The Winklevoss twins, who clashed with Mark Zuckerberg over
Facebook, are seeking approval for a Bitcoin exchange overseen
by US regulators. The pair plan to have the exchange, called Gemini,
trading later this year, reports the New York Times. Cameron and Tyler Winklevoss are known to have invested millions in the virtual currency. Currently the value of each bitcoin is approaching $200 (£133) far below the $1,200-high it hit in November 2013.
Development work on software underpinning the exchange is
being carried out at the Bitcoin start-up founded by the Winklevoss
twins. In addition, they have been lobbying New York financial regulators to drum up support for the idea and have signed up
banks to handle deposits and transfers.
Work on the exchange began after New York’s financial services
watchdog last year encouraged virtual currency entrepreneurs
operating in the state to apply for formal recognition. This, said the
watchdog, was the first step towards full regulation of such Continue reading
This is an old story, i brought it out from the archives, because I meet a couple of friends discussing about security on the Tech Industries. But it is still a reminder that there is a cold war in the tech world. Who knows if our system are been tracked and the information they have about us.
A former Intel engineer has been charged with stealing trade secrets worth $1 billion Continue reading
Lets Face it. We love gadgets, especially gadgets that make life easier, more accessible or just more enjoyable. In my previous post, i said Top gadget that can change your world.That depends on how you view it, this gadgets could be mobile, households, computer,security and so on. In this post, i have identified some of these gadgets that can be used to enhance, access or power your life style.
LG Electronics is working together with Google on LG Watch powered by Android Wear™, which extends the Android platform to wearable. LG Watch will be compatible with a wide range of Android™ smartphones and will present relevant information to users just when they need it or ask questions or get stuff done.
The Livescribe Echo Smart pen Continue reading
Do you know your gadgets, or do you know any 10 top gadgets ? Send your comments on your top 10 gadgets.