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Bitcoin Extortionists Hit Fortune-500 Mexican Oil Giant Pemex for $5 Million
Pemex is required to pay the Bitcoin ransom within two weeks or face paying double after. About 5% of the computers have been affected by the DoppelPaymer software. The oil giant’s billing systems are the most impacted and could lead to delays in paying salaries. дальше »
2019-11-14 14:07 | |
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Mexico: State-Owned Oil Firm Targeted in $5 Million Bitcoin Ransomware Attack
Petroleos Mexicanos (PEMEX), a state-owned petroleum company established in 1938, has suffered a ransomware attack that has succeeded in shutting down its computers and online payment systems. The hackers are demanding for 565 BTC and have given the firm a 48-hour deadline to send the money. дальше »
2019-11-13 14:00 | |
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Iran’s 53 Billion Oil Barrel Dig May Spoil Sworn-Foe Saudis’ Aramco IPO
The 53 billion barrels of crude oil reserves that Iran has revealed would comprise about 3% of the current proven reserves in the world. More oil in the world means lower prices. Saudi Aramco’s profits have been falling with declining prices. дальше »
2019-11-12 13:53 | |
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Mavennet Systems to Provide Blockchain Tracking Oil Imports for US Customs and Border Protection
The U. S. Customs and Border Protection, which falls under Homeland Security is set to use a blockchain-based system to track oil and gas imports from Canada. The research and development wing of the agency has granted $182,700 to Mavennet Systems for building a blockchain-as-a-service platform. дальше »
2019-11-9 20:19 | |
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World’s Largest Oil Producer Saudi Aramco Files for an Initial Public Offering
Coinspeaker World’s Largest Oil Producer Saudi Aramco Files for an Initial Public OfferingThe shares of the world's largest oil producer Saudi Aramco will be traded on the local exchange Tadawul starting December 2019. дальше »
2019-11-4 15:22 | |
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Sunday Digest: Bitcoin Price Holds Above $9k, Week’s Other News
The world’s most profitable company, today announced that it is going public, in what could be the biggest ever IPO. The oil giant, Saudi Aramco, posted an H1 profit of $46. 9bn in 2019, compared to Apple’s $21. дальше »
2019-11-4 17:00 | |
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Oil Prices in Danger of Crashing Next Year Thanks to Weak Demand
Oil prices were flying high when the year began. OPEC and its allies decided to reduce their output to the tune of 1. 2 million barrels per day for the first six months of 2019. Consequently, the international benchmark Brent crude oil touched nearly $75 per barrel by the third week of April. дальше »
2019-10-23 19:31 | |
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Crypto Valley Association Partners With Zurich Tourism To Expand Blockchain Adoption
The “crypto valley” in Switzerland is based in Zug. Zug is a small tax haven hamlet that is not that famous. It is known for harboring the Marc Rich oil trader in the 80s, tech firms that are in the lifetime of Bitcoin and tax shells that were in the 90s. Silicon Valley and Zug […] дальше »
2019-10-15 18:41 | |
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Bitcoin’s allocation in investor portfolios may have major upsides: VanEck Exec
Bitcoin is perhaps the fastest growing asset in 2019. Outperforming the likes of a traditional assets such as the S&P 500, stocks, and oil, there is little doubt that Bitcoin is creating its own niche. дальше »
2019-10-10 22:30 | |
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Ethereum (ETH) Still has a Long Way to go to Match Bitcoin’s Money and Safe Haven Status
Bitcoin (BTC) classifies as digital gold, and Ethereum (ETH) has gained the tag digital oil for its extensive uses and gas fees. The Ethereum platform ranks as the second most used platform after Bitcoin and it shows no signs of slowing down. дальше »
2019-10-4 18:29 | |
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Venezuelan Exchange To Launch PoS System And Crypto Debit Card; Including Petro, BTC, & DASH
The Venezuelan government is one of the most crypto friendly countries as it looks for ways to sustain its hyper-inflated economy and sanctions from various governments. The government is focused on promoting its oil backed crypto, Petro dollar, to its citizens with the latest debit card release by government sanctioned exchange, CriptoLAGO. The debit card […] дальше »
2019-10-4 17:34 | |
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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
U. S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. дальше »
2019-10-3 00:45 | |
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Saudi Crown Prince Warns Iran War Means ‘Total’ Global Economy Apocalypse
Saudi’s crown prince warned that war with Iran would lead to a sweeping shattering the world’s economy. In a rare televised interview on 60 minutes aired over the weekend, Prince Mohammed bin Salman addressed key issues such as the death of Jamal Khashoggi, the recent Iranian attack on a Saudi Aramco oil plant, and the […] The post Saudi Crown Prince Warns Iran War Means ‘Total’ Global Economy Apocalypse appeared first on CCN.com дальше »
2019-9-30 15:24 | |
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Venezuela could hold BTC and ETH in its international reserves
The Central Bank of Venezuela is exploring whether to hold Bitcoin and Ethereum in its international reserves. The cryptocurrencies would be used to circumvent international sanctions and pay state-run oil company debts, the report revealed. дальше »
2019-9-29 19:35 | |
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Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central de Venezuela’s (BCV) vaults to pay for oil and gas operations. дальше »
2019-9-28 20:45 | |
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Venezuela Considering Adding Bitcoin and Ethereum to National Reserves
Bitcoin and ethereum may become reserve currencies in Venezuela according to four unnamed people with direct knowledge of the matter. That’s because the state owned oil and gas company, Petroleos. дальше »
2019-9-28 17:04 | |
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Venezuela State-Run Oil Firm to Pay Suppliers in Bitcoin
As the age-long economic crisis rages on, Venezuela’s apex bank, Banco Central de Venezuela (BCV) is now running internal tests with officials to find out the possibility of holding bitcoin (BTC) and ether (ETH) in its coffers as foreign reserves, as the nation’s state-owned oil company is looking to pay suppliers in cryptos via theRead MoreRead More. дальше »
2019-9-27 15:00 | |
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State Owned Oil Giant, PDVSA, Requests Venezuelan Central Bank To Test Holding BTC & ETH For Payments
Venezuela has a stash of crypto's and it does not seem afraid to use them. The only problem is that the country does not seem completely sure about how to use them, also. As reported by Bloomberg, the central bank of Venezuela recently started tests in order to determine how to use it's cryptos to […] дальше »
2019-9-27 00:17 | |
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Is Venezuela’s Bitcoin Stash Really So Bullish for BTC?
Earlier today, news broke that the central bank of Venezula is in tests to see whether it would be advantageous for the institution to hold cryptocurrency reserves. The nation’s state-run oil company is also apparently attempting to send Bitcoin (BTC) and Ether (ETH) to pay suppliers via the central bank. дальше »
2019-9-27 23:00 | |
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Venezuela may have Bitcoin and Ethereum, but it’s unsure how it can use them
The central bank of Venezuela is reportedly looking into whether it can store cryptocurrencies in its coffers, Bloomberg reports citing four anonymous individuals close to the matter. According to the report the bank‘s investigation follows a request by Petroleos de Venezuela SA (PSDV) – the country’s state-owned oil and natural gas company – which is apparently looking to send Bitcoin and Ethereum to the central bank. дальше »
2019-9-26 18:52 | |
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Modex Launches An Enterprise Blockchain Deployment Pilot With Major Energy Producer Dietsmann
Modex, a blockchain solutions firm, released its Blockchain Database (BCDB) platform to ease out the deployment of blockchain technology across corporations and enterprises. Oil and gas firm, Dietsmann, becomes one of the first enterprises to use the platform to deploy a blockchain. дальше »
2019-9-23 17:29 | |
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Oil and Gas Giant Pilots New Blockchain Platform From Modex
Major oil and gas firm pilots Modex’s newly launched blockchain platform
дальше »2019-9-23 04:13 | |
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Iran Is Being Targeted for Economic Independence, Not Terrorism
New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U. S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already tenuous ties to the global market. дальше »
2019-9-22 11:38 | |
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Canada’s GuildOne to Build Blockchain Solution for the Oil and Gas Sector
GuildOne Inc. , a Calgary-based distributed ledger technology (DLT) firm has been contracted by the Offshore Operators Committee (OOC) Oil and Gas Blockchain Consortium which is made up of top companies in the industry, including Chevron and ExxonMobil, to develop a blockchain-based proof-of-concept (PoC) for authorization for expenditure (AFE) balloting in the global oil and gasRead MoreRead More. дальше »
2019-9-21 09:00 | |
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Oil and gas giant Dietsmann deploys Modex Blockchain Database (BCDB)
Oil and gas giant Dietsmann deploys Modex Blockchain Database (BCDB) - CryptoNinjas Modex, a blockchain database company, today announced the launch of their enterprise platform for simplified blockchain deployment. дальше »
2019-9-20 18:28 | |
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Former Goldman Sachs Analyst: ‘The 1% is Dumping Stocks’
The S&P 500 (SPX) is trading close to all-time highs. The Dow Jones Industrial Average (DJI) is in the same boat as it is a few points away from a new record. The market is climbing despite global instabilities such as the U. дальше »
2019-9-20 16:15 | |
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VanEck-SolidX withdraws Bitcoin ETF proposal from SEC’s consideration
The VanEck-SolidX Bitcoin ETF proposal was withdrawn—again—from the SEC’s consideration prior to an October decision. Primer on VanEck-SolidX Bitcoin Shares VanEck-SolidX first submitted its proposal to list and trade shares of the “VanEck SolidX Bitcoin Trust” under commodity-based trust rules with the Securities Exchange Commission. дальше »
2019-9-18 03:50 | |
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Saudi Oil Attacks Will Hurt Your Wallet at the Gas Station
Today has seen oil prices cool off after a massive spike on Monday put everyone in the world on alert — but motorists may need to start paying more at the gas pump. At the time of this writing, oil prices have retraced sharply from their Monday highs. дальше »
2019-9-18 19:00 | |
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Bigger Bloodbath in U.S. Stock Market Likely: Factors of Further Downtrend
The U. S. stock market, as seen in the performance of the Dow Jones throughout September, had been on an upward trajectory amidst growing optimism over a potential deal with China and the easing of monetary policies in major markets like Europe. дальше »
2019-9-18 17:00 | |
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Dow Hiccups as Deutsche Bank Warns US Economy ‘Tipping Into Recession’
The Dow and broader stock market bled lower on Tuesday, pushing Wall Street’s major indices further from their all-time highs in the wake of a titanic disruption to the global oil market. Meanwhile, one Deutsche Bank strategist warns that the market could suffer a reckoning as the US economy lurches closer to a recession. дальше »
2019-9-18 16:35 | |
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Chinese Stocks Fall, U.S. Bonds Rise as Trump Administration Weighs Iran Retaliation
Asian stocks tumbled on Tuesday, as the flight from risk assets continued in the wake of devastating weekend attacks on Saudi Arabia‘s oil industry. Latest U. S. intelligence has been persistent in claiming that Iran was responsible for the attack. дальше »
2019-9-17 06:38 | |
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Why Analysts are Shifting Bullish After Big US Stock Market Bloodbath
On Sept. 16, the U. S. stock market plunged following an abrupt increase in the oil price, sending the Dow Jones down by more than 140 points in a single session. Ironically, China, whose economy has been on a decline in recent months, could prevent the U. дальше »
2019-9-17 01:45 | |
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Twitter Roasts Trump Over ‘Obama Netflix’ Tweet
Another day, another viral Trump tweet. Fresh off a tweetstorm about Saudi oil attacks, President Trump defended himself against claims he’s profiting from the presidency. After listing all the ways he says the “Radical Left Democrats” have failed, he knew he really needed to drive his point home. дальше »
2019-9-17 22:27 | |
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Bitcoin Is Ideal Hedge Amidst Rising Global Uncertainty
The U. S. -China trade war, the Hong Kong protests, and now the attack on Saudi Arabian oil producer Aramco – these events add more pressure to financial and commodity markets that already look overextended; stocks are trading close to all-time highs. дальше »
2019-9-17 20:55 | |
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Fed Likely to Continue Cutting Rates into 2020: Wells Fargo
The stock market took a giant gulp of uncertainty over the weekend, sending the Dow Jones sharply lower on global economic slowdown fears. The attacks on the Saudi Arabian oil fields have roiled stocks and provided another catalyst for the Federal Reserve to slash interest rates, even if monetary policymakers can’t seem to do so […] The post Fed Likely to Continue Cutting Rates into 2020: Wells Fargo appeared first on CCN.com дальше »
2019-9-17 19:37 | |
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BOOM! Saudi Oil Attacks Pose Crucial Test for Bitcoin
The weekend drone attack on Saudi Arabia’s oil production facilities has slashed global oil supplies by five percent, temporarily sending the price of Brent crude up twenty percent. The attack also prompted a one percent rise in the price of gold. дальше »
2019-9-16 18:11 | |
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Is Ether (ETH) becoming a Digital Silver?
After drone attacks on Saudi oil facilities, oil rised 12% – for the first time in last 30 years. The Corn stayed flat. But Ethereum took off. Saudi company Aramco said it lost 5.7 million barrels of production per day as a result of the attack. This is about 50% of the total oil production […] дальше »
2019-9-16 17:48 | |
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Bitcoin Mum despite Saudi Attack Raising Demand for Haven Assets
Bitcoin appeared stuck in a price-range on Monday as attacks on Saudi Arabia’s oil facilities raised concerns over global energy supply and renewed tensions in the Middle East. The spot bitcoin rate slipped 0. дальше »
2019-9-16 17:00 | |
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Resilient Dow Clings to 27,000 Despite Trump’s ‘Locked & Loaded’ Threat
The Dow might not extend its eight-session winning streak into the new week, but the stock market bellwether is proving its resilience following a historic disruption to the global oil industry. Dow Risks Snapping 8-Day Winning Streak Wall Street’s major indices all incurred losses at the opening bell, but the market’s pullback wasn’t nearly as […] The post Resilient Dow Clings to 27,000 Despite Trump’s ‘Locked & Loaded’ Threat appeared first on CCN.com дальше »
2019-9-17 16:37 | |
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‘Locked and Loaded’: Trump’s Latest Tweetstorm Rages Over Saudi Oil Attack
Oil prices have been soaring Monday after a drone attack at Saudi Aramco’s Khurais oil field in Buqyaq, Saudi Arabia, forced the Kingdom to shut down over half of its daily production capacity. Yemen's Houthi rebels claim attacks on 2 Saudi Aramco oil facilities, Saudi Arabia's state-owned oil giant, disrupting oil output and exports. дальше »
2019-9-17 16:00 | |
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3 Oil Stocks Strike as Biggest Pre-Market Gainers as Trump Drills Pipeline Approvals
The warning by President Donald Trump that the U. S. is “locked and loaded” ready to attack Iran over suspicion that it was behind the drone attacks on refineries in Saudi Arabia not only sent crude oil prices surging but also saw upstream stocks climbing. дальше »
2019-9-17 15:13 | |
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Dow Futures Collapse on Threat of More Devastating Oil Attacks
Dow Jones Industrial Average (DJIA) futures collapsed in early trading Monday after drone strikes in Saudi Arabia devastated the oil market. Two attacks on Saudi oil sites triggered a 17% rise in the oil price and a knock-on effect on global stock markets. дальше »
2019-9-17 12:55 | |
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Panicking China’s Abrupt Oil Squeeze May Hasten Trump Trade Deal
This week, a major oil processing plant in Saudi Arabia was destroyed by a barrage of drone attacks, removing 2 million barrels from global surplus. The surge in the price of oil could place more pressure on the economy of China, which could have an impact on the ongoing trade deal talks. дальше »
2019-9-17 12:36 | |
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Drone Attacks On Saudi Oil Facilities Push Prices Up Depleting Global Reserves by 5%
Coinspeaker Drone Attacks On Saudi Oil Facilities Push Prices Up Depleting Global Reserves by 5%Global prices of crude oil have jumped shortly after major Saudi oil processing plants took several hits from drone attacks. дальше »
2019-9-16 11:36 | |
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