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FinCEN leak suggests new AML measures may not go far enough… for banks
21.9.2020
The leaked documents show many banks 'enabling' money laundering
Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
18.9.2020
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. The latest...
Huobi Global Announces Measures to Strengthen Its Presence in Russia
22.8.2020
The exchange is taking advantage of the growing Russian crypto market
High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’
13.8.2020
Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. This was the same time as many countries implemented lockdown measures....
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
1.8.2020
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...
Twitter Promises Additional Security Measures
18.7.2020
Twitter will add more security training to prevent a repeat of the hack that hit 130 accounts including celebrities
Bingbon All Set to Partner with SlowMist to Strengthen Security Measures
17.7.2020
Bingbon is a fintech organization committed to building digital asset derivatives accessible and available to everyone. It aims to empower all members from varying backgrounds to invest with the utmost clarity and transparency. Bingbon permits clients to exchange agreements of cryptos, forex...
Whale Alert Can No Longer Tweet Due to Twitter’s Anti-Hack Measures
16.7.2020
Whale Alert’s crypto transactions are still available on its Telegram channel, but its Twitter profile has been hampered for the time being
We need more inclusive web performance metrics
10.7.2020
Scott Jehl argues that performance metrics such as First Contentful Paint and Largest Contentful Paint don’t really capture the full picture of everyone’s experience with websites:
These metrics are often touted as measures of usability or meaning, but they are not necessarily meaningful...
US Government Prediction: Economy Faces 10-Year Recovery, $8 Trillion Loss From Coronavirus
3.6.2020
The U.S. Congressional Budget Office has projected that the coronavirus crisis will cost the U.S. economy about $8 trillion. Many factors play a part in shrinking the economy, such as business closures, social distancing measures, consumer spending, a drop in energy prices, and recent legislation....
Blockchain ID Solution Aims to Tackle Spike in Delivery Fraud Amid Coronavirus Measures
29.5.2020
Nuggets, a digital identity and payments platform, has developed a way to accept deliveries without needing a physical signature to combat a spike in fraud during the coronavirus pandemic
Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
27.5.2020
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...
Bitcoin Sentiment on Twitter Reaches Its Highest Level in 3 Years, Says Data Firm The Tie
20.5.2020
Positive investor sentiment about bitcoin (BTC) on Twitter has reached record levels – its highest in three years – triggered by the cryptocurrency’s supply cut earlier this month, data shows. According to crypto data company The Tie, the 30-day average daily sentiment score is...
Mark Cuban Suggests New Measures to Revive the Economy; Peter Brandt Endorses the Idea
18.5.2020
The world was already fighting a growing economic slowdown, and Coronavirus pandemic has worsened the matters even further. With almost a third of the world under lockdown, economies have come down crashing, and revival, even for giants like the US, has become extremely difficult. To tackle this...
MakerDAO Takes New Measures to Prevent Another ‘Black Swan’ Collapse
4.5.2020
The DeFi lending market MakerDAO has updated its governance protocols to prevent another occurrence of forced liquidations that lead to huge losses
$2K per Month for Every American: Andrew Yang Begs Congress to Pass Basic Income
26.4.2020
While most of the U.S. remains on lockdown, a few states across the nation are starting to open up businesses and lift restrictions. Meanwhile, politicians on the left have been trying to push a universal basic income (UBI) package through Congress, in order to give Americans in need a monthly...
Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents
12.4.2020
Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they...
IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed
30.3.2020
The International Monetary Fund (IMF) has declared that we have entered a global recession — one that is as bad as or worse than the previous global financial crisis. 80 countries have already requested emergency assistance from the IMF. Meanwhile, the G20 has reported fiscal measures...
South Korean Crypto Exchanges Ready Compliance Measures as Clock Ticks
19.3.2020
South Korea’s landmark Special Financial Transactions Information Act amendment was promulgated earlier this week, a fortnight after the country’s parliament voted unanimously in its favor.
Although many industry players have been galvanized by it, others have warned that its stipulations – which...
Measures Taken by the Tech Firms to Combat the Aftermath of the Deadly Coronavirus
12.3.2020
Coronavirus or Covid 19 is a virus showing symptoms just like normal influenza, but if not diagnosed on time, it may even cause death. Common signs of the infection include fever, respiratory complaints, cough, shortness of breath, etc. A novel Coronavirus or nCoV is a new strain of the virus...