers: 20.00 cryptocurrenc(y|ies), 10.00 bitcoin(|s)
Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison
Tue, 30 Apr 2024 19:10:15 +0000
A US judge has sentenced crypto kingpin Changpeng Zhao, also known as CZ, to four months in prison for breaking anti-money-laundering rules.
Match ID: 1 Score: 30.00 source: www.wired.com age: 1 day
qualifiers: 20.00 cryptocurrenc(y|ies), 10.00 bitcoin(|s)
‘Bitcoin Jesus’ Charged in $50 Million Tax Fraud
2024-05-02T01:46:45+00:00
submitted by /u/aacool [link] [comments] |
Imagine a world in which you can do transactions and many other things without having to give your personal information. A world in which you don’t need to rely on banks or governments anymore. Sounds amazing, right? That’s exactly what blockchain technology allows us to do.
It’s like your computer’s hard drive. blockchain is a technology that lets you store data in digital blocks, which are connected together like links in a chain.
Blockchain technology was originally invented in 1991 by two mathematicians, Stuart Haber and W. Scot Stornetta. They first proposed the system to ensure that timestamps could not be tampered with.
A few years later, in 1998, software developer Nick Szabo proposed using a similar kind of technology to secure a digital payments system he called “Bit Gold.” However, this innovation was not adopted until Satoshi Nakamoto claimed to have invented the first Blockchain and Bitcoin.
A blockchain is a distributed database shared between the nodes of a computer network. It saves information in digital format. Many people first heard of blockchain technology when they started to look up information about bitcoin.
Blockchain is used in cryptocurrency systems to ensure secure, decentralized records of transactions.
Blockchain allowed people to guarantee the fidelity and security of a record of data without the need for a third party to ensure accuracy.
To understand how a blockchain works, Consider these basic steps:
Let’s get to know more about the blockchain.
Blockchain records digital information and distributes it across the network without changing it. The information is distributed among many users and stored in an immutable, permanent ledger that can't be changed or destroyed. That's why blockchain is also called "Distributed Ledger Technology" or DLT.
Here’s how it works:
And that’s the beauty of it! The process may seem complicated, but it’s done in minutes with modern technology. And because technology is advancing rapidly, I expect things to move even more quickly than ever.
Even though blockchain is integral to cryptocurrency, it has other applications. For example, blockchain can be used for storing reliable data about transactions. Many people confuse blockchain with cryptocurrencies like bitcoin and ethereum.
Blockchain already being adopted by some big-name companies, such as Walmart, AIG, Siemens, Pfizer, and Unilever. For example, IBM's Food Trust uses blockchain to track food's journey before reaching its final destination.
Although some of you may consider this practice excessive, food suppliers and manufacturers adhere to the policy of tracing their products because bacteria such as E. coli and Salmonella have been found in packaged foods. In addition, there have been isolated cases where dangerous allergens such as peanuts have accidentally been introduced into certain products.
Tracing and identifying the sources of an outbreak is a challenging task that can take months or years. Thanks to the Blockchain, however, companies now know exactly where their food has been—so they can trace its location and prevent future outbreaks.
Blockchain technology allows systems to react much faster in the event of a hazard. It also has many other uses in the modern world.
Blockchain technology is safe, even if it’s public. People can access the technology using an internet connection.
Have you ever been in a situation where you had all your data stored at one place and that one secure place got compromised? Wouldn't it be great if there was a way to prevent your data from leaking out even when the security of your storage systems is compromised?
Blockchain technology provides a way of avoiding this situation by using multiple computers at different locations to store information about transactions. If one computer experiences problems with a transaction, it will not affect the other nodes.
Instead, other nodes will use the correct information to cross-reference your incorrect node. This is called “Decentralization,” meaning all the information is stored in multiple places.
Blockchain guarantees your data's authenticity—not just its accuracy, but also its irreversibility. It can also be used to store data that are difficult to register, like legal contracts, state identifications, or a company's product inventory.
Blockchain has many advantages and disadvantages.
I’ll answer the most frequently asked questions about blockchain in this section.
Blockchain is not a cryptocurrency but a technology that makes cryptocurrencies possible. It's a digital ledger that records every transaction seamlessly.
Yes, blockchain can be theoretically hacked, but it is a complicated task to be achieved. A network of users constantly reviews it, which makes hacking the blockchain difficult.
Coinbase Global is currently the biggest blockchain company in the world. The company runs a commendable infrastructure, services, and technology for the digital currency economy.
Blockchain is a decentralized technology. It’s a chain of distributed ledgers connected with nodes. Each node can be any electronic device. Thus, one owns blockhain.
Bitcoin is a cryptocurrency, which is powered by Blockchain technology while Blockchain is a distributed ledger of cryptocurrency
Generally a database is a collection of data which can be stored and organized using a database management system. The people who have access to the database can view or edit the information stored there. The client-server network architecture is used to implement databases. whereas a blockchain is a growing list of records, called blocks, stored in a distributed system. Each block contains a cryptographic hash of the previous block, timestamp and transaction information. Modification of data is not allowed due to the design of the blockchain. The technology allows decentralized control and eliminates risks of data modification by other parties.
Blockchain has a wide spectrum of applications and, over the next 5-10 years, we will likely see it being integrated into all sorts of industries. From finance to healthcare, blockchain could revolutionize the way we store and share data. Although there is some hesitation to adopt blockchain systems right now, that won't be the case in 2022-2023 (and even less so in 2026). Once people become more comfortable with the technology and understand how it can work for them, owners, CEOs and entrepreneurs alike will be quick to leverage blockchain technology for their own gain. Hope you like this article if you have any question let me know in the comments section
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Non-fungible tokens (NFTs) are the most popular digital assets today, capturing the attention of cryptocurrency investors, whales and people from around the world. People find it amazing that some users spend thousands or millions of dollars on a single NFT-based image of a monkey or other token, but you can simply take a screenshot for free. So here we share some freuently asked question about NFTs.
NFT stands for non-fungible token, which is a cryptographic token on a blockchain with unique identification codes that distinguish it from other tokens. NFTs are unique and not interchangeable, which means no two NFTs are the same. NFTs can be a unique artwork, GIF, Images, videos, Audio album. in-game items, collectibles etc.
A blockchain is a distributed digital ledger that allows for the secure storage of data. By recording any kind of information—such as bank account transactions, the ownership of Non-Fungible Tokens (NFTs), or Decentralized Finance (DeFi) smart contracts—in one place, and distributing it to many different computers, blockchains ensure that data can’t be manipulated without everyone in the system being aware.
The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
One of the unique characteristics of non-fungible tokens (NFTs) is that they can be tokenised to create a digital certificate of ownership that can be bought, sold and traded on the blockchain.
As with crypto-currency, records of who owns what are stored on a ledger that is maintained by thousands of computers around the world. These records can’t be forged because the whole system operates on an open-source network.
NFTs also contain smart contracts—small computer programs that run on the blockchain—that give the artist, for example, a cut of any future sale of the token.
Non-fungible tokens (NFTs) aren't cryptocurrencies, but they do use blockchain technology. Many NFTs are based on Ethereum, where the blockchain serves as a ledger for all the transactions related to said NFT and the properties it represents.5) How to make an NFT?
Anyone can create an NFT. All you need is a digital wallet, some ethereum tokens and a connection to an NFT marketplace where you’ll be able to upload and sell your creations
When you purchase a stock in NFT, that purchase is recorded on the blockchain—the bitcoin ledger of transactions—and that entry acts as your proof of ownership.
The value of an NFT varies a lot based on the digital asset up for grabs. People use NFTs to trade and sell digital art, so when creating an NFT, you should consider the popularity of your digital artwork along with historical statistics.
In the year 2021, a digital artist called Pak created an artwork called The Merge. It was sold on the Nifty Gateway NFT market for $91.8 million.
Non-fungible tokens can be used in investment opportunities. One can purchase an NFT and resell it at a profit. Certain NFT marketplaces let sellers of NFTs keep a percentage of the profits from sales of the assets they create.
Many people want to buy NFTs because it lets them support the arts and own something cool from their favorite musicians, brands, and celebrities. NFTs also give artists an opportunity to program in continual royalties if someone buys their work. Galleries see this as a way to reach new buyers interested in art.
There are many places to buy digital assets, like opensea and their policies vary. On top shot, for instance, you sign up for a waitlist that can be thousands of people long. When a digital asset goes on sale, you are occasionally chosen to purchase it.
To mint an NFT token, you must pay some amount of gas fee to process the transaction on the Etherum blockchain, but you can mint your NFT on a different blockchain called Polygon to avoid paying gas fees. This option is available on OpenSea and this simply denotes that your NFT will only be able to trade using Polygon's blockchain and not Etherum's blockchain. Mintable allows you to mint NFTs for free without paying any gas fees.
The answer is no. Non-Fungible Tokens are minted on the blockchain using cryptocurrencies such as Etherum, Solana, Polygon, and so on. Once a Non-Fungible Token is minted, the transaction is recorded on the blockchain and the contract or license is awarded to whoever has that Non-Fungible Token in their wallet.
You can sell your work and creations by attaching a license to it on the blockchain, where its ownership can be transferred. This lets you get exposure without losing full ownership of your work. Some of the most successful projects include Cryptopunks, Bored Ape Yatch Club NFTs, SandBox, World of Women and so on. These NFT projects have gained popularity globally and are owned by celebrities and other successful entrepreneurs. Owning one of these NFTs gives you an automatic ticket to exclusive business meetings and life-changing connections.
That’s a wrap. Hope you guys found this article enlightening. I just answer some question with my limited knowledge about NFTs. If you have any questions or suggestions, feel free to drop them in the comment section below. Also I have a question for you, Is bitcoin an NFTs? let me know in The comment section below
In the rapidly advancing landscape of AI technology and innovation, LimeWire emerges as a unique platform in the realm of generative AI tools. This platform not only stands out from the multitude of existing AI tools but also brings a fresh approach to content generation. LimeWire not only empowers users to create AI content but also provides creators with creative ways to share and monetize their creations.
As we explore LimeWire, our aim is to uncover its features, benefits for creators, and the exciting possibilities it offers for AI content generation. This platform presents an opportunity for users to harness the power of AI in image creation, all while enjoying the advantages of a free and accessible service.
Let's unravel the distinctive features that set LimeWire apart in the dynamic landscape of AI-powered tools, understanding how creators can leverage its capabilities to craft unique and engaging AI-generated images.
This revamped LimeWire invites users to register and unleash their creativity by crafting original AI content, which can then be shared and showcased on the LimeWire Studio. Notably, even acclaimed artists and musicians, such as Deadmau5, Soulja Boy, and Sean Kingston, have embraced this platform to publish their content in the form of NFT music, videos, and images.
Beyond providing a space for content creation and sharing, LimeWire introduces monetization models to empower users to earn revenue from their creations. This includes avenues such as earning ad revenue and participating in the burgeoning market of Non-Fungible Tokens (NFTs). As we delve further, we'll explore these monetization strategies in more detail to provide a comprehensive understanding of LimeWire's innovative approach to content creation and distribution.
LimeWire Studio welcomes content creators into its fold, providing a space to craft personalized AI-focused content for sharing with fans and followers. Within this creative hub, every piece of content generated becomes not just a creation but a unique asset—ownable and tradable. Fans have the opportunity to subscribe to creators' pages, immersing themselves in the creative journey and gaining ownership of digital collectibles that hold tradeable value within the LimeWire community. Notably, creators earn a 2.5% royalty each time their content is traded, adding a rewarding element to the creative process.
The platform's flexibility is evident in its content publication options. Creators can choose to share their work freely with the public or opt for a premium subscription model, granting exclusive access to specialized content for subscribers.
As of the present moment, LimeWire focuses on AI Image Generation, offering a spectrum of creative possibilities to its user base. The platform, however, has ambitious plans on the horizon, aiming to broaden its offerings by introducing AI music and video generation tools in the near future. This strategic expansion promises creators even more avenues for expression and engagement with their audience, positioning LimeWire Studio as a dynamic and evolving platform within the realm of AI-powered content creation.
The LimeWire AI image generation tool presents a versatile platform for both the creation and editing of images. Supporting advanced models such as Stable Diffusion 2.1, Stable Diffusion XL, and DALL-E 2, LimeWire offers a sophisticated toolkit for users to delve into the realm of generative AI art.
Much like other tools in the generative AI landscape, LimeWire provides a range of options catering to various levels of complexity in image creation. Users can initiate the creative process with prompts as simple as a few words or opt for more intricate instructions, tailoring the output to their artistic vision.
What sets LimeWire apart is its seamless integration of different AI models and design styles. Users have the flexibility to effortlessly switch between various AI models, exploring diverse design styles such as cinematic, digital art, pixel art, anime, analog film, and more. Each style imparts a distinctive visual identity to the generated AI art, enabling users to explore a broad spectrum of creative possibilities.
The platform also offers additional features, including samplers, allowing users to fine-tune the quality and detail levels of their creations. Customization options and prompt guidance further enhance the user experience, providing a user-friendly interface for both novice and experienced creators.
Excitingly, LimeWire is actively developing its proprietary AI model, signaling ongoing innovation and enhancements to its image generation capabilities. This upcoming addition holds the promise of further expanding the creative horizons for LimeWire users, making it an evolving and dynamic platform within the landscape of AI-driven art and image creation.
Sign Up Now To Get Free Credits
Upon completing your creative endeavor on LimeWire, the platform allows you the option to publish your content. An intriguing feature follows this step: LimeWire automates the process of minting your creation as a Non-Fungible Token (NFT), utilizing either the Polygon or Algorand blockchain. This transformative step imbues your artwork with a unique digital signature, securing its authenticity and ownership in the decentralized realm.
Creators on LimeWire hold the power to decide the accessibility of their NFT creations. By opting for a public release, the content becomes discoverable by anyone, fostering a space for engagement and interaction. Furthermore, this choice opens the avenue for enthusiasts to trade the NFTs, adding a layer of community involvement to the artistic journey.
Alternatively, LimeWire acknowledges the importance of exclusivity. Creators can choose to share their posts exclusively with their premium subscribers. In doing so, the content remains a special offering solely for dedicated fans, creating an intimate and personalized experience within the LimeWire community. This flexibility in sharing options emphasizes LimeWire's commitment to empowering creators with choices in how they connect with their audience and distribute their digital creations.
After creating your content, you can choose to publish the content. It will automatically mint your creation as an NFT on the Polygon or Algorand blockchain. You can also choose whether to make it public or subscriber-only.
If you make it public, anyone can discover your content and even trade the NFTs. If you choose to share the post only with your premium subscribers, it will be exclusive only to your fans.
Additionally, you can earn ad revenue from your content creations as well.
When you publish content on LimeWire, you will receive 70% of all ad revenue from other users who view your images, music, and videos on the platform.
This revenue model will be much more beneficial to designers. You can experiment with the AI image and content generation tools and share your creations while earning a small income on the side.
The revenue you earn from your creations will come in the form of LMWR tokens, LimeWire’s own cryptocurrency.
Your earnings will be paid every month in LMWR, which you can then trade on many popular crypto exchange platforms like Kraken, ByBit, and UniSwap.
You can also use your LMWR tokens to pay for prompts when using LimeWire generative AI tools.
You can sign up to LimeWire to use its AI tools for free. You will receive 10 credits to use and generate up to 20 AI images per day. You will also receive 50% of the ad revenue share. However, you will get more benefits with premium plans.
For $9.99 per month, you will get 1,000 credits per month, up to 2 ,000 image generations, early access to new AI models, and 50% ad revenue share
For $29 per month, you will get 3750 credits per month, up to 7500 image generations, early access to new AI models, and 60% ad revenue share
For $49 per month, you will get 5,000 credits per month, up to 10,000 image generations, early access to new AI models, and 70% ad revenue share
For $99 per month, you will get 11,250 credits per month, up to 2 2,500 image generations, early access to new AI models, and 70% ad revenue share
With all premium plans, you will receive a Pro profile badge, full creation history, faster image generation, and no ads.
Sign Up Now To Get Free Credits
In conclusion, LimeWire emerges as a democratizing force in the creative landscape, providing an inclusive platform where anyone can unleash their artistic potential and effortlessly share their work. With the integration of AI, LimeWire eliminates traditional barriers, empowering designers, musicians, and artists to publish their creations and earn revenue with just a few clicks.
The ongoing commitment of LimeWire to innovation is evident in its plans to enhance generative AI tools with new features and models. The upcoming expansion to include music and video generation tools holds the promise of unlocking even more possibilities for creators. It sparks anticipation about the diverse and innovative ways in which artists will leverage these tools to produce and publish their own unique creations.
For those eager to explore, LimeWire's AI tools are readily accessible for free, providing an opportunity to experiment and delve into the world of generative art. As LimeWire continues to evolve, creators are encouraged to stay tuned for the launch of its forthcoming AI music and video generation tools, promising a future brimming with creative potential and endless artistic exploration
Tahini with roast aubergine, the classic lentils with rice and caramelised onions, and a creamy mashed courgette salad
When I close my eyes and try to think of a dish that says home, mujadara is usually the one that comes to mind. Mind you, the same probably goes for most Palestinians: this humble yet hugely satisfying meal was easily the most requested recipe on my radio show, Ramblings of a Chef, which I started during the pandemic. Mafghoussa, meanwhile, is a refreshing side for grilled meats or to serve by itself with bread as a light meal – the word means “squashed” in Arabic, and the name of the dish came about because the vegetables involved are mashed during or after cooking and served as a cold salad.
Continue reading...Messums, London Cork Street
The artist braved the freezing Pennines to cast a Romantic painting in a bold new light, while her restaging of Manet’s Olympia is wonderfully subversive
A woman stands majestically on a rocky, icy precipice; she looks out at a vast frosty tract, covered in thick, flawless snow. Her back is turned to us, the mood is contemplative. She surveys her domain, straight-backed, black hair licking the back of her neck.
It’s a photograph by the UK-based Chinese artist Yan Wang Preston. But there is another version of this image, a famous Romantic painting by the German artist Caspar David Friedrich. It is titled Wanderer Above the Sea of Fog, made circa 1817. In that work, a clothed, flame-haired male Rückenfigur (a person seen from behind) stands on a jagged ridge and gazes out over a foggy landscape; the painting is the epitome of 19th century liberalism and romanticism, the lone figure in the rugged landscape contemplating his place in the world.
Continue reading...From a pioneering 1940s ‘gastrography’ to a recent novel about a real-life 18th-century French peasant cursed with an appetite to eat just about everything
Food in books has a way of lodging in the memory. For some it might be the kidneys on Leopold Bloom’s mind in Joyce’s Ulysses. For others, it’s the hard-won German sausage that Ratty finds at the end of Wind in the Willows. The book may be rich or grotesque, stark or sickly sweet, but we, the reader, are always invited to ask ourselves why, and how, we choose to take it in.
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Continue reading...State failures in La Guajira have compounded water shortages that bring malnutrition and death
In the early hours of the morning, an ambulance carries Rosa Epieyu and her nine-month-old son, Mateo, from Joumana, a Wayúu Indigenous community in La Guajira, Colombia, to a hospital in the nearby town of Manaure. There, a doctor tells Epieyu her son is suffering from malnutrition.
To Epieyu, the diagnosis feels like history repeating itself; one of Mateo’s older sisters was almost lost to malnutrition. Panicked, she grabs some essentials and jumps back into the ambulance for the hour and a half drive to a better-resourced hospital in the city of Maicao.
Continue reading...The Egadi isles are said to have inspired the mythical islands in the Odyssey. Today, the largest of the group is a quiet place of blissful beaches, fresh fish, neon seas and ice-cream breakfasts
I cycled into birdsong, into colour, the light glimmering against the white of the low stone walls. There was a spaciousness as I cycled, a lateral stretching of soundscape, big skies, birds fluting. I didn’t meet anyone else on the narrow lanes and had a sense of being completely alone on an island of 2,000 people. Is there anything happier than being on a bicycle early in the morning, heading to the sea?
The Egadi archipelago off the north-west coast of Sicily is a well-kept secret. Italians come here on holiday, but the islands are relatively unknown to international tourists. And an even better-kept secret is that these magical islands inspired the fantastical lands of the Odyssey, Europe’s oldest travel story. There are a total of five islands and it’s possible to visit three of them.
Continue reading...Brad Banducci says period was ‘challenging’ in first public comments since fiery Senate inquiry hearing as share prices slip
In his first public comments since his hostile Senate inquiry appearance, the Woolworths chief executive, Brad Banducci, has delivered worse-than-expected March quarter financial results and admitted the supermarket can “unequivocally improve”.
Sales across the group, which includes New Zealand and Big W stores, increased by 2.8% to $16.8bn in the quarter, while its Australian food sales were up 1.5% to $12.6bn. Average prices dropped 0.2%.
Continue reading...A new $47m vessel is preparing for its maiden voyage in coastal waters, but there are fears the Kangei Maru could one day mean a return to hunting in the Southern Ocean
The dish of the day has the appearance and consistency of steak. But the item on the menu at Nisshin Maru in Shimonoseki isn’t brisket or rib-eye – it is a prime cut of the restaurant’s speciality: whale meat.
Every few minutes, chefs in the open kitchen produce another plate of cetacean delicacies – raw sashimi marbled with fat, slices of “bacon”, roast minke whale cut into bite-size pieces and served with a selection of dipping sauces. On a warm weeknight, every table is full.
Continue reading...Bite Back, a Jamie Oliver campaign group, found the 10 biggest producers reel in young shoppers with attention-grabbing colours and cartoons
Food companies are using bright colours and cartoon characters in an “unethical” effort to manipulate children into wanting the sweets and crisps they make, a report has claimed.
Bite Back, a campaign group that is part of the chef Jamie Oliver’s empire, asked nutrition experts to analyse 262 sweet food products sold in the UK with packaging likely to appeal to children made by the 10 biggest food companies.
78% of products were deemed unhealthy because of their fat, salt or sugar content.
67% of those featuring a character were unhealthy.
80% of products used bright colours as well as fun patterns and lettering to attract children’s attention.
Continue reading...When police attacked student protesters, a lone trash can was the only damaged property I saw around City College of New York.
The post I’ve Covered Violent Crackdowns on Protests for 15 Years. This Police Overreaction Was Unhinged. appeared first on The Intercept.
Six people have been killed and more than 200 injured in attacks by bears over the past year
Japan is to trial an AI bear-warning system after a record number of attacks on humans over the past year as the animals struggle to find their staple foods.
A pilot system in Toyama prefecture, central Japan, will monitor live feeds from government, municipal and private security cameras to identify bears on the move in areas close to people, and send instant warnings to relevant local authorities, police and hunters. AI will also be used to monitor bears movement patterns and try to predict their future whereabouts.
Continue reading...A weekly email from Yotam Ottolenghi, Meera Sodha, Felicity Cloake and Rachel Roddy, featuring the latest recipes and seasonal eating ideas
Each week we’ll send you an exclusive newsletter from our star food writers. We’ll also send you the latest recipes from Yotam Ottolenghi, Nigel Slater, Meera Sodha and all our star cooks, stand-out food features and seasonal eating inspiration, plus restaurant reviews from Grace Dent and Jay Rayner.
Sign up below to start receiving the best of our culinary journalism in one mouth-watering weekly email.
Continue reading...Like countless other hostilities, the stealthy Israeli missile and drone strike on Iran doesn’t risk war. It is war.
The post Israel Attack on Iran Is What World War III Looks Like appeared first on The Intercept.
The state says EMTALA, a law barring discrimination in emergency medical care, interferes with its abortion ban.
The post Idaho Goes to the Supreme Court to Argue That Pregnant People Are Second-Class Citizens appeared first on The Intercept.
On the last day of his Huginn mission, ESA astronaut Andreas Mogensen takes us on a tour of the place he called home for 6 months: the International Space Station. From the beautiful views of Cupola to the kitchen in Node 1 filled with food and friends and all the way to the science of Columbus, the Space Station is the work and living place for astronauts as they help push science forward.
Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, direct to your inbox every Thursday
Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, delivered straight to your inbox every Thursday
Explore all our newsletters: whether you love film, football, fashion or food, we’ve got something for you
Continue reading...Imagine a world in which you can do transactions and many other things without having to give your personal information. A world in which you don’t need to rely on banks or governments anymore. Sounds amazing, right? That’s exactly what blockchain technology allows us to do.
It’s like your computer’s hard drive. blockchain is a technology that lets you store data in digital blocks, which are connected together like links in a chain.
Blockchain technology was originally invented in 1991 by two mathematicians, Stuart Haber and W. Scot Stornetta. They first proposed the system to ensure that timestamps could not be tampered with.
A few years later, in 1998, software developer Nick Szabo proposed using a similar kind of technology to secure a digital payments system he called “Bit Gold.” However, this innovation was not adopted until Satoshi Nakamoto claimed to have invented the first Blockchain and Bitcoin.
A blockchain is a distributed database shared between the nodes of a computer network. It saves information in digital format. Many people first heard of blockchain technology when they started to look up information about bitcoin.
Blockchain is used in cryptocurrency systems to ensure secure, decentralized records of transactions.
Blockchain allowed people to guarantee the fidelity and security of a record of data without the need for a third party to ensure accuracy.
To understand how a blockchain works, Consider these basic steps:
Let’s get to know more about the blockchain.
Blockchain records digital information and distributes it across the network without changing it. The information is distributed among many users and stored in an immutable, permanent ledger that can't be changed or destroyed. That's why blockchain is also called "Distributed Ledger Technology" or DLT.
Here’s how it works:
And that’s the beauty of it! The process may seem complicated, but it’s done in minutes with modern technology. And because technology is advancing rapidly, I expect things to move even more quickly than ever.
Even though blockchain is integral to cryptocurrency, it has other applications. For example, blockchain can be used for storing reliable data about transactions. Many people confuse blockchain with cryptocurrencies like bitcoin and ethereum.
Blockchain already being adopted by some big-name companies, such as Walmart, AIG, Siemens, Pfizer, and Unilever. For example, IBM's Food Trust uses blockchain to track food's journey before reaching its final destination.
Although some of you may consider this practice excessive, food suppliers and manufacturers adhere to the policy of tracing their products because bacteria such as E. coli and Salmonella have been found in packaged foods. In addition, there have been isolated cases where dangerous allergens such as peanuts have accidentally been introduced into certain products.
Tracing and identifying the sources of an outbreak is a challenging task that can take months or years. Thanks to the Blockchain, however, companies now know exactly where their food has been—so they can trace its location and prevent future outbreaks.
Blockchain technology allows systems to react much faster in the event of a hazard. It also has many other uses in the modern world.
Blockchain technology is safe, even if it’s public. People can access the technology using an internet connection.
Have you ever been in a situation where you had all your data stored at one place and that one secure place got compromised? Wouldn't it be great if there was a way to prevent your data from leaking out even when the security of your storage systems is compromised?
Blockchain technology provides a way of avoiding this situation by using multiple computers at different locations to store information about transactions. If one computer experiences problems with a transaction, it will not affect the other nodes.
Instead, other nodes will use the correct information to cross-reference your incorrect node. This is called “Decentralization,” meaning all the information is stored in multiple places.
Blockchain guarantees your data's authenticity—not just its accuracy, but also its irreversibility. It can also be used to store data that are difficult to register, like legal contracts, state identifications, or a company's product inventory.
Blockchain has many advantages and disadvantages.
I’ll answer the most frequently asked questions about blockchain in this section.
Blockchain is not a cryptocurrency but a technology that makes cryptocurrencies possible. It's a digital ledger that records every transaction seamlessly.
Yes, blockchain can be theoretically hacked, but it is a complicated task to be achieved. A network of users constantly reviews it, which makes hacking the blockchain difficult.
Coinbase Global is currently the biggest blockchain company in the world. The company runs a commendable infrastructure, services, and technology for the digital currency economy.
Blockchain is a decentralized technology. It’s a chain of distributed ledgers connected with nodes. Each node can be any electronic device. Thus, one owns blockhain.
Bitcoin is a cryptocurrency, which is powered by Blockchain technology while Blockchain is a distributed ledger of cryptocurrency
Generally a database is a collection of data which can be stored and organized using a database management system. The people who have access to the database can view or edit the information stored there. The client-server network architecture is used to implement databases. whereas a blockchain is a growing list of records, called blocks, stored in a distributed system. Each block contains a cryptographic hash of the previous block, timestamp and transaction information. Modification of data is not allowed due to the design of the blockchain. The technology allows decentralized control and eliminates risks of data modification by other parties.
Blockchain has a wide spectrum of applications and, over the next 5-10 years, we will likely see it being integrated into all sorts of industries. From finance to healthcare, blockchain could revolutionize the way we store and share data. Although there is some hesitation to adopt blockchain systems right now, that won't be the case in 2022-2023 (and even less so in 2026). Once people become more comfortable with the technology and understand how it can work for them, owners, CEOs and entrepreneurs alike will be quick to leverage blockchain technology for their own gain. Hope you like this article if you have any question let me know in the comments section
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Firefighters in the Ukrainian southern port city of Odesa battled a blaze in a private law academy after a Russian attack. The missile strike killed at least four people and injured 32 others after residential buildings and 'civil infrastructure' were hit. The law academy was in a Gothic-style building on the seafront and was known as the Harry Potter castle. Drone footage released by the Ukrainian armed forces show the building in flames.
On the frontline, Ukrainian officials say Russia is assembling forces for a huge summer offensive, despite its troops making only incremental gains in recent months. The Nato chief, Jens Stoltenberg, says countries have failed to deliver military aid to Ukraine in time, benefiting Russia on the frontline
Ukraine war briefing: Russia making gains from slow western aid, says Nato chief
Debris from North Korean missile found in Kharkiv, say UN sanctions monitors
The famed scholar on why reducing Hamas to a terrorist label sanctions Israel’s war on Palestinians.
The post Judith Butler Will Not Co-Sign Israel’s Alibi for Genocide appeared first on The Intercept.
A tale of two Americas.
The post Cable News Viewers Have a Skewed Attitude Toward Gaza War, Survey Finds appeared first on The Intercept.
A measure passed by the House seeks to block Americans from traveling to Iran on U.S. passports.
The post House Responds to Israeli-Iranian Missile Exchange by Taking Rights Away From Americans appeared first on The Intercept.
A grieving son aims to connect with his late father through the cassette tapes he left behind, in a tale of jazz, black ambition and romance
Set across two timelines, 1936 and 2012, Manny and the Baby is a debut novel about a grieving son, Itai, desperate to connect to his late father through the pile of cassette tapes wrapped in newspaper that he left behind. What is recorded on those tapes leads Itai to discover the fervid history of two estranged sisters, Manny and Rita, and a Jamaican trumpeter who is Itai’s grandfather, Ezekiel Brown, who all find each other amid Soho’s smoky prewar jazz scene.
The story starts in 2012 against the backdrop of the Olympics. Itai, a proud London boy, travels to Bath to make sense of his father’s death and why he bought a house in a city he had no obvious connection to. “The place was weird. Surreal. Looked like a film set, a cardboard country, begging for him to huff and puff and blow it all down.” Itai perseveres and moves into the property – filling the place with plants and looking through his father’s archive (he was a scholar in ethnomusicology). He buys weed from local boy Josh, a runner and part-time dealer, whose side hustle is at odds with his athletic ambitions.
Continue reading...Former Indiana congressman John Hostettler wants his old seat back, but past remarks have prompted attacks from pro-Israel groups
Pro-Israel groups are wading into a Republican congressional primary, marking a departure from their recent focus on attacking progressive candidates and offering the latest test of the pro-Israel lobby’s strength as the war in Gaza weighs heavily on voters’ minds.
The former Indiana congressman John Hostettler, who served in the House from 1995 to 2007 and will compete in a crowded primary on Tuesday, is looking to return to the chamber to represent the state’s eighth district. Hostettler’s allies praise him as an “America first conservative” who will help terminate financial aid to Ukraine, so his primary will also test Republicans’ embrace of isolationism, which has gained popularity in the party amid the rise of Donald Trump. But Jewish groups have criticized some of his past comments about the start of the Iraq war as antisemitic.
Continue reading...Experts say only ‘handful of plants’ operating with the dirtiest fuel will likely survive, and only Trump and lawsuits could save them
New climate rules imposed by Joe Biden’s administration requiring huge cuts in carbon pollution from coal-fired power plants will accelerate the decline of an industry that until recently provided most of America’s power, experts say, potentially even dealing a death blow to coal in the US.
Coal, once the backbone of the US economy and feted by Donald Trump as he rose to the presidency, is being driven out of the power sector by cheaper renewables and gas and now faces an Environmental Protection Agency (EPA) regulation, finalized last week, that demands all coal plants not retiring by 2039 to slash their carbon emissions 90% within the coming decade.
Continue reading...Some say the public bragging of the formerly obscure governor of South Dakota ends her chances. But with Trump, who can say?
There is a familiar moment in Republican electoral politics when an obscure politician thrust into the limelight during election season comes under intense public scrutiny and is found to be not quite as first impressions suggested. This was Sarah Palin in 2008, or Ben Carson in 2016, and the inflection point is the moment at which the supposedly promising new face shades into what Mitch McConnell once delicately referred to as the Republicans’ “candidate quality problem”. Or, as most of us know it colloquially, the moment we realise: oh, this person is unhinged.
So it was last week for Kristi Noem, the formerly obscure governor of South Dakota, propelled into the big time as a possible running mate for Donald Trump, and who at first glance appeared appalling in all the ordinary ways. The 52-year-old, who was elected to the governorship in 2018, echoes the Republican party’s hardline positions on abortion, immigration and offshore drilling in ways indistinguishable from the rest of the VP field. She is telegenic, charismatic, reliably rightwing, and, according to her forthcoming memoir No Going Back: The Truth on What’s Wrong With Politics and How We Move America Forward, also killed her 14-month-old puppy, Cricket.
Emma Brockes is a Guardian columnist
Continue reading...Keith Davidson, who also represented Karen McDougal, gave colorful testimony about how agreements came together in 2016
The lawyer who negotiated hush-money deals on behalf of two women alleged to have had affairs with Donald Trump is set to continue testifying in Donald Trump’s criminal trial on Thursday in Manhattan.
Keith Davidson has already given colorful testimony about how deals to pay Karen McDougal and Stormy Daniels came together in 2016. Prosecutors are using his testimony to help jurors understand the mechanics of Trump’s efforts to pay off women and convince jurors that it was done in service of his campaign.
Continue reading...Donald Trump opened the floodgates and bigoted attacks from the right became a new normal. It’s been a sorry spectacle
Mayoral elections can seem set apart from the main drag of politics. People vote for individuals and their records, it’s not outlandish to stand as an independent, and even candidates within a party can float above it. It would be unusual, for example, to think “I can’t stand Rishi Sunak” (wait! That’s not the unusual bit) “therefore I won’t vote for Andy Street”. But even though they stand alone, paradoxically, you can see a huge amount about the bigger picture, globally as well as nationally, from these purportedly local ballots.
Sadiq Khan has pretty unusual international name recognition for a city mayor, and the reason – no offence to him, his Hopper bus fares are good too – is that he has been the focus of racist and Islamophobic outbursts ever since Donald Trump called him a “stone cold loser” when the then-US president visited London in 2019.
Zoe Williams is a Guardian columnist
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Continue reading...Ex-chancellor and Truss were close political allies and friends before he was sacked over a crisis stoked by the mini-budget
Kwasi Kwarteng, the chancellor of the exchequer for 43 of Liz Truss’s 49 days as British prime minister, has said Truss “essentially” sacked him “on Twitter”, a dismissal he called “kind of Trumpian” in its swiftness and brutality as Britain fell into crisis.
Kwarteng said: “One of the things that I feel bad about, among other things, was that she capitulated very quickly [to pressure to sack him]. So I came back and I was sacked, essentially on Twitter. So, kind of Trumpian.”
Continue reading...When police attacked student protesters, a lone trash can was the only damaged property I saw around City College of New York.
The post I’ve Covered Violent Crackdowns on Protests for 15 Years. This Police Overreaction Was Unhinged. appeared first on The Intercept.
Borussia Dortmund’s win at home to Paris Saint-Germain has confirmed that the Bundesliga, not the Premier League, will get an extra spot in next season’s Champions League.
England’s slim hopes of overhauling Germany in the Uefa coefficient rankings have been extinguished and the Bundesliga’s top five finishers are guaranteed to play in the Champions League. Only the top four clubs in the Premier League will participate.
Continue reading...The Egadi isles are said to have inspired the mythical islands in the Odyssey. Today, the largest of the group is a quiet place of blissful beaches, fresh fish, neon seas and ice-cream breakfasts
I cycled into birdsong, into colour, the light glimmering against the white of the low stone walls. There was a spaciousness as I cycled, a lateral stretching of soundscape, big skies, birds fluting. I didn’t meet anyone else on the narrow lanes and had a sense of being completely alone on an island of 2,000 people. Is there anything happier than being on a bicycle early in the morning, heading to the sea?
The Egadi archipelago off the north-west coast of Sicily is a well-kept secret. Italians come here on holiday, but the islands are relatively unknown to international tourists. And an even better-kept secret is that these magical islands inspired the fantastical lands of the Odyssey, Europe’s oldest travel story. There are a total of five islands and it’s possible to visit three of them.
Continue reading...Kyiv Independent’s Olga Rudenko is set on telling the truth in wartime, despite clumsy instances of state harassment
For Olga Rudenko, the editor of the Kyiv Independent, journalism is not just a profession but a moral imperative. “Our soldiers in the frontline are fighting for Ukraine to define its own future,” she says. “They are fighting for Ukraine not to be Russia; Russia is associated with no freedom of speech, no freedom of media, no freedom whatever.
“If they are dying, we should be using those rights.”
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Masked police also used water cannon and stun grenades against rally protesting over legislation viewed as authoritarian and Russian-inspired
Michael Roth, chairman of the German Bundestag’s foreign affairs committee, has called on Georgia’s leadership to stop the violence and withdraw the foreign agents bill.
The EU’s foreign policy chief, Josep Borrell, said today that he “strongly” condemns violence against protesters and said use of force is “unacceptable.”
Continue reading...A new report reveals details of the massacres by a longtime U.S. ally and counterterrorism partner.
The post U.S.-Trained Burkina Faso Military Executed 220 Civilians appeared first on The Intercept.
Despite payouts the oil and gas company faces growing investor pressure to address its carbon emissions
Shell will shower its shareholders with another $3.5bn (£2.8bn) in share buybacks over the next quarter after reporting better than expected profits of almost $8bn for the first three months of the year.
The company announced it would hand investors the multibillion-dollar payouts as it prepares to face a shareholder battle over its climate agenda at its annual general meeting later this month.
Continue reading...Use of enclosed combustors leaves regulators heavily reliant on oil and gas companies’ own flaring data
Oil and gas equipment intended to cut methane emissions is preventing scientists from accurately detecting greenhouse gases and pollutants, a satellite image investigation has revealed.
Energy companies operating in countries such as the US, UK, Germany and Norway appear to have installed technology that could stop researchers from identifying methane, carbon dioxide emissions and pollutants at industrial facilities involved in the disposal of unprofitable natural gas, known in the industry as flaring.
Continue reading...US Senate hearing reviewed report showing sector’s shift from climate denial to ‘deception, disinformation and doublespeak’
The fossil fuel industry spent decades sowing doubt about the dangers of burning oil and gas, experts and Democratic lawmakers testified on Capitol Hill on Wednesday.
The Senate budget committee held a hearing to review a report published on Tuesday with the House oversight and accountability committee that they said demonstrates the sector’s shift from explicit climate denial to a more sophisticated strategy of “deception, disinformation and doublespeak”.
Continue reading...Google downplays its military work with Israel, but “Project Nimbus” documents tie the American tech giants to Israel’s deadly military capabilities.
The post Israeli Weapons Firms Required to Buy Cloud Services From Google and Amazon appeared first on The Intercept.
For years, the political establishment opportunistically railed against sex trafficking. Then came Pizzagate.
The post QAnon Was Born Out of the Sex Ad Moral Panic That Took Down Backpage.com appeared first on The Intercept.
Evidence points to Absolute Standards as the source of a lethal drug the Trump administration used to restart federal executions after 17 years.
The post “Little Home Market”: The Connecticut Company Accused of Fueling an Execution Spree appeared first on The Intercept.
The Department of Education is probing claims that the school discriminated against Palestinian and Arab students amid Israel’s war on Gaza.
The post “Kill All Arabs”: The Feds Are Investigating UMass Amherst for Anti-Palestinian Bias appeared first on The Intercept.
Like countless other hostilities, the stealthy Israeli missile and drone strike on Iran doesn’t risk war. It is war.
The post Israel Attack on Iran Is What World War III Looks Like appeared first on The Intercept.
The smears spurred Austrian police to raid Islamophobia scholar Farid Hafez’s family home. Then the terrorism charges fell apart.
The post Lawsuit Links Wild UAE-Financed Smear Campaign to George Washington University appeared first on The Intercept.
The White House brushes off accusations of hypocrisy, courting TikTok while seeking to ban it.
The post As Biden Cheers TikTok Ban, White House Embraces TikTok Influencers appeared first on The Intercept.
“Yes I’m a Republican and I exclusively supported John through the Jewish community for his principled actions supporting Israel.”
The post Since October, Sen. John Fetterman Has Been Building a Roster of Republican Donors appeared first on The Intercept.
The state says EMTALA, a law barring discrimination in emergency medical care, interferes with its abortion ban.
The post Idaho Goes to the Supreme Court to Argue That Pregnant People Are Second-Class Citizens appeared first on The Intercept.
Rights chief also warns Britain will be ‘judged harshly by history for its failure to help prevent civilian slaughter in Gaza’
The UK has been accused by Amnesty International of “deliberately destabilising” human rights on the global stage for its own political ends.
In its annual global report, released today, the organisation said Britain was weakening human rights protections nationally and globally, amid a near-breakdown of international law.
Continue reading...Supporters worry Khan’s life is in danger and with good reason: The military has a long history of killing deposed leaders.
The post Chuck Schumer Privately Warns Pakistan: Don’t Kill Imran Khan in Prison appeared first on The Intercept.
For the first time, government military spending increased in all five geographical regions, Sipri thinktank finds
Global military expenditure has reached a record high of $2440bn (£1970bn) after the largest annual rise in government spending on arms in over a decade, according to a report.
The 6.8% increase between 2022 and 2023 was the steepest since 2009, pushing spending to the highest recorded by the Stockholm International Peace Research Institute (Sipri) in its 60-year history.
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