Category digital currency

China Will Use Its Digital Currency To Compete With The USD

China Will Use Its Digital Currency To Compete With The USD Forbes · by Roger Huang · May 25, 2020 Close up view of US Dollar and Chinese yuan bills. currency exchange rate. GettyAmid questions and speculation about China’s new central bank-backed digital currency termed DCEP, one thing remains clear: to the extent that China is working on […]

3 Reports Look aA North Korea’s Lazarus Group, Iran’s Farhad Exchange, And The Crypto Ponzi Futurenet | Bitcoin News

3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet | Bitcoin News news.bitcoin.com · by News · May 6, 2020 On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research […]

Devastating Bitcoin Wipeout Could See Digital Currency Decline Below $1000 — Or, Soar To $20,000 By Year’s End

Devastating Bitcoin Wipeout Could See Digital Currency Decline Below $1000 — Or, Soar To $20,000 By Year’s End   https://fortunascorner.com      Billy Bamborough posted a March 12, 2020 article to Forbes.com, with the title above. In this severe stock market selloff, one sector that has taken a big hit, hasn’t gotten a lot of notice. That […]

Blow To Bitcoin As ‘Significant’ U.S. Crypto Crackdown Suddenly Revealed

Excerpts:   In the indictment of Larry Harmon, who was this week arrested for his alleged involvement in a money-laundering conspiracy worth more than $300 million, the Department of Justice referred to Harmon’s Helix software as a “money transmitting and money laundering business.” The bitcoin and cryptocurrency regulatory landscape in the U.S. has long been […]

UN Report: North Korea Cyber Experts Raised Up To $2 billion

David Maxwell Comment:  “This should be no surprise.  And $2 billion should build more than a few nuclear weapons and missiles.   This is why we have to conduct aggressive cyber operations to counter north Korea in this domain.  Effective cyber operations must be part of a Maximum pressure 2.0 or a Plan B for […]

The Dollar Underpins American Power; Rivals Are Building Workarounds

The Dollar Underpins American Power. Rivals Are Building Workarounds. Iran sanctions spur Europe and India to devise systems to trade with Tehran without using the U.S. currency   https://www.wsj.com/articles/the-dollar-powers-american-dominance-rivals-are-building-workarounds-11559155440?mod=hp_lead_pos4 By Justin Scheck and Bradley Hope May 29, 2019 2:44 p.m. ET U.S. allies, looking to buck American control over international trade, are developing alternate systems that […]

DARPA Seeking To Create A New, Anonymous Communications Program/Platform

DARPA Seeking To Create A New, Anonymous Communications Program/Platform   https://fortunascorner.com      Staying hidden online is a very difficult, if not impossible to do. Yes, there are cumbersome steps you can take to substantially muddy the digital waters, with respect to your identity; but, nothing is digitally bulletproof. If a determined adversary is intent […]

Is Bitcoin Back? Long-Term Perma-Bull On Bitcoin’s Recent Rise Above $5K; And His Current Target Price Of $14K Per ‘Coin’

Is Bitcoin Back? Long-Term Perma-Bull On Bitcoin’s Recent Rise Above $5K; And His Current Target Price Of $14K Per ‘Coin’ https://fortunascorner.com      Early investor in Bitcoin, and long-term perna-bull Tom Lee, was interviewed on CNBC’s Squawk Box this morning, Wednesday, April 4, 2019, about the digital currency’s recent surge above $5K per coin [$5007.40] […]

North Korea’s Elite Hackers Are Funding Nukes With Crypto Raids

Excerpts:   But this was never going to happen. Marine Chain was a scam backed by North Korea’s cyber warriors in a bid to trick would-be investors. The website was actually a crude copy of rival business Shipowner.io. Jonathan Foong, it’s chief operating officer, has previously been linked to Singaporean companies that help facilitate North […]

95 Percent Of Bitcoin Trading Is Fake; According To New Study By Bitwise

95 Percent Of Bitcoin Trading Is Fake; According To New Study By Bitwise https://fortunascorner.com      Charles Bovaird, a writer for Crypto & Blockchain, posted an article with the title above to the March 22, 2019 online edition of Forbes.com.  He begins by noting that “While many use CoinMarketCap as a go-to resource for crypto-currency market data, roughly 95 percent of […]