Cryptocurrency News From Japan: June 14 – June 20 in Review
A new report on Japanese crypto regulation, an institutional crypto custody service, and more headlined news from Japan this past week. Go to Source Powered by WPeMatico
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Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTC
A number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4.6 trillion in cash sitting on the sidelines right now, could very well flow into precious metals and crypto-asset markets. Moreover, other investors have … Read more
Blockchain Platform We.Trade Reportedly Slashes Workforce by Half
The blockchain trade finance platform backed by major banks reportedly laid off almost half of its workforce due to a lack of funding. Go to Source Powered by WPeMatico
Crypto-Ransomware Attacks Are Spreading Like a Hacking Wildfire
With ransomware attacks up 200% in the last two years, Cointelegraph looks at some of the methods bad actors are employing and how to avoid them. Go to Source Powered by WPeMatico
Chinese Tech Group Behind TikTok Looks to Enter Finance
Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance. Go to Source Powered by WPeMatico
Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program
During the last three months, the U.S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the central bank will be buying individual corporate bonds on a regular basis. Moreover, … Read more
Samsung-Backed Blocko to Build Blockchain-Based Credit System for Arab Bank
The Islamic Development Bank’s research organization has partnered with Blocko to build a blockchain credit management system. Go to Source Powered by WPeMatico
US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher Giancarlo, and members from the Electronic Transactions Association. The Covid-19 outbreak and following panic, … Read more
Ripple Keeps Onboarding Partners Despite COVID-19 Crisis
Ripple has slowly been building up a global network of partners who use their technology and services. If Navin Gupta is to be believed, there are nearly 350 financial institutions using RippleNet, with more to be added in the near future. Ripple’s technology has been of great interest to banks and other financial service providers. … Read more
How to Build a Financial Growth Mindset
Money troubles are surprisingly common among Americans – more than half of Americans regret not saving more money for later in life and of those, most regret underfunding their retirement accounts, emergency funds, and the money toward the education of their children. As of 2020, American total household debt reached a new high as Americans … Read more