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Showing posts with the label future

Telegram’s Pavel Durov Detained in France: Now What’s Next?

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The Detention of Pavel Durov: What We Know So Far Pavel Durov , the Founder and CEO of Telegram , was detained by French authorities on 24 August at Le Bourget Airport, just outside Paris. Reports from French media suggest that the detention is linked to an investigation into Telegram’s alleged failure to moderate content on its platform, with potential charges related to fraud, drug trafficking, and organised crime. However, there has been no official confirmation regarding the charges, if any, against Durov. The rally in support of Pavel Durov, who was detained in Paris, is ongoing in Moscow. Protesters are bringing paper airplanes to the French embassy. pic.twitter.com/quv2jxEapc — Russian Market (@runews) August 25, 2024 The Russian embassy has reportedly sought clarification from French authorities but has received little cooperation. A formal statement from French officials is expected on 26 August, which may shed more light on the situation. ...

Economics professor identifies future security threat to Bitcoin

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Lawrence White, a prominent professor of economics at George Mason University, has highlighted a potential future security threat that faces Bitcoin (BTC). Speaking during an interview with David Lin published on October 22, Professor White expressed his concerns regarding the long-term sustainability of Bitcoin’s security , particularly about the evolving reward model for miners. While quantum computing has long been a topic of discussion in the world of cryptocurrencies, the scholar was unfazed by its potential impact on Bitcoin. Instead, he pointed to a different challenge on the horizon while noting that Bitcoin has emerged as hack-proof.  “People have worried about the miners colluding to attack Bitcoin, but that wouldn’t be in their interest to do. So far, it’s proven hack-proof, and there are people who worry that in the long run, as the reward model for Bitcoin changes,” he said.  What to expect after all Bitcoin is mined ...