Patriot Act: A Small Victory Against the NSA, a Big Distraction for the Rest of Us
The controversial section 215 of the Patriot Act which has allowed mass collection of American's phone call metadata is set for reform or expiry by the first of June, does it really matter? The United States Court of Appeals for the Second Circuit ruled on Thursday that the bulk collection of Americans’ phone metadata by the NSA was NOT in fact authorized by section 215 of the Patriot Act, despite surveillance supporters' claims to the contrary. The ruling continues, “We do so comfortably in the full understanding that if Congress chooses to authorize such a far-reaching and unprecedented....
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Both privacy advocates and the NSA are celebrating the USA Freedom Act that passed the Senate on June 2. The act legalized and simplified the collecting of phone metadata for the NSA. Meanwhile Skype continues to collect voice, chat, video and other data, and deliver it to the Five Eyes international spy coalition. The passage of the USA Freedom Act — penned by General Keith Alexander, director of the NSA — was followed by general celebration over what is considered a small victory for privacy advocates, and the biggest surveillance reform since the 1970s. Civil liberty groups and privacy....
In a landmark victory for the crypto industry, the US House Financial Services Committee has achieved a landmark victory by advancing a bipartisan bill aimed at establishing a regulatory framework for Bitcoin and cryptocurrencies yesterday. The bill’s passage marks Capitol Hill’s efforts to codify federal oversight for the digital asset industry, providing much-needed clarity and […]
For all the press Bitcoin has received, many contrarians are still attracted to sub-contrarians derived from the original contrarian. Many see Bitcoin's glass as half-empty, instead of half full. That doesn't apply to Coinbase head Brain Armstrong, who made news Monday morning with his Twitter commentary on the state of the digital currency universe. Coinbase CEO: The rest are just a distraction. Coinbase just launched their new Bitcoin exchange. Plus, Coinbase has received a major money-shot of venture capital funding last month, which rang in at over $100 million, so 2015 has already....
Crypto is characterized by its highly volatile nature and even though the digital assets in this space have continued to live up to this reputation, investors remain undeterred. It is still one of the fastest-growing financial markets in the world with predictions of accelerated growth in the coming years. Recently, the space has slowed down significantly and as such, has seen declining values in the assets. Despite this, not all digital assets in the crypto space have suffered. Just like there are times where there is an exception to the rule, Small Cap altcoins have proven to be the....