Weekly News Review

Crazy Review : This Friday, the media is discussing Google's failure, Bitcoin investment, Ethereum's potential, and executives' irresponsibility for network security. Cointelegraph has compiled the major news of the week to share with you.

Translation: Height difference signal is full

This Friday, the media was discussing Google’s failure, Bitcoin investments, Ethereum’s potential, and executives not taking responsibility for cybersecurity. Cointelegraph has compiled the week’s major news to share with you.

Google's Mic Drop feature in Gmail, which muted conversations and sent funny GIFs, seemed to cause more stress to users than smiles. "It's not the right way to make fun of 900 million users," wrote Gizmodo. Now, after some Gmail users lost their jobs and angered friends and family, Google is backing off and revoking the feature.

Bitcoin is likely to be more secure than gold

Forbes published a long article discussing whether it is safe to invest in Bitcoin. Frances Coppola believes that "what really worries investors is not the high risk, but the masses." She believes that the problem with investors' low investment desire is that they want to invest safely. Therefore, the value of Bitcoin depends on investors' ability to predict risks.

Ethereum is leaps and bounds ahead of its competitors

The Wall Street Journal compared Bitcoin and Ethereum, and the newspaper believes that Ethereum may have more potential: Ethereum has attracted the interest of large American companies - including IBM and JP Morgan, as well as several other banks, who are studying the Ethereum model and preparing to use it for some applications to improve the efficiency of transactions and remittances.

Coinbase asks users for information on their LinkedIn accounts, mentions KYC policy

Coinbase, a well-known bitcoin exchange and wallet provider, has begun asking customers to provide information from their LinkedIn accounts as part of their "know your user" program targeting users of the platform.

Bitdefender Labs launches a new free ransomware security tool

Bitdefender malware protection researchers have released a new protection tool to combat malware such as CTB-locker, Locky and TeslaCrypt. The new tool is available for free download.

The European Central Bank will provide 1,300 euros to everyone in the EU

Nordea analyst Jan von Gerich believes that the European Central Bank could consider directly distributing cash to citizens of the 19 EU member states. This plan is a variation of "helicopter money", which aims to give free cash to every citizen in the hope that they will spend it and ultimately boost the economy.

UN to use blockchain technology to fight obesity

The World Food Programme has decided to work with major supermarket chains and food retailers to curb the world’s growing obesity epidemic. The UN agency plans to introduce a mechanism whereby every food sale in stores must be verified on a blockchain before users can complete the purchase.

Company executives believe cybersecurity is not their responsibility

According to a client survey conducted by the commissioned agency Nasdaq, more than 90% of company executives are not prepared to deal with large-scale cyber attacks, they cannot read cybersecurity reports, and they believe that cybersecurity or protecting customer data is not their personal responsibility.