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MIT cybersecurity experts do not trust blockchain-based voting systems

While certain parties in the United States continue to challenge the integrity of the election process, a group of researchers is advocating against using Internet-based and blockchain-based voting systems in the future.According to a Nov. 16 report from researchers at the Massachusetts Institute of Technology’s Computer Science and Artificial Intelligence

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MIT Group Funding Shows Growing Crypto Trading Interest

Floating Point Group, or FPG, a startup delivering institutional crypto traders automation technologies, garnered $2 million of capital from several entities."It's becoming clear that sophisticated quantitative traders and platform developers are viewing the cryptocurrency markets as an exciting new opportunity," FPG CEO John Peurifoy explained in a May 28 statement. The funding

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U.S. Recession Trigger Flashes Red – MIT Scientists Give It 6 Months

The yield on the 10-year U.S. Treasury note has fallen below the yield on the 3-month T-bill, stoking fresh recession talk. Long-duration bond yields are plunging on growing haven demand as coronavirus infects over 73,000 people. Researchers at MIT have used a scientific model to predict the likelihood of recession. The results

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After MIT Find Vulnerabilities, Medici Ventures Defends Blockchain Voting App Voatz

Jonathan Johnson, CEO of Overstock and president of Medici Ventures, has issued a statement supporting blockchain in voting in response to the technology’s vulnerabilities claims published on Feb. 13.Emerging technologies got in the crosshairs of regulators when a mobile software application that had been devised to help calculate the

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MIT Wasn’t Only One Auditing Voatz – Homeland Security Did Too, With Fewer Concerns

The Department of Homeland Security (DHS) found a number of security vulnerabilities in Voatz’s tech infrastructure during a cybersecurity audit of the mobile voting app vendor’s Boston headquarters, according to a newly declassified report obtained by CoinDesk. However, the DHS report, conducted by a Hunt and Incident Response Team with the

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MIT Researchers Claim to Boost Bitcoin and Cryptocurrency Blockchain Transactions By 4x with New ‘Spider’ Routing Scheme

MIT researchers have co-invented a new cryptocurrency-routing scheme that they claim can boost the efficiency… greasing the wheels and creating larger revenues for cryptocurrency and blockchain companies. An MIT news release stated they are using certain networks designed to speed up notoriously slow blockchain transactions the new solution uses Payment Channel

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MIT Develops ‘Spider’ Tech to Enable More Efficient Off-Chain Crypto Transactions

Researchers at the Massachusetts Institute of Technology (MIT) have co-developed technology that they say can help avoid congestion on off-chain cryptocurrency payments networks. The "Spider" crypto routing scheme, according to its developers – including Vibhaalakshmi Sivaraman, a graduate student at MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL) – offers

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