interesting articles and shit -

Yellow Yam Scam

not the kind of boy you're looking for
True & Honest Fan
kiwifarms.net
A new kpop group called Z-GIRLS was announced today.

Apparently there is some kind of bizarre cryptocurrency marketing scheme surrounding them but even native Korean speakers can't figure out what the fuck the production company is trying to say:

"The Project’s business model has star creation business and global online monetisation platform. On one side, the proceeds from the ITO will be used to accelerate creating infrastructure for this star creation business, and on the other hand it will create global online monetisation platform, which will tokenize the revenue opportunities generated by the star creation business, including concert tickets, merchandise, online content and admission to exclusive events.

Scheme of the token’s turnover in the ZPOP Coin ecosystem"



Should be a nice little trainwreck. https://z-popdream.io/
 
  • Horrifying
Reactions: 3119967d0c

theshep

True & Honest Fan
kiwifarms.net
Digital-asset exchange Quadriga CX has a $275 million problem with no obvious solution - just the latest cautionary tale in the unregulated world of cryptocurrencies.

The online startup can't retrieve about $C190 million ($201 million) in Bitcoin, Litecoin, Ether and other digital tokens held for its customers, according to court documents filed January 31 in Halifax, Nova Scotia. Nor can Vancouver-based Quadriga CX pay the $C70 million ($74 million) in cash they're owed.

Access to Quadriga CX's digital "wallets" - an application that stores the keys to send and receive cryptocurrencies - appears to have been lost with the passing of Quadriga CX chief executive Officer Gerald Cotten, who died December 9 in India from complications of Crohn's disease. He was 30.

Cotten was always conscious about security - the laptop, email addresses and messaging system he used to run the 5-year-old business were encrypted, according to an affidavit from his widow, Jennifer Robertson. He took sole responsibility for the handling of funds and coins and the banking and accounting side of the business and, to avoid being hacked, moved the 'majority' of digital coins into cold storage.

His security measures are understandable. Virtual currency exchanges suffered at least five major attacks last year. Japan, home to some of the world's most active digital-asset exchanges, has also hosted two of the biggest known crypto hacks: the Mt. Gox debacle of 2014 and the theft of nearly $US500 million in digital tokens from Coincheck Inc. last January.

The problem is, Robertson said she can't find his passwords or any business records for the company. Experts brought in to try to hack into Cotten's other computers and mobile phone met with only 'limited success' and attempts to circumvent an encrypted USB key have been foiled, his widow, who lives a suburb of Halifax, said in the court filing.

'After Gerry's death, Quadriga's inventory of cryptocurrency has become unavailable and some of it may be lost,' Robertson said, adding that the company's access to currency has been 'severely compromised' and the firm has been unable to negotiate bank drafts provided by different payment processors.

Quadriga CX's directors posted a notice on the firm's website on Jan. 31 that it was asking the Nova Scotia court for creditor protection while they address "significant financial issues' affecting their ability to serve customers. A hearing is scheduled for Tuesday, and Ernst & Young has been chosen as a proposed monitor.

"For the past weeks, we have worked extensively to address our liquidity issues, which include attempting to locate and secure our very significant cryptocurrency reserves held in cold wallets, and that are required to satisfy customer cryptocurrency balances on deposit, as well as sourcing a financial institution to accept the bank drafts that are to be transferred to us,' the firm said.

"Unfortunately, these efforts have not been successful.'

As is often the case with crypto, the episode has raised speculation on Reddit's online forums, where posters are wondering aloud if the business was a scam, calling for class-action lawsuits and even concocting conspiracy theories that call into question whether the CEO is even deceased. The latest online speculation suggests that Quadriga CX funds have been moving -- even though the firm claims they can't get access.
https://www.smh.com.au/business/mar...-worth-of-coins-and-cash-20190205-p50vp6.html
 

BarberFerdinand

True & Honest Fan
kiwifarms.net

Intel said on Monday that it would build the US's most powerful supercomputer, so fast that it could process 1 quintillion — 1 billion times 1 billion, or 1,000,000,000,000,000,000 — calculations per second.
To put that in perspective: If every person on Earth did one calculation (say, a math problem involving algebra) per second, it would take everyone over four years to do all the calculations Aurora could do in one second.
Intel and the US Department of Energy said Aurora would be the US's first exascale supercomputer, with a performance of 1 exaflop, when it's completed in 2021.
That kind of number-crunching brawn, the computer's creators hope, will enable great leaps in everything from cancer research to renewable-energy development.
Aurora, set to be developed by Intel and its subcontractor Cray at the Energy Department's Argonne National Laboratory in Chicago, would far surpass the abilities of supercomputers today.
It's likely to be the most powerful supercomputer in not just the US but the world, though Rick Stevens, an associate laboratory director at Argonne, said that other countries might also be working on exascale supercomputers.
rajeeb hazra_1
Rajeeb Hazra, a corporate vice president and general manager at Intel. Intel
The effort marks a "transformational" moment in the evolution of high-performance computing, Rajeeb Hazra, an Intel corporate vice president and general manager of its enterprise and government group, told Business Insider.
What Aurora could do
A computer that powerful is no small thing. Though Intel didn't unveil the technical details of the system, supercomputers typically cover thousands of square feet and have thousands of nodes.
When it's finished, this supercomputer should be able to do space simulations, drug discovery, and more. The government said it planned to use it to develop applications in science, energy, and defense. Aurora could also be used by universities and national labs.
For example, it could be used to safely simulate and test weapons — without actually setting them off or endangering people — or design better batteries, wind-power systems, or nuclear reactors. It could also be used to better understand earthquake hazards and model the risks of climate change.
It could even be used for research on cancer, cardiac issues, traumatic brain injuries, and suicide prevention, especially among veterans. The supercomputer will be designed to apply large-scale data analytics and machine learning to understand the risk factors for these kinds of physical and mental health problems to help prevent them.
Read more:The 3rd-most powerful supercomputer in the world was turned on at a classified government lab in California. Here's what the 7,000 square foot 'mini city' of processing power is like up close.
Intel, which says it helps power over 460 of the top 500 supercomputers, has worked with the Department of Energy for about two decades. It said Aurora would be five times as fast as the most powerful supercomputer, IBM's Summit.
The Department of Energy's contract with Intel and Cray is worth over $500 million to build Aurora, which Secretary of Energy Rick Perry authorized in 2017. The department also plans to build additional exascale supercomputers to start working between 2021 and 2023.
"The biggest challenge is also probably the most exciting part: to envision and create technologies that have never been created before," Hazra said. "Because this machine requires a level of capability we haven't seen before, the biggest risk is we're inventing something new — but to us, that's also the most exciting part."

Get the latest Intel stock price here.

I'm clueless, could this trigger the 51% crypto-thingy?
 

CrunkLord420

not a financial adviser
Supervisor
True & Honest Fan
kiwifarms.net

Intel said on Monday that it would build the US's most powerful supercomputer, so fast that it could process 1 quintillion — 1 billion times 1 billion, or 1,000,000,000,000,000,000 — calculations per second.
To put that in perspective: If every person on Earth did one calculation (say, a math problem involving algebra) per second, it would take everyone over four years to do all the calculations Aurora could do in one second.
Intel and the US Department of Energy said Aurora would be the US's first exascale supercomputer, with a performance of 1 exaflop, when it's completed in 2021.
That kind of number-crunching brawn, the computer's creators hope, will enable great leaps in everything from cancer research to renewable-energy development.
Aurora, set to be developed by Intel and its subcontractor Cray at the Energy Department's Argonne National Laboratory in Chicago, would far surpass the abilities of supercomputers today.
It's likely to be the most powerful supercomputer in not just the US but the world, though Rick Stevens, an associate laboratory director at Argonne, said that other countries might also be working on exascale supercomputers.
rajeeb hazra_1
Rajeeb Hazra, a corporate vice president and general manager at Intel. Intel
The effort marks a "transformational" moment in the evolution of high-performance computing, Rajeeb Hazra, an Intel corporate vice president and general manager of its enterprise and government group, told Business Insider.
What Aurora could do
A computer that powerful is no small thing. Though Intel didn't unveil the technical details of the system, supercomputers typically cover thousands of square feet and have thousands of nodes.
When it's finished, this supercomputer should be able to do space simulations, drug discovery, and more. The government said it planned to use it to develop applications in science, energy, and defense. Aurora could also be used by universities and national labs.
For example, it could be used to safely simulate and test weapons — without actually setting them off or endangering people — or design better batteries, wind-power systems, or nuclear reactors. It could also be used to better understand earthquake hazards and model the risks of climate change.
It could even be used for research on cancer, cardiac issues, traumatic brain injuries, and suicide prevention, especially among veterans. The supercomputer will be designed to apply large-scale data analytics and machine learning to understand the risk factors for these kinds of physical and mental health problems to help prevent them.
Read more:The 3rd-most powerful supercomputer in the world was turned on at a classified government lab in California. Here's what the 7,000 square foot 'mini city' of processing power is like up close.
Intel, which says it helps power over 460 of the top 500 supercomputers, has worked with the Department of Energy for about two decades. It said Aurora would be five times as fast as the most powerful supercomputer, IBM's Summit.
The Department of Energy's contract with Intel and Cray is worth over $500 million to build Aurora, which Secretary of Energy Rick Perry authorized in 2017. The department also plans to build additional exascale supercomputers to start working between 2021 and 2023.
"The biggest challenge is also probably the most exciting part: to envision and create technologies that have never been created before," Hazra said. "Because this machine requires a level of capability we haven't seen before, the biggest risk is we're inventing something new — but to us, that's also the most exciting part."

Get the latest Intel stock price here.

I'm clueless, could this trigger the 51% crypto-thingy?
The Aurora consists of many Intel Xe graphics cards (which don't really exist yet), which may or may not end up supporting OpenCL or CUDA. Assuming we're comparing FLOP/s to FLOP/s it be the equivalent of about ~90k NVIDIA GeForce 1080 Ti depending on what numbers you use (~11 TFLOP/s). But this is comparison is inherently invalid due to architecture and API differences.

It's likely that in order for the Aurora to begin mining any coin new software will need to written, at which point it will likely be able to 51% many medium sized altcoins, but this is already true with conventional GPU mining facilities.

As for BTC mining, it would have a serious handicap against actual ASICs and I'd wager to say no, it wouldn't even get close. But this is speculation since the exact technical specifications don't even exist yet.

The real threat of a 51% is China nationalizing the miners currently inside the country.
 
https://hashnode.com/post/how-to-bu...-in-next-20-minutes-cjbcpwzec01c93awtbij90uzn

@14⚡⚡ weev ⚡⚡88 @neger psykolog @CrunkLord420

Ok children, weev wants me to launch a kf eth token using part of my fabulous company as stake. It seems trivial.

What do you think?
@Null Why the fuck are you doing anything for weev? Like, honestly, he's an actual for real neo-nazi (at least, he RPs as one). Not far right, not alt-right, actual neo nazi.

I would just love to know why you support him? I know why you don't ban him, and agree with that, as free speech is obviously very important to you (and me). Plus letting neo nazis freely share their idiotic philosophy is probably the best way to show how stupid it is. But none of that explains why you seem to... I dunno... like the guy.

I mean, obviously I'm just a rando internet jackass, but I can't be the only one wondering.
 

BillionBisonBucks

Soon will be worth five billion pounds
kiwifarms.net
@Null Why the fuck are you doing anything for weev? Like, honestly, he's an actual for real neo-nazi (at least, he RPs as one). Not far right, not alt-right, actual neo nazi.

I would just love to know why you support him? I know why you don't ban him, and agree with that, as free speech is obviously very important to you (and me). Plus letting neo nazis freely share their idiotic philosophy is probably the best way to show how stupid it is. But none of that explains why you seem to... I dunno... like the guy.

I mean, obviously I'm just a rando internet jackass, but I can't be the only one wondering.
They have a lot in common
 

TheRedChair

Ultimate Chaos, Ultimate Confort.
kiwifarms.net
Avast and French police stop cryptomining worm, disinfect 850,000 computers. Enjoy.

 
  • Like
Reactions: Large

Sexy Potoo

Sexiest bird on the planet
True & Honest Fan
kiwifarms.net
Something Very Strange Is Going On With Bitcoin And BTC Google Searches
Tl;Dr :"BTC" google searches have suddenly surpassed "bitcoin" google searches by a huge margin
Bitcoin =blue, BTC = red
960x0.png

960x0 (1).png
 

albertbrown26

kiwifarms.net

Hedge funds are beginning the new decade with more than $3.3 trillion in their coffers — a record high, thanks to the strongest performance in 10 years, according to new data.

“The hedge fund industry concluded a historic decade of growth, which began in the aftermath of the financial crisis and saw total capital double in size,” Kenneth J. Heinz, president of industry-tracking firm Hedge Fund Research, said in a statement on Tuesday.

RAY DALIO'S MOST PROMINENT FUND SUFFERS FIRST ANNUAL LOSS SINCE 2000

The new total represents an increase of $80 billion in the last three months of the year alone, HFR reported. The previous record — $3.24 trillion — was notched in mid-2019
 

Safir

True & Honest Fan
kiwifarms.net
PSA: if anyone is slurping Nassim Taleb's cum, here's a good reason not to.

"It's a 'white swan' because it was 'preventable'." What an astoundingly useless rubric.
 

Mepsi Pax

kiwifarms.net
Taleb's been kind of a fag lately, though I guess I can't technically argue with him because "black swan" is his idea, but I'd say this event qualifies as a black swan because we've already had several nasty viruses come out of China fairly recently and none of them caused these downstream effects. SARS/MERS and H1N1 killed lots of people and were (more or less) highly infectious, but we saw practically no economic effects and didn't have to institute such severe preventative measures. By his own definition (A black swan being something people don't expect to see despite it not ACKSHULLY being that uncommon) this ver. 3.1 Chinese Flu is just that - something people didn't expect to see although it's just a natural mutation of something everyone is familiar with.
 
  • Thunk-Provoking
Reactions: Alex Poulos
Tags
None