Gold opened today at $1326
Silver at $20.29
Bitcoin is trading at $592
An upgrade to the software running the bitcoin network is made. Security fixes that address the problems Mt. Gox blamed for the loss of bitcoins were put into place Wednesday.
PC World reports that the software, known as Bitcoin-QT, has been renamed as Bitcoin Core.” The rebranding is intended to show that it runs the core infrastructure of the cryptocurrency’s transaction and verification network.
According to the release notes, the latest version of bitcoin’s software contains more than a half dozen fixes for transaction malleability.
A surprise appearance Tuesday at the 2014 TED conference in Vancouver, Canada.
Brian Hagen has the story:
NSA whistleblower Edward Snowden, by use of a remote controlled satellite robot, appeared onstage to address the conference goers, outlining why he took the risk to make off with 1.7 million documents from the agency:
Snowden told the crowd that stopping terrorism is not the goal of the NSA’s massive surveillance program:
The Obama administration won’t give up the fight on climate change.
On Wednesday, the White House revealed a new website serving as a one-stop location for a massive amount of climate change data.
The LA Times reports the information contained on the site had previously been spread across the websites of numerous government agencies.
The website is President Obama’s latest move to deliver on his promise to use his executive authority to confront climate change despite congressional inaction.
On Wednesday Federal Reserve Chair Janet Yellen stated the U.S. Central Bank would likely end it’s bond-buying program by the fall and begin raising interest rates in the first half of 2015. Speaking at her first news conference as chair, Yellen discussed the bond-buying program known as Quantitative Easing, Yellen stated that the Fed planned to wait a “considerable time” before pushing up interest rates. When questioned on how long a considerable time was the Chair Woman’s answer was six months.
The general counsel in the Office of the Director of National Intelligence told the U.S. Privacy and Civil Liberties Oversight Board that a recently revealed foreign surveillance program is specific with its targets and not bulk data collection. Robert Litt stated that bulk collection is “getting a whole bunch of communications, hanging onto them, and then figuring out later what you want. This is not that. This is a situation where we figure out what we want, and we get that specifically.” Litt was responding to a Washington Post report on the MYSTIC program which reportedly is capable of recording “100 percent” of a foreign country’s telephone calls. The comments by the general counsel conflict with media reports and leaked documents from NSA whistleblower Edward Snowden.
On Tuesday law enforcement officers announced charges on fourteen men accused of operating an online child exploitation network. The men are accused of posing online as young girls to persuade the boys to share nude pictures. The U.S. Immigration and Customs Enforcement, U.S. Postal Inspection Service and federal authorities in Louisiana led the investigation, dubbed “Operation Round Table”. The network reportedly victimized 250 boys across 39 states and 6 countries.