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The U.S. government is expanding its cryptocurrency analysis in a strategy to find and pursue criminal transactions. This comes in the wake of a rising problem of ransomware involving cryptocurrency, such as bitcoin. “Combating ransomware is a priority for the administration,” said a spokesperson for the White House. US Government to Expand Cryptocurrency Analysis The […]Powered by WPeMatico
On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less powerful. Now critics like JPMorgan Chase CEO Jamie Dimon and American economist Larry Summers have blasted […]Powered by WPeMatico
White House officials are believed to be examining existing rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw last week.
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The prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number of crypto proponents have reported on the darknet marketplace, White […]
The post Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only appeared first on Bitcoin News.
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According to two anonymous sources, U.S. President Donald Trump is considering clemency for Ross Ulbricht. White House reporters Asawin Suebsaeng and Adam Rawnsley claim sources detailed that Trump “has expressed sympathy” for Ross Ulbricht and his double life sentences. Ross Ulbricht may get clemency from the sitting U.S. President Donald Trump if the American leader […]
The post Report Claims US President Trump Considering Clemency for Ross Ulbricht appeared first on Bitcoin News.
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U.S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again. The U.S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. The bailout is intended to cushion families against the covid-19 fallout. Instead of buying groceries or paying rent, many […]
The post Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit appeared first on Bitcoin News.
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Ever since the coronavirus outbreak swept the globe, darknet markets (DNM) have grown exponentially and the lockdowns worldwide are prompting first-time DNM buyers. Currently, the largest DNM on the invisible web is the marketplace Empire, and the only thing impeding the rush of DNM sales these days are the general worries over the postal and […]
The post The Covid-19 Crisis Fueled Darknet Markets – A Patron’s Biggest Concern Is Mail Disruption appeared first on Bitcoin News.
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Technology companies have a big role to play to find a cure for the novel coronavirus. The White House is officially asking for help from Silicon Valley to address this major situation accordingly. The White House is genuinely – and rightfully – concerned about the novel coronavirus. White House Shows a Proactive Approach Finding a solution to deal with this situation will not be easy by any means. Rather than going at it alone, different industries will need to join forces as soon as possible. To ensure that is the case, Silicon Valley will need to offer a helping hand.
The post The White House Hopes Silicon Valley can Help Thwart the Novel Coronavirus appeared first on The Merkle Hash.
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The White House released the Budget of the U.S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts to combat threats including from cryptocurrency. Also read: Bitcoin, Tesla […]
The post Trump Views Crypto a Threat, Proposes Countermeasures in New Budget appeared first on Bitcoin News.
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The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common tool for these unethical and illicit activities, […]
The post The White House Just Blamed Bitcoin for America’s Opiate Crisis appeared first on Bitcoin News.
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