Daily Archives: February 27, 2020

Out of this world: Should sex technology be launched into space? – The Independent

Posted: February 27, 2020 at 1:35 am

The 2018 movie A.I. Rising explores how machines could fulfil desires and support humans during space travel. Lo and behold, it might contain the solution to problems related to space exploration. Astronauts, despite their rigorous training, remain humans with needs. For space exploration and colonisation to succeed, we need to overcome taboos, consider human needs and desires and provide concrete, realistic solutions based on science rather than conventional morality.

Can humans thrive for prolonged periods of time in small groups and in closed, isolated environments? Can humans contend with limited possibilities of relationships, intimacy and sexuality? Sex tech might have the answer. As researchers exploring human-machine erotic interactions, we are interested in their implications and potential applications for human wellbeing even beyond our home planet.

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Space exploration and colonisation is one of humanitys greatest endeavours, but it comes with challenges. One of them is to make the space journey human-compatible, that is, physically and psychologically viable. Given that intimacy and sexuality are basic needs, they become central issues for human-space compatibility.

How will humans have sex in space? Can we propagate the species beyond Earth? What will intimate relationships look like aboard spaceships and settlements? As of now, Nasa and other space agencies have denied that any sexual activity has ever occurred during a space mission. Either sex in space hasnt happened, or no one is talking about it. Nonetheless, imminent prolonged human missions to the moon and Mars raise concerns regarding the future of intimacy and sexuality in space.

Mystic Mountain, a pillar of gas and dust standing at three-light-years tall, bursting with jets of gas flom fledgling stars buried within, was captured by Nasa's Hubble Space Telelscope in February 2010

Nasa/ESA/STScI

The first ever selfie taken on an alien planet, captured by Nasa's Curiosity Rover in the early days of its mission to explore Mars in 2012

Nasa/JPL-Caltech/MSSS

Death of a star: This image from Nasa's Chandra X-ray telescope shows the supernova of Tycho, a star in our Milky Way galaxy

Nasa

Arrokoth, the most distant object ever explored, pictured here on 1 January 2019 by a camera on Nasa's New Horizons spaceraft at a distance of 4.1 billion miles from Earth

Getty

An image of the Large Magellanic Cloud galaxy seen in infrared light by the Herschel Space Observatory in January 2012. Regions of space such as this are where new stars are born from a mixture of elements and cosmic dust

Nasa

The first ever image of a black hole, captured by the Event Horizon telescope, as part of a global collaboration involving Nasa, and released on 10 April 2019. The image reveals the black hole at the centre of Messier 87, a massive galaxy in the nearby Virgo galaxy cluster. This black hole resides about 54 million light-years from Earth

Getty

Pluto, as pictured by Nasa's New Horizons spacecraft as it flew over the dwarf planet for the first time ever in July 2015

Nasa/APL/SwRI

A coronal mass ejection as seen by the Chandra Observatory in 2019. This is the first time that Chandra has detected this phenomenon from a star other than the Sun

Nasa

Dark, narrow, 100 meter-long streaks running downhill on the surface Mars were believed to be evidence of contemporary flowing water. It has since been suggested that they may instead be formed by flowing sand

Nasa/JPL/University of Arizona

Morning Aurora: Nasa astronaut Scott Kelly captured this photograph of the green lights of the aurora from the International Space Station in October 2015

Nasa/Scott Kelly

Mystic Mountain, a pillar of gas and dust standing at three-light-years tall, bursting with jets of gas flom fledgling stars buried within, was captured by Nasa's Hubble Space Telelscope in February 2010

Nasa/ESA/STScI

The first ever selfie taken on an alien planet, captured by Nasa's Curiosity Rover in the early days of its mission to explore Mars in 2012

Nasa/JPL-Caltech/MSSS

Death of a star: This image from Nasa's Chandra X-ray telescope shows the supernova of Tycho, a star in our Milky Way galaxy

Nasa

Arrokoth, the most distant object ever explored, pictured here on 1 January 2019 by a camera on Nasa's New Horizons spaceraft at a distance of 4.1 billion miles from Earth

Getty

An image of the Large Magellanic Cloud galaxy seen in infrared light by the Herschel Space Observatory in January 2012. Regions of space such as this are where new stars are born from a mixture of elements and cosmic dust

Nasa

The first ever image of a black hole, captured by the Event Horizon telescope, as part of a global collaboration involving Nasa, and released on 10 April 2019. The image reveals the black hole at the centre of Messier 87, a massive galaxy in the nearby Virgo galaxy cluster. This black hole resides about 54 million light-years from Earth

Getty

Pluto, as pictured by Nasa's New Horizons spacecraft as it flew over the dwarf planet for the first time ever in July 2015

Nasa/APL/SwRI

A coronal mass ejection as seen by the Chandra Observatory in 2019. This is the first time that Chandra has detected this phenomenon from a star other than the Sun

Nasa

Dark, narrow, 100 meter-long streaks running downhill on the surface Mars were believed to be evidence of contemporary flowing water. It has since been suggested that they may instead be formed by flowing sand

Nasa/JPL/University of Arizona

Morning Aurora: Nasa astronaut Scott Kelly captured this photograph of the green lights of the aurora from the International Space Station in October 2015

Nasa/Scott Kelly

One important concern is that space exploration and colonisation will limit peoples opportunities for relationships, intimacy and sexuality for long periods of time. In the very near future, human missions will only include small crews and settlements. Fewer people mean fewer opportunities for intimacy making it difficult to find partners to connect with and potentially increasing tension between crew members. For instance, it might be difficult to find partners that fit our personality, preferences and sexual orientation. And when a relationship ends, people are stuck on a ship with an ex-partner possibly impairing a crews mood and the teamwork necessary to survive in dangerous environments.

While some people might be able to withstand a policy of total abstinence, it might be detrimental to the physical and mental health of others especially as larger groups venture into space. Yet Nasa seems afraid of tackling issues of intimacy and sexuality in space. In 2008, Bill Jeffs, spokesperson for Nasas Johnson Space Center in Houston, said: We dont study sexuality in space, and we dont have any studies ongoing with that. If thats your specific topic, theres nothing to discuss.

Might human-machine sex be a step too far in our relationship with technology? (Getty)

Given what we know about human sexuality, this position seems irresponsible. It prevents research from examining basic questions about sexual health and wellbeing in space. For instance, how do we deal with hygiene and the messiness of human sex in zero gravity? How will we maintain a crews psychological wellbeing if people must endure long periods lacking in erotic stimulation and affection? Is imposed abstinence a reasonable solution, based on empirical evidence?

One solution could be to make erotic technologies available to crews and settlers in space. This could include sex toys any object used for sexual enhancement or stimulation which could be used for sexual pleasure and gratification. But sex toys do not address the social dimensions of human erotic needs. This is where erobots come in.

The term erobots characterises all virtual, embodied and augmented artificial erotic agents and the technologies that produce them. Examples include sex robots, erotic chatbots and virtual or augmented partners. Erobotics is the emerging transdisciplinary research studying human-erobots interactions and related phenomena. Unlike previous technologies, erobots offer the opportunity of intimate relations with artificial agents tailored to the needs of their users. Erobotic technologies polarise public and academic discourses: some denounce them as promoting harmful norms, while others defend their potential benefits and health, education and research applications.

Erobots represent a practical solution to tackle the inhuman conditions of space exploration and colonisation. Moreover, erobotics could enable us to approach questions of intimacy and sexuality in space from scientific, relational and technological perspectives. Erobots could provide companionship and sexual pleasure to crew members and settlers. Beyond the capabilities of sex toys, erobots can incorporate social dimensions into erotic experiences. They could help with loneliness and the inevitable anxieties borne out of solitude. They could act as surrogate romantic partners, provide sexual outlets and reduce risks associated with human sex.

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Erobots could also provide intimacy and emotional support. And finally, erobots sensors and interactive capabilities could help monitor astronauts physiological and psychological health acting as a complement to daily medical exams. Erobots can take many forms and be made of light material. They can manifest through virtual or augmented reality and be combined with sex toys to provide interactive and immersive erotic experiences. The same technology could also be employed to enact erotic experiences with loved ones back on Earth.

To harness erotic technologys potential for human space missions, we must build collaborations between academia, governmental space programs and the private sector. Erobotics can contribute to space research programs. As a field grounded in sexuality and technology positive frameworks, it recognises the importance of intimacy and sexuality in human life and promotes the development of technology geared towards health and wellbeing. And ultimately, we must shed our taboos regarding technology and sexuality as we journey to the final frontier.

Simon Dubeis aPhD candidate in psychology atConcordia University and Dave Anctil is a researcher atUniversite Laval. This article was first seen on The Conversation

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The government’s sudden passion for climate technology is newfound and insincere – The Guardian

Posted: at 1:35 am

If youre committed to the Paris agreement to keep the increase in global average temperature to well below two degrees above pre-industrial levels, and pursue efforts to limit the increase to 1.5 degrees then at a minimum, logically, scientifically, youre committed to net-zero carbon emissions by 2050.

So far, at least 77 countries have committed to the target, as has every state and territory in Australia. The fact that prime minister Scott Morrison is pushing back hard against the calls for such a target sends yet another strong signal that his government still denies the need to tackle climate change.

Sensing it must be seen to do something, but committed to doing nothing substantive, the government is arguing that investing in technology is the superior pathway to to to what? Are billions of dollars of public funds about to be allocated to a strategy that delivers on an unspoken goal?

This passion for technology is newfound and insincere. In truth, our government has a long history of undermining climate technologies.

In the three years to 2016, the government ripped just shy of $1bn from the Australian Renewable Energy Agency (Arena), the body charged with helping early stage technologies through to commercial launch.

The funding of a feasibility study for a coal power station in Collinsville and the foreshadowed gift of $11m to extend the life of the 42 years old Vales Point coal power station in the Hunter, demonstrate just how reluctant the Coalition is to let go of last centurys energy technologies.

One of the most promising and critical new technologies is the rapid maturation of the electric vehicle, but who can forget the governments pushback against EVs during last years election?

Last November I visited the Leilac zero carbon cement project Belgium an exciting project given that cement is responsible for 7% of global emissions, more than twice as much as aviation. The new process captures most of the carbon dioxide thats ordinarily released to the atmosphere during cement manufacture. The technology, which can be powered by renewable energy, was developed in Bacchus Marsh, Victoria and was lured to Europe on the back of a 12 million grant and a price on carbon.

In the alternate universe where Arena and our carbon price werent smashed by ideological attacks, that world-changing technology would be proudly Australian made.

While theres plenty of valuable research and development in our future, especially for the difficult to decarbonise sectors of cement, steel and aviation, the truth is that we already have the technology to deal with around 70% of global emissions.

The pathway is simple electrify everything and swap fossil fuels for renewables. These technologies have come down in cost not because of boffins in laboratory coats, but because of innovation born of sustained deployment and ruthless competition.

Mike and Annie Cannon-Brookes Resilient Energy Collective is a case study for how far weve come. In just a handful of weeks the group has put together an emergency power product for restoring power to bushfire affected communities. The solar-powered, battery-backed system can be installed in a single day, and will be rolled out to 100 communities in as many days. The energy supply companies partnering in the project are stunned that the infrastructure is being rolled out in hours not months. Community members are amazed that theyre using solar power at night.

Likewise, Aemo, our grid operator, has just released a blueprint for reducing electricity sector emissions by 85%, using existing technologies and without compromising reliability. Industry is champing at the bit to implement such a plan they just need a minister who believes in the end goal and is committed to resolving the roadblocks.

In reality, the call for technology before action is a specious distraction designed to paper over the plan to take no action. The greatest proponent of the frame is Danish political scientist Bjorn Lomborg, one of a small cadre of almost respectable climate obfuscationists.

In the lead up to the Copenhagen climate conference in 2009, Lomborg handpicked a panel of ancient Nobel laureates to rank 16 climate solutions. The four proposed carbon tax schemes were ranked dead last, and the top three projects deemed worthy of consideration were marine cloud whitening, energy research and development and stratospheric aerosol insertion.

The top-ranked solution would involve a global fleet of 1,900 unmanned ships spraying sea water mist into the air to thicken clouds and reflect the suns rays back into space. The third solution involves fleets of planes spraying sulphur dioxide into the sky. The chemical would mimic the effects of volcanoes reacting with water to form a hazy layer spread around the globe scattering and absorbing incoming sunlight.

The first three years of the Coalition government focussed on tearing down climate policy. The next three used endless reviews that came to nothing as intended.

In July 2014, Tony Abbott finally made good on his promise to dismantle Australias carbon price mechanism, our most effective and efficient climate policy. In doing so, not only did he throw away the best tool we had, he cheated Australian farmers out of earning billions from exporting carbon credits to Europe.

In 2015, Abbott managed to slash the renewable energy target assisted in the background by Angus Taylor, the man now charged with reducing emissions cutting future activity under the target by 40%.

The only half decent action has been the emissions reduction fund, called a fig leaf of a policy by the partys once and future leader Malcolm Turnbull in 2009, whereby taxpayers, not polluters, buy carbon offsets. To date, the ERF has bought just 50m offsets, which doesnt even cover the increase in emissions from just the LNG sector during the last 5 years.

Now the government is talking about a technology investment target, whatever that means. Will we be subjected to another barrage of lies that some magical technology exists to cut coal emissions? Remember CCS and HELE? Hopefully by now we all now know that clean coal is as real as healthy cigarettes.

If Scott Morrison is genuine about climate action, then sure, he should start by restoring the billion dollars ripped out of Arena. In fact, lets give them a few hundred million a year to help Australian ideas reach their potential and give us a whole new export sector to replace the inevitable decline in coal exports. We have the resources, people and smarts to position Australia for great success in a carbon-constrained global economy.

At this point, the roadblocks to effective and affordable action are social and political, not technological.

So here we are again. Another strategy to kick the can down the road. The Finkel review bought the government a year of doing nothing in 2017, as did the national energy guarantee in 2018. The hollow climate solutions package helped the government escape scrutiny in 2019, however the Black Summer and the approaching Novembers COP26 conference in Glasgow where countries are expected to lift their commitments in the direction of the Paris agreements goals leave the government with nowhere to hide.

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The Fashion Institute Of Technology Put Two Top Officials On Leave Over A Runway Show People Are Calling Racist – BuzzFeed News

Posted: at 1:35 am

A New York City fashion institute placed two school officials on administrative leave Friday following a fashion show featuring "racist references" that led to backlash from models and students.

The runway show, put on during a New York Fashion Week showcase for graduating students of the Fashion Institute of Technology's MFA program, included "large prosthetic ears and lips and bushy eyebrows," the school said in a statement addressing the incident.

In addition to students who protested the prosthetics, model Amy LeFevre, who is black, told NBC News that she "almost broke down in tears" when she found out she was supposed to wear them during the show and said she felt "pressured" by those in charge.

She said she told the runway show's organizers that the prosthetics called back to offensive caricatures of black people.

LeFevre said FIT students "did come to support me, realizing how inappropriate [the accessories] were," but said that they were yelled at to move away from her.

LeFevre eventually ended up walking the runway without the accessories.

FIT president Joyce Brown said in the school's latest statement that she would be sending LeFevre and the other models who participated in the show letters of apology. Requests for comment from LeFevre were not immediately returned Saturday.

The collection was designed by FIT alum Junkai Huang. However, Brown said in the statement that Huang's collection "was not aimed at invoking or provoking racial implications" and noted that "it also appears based upon information available that the styling and accessorizing used in the show were provided to him rather than chosen at his discretion."

"To us, this indicates that those in charge of and responsible for overseeing the show failed to recognize or anticipate the racist references and cultural insensitivities that were obvious to almost everybody else," Brown said.

It was not clear who provided Huang with those accessories. Requests for comment from both Huang and FIT were not immediately returned Saturday.

FIT said that the school has also commissioned law firm Bond, Schoeneck & King to investigate the incident. Both Mary Davis, dean of the School of Graduate Studies, and Jonathan Kyle Farmer, chair of the MFA Fashion Design Department, have been placed on administrative leave pending the investigation's conclusion.

In an Instagram post, Farmer apologized to LeFevre and took "full responsibility" for the accessories, NBC News reported.

"I deeply apologize for any harm and pain I've caused to those involved with the show, including Amy LeFevre," he wrote. "It was never our intent for the show's styling to be interpreted as racist or to make people feel uncomfortable but I now fully understand why this happened. I take full responsibility and am committed to learning from this situation and taking steps to do better."

Farmer's Instagram account is now private.

The fashion industry has been no stranger to designs invoking racist tropes in recent years. In 2018, Prada was criticized for a window display featuring figurines in what many said was blackface, and agreed to racial equality training for its employees in New York City moving forward. Gucci has also apologized for clothing featuring blackface imagery, and Burberry announced new diversity initiatives after it included a "noose hoodie" in a 2019 fashion show.

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AI-Based Action Recognition Technology Reaps Rewards – IndustryWeek

Posted: at 1:35 am

Mobility supplier DENSO is working withDrishti Technologies, Inc. to help optimize manufacturing production within its North American facilities. Drishtis AI-enabled action recognition technology allows DENSO to generate real-time, continuous analytics on manual tasks performed by its production employees. This dataset grants production management the ability to quickly identify and eliminate bottlenecks, improve processes, boost efficiency and prioritize tasks.

Action recognition technology provides real-time insights into our fundamental and human-driven production tasks: managing cycle-time variance; identifying bottlenecks in the process; ensuring that employees perform standard work every cycle; and pace setting, Raja Shembekar, vice president of DENSO North American Production Innovation Center tells IndustryWeek. DENSO then leverages the insights from each area to find problems and successes to make improvements, resulting in better quality and efficiency.

Although manufacturing automation in advanced economies like the U.S. and Japan continues to increase, it is still expected to perform less than 25% of manufacturing tasks by 2025 (Boston Consulting Group, 2015), explains Shembekar.

This means humans will execute a significant portion of manufacturing operations for years to come. With AI (neural networks) and action recognition technology, we are now able to, for the first time, get analytical and quantitative insights into the performance of manual operations, in real-time and continuously, he says. As a result, DENSO can dramatically increase the speed at which it implements Kaizen or continuous improvement, principles.

These capabilities increase production outputs, improve product quality and consistency, and assist production employees in their day-to-day assignments, helping them identify how they and their teams can better streamline processes. The move is part of DENSOsLong-Term Policy2030to create and inspire new value for advanced mobility using disruptive technology. It also marks one of the first times DENSO has integrated AI into its production processes.

Understanding opportunities

As Drishti discovered injoint researchwith A.T. Kearney, human line employees perform 72% of factory tasks. This data, from a survey of more than 100 manufacturing leaders, suggests that even as the industry increasingly focuses on robotics and Industrial Internet of Things (IIoT), people and their ingenuity remain central to manufacturing.

True digital transformation efforts have to extend to the human operator, because the bulk of manufacturing tasks are still done manually, said Prasad Akella, founder and chief executive officer of Drishti. DENSO recognized that fact well ahead of the rest of the market, and our technology is helping the company secure its position as an innovation leader in the advanced automotive manufacturing industry.

According to Shembekar, the potential DENSO now sees to achieve significant process gains while simultaneously helping our workforce add greater value is precisely why it is so committed to exploring and implementing innovation with leading-edge startups like Drishti.

"Digitizing highly variable human motion continuously and in real time provides analytics insight that can significantly improve productivity, efficiency, and quality, as well as how we approach employee training," said Jon Ruge, a director of DENSO Industrial Engineering.

Overcoming obstacles

As with any change, implementing this technology has its share of challenges. According to Shembekar, the first challenge is to get buy-in from the line worker whose action is being recorded. We do this by explaining the technology and its purpose to them so they can clearly understand the benefit it provides them, and not just to management, he says. Its especially important that we emphasize this is a supplemental technology, one that helps employees and their teams do their jobs better and smarter, rather than replace them.

Secondly, it is vital that the action recognition technologys accuracy is very high (> 99%), so that the analytics it provides are credible. If the accuracy were low, employees would disregard it very quickly, says Shembekar. Also, the speed of the action recognition technology has to match the actual speed of production, so that there is no data lag. If there were a lag, it would have adverse impacts on productivity rather than improve it.

Finally, the cost of such technology should be at such a price point that it provides a reasonable benefit year over year. In other words, the benefit of human-driven production and the technology should be larger than if the process were automated, he says.

Bottom line

As DENSO continues to transform into a true digital operation, having data on manual tasks fills a major gap in our analytics, says Dave Grimmer, a senior vice president at DENSO and head of its North American Production Innovation Center. Drishtis continuous data creation offers productivity insights and quality metrics that help us make better decisions, faster.

Drishtis technology produces datasets that are several orders of magnitude larger than those produced by traditional time and motion studies. Drishti-produced datasets are also more diverse and enriched by video. The benefits of these massive datasets extend beyond the production floor to DENSOs leadership and engineers, who, like production teams, use Drishtis technology to gather production feedback and make data-driven decisions on design and organizational management.

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Cryptocurrency in Focus: Ethereum Is on Fire – TheStreet

Posted: at 1:33 am

Leading cryptocurrency project Ethereum has seen its fundamentals on the rise lately, as decentralized finance crosses the $1-billion mark this month. That's big news for the project, because Ethereum's native currency, Ether, accounts for about 70% of that total.

In addition, the project is gainingmomentum around its ETH 2.0initiativeand it could get a boost from a major move bythe big U.S. bankJPMorganChase(JPM) - Get Report, which plans to merge its Quorum blockchain with ConsenSys -- a development studio founded by Ethereum co-founder, Joe Lubin. The bank built its private blockchain using the Ethereum network, and if successful, the merger could lead to more investment in the Ethereum ecosystem.

Considered the pioneer for blockchain-based smart contracts, Ethereum also continues to gain prominence as19 out of the top 20 decentralized finance projects were built on its blockchain.

Smart contracts are computer programs that automatically execute when specific conditions are met. Running them on a blockchain removes any possibility of downtime or third-party interference, making them extremely useful for exchanging money, content, property, shares, or anything of value.

ETH is Ethereums native currency, used as "gas" to pay for network transactions. It currently boasts a market cap of just under $30 billion, with a 24h trade volume of $19.77 billion.

The Ethereum platform currently processes transactions in a similar way to Bitcoin. But massive development efforts are underway on Ethereum 2.0, to switch over from its proof-of-work to a proof-of-stake network capable of greater scale. The need for scalability is key as the number of transactions, and subsequent gas prices, continue to rise on the platform.

Ethereum fundamentals have been increasing since the beginning of 2020, up 22-points (2.38%) since January 1st. Our data shows this was driven by a 48-point (5.37%) rise in User Activity.

FCAS is up 22-points (2.38%)

Developer Behavior is up 1-point (0.1%)

User Activity is up 48-points (5.37%)

Market Maturity is up 2-points (0.24%)

TheStreet

Current trends suggest that as the DeFi market continues to expand, it will create robust payment gateways for a wide variety of DApps to be built on Ethereum. Any sort of multi-party application that today relies on a central server can be disintermediated via the Ethereum blockchain. This has attracted new capital to flow into ETH, causing price to skyrocket in the past two months.

Starting with the launch of MakerDAO, there are now nine separate Ethereum decentralized finance apps holding at least $10 million worth of cryptocurrency in them. As Synthetix founder Kain Warwick commented, The idea that Ethereum is replicating these traditional financial applications on a decentralized platform has finally crossed the chasm and got to the point where people understand it."

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Crime And Punishment In The Cryptocurrency World – Forbes

Posted: at 1:33 am

On December 2, 2019, prosecutors in the Southern District of New York unsealed a criminal complaint against Virgil Griffith for conspiracy to violate U.S. sanctions authorized by the International Emergency Economic Powers Act by providing services to the Democratic Peoples Republic of Korea (North Korea). The indictment of Griffith, one of the developers of the Ethereum blockchain, is the first instance where the Department of Justice has publicly announced chargesagainst a US citizen for conspiring to use cryptocurrency in an attempt to evade sanctions. Its an interesting case of a developing technology being applied to laws dating back to 1977 (not long in years but generations in technological breakthroughs).

PARIS, FRANCE - FEBRUARY 12: In this photo illustration, a visual representation of the digital ... [+] Cryptocurrency, Bitcoin is displayed in front of the Bitcoin course's graph on February 12, 2020 in Paris, France. The price of Bitcoin is rising and has once again passed above the very symbolic bar of 10,000 US dollars. (Photo by Chesnot/Getty Images)

The complaint against Griffith alleges that he visited North Korea in April 2019 to give a presentation at the Pyongyang Blockchain and Cryptocurrency Conference, where the main topic of discussion was how blockchain and cryptocurrency technology could be used to launder money and evade international sanctions that keep it from becoming a developed nation.

The United States efforts to combat such sanctions evasion began in September 2018, when the DOJ and the Department of Treasurys Office of Foreign Assets Control (OFAC) simultaneously announced criminal charges and civil sanctions against Park Jin Hyok, a North Korean citizen, someone the FBI had been tracking for years and subsequently put on its most wanted list.OFAC also sanctioned Hyoks employer, Chosun Expo Joint Venture, an agency, instrumentality, or controlled entity of the North Korean government. The DOJs complaint alleges that Hyok used a ransomware attack named WannaCry 2.0, which encrypts files on the computers of its victims (mostly in the US) demanding Bitcoin ransom payments. North Koreas Ministry of Foreign Affairs issued a statement claiming that Hyok is a non-existent entity, and furthermore, the act of cyber crime mentioned by the Justice Department has nothing to do with us.

In September 2019, OFAC announced sanctions against Lazarus Group and two of its sub-groups, Bluenoroff and Anaderiel, asserting they were directly involved in WannaCry 2.0 and the 2014 cyberattacks of Sony Pictures Entertainment.Joel Androphy, partner at Berg & Androphy said, For a rogue nation like North Korea, its not just about evading sanctions, its a revenue stream.

North Korea appears to have been relatively successful in generating revenue through this type of indirect sanctions evasion.Citing an unreleased confidential United Nations report, Reuters reported in August 2019 that North Korea is estimated to have raised up to $2 billion by using cyberspace to launch sophisticated attacks on financial institutions and cryptocurrency exchanges to generate income.It has become a burgeoning business model.

Although that revenue was earned prior to OFACs announcement of sanctions against Lazarus Group, the sanctions do not appear to have deterred North Korea from continuing to explore ways to use cryptocurrency to generate illicit revenue.Days after the sanctions were announced, the Korean Friendship Association posted information about the second Pyongyang Blockchain and Cryptocurrency Conference, which was scheduled for February 24 and 25, 2020.The FAQ page of the conference website expressly states that individuals with United States passports are welcome and that for your convenience we will provide a paper visa separated from your passport, so there will be no evidence of your entry to the country. Nothing like trusting North Korea to keep a secret.

Shortly after Reuters report came out, United Nations sanctions experts were warning people not to attend the Pyongyang Cryptocurrency Conference, noting that attendance at the conference could be a sanctions violation. The timing of the websites removal strongly suggests that the threat of international penalties from the United Nations had a deterrent effect much stronger than the threat of penalties from the United States alone.

Countries other than North Korea that are not subject to international sanctions also appear undeterred by United States penalties.For example, in March 2018, President Trump issued an Executive Order prohibiting United States persons and entities from engaging in transactions involving the Petro, Venezuelas cryptocurrency. Around the same time, OFAC announced sanctions against Evrofinance Mosnarbank, a bank that was involved in facilitating the Petros launch. Despite the sanctions and the Petros apparent lack of popularity among Venezuelans many of whom still do not know how or where to buy Petros Venezuelan president Nicolas Maduro announced efforts designed to strengthen the Petro in 2020, including exploratory sales of Venezuelan oil for Petros and the payment of taxes and utility bills in Petros.

OFACs announcement of sanctions against two Iranian men who allegedly converted the proceeds of a ransomware scheme from Bitcoin into Iranian rial appears to have been similarly ineffective. One of the two men sanctioned told theNew York Timesthat he had resumed exchanging Bitcoin within a week using a new anonymous Bitcoin address. The Iranian government has also reportedly shown interest in developing a cryptocurrency. At the Kuala Lumpur Summit in December 2019, Iranian president Hassan Rouhani suggested that leaders from Turkey, Qatar, Iran, and Malaysia create a Muslim cryptocurrency to save themselves from the domination of the United States dollar and the American financial regime.

The apparent effectiveness of the threat of international sanctions, and the collaborative efforts of other nations to develop cryptocurrencies that could be used to harm United States interests, underscore the need for the United States to work with its allies to combat cryptocurrency-based sanction evasions.Although many countries believed to be involved in sanctions evasion (such as Venezuela) are not subject to international sanctions, there are other ways in which the United States can seek support from its allies.

With cooperation from its allies, US prosecutors can use various statutes to indict and extradite those who commit offenses involving cryptocurrency abroad as well as in the United States.The world can be a small place when it comes to the reach of US government agencies, Androphy said, and many people who get caught up in this stuff simply dont know the laws that can get them in big trouble.

While each allys existing statutes and needs will be different, the global Financial Action Task Force (FATF) recently issued standards designed to provide an international framework for the regulation of virtual currencies and other virtual assets. As the FATF noted in a statement following its January 9, 2020 Supervisors Forum, the challenge is now to effectively implement these standards. The United States should be leading efforts to do so, because international cooperation will be an invaluable tool in amassing the economic power necessary to prevent cryptocurrency-based sanctions evasion by actors within and outside the US.

Make no mistake about it, people using cryptocurrencies to commit offenses are taking a significant risks. While some who drift on the wrong side of the law do so with intent, they may not know the extent of the trouble that they can get into with the criminal justice system in the US. The Federal Sentencing Guidelines, something many people have no familiarity with, can put offenders in prison for decades. Just to be extradited from a foreign country can take months or years ... imagine that sitting in a Venezuelan prison. Sealed indictments and cross-border cooperation with authorities makes traveling that much more precarious. One minute you can be headed to some part of the world on vacation and the next you could be sitting in a prison on what you thought was supposed to be a layover of two hours.

Emily Burgess, an attorney who works with Androphy, told me, Cryptocurrency transactions are only pseudonymous, not anonymous, and a user whose identity is uncovered faces significant penalties.

For those who think crypto will hide them detection and, eventually punishment, you better think twice.

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Crime And Punishment In The Cryptocurrency World - Forbes

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The Mystery of Warren Buffett’s Missing Crypto is Solved – Cointelegraph

Posted: at 1:33 am

The mystery that has haunted the crypto community for years days is finally resolved.

We may never know the true identity of Satoshi Nakamoto, but we just cracked the second greatest mystery in the history of Bitcoin (BTC): what happened to the Bitcoins that Justin Sun supposedly gifted to Warren Buffet?

Justin Sun claimed that during his much-discussed lunch with Warren Buffet, he presented the crypto-skeptic with a Galaxy Fold phone which contained some cryptocurrency including Bitcoin and Tron (TRX).

However, in a recent interview with CNBC, not only did the Oracle of Omaha reiterate his negative stance towards cryptocurrency, he also flat-out denied owning any crypto whatsoever and further stated that he will never own it.... because it is worthless.

Subsequently, some in the crypto community started to question the veracity of Justin Suns statement. If indeed he had given some cryptocurrency to Warren Buffet, how could it be possible that Mr. Buffett doesnt own any?

Luckily for Mr. Sun, Buffett could be rebuffed. All Sun had to do was point to the blockchain-based evidence to defend himself:

Of course, all that the blockchain can prove is that some amount of cryptocurrency resides at a certain address. It cannot prove that an individual named Warren Buffet is the rightful owner of this cryptocurrency unless that individual chooses to prove his ownership by moving some coins or signing a message with a private key controlling it.

And as we have learned from the greatest Bitcoin mystery of all time, this can be no easy task for some individuals.

Justin Suns detractors seemed to have an upper hand in this deeply-contested conundrum until a good Samaritan stepped in to save the day (and Suns reputation).

Becky Quick, the CNBC reporter who inadvertently started this controversy, has now put an end to it:

No word yet on how Justin Sun feels about Warren Buffett regifting his generous present.

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The Mystery of Warren Buffett's Missing Crypto is Solved - Cointelegraph

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Warren Buffett says he will never own any cryptocurrency – Yahoo Finance

Posted: at 1:33 am

Berkshire Hathaway chairman and billionaire investor Warren Buffett has reiterated his aversion to cryptocurrencies.

"Cryptocurrencies basically have no value and they don't produce anything," Buffett told CNBC in an interview on Monday. "I don't have any cryptocurrency and I never will," Buffett added.

Last month, Tron founder Justin Sun, along with his four guests, dined with Buffett - but that didn't change the billionaire investor's stance on crypto.

"When Justin and four friends came, they behaved perfectly and we had a very friendly 3-hour dinner and the whole thing was a very friendly exchange of ideas," Buffett said, adding that neither he nor Sun changed their stance on bitcoin.

89-year old Buffett has been a long-time critic of cryptocurrencies. He has called bitcoin as a "real bubble" and "rat poison squared," among other descriptors.

Interestingly, Buffett today said he may create a "Warren currency" that would be available after he passes away.

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Warren Buffett says he will never own any cryptocurrency - Yahoo Finance

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Why 2020 is an important year for cryptocurrency exchange regulation – CryptoSlate

Posted: at 1:33 am

Guest post by Cal Evans from Gresham International

Cal is the Managing Consultant of Gresham International.

Cryptocurrency exchanges represent one of the most diverse service offerings within the crypto industry.

You only have to stack a handful of exchanges up, side by side, to see the differences between them. These differences can be found in a multitude of areas. Some differences relate to the actual user interface (UX) experience of the platform and how users interact with the services. Other differences can be found in the technical side of the trading offered by the exchange. This list is almost endless.

In a market that is now so big, this diversity allows crypto users to move to whichever exchange best suits their needs a real win for those who are trading in the community.

To date, crypto exchanges have had a fairly easy life with respect to regulation and the amount of paperwork they have to do. Considering the amount of cash that flows through some exchanges, it is quite astonishing that so far they have had minimal regulation. In hindsight, this might not be such a great thing.

Regardless of your thoughts on the balance between privacy/freedom and control/monitoring, the simple fact is that most countries do not allow free flow of assets of any kind. Monitoring them kills factors such as financing terrorism and money laundering from crime. Two things which, in the early days of Bitcoin, gave the whole industry a bad name. One which we are still trying to recover from.

In order to counter this, 2019 saw a raft of new laws passed in various international jurisdictions. Most of which, aimed at exchanges. Essentially, there has been no headway into actually legislating cryptocurrencies themselves. However, moving forward, the trading will be much more regulated.

To help you understand the major changes, lets take a brief look at the new major laws coming into play over 2020.

Hong Kong has finally set its mind on the trading of cryptocurrency. As of now, companies that are looking to offer trading services of cryptocurrencies will have to register for a Money Service License within Hong Kong. This is the same license that Foreign Exchange companies will use. It carries reporting requirements that are slightly easier than being a usual financial services firm.

Singapore was the original birthplace of the exchange. Consequently, many many exchanges decided to set up there and conduct business. Singapore now requires all exchanges to register with The Monetary Authority of Singapore (MAS). MAS is a full financial oversight body that will inspect every element of the company including business operations and transactions.

The EU has now placed registration requirements on all exchanges operating within the Union. Although countries such as Malta and Estonia already had these in place, all member states are now required to have cryptocurrency exchanges register within their respective country. One registration will work for all member states (as is common with all financial services). The obligation is only on the collection of data of users of the exchanges. Not information on trades. This registration process will vary from state to state.

The United Kingdom was in the EU long enough to be caught by the new law but will be out in time to decide how they set it up. Consequently, the Financial Conduct Authority (FCA) has now created a special type of Crypto License. This license places a requirement on companies that operate in the crypto space and facilitate trades to register with the organization. This includes companies outside of exchanges.

All of these new laws are designed to ensure that companies who operate from onshore locations are taking the necessary steps to protect the flow of money in and out of the country. For those exchanges that are looking to promote a more decentralized or fluid approach to trading will more than likely have to move to an offshore location in order to continue doing business.

Since 2016 Gresham International assisted entrepreneurs, companies, governments, and groups launch their currency or token offering to market.

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Why 2020 is an important year for cryptocurrency exchange regulation - CryptoSlate

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Hot or cold. Which cryptocurrency wallet is the best? – Toshi Times

Posted: at 1:33 am

Are you curious about cold and hot wallets? Which type of wallet is the best to store your cryptocurrency? Keen on learning why theyre key to the Ethereum ecosystem? Great! Youve come to the right place. To learn blockchain development and be certified I recommend visiting Ivan on Tech Academy.

Blockchain is currently#1 ranked skill by LinkedIn. Because of that, you should definitely learn more about Ethereum to get a full-time position in crypto during 2020.

In myfirstandsecondpieces, Ive discussed Ethereum 2.0 and the best tools for developers. In mythirdandfourtharticles, Ive discussed quadratic voting and open governance models. Then, in my fifthpiece,Ive looked into Swarms infrastructure.

In mysixth, seventh and eight ones, Ive dove-deep into consensus algorithms and the blockchain trilemma. Lastly, Ive looked into blockchain sharding technology,which projects are making it thrive and Ive done an intro to Plasma and Looms.

Last week, Ive explained the importance of blockchain explorers, why tBTC matters for Ethereum developers and the difference between cryptocurrencies, crypto-tokens and stablecoins.

This week Ive disucussed the value of cryptocurrency networks. Today Im looking into the key differences between hot and cold storage systems. Why should Ethereum developers care about hot and cold wallets?

Hot and cold wallets are a key piece of the cryptocurrency ecosystem. It is often said in the cryptocurrency universe, not your keys, not your coins. Andreas Antonopolous, the one who coined this term (pun intended), meant to say users need to pay attention to coin storing systems. Wallets are a very personal choice when it comes to storing funds.

Below, I look at the differences between cold and hot storage and the benefits of using alternative types of wallets. There are several trade-offs, benefits, and negatives to both. At the end, it all comes down to your own priorities.

Do you prefer ease of access, or strong security?

Storing your cryptocurrency in a hot wallet comes with a lot of risk, but it is simpler than setting up a cold wallet. Some of the best online wallets promote easy-to-use interfaces, high availability and instant transfer times.However, keeping all of your crypto in an online wallet creates a larger surface attack area, which means there is an increased risk of being hacked.

If you plan to consistently move your crypto around to different exchanges for trading purposes, then a hot wallet might be right for you. To give yourself a little extra protection, you can install additional security measures. Two-factor authentication is probably the best method to add an extra layer of security. But even then, dont expect your funds to be 100% protected from hacks.

Hot wallets generally provide a more user-friendly experience, which is why many who are not heavily knowledgeable about cryptocurrencies generally use them. If you want to use a hot wallet, try to store a minimal amount. By storing most of your cryptocurrency in a cold wallet and just a small amount in a hot wallet, you can get the best of both worlds ease and quickness of use as well as the security the cold wallet provides.

If you highly value security and youre wary of losing your hard-earned crypto, then using a cold wallet is the way to go. By keeping your Bitcoins offline, there is a much-reduced threat of being hacked. If you have or plan to buy Bitcoin, or any other currency, and hodl for the foreseeable future without trading then a cold wallet could be one of the best wallets for your cryptocurrency.

One of the most secure ways of setting up a cold wallet is by using a paper wallet or brain wallet. By using a paper wallet, the only way to access your Bitcoin would be through this piece of paper where your key is written down. Brain wallets mean memorizing your access. The main risks are if you lose that piece of paper in a fire or through bad housekeeping, then accessing your Bitcoin is impossible. Or worse, if you forget your keys.

Having a few spare copies in places you and only people you trust know about could be one way to counteract this.

Instead of basic paper wallets, a hardware wallet provides a great amount of security but for a financial cost. Depending on the make and model, you could expect to spend up to $100, if not more.

One essential tip when buying a hardware wallet is to ensure you are buying from a reputable vendor. When you receive your wallet, make sure that the wallet hasnt been tampered with or opened in any way. Malicious actors could upload malware onto these wallets if they are able to get their hands on the hardware before you yourself do. The best wallets for cryptocurrency will be supported by positive reviews from other users.

Keep in mind, according to recent research from GlassNode, a great deal of Bitcoin has been lost in cold wallets. There is an estimate of around 1 to 3 million BTC lost in cold wallets.

There are positives and negatives to both hot and cold storage. If you want quickness and ease of use, go for a hot wallet. If you want security and long-term storage, use a cold wallet. Completing your own research before purchasing cryptocurrency is essential for your own security and storing your it safely is key to protecting your investment.

This article is not financial advisement

Founder @ Bityond. Senior Writer. Researcher and Project Manager.

Hobbies include swimming and Sith lording. Tweet me @Febrocas. Message me on LinkedIn.

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Hot or cold. Which cryptocurrency wallet is the best? - Toshi Times

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