Technology and Innovation
Technology and Innovation
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Why Bitcoin’s Price Climbed More Than $1,000 Overnight
Bitcoin price riseThe price of bitcoin exploded overnight, rising from US$6,870 (AU$8,859.21) to US$8,034.17 (AU$10,360) in an hour, according to prices quoted from Coindesk. There’s no one specific piece of news that can be pointed to as being solely responsible for the sudden jump. Instead, it seems that a number of factors came together at the same time.
This Trade War May Have Little to Do with Trade
trade warChina is no longer a copycat of the West. They’re quickly becoming an innovation nation just like they’ve been saying. The government just spent US$10 billion to build a quantum lab. According to the OECD, China is now the second largest scientific powerhouse, behind the US. And as you can see, China is pumping out patents like crazy.
Everyone Wants Your Data, Get Over It!
facebook data breach scandalSecuring data is now on everyone’s minds thanks to Facebook, Inc. Common Stock [NASDAQ:FB]. But most of the discussion is utter drivel. Yes Facebook takes your data and allows advertisers to target ads. They’ve been doing it for years. But all of a sudden, this agreement between Facebook and users is no good.