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Cryptocurrency News: This Week on Bitfinex, Tether, Coinbase, & More

Cryptocurrency News
On the whole, cryptocurrency prices are down from our previous report on cryptos, with the market slipping on news of an exchange being hacked and a report about Bitcoin manipulation.

However, there have been two bright spots: 1) an official from the U.S. Securities and Exchange Commission (SEC) said that Ethereum is not a security, and 2) Coinbase is expanding its selection of tokens.

Let’s start with the good news.
SEC Says ETH Is Not a Security
Investors have some reason to cheer this week. A high-ranking SEC official told attendees of the Yahoo! All Markets Summit: Crypto that Ethereum and Bitcoin are not.

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Ripple Price Forecast: XRP vs SWIFT, SEC Updates, and More

Ripple vs SWIFT: The War Begins
While most criticisms of XRP do nothing to curb my bullish Ripple price forecast, there is one obstacle that nags at my conscience. Its name is SWIFT.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the king of international payments.

It coordinates wire transfers across 11,000 banks in more than 200 countries and territories, meaning that in order for XRP prices to ascend to $10.00, Ripple needs to launch a successful coup. That is, and always has been, an unwritten part of Ripple’s story.

We’ve seen a lot of progress on that score. In the last three years, Ripple wooed more than 100 financial firms onto its.

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Cryptocurrency News: Bitcoin ETFs, Andreessen Horowitz, and Contradictions in Crypto

Cryptocurrency News
This was a bloody week for cryptocurrencies. Everything was covered in red, from Ethereum (ETH) on down to the Basic Attention Token (BAT).

Some investors claim it was inevitable. Others say that price manipulation is to blame.

We think the answers are more complicated than either side has to offer, because our research reveals deep contradictions between the price of cryptos and the underlying development of blockchain projects.

For instance, a leading venture capital (VC) firm launched a $300.0-million crypto investment fund, yet liquidity continues to dry up in crypto markets.

Another example is the U.S. Securities and Exchange Commission’s.

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Cryptocurrency News: Bitcoin ETFs, Andreessen Horowitz, and Contradictions in Crypto

Cryptocurrency News: Looking Past the Bithumb Crypto Hack

Another Crypto Hack Derails Recovery
Since our last report, hackers broke into yet another cryptocurrency exchange. This time the target was Bithumb, a Korean exchange known for high-flying prices and ultra-active traders.

While the hackers made off with approximately $31.5 million in funds, the exchange is working with relevant authorities to return the stolen tokens to their respective owners. In the event that some is still missing, the exchange will cover the losses. (Source: “Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds,”.

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Cryptocurrency News: What You Need to Know This Week

Cryptocurrency News
Cryptocurrencies traded sideways since our last report on cryptos. However, I noticed something interesting when playing around with Yahoo! Finance’s cryptocurrency screener: There are profitable pockets in this market.

Incidentally, Yahoo’s screener is far superior to the one on CoinMarketCap, so if you’re looking to compare digital assets, I highly recommend it.

But let’s get back to my epiphany.

In the last month, at one point or another, most crypto assets on our favorites list saw double-digit increases. It’s true that each upswing was followed by a hard crash, but investors who rode the trend would have made a.

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Cryptocurrency News: XRP Validators, Malta, and Practical Tokens

Cryptocurrency News & Market Summary
Investors finally saw some light at the end of the tunnel last week, with cryptos soaring across the board. No one quite knows what kicked off the rally—as it could have been any of the stories we discuss below—but the net result was positive.

Of course, prices won’t stay on this rocket ride forever. I expect to see a resurgence of volatility in short order, because the market is moving as a single unit. Everything is rising in tandem.

This tells me that investors are simply “buying the dip” rather than identifying which cryptos have enough real-world value to outlive the crash.

So if you want to know when.

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Cryptocurrency News: New Exchanges Could Boost Crypto Liquidity

Cryptocurrency News
Even though the cryptocurrency news was upbeat in recent days, the market tumbled after the U.S. Securities and Exchange Commission (SEC) rejected calls for a Bitcoin (BTC) exchange-traded fund (ETF).

That news came as a blow to investors, many of whom believe the ETF would open the cryptocurrency industry up to pension funds and other institutional investors. This would create a massive tailwind for cryptos, they say.

So it only follows that a rejection of the Bitcoin ETF should send cryptos tumbling, correct? Well, maybe you can follow that logic. To me, it seems like a dramatic overreaction.

I understand that legitimizing cryptos is important. But.

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Cryptocurrency News: Bitcoin ETF Rejection, AMD Microchip Sales, and Hedge Funds

Cryptocurrency News
Although cryptocurrency prices were heating up last week (Bitcoin, especially), regulators poured cold water on the rally by rejecting calls for a Bitcoin exchange-traded fund (ETF). This is the second time that the proposal fell on deaf ears. (More on that below.)

Crypto mining ran into similar trouble, as you can see from Advanced Micro Devices, Inc.‘s (NASDAQ:AMD) most recent quarterly earnings. However, it wasn’t all bad news. Investors should, for instance, be cheering the fact that hedge funds are ramping up their involvement in cryptocurrency markets.

Without further ado, here are those stories in greater detail.
ETF Rejection.

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Bitcoin Rise: Is the Recent Bitcoin Price Surge a Sign of Things to Come or Another Misdirection?

What You Need to Know About the Bitcoin Price Rise
It wasn’t that long ago that Bitcoin (BTC) dominated headlines for its massive growth, with many cryptocurrency millionaires being made. The Bitcoin price surged ever upward and many people thought the gravy train would never stop running—until it did.

Prices crashed, investors abandoned the space, and lots of people lost money. Cut to today and we’re seeing another big Bitcoin price surge; is this time any different?

I’m of a mind that investors ought to think twice before jumping back in on Bitcoin.

Bitcoin made waves when it once again crested above $5,000. Considering that it started 2019 around $3,700,.

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Cryptocurrency News: Vitalik Buterin Doesn’t Care About Bitcoin ETFs

Cryptocurrency News
While headline numbers look devastating this week, investors might take some solace in knowing that cryptocurrencies found their bottom at roughly $189.8 billion in market cap—that was the low point. Since then, investors put more than $20.0 billion back into the market.

During the rout, Ethereum broke below $300.00 and XRP fell below $0.30, marking yearly lows for both tokens. The same was true down the list of the top 100 biggest cryptos.

Altcoins took the brunt of the hit. BTC Dominance, which reveals how tightly investment is concentrated in Bitcoin, rose from 42.62% to 53.27% in just one month, showing that investors either fled altcoins at higher.

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Some People Are Exceptionally Good at Predicting the Future

Some people are adept at forecasting, predicting the likelihood of future events, and a new contest aims to suss them out.

Super-Forecasters

Some people have a knack for accurately predicting the likelihood of future events. You might even be one of these “super-forecasters” and not know it — but now there’s an easy way to find out.

BBC Future has teamed up with UK-based charity Nesta and forecasting services organization Good Judgement on the “You Predict the Future” challenge. The purpose is to study how individuals and teams predict the likelihood of certain events, ranging from the technological to the geopolitical.

All Winners

Anyone interested in testing their own forecasting skills can sign up for the challenge to answer a series of multiple-choice questions and assign a percentage to how likely each answer is to come true.

“When you’re part of the challenge, you’ll get feedback on how accurate your forecasts are,” Kathy Peach, who leads Nesta’s Centre for Collective Intelligence Design, told BBC Future. “You’ll be able to see how well you do compared to other forecasters. And there’s a leader board, which shows who the best performing forecasters are.”

Collective Intelligence

You’ll also be helping advance research on collective intelligence, which focuses on the intellectual abilities of groups of people acting as one.

Additionally, as Peach told BBC Future, “New research shows that forecasting increases open-mindedness, the ability to consider alternative scenarios, and reduces political polarisation,”  — meaning even if you don’t find out you’re a “super-forecaster,” you might just end up a better person after making your predictions.

READ MORE: Could you be a super-forecaster? [BBC Future]

More on forecasting: Forecasting the Future: Can the Hive Mind Let Us Predict the Future?

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Some People Are Exceptionally Good at Predicting the Future

Scientists Find a New Way to Kickstart Stable Fusion Reactions

A new technique for nuclear fusion can generate plasma without requiring as much space-consuming equipment within a reactor.

Warm Fusion

Scientists from the Princeton Plasma Physics Laboratory say that they’ve found a new way to start up nuclear fusion reactions.

The new technique, described in research published last month in the journal Physics of Plasmas, provides an alternate means for reactors to convert gas into the superhot plasma that gets fusion reactions going with less equipment taking up valuable lab space — another step in the long road to practical fusion power.

Out With The Old

Right in the center of a tokamak, a common type of experimental nuclear fusion reactor, there’s a large central magnet that helps generate plasma. The new technique, called “transient coaxial helical injection,” does away with the magnet but still generates a stable reaction, freeing up the space taken up by the magnet for other equipment.

“The good news from this study,” Max Planck Institute researcher Kenneth Hammond said in a press release, “is that the projections for startup in large-scale devices look promising.”

READ MORE: Ready, set, go: Scientists evaluate novel technique for firing up fusion-reaction fuel [Princeton Plasma Physics Laboratory newsroom via ScienceDaily]

More on nuclear fusion: Scientists Found a New Way to Make Fusion Reactors More Efficient

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Scientists Find a New Way to Kickstart Stable Fusion Reactions

The Israeli Moon Lander Is About to Touch Down

SpaceIL's Moon lander, Beresheet, is expected to touch down on the lunar surface on Thursday, landing Israeli a place in the history books.

Lunar Lander

If all goes according to plan, Israel will earn a place in history on Thursday as the fourth nation ever to land a spacecraft on the Moon — and unlike any craft that came before it, this Moon lander was privately funded.

Beresheet is the work of SpaceIL, a nonprofit Israeli space company. On Feb. 21, the company launched its $100 million spacecraft on a journey to the Moon aboard a SpaceX Falcon 9 rocket, and on April 4, it settled into the Moon’s orbit.

The next step in the mission is for Beresheet to attempt to land on the surface of the Moon sometime between 3 and 4 p.m. ET on Thursday.

Watch Along

Beresheet’s target landing site is in the northeastern part of Mare Serenitatis, also known as the Sea of Serenity.

“On the basis of our experience with Apollo, the Serenitatis sites favor both landing safety and scientific reward,” SpaceIL team member Jim Head said in a press release.

SpaceIL and Israel Aerospace Industries, the company that built Beresheet, will live-stream Thursday’s touch-down attempt, so the world will have a chance to watch along as Israel tries to land itself a spot in the history books.

READ MORE: Israel’s Beresheet space probe prepares for historic moon landing [NBC News]

More on Beresheet: Israel’s Moon Lander Just Got Photobombed by the Earth

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The Israeli Moon Lander Is About to Touch Down

Amazon Workers Listen to Your Alexa Conversations, Then Mock Them

A new Bloomberg piece shared the experiences of Amazon workers tasked with listening to Alexa recordings, and what they hear isn't always mundane.

I Hear You

Amazon pays thousands of workers across the globe to review audio picked up by its Echo speakers — and their behavior raises serious concerns about both privacy and safety.

Bloomberg recently spoke with seven people who participated in Amazon’s audio review process. Each worker was tasked with listening to, transcribing, and annotating voice recordings with the goal of improving the ability of Amazon’s Alexa smart assistant to understand and respond to human speech.

But sometimes, according to Bloomberg, they share private recordings in a disrespectful way.

“I think we’ve been conditioned to the [assumption] that these machines are just doing magic machine learning” University of Michigan professor Florian Schaub told Bloomberg. “But the fact is there is still manual processing involved.”

Listen to This

The job is usually boring, according to Bloomberg’s sources. But if they heard something out of the ordinary, they said, sometimes they’d share the Alexa recordings with other workers via internal chat rooms.

Occasionally, it was just because they found the audio amusing — a person singing off-key, for example — but other times, the sharing was “a way of relieving stress” after hearing something disturbing, such as when two of Bloomberg’s sources heard what sounded like a sexual assault.

When they asked Amazon how to handle cases like the latter, the workers said they were told “it wasn’t Amazon’s job to interfere.” Amazon, meanwhile, said it had procedures in place for when workers hear something “distressing” in Alexa recordings.

READ MORE: Amazon Workers Are Listening to What You Tell Alexa [Bloomberg]

More on Echo: Thanks, Amazon! Echo Recorded and Sent Audio to Random Contacts Without Warning

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Scientists Say New Quantum Material Could “‘Download’ Your Brain”

A new type of quantum material can directly measure neural activity and translate it into electrical signals for a computer.

Computer Brain

Scientists say they’ve developed a new “quantum material” that could one day transfer information directly from human brains to a computer.

The research is in early stages, but it invokes ideas like uploading brains to the cloud or hooking people up to a computer to track deep health metrics — concepts that until now existed solely in science fiction.

Quantum Interface

The new quantum material, described in research published Wednesday in the journal Nature Communications, is a “nickelate lattice” that the scientists say could directly translate the brain’s electrochemical signals into electrical activity that could be interpreted by a computer.

“We can confidently say that this material is a potential pathway to building a computing device that would store and transfer memories,” Purdue University engineer Shriram Ramanathan told ScienceBlog.

Running Diagnostics

Right now, the new material can only detect the activity of some neurotransmitters — so we can’t yet upload a whole brain or anything like that. But if the tech progresses, the researchers hypothesize that it could be used to detect neurological diseases, or perhaps even store memories.

“Imagine putting an electronic device in the brain, so that when natural brain functions start deteriorating, a person could still retrieve memories from that device,” Ramanathan said.

READ MORE: New Quantum Material Could Warn Of Neurological Disease [ScienceBlog]

More on brain-computer interface: This Neural Implant Accesses Your Brain Through the Jugular Vein

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Scientists Say New Quantum Material Could “‘Download’ Your Brain”

MIT Prof: If We Live in a Simulation, Are We Players or NPCs?

An MIT scientist asks whether we're protagonists in a simulated reality or so-called NPCs who exist to round out a player character's experience. 

Simulation Hypothesis

Futurism readers may recognize Rizwan Virk as the MIT researcher touting a new book arguing that we’re likely living in a game-like computer simulation.

Now, in new interview with Vox, Virk goes even further — by probing whether we’re protagonists in the simulation or so-called “non-player characters” who are presumably included to round out a player character’s experience.

Great Simulation

Virk speculated about whether we’re players or side characters when Vox writer Sean Illing asked a question likely pondered by anyone who’s seen “The Matrix”: If you were living in a simulation, would you actually want to know?

“Probably the most important question related to this is whether we are NPCs (non-player characters) or PCs (player characters) in the video game,” Virk told Vox. “If we are PCs, then that means we are just playing a character inside the video game of life, which I call the Great Simulation.”

More Frightening

It’s a line of inquiry that cuts to the core of the simulation hypothesis: If the universe is essentially a video game, who built it — and why?

“The question is, are all of us NPCs in a simulation, and what is the purpose of that simulation?” Virk asked. “A knowledge of the fact that we’re in a simulation, and the goals of the simulation and the goals of our character, I think, would still be interesting to many people.”

READ MORE: Are we living in a computer simulation? I don’t know. Probably. [Vox]

More on the simulation hypothesis: Famous Hacker Thinks We’re Living in Simulation, Wants to Escape

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MIT Prof: If We Live in a Simulation, Are We Players or NPCs?

Here’s How Big the M87 Black Hole Is Compared to the Earth

The black hole that scientists imaged is a stellar giant. It would take millions of Earths lined up side-by-side to span its length.

Pale Black Dot

On Wednesday, a team of scientists from around the world released the first ever directly-observed image of the event horizon of a black hole.

The black hole, M87*, is found within the constellation Virgo — and as the webcomic XKCD illustrated, it’s as big as our entire solar system.

Stellar Giant

The gigantic black hole, not counting the giant rings of trapped light orbiting it, is about 23.6 billion miles (38 billion kilometers) across, according to Science News.

Meanwhile, the Earth is just 7,917 miles in diameter — meaning our planet wouldn’t even be a drop in the bucket of the giant, black void. Based Futurism’s calculations, it would take just over 2.98 million Earths lined up in a row to span the length of M87*. For a sense of scale, that’s about how many adult giraffes it would take to span the diameter of Earth.

Paging Pluto

Our entire solar system is just about 2.27 billion miles wide, meaning we could just barely fit the whole thing into the newly-imaged black hole’s event horizon.

Thankfully, M87* is about 55 million light years away — so while we could readily fit inside its gaping maw, we’re way too far to get sucked in.

READ MORE: Revealed: a black hole the size of the solar system [Cosmos]

More on M87*: Scientists: Next Black Whole Image Will Be Way Clearer

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Infertile Couple Gives Birth to “Three-Parent Baby”

A Greek couple just gave birth to a three-parent baby, the first conceived as part of a clinical trial to treat infertility.

Happy Birthday

On Tuesday, a couple gave birth to what researchers are calling a “three-parent baby” — giving new hope to infertile couples across the globe.

After four cycles of in vitro fertilization failed to result in a pregnancy, the Greek couple enrolled in a clinical trial for mitochondrial replacement therapy (MRT) — meaning doctors placed the nucleus from the mother’s egg into a donor egg that had its nucleus removed. Then they fertilized the egg with sperm from the father and implanted it into the mother.

Due to this procedure, the six-pound baby boy has DNA from both his mother and father, as well as a tiny bit from the woman who donated the egg.

Greek Life

The Greek baby wasn’t the first “three-parent baby” born after his parents underwent MRT — that honor goes to the offspring of a Jordanian woman who gave birth in 2016.

However, in her case and others that followed it, doctors used the technique to prevent a baby from inheriting a parent’s genetic defect. This marked the first time a couple used MRT as part of a clinical trial to treat infertility.

“Our excellent collaboration and this exceptional result will help countless women to realise their dream of becoming mothers with their own genetic material,” Nuno Costa-Borges, co-founder of Embryotools, one of the companies behind the trial, said in a statement.

READ MORE: Baby with DNA from three people born in Greece [The Guardian]

More on three-parent babies: An Infertile Couple Is Now Pregnant With a “Three-Parent Baby”

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Infertile Couple Gives Birth to “Three-Parent Baby”

Report: Tesla Doc Is Playing Down Injuries to Block Workers’ Comp

Former Tesla and clinic employees share how doctors blocked workers' compensation claims and put injured people back to work to avoid payouts.

Here’s A Band-Aid

Tesla’s on-site clinic, Access Omnicare, has allegedly been downplaying workers’ injuries to keep the electric automaker off the hook for workers’ compensation.

Several former Tesla employees, all of whom got hurt on the job, and former employees of Access Omnicare, told Reveal News that the clinic was minimizing worker injuries so that the automaker wouldn’t have to pay workers’ comp — suggesting that the barely-profitable car company is willing to do whatever it takes to stay out of the red and avoid negative press.

Back To Work

Reveal, which is a project by the Center for Investigative Reporting, described cases in which employees suffered electrocution, broken bones, and mold-related rashes while working in a Tesla factory — only for Omnicare to deny that the injuries warranted time off work.

The clinic’s top doctor “wanted to make certain that we were doing what Tesla wanted so badly,” former Omnicare operations manager Yvette Bonnet told Reveal. “He got the priorities messed up. It’s supposed to be patients first.”

Missing Paperwork

Meanwhile, employees who requested the paperwork to file for workers’ comp were repeatedly ignored, according to Reveal.

“I just knew after the third or fourth time that they weren’t going to do anything about it,” a former employee whose back was crushed under a falling Model X hatchback told Reveal. “I was very frustrated. I was upset.”

The automaker is on the hook for up to $750,000 in medical payments per workers’ comp claim, according to Reveal‘s reporting.

Meanwhile, both Tesla CEO Elon Musk and Laurie Shelby, the company’s VP of safety, have publicly praised Access Omnicare, Reveal found. Musk even recently announced plans to extend it to other plants, “so that we have really immediate first-class health care available right on the spot when people need it.”

READ MORE: How Tesla and its doctor made sure injured employees didn’t get workers’ comp [Reveal News]

More on Tesla: Video Shows Tesla Autopilot Steering Toward Highway Barriers

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NASA Is Funding the Development of 18 Bizarre New Projects

Through the NASA Innovative Advanced Concepts (NIAC) program, NASA funds projects that go

Nurturing the Bizarre

NASA isn’t afraid to take a chance on the weird. In fact, it has a program designed for that specific purpose, called NASA Innovative Advanced Concepts (NIAC) — and on Wednesday, the agency announced 18 bizarre new projects receiving funding through the program.

“Our NIAC program nurtures visionary ideas that could transform future NASA missions by investing in revolutionary technologies,” NASA exec Jim Reuter said in a press release. “We look to America’s innovators to help us push the boundaries of space exploration with new technology.”

Sci-Fi to Sci-Fact

The 18 newly funded projects are divided into two groups: Phase I and Phase II.

The 12 recipients of the Phase I awards will each receive approximately $125,000 to fund nine month’s worth of feasibility studies for their concepts. These include a project to beam power through Venus’ atmosphere to support long-term missions, a spacesuit with self-healing skin, and floating microprobes inspired by spiders.

The six Phase II recipients, meanwhile, will each receive up to $500,000 to support two-year studies dedicated to fine-tuning their concepts and investigating potential ways to implement the technologies, which include a flexible telescope, a neutrino detector, and materials for solar surfing.

“NIAC is about going to the edge of science fiction, but not over,” Jason Derleth, NIAC program executive, said in the press release. “We are supporting high impact technology concepts that could change how we explore within the solar system and beyond.”

READ MORE: NASA Invests in Potentially Revolutionary Tech Concepts [Jet Propulsion Laboratory]

More on bizarre NASA plans: New NASA Plan for Mars Is Moderately-Terrifying-Sounding, Also, Completely-Awesome: Robotic. Bees.

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