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"Buckle Up" For Bitcoin's Next Bull Run, Cameron Winklevoss Says

Gemini CEO and co-founder Cameron Winklevoss believes that the next Bitcoin bull run coming up will be “dramatically different,” due to the innovative financial resources that crypto investors have access to nowadays and to the current economic infrastructure.

Winklevoss Anticipates Next BTC Bull Run

Compared to previous bull markets, the billionaire crypto philanthropist said that with the rise of infrastructure, the influx of capital, and better projects at hand, Bitcoin (BTC) is set for its next bull run:

“The next Bitcoin bull run will be dramatically different. Today, there’s exponentially more capital, human capital, infrastructure, and high-quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!”

The Winklevoss brothers are on the same page regarding Bitcoin. Last week, Cameron’s twin brother and co-founder of Gemini, Tyler Winklevoss, commented on the US Federal Reserve’s economic stimulus strategy having a positive impact on Bitcoin and its pricing on the crypto market. Winklevoss stated that the Federal Reserve had set the stage for BTC’s next bull run. He referred to the fact that the US government is actively printing money in bulk in order to deliver an economic stimulus package to its citizens, to provide pandemic relief.

Americans Use First-Time Stimulus Check for BTC

What seems to be interesting however, is that according to a report by Coinbase CEO Brian Armstrong, instead of using their funds towards goods and services, many Americans directd their first-time stimulus checks of $1,200 towards investing in BTC funds.

So despite coronavirus and the economic downfall happening worldwide, things appear to be looking up for the cryptocurrency market. Data points hint that crypto investors’ capital have been on the rise. Furthermore, with the increase in regulatory policies and the clarity of them, the infrastructure of the crypto market has been improving considerably.

Why Was More Money Involved In the Last BTC Rally?

Researchers looked at two key points to explain why more money has been involved in the latest Bitcoin rally, where the dominant cryptocurrency underwent a huge surge.

First of all, Tether(USDT), the market capitalization of Tether, the biggest stablecoin on the cryptocurrency market, has surpassed $10 billion in assets. Secondly, Grayscale Investments, the big-time cryptocurrency investment firm, has recently achieved a new high in the Assets Under Management (AUM) department.

Stablecoin Tether On Top of Its Game

Tether has been up to now the biggest stablecoin on the crypto market. Investors worldwide have therefore relied a lot on the stablecoin to trade crypto. Countries with poor regulatory policies revolving around cryptocurrency regulation have favored Tether, as it is a stablecoin. With the rise in market cap of Tether to $10 billion, this may mean that cryptocurrency exchanges might be on the brink of a huge money influx, with more funds being used on them.

As to further explain why more money has been involved in the latest BTC bull run, researchers turn towards Grayscale’s crypto-asset trusts as an explanation. The crypto asset trust funds of the large-scale investment firm are arguably the most utilized investment vehicles employed by businesses and networks looking to gain exposure to cryptocurrencies.

Grayscale Investments Reaches $5.1 Billion

Recently, the assets under management by Grayscale Investments have achieved a new record, reaching an all-time high of $5.1 billion.

On the subject matter, CEO of Grayscale Investments, Barry Silbert, said that Bitcoin has too much support from US government officials to ever be dismissed and shut down. The CEO thinks that blockchain firms’ success with regulatory policies put forth by officials can be attributed to pro-blockchain groups, such as Blockchain Association. The latter is a group who has advocated for digital firms by appealing to the US Securities and Exchange Commission in the past.

Silbert thinks that the blockchain industry has come a long way, with more and more investors looking at Bitcoin as an interesting hedge. In a Twitter post, he spoke about his own personal experience with his cryptocurrency investment firm. Silbert said that in 2013, when his company launched a Bitcoin investment fund, everyone thought they were crazy. “Well, look at us now…,” he added.

This Week’s Bitcoin Bull Run

Overall, projects and companies in the Bitcoin and crypto industry seem to be increasing in quality. With the latest Bitcoin rally that happened earlier this week, there seems to be an indication that the cryptocurrency industry is on the rise. Bitcoin surged past the $10,000 mark on Monday, creating a buzz in the financial industry.

CEO of financial consultancy firm deVere Group, Nigel Green, was even bold enough to state that the cryptocurrency is set to potentially “knock gold from its long-held position” of being a safe-haven asset.

Image source: Shutterstock

Amazon Launches Virtual Clinic Called Amazon Care

This article is contributed by our content partner, Nexchange NOW.

Amazon, the world’s largest internet company by revenue, quietly launched a virtual health clinic for Seattle-area employees, CNBC reports.

The virtual clinic, named Amazon Care, offers a variety of services, from app-, video-, or chat-based telemedicine all the way to prescription drug delivery.

“We’re currently piloting a healthcare benefit designed to help Amazon employees get fast access to healthcare without an appointment, at the convenience of their schedules, at their preferred location (home, office, or virtual). Amazon Care eliminates travel and wait time, connecting employees and their family members to a physician or nurse practitioner through live chat or video, with the option for in-person follow up services from a registered nurse ranging from immunizations to instant strep throat detection,” Amazon told CNBC in a statement.

There’s no word yet whether Amazon will be expanding this to employees outside of Seattle or even to the public, but as CNBC notes, tech companies have a habit of trying out new products on their employees before launch, so we’ll see how this goes. Amazon itself has been testing a lot of opportunities in health care, so it wouldn’t be much of a surprise.

“Amazon is a company that is experimenting a lot with a variety of opportunities in health care,” said Glen Tullman, the executive chairman of Livongo, a health-care company specializing in treating diabetes, which works as a partner to Amazon. “It’s one to watch.”

Image via Nexchange NOWOriginal Article: http://www.nexchangenow.com/news/healthtech/70976/amazon-launches-virtual-clinic-called-amazon-care/

OpenAI’s Robotic Hand Can Now Solve a Rubik’s Cube One-Handed

This article is contributed by our content partner, Nexchange NOW.

OpenAI, the San Francisco-based artificial intelligence research organization, has hit a new milestone this week.

Since May 2017, we’ve been trying to train a human-like robotic hand to solve the Rubik’s Cube. We set this goal because we believe that successfully training such a robotic hand to do complex manipulation tasks lays the foundation for general-purpose robots. We solved the Rubik’s Cube in simulation in July 2017. But as of July 2018, we could only manipulate a block on the robot. Now, we’ve reached our initial goal.

That’s right. OpenAI’s robotics division has announced that Dactyl, it’s AI-fueled, surprisingly dexterous robotic hand, has finally solved a Rubik’s all on its own.

And it didn’t just solve it, no. Dactyl managed to solve the cube with two of its fingers tied, wearing a rubber glove, and being hit by a stuffed giraffe. OpenAI themselves were quite surprised by the result:

We find that our system trained with ADR (Automatic Domain Randomization) is surprisingly robust to perturbations even though we never trained with them: The robot can successfully perform most flips and face rotations under all tested perturbations, though not at peak performance.

Before anyone starts screaming that this is the dawn of Skynet, however, OpenAI said that Dactyl only managed to solve the cube 60% of the time and “only 20% of the time for a maximally difficult scramble.”

Image via Nexchange NOWOriginal Article: http://www.nexchangenow.com/news/ai/71138/openais-robotic-hand-can-now-solve-a-rubiks-cube-one-handed/

Chinese Police Put MicroBT CEO Under Microscope Over Alleged Dispute With Bitmain

As stated by a local news outlet, the Chinese Police have just resumed its investigation of intellectual property infringement involving Yang Zuoxing, CEO of Shenzhen Bit Microelectronics Technology and Bitmain.

In the course, Yang was being arrested to help in the investigation of the patent of Bitmain he allegedly infringed upon and if found guilty, would be sentenced to prison.

The news about his arrest was revealed by insiders who were around when the police took hold of him on the basis of intellectual disputes in Bitmain.

Bitmain, a Chinese-based privately-owned company located in Beijing, which designs technology for bitcoin mining, was founded by Jihan Wu and Micree Zhan in 2013.

Yang was once staff in the company; working as the director of processor design, he developed the Antminer S7 and S9 models. However, Yang exited the company when the talk over equity stake was a debacle.

Zealous about having a mining firm, he raised funds to start Shenzhen Bit Microelectronics Technology, MicroBT. Since then, Bitmain and MicroBT are being seen as a rival company.

Following from this, Bitmain took MicroBT to court alleging that Yang has infringed upon their patent.

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MediLiVes Healthcare Platform Launches App

MediLiVes, the innovative healthcare platform based on AI and Blockchain technology, is to launch its App on Saturday 16th November in London. MediLiVes is disrupting the USD 10 million diagnostic industry by partnering with medical practitioners and patients on a single digital platform.

At the core of the MediLiVes solution is the ability to prevent possible catastrophic medical emergencies through regular diagnostic checkups. Working with different healthcare organizations the MediLiVes platform can monitor and store critical patient data. The App is capable of recognizing more than 20 different irregularities in ECG signals making the diagnosis of serious conditions significantly faster.

Using Telemedicine, MediLiVes can reduce the cost of access to personal medical data for algorithmic medical examination models. It also solves the issue of patients not having access to their own data, typically a patient may have data in a number of different silos; hospital, clinics, doctors, surgery, etc, but not be able to amalgamate them when necessary.

Founder and CEO Sunny Ahonsi, came up with the idea for MediLiVes after a disastrous A&E experience in London with his son. “We attended a very busy A&E department for more than ten hours before we were finally seen by the overworked medical staff. It turned out my son was not in any danger, was diagnosed in less than a minute and sent home. This was my aha moment.”

The aha moment crystallized in MediLiVes where telemedicine, underpinned by AI and Blockchain technology, can make a real difference in both preventative and reactive medicine. Users of the App can sign up for a year at a cost from USD 30 which allows for unlimited access to diagnostic readings of their data which in turn in stored on the App. Should a user feel unwell or wish for an actual consultation, then they can request access to a real medical officer, using filters such as medical specialty and geographic location.

“MediLiVes is like Uber for medicine-The The Uberization of Healthcare,” says Ahonsi. “People can reach out to medical staff when they need it – regardless of their location. This also reduces costs and even more importantly, access to medical care no matter where you fall sick. “

The task on onboarding medical staff is prioritized by strict criteria. All medical officers have to provide their country registered number and in-country medical certificate. This accreditation is checked on a three-month basis to ensure there is no change in practicing status.

“Telemedicine that enables a patient’s health condition to be monitored from a distance is one of the fastest growing industries in the world,” added Ahonsi. “The versatile nature of our core product means that it can find abnormalities not only in cardiology but also in diabetes, dietetics, civilization diseases, and chronic illnesses.”

Currently, there are more than 50,000 communities ready to start using the App, which is free to download. Ahonsi expects that to grow to 200,000 in several months.

To attend the event, please register here https://www.eventbrite.co.uk/e/blockchain-in-healthcare-tickets-78259280615

To find out more, please visit here https://medilives.io/en

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Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients

The common use of the electronic patient record system enables opportunities to enhance health care through big data analytics, secondary use, and data sharing. However, this also creates more opportunities for inappropriate uses, data breaches, and privacy violations.

For example, a decision to release or sell health data without informing patients is a breach of confidentiality. But this depends on raised questions and context about the basis and scope of the duty of confidentiality.

The latest report – according to The Wall Street Journal – indicates that Google has been secretly collaborating with one of the biggest healthcare systems in the U.S to secretly collect and analyze personal health data from millions of Americans.

The incident is interesting. But should the megacorporation be allowed to access full medical data without telling patients?

Perhaps, let’s dig deeper to understand the bottom of the matter.

Why and How did Google access patients’ medical data?

The WSJ report shows that Google has a secret division identified as “Project Nightingale” which has been gathering private medical data from millions of U.S patients across 21 states.

Since 2018, Google has been working with the St. Louis-based health system Ascension, the second biggest organization of this nature in the United States. Ascension reportedly shares health data with Google without the approval of doctors or patients. The report reveals that some 150 Google employees have access to this data.

The medical data include things such as hospitalization records, doctor diagnoses, and more. The data is said to have been compiled into a complete health history, which is connected to a patient’s date of birth and name.

Google is allegedly using the data to train machine learning algorithms to suggest changes to the healthcare of individuals. But this far-reaching project appears to threaten the privacy of people.

Is Google breaking the law?

But surprisingly, the WSJ’s analysis indicates that Google’s action appears to be completely legal. The Health Insurance Portability and Accountability Act (HIPPA) is the current privacy law provisions. The law allows hospitals to share health data with business partners if doing so assists them in carrying out their healthcare functions.

Google spokesperson talked with the WSJ and she said that “Project Nightingale” complies with healthcare law and offers adequate data protection.

But the concern rests on the fact that neither the collaborating hospitals nor Google did not see fit to inform doctors or patients that they were collecting such data. This indicates an entire lack of control that individuals have over their own personal data, and how little is known about who can store, view, and share it.

How can this problem be solved?

During this modern era, the question of privacy is frequently asked. It has been a topic of numerous speculations, arguments, debates, and discussions for years now. However, modern technologies have solutions to address the problem.

Individuals who know about blockchain are already aware that this technology can be utilized to store excessive quantities of information. The security and privacy features of the technology make it significantly useful to store data.

Blockchain can be used to store patients’ data. Moreover, patients could also share and monetize the data with anyone they want to, and even choose which part of data would be visible.

A recent report projects the global blockchain market within the healthcare industry to surpass $500 million by 2022. Medicalchain, Medishares, and Medibloc are some of the projects that are already applying blockchain to allow patients to take back control of their own healthcare data.

Although blockchain technology is still young and requires further development, it sounds promising in terms of stopping Google and other firms from invading patients’ privacy.

Takeaway

Policy and ethical analysis related to health informatics and data should take into consideration of public expectations, and also harms and benefits of how the data is used. Data sharing among health care providers and business partners (like Google) is important for patient safety and research purposes.

But secret use of health data without knowledge of patients raises privacy concerns and undermine the informed consent. However, the application of blockchain technology can solve the problem.

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Official State-Run Publication Reports Blockchain Development in China to Reach $2 Billion In 2023

Chinese publication, Xinhua, reports that blockchain technology will reach $2 billion in 2023, and blockchain development in China is expected to increase by a compound annual growth rate of 65.7% from 2018 to 2023.

A study conducted by American intelligence firm, IDC, stated that a large proportion of China’s blockchain spending was headed towards the banking sector in 2019. Other industries where expenditure was high included manufacturing, retail, professional, and process manufacturing.

Research at IDC suggested the recognition of such growth in official reports will further blockchain application and accumulate spending rates in the sector. On a larger scale, reports earlier in the year highlighted that blockchain solutions spending in the Asia/Pacific regions with the exception of Japan would obtain $2.4 billion by 2022.

Following on from the forecasts of stable growth rate for blockchain, Xinhua equally published another industry report revealing to millions of Chinese people to Bitcoin, claiming it to be “the first successful application of blockchain technology.”

DAppstore Creator Decenternet’s Spyce Token to be Listed on BW Exchange November 22nd

Decenternet, the creator of the dAppstore, has announced the launch of its token called “Spyce.” Spyce is scheduled for listing on the BW exchange beginning November 22nd, 2019.

Here we’ll give you a quick overview of Decenternet, the dAppstore, the Osiris browser, and the Spyce token. Spyce is likely to be an excellent crypto investment, as it amounts to placing a call option on the coming decentralized internet.

Decenternet – Web 3.0

The goal of Decenternet is to create a decentralized internet.

To this end, several working products are already in place, including a new web browser designed for the new internet, a decentralized application store, and a wallet with an accompanying token. All three have been integrated into a single platform.

Osiris Browser

A decentralized internet needs a browser unlike any other.

The Web 3.0 Osiris browser is the first-ever net-neutral browser that allows users to participate in the decentralized internet and all it has to offer. Osiris protects your private data, blocks ads, prevents censorship and works at least three times faster than the average browser.

Future upgrades to the Osiris browser include things like borderless payments, paying users through the open-source Liberty Ads Network, VPN-like features without the VPN, and more.

Photo by Glenn Carstens-Peters on Unsplash

Perhaps the most magnificent accomplishment of the Osiris browser is its integration with a marketplace for decentralized applications (dApps), also known as the dAppstore.

DAppstore

One of the primary problems keeping crypto from achieving mainstream adoption is usability. Most interfaces for interacting with cryptocurrency and related technologies are not user-friendly for the average person.

Most people don’t know how to cope with a browser extension like MetaMask or an address that looks like this:

3PCZDDNyAAd7tMQf8JeGZXbb2pD57kUzbf

For decentralized applications, the dAppstore solves this problem. Rather than configuring and engaging some strange and unfamiliar program, users can engage the dAppstore directly from within the Osiris browser. There’s no need to deal with multiple plug-ins or wallets – everything can be taken care of from within the browser. All users need to do is first sign up for the dAppstore and create a web-based wallet.

Decenternet believes this will be a major catalyst for helping dApps go mainstream. Of course, accompanying this adoption will be the Spyce token and the Spyce wallet.

Spyce Wallet

The Spyce wallet is the wallet that users need to participate in the dAppstore.

The Spyce wallet is also integrated into the Osiris browser. The wallet is web-based and will be linked to popular tokens like EOS, ERC, TRON and more.

Photo by Eftakher Alam on Unsplash

DApp games like Crypto Kitties, Bit Empire, Crypto Space Commander, Zombie Battle Ground and more have already garnered huge interest and seen large amounts of cryptocurrency change hands. This is only the beginning.

DApp’s can be used to create all kinds of new and revolutionary platforms. Just a few include things like decentralized exchanges, prediction markets, and decentralized art marketplace that put artists in charge of selling their work and make forgeries impossible.

The dAppstore will generate demand for Spyce

All things considered, Spyce has a bright future. The age of decentralization is upon us and it requires a new conceptualization of the internet itself – in a word, Decenternet.

Photo by Umberto on Unsplash

The decentralized internet will spawn its own economy, a freer and more equitable one for all. Central to the economics of this non-centralized world wide web will be the Spyce token, which users will need to use to participate.

There are billions of internet users, and most of them won’t object to a faster and freer experience that lets them use decentralized applications with ease. This might even bring new users online who never would have been able to participate before. The demand for Spyce will be strong as a result.

Starting November 22nd, Spyce will be available for trading on the BW exchange.

Don’t miss the opportunity to be an early adopter of the decentralized web!

*Legal Disclaimer*: I am not a financial advisor and this article shall not be taken as financial advice. I do not have all relevant background details or facts relating to your specific financial situation, thus I am not in a position to give you financial advice. All investments involve risk of loss of capital. The content of this article is for informational purposes only and does not constitute a recommendation to buy, sell, or trade any token, coin, currency, security, or other financial assets. I do not hold any investments in Spyce or Decenternet.

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Chaintope Establishes Public Blockchain Protocol to Overcome Governance Challenges

Chaintope, a Japanese blockchain startup, has developed a public blockchain protocol known as Tapyrus to tackle some of the governance issues currently being witnessed in the blockchain space. For instance, some of the challenges noted in public blockchains include privacy concerns and sluggish transaction speeds.

These considerable constraints have, therefore, made many companies opt for private blockchains that have a limitation of permissioned participants. Nevertheless, public blockchains are technically advantageous because they are transparent and resistant to data falsification.

Tapyrus to mitigate governance issues

Tapyrus has been designed in such a way that it will avert governance difficulties. Expressly, it has the capability of instigating data transparency and permissionless participation even if selected federations operate it.

Through the Tapyrus platform, the network participants are able to view and verify transactions stored on blocks. This, therefore, averts federations from manipulating data or protocols within their network.

The public blockchain protocol will also permit new functionality to be incorporated depending on specific business requirements.

Hideki Shoda, Chaintope’s CEO, acknowledged: “We hope that Tapyrus will be a successful model for tackling the long-standing governance issue on public blockchains. Combining Tapyrus with the other tools that Chaintope offers on layers one and two, our focus is on taking a holistic approach to the mass adoption of blockchain technology and overcoming current technical limitations.”

Tapyrus has been developed in such a way that a multi-layer protocol is formed and this improves transaction speeds and traceability, as well as tackling governance challenges.

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Two Massachusetts Men Arrested And Charged To US Court For Supposed Social Media Frauds And Crypto Theft

According to a report, two Massachusetts men had been arrested and charged to court on account of stealing victims’ social media accounts and cryptocurrency through swapping their sims, hacking their computers, and other nameless techniques.

The two culprits; Eric Meiggs of Brockton (21 years), and Declan Harrington of Rockport (20 years), were charged in an 11 count charges which included these counts: 1 conspiracy, 8 wire fraud, 1 computer fraud and abuse and one serious identity theft.

The indictment read that the culprits targeted owners of cryptocurrency companies and those with substantial amounts of crypto and also those who have influence on social media. Thus, through conspiracy, they swapped their victims Sims and hacked into and assumed control of their accounts.

The indictment claimed that the culprits targeted up to 10 known victims around the country. They supposedly stole or tried to steal about $550,000 or more in cryptocurrency from these victims alone. The older of the culprits, Eric Meiggs allegedly assumed control of two victims’ accounts with social media companies.

As stated in the press statement, this case is being investigated by the FBI and IRS-CI, the case is being prosecuted by Intellectual Property Section and Assistant U.S. Attorney Amy Harman Burkart, Chief of the Cybercrime Unit and Senior Trial Attorney Mona Sedky of the Criminal Division’s Computer Crime.

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