n IDEO CoLab Ventures has revealed that over 20 leading organizations have joined Startup Studio, bringing more than 50 mentors to the project for 2019n
IDEOs Blockchain Accelerator Startup Studio Onboards Over 50 Mentors
While it seems evident facial recognition technology will become mainstream in the very near future, there will be some bumps along the road. More and more US cities are effectively banning this technology as a statement against mass surveillance. A very interesting turn of events, albeit it remains to be seen how many other locations decide to follow suit in the months and years ahead.
Oakland Might Make a Meaningful Stand
Over the past few years, there has been an influx of facial recognition technology on a global scale. It appears public agencies are more than eager to explore this new industry, primarily because they can get their hands on a lot of data which would otherwise remain inaccessible. Facial recognition technology can aid in dealing with potential terrorist threats and other criminal activity, albeit it comes at the cost of privacy for all other people on this planet.
Thankfully, it seems there is some genuine opposition where this technology is concerned. The Oakland City Council will hold an important vote this week. The main purpose is to determine whether or not purchasing and use of facial recognition technology needs to be banned altogether. While they see the merit of letting public agencies use this technology for overall security purposes, the ethical problems which arise when dealing with facial recognition should not be overlooked by any means.
Contrary to what people expected at first, facial recognition technology has created its own surveillance regime which has grown uncomfortable. It is now time to put this growth to an abrupt end, assuming the vote goes in the right direction. The motion passed through the Public Safety Committee earlier, although it is logical to assume there will be some political opposition. Especially the local law enforcement agencies want to make use of this technology at all costs.
Oakland is not the only city to keep an eye on in this regard. The city of Berkeley will organize a special hearing by the Public Safety Committee which focuses on banning facial recognition in general. Although it remains to be seen how that particular meeting will go, this is another strong signal as to how the technology should be scrutinized rather than embraced. The downside of this technology, which puts a tremendous burden on regular consumers and corporations, tips the scale in favor of banning this technology in its current form.
Looking further in California, the resistance against facial recognition technology is a lot more widespread than one may think. San Francisco and Somerville also banned this technology in an effort to protect their residents. It is certainly possible this ban will eventually extend to the whole of California, which would put the state on the same level as Massachusetts and Michigan. Despite these developments, there are still a lot of locations where this discussion isn’t even on the table, for some unknown reason.
It is rather evident the voice of the people needs to be heard in this regard. Without consumers and corporations speaking up in public, these hearings and votes may not necessarily end in favor of the general populace. Now is a good time for anyone with an opinion on these matters to make a stand and try to influence the decision-making process by local politicians. Whether or not those efforts will be in vain, remains to be determined.
The post More US Cities Seek to ban Facial Recognition Technology appeared first on NullTX.
- +41k $ETH ($9.5M) has been moved from @MakerDAO to @CompoundFinance & over 4.6M $DAI has been completely wiped out of supply since the launch (1 week). – https://instadapp.io/bridge.
- DAI APR on Compound has gone up significantly which was around 12.5% at the time of launch (and now, 15.86%). We also saw a significant increment in DAI supply on Compound from other factors as well. Stabilizing DAI from EVERYWHERE.
- Debt positions managed on our portal quickly drained towards Compound with +41K ETH & 4.5M DAI debt compared to MakerDAO with 6.2k ETH & 0.3M DAI debt. We saw a quick increase in CDP import on InstaDApp.
- Debt positions managed on our portal quickly drained towards Compound with +41K ETH & 4.5M DAI debt compared to MakerDAO with 6.2k ETH & 0.3M DAI debt. We saw a quick increase in CDP import on InstaDApp – https://twitter.com/sowmay_jain/status/1150561303955533825
- We had an Incredible Growth on @defipulse value locked, inching towards $11M – https://twitter.com/defipulse/status/1150803459618365440
- 16-17% of the Total Assets, 20% of ETH supply and 28% of DAI borrowed are contributed via InstaDApp Contract Wallets on Compound.
| submitted by /u/rebellion32
Gemini on a Chicago bus. More and more mainstream!
Bitcoin’s recent price boom has spiked interest in crypto, hailing a new wave of adoption that creates a kind of snowball effect. The current bull run likely stems, at least in part, from the news that big tech firms are increasingly moving towards crypto. Facebook’s Libra announcement undoubtedly contributed to the price of BTC rising past $13k for the first time in 18 months. Apple announced the iPhone CryptoKit at the Worldwide Developers Conference in June, and Samsung has already integrated a crypto wallet into the Galaxy S10.
The fact that these flagship companies are nailing their blockchain colors to the mast and pushing up the value of crypto is also helping to attract an influx of newcomers to the space. A recent survey by HBUS, part of the Huobi exchange, showed that awareness of crypto has more than doubled since 2018. Even the uber-rich are getting in on the act — Bloomberg recently reported that billionaire investor and philanthropist Henry Kravis had made his first foray into cryptocurrency investing.
Fortunately for crypto newcomers, the options for entering the world of crypto are now far more diverse than they used to be. After all, even as late as 2017, the main entryway was to use Coinbase to buy one of the leading cryptos such as BTC or ETH. Anyone wanting to diversify their portfolio then had to send coins to a crypto-to-crypto exchange. Of course, Coinbase has now expanded its footprint into a broader range of altcoins. However, there are now also other avenues for getting into cryptocurrencies.
Depending on how you want to invest in crypto or blockchain, there are plenty of options to choose from. One way is an index fund for cryptocurrencies. Crypto20, for example, tracks a basket of twenty cryptocurrencies including Bitcoin and Ethereum, but also many major alts including Stellar Lumens and Binance Coin. The fund is tokenized, so investors only need to buy the C20 token to participate in the full index.
Of course, index funds just track the markets. For those who prefer an actively managed fund, AMFEIX may be a better choice. The fund actively trades a selection of fiat-to crypto and crypto-to-crypto pairings with a view of returning a profit to investors. One key advantage is that AMFEIX offers its own integrated wallet developed on the Ethereum blockchain, meaning that holdings are decentralized and completely secure. Another aspect, which may appeal to the privacy-minded, is that investors can create an account pseudo-anonymously.
A third option is to buy into a fund which invests in blockchain and cryptocurrency projects and companies. There are many funds of this type, but perhaps one of the best-known is Pantera Capital. The fund has put venture capital into blockchain startups, including regulated futures exchange Bakkt, and privacy-focused web browser Brave.
One of the biggest challenges for newcomers entering the cryptocurrency markets is knowledge. Successful trading requires an understanding of the markets, which is where social trading can be an invaluable resource. Social trading involves traders sharing their tips and techniques, meaning that newcomers can benefit from more experienced traders.
Perhaps the most well-known of these platforms is eToro, which started in 2008 with social trading in forex, commodities, and stocks but expanded into cryptocurrencies in 2017. Another example is BQT, which is currently building out its social trading ecosystem. This features a social trading exchange but also includes the BQT University, which offers courses on blockchain and trading for learners of all levels. This may be perhaps the most attractive feature for a new entrant to crypto.
Cryptocurrency futures, or contracts for difference, offer a means of profiting from price fluctuations of cryptocurrency without having to hold the asset itself. This has the added advantage of being able to take a short position on crypto.
Cryptocurrency futures are having something of a moment right now, with Binance having recently confirmed it will soon be launching a futures platform with up to 20x leverage. However, the current market leader in Bitcoin futures is BitMEX (Bitcoin Mercantile Exchange). It offers trading against several fiat currencies and a range of cryptos including Bitcoin, Ethereum, Monero, and XRP.
Many other exchanges now also have a futures offering, including Kraken, OKEx, and Huobi. However, fees, margin, and the range of trading pairs can vary between platforms.
That today’s newcomer has a range of options open for investing in cryptocurrency is a testament to how far the ecosystem has been developed over the recent years. With innovation at an all-time high, who knows how many other avenues in crypto will open up over the years to come?
The post There Are Now More Ways Than Ever to Invest in Crypto appeared first on Bitcoinist.com.
Bitcoin Primed for More Gains Whereas Altcoins Bleed CryptonewsAfter yesterday’s rise, bitcoin price extended gains above the USD 12,500 and USD 12,800 resistance levels. BTC/USD even broke the USD 13,000 resistance …
Bitcoin Primed for More Gains Whereas Altcoins Bleed – Cryptonews
| submitted by /u/roxcursed
Expert securities lawyer Samuel Katz speaks on how to survive the US securities legal landscape.
More SEC Settlements with Crypto Companies ‘Definitely’ Coming