Bitcoin News: Decryptionary Helps New Investors Understand Crypto Terms

Bitcoin News: Decryptionary Helps New Investors Understand Crypto Terms. “Decryptionary provides concise definitions of many terms that are widely used in the crypto industry. You have the option to look up a specific word or phrase relating to cryptocurrencies and distributed ledgers using the site’s search bar. Alternatively, you can access the full contents of the online dictionary where entries are listed by first letter or number.”

Navigating Bitcoin, Ethereum, XRP: How Google Is Quietly Making Blockchains Searchable (Forbes Africa)

Forbes Africa: Navigating Bitcoin, Ethereum, XRP: How Google Is Quietly Making Blockchains Searchable. “It’s a balmy 80 degrees on a mid-December day in Singapore, and something is puzzling Allen Day, a 41-year-old data scientist. Using the tools he has developed at Google, he can see a mysterious concerted usage of artificial intelligence on the blockchain for Ethereum. Ether is the world’s third-largest cryptocurrency (after bitcoin and XRP), and it still sports a market cap of some $11 billion despite losing 83% of its value in 2018. Peering into its blockchain—the distributed database of transactions underpinning the cryptocurrency—Day detects a ‘whole bunch’ of ‘autonomous agents’ moving funds around ‘in an automated fashion.'”

Ars Technica: Widely used open source software contained bitcoin-stealing backdoor

Ars Technica: Widely used open source software contained bitcoin-stealing backdoor. “A hacker or hackers sneaked a backdoor into a widely used open source code library with the aim of surreptitiously stealing funds stored in bitcoin wallets, software developers said Monday. The malicious code was inserted in two stages into event-stream, a code library with 2 million downloads that’s used by Fortune 500 companies and small startups alike.”

CNET: Facebook’s Zuckerberg, Elon Musk and bitcoin top this year’s list of Tech Turkeys

CNET: Facebook’s Zuckerberg, Elon Musk and bitcoin top this year’s list of Tech Turkeys. “For generations, the president of the United States has ushered in the holiday season by pardoning a turkey, saving it from the Thanksgiving dinner table. Unfortunately for the tech industry, there’s no saving its turkeys. The list of tech screwups, blunders and embarrassments is long this year. And much of it intersects with politics because Facebook, Twitter, Google and Reddit are now ground zero for election interference, fake news, hacking and online troll wars that spill into the real world.”

Wired UK: Why can’t Twitter stop Elon Musk bitcoin scams? It’s complicated

Wired UK: Why can’t Twitter stop Elon Musk bitcoin scams? It’s complicated. “Verified Twitter accounts – including Google’s G-Suite and Matalan – are getting hacked and pretending to be Elon Musk. The bitcoin scams are making thousands but why can’t Twitter do anything about them?”

Ask Leo: How Does Bitcoin Mining Work?

Ask Leo: How Does Bitcoin Mining Work?. “It’s been hard to avoid hearing about cryptocurrencies lately, especially Bitcoin. Opinions run the gamut from it being ‘worthless, artificial gold”’ to the wave of the future and next universal currency we’ll all be using someday. Regardless of what you think about its future, the underlying technology is fascinating to people like me. Recent reports once again question the (unverified) excessive amount of electricity being used to power Bitcoin mining operations. The question is, of course, how does mining something that exists only as bits and bytes in a computer use so much electricity? Heck, just what is ‘mining’ in this context, anyway? To understand that a little better while sidestepping some of the complexity, we’ll play a game.”