The Senate has passed a new $485 billion pandemic aid bill to help small businesses and hospitals. A month after the massive $2 trillion stimulus bill passed and the U.S. Senate has approved a supplemental $484 billion aid package to help small businesses and hospitals get through the tough times. The package, which was the […]
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The speculation is rising, but it’s just about impossible to prove. An anonymous post on the Cypherpunks mailing list from 21 years ago discusses the idea of “ecash,” and the speculation in the crypto community is that it might belong to a pre-Bitcoin Satoshi Nakamoto. “Cypherpunk” refers to a movement that emerged in the 1980s […]
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Emsisoft highlighted a considerable decline in the successful ransomware attacks in the US. An April 21 report by malware lab Emsisoft showed that there was a significant drop in the number of successful ransomware attacks on the US public sector during Q1 2020. The findings show a total of 89 organizations were victims of ransomware […]
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The U.S. coronavirus stimulus package dwarfs cryptocurrency’s all-time market cap high by 240%. The U.S government recently unleashed a $2 trillion stimulus package to help Americans offset the economic impact of COVID-19. That figure is more than double the amount of all the speculative capital locked up in the entire cryptocurrency market during its 2018 […]
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The Industrial and Commercial Bank of China has a lot of positive opinions on blockchain technology. The Industrial and Commercial Bank of China (ICBC) has released a white paper on blockchain technology applications in finance. According to Sina Finance, the paper is the first of its kind in the banking sector. The document analyzes the […]
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Can crypto actually take on USD’s role around the world? Jim Bianco, CEO and president of economics and finance analysis company Bianco Research, said he sees a cryptocurrency as the next reserve asset. “I’ve argued that, in theory, the next reserve currency will be a crypto,” Bianco told Anthony Pompliano on an April 17 episode […]
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Quite like cryptocurrency itself, crypto scams seem here to stay. EOS Ecosystem, a wallet app that attracts investors to deposit EOS with promised high returns, has reportedly shut down and possibly run away with close to $52 million, according to an April 20 report. $52M is gone and more is potentially missing The local media’s […]
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BitMEX, the world’s third largest crypto exchange, has continued to lose its market share to Binance exchange after the Black Thursday crash. BitMEX, one of the world’s biggest crypto derivatives exchanges, is still struggling to recover from a major market sell-off that followed the Black Thursday crash in March. According to an April 21 report […]
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Ripple Labs and its CEO Brad Garlinghouse have filed a lawsuit against Youtube for its alleged complicity in a spate of repeated “XRP giveaway” scams. Ripple Labs filed a lawsuit against Youtube LLC in the Northern District of California on Tuesday April 21. The case seeks damages for Youtube’s failure to stop XRP (XRP) scammers […]
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Bling’s crypto gaming apps have seen a surge of downloads in the wake of COVID-19. US-based crypto gaming company Bling has reported a significant increase in the number of people using its products since most of the world entered various stages of lockdown in response to the COVID-19 pandemic. According to statistics shared exclusively with […]
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