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Facebook Insists Libra Poses No Threat to Central Banks
Let’s be honest. For central banks that relish their power to unleash quantitative easing and print money at will, Facebook’s Libra is a wolf in sheep’s clothing. Facebook Does Not Threaten Central Banks Libra does not threaten central banks’ control over currency creation. дальше »
2019-9-17 14:30 | |
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Libra Execs To Face Global Financial Regulators Today To Be Questioned About Facebook’s Crypto Risk
Global financial regulators and central banks are calling in officials from Facebook’s Libra cryptocurrency to explain the potential financial risks the stablecoin poses in the global fintech industry. дальше »
2019-9-16 16:07 | |
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3 Unseen Threats Disney Plus Poses to Netflix and Amazon
We're less than two weeks on from the Disney fan expo D23. It remains clear that the Disney Plus streaming service threatens to erode the market share of existing industry leaders. Netflix and Amazon have created models that have worked in the past and the upcoming launch of an Apple streaming service only adds to […] The post 3 Unseen Threats Disney Plus Poses to Netflix and Amazon appeared first on CCN.com дальше »
2019-9-10 00:30 | |
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Bitcoin used for purchase of illegal drugs as Chinese law enforcement tightens clampdown
According to local media news reports, police officers in the customs department of China’s northeastern province, Jilin, have recently stopped a cross-border deal involving drugs paid for by using Bitcoin. дальше »
2019-8-30 01:30 | |
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Kenya Should Pursue Cryptocurrency Adoption, Says National Blockchain Task Force
A crypto and blockchain think tank in Kenya is advising authorities to focus on ensuring cryptocurrency adoption in the country, reports CGTN Africa, July 25, 2019. Meanwhile, there hasn’t been much progress regarding the issuance of standardized regulations for digital assets in Kenya but the central bank says the Facebook Libra project poses a systemicRead MoreRead More. дальше »
2019-7-26 01:00 | |
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US regulation against Bitcoin could be the catalyst for the next upswing
In a recent briefing held by the U. S. Secretary of the Treasury Steven Mnuchin, the U. S. government revealed its stance on cryptocurrencies and the efforts it will carry upon to regulate Bitcoin because of its use in criminal activity and the threat it poses to the financial system. дальше »
2019-7-16 03:56 | |
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Facebook’s Libra Triggers US & UK Alarm Bells; Will Bitcoin Take a Beating?
On CNBC’s Squawk Box, Philip Hammond, the Chancellor of the Exchequer and a senior official within the government of the U. K. , said that Libra, a crypto asset developed by a consortium of companies including Facebook, poses a risk to the global financial system. дальше »
2019-7-15 17:33 | |
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U.S. Federal Reserve Puts Facebook’s Project Libra in the Hot Seat
The United States Federal Reserve Chairman, Jerome Powell, has joined the growing list of authorities calling for the head of Mark Zuckerberg and Project Libra. Powell says Libra’s global cryptocurrency poses serious concerns regarding money laundering, privacy, and a host of others reports CNBC on July 10, 2019. дальше »
2019-7-11 17:00 | |
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Facebook’s Libra Is The Push Behind China’s Latest Move To Develop Its Own Digital Currency
Ever Since Libra was unveiled, it has attracted the attention of several people, from analysts to the US Congress, regulators and most recently, the Asian giant, China. Reports say that China is looking to develop its own digital currency because Libra poses a massive risk to global financial and monetary systems. дальше »
2019-7-10 18:37 | |
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US Congress Wants Facebook to Halt Libra Cryptocurrency Project
Members of the United States Congress have demanded in a letter that Facebook halts development of the Libra cryptocurrency as it poses a threat to the hegemony of the U. S. dollar. This call by the U. дальше »
2019-7-3 15:55 | |
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Inconvenience store: Tacoma shop’s facial recognition AI is a racist nightmare
A convenience store in Tacoma has installed a facial recognition security system to deny customers entry unless they’re approved by an AI. This news has likely been well-received by the city’s discrimination attorneys. дальше »
2019-7-2 03:41 | |
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PreAMo Malware Poses a big Risk to Mobile Cryptocurrency Users
Cryptocurrency users who often rely on mobile devices are prone to various potential security incidents. One recent discovery shows how millions of Android users were at risk of having to deal with PreAMo malware. дальше »
2019-6-25 23:00 | |
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BIS: Facebook’s Foray into Cryptocurrency Poses New Risks for Banks
The Bank of International Settlements warns that financial services offered by big techs such as Facebook, Google and Amazon could create new risks for the banking sector
дальше »2019-6-25 10:05 | |
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NY Times Is Wrong on Facebook, Libra Poses No Systemic Economic Risk
By CCN Markets: The New York Times suggests that Mark Zuckerberg is making a terrible move with his Libra cryptocurrency. The social media behemoth is certainly not early, but that doesn’t mean it won’t get a proper taste of the punch. дальше »
2019-6-21 02:00 | |
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The Impact Of Mining All 21 Million Bitcoins, Scheduled To End Around Year 2040
The Impact Of Mining All The Bitcoins CME CEO Ted Duffy reported to Business Insider a few months ago on his view that Bitcoin’s finite supply poses a problem for regulators. “The governments can’t run unless they can run on a deficit. дальше »
2019-6-4 22:22 | |
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Ripple CEO: Even the Banking Goliaths Will Have to Embrace Crypto, Blockchain Innovation
Ripple’s CEO has argued that the biggest banks have a strong reason to embrace crypto and blockchain innovation, despite the apparent threat it poses to their current oligopoly
дальше »2019-5-21 16:52 | |
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Hacked Exchange Binance to Resume Withdrawals and Deposits, Could Spark Raging Crypto Rally
By CCN: The world’s largest crypto exchange Binance, which temporarily paused deposits and withdrawals following its high profile hack that resulted in the loss of around $49 million worth of bitcoin, is set to fully resume deposits and withdrawals on Tuesday. дальше »
2019-5-13 16:10 | |
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Democratic Congressman Wants to Ban Cryptocurrencies to Keep U.S. International Power
Bradley James Sherman, a Democratic Representative from California, is urging the other Congressmen to join him and work towards outlawing cryptocurrencies in the United States. He is seeking a bill that would stop US citizens from purchasing or dealing with cryptocurrencies, due to the potential threat it poses to the US Dollar as the sovereign […] Democratic Congressman Wants to Ban Cryptocurrencies to Keep U. дальше »
2019-5-10 12:59 | |
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Could Bitcoin’s Biggest Mystery Soon Be Revealed?
Bitcoin has its fair share of mysteries; exactly how it works being one that most users will never understand. But by far the longest standing and most intriguing is the identity of Bitcoin’s creator, Satoshi Nakamoto. дальше »
2019-5-7 03:00 | |
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Dow Nightmare Monday Looms on $200 Billion Trump Chinese Tariff Threat
By CCN. com: The Dow Jones has shown strong momentum from May 2 to 3, recording a recovery of nearly 300 points in merely two days. However, U. S. President Donald Trump’s decision to raise tariffs on $200 billion worth of Chinese goods could hinder the performance of the U. дальше »
2019-5-6 08:37 | |
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Moody’s Report: Blockchain Disruption of Finance Markets Poses Systemic Risk
Mainstream financial institutions are increasingly adopting blockchain technology within their organization, according to a recent report from Moody’s. The Credit Ratings Agency, however, believes that the onboarding of decentralized technology protocols by these institutions could have profound ramifications for the global finance industry. дальше »
2019-4-30 11:00 | |
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Bitcoin [BTC]: Crippling transaction fees poses a threat to crypto-investments
Bitcoin [BTC] is currently maneuvering a market controlled by the bears, and has been consolidating its losses since a sudden collapse on April 25. The largest digital asset even tested the $4,900 level prior to the forced correction, which recovered its value and pushed the coin’s price above $5,000 and $5,300 resistance levels. дальше »
2019-4-30 01:30 | |
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Puzzling Bitcoin Tax Regulations are Causing Quite the Cryptocurrency Community Stir
Andrew Yang is a 2020 presidential candidate who has his sights set on crypto reform. His webpage features a brief titled Crypto/Digital Asset Regulation and Consumer Protection. Therein, he notes that there is an absence of a national framework for crypto and digital assets. дальше »
2019-4-23 19:29 | |
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Komodo Adds Quantum-Resistant Signatures
Komodo has announced that it now offers Dilithium, a quantum-resistant signature scheme, as an optional plugin. Komodo originated as a Zcash-based privacy coin, but it quickly grew into an all-around security-focused platform. дальше »
2019-4-1 19:12 | |
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XRP Price Tries to Move up yet XRP/BTC Remains the Weak Link
When looking at the top cryptocurrency markets right now, it quickly becomes apparent the reliance on Bitcoin is still in place right now. While this poses no problems for most markets, it also seems the current gains are not that spectacular by any means. дальше »
2019-4-1 15:29 | |
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Elon Musk Tweets ‘Wisely’, Poses No Challenges: Tesla’s New Chairwoman
lon Musk uses his Twitter account “wisely” and is being wrongly accused of being reckless by the SEC. That’s the opinion of Tesla’s new chairwoman Robyn Denholm. “Twitter is part of everyday business for many executives today. дальше »
2019-3-28 17:20 | |
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Passive Investing Boom Poses Catastrophic Risk to Dow Recovery
The trend for passive investing has reached new heights. According to a CNBC report, money continues to pump into ETFs tracking bundled assets – e. g. , major indexes like the Dow Jones or S&P 500) – which now make up almost 50% of the entire stock market. дальше »
2019-3-21 21:10 | |
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Quantum Computing and Blockchain Transparency May Not Fare Well for Bitcoin Whales: IBM VP
The vice president of blockchain and digital currencies at IBM says that quantum computing poses a real near-term threat to digital assets such as Bitcoin (BTC) and Ethereum (ETH). Lund said this in a recent interview with Fred Schebesta of Finder. дальше »
2019-3-18 20:43 | |
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IBM Executives: Quantum Computing Poses an Imminent Threat to Cryptocurrencies
CoinSpeaker IBM Executives: Quantum Computing Poses an Imminent Threat to CryptocurrenciesQuantum computing is slowly spreading in the digital world with IBM on the forefront with the launch of their quantum computers. дальше »
2019-3-18 17:04 | |
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Bitcoin for Starbucks Coffee Poses Significant Tax Filing Issues
Using Bitcoin to pay for coffee at Starbucks might come with some difficult implications as far tax filings are concerned. Increased Bitcoin Tax Filing Palaver As reported by Bitcoinist, part of the Bakkt launch will see the adoption of Bitcoin payment for coffee at Starbucks. дальше »
2019-3-7 19:00 | |
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Canada Tax Agency Poses Probing Questions to Cryptocurrency Owners
The Canada Revenue Agency (CRA) has sent an extremely detailed questionnaire to citizens it believes to be in possession of cryptocurrency. Those suspected of failing to disclose the full extent of their holdings have been asked whether they use a cryptocurrency mixing service, and if so, why. дальше »
2019-3-7 16:15 | |
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EOS Price Surge Continues as $3.75 Resistance Poses no Real Problems
There are still some questions as to whether or not the bullish momentum affecting different cryptocurrencies will last. For now, it seems no real problems have been detected as of yet, although some hourly charts are not looking too promising. дальше »
2019-3-6 11:13 | |
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Analyst: ‘Bitcoin Poses Existential Threat To Visa, Mastercard, and Paypal’
Investors should not ignore cryptocurrencies’ threat to incumbent payment services like Visa, Mastercard, and PayPal, according to Lisa Ellis. In a note to clients, the MoffetNathanson analyst said that emerging use-cases could pose an existential crisis in the future. дальше »
2019-3-6 03:00 | |
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Tesla Worries Wall Street as Employees are Blindsided by Store Closures
Last week, Tesla CEO Elon Musk slashed the price of the Model 3 to $35,000 as a part of a larger strategy to compete against conventional car makers and increase profitability. In a letter sent to employees, Musk disclosed that the company generated its first profit in the third quarter of last year and will prioritize financial stability in the years ahead. дальше »
2019-3-5 16:41 | |
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JPM Coin’s Emergence Poses a Threat to Ripple (XRP), but Is far from Killing Bitcoin
JP Morgan, one of the worlds largest banks, made a surprising move to get into the digital currency space by creating JPM coin, which would be used to settle transactions between clients of its wholesale payments business instantly. дальше »
2019-2-23 00:00 | |
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Crypto Diehard Novogratz: Big Brother’s Presence Is Bullish For Bitcoin (BTC)
Big Brother Is Here, And That’s Good For Crypto Bitcoin’s value proposition has taken a number of forms over the project’s decade-long lifespan. While theses regarding the de-facto “digital gold” status of Bitcoin (BTC) have become popular, what has slipped under the radar is the value that the cryptocurrency poses in a digitized authoritarian society. дальше »
2019-2-15 10:52 | |
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Moonday Mornings: Google Play caught hosting cryptocurrency-stealing app
If you were to place a bet on what stories would be included in Moonday Mornings each week, what would you say? A dodgy cryptocurrency stealing app? A lawsuit? Maybe some new research that kills some hype? Or maybe even some news of government organizations joining the party? Well, you’d be right if that’s what you guessed. дальше »
2019-2-11 12:52 | |
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Cryptocurrency Independence Under Threat As Regulation Encroaches
For governments, cryptocurrency is becoming too mainstream to ignore and too chaotic to neglect. Across the world, government agencies are targeting crypto investors not only with taxes but mandatory registration and full disclosure rules. дальше »
2019-2-4 16:03 | |
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Crypto Firms Flock to Estonia: Is the Country’s E-Residency Program a Giant Loophole for Money-Laundering?
Estonia’s e-Residency program allows location-independent non-citizens and firms to access services such as banking digitally. Cryptocurrency firms have particularly embraced the program warmly with around 600 of them estimated to be registered there currently. дальше »
2019-2-2 15:30 | |
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Blame Banks for Damaging the Environment – Not Bitcoin
Another mainstream media outlet has published a piece warning of the dangers Bitcoin poses to the environment. We’ve heard these overly simplistic arguments countless times before. But even if one was to accept that Bitcoin’s energy consumption is substantial, the figure still pales in significance to traditional financial institutions, whose carbon footprint is colossal. дальше »
2019-1-21 20:12 | |
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