A cybercrime group named ‘John Wick’ has taken responsibility for the attack. Hackers took over one of the Twitter accounts linked to Indian Prime Minister Narendra Modi and posted messages asking his followers to make crypto donations. According to a report from news outlet India Today, Modi’s Twitter account narendramodi_in, which is associated with his […]
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An anti-thesis to some of industry’s core concepts. Morgan Housel, partner at venture capital firm Collaborative Fund, said the government actually can control people’s digital assets. In a recent podcast episode with Morgan Creek Digital co-founder Anthony Pompliano, Housel mentioned that some arguments in favor of crypto are illogical. “The idea that the government cannot […]
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This was one of the first virtual conventions in the US to utilize blockchain voting. Despite its history of security and technical issues, blockchain voting platform Voatz has reportedly been deployed successfully at the Michigan Democratic Party State Nominating Convention. More than 1,900 delegates at the virtual convention, held from Aug. 29-30, were able to […]
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Max Keiser joined us for a discussion on Warren Buffett’s turn away from fiat. According to Max Keiser, host of popular RT show the Keiser Report, it is only a matter of time before Warren Buffett’s Berkshire Hathaway will invest in Bitcoin (BTC). Not long ago, Buffett sold most of his positions in major banks […]
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The nation’s money printer continues to go “Brrr”. Amid a year that has been anything but normal, the United States’ Federal Reserve, or the Fed, has collected an impressive number of financial assets. “The Fed now owns a total of 22,913 different securities according to Bloomberg,” said the twitter account for the Zero Hedge financial […]
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The island continues to work toward full crypto adoption. The Government of Bermuda has announced their partnership with stablecoin platform, Stablehouse. Together they hope to roll out a pilot program for a digital “stimulus” token, targeting both residents and merchants within the islands. According to The Royal Gazette, the idea of launching such a program […]
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Fed Chairman Jerome Powell threw the U.S. dollar under a bus last week at the central bank’s annual Jackson Hole, Wyoming, meeting. The Economic Policy Symposium hosted annually by the Federal Reserve Bank of Kansas City — an event attended by finance ministers, central bank managers and academics, among others — was held virtually due […]
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Crypto needs financial products — simply positioned and simply transparent — to preserve and grow people’s assets in difficult times. With the COVID-19 crisis showing no signs of abating in the United States, central banks around the world have deployed financial airbags in the form of quantitative easing, and they plan to do a lot […]
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In a world where almost every asset has shown vulnerability, digital assets have proven themselves to be reliable. The coronavirus pandemic has truly been a watershed event — not just for the financial industry but for the world at large. Many had plans and goals that they wanted to achieve before the year ran out […]
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Check out this week’s Bad Crypto podcast. Bitcoin was down a bit this week, stopping just above $11,000. That increase in volatility is only to be expected, say some experts, as we approach the end of some BTC futures and options contracts. Other contributors to increased volatility include Bitcoin’s long period of consolidation and a […]
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