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Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday
30.6.2020
Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money
Elon Musk Bitcoin Giveaway Scam Rakes in Millions of Dollars in BTC
21.6.2020
‘Elon Musk’ bitcoin giveaways continue to scam people on Youtube. Scammers have reportedly pulled in millions of dollars in bitcoin from people wanting to double their cryptocurrency. Some of them use bitcoin addresses containing the name Elon Musk, Spacex, or Telsa. Before sending...
How Bitcoin of America’s Robust Compliance Program Made Possible the Restitution of Half a Million Dollars to Fraud Victims
19.6.2020
Robust and effective compliance programs for virtual asset exchanges such as Bitcoin of America, which owns and operates a crypto exchange platform as well as a nationwide network of bitcoin ATM locations, isn’t simply a matter of operating a system for CIP, KYC, and AML procedures....
Blockchain Bites: Trump on Bitcoin, Powell on Digital Dollars and the Truth About Terrorist Financing
18.6.2020
Who watches the watchdogs? President Trump reportedly told his Treasury Secretary to go after Bitcoin while the DEA failed to properly oversee crypto investigations
Blockchain Bites: Designing Digital Dollars and Following the Quadriga Trail
12.6.2020
The Ontario Securities Commission says QuadrigaCX, an infamous Canadian exchange, was a Ponzi scheme, while the National Science Foundation is issuing a grant to design a national digital currency
National Science Foundation Funds Research Into Crypto Dollars
12.6.2020
The National Science Foundation has given blockchain startup KRNC $225,000 to design cryptocurrency features for the U.S. dollar
Congress Weighs Digital Dollars for Aid After Stalled COVID-19 Stimulus Payments
11.6.2020
In the aftermath of disappointingly slow COVID-19 stimulus payments, Congress hears testimony on using digital dollars to upgrade the U.S.’s legacy financial infrastructure
Recent Data Hack Could Put Millions of Dollars in Bitcoin at Risk
3.6.2020
Hackers stole over 5,000 email addresses from Coinsquare’s database and aim to use it for SIM swapping
What I Learned the First Time I Lost a Million Dollars
21.5.2020
It doesn't take long to learn how to trade, but it takes a lifetime to learn how to manage risk, says Jeff Dorman, CIO at Arca
Stablecoin Supply Breaks $10B as Traders Demand Dollars Over Bitcoin
12.5.2020
The value of assets for all stablecoins surpassed $10 billion as more cryptocurrency traders prefer alternative cryptocurrencies using dollar-backed digital tokens instead of bitcoin, according to Coin Metrics data
Free SSL Certificates with ZeroSSL (Sponsored)
12.5.2020
During my early years in web development, one of the most costly and annoying tasks was securing and installing security certificates on client websites. Most providers charged hundreds of dollars for SSL certs and getting them configured properly was a huge source of stress. Securing sites is much...
Digital Dollars Give the State Too Much Control Over Money
2.5.2020
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law
$8.8 Trillion Traded in Cryptocurrency Spot and Futures Markets in Q1: Reports
27.4.2020
The combined total trading volume in the cryptocurrency spot and futures markets amounted to approximately $8.8 trillion in the first quarter, according to two new industry reports. The amounts represent a massive 314% quarterly increase for futures trading and 104% for spot trading. Further,...
Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations
24.4.2020
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain...
Digital Dollars Can Reduce Unemployment, Here’s How
23.4.2020
A blueprint for a central bank digital currency designed with a specific purpose: stopping layoffs
Dharma Enables ‘Social Payments’ to Send Dollars via Global Twitter Handles
22.4.2020
Dharma enables users to send U.S. dollar payments by global Twitter handles
Largest US Banks Expect Billions in Loan Losses, Profits Plunge
19.4.2020
Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...
IMF Predicts Worst Global Crisis Since Great Depression, Costing $9 Trillion
16.4.2020
The International Monetary Fund (IMF) said the world’s current economic crisis is the worst downturn since the Great Depression, and no country is spared. The IMF estimates that the cumulative loss to global GDP from the pandemic could be around 9 trillion dollars. Also read: IMF Declares...
In US Congress, New Bill Demands ‘Digital Dollars’ by January for Monthly COVID-19 Aid
16.4.2020
“Digital Dollar” returns to US Congress in newly introduced legislation demanding monthly $2,000 payments to citizens for at least the next year
G20 Considers 10 Rules for Regulation of Stablecoins Like Facebook Libra
15.4.2020
The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins. Also read:...