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Dow Bounces Back Because July Rate Cut Odds Ballooned to 89%
By CCN Markets: The Dow and broader U. S. stock market advanced on Thursday, as investors found a silver lining in the recent string of downbeat data releases. By this time next week, markets will have a clearer picture of whether the Federal Reserve will indeed lower interest rates at its end-of-July policy meeting. дальше »
2019-6-14 22:16 | |
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Dow Jones: Hidden Economic Boom Won’t Stop Fed Rate Cut
By CCN Markets: The Dow Jones bounced back into recovery mode on Thursday, regaining its momentum from an initial breakout above 26,000 last Friday. Heading into the afternoon session, the Dow had gained 53. дальше »
2019-6-14 20:26 | |
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Draft Bill in Brazil Will Require Public Administration to Use Blockchain in New ‘Digital Government’ Push
Ten federal officials introduced a draft bill with the Chamber of Deputies in Brazil. If passed, public administrations would have to use emerging technologies to improve public services. As blockchain technology grows in its use cases, governments around the world are making sure to capitalize on it. дальше »
2019-6-13 14:00 | |
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California man gets 10 years for selling drugs for Bitcoin on dark web
A US man who sold narcotics on the dark web in exchange for Bitcoin has been sentenced to 10 years in federal prison. Tyler Reeves, who sold the drugs under the moniker “Platinum45,” was sentenced on Monday by by United States District Judge James V. дальше »
2019-6-13 12:34 | |
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Dow Futures Bleed Out as Morgan Stanley Rings Recession Alarm
By CCN Markets: Dow Jones futures extended losses in early trading Wednesday after Morgan Stanley cautioned investors over a possible recession. Even with Federal Reserve rate cuts on the horizon in July, Morgan Stanley equities strategist Michael Wilson warned it might be too little, too late to prevent a recession. дальше »
2019-6-12 14:10 | |
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New Report “Bringing Blockchain Into Government” Aims to Assist Federal Government with DLT Apps
Can Blockchain-Powered Apps Improve Routine Government Procedures? According to a recently published report, the Data Foundation and IT firm ‘Booz Allen Hamilton’ have put forth a number of guidelines in order to help the US Federal government implement various blockchain initiatives within its existing digital framework. дальше »
2019-6-11 20:11 | |
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FBI charges NiceHash founder over dangerous dark web malware (again)
The Federal Bureau of Investigation (FBI) is chasing hackers — including the founder of cryptocurrency mining marketplace NiceHash — over an alleged plot to create and distribute malware through major dark web forum Darkode. дальше »
2019-6-12 16:40 | |
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Hackers steal 100,000 traveler photos from border patrol database
US Customs and Border Protection (CBP) officials on Monday said that one of its subcontractors had been breached in a “malicious cyberattack,” exposing images of travelers coming in and out of the country. дальше »
2019-6-11 09:29 | |
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New Report Reviews Blockchain Applications by US Federal Government
The Data Foundation and Booz Allen Hamilton have come up with five key questions federal entities should ask when considering blockchain solutions
дальше »2019-6-11 03:13 | |
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Dow’s Absurd Rally Intensifies as Markets Flip Script on Toxic Data
By CCN: The Dow and broader U. S. stock market extended their relief rally to a fourth day on Thursday after dismal jobs data bolstered expectations that the Federal Reserve will slash interest rates this summer. дальше »
2019-6-7 21:55 | |
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Dow 35,000: Trump Rails at Fed for Wiping 10,000 Points Off the DJIA
By CCN: President Donald Trump doubled down on his longstanding claim that the stock market would be 10,000 points higher if the Federal Reserve hadn’t raised interest rates during his first term. дальше »
2019-6-7 19:17 | |
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Bitcoin a Good Buy if Trade Tension Persists, Admits Wall Street Skeptic
By CCN: The frequently volatile stock market provides rare hideouts for investors but one of them could be bitcoin, according to Mr. Peter Boockvar of Bleakley Advisory Group. The chief investment officer said this week that a sharp rise in bitcoin price indicated that investors were unsure about the Federal Reserve’s stance on interest rate cuts, as well as about the outcome of an ongoing trade war between the US and China that kept buying sentiment weaker in both the Western and Asian stock markets. дальше »
2019-6-7 11:28 | |
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Crypto Valley association announces additional Microsoft, Consensys, and Bitcoin Suisse Partnerships for Crypto Valley Conference 2019
The speaker list for the event has also been supplemented with representatives from the Swiss Federal Department of Finance, Binance, Parity and more. The Crypto Valley Association has announced new speakers for this year’s Crypto Valley Conference, taking place from 24-26th June 2019, in association with the Lucerne University of Applied Sciences and Arts. дальше »
2019-6-7 10:25 | |
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In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U. дальше »
2019-6-6 21:52 | |
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Experts Reveal the Devastating Truth About This Stock Market Rally
By CCN: In the past four days, the Dow Jones has climbed from 24,721 points to 25,677 as a dovish Federal Reserve launched the U. S. stock market into a strong short-term recovery. Futures market traders believe there is a 75 percent chance of an interest rate cut by the end of July, subsequent to the scheduled June policy meeting. дальше »
2019-6-6 21:51 | |
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Dow Pumps After Fed Capitulation Takes Stock Market Off Life Support
By CCN: The Dow and broader U. S. stock market extended their relief rally on Wednesday, as traders continued to raise bets that the Federal Reserve will cut interest rates following its July policy meeting. дальше »
2019-6-6 22:16 | |
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Dow Booms on Fed Bailout, But Trump’s Ruthless Threats Spoil the Party
By CCN: The Dow bounced by triple digits for the second consecutive day on Wednesday, as the stock market looked to assemble a June winning streak to reverse the fallout from a brutal May. However, as investors pine for a Federal Reserve “bailout,” Donald Trump’s latest international threats and scattershot economic strategy could once again spoil Wall Street’s party. дальше »
2019-6-5 17:10 | |
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Dow Futures Rages Higher as Short-Sellers Get Slaughtered in Bloodbath
By CCN: Dow Jones futures ripped higher in early trading Wednesday as short-sellers were forced to close out their positions. The epic short squeeze whipped up more momentum for the full-throttle rally that pushed the Dow to its second-best day of the year on Tuesday. дальше »
2019-6-5 14:23 | |
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FBI Seeks for QuadrigaCX Victims to Aid Ongoing Investigation
According to a report by the Federal Bureau of Investigation (FBI) on June 3, 2019, it is conducting an ongoing investigation alongside the Internal Revenue Service Criminal Investigation (IRS-CI), the United States Attorney’s Office for the District of Columbia, and the Department of Justice’s Computer Crime and Intellectual Property Section to seek victims who lostRead MoreRead More. дальше »
2019-6-5 13:00 | |
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Vancouver mayor suggests Bitcoin ATM ban to stop money laundering
Vancouver has cryptocurrency growing pains. The city’s police labeled Bitcoin ATMs an “ideal money laundering vehicle,” and its mayor has even suggested a complete ban. Experts and local businesses have instead called for federal money services regulations to be changed to include Bitcoin ATMs, reports The Star. дальше »
2019-6-5 12:47 | |
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Meteoric Dow Jones Rally is Nothing But Smoke & Mirrors
By CCN: The Dow and broader U. S. stock market rebounded sharply on Tuesday after Federal Reserve Chairman Jerome Powell more or less laid the groundwork for rate cuts in the near future. The Fed chief’s comments came less than a day after CCN reported that Wall Street was becoming more convinced that the era of ultra-loose monetary policy would return very soon. дальше »
2019-6-4 22:02 | |
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This Stock Market Lifeline Could Come from a Surprising Place: Australia
By CCN: The U. S. stock market struggled for much of the past month, sending the S&P 500, Dow Jones, and Nasdaq lower amid a rapidly-intensifying U. S. -China trade conflict. However, a growing number of equity strategists expect the Federal Reserve to slash its benchmark interest rate, and the impetus for that policy shift could come from a surprising location: Australia. дальше »
2019-6-4 18:37 | |
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FBI asks victims of bankrupt QuadrigaCX cryptocurrency exchange to start snitching
The Federal Bureau of Investigation (FBI) is stepping up its probe into defunct Canadian cryptocurrency exchange QuadrigaCX. In an announcement yesterday, the FBI asked victims affected by the QuadrigaCX collapse to come forward and complete a questionnaire to aid with its “ongoing investigation. дальше »
2019-6-4 16:18 | |
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Dow Futures Surge as Billionaire Investor Speculates Fed Fund Rate Plunge to Zero
By CCN: Dow Jones futures carved out a spirited triple-digit rally in early trading on Tuesday as the market priced in a more dovish Federal Reserve policy. Traders now expect a series of interest rate cuts at the Fed beginning as soon as July. дальше »
2019-6-4 14:26 | |
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FANG Bloodbath: Facebook and Google Plunge Amid Antitrust Probes
By CCN: The Trump administration’s trifecta of antitrust investigations of Silicon Valley tech giants triggered a mass selloff of FANG stocks on Monday. Notably, Facebook stock got hammered amid revelations that the Federal Trade Commission launched an antitrust probe to determine if it engages in monopolistic practices. дальше »
2019-6-4 23:35 | |
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Dow Pares Brutal Losses, but Thunderous Recession Warnings Fuel Rate Cut Bets
By CCN: The Dow and broader U. S. stock market traded mixed-to-lower on Monday, as plunging technology shares and elevated trade-war risks weighed on investor morale. Market participants are becoming more convinced that the Federal Reserve will begin cutting interest rates as early as this summer to stave off recessionary headwinds. дальше »
2019-6-4 22:14 | |
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Boeing Stock: Forecast Darkens as BA Plunges Toward 5-Month Low
By CCN: If you thought things couldn’t get any worse for Boeing stock (BA), you were very, very wrong. After weeks of constant scrutiny, the aerospace giant’s 737 MAX aircraft has suffered another brutal setback, and it sent the Dow’s largest component careening toward a five-month low. дальше »
2019-6-4 19:48 | |
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Google Faces Likely Antitrust Probe by the US Dept of Justice: Report
By CCN: Google parent company Alphabet is on the hot seat with the U. S. Department of Justice. The Wall Street Journal reported Friday that the DOJ is preparing an antitrust investigation into the internet search giant. дальше »
2019-6-1 06:30 | |
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Man Sentenced for Illegal Money Transmission Services on LocalBitcoins
U. S. citizen Morgan Rockcoons has been sentenced to fines and prison time for running unlicensed money exchange services on LocalBitcoins. Advertising himself on the peer-to-peer bitcoin trading network, Rockcoons made more than 1,000 transactions with hundreds of different users. дальше »
2019-6-1 18:55 | |
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Dow Eyes Surprising Recovery as Fed Rate Cut Rumors Swirl
By CCN: The Federal Reserve has consistently rebuffed pressure to conform its interest rate policy to the Trump administration’s wishes. However, as the trade war rages, some analysts believe the Fed could cut its benchmark rate by the year’s end, capitulating to the White House and providing the Dow Jones with much-needed positive momentum. дальше »
2019-5-31 18:40 | |
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Las Vegas Man Jailed for Operating Illegal Bitcoin Trading Business
Anthony J. Battaglia, a United States federal judge for the Southern District of California has sentenced Morgan Rockcoons, a Las Vegas, Nevada resident to nearly two years in prison for wire fraud and running an unlicensed money transmitting business, according to a press release on May 28, 2019. дальше »
2019-5-30 09:00 | |
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Germany: BaFin Accuses Crypto Exchange Coinbene of Unregistered Trading
The Federal Financial Supervisory Authority of Germany, commonly referred to as BaFin, on May 28, 2019, issued a warning against cryptocurrency exchange Coinbene stating that it was operating without a license. дальше »
2019-5-30 01:00 | |
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US Federal Attorney: Bitcoin Used to Indict Suspected Fentanyl, Proves It is No Good for Evading Authorities
Another suspected dark web drug dealer is about to stand trail because he wrongly believed Bitcoin transactions were entirely anonymous. This has prompted the US Attorney for the Northern District of Texas, Erin Nealy Cox, to issue a warning for all those attempting to deal drugs online using Bitcoin. дальше »
2019-5-30 00:00 | |
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A German minister wants access to your encrypted WhatsApp and Telegram messages
If you’re living in Germany, you should be careful about what you’re texting. Because according to Spiegel Online, the country’s Federal Interior Minister, Horst Seehofer, wants encrypted messaging services like WhatsApp and Telegram to provide chat logs in plain text to the authorities. дальше »
2019-5-29 12:19 | |
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Financial Regulators in Germany Have Received Zero Cryptocurrency Fraud Compliants To-Date
The financial regulatory authority of Germany claims that it has no knowledge of “Cyber Incidents” or market manipulation on trading platforms in the country. This is according to a recently uploaded press release on May 28. дальше »
2019-5-29 01:18 | |
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Cryptocurrency’s potential can be preserved by ‘wise regulations’, claims former United States Mint Director
Cryptocurrency’s recent status in the limelight has compelled federal agencies to deploy new sets of regulations. The former Director at the Unites States Mint, Honorable Edmund C. Moy, in his latest interview, highlighted the possibility of fiat and cryptocurrencies co-existing. дальше »
2019-5-28 15:30 | |
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China Throws Bitcoin-Mining Grandma in Jail for Electricity Theft
By CCN: Chinese authorities sentenced a 61-year-old grandmother to four months in jail for stealing electricity while mining bitcoin. Qiuping Tang was also fined 10,000 yuan (about $1,500) for electricity theft. дальше »
2019-5-28 20:15 | |
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Apple’s privacy reputation at risk with new iTunes class-action lawsuit
Apple has marketed itself as a company that puts customers’ privacy first, but a new class-action lawsuit claims to the contrary. Leigh Wheaton, Jill Paul, and Trevor Paul — three iTunes users from Rhode Island and Michigan — filed a federal lawsuit against the Cupertino-based tech giant alleging that the company unlawfully collects and sells their iTunes listening information to third parties without informed consent. дальше »
2019-5-27 11:23 | |
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JPMorgan Forecasts Dismal 1% GDP Growth, Signals Possible Rate Cut
By CCN: The other shoe could be about to drop in the economy. JPMorgan economists in a report predict the second quarter will witness slowed economic growth. They’re expecting U. S. GDP to expand by a measly 1%, lower than their original predictions of 2. дальше »
2019-5-25 01:26 | |
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Brazil: Criminal gang dupes 55,000 Brazilians of over $200 million via crypto-investment scheme
Federal Revenue Service, the financial governing body of Brazil, announced that a criminal gang duped 55,000 investors by swindling over $200 million. All of these investors were duped by the gang by promising exponential returns, the FRS stated. дальше »
2019-5-24 13:30 | |
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SpaceX проверит работу двигателей Raptor в испытании прототипа корабля Starhopper
Компания Илона Маска SpaceX в рамках тестового запуска прототипа корабля Starhopper испытает мощнейшие двигатели Raptor. В заявке, направленной американскому регулятору Federal Communications Commission, указано, что местом проведения испытания станет техасский полигон для тестовых полетов в Бока-Чика. дальше »
2019-5-23 15:55 | |
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Elon Musk Cries Foul After US Govt Chooses Rival Rockets Over SpaceX
By CCN: Elon Musk must be feeling the pressure of his SpaceX and Tesla empires crumbling. SpaceX filed a lawsuit against the federal government, alleging the Air Force Space and Missile Systems Center shouldn’t have awarded billions in contracts to other firms – including Jeff Bezos’ Blue Origin. дальше »
2019-5-23 04:45 | |
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Dow Slices Triple-Digit Loss as Deflated Fed Hawks Suffer Brutal Defeat
By CCN: The Dow and broader U. S. stock market pared losses Wednesday after the minutes of the latest Federal Reserve policy meeting seemed to confirm that interest rates will remain on hold for the foreseeable future, thrusting the warnings of Fed hawks to the garbage heap. дальше »
2019-5-22 22:10 | |
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Australian Civil Servant Caught Mining Crypto With Government Hardware
The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release. дальше »
2019-5-22 18:47 | |
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Russia’s KGB Successor Warns Terrorists are Turning to Cryptocurrencies
By CCN: Terrorist organizations getting support in the form of cryptocurrency are becoming the norm, according to Russia’s FSB director Alexander Bortnikov. As per local news portal RBC, citing media agency Tass, the chief of Russia’s Federal Security Service (the FSB’s successor) reported on the latest updates in the international terrorist networks at a meeting of the heads of security agencies of Commonwealth of Independent States (CIS) member states. дальше »
2019-5-22 13:11 | |
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