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U.S. Economy Recession Alert: Private Jobs Data Shows Hiring Slowdown
It is widely believed that the U. S. economy is heading toward a recession. The bad news is that the belief could turn into reality very soon as multiple recession indicators have started flashing all of a sudden. дальше »
2019-10-2 21:48
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Court upholds FCC net neutrality repeal, but there’s still hope
A federal appeals court today ruled to uphold the FCC‘s 2017 repeal of net neutrality laws, meaning Ajit Pai’s rollback of the Obama-era laws will stand. However, the court did offer an avenue for those who wish to try getting it reinstated in their state, because it turns out the FCC doesn’t have the authority to ban that. дальше »
2019-10-2 01:45
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Zuck says he’s ready for a fight if Elizabeth Warren is elected
Facebook CEO Mark Zuckerberg is getting his employees ready for what could turn out to be the biggest threat his company’s faced yet: a 70-year-old woman from Oklahoma. Of course, democratic presidential candidate Elizabeth Warren isn’t just anyone. дальше »
2019-10-2 01:29
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After Epic Flash Crash, Gold Price Rebounds: 3 Reasons Why
The price of gold bounced back sharply on Tuesday, erasing a portion of Monday’s brutal drop after a protracted downturn in the manufacturing sector sapped risk sentiment from the market. Gold for December settlement, the most actively traded futures contract, reached a session high of $1,493. дальше »
2019-10-2 23:00
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U.S. Manufacturing Data Shows Recession Is Almost Here
The calls for a recession in the U. S. are getting stronger by the day, and the latest manufacturing data for the month of September is more fodder for the doomsayers. According to the latest Institute for Supply Management (ISM) PMI report, September manufacturing activity in the U. дальше »
2019-10-2 20:07
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Coinbase, Kraken, Poloniex, and Bittrex Devise Security Token Rating Framework
Major cryptocurrency exchanges have come together to formulate a rating model for cryptocurrencies to justify the listing of a cryptoasset to American regulators, as reported by Wall Street Journal, September 30, 2019. дальше »
2019-9-30 16:09
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Report: LedgerX Claims Ex-CFTC Chairman Stalled Approvals Due to Personal Bias
Crypto derivatives firm LedgerX alleges that former CFTC chairman Christopher Giancarlo obstructed the approval of its DCO registration due to personal bias
дальше »2019-9-30 12:50
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DoorDash leaves door open for data breach, affecting 4.9M people
It’s that time to change your passwords again. Popular on-demand food delivery platform DoorDash has confirmed a data breach affecting 4. 9 million customers, workers, and merchants. The data was accessed by an unnamed third-party service provider on May 4, including profile information such as names, emails, delivery addresses, phone numbers, hashed and salted passwords, as well as the driver’s license numbers of nearly 100,000 delivery executives. дальше »
2019-9-27 08:02
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Dow Futures Sputter Ahead of Pivotal GDP Revision
Futures on the Dow Jones and broader U. S. stock market struggled for direction in overnight trading Thursday, as investors braced for the Commerce Department's third and final reading of second-quarter gross domestic product (GDP). дальше »
2019-9-27 06:57
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U.S. Accounting Firm H&R Block Offers Cryptocurrency Tax Consulting
H&R Block, a New York Stock Exchange-listed global consumer tax services provider, on September 24, 2019, announced the launch of a new consumer service that would aid people engaging in digital currency transactions correctly file their crypto gains and losses with the Internal Revenue Service (IRS). дальше »
2019-9-26 21:00
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The Los Alamos nuclear weapons lab just bought a 5,000-qubit quantum computer
D-Wave today announced its next generation “Advantage” quantum computer system. It’ll pack a whopping 5,000 qubits and myriad improvements to processing speed and power. And the Los Alamos National Laboratory in New Mexico will be among the first to have access. дальше »
2019-9-25 01:14
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ICE is on the hunt for a new DevOps company thanks to a software engineer’s protest
Open-source technology company Chef has finally decided having a relationship with the US government isn’t worth alienating the developer’s community it thrives on. After spending nearly a week defending its decision to continue working with ICE and CBP, CEO Barry Crist today announced the company would not renew those contracts in the future. дальше »
2019-9-24 00:03
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Jamie Dimon Quashes Recession Fears — Here's Why He's Wrong
Despite worries of an impending global recession, Jamie Dimon is still feeling rather positive about the state of the U.S. economy — but his sentiment might be misguided. The J.P. Morgan Chase chairman says his gut feeling is that the American economy isn't nearing a turn for the worse — telling reporters at the Business […] The post Jamie Dimon Quashes Recession Fears — Here's Why He's Wrong appeared first on CCN.com дальше »
2019-9-19 23:03
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Recession-Blind Federal Reserve Cuts Interest Rates to 1.75%
The Federal Reserve’s recalibration of monetary policy continued Wednesday, as officials voted to lower the benchmark interest rate by 25 basis points. Although the decision was widely expected, traders had grown skeptical about the prospect of another rate cut in the days leading up to the meeting. дальше »
2019-9-18 21:10
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4 Countries That Really Don't Like Facebook's Crypto Libra
Governments around the world went on high alert after American social media giant Facebook announced a permissioned blockchain digital currency, named Libra. Unsurprisingly, the prospect of a privately-backed alternative digital currency didn't exactly excite financial regulators in North America, Europe, and Asia. дальше »
2019-9-18 11:37
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US DoJ wants to seize profits from Ed Snowden’s new book because it violated his NDA
The US justice department has sued whistleblower Edward Snowden, following the release of his new book, Permanent Record. The department alleges this book violates a non-disclosure agreement Snowden signed with the Central Intelligence Agency (CIA) and the National Security Agency (NSA) while working as a contractor for the two agencies. дальше »
2019-9-18 08:38
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General Motors (GM) Faces Crippling Losses as Autoworkers Strike Enters Day 2
Detroit automaker General Motors Co (GM) could lose up to $50 million per day in earnings after the United Auto Workers (UAW) union orchestrated its first walk out against the company in 12 years. дальше »
2019-9-18 23:30
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Binance.US reveals 3-tiered account verification process to comply with United States’ regulatory climate
Malta-based cryptocurrency exchange Binance made news a few months ago after it announced that it would restrict its services for U. S. residents. Despite gaining about 15% of its monthly traffic from the United States, Binance geo-blocked U. дальше »
2019-9-17 18:00
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Here’s Why the Fed Is Getting Cold Feet About Cutting Interest Rates
Will the Federal Reserve cut interest rates after its meeting on Wednesday? If you asked traders this question a few weeks ago, they would tell you with more than 95% certainty that another rate cut was happening in September. дальше »
2019-9-17 01:00
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California Politician Purchases Cannabis with Cryptocurrency
A Berkeley councilmember became the first elected official to buy cannabis with cryptocurrency, according to a report by a Californian student newspaper, The Daily Californian on September 16, 2019. The introduction of cryptocurrency into the cannabis industry would help create more awareness for both industries. дальше »
2019-9-17 23:00
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U.S. Treasury Sanctions Notorious North Korean Hacking Groups
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed strict sanctions on “Lazarus,” “Bluenoroff,” and “Andariel,” three North Korean state-run hacking groups that have allegedly hacked several bitcoin trading venues, banks and other financial institutions, in an effort to fund the region’s nuclear weapons and ballistic missile programs, reportsRead MoreRead More. дальше »
2019-9-16 17:00
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Twitter’s refusal to dox a cow stymies Republican’s $250M lawsuit
US Rep. Devin Nunes can’t seem to catch a break. First, despite his memo blaming Obama and the FBI for all the evils in the world, his fellow former members of the Trump transition team keep getting indicted for being bad at crime. дальше »
2019-9-14 21:31
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Iranian Cryptocurrency Miners Offered Tax Exemption Conditions
The Iranian National Tax Administration (INTA) has announced that cryptocurrency miners in the country will be given a tax exemption if they bring their foreign earnings back into the country, as reported by Financial Tribune, September 12, 2019. дальше »
2019-9-12 15:00
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ICE is paying an Israeli security company $30M to break into phones
The US Immigration and Customs Enforcement (ICE) has expanded its partnership with Israeli digital forensics firm Cellebrite to unlock and extract data from mobile phones, reports The Daily Beast. дальше »
2019-9-12 11:38
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Uber won’t reclassify drivers as employees, despite California’s AB5 ruling
Uber has said it has no plans to reclassify its vast army of drivers as employees, in light of the the gig workers’ rights bill passed in the California Senate yesterday. “We continue to believe drivers are properly classified as independent, and because we’ll continue to be responsive to what the vast majority of drivers tell us they want most — flexibility — drivers will not be automatically reclassified as employees, even after January of next year,” the company said in a statement. дальше »
2019-9-12 09:40
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Binance Alternatives for US-Based Altcoin Investors and Crypto Traders
Tomorrow, Binance will close trading and deposits for US-based crypto investors and traders, cutting off access to much of the altcoin market. And while that’s likely a positive thing for crypto investors who have been burned by altcoin assets in the past, there are a number of alternatives US-based traders can visit to get a. дальше »
2019-9-12 22:00
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Facebook: Libra Cryptocurrency Faces Strict Regulatory Standards from U.S. Treasury
United States Treasury Under Secretary of Terrorism and Financial Intelligence, Sigal Mandelker, has declared that Facebook’s proposed Libra global cryptocurrency project will not be launched unless Libra complies with tough anti-money laundering (AML) and anti-terrorist financing standards, reports Reuters on September 10, 2019. дальше »
2019-9-11 16:16
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California passes landmark gig workers’ rights bill — here’s what that means
California legislators on Tuesday approved a landmark bill that would consider contractors for companies like Uber and Lyft as “employees. ” The state Senate voted in favor of the bill — dubbed Assembly Bill 5 (AB5) — that would ensure gig economy workers in companies like Uber, Lyft, and DoorDash are entitled to minimum wage, workers‘ compensation, and other benefits. дальше »
2019-9-11 13:02
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Blockstack’s SEC-approved token offering raises $23 million
US-based blockchain startup, Blockstack PBC, is in the news after it announced that it had raised about $23 million in an SEC-approved token offering, making it the first to run a token offering under regulation A+. дальше »
2019-9-11 10:00
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Mozilla pilots its VPN service for Firefox desktop users in the US
Mozilla is officially launching its Firefox Private Network VPN service for desktop users in the US. The VPN service, currently in beta, is part of a pilot experiment to test-drive new, privacy-centric products from the Firefox maker. дальше »
2019-9-11 08:45
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Crypto Research Group Advocate Federal Digital Asset Regulation
Researchers at CoinCenter are in favour of a federal level regulatory framework to overlook intermediaries doing business with crypto assets in the United States. The non-profit organisation argues that the existing state-by-state regulations are a mess and that differing approaches in different jurisdictions limit the innovative potential of the industry. дальше »
2019-9-11 01:00
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PSA: Only 48 Hours Remain for US Crypto Investors to Trade on Binance
Back in June, the world’s most popular crypto exchange, Binance, announced that it would soon be blocking US-based investors from its platform, in order to comply with global regulations. The deadline for US-based investors to cease trading and using Binance is less than 48 hours away. дальше »
2019-9-10 22:00
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China's CPI Inflation Rises in August as Trade War Ravages Producer Prices
China's consumer price index (CPI) rose above trend in August, fueled by a continued surge in food costs and weather-related supply shortages. Factory-gate prices, expressed by the producer price index (PPI), told a completely different story. дальше »
2019-9-10 04:31
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Trump Trade Tussle Squeezes China to Add a 100-Ton Gold Hedge
Growing fears of a full-blown trade war with the U. S. has sent China on a gold-buying spree in a bid to increase its reserves of the yellow metal. According to Bloomberg, the world's second-largest economy increased its bullion holdings by 0. дальше »
2019-9-10 17:24
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Texas says no to ransom demand as it recovers from a ‘coordinated ransomware attack’
Texas officials have said that none of the municipalities impacted by the crippling ransomware attack last month have yielded to the ransom demand. In its first update since August 20, the Texas Department of Information Resources (DIR) — which is leading the investigation into the incident — said more than half of the affected entities have resumed usual operations. дальше »
2019-9-9 15:04
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Ransomware gang breach data backup software used by hundreds of US dental offices
Hundreds of dental offices across the US have been crippled by a ransomware attack targeting a remote data backup service offered by a third-party. PerCSoft and Digital Dental Record (DDR) — the two Wisconsin-based software companies — provide a solution called DDS Safe that delivers triple-layer protection by backing up sensitive medical records to the cloud, an offline workstation, and an in-office hard disk drive. дальше »
2019-8-30 15:28
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Op Ed: Portugal Clarified Its Bitcoin Tax Code; Other Nations Should Take Note
“At the very least, the IRS should heed Portugal’s prudent policy and treat cryptocurrency transactions like typical currency transfers.” The post Op Ed: Portugal Clarified Its Bitcoin Tax Code; Other Nations Should Take Note appeared first on Bitcoin Magazine. дальше »
2019-9-6 23:19
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Trump-appointed NASA head just declared Pluto a planet again
NASA Chief Jim Bridenstine – a politician who’s probably seen one or two episodes of “Cosmos” – has officially declared Pluto a planet again. His reasoning: that’s the way he learned it in high school. дальше »
2019-8-28 02:58
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Facebook Hires Lobbying Firm to Ease Regulatory Pressure on Libra
Facebook is working with a Washington-based lobbying firm to wrestle with the regulatory pushback sparked by its planned in-app global cryptocurrency
дальше »2019-8-27 11:08
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US preps voting systems against ransomware attacks ahead of 2020 elections
The US government is looking to protect voter registration databases and systems from ransomware threats ahead of the 2020 presidential election. The Cybersecurity Infrastructure Security Agency (CISA) — a division of the Homeland Security department instituted by president Donald Trump in November last year — fears the databases could be at the receiving end of a ransomware attack. дальше »
2019-8-27 09:31
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KFC launches test run of ‘miracle’ non-meat nuggets
Kentucky Fried Chicken is testing a new recipe at a restaurant in Atlanta — essentially, it’s going without the “C” of KFC, offering a “Kentucky Fried Miracle” in the form of Beyond Meats’ plant-based fake meat nuggets. дальше »
2019-8-27 01:47
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Congresswoman Maxine Waters “Still Concerned” About Facebook’s Digital Currency Plans
Facebook’s ambitious cryptocurrency project, Libra, continues to face regulatory approvals, as on August 25, 2019, the chair of the U. S. House Financial Services Committee (HFSC), Congresswoman Maxine Waters said that she’s “still concerned” about blue and white social media giant’s digital currency plans. дальше »
2019-8-27 19:00
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NASA astronaut accused of first-ever space crime denies allegations
NASA is reportedly investigating what’s said to be the first ever instance of a space crime. According to a report by The New York Times, the space organization is currently looking into a claim that astronaut Anne McClain improperly accessessed the bank account of her estranged spouse Summer Worden outside the confines of earth — while aboard the International Space Station (ISS). дальше »
2019-8-26 08:29
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Google plays politics with China as it quietly bans state-sponsored YouTube accounts
Google yesterday announced it’d banned 210 YouTube accounts “related to the ongoing protests in Hong Kong” and the discovery was “consistent with recent observations and actions related to China announced by Facebook and Twitter. дальше »
2019-8-24 21:47
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Hackers behind Texas ransomware attacks want $2.5 million
The threat actor behind the coordinated ransomware attack against multiple Texas local governments may have gained access to its computer systems via a third-party software provider. According to NPR, which first reported the development, the attackers want a collective ransom of $2. дальше »
2019-8-23 15:22
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US, France, and Germany Dominate Bitcoin Nodes By Country
Among the many reasons that make Bitcoin unique, is that it’s designed to be a global currency accessed by anyone, anywhere, without restriction. Because of this, the first-ever crypto asset is used across the world in different capacities, affected by culture, economic conditions, regulation, and more. дальше »
2019-8-22 22:00
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Mike Pompeo Buttresses the need for Amenable Bitcoin Regulations
In an interview with CNBC’s Squawk Box on August 2019, United States Secretary of State Mike Pompeo has made it clear that the U. S. must regulate bitcoin and altcoins just like other digital payment systems and electronic financial transactions in the state, to make it harder for bad actors to use them in aiding theirRead MoreRead More. дальше »
2019-8-22 21:00
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Breaking: Louisiana State University Twitter warns of armed intruder, tells students to “Run, Hide, or Fight”
The official Twitter account for the Louisiana State University (LSU) today tweeted a warning to students, faculty and staff at approximately 2:54 PM local time (US central) indicating an armed intruder was on campus The tweet advises those on the premises to “Run, Hide, or Fight. дальше »
2019-8-21 23:36
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Louisiana State University Twitter warns of armed intruder, tells students to “Run, Hide, or Fight” UPDATE: Normal operations have resumed on campus
The official Twitter account for the Louisiana State University (LSU) today tweeted a warning to students, faculty and staff at approximately 2:54 PM local time (US central) indicating an armed intruder was on campus The tweet advises those on the premises to “Run, Hide, or Fight. дальше »
2019-8-21 23:36
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Google disproves Trump’s accusation of vote manipulation
Last night, President Donald Trump tweeted in his signature style accusing Google of manipulating 2. 6 to 16 million votes in Hilary Clinton’s favor in the 2016 Presidential Elections. However, Google swiftly responded by denying all allegations made by Trump. дальше »
2019-8-20 12:56
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