Home » Tag Archives: Haven

Tag Archives: Haven

West Haven City Council Pays $2,000 Ransomware Demand

Ransomware attacks are still a pressing problem in 2018. Although such stories have seemingly become less apparent in the past few months, the city of West Haven in Connecticut was forced to make a crucial decision. City officials decided to pay $2,000 worth of Bitcoin to get rid of this malware, even though such demands should never be met in ...

Read More »

BTC Acquires “Safe Haven” Status After Brexit Woes

All in all, Bitcoin prices are on an uptrend. Backing these are boosting fundamentals with investors anchoring their bullish hopes on Bakkt, the ICE subsidiary. The platform will make use of Microsoft technologies for expediency. Regardless, our previous trade plan holds true. Even with a modest three percent gain in the last week, we need to see strong gains above ...

Read More »

Cryptocurrency Remains Safe Haven as Economies of Venezuela And Turkey Collapse

Critics of crypto often talk down on this asset class due to its volatile nature and price instability/unpredictability, however, in countries prone to economic instability, crypto assets can prove to be a safe haven in periods of rampant inflation and flawed monetary policy. Crypto — An Unexpected Safe Haven In Times Of Economic Distress The citizens of Venezuela have indisputably had ...

Read More »

Japan Is Proving to be a Surprising Haven for Crypto Miners

Rural Japan is luring more and more cryptocurrency mining operations. They’re attracted by subsidised rents, as well as relatively low electricity rates. Cities Like Fukui Seeing More Mining Operations Spring Up When you think of large scale cryptocurrency mining operations, Japan probably isn’t the first place that springs to mind. Sure, the country has been somewhat more receptive to the ...

Read More »

South Korea Reviews Its Stance on Crypto To Become Blockchain Haven

South Korea, the country that has been in the forefront of the crypto industry since the 2017 investor boom, is gradually changing its views regarding cryptocurrencies. While the lift on the ICO blanket ban was announced by the officials last month, the country has recently been vocal about its intention to lead the fourth industrial revolution, powered by blockchain initiatives. ...

Read More »

Cryptocurrency Can be a Safe Haven Asset

Join our community of 10 000 traders on Hacked.com for just $39 per month. Jeong Ki-wook, a former executive at Cisco and the founder of TrustVerse, a South Korea-based wealth management platform, said that cryptocurrency assets like bitcoin and ethereum can evolve into safe haven assets in the long-term. Reaching Stability In an interview with ZDNet Korea, Jeong said that ...

Read More »

What Is Haven Cryptocurrency? – The Merkle

Ever since Bitcoin entered the global economy, the crypto powerhouse has paved the way for seamless peer-to-peer asset trading between two or more individuals. Not only was it the first to implement a distributed ledger system, but it also makes use of a cryptographic proof of trust module to ensure the safety of each transaction. However, due to the rapid ...

Read More »

Japan Has Become a Cryptocurrency Haven, Multi Billion Dollar Firms Launch Exchanges

Japan is quickly becoming a global center for blockchain ventures and cryptocurrency firms. Despite the region’s colorful history–involving Mt. Gox, for example–the local authorities see merit in these new technologies in the global cryptocurrency industry. Major local conglomerates have begun to enter the sector, with some of them operating cryptocurrency exchanges. Japan’s Checked History With Bitcoin When people discuss Bitcoin, ...

Read More »

Switzerland Risks Losing Cryptocurrency Haven Status Over Increasing Regulation

Switzerland, a country renowned for its safe-haven status in capital markets, may have missed the opportunity of becoming a top jurisdiction for initial coin offerings. Tim Draper, a high-profile bitcoin enthusiast and early investor of Tesla, SpaceX, and Skype, has crossed the country off the map after the government allowed regulation to dissuade startups from launching ICOs there. Switzerland Risks Losing ...

Read More »