Tuesday, September 26, 2023
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Circle preps $1B war chest to deal with market threats from PayPal and others

Stablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization and fresh competition from the traditional finance and technology industries, said CEO Jeremy Allaire. In an interview with Bloomberg, Allaire revealed the war chest and shared his views on the uptick in competition from

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IMF sees climate change, DAOs, CBDC as threats to Marshall Islands, urges reforms

The Republic of the Marshall Islands (RMI) has completed its annual talks with the International Monetary Fund (IMF). The country is expected to see gross domestic product (GDP) growth this year, the IMF concluded, in a recovery from the impact of COVID-19 and the contraction of its fishing industry. Climate

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Bomb threats targeting US retailers demand bitcoin payments, FBI involved

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Law enforcement authorities in the US are intensifying efforts to investigate a series of bomb threats targeting major retail chains, with the culprits demanding payments in bitcoin, according to a WSJ report. Over the past few months,

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Partnership between Binance and Taiwan law enforcement aims to combat cyber threats

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As part of its Global Law Enforcement Training Program, Binance has partnered with Taiwan’s Criminal Investigation Bureau (CIB) to provide specialized knowledge and support in addressing digital asset-related crime to over 200 law enforcement officers in

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Hong Kong Police Launches New Metaverse Initiative to Explore Threats & Opportunities in Web3

The Hong Kong Police Force has established a metaverse security platform through a specialized unit to educate the public on Web3 dangers. The Hong Kong Police Force has launched a new metaverse platform called CyberDefender to address the potential dangers of the metaverse. The new platform protects Hong Kong citizens in their Web3

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Threats to US Dollar’s Dominance Largely Domestic — Not BRICS Currency or Chinese Yuan – Economics Bitcoin News

Bank of America has warned that the key threats to the U.S. dollar’s dominance are largely domestic, as opposed to competition from other currencies, including a BRICS currency. “U.S. fiscal brinkmanship, with risks for government shutdown, or even worse a default, keeps coming up during debt ceiling discussions,” the bank’s

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North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin – Bitcoin News

The government of North Macedonia believes that an ongoing wave of false bomb threats against public targets in the country is coming from Russia and Iran. The authorities in Skopje also say that payments related to the attacks have been made with cryptocurrency to conceal traces. Over 700 Facilities Targeted With

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