Bitcoin Is Soaring. Here's Why It's Not Ready for the Big Time

“To the moon!” The phrase is the battle cry of true believers in cryptocurrency bitcoin—and charts of its price in recent weeks point directly heavenward. Yet beyond a batch of newly minted crypto-millionaires, the digital asset’s recent bull run has also exposed long-standing weakness in the underlying technology that could …

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Tidal is reportedly having money problems

A new report from Norway’s Dagens Næringsliv claims that Tidal is running out of money while user growth has stalled. The report suggests that Tidal may only have around six months of working capital left. In a statement to The Verge, a Tidal spokesperson said, “We have experienced negative stories …

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New law reinstates small drone registration in the US

Back in December 2015, the FAA announced that drone owners had to register any device over 0.55 pounds. The new rule was actually championed by big tech companies like Amazon and Google, and by drone industry players like Intel and DJI. Sensible regulations, they argued, would pave the way for …

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How witches took over Tumblr in 2017

In February, Lana Del Rey decided to put a hex on the president. This was a month before she debuted the trailer for her album Lust for Life — a two-and-a-half-minute short film about how she recedes into her home (in the middle of the H in the Hollywood sign) …

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Miami Art Basel: where art reckons with technology

The Moon glowed against tufts of eerie night clouds. A few hundred people joined Lonneke Gordijn and Ralph Nauta, the Dutch founders of Studio Drift to wait in anticipation. If the winds kicked up, the hours of work invested in their installation would be for naught, but the sea looked …

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