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REUTERS/Stringer CHINA OUTA woman uses her mobile phone behind barbed wire at an entrance of a residential compound in Wuhan, the epicenter of the novel coronavirus outbreak, Hubei province, China February 22, 2020.<ul class="summary-list"><li>Berlin-based Arweave is a startup which is building a decentralized internet archive that it calls its 'permaweb.' </li><li>This permaweb contains information from across the globe that Arweave says cannot be changed, bypassing censorship or disinformation. </li><li>Arweave is backed by Andreessen Horowitz and says it is helping people in China accurately report on the coronavirus crisis.</li><li><a href="https://www.businessinsider.com/prime?module=article&amp;area=summary">Click here for more BI Prime stories</a>.</li></ul>Berlin-based startup Arweave hopes to change an internet dominated by misinformation and rumor.The startup, founded in 2017, operates on two layers to ensure that internet content is not lost or deleted.Despite the massive growth of data online, the internet does not really have any kind of permanent archive. Some 30% of internet links are broken in under two years and 98% of links are broken within 20 years, according to Arweave. In an attempt to fix the internet's memory issue, the company has built a "permaweb" with the goal of permanent data storage. Arweave has built a blockchain to do this. The blockchain is effectively a digital record or distributed ledger of activity, most regularly associated with bitcoin and other cryptocurrencies. There is no one blockchain, rather copies of the blockchain are held on hard drives globally, all of which are updated when new details are added. The thinking is to make the system robust against hackers or censors.Developers can build applications on top of Arweave's software. For example, apps built on top of Arweave are currently capturing information within China before it is censored by the government, with the startup supporting some 200 applications including WeiBlocked, a company which trawls Weibo, China's equivalent of Twitter, for information which might later be censored.Arweave provides tools for developers, but regular users can also pay to access storage. Users effectively pay for the unused space on other people's hard drives, who are paid to keep files secure. "We are attempting to address the fragility of the information space," Arweave's cofounder and CEO Sam Williams told Business Insider in an interview. The company came through Techstars' Berlin incubator although Williams most recently was studying for a PhD in computer science at the University of Kent in the UK. "We help people in China speak about the reality on the ground, i.e. coronavirus without their voice being censored by the government," Williams added.He told Business Insider that the idea for Arweave came from reading George Orwell's 1984 and studying authoritarian regimes such as those in Nazi Germany and the Soviet Union. Recently, <a href="https://www.businessinsider.com/china-admits-punishing-coronavirus-whistleblower-li-wenliang-inappropriate-2020-3?r=US&amp;IR=T">the Chinese government appeared to remove or hide information about Dr Li Wenliang who was an early whistleblower on the coronavirus in Wuhan</a>. He died from the disease but information that he promoted is still visible to users on Arweave's permaweb away from the reach of Chinese censorship. Users can potentially see said information on <a href="https://feedweave.co/">FeedWeave</a>, a decentralized social media site which operates on top of the platform. <h3>Funding the future</h3>The startup has received backing from some major names in venture capital, including Andreessen Horowitz and Union Square Ventures but in an unconventional manner. Unlike regular fundraising where founders exchange equity in their business in return for capital, Arweave has raised $22 million from investors by selling tokens in its blockchain. The idea is that the value of those tokens will increase in the future with only 66 million in existence and with increasing demand for Arweave's services.The company also dispenses grants to fund startups and projects which will grow permaweb usage, alongside the recently announced Arweave Boost which provides $50,000 worth of storage to startups trying to build on the permaweb. "We back companies which are helping to ensure the future of the permaweb," Williams added. "Our work is very important for stopping fake news and disinformation so companies that help us build on that are starting to come through the pipeline."Arweave users pay for storage on the permaweb for time spans as long as a century and users in more than 50 countries support the platform through storage nodes worldwide. Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please email <a href="mailto:covidtips@businessinsider.com">covidtips@businessinsider.com</a> and tell us your story. <h3>NOW WATCH: <a href="https://www.businessinsider.com/bidets-better-than-using-just-toilet-paper-2019-9">Why bidets are better than buying countless rolls of toilet paper</a></h3>

Andreessen Horowitz-backed startup Arweave says its decentralized 'permaweb' is fighting coronavirus misinformation in China

<ul><li>Cryptocurrencies have been on a tear in 2024 as bitcoin continues to hover near record highs.</li><li>But it's not just the largest crypto tokens like bitcoin and ether that are rising.</li><li>Listed below are the 10 best performing cryptocurrencies so far in 2024.</li></ul>Cryptocurrencies have soared so far in 2024 as investor demand for spot bitcoin ETFs surge and <a href="https://www.businessinsider.com/bitcoin-halving-cryptocurrency-markets-investors-etf-spot-btc-supply-demand-2024-3#:~:text=Bitcoin's%20halving%20is%20expected%20in,%22sell%20the%20news%22%20event.">anticipation builds for the upcoming bitcoin halving event next month.</a>But it's not just the largest cryptocurrencies like <a href="https://markets.businessinsider.com/currencies/btc-usd">bitcoin</a> and <a href="https://markets.businessinsider.com/currencies/eth-usd">ether</a> that have soared so far this year. Lesser-known crypto tokens are printing massive gains as enthusiasm towards the crypto sector rebuilds following the brutal 2022 bear market.Listed below are the 10 best-performing cryptocurrencies year-to-date that have a market value of at least $1 billion, according to data from CoinMarketCap. 10. Conflux<div type="image" title="CFX" height="515" width="628" msid="108882012" hostid="261" sizebytes="14412"></div>Ticker: CFX YTD performance: 150.2% Market value: $1.9 billion9. Pyth Network<div type="image" title="PYTH Network" height="526" width="629" msid="108882014" hostid="261" sizebytes="14756"></div>Ticker: PYTH YTD performance: 175.2% Market value: $1.3 billion8. Shiba Inu<div type="image" title="Shib" height="512" width="626" msid="108882017" hostid="261" sizebytes="14500"></div>Ticker: SHIB YTD performance: 187.6% Market value: $18.1 billion7. JasmyCoin<div type="image" title="JASMY" height="504" width="623" msid="108882020" hostid="261" sizebytes="14704"></div>Ticker: JASMY YTD performance: 222.7% Market value: $1.0 billion6. SingularityNET<div type="image" title="AGIX" height="531" width="623" msid="108882021" hostid="261" sizebytes="13592"></div>Ticker: AGIX YTD performance: 318.0% Market value: $1.7 billion5. Arweave<div type="image" title="Arweave" height="506" width="630" msid="108882023" hostid="261" sizebytes="12838"></div>Ticker: AR YTD performance: 328.9% Market value: $2.7 billion4. Fetch.ai<div type="image" title="FET" height="512" width="628" msid="108882026" hostid="261" sizebytes="13434"></div>Ticker: FET YTD performance: 374.2% Market value: $2.7 billion3. Pepe<div type="image" title="PEPE" height="512" width="621" msid="108882028" hostid="261" sizebytes="13220"></div>Ticker: PEPE YTD performance: 500.4% Market value: $3.3 billion2. FLOKI<div type="image" title="FLOKI" height="503" width="626" msid="108882030" hostid="261" sizebytes="13860"></div>Ticker: FLOKI YTD performance: 589.6% Market value: $2.3 billion1. dogwifhat<div type="image" title="dogwifhat" height="508" width="630" msid="108882032" hostid="261" sizebytes="13462"></div>Ticker: WIF YTD performance: 2,278.6% Market value: $3.6 billion

These are the 10 best performing cryptocurrencies so far this year

REUTERS/Jonathan ErnstU.S. President Donald Trump speaks during a signing ceremony for the $2.2 trillion coronavirus aid package bill as Senate Majority Leader Mitch McConnell (R-KY), House Minority Leader Kevin McCarthy (R-CA) Vice President Mike Pence and Rep. Kevin Brady (R-TX) stand by in the Oval Office of the White House in Washington, U.S., March 27, 2020.Good morning! This is the tech news you need to know this Monday.<ol><li><a href="https://www.wsj.com/articles/government-tracking-how-people-move-around-in-coronavirus-pandemic-11585393202">The US government is using location data from millions of phones to track the spread of coronavirus</a>. The CDC, and state and local governments, are making use of the data from mobile advertising industry, per the Wall Street Journal. </li><li><a href="https://www.reuters.com/article/us-health-coronavirus-apple-iphone-idUSKBN21E3J9">Apple's iPhone factories in China are back up and running but its suppliers are wary that demand may not keep up</a>. Orders for Q1 are reportedly down 18% year-on-year as the coronavirus pandemic shutters much of Europe and the US, according to Reuters. </li><li><a href="https://www.bloomberg.com/news/articles/2020-03-29/amazon-workers-to-strike-at-new-york-site-over-virus-concerns?srnd=technology-vp">Amazon workers in New York are set to strike over coronavirus fears</a>. About 100 Amazon employees at a fulfillment center plan to go on strike after claiming management have ignored their concerns, as reported by Bloomberg.<a href="https://www.nytimes.com/2020/03/28/technology/coronavirus-fauci-trump-conspiracy-target.html"></a></li><li><a href="https://www.nytimes.com/2020/03/29/technology/facebook-google-twitter-november-election.html">Tech giants such as Facebook, Google, and Twitter are struggling to handle the demands of the upcoming Presidential election</a>. Concerns have been raised that the level of disinformation sophistication has increased since 2016 and that tech companies may not be able to cope with the new landscape, per the New York Times. </li><li><a href="https://www.theguardian.com/world/2020/mar/29/revealed-saudis-suspected-of-phone-spying-campaign-in-us">Saudi Arabia may have exploited weaknesses in mobile telecoms networks to secretly track its citizens in the US</a>. Whistleblower data indicates that millions of secret tracking requests have came from Saudi Arabia since November 2019, according to the Guardian.</li><li><a href="https://betanews.com/2020/03/29/microsoft-azure-usage-increases-coronavirus/">Microsoft has claimed that its seen a 775% increase in usage of its Azure cloud services in regions that are in isolation</a>. The company estimates there are now 44 million daily active users of Microsoft Teams as a result of the coronavirus pandemic, per Betanews.</li><li><a href="https://www.businessinsider.com/arweave-tech-startup-with-andreessen-horowitz-funding-stops-censorship-2020-3?r=US&amp;IR=T">Andreessen Horowitz-backed startup Arweave says its decentralized 'permaweb' is fighting coronavirus misinformation in China</a>. The company's blockchain permanently stores information which could otherwise be censored by government officials. </li><li><a href="https://www.businessinsider.com/deliveroo-frustrated-competition-probe-coronavirus-2020-3?r=US&amp;IR=T">Insiders say $2 billion startup Deliveroo is frustrated its Amazon funding is under lengthy competition scrutiny even as it helps fight COVID-19</a>. The food delivery startup is in discussions with the government about using its network of delivery riders to drop off care packages for the elderly and vulnerable as the UK remains under lockdown.</li><li><a href="https://www.axios.com/live-trivia-app-hq-comes-back-to-life-8473d55c-e9f8-4e31-9273-3c87b67b5760.html">HQ Trivia, an app which hosted live daily quizzes and shut down bizarrely in February, is set to return</a>. The company has reportedly been bought by an unnamed investor and could return imminently, per Axios.</li><li><a href="https://www.bloomberg.com/news/articles/2020-03-29/softbank-backed-farming-startup-plenty-is-in-talks-to-raise-cash?srnd=technology-vp">SoftBank-backed farming startup Plenty could be in the market to raise a fresh $100 million in funding</a>. SoftBank's Vision Fund is in discussions about leading the new round at a unicorn valuation, per Bloomberg.</li></ol>Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Business Insider" in your Alexa's flash briefing settings.You can also <a href="https://newsletter.businessinsider.com/join/free">subscribe to this newsletter</a> here - just tick "10 Things in Tech You Need to Know." <h3>NOW WATCH: <a href="https://www.businessinsider.com/bidets-better-than-using-just-toilet-paper-2019-9">Why bidets are better than buying countless rolls of toilet paper</a></h3>

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