This article was contributed by our content partner, Nexchange Now. “The strategic competition, which is the essence of the trade war, creates the need for more reserve currencies. And CBDC could perhaps accelerate that process.” Olga’s interviewee this time is amazing Alicia García Herrero, Chief Economist for Asia Pacific at Natixis. Alicia also serves as … Continue reading NexChange Interview Series: Alicia Garcia-Herrero, Part 1
The US Securities and Exchange Commission’s (SEC) investigation into Telegram’s $1.7 billion initial coin offering (ICO) in 2018 has revealed that some very big names took part in the unregistered offering. According to a court document, one of the investors was Russian oligarch and Chelsea owner, Roman Abramovich who bought tokens (grams) via an offshore … Continue reading Chelsea Football Club Owner Abramovich Confirmed as Investor in Telegram's 2018 ICO
The coronavirus pandemic continues to wreak havoc across the world, leaving some nations at a standstill. Although most people consider wellbeing and health as the main victims of the virus, economic implications are continuing to surface at alarming rates. Concerns over the economic hit from the virus spread from oil, stock and bonds to cryptocurrencies. … Continue reading Why Stablecoins are Securing the Future of Crypto World
China’s central bank has further galvanized its public commitment to creating the first central bank digital currency (CBDC), a digital version of the Yuan, at an annual meeting hosted last Friday by the People’s Bank of China (PBoC) vice-governor Yifei Fan. A summary notice of the 2020 National Currency Gold Silver and Security Work Video and … Continue reading China's Pursuit of Digital Yuan "Unswerving" in Wake of COVID-19 Global Pandemic, says Central Bank
The Chief Executive and President of UnionBank of the Philippines, Edwin Bautista, has predicted that the coronavirus pandemic will drive banks to fast track the shift toward digital currencies, therefore abandoning the use of physical money. Bautista said that the outbreak has caused rising demand for online banking services, thus pushing banks to rethink and … Continue reading The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President
Facebook Inc has taken legal action against a Bangkok-based Indian man for developing and selling software that helps bad actors to bypass Facebook’s automated advertising review systems and deliver prohibited ads to users. Software Cloaked Bad Actors Facebook announced that they were taking action against Basant Gajjar for allegedly selling his “LeadCloak software” to bad … Continue reading Facebook Sues Bangkok 'LeadCloak' Software Developer Over Alleged Crypto Scams and Bogus COVID-19 Data
New research conducted on behalf of the Bank for International Settlements indicates that contrary to popular belief, the Bitcoin price and other cryptocurrency prices respond very positively to news of incoming regulations,when they are clear. The Dallas Federal Reserve Bank’s Globalization Institute recently published a working paper by researchers from the Bank for International Settlements … Continue reading How Does Cryptocurrency Regulation News Affect the Bitcoin Price? Bank Of International Settlements Research Reveals
Who is Yasutaka Nakamoto? Yasutaka Nakamoto was working for Colombian drug lord Pablo Escobar to smuggle drugs to the United States from South America. Yasutaka Nakamoto was the brother of Dorian Satoshi Nakamoto, who was assumed as the original creator of Bitcoin, although he has long denied having anything to do with the cryptocurrency’s creation. … Continue reading Pablo Escobar’s Drug Runner Yasutaka Nakamoto "Could be" Satoshi Nakamoto
As protests break out across the globe against state and central authorities, are the protesters overlooking their best and most potent weapon in Bitcoin? The world is in an unprecedented state of upheaval as protests continue to break out in different geographies across the globe. As the global COVID lockdown eased, the problems we were … Continue reading Bitcoin Adoption is the Ultimate Protest Against Government and State Abuse of Freedoms
Previously known to be the company that hacked entertainment media firm Grubman Shire Meiselas & Sacks, the cyberattack gang REvil does not appear to be giving up their devious activities any time soon. Their new scheme once again entails ransomware but this time the demands are targeting big-shot celebrities, such as rap star Nicki Minaj, NBA superstar Lebron James, … Continue reading Hacking Ransomware Group REvil Threatens to Strike Again