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Bitcoin struggles for footing on concern over tighter regulations in China

Bitcoin regained some ground on Thursday from the previous sessions brutal slide to four-month lows but was weighed down by concerns over tighter regulation in China and unease over the extent of leveraged positions in the cryptocurrency world. Bitcoin, the biggest and most popular cryptocurrency, rose 8.75 per cent to touch $40,000, after plunging 14 per cent on Wednesday to its lowest since late January. Smaller rival ether was up 6.6 per cent at $2,600 at 0630 GMT, but in extremely volati...
New York United States City Of United Kingdom James Quinn Chris Weston

US Market falls for third day, crypto plunge

The US stock market finished lower for third session in row on Wednesday, 19 May 2021, as a steep fall in cryptocurrencies and as the Federal Reserve minutes showed the US central bank inching closer to a possible shift in future monetary policy. At the close of trade, the Dow Jones Industrial Average index declined 164.62 points, or 0.48%, to 33,896. The S&P 500 index was down 12.15 points, or 0.29%, at 4,116. The tech-heavy Nasdaq Composite Index dropped 3.90 points, or 0.03%, to 13,300. Tota...
Tata Motors Federal Reserve Dow Jones Industrial Average Nasdaq Composite Index Capital Market Payment Systems

"A Verifiable and Fair Attribute-based Proxy Re-encryption Scheme for D" by Chunpeng Ge, Willy Susilo et al.

Abstract To manage outsourced encrypted data sharing in clouds, attribute-based proxy re-encryption (ABPRE) has become an elegant primitive. In ABPRE, a cloud server can transform an original recipients ciphertext to a new one of a shared users. As the transformation is computation consuming, a malicious cloud server may return an incorrect re-encrypted ciphertext to save its computation resources. Moreover, a shared user may accuse the cloud server of returning an incorrect re-encrypted cipher...
Attribute Based Proxy Re Encryption Cloud Computing Ata Shar21 Ing Airness 22 Systems Architecture
Source: uow.edu.au

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Bitcoin carnage: It is too soon to say cryptocurrency bubble has burst

Bitcoin goes a bit crazy Fiat currencies are never this exciting. Bitcoin set its most recent high, of just under $65,000, on April 14. After that it had steadily given ground, and that became a headlong crash in the early hours of Wednesday morning. By 9 am New York time, bitcoin hit $30,016 โ€” a fall of almost 54 per cent in five weeks. Over the next four hours, it rallied almost 36 per cent. At the time of writing, the price is $39,000. It was quite a ride. Bitcoin is still blessed, or pl...
New York United States Elon Musk Michael Hsu Office Of Innovation Federal Open Market Com

Futures fall as technology stocks lag ahead of US Federal Reserve minutes

US stock index futures fell for the third straight session on Wednesday, led by losses in rate-sensitive technology stocks on fears that rising inflation could force the US Federal Reserve to pare back its support soon. The yield on 10-year Treasury notes touched a one-week high, driving down shares of Apple Inc, Microsoft Corp and Facebook Inc by about 1 per cent premarket. Tech and other growth stocks are sensitive to yields as their value rests heavily on earnings years into the future, w...
Charalambos Pissouros Facebook Inc Microsoft Corp Lowe Companies Inc Silvergate Capital Corp Interactive Software Inc

Coinbase Says Screw It, We'll Let You Buy Doge

Coinbase Says Screw It, Well Let You Buy Doge Illustration: Richard Drew (AP) The cryptocurrency exchange platform Coinbase has caved. After a long silence to the hoards imploring the company to let them trade Dogecoin, theyโ€™ve decided to list the meme, adding a sheen of legitimacy to a cryptocurrency with limitless supply, which whales could squash with a whale-sized dump at any moment. On a call with investors on Thursday, CEO Brian Armstrong said that Coinbase aims to list it in six to eig...
Elon Musk Brian Armstrong Adam Zadikoff We Ll Let You Buy App Store Smash Mouth

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