City Journal: Liberty, in Sickness and in Health – Pacific Legal Foundation (PLF)

In the pandemics early days, the American judiciary largely gave governors wide leeway in issuing unprecedented business-closure and stay-at-home orders in order to dampen the spread of the disease. More recently, some judges, concerned by the scope and duration of those orders, have taken steps to enforce constitutional limits on executive power.

Last May, in response to the several dozen lawsuits that had been filed at that time demanding justification for drastic quarantine measures, a colleague at Pacific Legal Foundation wrote, the longer the lockdowns go on and the less necessary that they seem, the more scrutiny we can expect courts to apply. Now, the number of lawsuits filed has mounted into the hundreds, and several recent opinionsfrom a state Supreme Court, a federal district court, and among dissenting justices at the U.S. Supreme Courthave begun to engage a more serious discussion about the limits of those emergency powers.

The most recent of these decisions (issued earlier this month), Midwest Institute of Health, PLLC v. Whitmer, overturned some of Michigan governor Gretchen Whitmers emergency orders on the grounds of the separation of powers. The case was originally brought in federal court by a group of non-essential health-care workers prevented from offering services under one of Whitmers executive orders and by a patient prevented from receiving knee surgery during this period. The federal court referred the case to the state Supreme Court to opine on the limits of the governors authority under the state constitution.

The Michigan Supreme Court first found that emergency-management law requires the governor to secure the approval of the state legislature in order to continue exercising emergency power. Second, the court found that even if the legislature had given Whitmer continuing authority to issue orders responding to Covid-19, this open-ended grant of power would represent an unconstitutional delegation of law-making authority. Even if the governors orders were constitutional as temporary emergency measures, the state Supreme Court determined that they had gone on for too long.

In Butler v. Wolf, a group of Pennsylvania counties, public officials, and business owners brought a constitutional challenge in a federal trial court against orders issued by Governor Tom Wolf. They complained that numeric limitations on gatherings violated their First Amendment rights to free speech and free assembly and that orders shutting down private businesses and stay-at-home orders violated Fourteenth Amendment rights to liberty and equal protection of the laws.

Ruling for the plaintiffs, Judge William Stickman wrote that good intentions toward a laudable end are not alone enough to uphold government action against a constitutional challenge, and he affirmed the judiciarys unique role in checking the emergency powers of other government actors, especially when the purported emergency has lasted for over six months. While courts should be willing to give temporary deference to temporary measures aimed at remedying a fleeting crisis, there was a big difference between measures taken to flatten the curve and ongoing restrictions that can be rescinded, modified, or reinstated at will.

In Calvary Chapel v. Sisolak, a Nevada church petitioned the Supreme Court for relief from Nevada governor Steve Sisolaks order limiting in-person religious services to 50 or fewer people. The church argued that Nevada was unfairly discriminating against religious organizations, in violation of the free exercise of religion clause of the First Amendment, since other businesses in Nevada, including large casinos, could operate at 50 percent capacity. The Court denied the application.

Justice Samuel Alito, writing in dissent, and joined by Justices Brett Kavanaugh and Clarence Thomas, said that the Court should have accepted the case. States and their subdivisions have responded to the pandemic by imposing unprecedented restrictions on personal liberty, he wrote. While the initial response by officials may have been justified, given the uncertainty surrounding an emergency situation, Alito argued that the emergency does not give Governors and other public officials carte blanche to disregard the Constitution for as long as the medical problem persists.

These cases are likely to guide other judges and lawmakers in assessing future emergency actions by state officials. With emergency declarations still in place and no end to the pandemic in sight, it is essential that our federal and state judicial branches constrain the authority of state officials within constitutional limits.

As Judge Stickman notes in the Wolf case, [t]he liberties protected by the Constitution are not fair-weather freedomsin place when times are good but able to be case aside in times of trouble.

This op-ed was originally published byCity Journal on October 15, 2020.

Continued here:

City Journal: Liberty, in Sickness and in Health - Pacific Legal Foundation (PLF)

Liberty High principal on leave after threat to make football players stand for national anthem – The Advocate

Liberty High, fresh off controversy after changing its name so its no longer associated with a Confederate general, has a new controversy with racial overtones and its principal is now on paid leave as a result.

School leaders are investigating whether Principal Rob Howle violated school policy by sending a text message to a fellow school employee that suggested potential repercussions for football players who fail to stand for the national anthem. The national anthem has been a flashpoint nationwide since football player Colin Kaepernick kneeled during a 2016 playing of the anthem to protest police brutality and racial injustice.

Football is returning to Lee Magnet High School. Lee Principal Rob Howle made the announcement Friday before an energetic student body and sev

Howle is starting his third year as principal of Liberty High, formerly Lee High. Soon after taking over in 2018, Howle relaunched football, which the school had last played a decade earlier.

An image of Howles text message, dated Oct. 1, was posted on social media and came to the attention of the East Baton Rouge Parish school system on Thursday.

Taylor Gast, a spokeswoman for the school system, said the message appears to be real and that the recipient also works for the school system, but she would not identify that person.

The text, first reported by WBRZ-TV and which includes no names, is a short rant from Howle about football players who apparently failed to stand during a recent playing of the national anthem.

That was embarrassing, he wrote. Playing football is a privilege not a right.

The text goes to suggest the recipient of the email might want to make it mandatory to stand during the anthem or this team will never get any more support from the administration.

If they dont want to stand they can turn in their equipment and we will refund their money.

Howle did not return a message from The Advocate seeking comment. The district issued a statement Thursday saying it launched an investigation and that, " as a result, an administrator has been placed on administrative leave." Gast identified the administrator as Howle.

Also, the district said Thursday the school system respects students' rights to freedom of speech and expression and promotes responsible citizenship. In the statement, Gast points to a policy in the Student Handbook that allows for silent meditation during the Pledge of Allegiance, but also touches on the national anthem.

Every assembly or meeting in each school should begin with the Pledge of Allegiance to the Flag and with the playing or the singing of the National Anthem, and all students shall be encouraged to learn the words of the National Anthem, according to the policy. Throughout the playing (singing) of the National Anthem and/or the recitation of the Pledge of Allegiance to the Flag, students shall be encouraged to exhibit respectful behavior.

From sports jerseys to signs to outdoor benches, renaming Lee High to Liberty High will take several months to complete, with the East Baton R

Liberty High was renamed from Lee High in July in the wake of protests across the country that targeted symbols of the Confederacy. Lee High opened in 1959 as Robert E. Lee High School, named after the Confederate general.

See more here:

Liberty High principal on leave after threat to make football players stand for national anthem - The Advocate

Fans Are Going Wild Over Meghan McCains First Picture with Daughter Liberty Sage – Prevention.com

Meghan McCain just shared the first picture of her daughter Liberty Sage! On Wednesday, The View host gave a rare look at her little one, whom she and husband Ben Domenech welcomed in late September.

In the Instagram post, McCain is rocking a fresh-faced look as she holds her baby in an Ollie swaddle. The new mom captioned the post, "Bliss. ," and you can totally feel this from her beaming smile.

Fans could not get over how sweet baby Liberty is, taking to the comments section to share their thoughts. "Meghan you look radiantly beautiful with baby Liberty! ," one fan wrote, while another person said, "New mom glow ."

This content is imported from Instagram. You may be able to find the same content in another format, or you may be able to find more information, at their web site.

McCain announced the birth of her daughter Liberty on the official View Twitter on September 28. "We are excited to share the happy news that our @MeghanMcCain and her husband Ben Domenech have welcomed their first child, daughter Liberty Sage McCain Domenech," the tweet said.

In March 2020, The View host revealed she was pregnant, one year after suffering a "horrendous miscarriage" in 2019. McCain also shared in May that she would be keeping her pregnancy super private, after the negativity she experienced following her dad John McCain's death in 2018.

"People keep asking and requesting I show pics and details of my pregnancy," she wrote on Instagram. "Given that people write on photos I put up of my family they are glad my Dad got cancer and hes in hell, I thought I would leave my unborn child out of the social media cesspool as much as is possible."

This content is imported from Instagram. You may be able to find the same content in another format, or you may be able to find more information, at their web site.

While McCain is continuing that privacy in the weeks since Liberty's birth, The View host let People know that Liberty is "happy and healthy" days after her birth. She also offered a small glimpse into how the postpartum life is treating her in a tweet from early October.

"I know there is a LOT going on in the world that is much more important but I'm in the throes of newborn land.... but I just wanted to know if your nipples can actually fall off from breastfeeding?" she jokingly asked her followers.

McCain also shared a GIF of Modern Family star Eric Stonestreet crying on a bed to indicate how she's been feeling about breastfeeding thus far.

This content is imported from Twitter. You may be able to find the same content in another format, or you may be able to find more information, at their web site.

Despite the tough job that is breastfeeding, it's clear McCain is enjoying so many special firsts with Liberty Sage. I mean, have you ever seen such a breathtaking new mom glow?!

Support from readers like you helps us do our best work. Go here to subscribe to Prevention and get 12 FREE gifts. And sign up for our FREE newsletter here for daily health, nutrition, and fitness advice.

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Fans Are Going Wild Over Meghan McCains First Picture with Daughter Liberty Sage - Prevention.com

Cryptocurrency Is Just a Minor Threat to the State- CoinDesk – CoinDesk

Are cryptocurrencies a new form of money and, if so, do they threaten state power?

Our friend Nic Carter has recentlycommentedon these questions indialoguewith the Federal Reserve Bank of New York. We would like to add our perspective and thoughts on this, as we believe there is value to be derived from discussing these matters in depth. For better and worse, we believe that blockchains such as Bitcoin, Ethereum and Handshake (in which I am involved) have features that make them a novel threat to the powers that states derive from currency issuance but only a very marginal threat. This fairly mild conclusion flows from more controversial premises.

Steven McKie is a founding partner and managing director at Amentum Capital, developer on HandyMiner and HandyBrowser for Handshake and host of the BlockChannel podcast. A version of this article first appeared on Amentum's blog.

The New York Fed writers name three kinds of money: fiat money, money with intrinsic or commodity value and claim-backed money. Without getting lost in the weeds, we think this overcomplicates things. All money that we can think of falls into two categories: either it has intrinsic value (like edible grains) or it doesnt. If it doesnt, then its value comes from the supposition that someone else values it.

This mysterious someone else might be totally unspecified, as when we suppose someone will pay us for gold; or it might include a specific party, such as a state, that promises to take the money in exchange for, e.g., discharging tax obligations. Bitcoin, like gold in the post-gold-standard era, falls into the former category. It has no intrinsic value and nobody in particular has promised to exchange anything for it. We just guess that someone will.

But we should not be surprised that the worlds most popular kinds of money are the ones that states explicitly promise to honor. For states, such promises are an extremely important instrument of their power. For example, by only accepting dollars as tax payment, the United States obliges its hundreds of millions of people to make sure they have dollars handy. Because of this, everyone in the world knows they can sell their dollars to someone (i.e., to U.S. residents). Moreover, everyone knows that by accumulating dollars they gain certain leverage over the United States. This situation enables the United States to print its own money and in so doing, project its power around the world.

The power to print money also gives states another kind of power: It enables them to maximize their productivity. By increasing the money supply, they can pull more people on the margins of the economy into the productive process. But this comes at the cost of the scarcity of money and, because it puts the newly minted money directly into the pockets of the less-powerful, tends to decrease the power of those who have already accumulated a lot of money. Hence, artificial constraints of the money supply, like the gold standard, are often associated with extremely conservative politics. Constraining the money supply hurts productivity, but it preserves social hierarchies.

This is where the more benign hopes of transcending nation-states mix with the darker fantasies of so-called bitcoin maximalists. On the one hand, a meaningful alternative to national currencies could allow people in abusive regimes not to rely on their governments worthless promises. On the other hand, a mechanistically fixed supply of money could put an unequal social hierarchy beyond the reach of democratic power, as the gold standard once did.

Bitcoin, in this respect, is very much like gold. And like gold, it poses no active threat to state currencies or state power. For the value of state currencies as described above is predicated upon the actual, practical power of states. Throughout modern history, the preeminent reserve currency has been the coin of the worlds preeminent military power. Only if states lose their status as the main global powers are their currencies likely to follow suit.

Cryptocurrencies are only playing around the margins of this reality. Still, they can play an interesting role because they have features that prior non-state currencies did not. For example, they can facilitate coordination and communication between their holders. Imagine if all the holders of gold could, for example, vote on whether to mine more. Moreover, some cryptocurrencies have intrinsic value, such as ether (paying for the use of a distributed network), or HNS (paying for domain names on a decentralized registry).

The ongoing improvements in global cooperation that happen in the bitcoin/crypto private sector derive from the many players that ensure a proof-of-work (PoW) system remains secure.

The intricacies that go into the production of hashrate, such as power and chipmaker pricing negotiation, manufacturing, international sales and marketing, mining pools and hashpower secondary markets. All are playing a piece in hardening relationships locally and internationally.

Therefore, a properly secured chain has then worked its way into regional regulations and labor, becoming a localized economic staple over time as it approaches scale. And, the second-order effects that come from that embedded chain of incentives include a public blockchain that is secure, not just technically but socially and politically. The most secure chains possessing such widespread economies of scale become powerful economic instruments of finance and political social progress (albeit slowly, but each new major public chain hastens this emergent process, thankfully).

In essence, though these systems may at first seem adversarial to state power by their very design, if you look more closely youll see they inherently (slowly) improve diplomacy via scalable trustless cooperation and international business over time.

To understand more on the alchemy of PoW hashpower and how it naturally derives incentives for international business cooperation, see thisongoing series from Anicca Research. The trustless systems we deploy globally have powerful consequences, and its important that we as an industry understand how to continually scale the positive aspects of decentralized monetary systems, without amplifying the negative effects such as centralized financial influence.

States are not wrong to be somewhat threatened by these hard-to-assess possibilities. If many people decide they would rather hold cryptocurrencies than state-backed currencies, it will diminish states abilities to project power through their coins.

But states still have the armies, the police and on a good day anyway democratic legitimacy. All of that still matters, and will for a long time.

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Cryptocurrency Is Just a Minor Threat to the State- CoinDesk - CoinDesk

A $4 Billion Dream – Exclusive Interview With Cryptocurrency Creator Brendan Blumer – Forbes

As a leader you have to be that bridge that brings everyone together, so that you can assemble in large numbers and scale sustainably. - Brendan Blumer, Founder & CEO of Block.one

Brendan Blumer, Founder & CEO of Block.ONE

Block.one and the EOS blockchain are most well known for conducting a year-long token crowd-sale between June 2018 to June 2019 resulting in a total of $4 Billion in collected revenues. While, many of the other token crowd-sales such as Kik and Telegram faced tough regulatory persecution resulting in fines, termination of activities and even refunds to investors, Block.one was able to settle the U.S. regulatory charges against it in a favorable deal with the SEC, resulting in a civil fine of $24 million dollars, or only 0.6% of the crowd-sale proceeds.

Block.one maintains that its token sale was a revenue-generating event rather than a fundraising exercise, and that is most closely compared to selling virtual gaming digital assets.Prior to the token sale, Block.one on-boarded several brand name investors from Silicon Valley icon Peter Thiel, to Bitmain, Louis Bacon, Alan Howard, Christian Angermayer, Lansdowne Investment Company Ltd, and Galaxy Digitals Mike Novogratz.

This mega successful revenue-generating event put Block.one in a very special position, allowing its executives to ask themselves a questions every start-up founder can only dream of - What would you build, if money was no object?

This week, I had the opportunity to sit down for an inspiring interview with Brendan Blumer, Founder & CEO of Block.one, to discuss his vision for the company, how to be an effective leader in an ever-changing technological landscape and what tools he uses to stay on top of his game.

Tatiana Koffman: Hi, Brendan. Thank you for joining us today! Blockchain innovation offers unlimited possibilities, beyond just a more efficient and secure way to share data. What is the future of this technology and how does it fit within your vision for EOS and Block.one?

Brendan Blumer: Thank you so much for having me.

Block.one has three core components:

(1) We have the EOSIO business, where we are focused on developing the layer one protocol and all the tools required to harmoniously integrate that architecture EOSIO is a business unit that looks at the tools required to integrate private and public blockchain infrastructure within your business, holistically, and develop the support functions required.

(2) We have a private equity arm that is focused on investing in primarily EOSIO businesses a lot of it is done through third-party GPs, so that way we can spread the capital to other experienced investors and extend the reach of the ecosystem, although we do make some direct investments ourselves.

(3) The last piece of our business...is realizing the potential of EOSIO by actually building businesses ourselves. Voice, our social media platform, is one of those projects.

[Last week, Block.one announced EOSIO for Business a new suite of enterprise service offerings designed to help organizations integrate blockchain-based solutions into their operations. The four new offerings will leverage Block.ones performance-focused EOSIO software and will include Blockchain-as-a-Service (BaaS), consulting, technical support, and training and certification programs. Block.one also announced a partnership with Google GOOG last week, where Google will join as a block producer candidate with the opportunity to become one the EOS 21 block producers,building on Googles strong open-source routes.]

Tatiana Koffman: The Google Partnership was an important announcement for the blockchain sector, because it was one of the first tech giants to recognize the space as legitimate. Do you see other Silicon Valley heavyweights joining next?

Brendan Blumer: Absolutely, I think all of them are exploring it in their own ways. Some of them have different risk appetites. Google is pretty far along in that process. Its just a matter of time before others continue to enter.

Tatiana Koffman: You are based in Hong Kong and have a front row seat to the blockchain developments in China. What global impact do you foresee as a result of Chinas digital currency DCEP and the Blockchain Services Network (BSN)?

Brendan Blumer: We see very aggressive adoption specific to blockchain technology happening in Asia and how you can create interoperability between public and private blockchain components. China is absolutely building a large private infrastructure. I think China is very savvy in terms of what blockchain is capable of. They have made it a cornerstone to revolutionizing their currency and increasing their currencys prominence, particularly in emerging markets.

One of most incredible things about China, in terms of their economic growth, is how aggressively they pave the way for organizations to innovate with these new technologies, as opposed to America which impedes organizations with regulation.

America was built on the foundation of low regulation what you saw is the human spirit set free, and an era of capitalism and innovation. Now there are too many rules, and its a constant battle...In China, you have the government blazing the way. And you really see that in the growth numbers.... They are poised to succeed on a policy level.

Tatiana Koffman: Coinbase Brian Armstrong made headlines recently by publicly stating that Coinbase will be a mission-driven company and will no longer tolerate political discussions in the workplace. Will Block.one adopt a similar policy?

Brendan Blumer: I have a lot of respect for what Brian Armstrong...I think its a touchy subject, but I understand the stuff Brian has to go through, and I understand it on an intimate level... When you want to make change you can take two routes: cooperation and confrontation. A lot of people in the space tend to be more anarchist but Im a big believer that the way you bring societal change is to first show that you can comply with the existing framework Legal frameworks have been the biggest catalyst for the evolution of human rights over a long period of time I do think that major organizations in the space like Coinbase and Block.onewe cant sit down and accomplish every change we want to seenow We cant make perfect the enemy of the good Coinbase understand[s] what they are bringing to the worldthrough making digital assets accessible... but there is a lot of compliance that they are going to have to follow to safely operate for their employees.

Block.one is committed to compliance as well...We are focused on bringing as much of the advantage of the space to the public as possible. We want to earn the trust of the community and abide by legal frameworksThen we want to engage in intelligent conversation on how we can make changeIn order to make change, you have to play by the rules [first].

Tatiana Koffman: There is an active debate on monetary stimulus in the U.S. Do you think adding more stimulus is the correct path to recovery?

Brendan Blumer: Stimulus is just another form of tax. When you deal with global prices that asymmetrically affect the population, you are faced with tough choices. So how are you going to fix it? We do look to our governments to step in when those things happen. We pay taxes. We expect them to be there in times of need like today. And there are only so many options and tools that governments have... I think stimulus is the right way for governments to be addressing this problem the problem is money gets allocated in the wrong way. One of the most frustrating aspects of this pandemic is that it really has made the wealthy wealthier. Policies are being implemented in such a way that they are driving asset prices up for the wealthy and not properly redistributing the subsequent value back to the people that need it the most.

The reality is, fiat is not a good investment. It is not designed to be a good investment...Governments are responding to the crisis the way you would expect and the way they probably shouldbut it's also very powerful marketing for cryptowhere you can rely on supply integrity.

Even in absence of the stimulus, Bitcoins and cryptos value proposition is similar to gold, and the integrity that it brings.

Tatiana Koffman: With negative interest rates and active pursuit of inflation, we now have companies like MicroStrategy MSTR , Square SQ and Stone Ridge allocate funds into Bitcoin. Does Block.one utilize Bitcoin as part of its treasury management strategy?

Brendan Blumer: Block.one holds just under 10% of EOS in treasury and we also hold a very sizable position in Bitcoin. As loyal ambassadors of this ecosystem, we keep our value in Bitcoin we have for a long time and Ive been quite public about thatWe are very much aligned with that mentality. I think you are going to see other organizations follow suit.

Tatiana Koffman: Lets fast-forward 5 or 10 years. Where is Block.one? Where is Brendan Blumer? Will you still be running Block.one or does the dream get even bigger?

Brendan Blumer: Block.one is a holding company, and see different business emerging but technology projects take a long time. One of the hardest demands to meet in this space is the expectation of speed by the community. And its great, it keeps you alive and keeps you focused!

I hope in 5 or 10 years Im still doing this. I do love what I do.

Tatiana Koffman: You mentioned some of the pressures you face from the various stakeholders, investors and employees. You started this journey relatively young. What are some of the challenges youve had to face as you stepped into the shoes of a leader?

Brendan Blumer: Blockchain is challenging in its own wayWe are in a regulatory landscape thats evolving[You need to] have a holistic picture of who your market is and...make sure you are operating with compliance, building a practical route for delivering innovation at the intersection of something that works for your users but is also able to deliver a competitive advantage. Thats a really powerful but also very difficult thing to land on.

The other thing is just building the right kind of culture. We live in a world where so much of it is through remote collaboration...and understanding the bleeding edge of remote collaboration and productivity and cultureis becoming fundamental to building transformational blockchain organizations.

So thats one of the big transformational shifts that Im focused on. We recently brought on an incredible advisor Marty Chavez, former CIO of Goldman Sachs GS . One of the reasons I was excited to work with him is his experience in corporate governance. We spend a lot of time talking about how I can be a better leader in terms of actually applying best practices of scaling organizations and the things you dont think of when you have 10-15 staff. How do you bring 3000 people together and get everyone to appreciate the different components of what each one is building and what still needs to be built? You have to build a team that can harmoniously operate and institute strong culture.

As a leader you have to be that bridge that brings everyone together, so that you can assemble in large numbers and scale sustainably.

Tatiana Koffman: Thank you for joining us Brendan!

Check out the full video interview available this Friday on the MythOfMoney.com

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A $4 Billion Dream - Exclusive Interview With Cryptocurrency Creator Brendan Blumer - Forbes

Dissidents Are Turning To Cryptocurrency As Protests Mount Around The World – Forbes

A pro-democracy protester gives the three-finger salute while holding up a sign on an electronic ... [+] tablet during an anti-government rally on the outskirts of Bangkok on October 19, 2020. (Photo by Jack TAYLOR / AFP) (Photo by JACK TAYLOR/AFP via Getty Images)

In a COVID-19 era marked by aggressive political consolidation and economic troubles, there have been sparks of protests around the world. From Hong Kong, to the United States to Nigeria, to Thailand, to Belarus and beyond no corner of the world has been untouched by a wave of fresh political protests.

Their causes are diverse: fighting against established political classes, opposing police brutality or calling for reexaminations of elections with possibly fraudulent vote counts.

Yet their concerns are common: they are aligned against powerful and entrenched politicians who largely control trust within their borders. From use of force against dissidents to regulations that control domestic banking systems to the control of state-affiliated media, political incumbents have a lot of power to wield to advance their interests. In order to create meaningful dissent, you have to work around that power.

Cryptocurrency offers one way to doing so. From the payment processor side, you can set up your own payment service using open-source software such as BTCPay. With decentralization, you dont rely on any third-party organization to vet or potentially censor your payments, and there are no processing fees: a stark contrast from the conventional banking system in nation-states that are largely dependent on the corpus between political and legal power to maintain their good financial standing.

An example of this is the Feminist Coalition, an organization of Nigerian activists, moving to accept donations in bitcoin as part of the #EndSARS movement dedicated to fighting police brutality in Nigeria. The Feminist Coalition has reported that its bank account has been shut down, along with a donation link provided by centralized payment processor Flutterwave. Flutterwaves chairman is Tunde Lemo, a former deputy governor of the Central Bank of Nigeria.

The move to bitcoin not only helps the Feminist Coalition to be resilient to censorship for payment processors who are entrenched in traditional power structures, it also helps donors decide the level of privacy they need to make donations to a cause that might be frowned upon in official circles.

People can choose to use Wasabi wallet and the combination of tools they bring to the fore (broadcasting via the Tor network, using CoinJoin to more deeply anonymize transactions) to express a strong desire for privacy. They can use a bitcoin address they dont use very often and which cant be strongly tied to their identity to send cryptocurrency donations. Or they can choose to express a very loose expression of privacy by sending from a more centralized exchange with stricter identity rules such as Coinbase.

The essential point is that people can send cryptocurrency when centralized exchanges censor payment processing and theres no other ways to transact, and they can choose how strongly they want to link their personal identity to financial transactions in the face of political repression and political power.

This same dynamic is what happened with Hong Kong Free Press, an English-level media organization that has pro-democracy support and perspectives within Hong Kong which is also using BTCpay to accept bitcoin and donations.

Given the new national security law, its possible that payment processors might shut off Hong Kong Free Press and their access to the financial resources required to operate and its possible that they might go after with their donors, especially ones with weaker privacy protections.

In Thailand, where pro-democracy protestors have emerged, protestors have put up signs asking for others to buy bitcoin. In Belarus, government employees fired for supporting the political opposition have been supported with grants partially financed through cryptocurrencies by the BYSOL organization, an organization founded by civic society and technologists that support[s] anyone who was repressed, prosecuted, or lost their jobs because of participating in strikes or peaceful protests in Belarus.

Those facing political prosecution fill out a form that took one just ten minutes to figure out, and then theyre set up on a mobile cryptocurrency wallet, then sent grants and support. BYSOL is fundraising with bitcoin and ethereum as funding options. The organization has raised slightly over $2 million USD to send out to support protesters for their bravery if they are economically tied to the state and are punished for it.

Around the world, as protests mount, cryptocurrencies are starting to be used in various ways to go around established political power and to support protestors and dissidents. Each use further bolsters the case that cryptocurrencies can help support meaningful dissent and political diversity even in the face of extreme repression.

See the article here:

Dissidents Are Turning To Cryptocurrency As Protests Mount Around The World - Forbes

Bitcoin: Another Mini-Meltdown Appears Likely – Seeking Alpha

Source

Bitcoin (BTC-USD), as well as the blockchain enterprise sector in general, has become increasingly correlated with stocks in recent months. Due to the upcoming election, the lack of progress on the fiscal stimulus front, uncertainty about the state of the economy going forward, the likelihood of an increase in volatility, as well as other factors, things could get messy in the blockchain enterprise segment in the weeks ahead.

Bitcoin: 1-Hour Chart

Source: Binance.com

We see that BTC is forming what appears to be another head and shoulders pattern, similar to the prior ones in the chart above. Furthermore, Bitcoin got rejected at the critical $11,800 resistance level recently and broke through support at $11,500. More recently BTC has been testing the $11,250 area of support and is dangerously close to breaking below this crucial level. If $11,250 gets penetrated, Bitcoin could melt down further below $11,000 and possibly retest $10,500, as well as $10,000 support levels next.

Source

Despite the possibility for short-term downside, we remain quite bullish on BTC and the overall digital asset segment long term. As the above chart illustrates, BTC moves in waves, and the top of each wave is substantially higher than the previous top.

I see no reason for this trend to end, and the next major top will likely be substantially higher than the previous one around $20,000. In fact, I believe the next major top could be around $75,000, but it will likely take some time (1-3 years) to get there.

Since the mid-March bottom, Bitcoin has roughly tripled, while the S&P 500/SPX (SP500) has appreciated by about 58%. Despite the clear outperformance, we see that Bitcoin has been moving largely in tandem with the stock market. This was also apparent during the February/March meltdown as stocks and Bitcoin essentially meted down simultaneously.

So, here we are now. The presidential election is approaching, certain economic indicators as well as some key company earnings are coming in worse than expected, fiscal stimulus seems to be off the table until after the election, volatility appears to be picking up, and Bitcoin coupled with stocks could experience another notable leg lower.

Despite the apparent correlation with stocks, we remain very bullish on Bitcoin and select blockchain enterprises in the intermediate and long term. One reason for this is because Bitcoin and systemically important digital assets are likely to play an increasingly important role in the future economy, as some offer valuable services and others serve as digital currencies/payment systems.

Furthermore, Bitcoin and other key "coins" are essentially inflation proof, as there is only a certain amount that can ever exist in circulation (Bitcoin 21 million). A stark difference to the dollar and fiat currencies in general that are being debased on a perpetual basis and can be printed endlessly if so desired by central banks.

Bitcoin is the gold standard of the digital asset market, and it serves as a payment system as well as a unique store of value mechanism.

Transactional Coins

Litecoin (LTC-USD): If Bitcoin is akin to digital gold, then Litecoin is somewhat akin to digital silver. It may not be the store of value that Bitcoin is in the digital world, but it is a far more efficient transactional vehicle.

Bitcoin Cash (BCH-USD): Bitcoin Cash is another transactional coin, much like Litecoin that can handle scale, speed, and cost far more efficiently than Bitcoin.

Zcash (ZEC-USD): Zcash is another top and very promising transactional coin, but is more encrypted, thus making transactions more difficult to track.

Dash (DASH-USD): Another top transactional coin, similar to Zcash.

Monero (XMR-USD): This is the only top transactional coin that I am aware of that is essentially untraceable.

Please understand me correctly. I am not talking about nefarious transactions, money laundering, etc. here. I am simply pointing out that there are coins that can be used with a certain degree of anonymity, and in my view, there is nothing wrong with that. The government does not need to know when, where, and how I spend my own hard-earned money. This is my personal libertarian viewpoint, and everyone is welcome to their own.

Functional Blockchain Enterprises

Not all digital assets/blockchain enterprises are created equal. In fact, the ones that I am discussing are all different and have their own unique role to play in the future economy. Transactional coins are designed to work as currencies/payment systems, while functional coins are designed to perform a particular function/offer a service.

For instance: Ripple (XRP-USD) enables banks to perform interbank and other transactions far more efficiently and less costly than traditional methods.

Ethereum (ETH-USD) handles smart contracts and various applications.

Cosmos (ATOM-USD) specializes in connecting blockchains together.

Other functional coins we see substantial potential going forward include: Tron (TRX-USD), Tezos (XTZ-USD), Swipe (SXP-USD), EOS (EOS-USD), Cardano (ADA-USD), and several others.

How to get exposure without going through crypto exchanges

I understand that not everyone is comfortable with cryptocurrency exchanges, blockchain wallets, etc. Unfortunately, the market is rather thin on alternative options (although Bitcoin futures are available).

This Is Where the Grayscale Trust Comes In

For now, market participants can get exposure to several "coins" through the Grayscale Trust.

So what does the Grayscale Trust offer?

Well, market participants can get exposure to Bitcoin through Grayscale's OTC (GBTC) trading vehicle. Likewise Grayscale offers similar trading instruments for Ethereum (OTCQX:ETHE), Bitcoin Cash (OTCQX:BCHG), Ethereum Classic (OTCQX:ETCG), Litecoin (OTCPK:LTCN), and a diversified large cap-fund (OTCQX:GDLC). Other crypto trading instruments appear to be on their way as well from Grayscale.

Volatility in stocks appears to reflect poorly on Bitcoin and the digital asset market in general. As there is likely to be more volatility ahead in stocks as well as other key markets, Bitcoin/blockchain enterprises could decline in the short term. Nevertheless, intermediate and long term, we remain extremely bullish on this segment and see a lot of upside potential ahead in the next 1-5 years and beyond.

However, in this uncertain environment, our portfolio's 25% allocation in Bitcoin and other digital assets feels a bit heavy. Therefore, we began locking in profits in some blockchain enterprises after the $11,500 level was unable to hold up. Intuition tells me that $11,250 may fail in upcoming sessions as well, and a mini meltdown to around $10,500-$10,000 is plausible. Therefore, we are reducing our digital asset holdings to raise our cash position, but we will reenter the market once volatility calms down after the election and we have a clearer view on where markets are headed next.

Want the whole picture? If you would like full articles that include technical analysis, trade triggers, portfolio strategies, options insight, and much more, consider joining Albright Investment Group!

Disclosure: I am/we are long ASSETS MENTIONED. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: This article expresses solely my opinions, is produced for informational purposes only and is not a recommendation to buy or sell any securities. Please always conduct your own research before making any investment decisions.

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Bitcoin: Another Mini-Meltdown Appears Likely - Seeking Alpha

FinCEN Hits Helix and Coin Ninja Operator with $60M Fine – Finance Magnates

Department of the Treasurys Financial Crimes Enforcement Network (FinCEN) fined a Bath Township man it accused of violating anti-money-laundering laws and running a business affiliated with darknet sites.

Federal prosecutors said Larry Dean Harmon laundered more than $300 million worth of cryptocurrency often used for illegal transactions in underground marketplaces. He also exchanged bitcoins hundreds of times on behalf of customers, operated an unlicensed money transmitting business and transmitting money without a license, court records show. He was ordered to pay $60 million in fines for violating reporting and registration requirements under the Bank Secrecy Act

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This marks the second time FinCEN has taken action against a cryptocurrency business and comes seven years after it first issued guidance requiring those who buy and sell digital assets to register as money-services businesses.

FinCENs announcement refers back to its 2013 Guidance, in which it stated that this type of business is required to obtain regulatory licenses and establish an anti-money laundering compliance program.

FP Markets Expands Its CFD Trading Offering in Commodities, Metals & IndicesGo to article >>

Harmon has allegedly operated two bitcoin businesses, Helix from 2014 to 2017 and Coin Ninja from 2017 to 2020. These services allowed users to launder more than 350,000 bitcoins, the equivalent to about $400 million, and obscure its origin in a practice known as mixing or tumbling.

Prosecutors allege Harmon charged a 2.5% fee, which would be about 900 bitcoins worth close to $106 million at todays prices.

Mr. Harmon operated as an exchanger of convertible virtual currencies by accepting and transmitting bitcoin through a variety of means. From June 2014 through December 2017, Helix conducted over 1,225,000 transactions for its customers and was associated with virtual currency wallet addresses that sent or received over $311 million dollars. Mr. Harmon operated Helix as a bitcoin mixer, or tumbler, and advertised its services in the darkest spaces of the internet as a way for customers to anonymously pay for things like drugs, guns, and child pornography, the FinCEN explains.

Helix and Coin Ninja were advertised to customers as a way to conceal transactions from law enforcement and were used in connection with underground marketplaces Agora Market, Nucleus and Dream Market. His two operations were also accused of partnering with thethe dark web websiteAlphaBay in a scheme that lasted until federal authorities shut it down in 2017.

These darknet places allowed customers to buy drugs, fraudulent ID documents and other illegal items.

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FinCEN Hits Helix and Coin Ninja Operator with $60M Fine - Finance Magnates

Everything you need to know about Crypto Trading – Nairametrics

Trading cryptocurrency simply involves changing one cryptocurrency to another cryptocurrency or changing crypto to local money or Fiat. On the other hand, cryptocurrency trading also covers the buying and selling of any crypto or coins and exchanging to the fiat of ones choice.

To trade crypto assets, the first thing you need to do is to ensure you have a wallet where you can keep any cryptocurrency youll be purchasing from any crypto exchange platform like Remitano, Coinbase, Binance, etc. The first stage of trading cryptocurrency is creating an account. The essence of creating an account is to show interest and also give you the platform to get your cryptocurrency wallet.

READ: Cryptoexchanges withmost valuable crypto-assets in the world

These are platforms that allow the buying and selling of cryptocurrencies. There are centralized and decentralized platforms, but the bests are always decentralized. The decentralized platforms are controlled by multiple systems (meaning there is no single computer controlling it). These platforms allow you to buy and sell cryptocurrency and as well as store them in your wallet.

Read this article about decentralized cryptocurrency exchanges (DEX) to gain more insight into decentralized exchanges.

Exchanges charge traders a fee for allowing you to trade cryptocurrencies. The average fee per trade is 0.1% of each trade executed on the platform. Billions of dollars worth of crypto assets are traded every day. Lucky traders and early adopters have made it big from trading cryptocurrencies, and it is now their full-time job.

From my experience, there are basically two types of cryptocurrency trading; short term trading and long term trading. Now lets look at these types of trading.

This refers to buying cryptocurrency at a low price only to hold for a short time before selling at a marginal profit. Trading time can be between minutes to months.

The idea is simple; you buy a coin because you think the price will increase in a short time and then sell it for a quick profit.

This guide on day trading will help you become an expert at short term trading.

Long term holding refers to the act of holding a particular crypto asset for a very long time, years to be precise. The word HODL which means Hold on For Dear Life originates from long term trading. The idea of long term trading is to hold crypto assets for a very long term regardless of the volatility with the hope that it will increase by a significant factor after years of holding.

Fluctuations are the most significant problem that cryptocurrency traders face. Trading cryptocurrencies have many benefits, but before you trade, you must be aware of the risks involved in trading. Below are some of the cryptocurrency-related risks.

Cryptocurrency fluctuates: There is no fixed price over a fixed period for cryptocurrency. This means the worth of a cryptocurrency today can change tomorrow. The change can be slow or rapid, but it is quite unusual for cryptocurrency value to drop heavily. Most times, whenever it drops, it is always little, and theres still a time when it will pump (cryptocurrency increases).

READ: Fate of $2.3 billion worth of Bitcoins in Limbo

Cryptocurrency is not regulated: The bank and government are not in control of these digital assets. However, people are paying more attention to it because of its usefulness and how it is becoming generally accepted across the globe.

Security risks: There can be cryptocurrency mistakes, and cryptocurrency can be hacked: Sometimes, avoiding obstacles as a result of technical failures might be difficult. Hackers can also hack into cryptocurrencies and toy with it.

The best way to avoid issues with cryptocurrency is to get as much information as possible before starting.

READ: How to buy and sell Bitcoins in Nigeria

There are quite a number of people that are concerned about the best trading platforms to use for their transactions. There is no need to worry about that.

This article will highlight some of the top and best cryptocurrency exchange platforms you can use for trading. There are a lot of other platforms out there, and finding the best should be the aim. Below is a streamlined list of five cryptocurrency trading platforms that are safe and trusted.

READ: Bitcoin could reach $225,000 by 2021

This is the most recommended trading platform for both beginners and experts. The platform is a P2P escrowed marketplace that makes buying and selling of cryptocurrency and trading to local currency easier and faster. You are connected with buyers or sellers (depending on what you want to do), and the transaction goes on safely.

Coinbase is one of the best platforms for trading. It is highly secured and easy to use for trading leading cryptocurrencies like Bitcoin, Ethereum, and others. Coinbase has APIs that allow developers to link with third-party apps and trading platforms. Coinbase is on this list because it is easy to use, highly secure, and fees are low.

Kraken is on the list because it is an old and consistent cryptocurrency platform that allows funding from diverse options. This platform is super cool for beginners because it makes the onboarding process easier.

BItfinex is a good platform for all trading necessities. If you are already learned and good with trading, you will find this cryptocurrency exchange valuable. Beginners might find the interface complicated, but it supports different cryptocurrencies.

CEX.IO

This is a reliable platform for multiple cryptocurrencies. You can also make deposits from your local bank (credit card or any other option that suits you). The multiple payment option and high security, state compliance with regulatory organizations are top reasons why you should consider the platform. You can also track your investments with their developed reports.

The primary reason why cryptocurrencies are ideal for trading is because of the fluctuations. There are cases where youll have more profits due to the price when you bought the cryptocurrency, and you experienced an increase in the long run (that means youre making a profit). Also, the opportunity to buy cryptocurrencies when theyre cheaper or at the prices that are convenient for you and sell off when you realized theyve increased in value makes cryptocurrency ideal for trading.

It is an undisputed fact that the income coming from crypto trading might not be as huge as you might have envisaged, however, the more the value of the cryptocurrency youre holding or trading, and the longer you hold your cryptocurrency, the more your chances of cashing out big.

The price is influenced by the economic factor of demand and supply. This is what the cryptocurrency traders use in balancing their portfolio. Cryptocurrency is just a different and unique investment form or opportunity.

Now that you understand everything about crypto trading, you can learn how to begin cryptocurrency trading in 2020.

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Everything you need to know about Crypto Trading - Nairametrics

Cryptocurrency Mining Market to Observe Strong Growth to Generate Massive Revenue in Coming Years 2020 to 2027 – The Think Curiouser

Global Cryptocurrency Mining Market Research report 2020 provides a detailed analysis of industry status and outlook of major regions based on key players, countries, product types, and end industries. This research report offers the overall analysis of the segments such as market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions.

We have also focused on SWOT, PESTLE, BCG matrix, SCOT analysis, and Porters Five Forces analyses of the global Cryptocurrency Mining market. Leading players of the global Cryptocurrency Mining Market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served.

Download FREE PDF of This Report @ https://www.stratagemmarketinsights.com/sample/12806

The Major Players covered in this Cryptocurrency Mining Market reports are-AntPool, Ebot, BTC Top, Genesis Mining, BTC.com, F2Pool Hashing 24, ViaBTC, Bitmain Technologies Ltd., and Hashflare..

Industrial Impact of Covid-19 on Cryptocurrency Mining Industry:

The outbreak of the pandemicCOVID-19changed the market scenario on the global platform. Many of the regions are facing the biggest economic crisis owing to the lockdowns that were implemented due to the outspread of the coronavirus infection. As the only solution that has been found to contracting this disease is social distancing many countries have implemented strong regulations in regards to people gatherings. Owing to this many of the businesses are working with only 30% of its employees thus not able to bring the maximum production.

Thiscan affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.

Cryptocurrency Mining Market Report is Segmented as Following-

Market Attributes

Details

Market size value in 2020

USDXX Million

Revenue forecast in 2027

USDXX Million

Growth Rate

CAGR of XX % from 2020 to 2027

Report coverage

Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends

Country scope

U.S., Canada, Mexico, U.K., Germany, France, Italy, China, India, Japan, Brazil, Argentina, Saudi Arabia, South Africa

AntPool, Ebot, BTC Top, Genesis Mining, BTC.com, F2Pool Hashing 24, ViaBTC, Bitmain Technologies Ltd., and Hashflare.

In conclusion, the Cryptocurrency Mining Market report is your trusted source for accessing research data that is expected to exponentially accelerate your business. This report provides information such as economic scenarios, benefits, limitations, trends, market growth rates, and figures. The SWOT analysis is also incorporated into the report along with the guess attainability survey and venture revenue survey.

Do you have any Query or any customization with this report, please get in touch with our business experts at: https://www.stratagemmarketinsights.com/speakanalyst/12806

Contact Us:Mr. ShahStratagem Market InsightsTel: US +1 415 871 0703 / JAPAN +81-50-5539-1737Email:[emailprotected]

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Cryptocurrency Mining Market to Observe Strong Growth to Generate Massive Revenue in Coming Years 2020 to 2027 - The Think Curiouser

Cryptocurrency Market 2020 Industry Size, Share, Regional Growth, Trends, Methods, Applications, Equipment vendors, Business Prospects and Forecast to…

Coherent research output presented by expert research analysts and seasoned professionals have anticipated a substantially optimistic growth outlook for Cryptocurrency market at the backdrop of efficient business models and delivery systems which are likely to offset global pandemic crisis and its concomitant implications. As per recent predictions the overall CAGR percentage and overall growth is likely to align with the business objects and revenue generation models of some of the leading vendors in the Cryptocurrency market.

Download Sample PDF Brochure: @ https://www.adroitmarketresearch.com/contacts/request-sample/349?utm_source=bh

This report also examines the key market players identified by their market share and product offerings. In addition, Cryptocurrency Market Research provides strategic insights based on assessing recent events and analyzing players strategy. It also covers the driving forces, opportunities and challenges prevailing in the industry. The report covers segment analysis for a key region: North America, Europe, Asia Pacific, the Middle East, Africa and South America.

Essential Key Players involved in Global Cryptocurrency Market are:

BitFury Group Limited, Microsoft Corporation, Ripple Labs Inc., Intel Corporation, Advanced Micro Devices Inc., Coinbase Ltd., NVIDIA Corporation, AlphaPoint Corporation, BitGo, Xilinx Inc. and BTL Group Ltd. among others.

Browse the complete report Along with TOC @ https://www.adroitmarketresearch.com/industry-reports/cryptocurrency-market?utm_source=bh

This extensive research presentation is posed to serve as an authenticate knowledge hub for the diversified reader spectrum comprising investor enthusiasts as well as other key contributors and frontline players in global Cryptocurrency market.

The multi-timeline Cryptocurrency market analysis is in place to allow market players devise growth-oriented business strategies and tactical decisions, thus securing healthy growth trail and profit numbers in the foreseeable future.

This report is designed to serve as a ready-to-use guide for developing accurate pandemic management programs allowing market players to successfully emerge from the crisis and retrack voluminous gains and profits.

The report includes detailed market overview inclusive of details in the historical and current timelines. The report scouts for noteworthy trends and profit generation trends in the past decades, followed by current status.

Cryptocurrency Market Segmentation

Type Analysis of Cryptocurrency Market:

Component Segment

HardwareFPGAGPUASICWalletOthersSoftwareMining PlatformBlockchainCoin WalletExchangeType SegmentEthereumBitcoinLitecoinDashcoinRipple (XRP)OthersEnd-User Industry SegmentMedia & entertainmentRemittanceE-commerce & retailPeer-to-peer paymentOthers.

Vendor Profile: Global Cryptocurrency Market

The vendor landscape and competition analysis of the global Cryptocurrency market by reveals that the market is significantly disrupted by novel market vendors and manufacturers, as well as technological innovations and product expansion plans. Additional details on frontline players, as well as contributing members have been widely addressed in the report favoring logical business investments.

This specifically designed research report highlighting current and historical developments in global Cryptocurrency market is poised to catapult substantial disruption in the market ecosystem, underpinning fast track developments in M&A ventures, commercial collaborations besides also highlighting novel disruptions across product and service facets.

The report is also equipped with high end information compiled in a dedicated format to highlight some of the leading players in global Cryptocurrency market, besides also identifying significant contributors.

COVID-19 Analysis and Crisis Management: Global Cryptocurrency Market

Committed to offer real time data on ongoing market developments and trends, this detailed research report on global Cryptocurrency market presented also entails a clear and detailed overview of the Cryptocurrency market amidst the global pandemic and the various pandemic management operation designed and implemented by frontline and contributing players alike. The report particularly zooms in to find the prominent market alterations during the pandemic, affecting global Cryptocurrency market in a multi-dimensional scheme encompassing production and consumption patterns, CAGR percentage, pricing alteration, besides lending significant awareness upon evident challenges, threats, development cycles.

Report Highlights:

1. Detailed overview of Cryptocurrency market2. Changing market dynamics in the industry3. In-depth market segmentation4. Historical, current and projected market size in terms of volume and value5. Recent industry trends and developments6. Competitive landscape7. Strategies of key players and products offered8. Potential and niche segments, geographical regions exhibiting promising growth9. A neutral perspective on market performance10. Must-have information for market players to sustain and enhance their market footprint

Make an Enquiry About This Report @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/349?utm_source=bh

About Us :

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a markets size, key trends, participants and future outlook of an industry. We intend to become our clients knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Ryan JohnsonAccount Manager Global3131 McKinney Ave Ste 600, Dallas,TX75204, U.S.A.Phone No.: USA: +1 972-362 -8199/ +91 9665341414

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Cryptocurrency Market 2020 Industry Size, Share, Regional Growth, Trends, Methods, Applications, Equipment vendors, Business Prospects and Forecast to...

AABB – Asia Metals Inc. Development Agreement for Gold-Backed CryptoCurrency Coin In Final Stages of Negotiations – GlobeNewswire

LAS VEGAS, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that the Company is in the final stages of negotiating the terms of a development agreement with a digital assets and crypto wallet creator to produce a gold-backed cryptocurrency coin. AABB is in advanced discussions with the developer to plan the design, implementation and milestone events schedule for the gold-backed crypto coin prior to initiating the development process. Viewed as a revenue diversification project to create liquidity and monetize gold production, the Company is excited to release further details of the gold-backed crypto coin project in the coming weeks after the agreement is completed.

Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.

Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.s (the Company) expected current beliefs about the Companys business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.

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AABB - Asia Metals Inc. Development Agreement for Gold-Backed CryptoCurrency Coin In Final Stages of Negotiations - GlobeNewswire

4 dangerous cryptocurrency scams the FBI wants you to watch out for – Komando

Are you investing in cryptocurrency? Its a decentralized form of digital money that has made quite a few people rich overnight. Thats also why its a perfect cover for cybercrime and online scams.

Fraud involving cryptocurrency is incredibly common. In fact, cryptocurrency scams were the reason that some of the most famous Twitter accounts in the world got hijacked. Tap or click here to see one of the biggest and strangest hacks in history.

And with cybercrime at an all-time high, crypto scams are also on the rise. Thats why the FBI is issuing an urgent warning to Americans about threats posed by crypto scammers during the COVID-19 pandemic. If you want to avoid getting fleeced, heres what you need to watch out for.

The FBI has issued a warning bulletin about several common cryptocurrency scams that have emerged during the COVID-19 pandemic. At a time when many people are already struggling financially, these scams have the potential to wreak havoc on unsuspecting bank accounts.

Based on the FBIs findings, there are four main types of crypto scams circulating. Heres how they work, and what you can expect to see and hear when you encounter the cybercriminals behind them:

Learn the tech tips and tricks only the pros know.

Blackmail scams: If youve ever received a sextortion email, you already know what this is like. Scammers are emailing victims with threats about access to personal information or dirty secrets. In exchange for keeping these secrets under wraps, the scammers demand a Bitcoin ransom. Some scammers even go as far as threatening you and your family with COVID-19 itself.

Tap or click here for an in-depth look at this crazy scam.

Work from home scams: Scammers will pose as employers looking to hire workers for financial activities. What theyre really doing, however, is using your bank account as a mule for stolen money. The scammer will ask you to accept a donation of funds as part of your job, and if you do, youre now a de facto accomplice in their crime.

Tap or click here to see how these work from home scams can land you in jail.

Fake COVID-19 treatment scams: Scammers are attracting online shoppers with enticing offers of products and equipment they claim can cure or prevent COVID-19. But theres a catch: You have to pay in cryptocurrency. If you make the payment, the products never arrive and your money is good as gone.

Tap or click here to see how to spot websites selling fake COVID-19 treatments.

Investment scams: Scammers are pitching fraudulent investments in unknown kinds of cryptocurrencies to trick victims into sending them money. Cryptocurrencies rise and fall in popularity, and jumping on to a new brand of crypto can potentially net you a good chunk of change if youre lucky. But the new crypto they promise is fake, and the scammers run off with your money.

There are plenty of real websites, investments and charities that do use cryptocurrency. But if any of them follow the formats mentioned above or pressure you into using crypto over regular money, consider it a major red flag.

The FBI suggests following these tips below to keep yourself safe from fraud:

If you get a threatening or suspicious email discussing cryptocurrency, delete it immediately. Do the same thing with suspicious text messages, and avoid picking up the phone for calls you dont recognize. Phone scams are another huge threat targeting Americans during the COVID-19 pandemic.Tap or click to see why its happening.

If youd like to report a suspected cryptocurrency crime, or if youve been victimized by fraud, the FBIs Criminal Investigative Division has an entire team dedicated to cryptocurrency money laundering and frauds. Contact your local FBI field officeor visit the FBIs Internet Crime Complaint Center atic3.gov.

X

Learn the tech tips and tricks only the pros know.

Scammers may switch up their tactics every so often, but theyre only effective if theyre able to trick you. If you ignore and report them, they wont be a problem at all.

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4 dangerous cryptocurrency scams the FBI wants you to watch out for - Komando

Unpacking the DOJ’s cryptocurrency guidance: Enforcement priorities and industry implications – Lexology

On October 8, 2020, the US Department of Justices (DOJ) Cyber-Digital Task Force issued its first crypto-related guidance, Cryptocurrency: An Enforcement Framework, an 83-page report intended to help the industry comply with US legal obligations. While the DOJs report praises blockchain and digital ledger technology for their breathtaking possibilities, it also issues a stark warning: cryptocurrency technology plays a role in many of the most significant criminal and national security threats that the United States faces. After providing a helpful overview of cryptocurrency for lay readers, the report examines the role of the DOJ in prosecuting crypto-related misconduct, including applicable federal statutes, key partnerships and enforcement challenges.

The report was issued mere days after the DOJ announced one of its most significant crypto-related prosecutions of 2020: the criminal indictment of the founders and senior executives of one of the worlds biggest cryptocurrency exchanges the Bitcoin Mercantile Exchange (BitMEX). On October 1, 2020, the SDNY announced money laundering charges against four BitMEX executives, accusing the group of Bank Secrecy Act violations. On the same day as the DOJ indictment, the Commodity Futures Trading Commission (CFTC) brought a civil enforcement action against BitMEX executives as well as five entities that own and operate BitMEX, claiming that they are operating an unregistered trading platform and violating anti-money laundering (AML) and other CFTC regulations. Three of the four individual defendants remain at large; the fourth defendant was released on $5 million bail last week.[1] As of the date of this article, all of the individual defendants have stepped down from their executive positions at BitMEX, including the former CEO and former CTO.[2]

Read together, the report and unsealed BitMEX indictment serve notice on offshore cryptocurrency exchanges and other money services businesses (MSBs) thought to be operating outside of the reach of US authorities US law enforcement agencies have a long reach and will not hesitate to act. In this alert, we offer three key takeaways for crypto exchanges, issuers and other industry participants, as well as thoughts on what to expect going forward.

A. Many weapons in the prosecutorial arsenal including statutes that can ensnare foreign actors

Federal prosecutors have relied on and will continue to rely on a number of statutes prosecuting crypto-related crimes, including charges for wire/mail fraud (18 U.S.C. 1343, 1341), securities fraud (15 U.S.C. 78j and 78ff), access device fraud (18 U.S.C. 1029), identity theft/fraud (18 U.S.C. 1028), fraud/intrusion in connection with computers (18 U.S.C. 1030), money laundering (18 U.S.C. 1956 et seq.), tax evasion (26 U.S. Code 7201), failure to comply with Bank Secrecy Act requirements (31 U.S.C. 5331 et seq.), and the operation of an unlicensed money transmitting business (18 U.S.C. 1960). Other relevant federal laws include those criminalizing drug trafficking (21 U.S.C. 841 et seq.), sale/possession of counterfeit items (18 U.S.C. 2320), illegal sale/possession of firearms (18 U.S.C. 921 et seq.), child exploitation (18 U.S.C. 2251 et seq.), and transactions involving proceeds of illegal activity (18 U.S.C. 1957). The government can also seek criminal and civil forfeiture of cryptocurrency and other assets, as it has in cases involving state actors and terrorist organizations. Under civil forfeiture laws, US authorities can seize assets even where there are no criminal charges or where a defendant may not be prosecutable.

The report emphasizes the use of money laundering statutes to address cryptocurrency crimes, explaining that the DOJ can bring to bear a wide variety of money laundering charges in cases involving misuse of cryptocurrency. Money laundering is identified as one of the most significant risks for cryptocurrency due to the the explosion of online marketplaces and exchanges that use cryptocurrency, which provide criminals with the ability to move vast sums of money efficiently across borders while cover[ing] their financial footprints and to enjoy the benefits of their illegitimate earnings.

The report also warns that issuers, exchangers and brokers of digital assets are considered to be MSBs subject to anti-money laundering and know your customer (KYC) requirements, and that such companies/individuals are subject to oversight by the Department of the Treasurys Financial Crimes Enforcement Network (FinCEN). Notably, FinCENs requirements apply with equal force to both domestic- and foreign-located MSBs, even if the foreign-located MSB does not have a physical presence in the United States, if the MSB conducts business in whole or substantial part in the United States.

While the DOJ observes that some of the largest cryptoasset exchanges operate outside of the United States (see our note on jurisdictional arbitrage below), it also warns exchanges to take seriously their legal and regulatory obligations . . . to protect users and to safeguard potential evidence in criminal or national security investigations. The DOJ states that it will take appropriate action if crypto exchanges breach these obligations, and the BitMEX prosecutions will serve as an important test case. The indictment accuses the BitMEX defendants three out of four of whom are outside the US of Bank Secrecy Act violations for willfully failing to establish, implement and maintain AML and KYC controls.

B. Strategic partnerships with other regulators

The DOJ works with multiple federal regulators and enforcement agencies, including the US Securities and Exchange Commission (SEC), the CFTC, the Internal Revenue Service, FinCEN, and the Office of Foreign Assets Control, among others. For instance, the DOJ and SEC have coordinated in recent years on numerous matters involving allegedly fraudulent initial coin offerings (ICOs). In January 2018, the SEC filed a civil complaint in federal court in Texas seeking to halt an allegedly fraudulent ICO involving a crypto startup called AriseBank. The DOJ brought criminal charges against AriseBanks CEO later that year, claiming that he defrauded investors out of millions of cryptocurrency assets. The CEO ultimately pled guilty in the criminal case to one count of securities fraud; in the civil action, the CEO and the COO agreed to pay nearly $2.7 million in disgorgements, interest and penalties.

In 2017, the DOJ and the SEC similarly brought parallel enforcement proceedings against Brooklyn businessman Maksim Zaslavskiy for securities fraud in connection with two ICOs. In its September 2017 complaint, the SEC alleged that Zaslavskiys companies, RECoin Group Foundation LLC and DRC World Inc., sold digital tokens in a pair of ICOs that qualified as unregistered offerings of securities, and that Zaslavskiy made false or misleading representations and omissions in connection with both token sales. In October 2017, the DOJ filed a criminal complaint charging Zaslavskiy with securities fraud conspiracy for similar misconduct engaging in illegal, unregistered securities offerings and making material misstatements to deceive investors in connection with the ICOs. Zaslavskiy pled guilty to conspiring to commit securities fraud in November 2018 and, a year later, was sentenced to 18 months imprisonment for the crime.

The BitMEX prosecutions are the most recent example of the DOJs cross-agency collaborations. While neither the DOJ/CFTC have offered any detailed comments on their collaboration, both actions were announced on the same day, and the SDNY thanked the attorneys and investigators at the CFTC for offering their expertise in the development of this investigation in its press release.

Separately, the DOJ is also coordinating with foreign regulators, including through the Financial Action Task Force (FATF), an intergovernmental organization founded to promote effective implementation of legal, regulatory, and operational measures for combating money laundering and other threats to the international financial system. The US is a founding member of the FATF and, while holding the FATF presidency from July 2018 through June 2019, made it a priority to regulate [virtual asset service providers] for AML and combatting the financing of terrorism. The report also highlights several internationally coordinated enforcement actions targeting the use of digital assets in a wide range of criminal activity ranging from drug trafficking to child sexual exploitation.

C. Challenges to enforcement

Despite its successes, the DOJ acknowledges several significant crypto-related enforcement challenges, including:

Geography: The report claims that industry participants are engaging in jurisdictional arbitrage and deliberately operating from more lax jurisdictions. The DOJ describes the inconsistency in regulations as detrimental to the safety and stability of the international financial system and claims it has imped[ed] law enforcements ability to investigate, prosecute, and prevent criminal activity involving or facilitated by virtual assets. The BitMEX indictments address this point, accusing the defendants of taking affirmative steps purportedly designed to exempt BitMEX from application of US laws like AML and KYC requirements, noting that the company incorporate[d] in the Seychelles, a jurisdiction they believe had less stringent regulation.[3]

Anonymity: In addition to geographic hurdles, the DOJ must overcome the challenges posed by anonymity mechanisms baked into the technology. While some cryptocurrencies like Bitcoin have public blockchains and thus offer some level of transaction transparency, others operate on non-public or private blockchains, and their transactions are more opaque. Consider Monero, Zcash, and Dash cryptocurrencies described in the report as private coins or anonymity enhanced cryptocurrencies.

Obfuscation: There are a number of mechanisms for helping disguise and conceal cryptocurrency transactions, including mixing, tumbling, and chain hopping all of which make it more difficult to track and trace assets. Mixers and tumblers are entities intended to obfuscate the source or owner of particular units of cryptocurrency by commingling the cryptocurrency of several users prior to delivery of the units to their ultimate destination. The DOJ warns that companies offering mixing or tumbling services are engaged in money transmission, and therefore are MSBs subject to AML and similar requirements. As explained in the report: operators of these services can be criminally liable for money laundering because these mixers conceal or disguise the nature, the location, the source, the ownership, or the control of a financial transaction. Chain hopping is the practice of moving from one cryptocurrency to another, often in rapid succession, and is criticized by the DOJ as a potential way to obfuscate the trail of virtual currency by shifting the trail of transactions.

D. What comes next

The reports detailed presentation of laws and regulations applicable to digital assets, US government agencies with relevant enforcement capabilities, and representative cases initiated to date sends a strong message that the DOJ and its sister agencies remain very focused on preventing the use of digital assets and blockchain technology for criminal purposes. That focus and creativity of US law enforcement in pursing these cases will likely increase as cryptocurrency adaptation increases. In the meantime, it would be prudent to expect that the DOJ and other US regulators will continue to expand their efforts to combat crimes in this area, using the full array of available statutes, and will not shy away from hard and challenging matters, with the BitMEX prosecutions serving as important test cases.

An earlier version of this article appeared on Law360 on October 14, 2020.

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Unpacking the DOJ's cryptocurrency guidance: Enforcement priorities and industry implications - Lexology

Global Cryptocurrency Exchanges Market Expected To Reach xx.xx Mn By 2026: Binance, Coinbase, Poloniex, LocalBitcoins, BTCC etc. – Eurowire

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Global Cryptocurrency Exchanges Market Expected To Reach xx.xx Mn By 2026: Binance, Coinbase, Poloniex, LocalBitcoins, BTCC etc. - Eurowire

When 3 is greater than 5 – Chessbase News

10/18/2020 Star columnist Jon Speelman explores the exchange sacrifice. Speelman shares five illustrative examples to explain in which conditions giving up a rook for a minor piece is a good trade. As a general rule and in fact (almost all?) of the time you need other pieces on the board for an exchange sacrifice to work. | Pictured: Mikhail Tal and Tigran Petrosian following a post-mortem analysis at the 1961 European Team Championship in Oberhausen | Photo: Gerhard Hund

ChessBase 15 - Mega package

Find the right combination! ChessBase 15 program + new Mega Database 2020 with 8 million games and more than 80,000 master analyses. Plus ChessBase Magazine (DVD + magazine) and CB Premium membership for 1 year!

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[Note that Jon Speelman also looks at the content of the article in video format, here embedded at the end of the article.]

During the Norway tournament, I streamed commentarya couple of times myself at twitch.tv/jonspeelman, but mainly listened to the official commentaryby Vladimir Kramnik and Judit Polgar.

Both were very interesting, and Kramnik in particular has a chess aesthetic which I very much like. In his prime a powerhouse positional player with superb endgame technique, he started life much more tactically and his instinct is to sacrifice for the initiative whenever possible, especially the exchange: an approach which, after defence seemed to triumph under traditional chess engines, has been given a new lease of life by Alpha Zero.

So I thought today that Id look at some nice exchange sacrifices, but first a moment from Norway where I was actually a tad disappointed by a winning sacrifice.

At the end of a beautiful positional game, which has been annotated here in Game of the Week, Carlsen finished off with the powerful

42.Re8!

and after

42...Qxe8 43.Qh6+ Kg8 44.Qxg6+ Kh8 45.Nf6

Tari resigned

Of course, I would have played Re8 myself in a game if Id seen it, but I was hoping from an aesthetic perspective that Carlsen would complete this real masterclass and masterpiece with a nice zugzwang.

You start with c4 to prevent 42.f3 c4, creating some very slight confusion and then it goes:

42.c4 Kg8 43.f3

And for example: 43...Qd7 44.Qh6 Qe6 45.Kg3 fxe4 (45...Rg7 46.Nf6+ Kf7 47.Qh8 Qe7 48.Kg2) 46.dxe4 Rf4 47.Nxf4 exf4+ 48.Kxf4 Qf7+ 49.Kg3 Qg7 50.Qxg7+ Kxg7 51.Rxf8

Black can also try43...Rh7

and here after 44.Rxf8+ Kg7

as the engine pointed out to me, its best to use the Re8 trick:

45.Qxh7+! (45.Rf6 is much messier) 45...Kxh7 46.Re8!

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The ChessBase Mega Database 2020 is the premiere chess database with over eight million games from 1560 to 2019 in high quality. Packing more than 85,000 annotated games, Mega 2020 contains the worlds largest collection of high-class analysed games. Train like a pro! Prepare for your opponents with ChessBase and the Mega Database 2020. Let grandmasters explain how to best handle your favorite variations, improve your repertoire and much more.

The black queen is trapped.

For todays examples I used my memory and the ChessBase search mask when I couldnt track down a game exactly. For instance,for the first one byBotvinnik [pictured], I set him as Black with 0-1, disabled ignoring colours, and put Rd4 e5 c5 on the board which turned out to identify the single game I wanted a hole in 1!I also asked my stream on Thursday for any examples, and one of my stalwarts, a Scottish Frenchman, found me Reshevsky v Petrosian (I couldnt remember offhand who Petrosians opponent was) and drew my attention to the beautiful double exchange sacrifice by Erwin L'Ami from Wijk aan Zee B.

Before the games themselves, which are in chronological order,it might be worthwhile to consider what makes an exchange sacrifice successful. Whole books have been written on this and Im certainly not going to be able to go into serious detail. But a couple of points:

The need for extra pieces applies particularly to endgames. For instance,this diagram should definitely be lost for Black:

Its far from trivial, but as a general schema the white king should be able to advance right into Blacks guts and then White can do things with his pawns. Something like get Ke7 and Rf6, then g4 exchanging pawns if Black has played ...h5. Play f5, move the rook, play f6+, and arrange to play Rxf7.

But if you add a pair of rooks then it becomes enormously difficult. And indeed I really dont know whether God would beat God.

Select an entry from the list to switch between games

Master Class Vol.11: Vladimir Kramnik

This DVD allows you to learn from the example of one of the best players in the history of chess and from the explanations of the authors (Pelletier, Marin, Mller and Reeh) how to successfully organise your games strategically, consequently how to keep y

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When 3 is greater than 5 - Chessbase News

COVID-19 Is Driving The Uptake Of Chess — And Of Surveillance Tools To Stop Online Players Cheating – Techdirt

from the checking-the-checkmate dept

Techdirt has been noting some interesting tech trends arising out of the increasing number of people who work and study from home because of COVID-19. One that few of us saw coming is a greatly increased enthusiasm for playing chess. That would be a good thing, except that life is never simple, as the Guardian reports:

Chess has enjoyed a huge boom in internet play this year as in-person events have moved online and people stuck at home have sought new hobbies. But with that has come a significant new problem: a rise in the use of powerful chess calculators to cheat on a scale reminiscent of the scandals that have dogged cycling and athletics. One leading 'chess detective' said that the pandemic was "without doubt creating a crisis".

When life moves from in-person to online, there is a loss of many subtle aspects that arise from being in the presence of other people. Back in May we wrote about a problem in the field of education, where some have concerns that students might be cheating when taking exams online, since there is no invigilator around to check on them. This has led to the rise of remote proctoring services that aim to cast a beady virtual eye over students who are sitting exams. According to the Guardian, similar ideas are starting to enter the world of chess:

At the heart of the problem are programmes or apps that can rapidly calculate near-perfect moves in any situation. To counter these engines, players in more and more top matches must agree to be recorded by multiple cameras, be available on Zoom or WhatsApp at any time, and grant remote access to their computers. They may not be allowed to leave their screens, even for toilet breaks.

Other approaches include tracking the movements of players' eyes, to see if they are looking away with suspicious frequency, and algorithms that are claiming to be able to spot "deviation from the proclivities of an honest human player". The fact that the once-staid world of chess is resorting to these kinds of advanced surveillance techniques is a further indication of the extent to which COVID-19 is changing the world, and deepening digital technology's impact on our lives.

Follow me @glynmoody on Twitter, Diaspora, or Mastodon.

Thank you for reading this Techdirt post. With so many things competing for everyones attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites especially a site like ours that is unwilling to pull punches in its reporting and analysis.

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Filed Under: chess, covid, games, surveillance

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COVID-19 Is Driving The Uptake Of Chess -- And Of Surveillance Tools To Stop Online Players Cheating - Techdirt

Chess’s cheating crisis: ‘paranoia has become the culture’ – The Guardian

In one chess tournament, five of the top six were disqualified for cheating. In another, the doting parents of 10-year-old competitors furiously rejected evidence that their darlings were playing at the level of the world No 1. And in a third, an Armenian grandmaster booted out for suspicious play accused his opponent of doing pipi in his Pampers.

These incidents may sound extreme but they are not isolated and they have all taken place online since the start of the coronavirus pandemic.

Chess has enjoyed a huge boom in internet play this year as in-person events have moved online and people stuck at home have sought new hobbies. But with that has come a significant new problem: a rise in the use of powerful chess calculators to cheat on a scale reminiscent of the scandals that have dogged cycling and athletics. One leading chess detective said that the pandemic was without doubt creating a crisis.

The problems are not confined to chess, with similar issues reported in poker, bridge and even backgammon, but they are perhaps most disruptive for a game with a reputation for gravitas and class.

The pandemic has brought me as much work in a single day as I have had in a year previously, said Prof Kenneth Regan, an international chess master and computer scientist whose model is relied on by the sports governing body, Fide, to detect suspicious patterns of play. It has ruined my sabbatical.

Fides general director, Emil Sutovsky, described it as a huge topic I work on dozens of hours each week, and its president, Arkady Dvorkovich, said computer doping was a real plague.

At the heart of the problem are programs or apps that can rapidly calculate near-perfect moves in any situation. To counter these engines, players in more and more top matches must agree to be recorded by multiple cameras, be available on Zoom or WhatsApp at any time, and grant remote access to their computers. They may not be allowed to leave their screens, even for toilet breaks. In some cases they must have a proctor or invigilator search their room and then sit with them throughout a match.

Sutovsky has also suggested eye-tracking programs may be a way to raise a red flag if a player appears to be looking away with suspicious frequency.

Chess.com, the worlds biggest site for online play, said it had seen 12 million new users this year, against 6.5 million last year. The cheating rate has jumped from between 5,000 and 6,000 players banned each month last year to a high of almost 17,000 in August.

Gerard Le-Marechal, the head of the sites fair play team, said he had brought in three new members of staff to deal with the problem. I think its to do with people being cooped up. Its just so easy to do, so alluring, and its without doubt creating a crisis.

The growth in cheating and a corresponding explosion in social media discussion of the problem has created a new atmosphere of suspicion and recrimination. Paranoia has become the culture, said Le-Marechal, whom a friend declared the cyber chess detective when he got the job. There is this very romantic vision of the game which is being scuppered.

While chess.com is reluctant to reveal details of its system, Regan describes his as a model that detects cheating as the deviation from the proclivities of an honest human player. With enough evidence, such models produce a high level of confidence that a given player could not possibly have played a particular set of moves unaided.

The most prominent of the recent disqualifications came in the PRO Chess League when the St Louis Arch Bishops, a team made up of top American players, lost in the final to the underdog Armenia Eagles.

The Eagles victory rested on the performance of Tigran Petrosian, an Armenian grandmaster and the world No 260, who stunned commentators with his victory over Fabiano Caruana, ranked second in the world.

Petrosian attributed his play to the gin he sipped during the game. But suspicious observers suggested he seemed to be glancing away from his screen frequently, and chess.com later overturned the teams wins and banned him for life.

Petrosian later called the claims idiotic, invented allegations. He posted a lengthy rant addressed to another opponent, the world No 8 Wesley So: You are a biggest looser [sic] I ever seen in my life! You was doing PiPi in your pampers when I was beating players much more stronger than you! you are like a girl crying after I beat you!

So, for his part, told the Guardian in an email that he felt sorry for Petrosian. Perhaps thinking of Lance Armstrong, he added: I was a big fan of a certain cyclist and a part of me understands the pressure to succeed at all costs. At the same time I feel pain for other competitors ... Who will restore what was taken from them?

Conrad Schormann, who has covered the cheating crisis as news editor of chesstech.org, notes that Petrosian did not appear to get help on every move, making the suspicious behaviour even harder to spot. In his games there were abnormalities, sequences that he played godlike, but there were blunders as well, he said.

Such controversies have been replicated even in the lower-stakes world of junior play. Sarah Longson, a former British ladies champion who runs the Delancey UK Schools Chess Challenge, said at least 100 of 2,000 online participants cheated.

The cheating was blatant, she said, with mediocre preteens at the level of the world champion, Magnus Carlsen. But only three of them admitted it, which is pretty disgusting. After realising the night before the final that the top three qualifiers had all been cheating, she said, we stayed up til 3am deciding what to do and nearly cancelled altogether.

Its the children from the private schools, sadly, she said. When I ring their parents they just get angry with me. Theyre under such pressure to succeed.

Without a significant culture change, most say, the cheats are unlikely to go straight. Regan is realistic but determined. If you cheat on a single move I will disclaim any ability to catch you, he said. You can fly under the radar. But if you keep going at the same rate, you will come into the radar in the end.

See the rest here:

Chess's cheating crisis: 'paranoia has become the culture' - The Guardian

Google searches help infectious disease experts track the spread of coronavirus – My London

Coronavirus has made many people across the country feel powerless, with lives restricted and rules preventing individuals doing the things they love.

After the Government's recent announcement that England would be placed under a coronavirus three tier alert system, it would not be wrong for people to start questioning how these crucial decisions are being made.

London was placed in Tier 1, 'medium risk', but the Mayor of London Sadiq Khan has already hinted that London is just days away from entering the 'high risk' Tier 2 level in which meeting people from other households indoors would be banned.

One of Pubic Health Englands (PHE) roles is to ensure that it has the right information available to make informed decisions and put strategies in action.

For more news and features about London directly to your inbox sign up to our newsletter here .

To help understand the spread of Covid-19, PHE uses a wide variety of real-time data at both local and national level.

Data to establish coronavirus prevalence in the community and which demographics are being affected is gathered from a wide range of sources, such as GPs, hospitals or even Google searches.

In a recent blog from PHE it said: "Surveillance systems are chosen so they can be measured regularly and consistently. No single piece of data tells the whole story of any outbreak, nor can any system provide a definitive figure for exactly how many people could have Covid-19 as many will have a mild illness and never report it to the health services.

"By bringing together a wide range of data we can make well informed judgements about emerging trends, geographical variations and the groups of people most affected."

Here are the different ways that PHE build its understanding of coronavirus in London and England:

Across the country teams of experts and scientists in infectious disease outbreaks are on the lookout for outbreaks in venues like schools or care homes.

The information gathered is used to build an understanding of the pandemic movement and initiate responses both locally and nationally.

Internet-based surveillance also tracks the volumes of people searching for typical symptoms of coronavirus on search engines like Google, and PHE look for evidence that numbers of these searches are increasing above normallevels.

PHE also use an online FluSurvey which is completed by members of the public and tracks self-reported respiratory symptoms.

The tool has been adapted to monitor community prevalence and the amount of symptoms related to Covid-19.

GPs across the country submit data to PHE regarding coronavirus in the community.

PHE monitors the daily number of GP consultations where patients have presented a range of respiratory symptoms including Covid-19 cases.

Around 4500 GP surgeries are submitting data daily with out of hour contact also being recorded and analysed.

Cases in hospitals are also monitored by PHE to help build a picture of the prevalence of coronavirus in the country.

The Emergency Department Syndromic Surveillance System monitors the number of daily visits (from people suffering with respiratory illnesses) to a network of around 70 emergency departments across England.

Another system called the Covid-19 Hospitalisation in England Surveillance System, or CHESS, was set up specifically for surveillance purposes and is used to help estimate the daily rate of new hospital admissions for people with coronavirus.

PHE also use a laboratory surveillance tool for monitoring major respiratory viruses circulating in England.

Samples from laboratories based in all parts of the country are analysed to gather the percentage of tests that are positive for Covid-19.

Changes in the proportion of tests that are positive are an early indicator of changes in the number of infections.

Information on the number of people who have been hospitalised with confirmed Covid-19 in England and subsequently died is recorded along with as monitoring any abnormal increases in other causes of deaths that may be linked to the pandemic.

PHE also looks at confirmed cases of Covid-19 across the world including the overall number of deaths.

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Google searches help infectious disease experts track the spread of coronavirus - My London

Choi elected to National Academy of Medicine | Cornell Chronicle – Cornell Chronicle

Dr. Augustine M.K. Choi, the Stephen and Suzanne Weiss Dean of Weill Cornell Medicine and provost for medical affairs of Cornell University, has been elected to the National Academy of Medicine, one of the highest honors in the fields of health and medicine.

The academy recognizes individuals who have demonstrated outstanding professional achievement and commitment to service.Choi is among 100 new members elected to the body in 2020, announced Oct. 19 in conjunction with NAMs annual meeting.

I am deeply honored to be elected by my peers to the National Academy of Medicine and to join the ranks of such a distinguished group of physicians and scientists, Choi said. The academys recognition of my research is truly humbling, and I would like to thank my colleagues and my mentees whose collective efforts have advanced the field of pulmonology. Im also grateful for the academys recognition of my commitment to elevating diversity, equity and mentorship in academic medicine. I look forward to continuing this work and sharing my expertise and service with NAM.

Dr. Choi is an exceptionally talented physician, scientist and leader whose contributions to pulmonary and critical care medicine have made a lasting impact on the fields of medicine and science, said Martha E. Pollack, president of Cornell University. I congratulate Dr. Choi on his election to the National Academy of Medicine.

Established in 1970, the National Academy of Medicine is an independent organization that works to address critical issues in health, science, medicine and related policy, and is part of the larger National Academies of Sciences, Engineering and Medicine (NASEM). New members are elected annually by current members. NAM now counts more than 2,300 active members around the world. As part of their election, new members commit to volunteer their service in NASEM activities.

An international authority in pulmonary and critical care medicine, Choi has pioneered research involving the use of gaseous carbon monoxide to treat human diseases, including sepsis and pulmonary fibrosis, as well as non-pulmonary diseases.

In addition to more than 375 publications and multiple National Institutes of Health grants, Choi has received numerous honors and awards. These include the Ho-Am Prize in Medicine, often referred to as the Korean equivalent of the Nobel Prize, and the 2015 J. Burns Amberson Lecture, which recognizes a career of major lifetime contributions to pulmonary research. He is a member of the American Society of Clinical Investigation and the Association of American Physicians.

A renowned leader in academic medicine, Choi has elevated diversity and mentorship to pillars of Weill Cornell Medicines mission, alongside patient care, research and education. Choi has launched several programs and initiatives to foster a culture of diversity and inclusion in medicine, which include establishing the Office of Diversity and Inclusion, the Office of Institutional Equity, and Diversity Week, an annual event that showcases cutting-edge research and initiatives focused on enhancing diversity and reducing healthcare disparities at Weill Cornell Medicine and nationwide.

Choi has also built a strong culture of mentorship through initiatives like the institution-wide Mentoring Academy, a JumpStart program to provide financial support and mentorship to early-career scientists, and an annual faculty award to recognize excellence in mentoring.

Choi is an enthusiastic champion of advancing equity in health care and supporting aspiring doctors and scientists mental health and well-being. In 2019, he spearheaded an expansion of Weill Cornell Medicines scholarship program to offer debt-free medical education for all students who qualify for financial aid. Choi also conceptualized and hosted the inaugural National Conference on Medical Student Mental Health and Well-Being, believed to be the first comprehensive, multidisciplinary forum to examine the mental health needs of medical students.

Choi received his bachelors degree in 1980 from the University of Kentucky and his medical degree in 1984 from the University of Louisville. He completed his internship and residency in internal medicine at Duke University and a fellowship in pulmonary and critical care medicine at Johns Hopkins Medicine.

Recruited to Weill Cornell Medicine in 2013, Dr. Choi served as the Sanford I. Weill Chairman and professor of medicine in the Joan and Sanford I. Weill Department of Medicine and as physician-in-chief at NewYork-Presbyterian/Weill Cornell Medical Center until his appointment as dean in 2017.

Elaine Meyer is a freelance writer for Weill Cornell Medicine.

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Choi elected to National Academy of Medicine | Cornell Chronicle - Cornell Chronicle