JPMorgan CEO: Bitcoin ＂Worthless＂
On Monday, JPMorgan Chase (JPM.US) CEO David Dimon told the International Finance Associations annual virtual conference that cryptoc...
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Puerto Rico to Build World Bitcoin Center to Resist State Corruption
Dec 08, 202111549 Views
Dec 08, 2021
Puerto Rico's House Speaker Rafael "Tatito" Hernandez said the growing blockchain industry could bring more accountability and transparency to the public sector in an effort to fight state corruption, the company said Dec. 8. He hopes his country can become one of the cryptocurrency hubs of the planet. Earlier this year, Cuba, another Caribbean island nation, announced plans to adopt cryptocurrencies as a tool to overcome the country's financial turmoil.
Puerto Ricos House Speaker Rafael Tatito Hernandez said the growing blockchain industry could bring more accountability and transpare...
Share InMusk says CEO is a false title
Dec 08, 202112797 Views
Dec 08, 2021
Musk said on Twitter today that he has given himself a new look. Earlier, Musk said at the Wall Street Journal's CEO Council Forum that CEO is a fake title and that he has changed his title at Tesla to "Technoking", which has been officially approved.
Musk said on Twitter today that he has given himself a new look. Earlier, Musk said at the Wall Street Journals CEO Council Forum tha...
Share InU.S. Congress to Vote Wednesday on Libor Bill
Dec 08, 20219463 Views
Dec 08, 2021
Dec. 8 ，The House of Representatives plans to vote Wednesday on a measure that would protect $16 trillion in financial contracts from legal chaos when the London Interbank Offered Rate (Libor) expires, House Majority Leader Hoyer's office said. Lawmakers will vote on Democratic Rep. Brad Sherman's amendment, which would require a two-thirds majority to pass and then would go to the Senate. The proposal was previously shelved due to controversy over whether the IRS could recalculate a business's tax liability in the contract transition. Theoretically, the IRS move could erode banks' profits.
Dec. 8 ，The House of Representatives plans to vote Wednesday on a measure that would protect $16 trillion in financial contracts fr...
Share InPantera Capital CEO: U.S. Treasuries Are the Biggest Ponzi Scheme in History, Cryptocurrencies Are a Better Option
Dec 08, 202113542 Views
Dec 08, 2021
Dec. 8， Dan Morehead, founder and CEO of cryptocurrency fund Pantera Capital, said that the Federal Reserve's policies have created a bubble in the bond market and that investors should turn to buying digital assets. dan Morehead also said that bond investors will suffer a complete blow when the Federal Reserve stops manipulating the bond market and that the U.S. should stop Bitcoin's entanglement and focus on itself. The largest Ponzi scheme in history is the U.S. Treasury and mortgage bond market, at $33 trillion, which is all driven by a non-economic player that dominates and trades based on material, non-public information. As the bond market bubble begins to burst, Bitcoin and crypto-assets could become a hedging tool.
Dec. 8， Dan Morehead, founder and CEO of cryptocurrency fund Pantera Capital, said that the Federal Reserves policies have created...
Share InVisa Launches Crypto Advisory Services for Global Financial Institutions
Dec 08, 202114134 Views
Dec 08, 2021
Payments giant Visa has issued a statement saying the company has officially launched a global crypto advisory service for financial institutions designed to help them grow their crypto businesses, advise banks on their crypto strategy and execution, and help them build dedicated crypto teams," said Cuy Sheffield, head of crypto at Visa. play a key role in building a bridge between the crypto ecosystem and that every bank should have a crypto strategy." Cuy Sheffield sees a turning point in the financial markets over the past nine months as banks begin to realize that their consumers want to use cryptocurrencies, while at the same time banks are trying to figure out how to better service crypto businesses like exchanges and wallets.
Payments giant Visa has issued a statement saying the company has officially launched a global crypto advisory service for financial...
Share InU.S. Regulators Call for Investigation of Meta's Novi Digital Wallet
Dec 08, 20218900 Views
Dec 08, 2021
Dec. 8 (Bloomberg) -- Financial Reform and Demand Progress and the Open Markets Institute are calling on the U.S. Department of Justice and other regulators to investigate the Novi digital wallet launched by Meta (Facebook) to see if Meta is accepting deposits without a banking license approved by the Office of the Comptroller of the Currency.
Dec. 8 (Bloomberg) -- Financial Reform and Demand Progress and the Open Markets Institute are calling on the U.S. Department of Justi...
Share InCrypto Trading Platform Upbit Launches 24-Hour Call Center Dedicated to Phone Fraud
Dec 08, 202112129 Views
Dec 08, 2021
Upbit, a Korean virtual currency trading platform, said it will open a 24-hour call center dedicated to telephone financial fraud, disclosing major crime examples and victimization prevention codes. Upbit has also disclosed the means of changing outgoing numbers, intercepting calls, and remote control hacking of smartphones used in recent cases of virtual asset-related crimes, as well as the corresponding prevention guidelines.
Upbit, a Korean virtual currency trading platform, said it will open a 24-hour call center dedicated to telephone financial fraud, di...
Share InRBI deputy governor Sankar: central bank digital currency will be an electronic version of paper money
Dec 08, 202113840 Views
Dec 08, 2021
Dec. 8， RBI deputy governor Sankar said work on two types of central bank digital currency is underway, the central bank digital currency will be an electronic version of paper money, and the main challenge facing the central bank digital currency is digital fraud .
Dec. 8， RBI deputy governor Sankar said work on two types of central bank digital currency is underway, the central bank digital cu...
Share InKaspersky: Phishing Attack on bZx Likely Executed by Lazarus Hacker Group, which Has Close Ties to North Korea
Nov 12, 20218202 Views
Nov 12, 2021
Nov. 12,U.S. cybersecurity firm Kaspersky's investigation into the leak of the private keys of margin trading lending platform bZx found that the phishing attack against bZx was likely carried out by the Lazarus (Bluenoroff Advanced Persistent Group) group, which has a long history of attacking financial institutions and cryptocurrency currency exchanges, has close ties to North Korea, and is known as a state-sponsored hacking group. The Kaspersky investigation analyzed a number of attacks conducted by Lazarus in 2017, 2019 and 2020 and found similarities between the phishing emails for that private key incident and the tools used in previous attacks. In previous news, on November 5, the private keys deployed by the margin trading lending platform bZx at Polygon and BSC were compromised, resulting in the theft of more than $55 million in funds, in a phishing attack that targeted bZx developers.
Nov. 12,U.S. cybersecurity firm Kasperskys investigation into the leak of the private keys of margin trading lending platform bZx fou...
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From cloud computing power to super computing power, SolaRoads global AI supercomputing supply platform sets off a new form of computing power
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D-NFT officially listed tomorrow chain mining, miners mortgage D-NFT token directly to get ETH
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