Page 3,604«..1020..3,6033,6043,6053,606..3,6103,620..»

Tether, the most promising stable coin, now the third most valuable cryptocurrency – Nairametrics

Ripple (XRP),the third most widely used crypto-asset behind bitcoin and Ethereum,has gotten the attention of theworldsbiggest economyfor moneyremittance.

Ripple(XRP)iscurrently tradingat $0.2025 with a market capitalization of about$8.9 billionand a daily trading volume of $1.96 billion,according to data obtained fromCoinmarketcap.

Americas Consumer FinancialProtection Bureau has given Ripple approval for its use in cross-border money transfers.

According to a report recently published by Americas Consumer Financial, Protection Bureau has been researching new developments in the remittance market, including trends related to digital currencies.

U.S Consumer Financial Protection Bureau, which plays a major role in protecting Americas consumers in the financial sector, wrote on the continued growth and expanding partnerships of companies such as Ripple.

The report also noted the use of Ripple for settlement ofcross-border money transfers:

The Bureau has continued to monitorthe continued growth and expanding partnerships of virtual currency companies, such as Ripple, which offer both a payment messaging platform to support cross-border money transfers as well as a virtual currency, XRP, which can be used to effect a settlement of those transfers.

[Read Also: Ethereum, second most valuable cryptocurrency, surges over 88% since March]

Ripple (XRP)plays both roles as a payment platform and a currency.

The Ripple platform is an open-source platform that is created to allow quick and cheap transactions.

Unlike its crypto rival, Bitcoin, which was never intended to be a simple payment system, Ripple has gained the attention of major global banks, like Standard Chartered, and Barclays for international transactions worldwide.

Interestingly, the U.S Consumer Financial Protection Bureauseemsto love Ripple for bringing simplicity and opennesstothe financial industry:

To the degree banks and credit unions increase their reliance on closed network payment systems for sending remittance transfers and other cross-border money transfers, the Bureau notes that this could result in greater standardization and ease by which sending institutions can know exact covered third-party fees and exchange rates.

The Bureau also believes that expanded adoption of SWIFTs GPI product or Ripples suite of products could similarly allow banks and credit unions to know the exact final amount that recipients of remittance transfers will receive before they are sent.

Follow this link:
Tether, the most promising stable coin, now the third most valuable cryptocurrency - Nairametrics

Read More..

Taxation on the Cryptocurrency – Live Bitcoin News

Cryptocurrencies are gaining popularity with time. And why shouldnt they? After all, cryptocurrencies have given more millionaires than other fields. With so many people coming out of the cryptocurrencies trade with successful trades and profit, it has attracted the Governments attention.

The U.S Government has issued a bill that states that all the people who are making a profit with the cryptocurrency trades, the taxation may be made depending on what you earn on an individual basis and a business level basis.

Individual Taxation

Here are the conditions that will lead to individual taxation.

1.Location

It is very important to have a secure location for your crypto assets because the location of the assets also plays an important role in reducing the amount of taxes that will be paid. The exchange rate of the crypto assets depends on the location. If the crypto asset are being used for something that the government holds authority over it. Then it might happen that your tax payable may be reduced.

2. Income Tax

When you are trading with crypto assets, whatever profit you make with these crypto assets are taxable. However, if you are not doing anything with your crypto assets, then you are not liable to pay any income tax. But the moment you decide to use those assets to earn profits, you become liable to pay income taxes.

3. Capital Gain Tax

If you are using a capital income for buying and selling crypto assets, then the government will feel that you are investing in the crypto assets and will be liable to pay income taxes on the total profit made on the capital income.

Business Taxation

And if the cryptocurrency trade is being done by a group of people then it falls under Business taxation. Here are the scenarios in which cryptocurrency trade falls under Business taxation.

1.Trading in Exchange Token

When there is a group of people who are investing in buying and selling Exchange tokens, then this will be considered a business. Hence, this will be liable to pay income tax as per the business taxation policy. When there is a company that deals with crypto exchanges for goods and services, then it comes under Business taxation.

2. Corporation tax

While calculating all the profit and losses made by the crypto exchanges, you must track down every crypto exchange made over the last year. And whatever the profit you have made, you will be taxed accordingly.

3. VAT (Value Added Services)

There are some cases where you might have to pay a VAT on the cryptocurrency exchanges. These extra products and goods taxes are also considered on the income tax sheet.

Conclusion

If you are among the business owner that are making deals in cryptocurrency trade, then you are liable to pay income tax on the capital profit.

The tax will be accrued on the value of the cryptocurrencies in pounds, as it is the preferred currency in which the value of crypto coins is calculated. Even if you are converting then into other forms of cryptocurrencies, then also the value of the cryptocurrency will remain the same.

Now that you know what are the taxation processes on cryptocurrency trade. You can also start with crypto trade with Bitcoin Lifestyle.

See the original post:
Taxation on the Cryptocurrency - Live Bitcoin News

Read More..

Bitcoin Worth $282K from the 2016 Bitfinex Hack on the Move – Bitcoin News

The cryptocurrency community has noticed a number of bitcoins from the August 2, 2016, Bitfinex breach has been moved. A small 30 BTC transaction ($282,000) from the stash has moved from the hackers address to an unknown bitcoin address. The last time coins from the Bitfinex incident moved was June and August 2019, as the bitcoins hadnt transferred for three years since then.

On August 2, 2016 the popular cryptocurrency exchange Bitfinex was hacked for approximately 119,756 BTC, which is worth a touch over $1 billion using todays exchange rates. The breach crippled trader confidence that day, and the price per BTC slid 22% immediately after the event.

After the incident, the value of bitcoin staged a modest comeback a week later and Bitfinex promised customers they would be paid back. Those stolen coins were moved to an address that anyone can follow using a standard blockchain explorer. The bitcoins sat for three years and didnt move until June and August 2019. When a BTC transaction in August took place, the transaction monitoring account Whale Alert notified the public on Twitter that roughly 300 BTC ($2.7M) was moved in ten transactions.

During the first week of June 2019, the hackers also moved around 170 bitcoins worth more than $1.5 million using todays exchange rates. At the time, BTC prices were much higher and came awfully close to touching $14,000 per coin. It is common for hackers to move digital assets when prices are higher than usual.

Armchair sleuths and observers have noticed this type of trend taking place with the Plustoken scammers as well. When the prices of bitcoin and ethereum are higher, the Plustoken bandits start moving coins to different wallets. No one knows if these stolen coins are being exchanged on a well known trading platform, but it is suspected that its more likely coins like these are sold using an over-the-counter (OTC) desk after being mixed.

On May 21, 2020, 30 coins from the August 12, 2019 move, had been transferred once again to another unknown address. Back when Bitfinex was breached in 2016, the going exchange rate for BTC was around $600 per unit. The moved coins on Thursday saw approximately 30.66754180 BTC or $282,000 moved and back then they would only be worth $18,000.

It is also common for hackers to move coins into smaller increments and they may not have been sold on the market. This type of method is noticed because the 30 coins moved on Thursday, stemmed from the 300 BTC ($2.7M) transfer that was done in 10 separate transactions.

Blockchain surveillance firms and law enforcement officials have these addresses flagged and it becomes difficult to move a stash of 119,756 BTC without being seen. Unless of course you split up the stolen bitcoins and possibly mix the UTXOs using the Coinjoin process.

What do you think about the recent 30 bitcoin ($282,000) move from the 2016 Bitfinex hack? Let us know what you think in the comments below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Read more:
Bitcoin Worth $282K from the 2016 Bitfinex Hack on the Move - Bitcoin News

Read More..

A detailed overview of Cryptocurrency Market [PDF] with innovation in technology, various aspects of the industry players, regions, types, and…

Cryptocurrency Market In-depth Analysis 2020-2025

The report include a thorough study of the global CryptocurrencyMarket. It has successfully pointed out the key factors that have substantial impact on theCryptocurrency market. This report is a result of a well-planned research methodology. The methodology employed both primary and secondary research tools.

These tools aid the researchers to gather authentic data and arrive at a definite conclusion. The prevailing competitors in the global CryptocurrencyMarket has also been pictured in the report, offering an opportunity to theCryptocurrency market players to measuring system their performance.

Get a Sample Report with Latest Industry Trends @https://www.marketresearchvision.com/request-sample/360864

The report has been prepared after studying the different parameters ruling the global CryptocurrencyMarket and the forecast period has been estimated from 2020-2025. The forecast period is the time period when the key factors and parameters will help the market to flourish significantly. The estimated value of the market has been represented through a CAGR percentage. Additionally, the report represents the approximate revenue that can be generated over the forecast period. However, the report has also outlined the factors that can slowdown the growth of the global CryptocurrencyMarket.

Manufacturer Detail, Nvidia, Xilinx, Intel, Advanced Micro Devices, Bitfury Group, Ripple Labs, Microsoft, Alphapoint Corporation, Amazon.Com, Bitgo, Btl Group Blockchain Tech, Coinbase, 21 Inc.,

Product Type Segmentation , Bitcoin, Ethereum Eth, Ripple Xrp, Dashcoin, Litecoin Ltc

Industry Segmentation, Peer-To-Peer Payment, Remittance, E-Commerce And Retail, Media And Entertainment, ,

Grab Your Report at an Impressive Discount! With Corporate Email ID @https://www.marketresearchvision.com/check-discount/360864

Key Drivers

The report includes the key driving forces prevailing in the global CryptocurrencyMarket. This part of the report has been studied keeping in mind the political, economic, social, technological, geographical, and cultural scenario of the global CryptocurrencyMarket. These factors can be projected to have their individual effects on the market, or they can have interconnected impacts. Besides, subtle change in the time framewithin which these factors are functioning might have ripple effects on the global CryptocurrencyMarket.

Regional

Global CryptocurrencyMarket has been segmented into Europe, the Americas, Asia Pacific, and the Middle East & Africa. This part of the report provides an exhaustive view of the regional scope existing in the global CryptocurrencyMarket. The trends and preferences dominating each region has a direct impact on the industries. The report tries to exploit the trends and preferences prevailing in a region to offer the users with a clear picture of the business potential existing in that region.

Research Methodology

The primary research procedure conducted to arrive at the results includes panel of face to face interviews with industry experts and consumers. The secondary research procedure includes an intricate study of the scholarly journals and reports available online.

Full Report With TOC and Table of Figure @ https://www.marketresearchvision.com/reports/360864/Cryptocurrency-Market

if you have any special requirements, please contact us sales@marketresearchvision.com

See original here:
A detailed overview of Cryptocurrency Market [PDF] with innovation in technology, various aspects of the industry players, regions, types, and...

Read More..

Physicists Just Built The First Working Prototype Of A ‘Quantum Radar’ – ScienceAlert

Quantum entanglement that strange but potentially hugely useful quantum phenomenon where two particles are inextricably linked across space and time could play a major role in future radar technology.

In 2008, an engineer from MIT devised a way to use the features of entanglement to illuminate objects while using barely any photons. In certain scenarios, such technology promises to outperform conventional radar, according to its makers, particularly in noisy thermal environments.

Now, researchers have taken the idea much further, demonstrating its potential with a working prototype.

The technology might eventually find a variety of applications in security and biomedical fields: building better MRI scanners, for example, or giving doctors an alternative way of looking for particular types of cancer.

"What we have demonstrated is a proof of concept for microwave quantum radar," says quantum physicist Shabir Barzanjeh, who conducted the work at the Institute of Science and Technology Austria.

"Using entanglement generated at a few thousandths of a degree above absolute zero, we have been able to detect low reflectivity objects at room temperature."

The device works along the same principles as a normal radar, except instead of sending out radio waves to scan an area, it uses pairs of entangled photons.

Entangled particles are distinguished by having properties that correlate with one another more than you'd expect by chance. In the case of the radar, one photon from each entangled pair, described as a signal photon, is sent towards an object. The remaining photon, described as an idler, is kept in isolation, waiting for a report back.

If the signal photon reflects from an object and is caught, it can be combined with the idler to create a signature pattern of interference, setting the signal apart from other random noise.

As the signal photons reflect from an object, this actually breaks the quantum entanglement in the truest sense. This latest research verifies that even when entanglement is broken, enough information can survive to identify it as a reflected signal.

It doesn't use much power, and the radar itself is difficult to detect, which has benefits for security applications. The biggest advantage this has over conventional radar, however, is that it's less troubled by background radiation noise, which affects the sensitivity and the accuracy of standard radar hardware.

"The main message behind our research is that quantum radar or quantum microwave illumination is not only possible in theory but also in practice," says Barzanjeh.

"When benchmarked against classical low-power detectors in the same conditions we already see, at very low-signal photon numbers, that quantum-enhanced detection can be superior."

There's plenty of exciting potential here, though we shouldn't get ahead of ourselves just yet. Quantum entanglement remains an incredibly delicate process to manage, and entangling the photons initially requires a very precise and ultra-cold environment.

Barzanjeh and his colleagues are continuing their development of the quantum radar idea, yet another sign of how quantum physics is likely to transform our technologies in the near future in everything from communications to supercomputing.

"Throughout history, proof of concepts such as the one we have demonstrated here have often served as prominent milestones towards future technological advancements," says Barzanjeh.

"It will be interesting to see the future implications of this research, particularly for short-range microwave sensors."

The research has been published in Science Advances.

Visit link:

Physicists Just Built The First Working Prototype Of A 'Quantum Radar' - ScienceAlert

Read More..

Teaching the next generation of quantum scientists | Harvard John A. Paulson School of Engineering and Applied Sciences – Harvard School of…

The Harvard University Center for Integrated Quantum Materials (CIQM), in partnership with The National Science Foundation (NSF) and the White House Office of Science and Technology Policy (OSTP), hosted a virtual workshop in March to discuss curriculum and educator activities that will help K-12 students engage with quantum information science.

The workshop resulted in alist of key conceptsfor future quantum information science (QIS) learners. The document provides a concise list of nine basic concepts, including quantum entanglement, communication, and sensing. The list is first step towards the development of quantum education curricula and empowering educators to teach quantum concepts in K-12 classrooms.

Quantum information science and technology aims to create systems for quantum sensing, quantum communication using interconnected networks, and quantum computation, said Robert M. Westervelt, the Mallinckrodt Professor of Applied Physics and of Physics at the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) and Director of CIQM.Our most important role is to engage young students in the field, because they will develop quantum technology in the future.

The document was the product of over three weeks of intensive deliberations among a group of university and industry researchers, secondary school and college educators, and representatives from educational and professional organizations. The participants represented a set of convergent disciplines that contribute to QIS today: physics, computer sciences, materials sciences, engineering, chemistry, and mathematics. Document development efforts were led by experts from the Illinois Quantum Information Science and Technology Center (IQUIST), theUniversity of Chicago,Georgetown Universityand theMuseum of Science, Boston.

"American leadership in quantum information science depends on a strong quantum workforce, said Jake Taylor, a Harvard alumnus who serves as OSTPs Assistant Director for Quantum Information Science. We're thrilled to begin this important work helping prepare the next generation of quantum learners."

"The future of fundamental research and education is in our hands. This impactful effort will empower the broad society to be included, and to actively participate in both efforts and benefits of the quantum era, said Sean Jones, Acting Assistant Director at the NSF's Directorate for Mathematical and Physical Sciences.

See original here:

Teaching the next generation of quantum scientists | Harvard John A. Paulson School of Engineering and Applied Sciences - Harvard School of...

Read More..

Armin Strom Discusses Resonance With PhD Of Quantum Physics And Watch Collector In An Easy-To-Understand Way (Video) – Quill & Pad

Claude Greisler, co-founder and technical director of Armin Strom, talks resonance with watch collector Michael J. Biercuk, professor of quantum physics and technology at the University of Sydney and CEO and founder of Q-CTRL.

Quantum physics and technology laboratory at the University of Sydney

In this interesting discussion, which took place in Sydney, Greisler and Biercuk discuss what resonance is and what the advantages are. Biercuk also notes that resonance is not watchmaking specific and explains where its found in daily life as well as how its used in quantum physics.

The discussion is easy to understand and provides a light and entertaining look at Armin Stroms signature complicated element.

For more information, please visit http://www.arminstrom.com.

Armin Strom Gravity Equal Force: Invention Is No Accident, Or How To Start Fresh

Armin Strom Minute Repeater Resonance: Synchronized Oscillations Driving Sonorous Vibrations (Plus Video It Sounds Fantastic!)

Armin Strom Masterpiece 1 Dual Time Resonance: Simplifying With Complexity

Understanding Resonance, Featuring The F.P. Journe Chronomtre Rsonance, Armin Strom Mirrored Force Resonance, And Haldimann H2 Flying Resonance

A Watchmakers Technical Look At The Mirrored Force Resonance Fire By Armin Strom: A Dual-Balance Watch With A Difference

See the article here:

Armin Strom Discusses Resonance With PhD Of Quantum Physics And Watch Collector In An Easy-To-Understand Way (Video) - Quill & Pad

Read More..

Nasa discovers parallel universe where time runs backwards? Know the truth – Business Standard

Twitter and other social media platforms are abuzz with the so-called 'parallel universe' that Nasa has discovered. According to the claims, Nasa has detected a parallel universe in Antarctica, where time runs backwards. While this has certainly made a whole lot of people excited, in reality this is far from the truth.

What is a parallel universe?

In quantum mechanics, parallel universe is theorised as existing alongside our own, although undetectable.

How did the claims on Nasa's discovery of parallel universe come about?

The recent reports claiming that there is evidence of a parallel universe appear to be based on ANITA findings that are at least a couple of years old.

A science magazine had published a feature, discussing some anomalous results coming from neutrino detection experiments in Antarctica, and what these could mean for a speculative cosmological model that posits there's an antimatter universe extending backwards from the BigBang.

The featured article was then 'curated' by some online media outlets, and the whole issue snowballed and became the talk of the town for the Twitterati.

What were the anomalous detections in Antarctica?

Four years ago, the Antarctic Impulsive Transient Antenna (ANITA) experiment a high-altitude helium balloon with an array of radio antennas, partially funded by Nasa had spotted a handful of instances of what seemed to be highly energetic neutrinos coming through the Earth. The telescope could spot these neutrinos coming from the space and hitting the ice sheet in Antarctica. ANITA detected these particles, but instead of coming from the space, the neutrinos were found to be coming from the Earth's surface without any source. These detections happened in 2016, then again in 2018, but there was no credible explanation.

Physicists have been working to figure out if these results can be explained with our current models of physics or have something to do with the experimental set-up itself, or if something like parallel universe does exist.

Scientists not ready to call parallel universe a discovery yet

Going by what the scientists have actually said, it's clear that these are exciting times for the astrophysicists trying to find an explanation and future experiments with more exposure and sensitivity will be required to get a clear understanding of the anomaly.

However, people wishing for a parallel universe will have to wait because the evidence is lacking and the scientists are not yet ready to call it a discovery.

What is a neutrino?

A neutrino is a subatomic particle very similar to an electron. But it has no electrical charge and a very small mass, which might even be zero. Neutrinos are one of the most abundant particles in the universe. Because they have very little interaction with matter, they are incredibly difficult to detect.

Here are some Twitter reactions to the claims of parallel universe

Read more:

Nasa discovers parallel universe where time runs backwards? Know the truth - Business Standard

Read More..

Company Hopes to Have Carbon Nanotube COVID-19 Detector Available in June – SciTechDaily

Artistic illustration of a carbon nanotube COVID-19 detector. Credit: Zettl Research Group/Berkeley Lab

How an atomically thin device could become a biotech breakthrough.

A technology spun from carbon nanotube sensors discovered 20 years ago by Lawrence Berkeley National Laboratory (Berkeley Lab) scientists could one day help health care providers test patients for COVID-19, the disease caused by the coronavirus SARS-CoV-2.

When Alex Zettl, Marvin Cohen, and their research teams at Berkeley Lab first demonstrated ultrasensitive oxygen sensors devised from carbon nanotubes hollow carbon wires with walls no thicker than an atom they envisioned a broad spectrum of applications, such as gas-leak detectors or air- and water-pollution detectors.

Subsequent studies out of Zettls lab revealed that carbon nanotubes or CNTs could also be used to detect proteins or carbohydrates at the level of single cells for biological and medical applications. CNTs exquisite chemical sensitivity had dramatic life-science implications that could benefit society, Zettl said.

But since Zettl normally investigates atomically thin materials known as nanomaterials for the Department of Energys Novel sp2-Bonded Materials and Related Nanostructures program, his lab is set up for launching exciting new experiments in quantum physics, not new applications for entrepreneurial startups.

So in 2000, Zettl and Cohen, who are both senior faculty scientists in Berkeley Labs Materials Sciences Division and physics professors at UC Berkeley, branched out into the world of commercial spinoffs by co-founding the Emeryville-based biotech company Nanomix Inc. They currently sit on the companys board of directors Zettl participates as an adviser, and Cohen as a member.

Today, the company is one of many U.S. companies vying for FDA Emergency Use Authorization (EUA) to deploy new diagnostic tests for COVID-19.

Last month, the company was awarded approximately $570,000 in funding from the Department of Health and Human Services Biomedical Advanced Research and Development Authority (BARDA) to develop disposable cartridges that test for protein traces of the coronavirus known as antigens in nasal swab samples, and for antibodies to the coronavirus in blood samples.

Patient samples loaded onto the cartridges are analyzed by the Nanomix eLab, a handheld testing device the company first developed more than five years ago in response to the Ebola virus epidemic.

The cartridges rely on tiny carbon biosensors modeled after the Zettl and Cohen labs groundbreaking carbon nanotube technology to detect coronavirus antigens during the early stages of a current infection. In addition, the cartridges can test for antibodies the immune system builds up as part of our bodys natural defense mechanism against a previous SARS-CoV-2 infection. The company says the eLab system can produce test results in about 15 minutes.

If granted FDA Emergency Use Authorization, the company hopes to have COVID-19-ready eLab products available for health care providers in June, and to scale up its supply and production capacity to provide hundreds of thousands of test kits, said Nanomix President and CEO David Ludvigson.

The fact that my research could help so many people is very rewarding. Im happy that I was able to contribute in that way, Zettl said.

The rest is here:

Company Hopes to Have Carbon Nanotube COVID-19 Detector Available in June - SciTechDaily

Read More..

The world is not as real as we think. – Patheos

I offer here a potpourri of quotations from the very early pages of Bruce Rosenblum and Fred Kuttner, Quantum Enigma: Physics Encounters Consciousness, 2d ed. (Oxford and New York: Oxford University Press, 2011), quotations that Im extracting for my notes:

Classical physics explains the world quite well; its just the details it cant handle. Quantum physics handles the details perfectly; its just the world it cant explain. You can see why Einstein was troubled. (7)

When the late Bruce Rosenblum (one of the authors of this book) first proposed a course for liberal arts majors at the University of California at Santa Cruz, where he and his co-author taught, a faculty member objected:

[P]resenting this material to nonscientists is the intellectual equivalent of allowing children to play with loaded guns. (8)

Rosenblum and Kuttner themselves say of their book Quantum Enigma that

it is necessarily a controversial book. However, absolutely nothing we say about quantum mechanics itself is controversial. It is the mystery these results imply beyond the physics that is controversial. For many physicists, this baffling weirdness is best not talked about. Physicists (including ourselves) can be uncomfortable with their discipline encountering something as unphysical as consciousness. Though the quantum facts are not in dispute, the meaning behind those facts, what quantum mechanics tells us about our world, is hotly debated. (8)

An Einstein biographer tells that back in the 1950s a non-tenured faculty member in a physics department would endanger a career by showing any interest in the strange implications of quantum theory. Times are changing. (9)

Among the charms of Quantum Enigma are the anecdotes that it shares:

At a physics conference attended by several hundred physicists (including the two of us), an argument broke out in the discussion period after a talk. (The heated across-the-auditorium debate was reported in the New York Times in December 2005.) One participant argued that because of its weirdness, quantum theory had a problem. Another vigorously denied there was a problem, accusing the first of having missed the point. A third broke in to say, Were just too young. We should wait until 2200 when quantum mechanics is taught in kindergarten. A fourth summarized the argument by saying, The world is not as real as we think. Three of these arguers have Nobel Prizes in Physics, and the fourth is a good candidate for one. (9)

See the original post:

The world is not as real as we think. - Patheos

Read More..