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Tag Archives: Tells

US Government Tells Bitcoin Bomb Scam Victims to Inform FBI, Not Pay Ransom Money

A suspected scam which threatens to blow up buildings unless recipients pay a Bitcoin (BTC) ransom caught the attention of the United States’ government Dec. 13. The scam, which centers on anonymous emails demanding payment of $20,000 in Bitcoin or face a “mercenary” detonating a device in “your building,” has appeared throughout the world. Now, the U.S. National Cybersecurity and ...

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Panic Mode? What a Wall Street Chart Tells Us About Bitcoin’s Price

Investing in financial markets can be an emotional roller-coaster and the bitcoin market is no exception. When it comes to investment, human emotions tend to oscillate between two extremes – fear and greed – and the constant balancing act between the two creates a cycle of market emotions.   For years, traders and investors alike have studied the cycle of ...

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Russian Regulator Tells Financial Action Task Force Members To Control Crypto Circulation

All member states of the Financial Action Task Force (FATF) should adopt its recommendation to control the exchange of cryptocurrency, their storage and more, Russian daily news outlet Izvestia quoted a government regulator as saying Monday, Oct. 29. The Paris-based FATF is an intergovernmental organization established in 1989 with the aim of developing standards to fight money laundering and other ...

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Australian DTA Tells Senate There is Better Technology Than Blockchain

Australia’s Digital Transformation Agency (DTA) has told the Senate that there is better technology for every use of blockchain considered today. The agency received AU$700,000 from the Australian 2018-19 Budget to explore blockchain for efficient government services purposes. Australian Government to Launch Blockchain Applications In May, the DTA was sent on a mission to look for use cases across the ...

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AARP Tells Retirees that Bitcoin is Mainly Used by ‘Bunch of Criminals’

The American Association of Retired Persons (AARP) has ascribed a bizarre definition to bitcoin in a caustically worded article on its website published on Wednesday, Oct. 10. In the slideshow post titled “Improve Your Financial Literacy With This Glossary,” a heavy dose of contempt is specifically reserved for the description of bitcoin and blockchain in their respective slides, while other ...

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GDPR is ‘Kryptonite’ to Google and Facebook, Brave Executive Tells EU

Brave Browser has described how a core principle of GDPR called “Purpose Limitation” can be used to prevent anti-competitive behavior by Google and Facebook. In a recent letter to the EU Anti-Trust Chief Margrethe Vestager, the company offered its submission on the topic of shaping competition policy in the era of digitization. PURPOSE LIMITATION TO CURB GOOGLE AND FACEBOOK’S EXCESSES ...

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Brazil Watchdog Tells Crypto Exchanges to Answer Questionnaire or Face a Fine

Brazil’s Administrative Council for Economic Defense (CADE), the country’s antitrust watchdog, has recently sent 10 cryptocurrency exchanges and an OTC trading desk a questionnaire they have to answer by October 19, or face a fine that’ll go up to $25,000. According to local news outlet Portal do Bitcoin, the questionnaire was sent on October 1, and follows an investigation reportedly ...

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Brave CEO Tells Senate that U.S. Needs GDPR-Style Data Privacy Rules

The chief executive of cryptocurrency-funded web browser Brave has penned a letter to the U.S. Senate calling for legislators to adopt data privacy regulations comparable to those recently implemented in Europe. Brave CEO Calls for a U.S. GDPR Writing in the letter dated Sept. 28 and addressed to the U.S. Senate Committee on Commerce, Science, and Transportation, Brave CEO Brendan ...

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Blockchain Has ‘Staggering’ Potential, Pres. Bill Clinton Tells Ripple Conf.

Ten years ago this month, pseudonymous developer Satoshi Nakamoto published the whitepaper for a new piece of technology that sought to upend the global financial system: “Bitcoin: A Peer-to-Peer Electronic Cash System.” There’s perhaps no clearer sign of the degree to which the Nakamoto revolution has begun to take hold than that yesterday, on Oct. 1, a former U.S. president ...

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Malta’s Prime Minister Tells UN That Crypto Is the ‘Inevitable Future of Money’

The Prime Minister of Malta, Joseph Muscat, has said that cryptocurrencies are the “inevitable future of money,” and that blockchain can galvanize a more transparent and equitable society. The Prime Minister made his remarks in a speech addressed to the general debate of the 73rd Session of the General Assembly of the U.N. September 27. Muscat made a spirited case ...

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