Cryptocurrency Analysis and News Portal
Ripple used to position itself as the regulator-friendly crypto firm.Now the company is threatening to leave the U.S. over regulatory uncertainty.Lack of clarity from the SEC about XRP’s legal status looks to be the sticking point. The company is fighting several private investor lawsuits over the securities question and reportedly eyeing
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The United States national security apparatus is warning other agencies about China’s upcoming digital currency. On Wednesday, news outlet the Washington Examiner reported on a letter that National Intelligence Director John Ratcliffe had sent Securities and Exchange Commission Chairman Jay Clayton earlier in the month.According to the report, Ratcliffe offered to
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Are cryptocurrencies a new form of money and, if so, do they threaten state power? Our friend Nic Carter has recently commented on these questions in dialogue with the Federal Reserve Bank of New York. We would like to add our perspective and thoughts on this, as we believe there is value to be
Read MoreThe U.S. Department of Justice has released an international statement claiming that end-to-end encryption “poses significant challenges to public safety,” including sexually exploited children. In an Oct. 11 statement from the DoJ, the agency called on technology companies to work with the government to find a solution for strong data encryption
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The U.S. stock market faces gloomy prospects as U.S.-China relations worsen.Strategists warn that the U.S. and China face an “all-out cold war,” as the dispute between the two countries intensifies.Equities remain vulnerable heading into Q4 without stimulus and clarity on vaccines.The U.S. stock market faces a new threat in the
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Bitcoin (BTC) has crossed into the bullish territory, but may remain vulnerable to another sell-off in stocks. Source
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Cybersecurity experts at ESET published an in-depth study about a new malware named “KryptoCibule.” This exploit specifically targets Windows users with three methods of attack, including by installing a crypto mining app, directly stealing crypto wallet files, and replacing copy/pasted wallet addresses as a means to hijack individual transactions.According to
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Facebook Shops launched this week, several months after a similar feature went live on Instagram. Small businesses dissatisfied with Amazon Marketplace finally have an alternative. Facebook’s partnership with Shopify should scare Amazon. Earlier this week, Facebook quietly launched a shopping tab on its flagship app. The move comes months after the social media
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Dow Jones Industrial Average (DJIA) futures turned positive on Tuesday, erasing overnight losses. Contrary to yesterday’s bombshell threat, Chinese firms continued to purchase US agriculture products as normal. China appears to have walked back its threat to halt US soybean purchases and hold up its end of the phase one trade deal,
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The Dow has jumped 35% since March 23, fueled by investors’ optimism. Pay cuts are a big threat to the stock market rally. With less money in their pockets, Americans will spend less, further delaying the recovery. The U.S stock market has rallied since March 23, after plunging more
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