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Cryptocurrency  The chairman of Korea’s Fair Trade Commission – the economic competition regulator – has blasted efforts to shutter cryptocurrency exchanges before calling on the government to regulate the industry instead. In a radio interview yesterday, FTC chairman Kim Sang-Joo plainly opined it is “not realistically possible” to shut down cryptocurrency exchanges, adding that the law does not permit authorities like the justice ministry to close cryptocurrency exchanges. In quotes reported by JoongAng, Korea’s largest media network, Kim said of the proposed ban in translated statements by  CCN : “[Shutting down cryptocurrency exchanges] is not realistically possible. Based on electronic commerce law, the government does not have the authority to close down cryptocurrency trading platforms.” The official was offering his take on the recent controversial statements by the country’s justice minister Park Sang-ki. In a press briefing a week ago, the lat

Google  YouTube has been in the spotlight repeatedly over the past several months, but rarely for anything encouraging. Most recently, the video sharing platform was lambasted for allowing YouTube star Logan Paul to upload a vlog prominently featuring the body of someone who had allegedly committed suicide. The Google-owned property then refrained from laying down the law on Paul  until an uproar from users forced its hand days later . But as worrisome as  the Logan Paul episode  was for frequent visitors of YouTube, the actual reason that Google has to address the root of the problem is because of advertisers. They understandably don’t want to have their wares and services attached to inappropriate or controversial content. So YouTube is making some major changes. In a post  on the  Inside AdWords  blog  this week, Google VP of engineering Paul Muret discussed three ways that YouTube is going to address its biggest issues in 2018. First off, while channels previous

Russia A leaked draft of President Donald Trump's nuclear posture review seems to confirm that Russia has been building an underwater nuclear doomsday machine. Reports of the torpedo sent a chill down the spines of experts, who say it could not only destroy a city but poison the area with radiation for years to come. Russia may have intentionally let on that it was working on the doomsday device to sow fear in the US and deter attacks. President Donald Trump's nuclear posture review,  leaked to HuffPost this month , seems to show the US believes Russia is building a dangerous new undersea nuclear weapon that critics say could cause widespread death and damage. "Russia is developing and deploying new nuclear warheads and launchers," the leaked review says, adding that these systems include "a new intercontinental, nuclear-armed, undersea autonomous torpedo." Printouts of plans for such a nuclear torpedo had been spotted in state TV footage of a meeting

Military  China's sole operational aircraft carrier passed through the Taiwan Strait Wednesday, the island's defence ministry said, as Beijing steps up pressure on its democratic rival. It comes weeks after Taiwan's President Tsai Ing-wen warned against what she called China's "military expansion" -- the increase of air and naval drills around the island since she came to power in May 2016. Beijing views the self-ruling island as part of its territory, to be reunified at some point. Cross-strait relations have become increasingly frosty as Tsai refuses to acknowledge Taiwan is part of "one China". The aircraft carrier -- a second-hand Soviet ship -- caused a stir in Taiwan when it first entered the strait in January last year, viewed as a symbolic show of strength by Beijing. The defence ministry said the Liaoning carrier and accompanying vessels entered Taiwan's air defence zone early Wednesday morning and left by noon. The fleet, which

Shipping  Early blockchain tech mover IBM and Danish shipping giant Maersk have announced a joint venture to digitize and enhance global trade efficiency and security using blockchain technology. One of the world’s oldest industries that has long been notoriously averse to adopt modern technologies is getting a blockchain revamp. In an  announcement  yesterday, IBM and A.P Moller – Maersk confirmed their intent to launch a new as-yet-unnamed company that will specifically develop blockchain technology built on open standards ‘designed for use by the entire global shipping ecosystem.’  The new company will be headquartered in New York. Supply trade chains and logistics are two particular industries ripe for disruption and are certain to instantly benefit from adopting blockchain technology. An immutable, shared ledger with multiple participants including suppliers, shippers, port operators and export/import authorities will help companies continuously track and monitor

Kodak, the  iconic photography company  first established in in the 1880s, has joined the blockchain and ICO age. Today, January 9, 2018, it announced a new blockchain-based platform with WENN Digital to empower and protect image makers, photographers and artists. The new platform, known as  KodakOne , will enable users to register their work and license it with the platform. The image rights management platform will utilize the new  KODAKCoin  cryptocurrency to provide photographers with a new revenue stream and secure platform for protecting their work. The smart contract associated with KODAKCoin will ensure that photographers receive payment immediately upon their work being licensed in addition to receiving a share of the overall platform revenue. The platform will also continually scan the web to monitor and protect the artist’s IP and assist them in dealing with illegal use of their work. “For many in the tech industry, ‘blockchain’ and ‘cryptocurrency’ are hot buzzwords,

In a previous incarnation, the gold used to make a new line of fine jewelry may have been part of a circuit board in your last phone or laptop. The gold is mined from e-waste collected in a national recycling program, turned into gold bars, and delivered to a jewelry manufacturer. “This has never been done before,” says Nikki Reed, founder of Bayou With Love, a brand that partnered with Dell to make the limited-edition line of rings, bracelets, and other jewelry, called the Circular Collection. (Reed is also an actress known for her roles in the  Twilight  movies.) [Photo: Dell]Dell, working with Goodwill, has collected electronic waste for a decade as part of a larger sustainability plan. But it’s taken time to work with a recycler to develop a process that can sustainably harvest gold from old gadgets, without the harsh chemicals that recyclers have used in the past. The company is now using its recycled gold to create a pilot line of motherboards, and will later use it