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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. äàëüøå »
2019-9-11 16:16
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. äàëüøå »
2019-9-11 13:02
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+. äàëüøå »
2019-9-11 10:00
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. äàëüøå »
2019-9-11 08:45
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. äàëüøå »
2019-9-11 01:00
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. äàëüøå »
2019-9-10 22:00
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. äàëüøå »
2019-9-10 04:31
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. äàëüøå »
2019-9-10 17:24
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. äàëüøå »
2019-9-9 15:04
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. äàëüøå »
2019-8-30 15:28
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. äàëüøå »
2019-9-6 23:19
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. äàëüøå »
2019-8-28 02:58
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
äàëüøå »2019-8-27 11:08
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. äàëüøå »
2019-8-27 09:31
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. äàëüøå »
2019-8-27 01:47
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. äàëüøå »
2019-8-27 19:00
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). äàëüøå »
2019-8-26 08:29
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. äàëüøå »
2019-8-24 21:47
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. äàëüøå »
2019-8-23 15:22
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. äàëüøå »
2019-8-22 22:00
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. äàëüøå »
2019-8-22 21:00
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. äàëüøå »
2019-8-21 23:36
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. äàëüøå »
2019-8-21 23:36
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. äàëüøå »
2019-8-20 12:56
The Moonprentice: Newt Gingrich wants ‘reality show’ contest with Musk and Bezos to colonize Luna
A coalition including Michael Jackson’s former publicist, former House Speaker Newt Gingrich, and an Air Force general want US president Donald Trump to turn the race to colonize the moon into a reality show-esque contest between billionaires. äàëüøå »
2019-8-20 21:35
23 state agencies across Texas succumb to a ‘coordinated ransomware attack’
It seems like not a day goes by without a major company being hacked or a government-run institution exposed to ransomware attacks. Now, state agencies in Texas have succumbed to a coordinated ransomware attack that has impacted at least 23 local government entities across the state. äàëüøå »
2019-8-19 08:28
U.S. Authorities to Launch Blockchain Pilot for Intellectual Property Rights
As part of its preparation for the upcoming Commercial Customs Operations Advisory Committee (COAC) meeting, the U. S. Customs and Border Protection (CBP), a federal law enforcement agency, intends to trial distributed ledger technology (DLT) in intellectual property rights (IPR) enforcement by the end of August 2019, reports Yahoo Finance on August 16, 2019. äàëüøå »
2019-8-19 09:00
Amazon says its facial recognition tech can now detect fear
Amazon has announced that its facial recognition system can now detect “fear” in people. Dubbed Rekognition, the software offers a comprehensive range of tools for face detection, analysis, and recognition in images and videos. äàëüøå »
2019-8-14 10:25
United States: OFAC Prioritizes Cryptocurrency Regulation and Enforcement
The United States Department of Treasury’s Office of Foreign Assets Control (OFAC) has shown a rekindled interest in regulating the cryptocurrency industry and enforcing the guidelines. The agency has hinted that regulating the cryptospace has become its top priority, and it could use an aggressive approach to sanitize the industry, reports Mondaq on August 13,Read MoreRead More. äàëüøå »
2019-8-14 09:00
Study: Trump’s paid Peter Thiel’s Palantir $1.5B so far to build ICE’s mass-surveillance network
Perhaps no other company has profited more from the Trump administration’s treatment of undocumented immigrants — and US citizens of similar appearance — than Peter Thiel‘s Palantir. A recent investigation, conducted by Mijente, revealed the US government has at least 29 active contracts with the company worth approximately $1. äàëüøå »
2019-8-13 23:28
Blockstream Reveals Secret Mining Project Geared at Improving Bitcoin Decentralization
On August 8, Canadian company Blockstream unveiled Blockstream Mining, a new solution to host and manage Bitcoin mining equipment at facilities located in Quebec and the United States. The project also includes a mining pool based on the BetterHash protocol. äàëüøå »
2019-8-10 01:00
Binance US Evaluating 30 Crypto Assets, Bitcoin and Ethereum Under Scrutiny?
An announcement earlier in the year that Binance would be shutting out US-based investors instead ushering them to a US-based exchange that was sans the majority of the altcoins the exchange is known for, caused crypto investors to panic, wondering where they’d trade their Bitcoin and Ethereum moving forward. äàëüøå »
2019-8-10 22:46
Texas Securities Watchdog Shuts Down Craigslist Crypto Scammer
Texas securities regulators issued a cease and desist order against an alleged crypto scammer advertising on Craigslist
äàëüøå »2019-8-10 21:34
Texas: Security Commission Files Against Crypto Scam, Offers Guidance for Cryptocurrency Investors
According to a Texas State Security Board announcement dated August 7, a cease and desist order has been filed against a New York-based company who was promising improbable returns to investors through its unlicensed platform which dealt with forex and securities trading, as well as cryptocurrency investing. äàëüøå »
2019-8-9 11:24
Wealth and Tax Advisor Says IRS May Be Targeting Crypto Traders, Not Investors
By now, most crypto investors know that the United States government has begun to crack down on the crypto industry, and has begun targeting those who have used Bitcoin and other crypto-assets for illicit crime. äàëüøå »
2019-8-9 04:00
#GreenShirtGuy is the cure for political absurdity
Social media discourse is generally unhinged. But for those who follow US politics, simply opening the Twitter or Facebook app is like jumping into a swirling vortex of rage and blame. It’s as though we’ve forgotten how to communicate with one another as mature, professional adults. äàëüøå »
2019-8-9 22:59
The U.S. Federal Reserve to Launch Real-Time Payments System
In a bid to make it possible for financial institutions under its purview to facilitate real-time, round-the-clock payments, the United States Federal Reserve, the nation’s central bank, has announced plans to launch its new payment and settlement service called FedNow, according to a press release on August 5, 2019. äàëüøå »
2019-8-6 16:48
$162 Billion Lost By Big Tech, Bitcoin Up 265% in 2019 As Trade War Escalates
Big tech firms including Apple, Amazon, Facebook, Microsoft, and Google’s parent company Alphabet Inc. lost over 3% of their market cap on Monday, resulting in a combined loss of more... The post $162 Billion Lost By Big Tech, Bitcoin Up 265% in 2019 As Trade War Escalates appeared first on Trustnodes. äàëüøå »
2019-8-6 16:11
Dow Crashes After China ‘Weaponizes’ Yuan, ‘Abandons’ Trade Deal
The Dow Jones suffered another nauseating crash on Monday after China retaliated against President Trump’s tariff threats by escalating the trade war - and perhaps abandoning the negotiations altogether. äàëüøå »
2019-8-5 16:41
8chan booted out by Cloudflare after El Paso shooting
Popular website infrastructure and security services provider Cloudflare announced it’s terminating service for 8chan in the wake of deadly terrorist attack in El Paso, Texas over the weekend. The 21-year-old suspect in the Walmart mass shooting, which resulted in the deaths of 20 people, is said to have posted a white nationalist rant on the message board favored by many on the far-right before the attack. äàëüøå »
2019-8-5 09:08
Google Searches Show that America Has a Robust Economy, Research Says
A study by DataTrek Research compared the evolution of specific searches on Google associated with periods of stagnation and economic recession, concluding that North Americans manifest behaviors typical of a robust economy. äàëüøå »
2019-8-4 16:36
Americans Buying more Bitcoin Every Quarter Since Q1 2018
Bitcoin is becoming increasingly popular in the U. S. with an observable quarterly increase in BTC sales in the country. This trend is despite a year-long bear market that characterized all of 2018. äàëüøå »
2019-8-3 11:00
Dow Claws Out of Vicious Slide as Beijing Rebukes Trump's 'Blackmail'
The Dow’s multi-session nosedive risks extending into a fourth day on Friday after Beijing rebuked President Trump for his $300 billion tariff threat. Dow Scrambles to Avoid Fourth Straight Loss All of Wall Street's top indices fought to avoid an opening bell sell-off following a volatile pre-market session for US stock futures. äàëüøå »
2019-8-4 16:19
Dow Claws Out of Vicious Slide as Beijing Rebukes Trump’s ‘Blackmail’
The Dow’s multi-session nosedive risks extending into a fourth day on Friday after Beijing rebuked President Trump for his $300 billion tariff threat. Dow Scrambles to Avoid Fourth Straight Loss All of Wall Street’s top indices fought to avoid an opening bell sell-off following a volatile pre-market session for US stock futures. äàëüøå »
2019-8-2 16:19
Activists created a free font made from gerrymandered US voting districts
Ugly Gerry is a new, free font created by a pair of activists apparently fed up with the US government’s practice of gerrymandering voting districts. Every letter in the font is composed of images of gerrymandered US voting districts. äàëüøå »
2019-8-2 02:54
Regulatory Pressure Could Prevent Facebook’s Libra from Launching
The intense scrutiny from regulatory agencies, governments, and central banks globally regarding Facebook’s Libra, could just be the end of the company’s stablecoin project. According to a report by CNBC, Facebook revealed in a recent filing with the U. äàëüøå »
2019-7-31 13:29
Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra
Crypto was designed to eventually serve as a complete replacement for fiat currencies like the US dollar as the entire world moves into a fully digital age, so money itself can more easily and quickly be managed without the requirement of a third-party intermediary. äàëüøå »
2019-7-31 04:00
United States Regulators Begin Crack Down on Crypto and Bitcoin Crime
Following the announcement of Facebook Libra – a crypto project aimed to replace the US dollar and other fiat currencies, the United States has been up in arms regarding Libra, Bitcoin, and the rest of the cryptocurrency landscape. äàëüøå »
2019-7-31 23:00
U.S. Department of Defense to Adopt Blockchain Technology
In a bid to establish hack-proof digital communication lines and advance its digital environment to afford it a competitive advantage in the modern battlespace, the Defense Advanced Research Projects Agency (DARPA) has started experimenting with distributed ledger technology (DLT), according to a publication entitled “DoD Digital Modernization Strategy” DARPA Joins the Blockchain Bandwagon As statedRead MoreRead More. äàëüøå »
2019-7-30 19:00
Small Nations Attracting Crypto Startups with Amenable Regulations
While large nations like the United States, the United Kingdom, and others are still sitting on the fence in terms of cryptocurrency regulations, smaller nations such as Malta, Belarus, Bahrain, and others have implemented clear cut guidelines for bitcoin-linked businesses, making these regions a hotbed for startups, reports Reuters on July 29, 2019. äàëüøå »