Rejection Aside, Calls for a Bitcoin ETF Are Only Escalating Despite the rejection of a bid for a bitcoin ETF, the crypto market remains confident other proposals will persevere.… Read More
Monero-Style Privacy Is Ready for Ethereum – Who Will Implement It? A new white paper contends that monero-style privacy can be implemented on ethereum without much work. … Read More
Cease and Desist Order Against Genesis Mining Now Withdrawn After five long months of working with South Carolina officials, Genesis Mining has been dropped from the cease and desist order it received back in March 2018 from the South Carolina Securities Division. The com…… Read More
Lyn Ulbricht and the Effort to Free Ross: Looking at “the End of the Road” The darknet site founded by Ross Ulbricht, Silk Road, has been offline for years now. But the legal questions behind his conviction and subsequent sentencing to life in prison without the possibility of parole in 2015, remain fresh, raw and real to Ulbricht’s advocates. Among the people most passionate in their belief that Ulbricht has been given an unfair shake by the American justice system is his mother, Lyn Ulbricht. Her staunch support of her son should come as no surprise, and it’s a stance that has seen her make her case — that Ross was unjustly convicted and sentenced — to audiences of CNN, the Wall Street Journal and international media of every stripe. Lyn now has an unfortunate impetus for making a fresh round of appearances, in the recent denial by the U.S. Supreme Court to reconsider Ross Ulbricht’s conviction or life sentence. As a guest this week on The Tatiana Show! podcast, Lyn provided listeners not only with an update on the dwindling legal options available to the Ulbrichts but also with an intimate view of the personal costs that afflict the family members of those who have been incarcerated. Almost Out of Options There are many who are unsure of where they stand on Ross Ulbricht, whose online creation employed both Tor (a.k.a. The Onion Routing, an anonymous communication platform) and bitcoin to enable an anonymous global marketplace of items both illicit (drugs were a preponderance of the offerings) and legal (art, cigarettes, jewelry). His supporters see a man whose guilt was never actually proven and whose work actually served to take on the War on Drugs’ overreaches while standing up for personal privacy online. His detractors believe he became a bitcoin multimillionaire while committing a rash of crimes including money laundering, computer hacking, conspiracy to traffic narcotics and attempting to order the murders of six people. They also see Silk Road as a major contributor to a negative public image for cryptocurrency, a high-profile example of bitcoin as an engine of criminal activity. For those on the FreeRoss side of things, Ulbricht’s interview with show host Tatiana Moroz did not reveal a hopeful darkhorse plan to counter the Supreme Court’s June 28 decision, which effectively declined to consider arguments that Ulbricht’s fourth and sixth amendment rights had been violated. “You can’t go any further with it,” Lyn said of the possibility of filing another petition on those points. “That’s it. That’s the end of the road. According to our lawyers, who seem to know these things, there’s no other option.” Barring the emergence of new legal strategies, the primary hope that the Ulbrichts are clinging to is a granting of clemency by the President of the United States. “We’ve moved from the judicial to the political,” Lyn said. “His options for direct appeal to the courts has ended. There is something called a 2255 (motion for retrial) that you can do within the year. That rarely works, but we’ll try. We’re not counting on it. What we really are focusing on is clemency from the President, and that means commuting Ross’ barbaric sentence.” A petition supporting clemency has 38,000+ signatures as of press time. Family Matters In her conversation with Moroz, Lyn Ulbricht helped listeners to go beyond legal jargon with another dimension of the case. Her window on the effect of prison on nonviolent offenders, and the families attached to them, reveals the emotional impact of America’s punitive action penchant. “There are so many people in the prison system now that it’s bigger than 11 states! It’s really metastasizing. It’s a crisis,” Ulbricht relates. “What really gets to me is the children [who are visiting their relatives in prison]. The kids are so happy to see their dad, they’re crawling over him and in his lap, and they have to be torn away. Every time we leave, there are sobbing, heartbroken children, who are being harmed and have a better statistical chance of being in the prison themselves.” This article originally appeared on Bitcoin Magazine. … Read More
10,000%: Pantera Reports Massive 5-Year Crypto Investment Return Pantera Capital announced it had seen a lifetime return of more than 10,000 percent in its first five years.… Read More
What Volatility? How Facebook’s Historic Loss Became Crypto’s Gain Facebook had a bad day in the market this week – and the crypto community quickly pounced. … Read More
Why Blockchain Is the Solution to Mitigating Mortgage Fraud Mortgage fraudsters are getting smarter. According to research from CoreLogic, 0.82 percent of all mortgage applications in the second quarter of 2017 contained some sort of fraud. In 2016, that number was only 0.7 percent. Ideally, mortgage brokers would use modern tools to identify and prevent fraud, but that hasn’t been the case so far. […] The post Why Blockchain Is the Solution to Mitigating Mortgage Fraud appeared first on TechBullion. … Read More
Lambda is Providing Unlimited Data Storage Capabilities on Blockchain; Interview with CEO HE Xiao Yang Lambda is a Disruptor in Blockchain-Based Storage Solution, bringing to the market, a fast, safe, and scalable blockchain infrastructure, which provides decentralized applications (DAPPs) data storage capabilities with unlimited scalability. The CEO HE Xiao Yang will be discussing the Lambda project with us in this interview. Please tell us your name and about your background? My name is […] The post Lambda is Providing Unlimited Data Storage Capabilities on Blockchain; Interview with CEO HE Xiao Yang appeared first on TechBullion. … Read More
Google Play Store Removes Mining Apps from Offerings Google just nixed any app that mines cryptocurrencies from its Play Store. With a recent update to the store’s policies, the tech monolith rewrote its stance on cryptocurrency apps.We don’t allow apps that mine c…… Read More
Ethereum Is Testing Code for Its Next Hard Fork Ethereum developers are already implementing code that’s set to be activated in Constantinople, the network’s next system-wide upgrade.… Read More