• Who's the jackass now? (via Pixabay)
    Bitcoin

    We interview the Bitcoin YouTuber who scammed a scammer

    A con artist pitching ‘double your bitcoin every 24 hours’ was herself taken in by her would-be sucker

    A Canadian Bitcoin YouTuber turned the tables on a scammer this week, convincing a con artist—who promised to double bitcoin investments in 24 hours—to send him $50 worth of the cryptocurrency. He promptly passed it along to Bitcoin Venezuela, a charity providing food in the suffering country.

  • The libra logo on a cellphone sitting on some coins. What else do you need to see? (via Shutterstock)
    Libra

    From privacy regulators to Walmart, Facebook’s Libra faces growing threats

    The US, EU, Canada, and Australia demand data protection guarantees; Walmart patents its own cryptocurrency

    In a joint statement on August 6, data protection regulators from the United States, United Kingdom, European Union, Canada, and Australia came head-on, issuing a joint statement slamming the Libra project and Facebook for failing to address the fledgling cryptocurrency’s privacy risks.

  • Nukes, brought to you by hacked crypto (via Pixabay).
    Politics

    Exchange hacks funded North Korean nukes

    The rogue state stole $2 billion from cryptocurrency exchanges over the past two years, using it to fund nuclear weapons development

    North Korea funded its nuclear weapons research by looting cryptocurrency exchanges of $2 billion, according to a confidential UN report.

  • How IBM used to store data before blockchain technology (via Pixabay).
    Technology

    IBM launches blockchain coalition with Anheuser-Busch, Cisco, and GlaxoSmithKline

    The Trust Your Supplier network uses IBM Blockchain to track documents and invoices for a wide range of industries

    IBM is teaming up with blockchain builder Chainyard on a new supply chain management platform that has attracted participants from a half dozen industries. While many major coalition blockchain projects are industry specific—like Big Blue’s TradeLens Consortium for shipping and its Food Trust alliance for produce—the Trust Your Supplier network is focused on documenting and verifying supplier information of all types.