Cryptocurrency

Facebook Just Put Its Messenger Boss in Charge of Developing Blockchain Tech

(ANTIMEDIA) — In the midst of its biggest executive shakeup in company history and only a few months removed from one of the biggest data and privacy scandals of the decade, Facebook announced earlier this week what many have anticipated for years: The social media and tech giant will enter the blockchain arena. David Marcus, previously the head of Facebook’s […]

Stanford Physicist Finds That Bitcoin Transactions Mirror the Laws of Nature

(ANTIMEDIA) — In the wake of Bitcoin’s meteoric rise in popularity, interest in the dynamics of Bitcoin and other cryptocurrencies has skyrocketed over the past year. With bank-based blockchain projects poised to revolutionize the world of financial services, researchers continue to study the new technology to better understand the inner-workings of the blockchain, as well its economic, social, […]

10 Social Media Networks to Use Instead of Facebook

(ANTIMEDIA) — The salient facts of the new Cambridge Analytica scandal are bad, and the optics are even worse for Facebook, which is already facing multiple battles both in legal courts and the court of public opinion. But this really is just the spilled pot of a long-boiling problem: growing discomfort within our citizen-consumer class over […]

US Imposes Sanctions Against Venezuela’s Petro Cryptocurrency

U.S. President Donald Trump has announced fresh sanctions against Venezuela’s fledgling Petro cryptocurrency, which was launched specifically to help stabilize the Latin American nation’s economy.
The blockade, due to be signed and implemented today, restricts the use of Petros in U.S. financial transactions, McClatchy reports.
Trump and other critics have claimed the Petro, backed by Venezuela’s oil reserves – the largest in the world – is unreliable. Yet in presales alone, Venezuela has already made over US$5 billion dollars.