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Nalezeno "money": 3623

Tesla Foils Ransomware Attack After Employee Rejects Bitcoin Bribe Worth $1 Million

1.9.2020
Tesla’s Elon Musk has said the company recently foiled attempts to infect its computer network with malicious software, after an employee cooperated with the FBI in an investigation. The malicious software would create an opportunity for criminals to extort money from Tesla. Musk’s...

Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa

31.8.2020
Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm...

Crypto has a chance to upgrade the legacy financial system

30.8.2020
Humanity may never have a better chance to change finance than we do now, and crypto and blockchain could help us

Mr. Powell, If You Want Higher Inflation, Give People Money

29.8.2020
The Federal Reserve wants a little more inflation to keep the economy buoyant. That's hard to achieve when Main Street is so under water

Digital yuan doesn't pose a threat to the hegemony of the dollar, says expert

28.8.2020
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate

Money Reimagined: From COVID Generation to Crypto Generation

28.8.2020
Millennials and Generation Zers have many reasons to embrace crypto and reform the financial system in their own interests

Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading

28.8.2020
Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted to one mobile money account...

Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report

28.8.2020
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). The study singles out what it calls the “G7 banking group”, which includes BBVA...

Switzerland’s top online retailer completes transaction with digital franc

27.8.2020
The first regulated stablecoin in Switzerland is entering e-commerce

A new report from Mexico says banks are used to launder money more than crypto

26.8.2020
The traditional banking sector is lagging behind in the race with crypto

Bybit expands to Japan and Korea with new fiat payment gateways

26.8.2020
ByBit has also added support for the Vietnamese language on its platform

Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License

26.8.2020
The decentralized finance (defi) open-source protocol built on Ethereum, Aave, has surpassed the Maker Dao project in terms of total-value-locked (TVL) this week. The lending and borrowing platform Aave has $1.43 billion locked on Tuesday climbing 7.7% in the last 24-hours. On August 25, the defi...

P2P Cryptocurrency Exchanges in Africa Pivot: Nigeria and Kenya the Target Markets

25.8.2020
Leading cryptocurrency exchanges are bullish about Africa’s growth prospects as evidenced by their ongoing forays into the continent. During the month of August, Kucoin crypto exchange announced the addition of Nigeria’s naira currency as a payment option on its peer-to-peer platform....

Bitcoin is on target to hit $288K as US money velocity collapses in Q2

25.8.2020
An analyst warns that there is now “just too much money to spend” as the wild money printing regime of central banks fuels Bitcoin’s strength

UK Watchdog Eyes Extension of Money Laundering Risk Reporting to Crypto Firms

25.8.2020
The Financial Conduct Authority is seeking to oblige more firms, including some working with cryptocurrency, to report how they manage the risks of financial crime

Venezuela Blocks Opposition From Disbursing $18 Million To Health Workers via Bitcoin Exchange Airtm

25.8.2020
Venezuela has blocked the main opposition from distributing $18 million worth of cash previously seized by the U.S. from the Nicolas Maduro government. The money is being dished out via peer-to-peer (P2P) crypto exchange Airtm to 62,000 healthcare workers starting Monday. However, it is not...

IMF Publishes Cryptocurrency Explainer, Saying It ‘Could Be the Next Step in the Evolution of Money’

24.8.2020
The International Monetary Fund (IMF) has published a video explaining what cryptocurrency is. Besides suggesting that cryptocurrency could “completely change the way we sell, buy, save, invest, and pay our bills,” the video states that it “could be the next step in the evolution...