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Why Did the University of California San Francisco Pay Hackers $1.4 Million in Bitcoin?

Why Did the University of California San Francisco Pay Hackers $1.4 Million in Bitcoin?

The University of California, San Francisco (UCSF), has recently paid criminal hackers $1.14 million to resolve a ransomware attack. The university reportedly paid the amount in 116.4 Bitcoins worth over $1 million.

Barred from Leaving China? Tron Founder Justin Sun Surfaces in San Francisco

Barred from Leaving China? Tron Founder Justin Sun Surfaces in San Francisco

Justin Sun was on the border control list by the Chinese government that can restrict him from travelling abroad due to alleged illegal fundraising, money laundering, gambling and involvement in pornography according to Caixin. However, on a live video broadcast on Justin Sun’s Twitter, he shows the Bay Bridge in the background, which meant he appeared to be in San Francisco.

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

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

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

Ray Training Day 2024: Enhance Your AI and ML Skills in San Francisco

Ray Training Day 2024: Enhance Your AI and ML Skills in San Francisco

Join Ray Training Day on September 30, 2024, in San Francisco for a comprehensive training session on GenAI and LLMs led by Ray experts.

Kraken Shuts Down San Francisco-based HQ, Blaming for Local Safety

Kraken Shuts Down San Francisco-based HQ, Blaming for Local Safety

Kraken, the first cryptocurrency exchange to become a bank in the U.S., has shut down its headquarters in San Francisco on grounds, that blaming local safety is hard to run a business.

Fintech Startup Stripe Reaches $35 Billion Valuation

Fintech Startup Stripe Reaches $35 Billion Valuation

According to CNBC, San Francisco-based payments startup Stripe has just raised another $250 million in funding, bringing its valuation from $22.5 billion to $35 billion

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.

Ripple Expands Global Regulatory Team and Joins Blockchain Association

Ripple Expands Global Regulatory Team and Joins Blockchain Association

Ripple, the San Francisco-based blockchain startup, just announced its inclusion of four new members into its global regulatory team in Washington D.C.

Former CoinDesk Editor-in-Chief Pete Rizzo Gets Hired by Kraken Digital Asset Exchange

Former CoinDesk Editor-in-Chief Pete Rizzo Gets Hired by Kraken Digital Asset Exchange

A report from Kraken Digital Asset Exchange, a cryptocurrency exchange firm based in San Francisco, informed that it has hired former CoinDesk journalist, Pete Rizzo who served as an Editor-in-chief in the news industry.

Visa Partners with Fold to Offer Bitcoin Rewards Credit Card

Visa Partners with Fold to Offer Bitcoin Rewards Credit Card

Visa, a prominent payment provider, has joined hands with Fold, a San Francisco-based Bitcoin cashback app, to offer a credit card that will enable consumers to gain Bitcoin rewards as compared to earning points. Through the strategic collaboration, users will have first-hand experience with the most-valuable cryptocurrency.

Deloitte Partners With Chronicled to Fight Counterfeit Medication Using Blockchain Technology

Deloitte Partners With Chronicled to Fight Counterfeit Medication Using Blockchain Technology

Leading audit firm Deloitte has partnered with Chronicled, a San Francisco tech company, to address medication fraud and counterfeit drugs through blockchain technology. Chronicled will provide its blockchain-enabled network dubbed MediLedger that has been instrumental in the healthcare and life sciences sector.

Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference

Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference

The electronics giant Samsung, according to a press release on September 2, has revealed its intentions to present it's blockchain-based corporate strategy next month at the annual Samsung Developer Conference 2019 in San Josè, California.

Coinbase Reveals New Price Oracle Competing with Chainlink as a Major Rival in the DeFi Ecosystem

Coinbase Reveals New Price Oracle Competing with Chainlink as a Major Rival in the DeFi Ecosystem

San Francisco-based crypto exchange Coinbase is taking the decentralized finance (DeFi) industry to the next level by releasing its Coinbase Price Oracle, a reliable source of signed price data for crypto pairs. Blockchain oracles provide paths between off-chain and on-chain events and are third-party information sources that supply data to blockchains. Blockchain oracles offer useful data for DeFi applications and other blockchain services.

Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market

Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market

According to a Bitcoin analyst, PlanB, creator of one of the most accurate Bitcoin price models, on April 7, 2020, claimed that Bitcoin Futures do not affect the price of Bitcoin in the spot market. In his tweet, he said that Bitcoin prices stayed within the S2F bands even when Bitcoin was at its all-time-high (ATH) in December 2017 which many people claim was suppressed by the introduction of Bitcoin Futures in Chicago Mercantile Exchange (CME) in 2017.

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