Day: March 11, 2020

NEM Partners with Israeli-Lithuanian Telecom Startup on Cell Phone Security

boss

NEM, one of the oldest peer-to-peer blockchain networks, has partnered with Israeli-Lithuanian telecom startup FIX Network to increase security and data protection for cell phone users and to solve the issue of SIM swapping.  FIX Network will implement SYMBOL from NEM’s enterprise-grade blockchain into its existing cellular infrastructure. The goal is to secure the world’s eight billion SIM cards from cybercriminals with new privacy, security, management and safety solutions. Phone numbers may end up more important than social security numbers FIX Network’s architecture is designed to allow mobile operators to…

Here’s Why Bitcoin Could Rip to the Upside, Moving Past $8,000

boss

Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900. While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could take BTC above $8,000, then potentially higher to recover some of the strong losses the asset incurred at the start of the week. Bitcoin Forms Flurry of Positive Signs Analyst JB recently noted that there is a confluence of…

Here’s Why Bitcoin Could Rip to the Upside, Moving Past $8,000

boss

Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900. While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could take BTC above $8,000, then potentially higher to recover some of the strong losses the asset incurred at the start of the week. Bitcoin Forms Flurry of Positive Signs Analyst JB recently noted that there is a confluence of…

Libertarian Presidential Candidate Proposes ‘AmeriCoin’ to Achieve American Dream

boss

Adam Kokesh, the first libertarian candidate of the 2020 U.S. presidential race, has appointed Alastair Caithness as his chief blockchain policy advisor. The purpose of this role will be to work on the development of a sovereign cryptocurrency, known as AmeriCoin. Going forward, Caithness will focus on the development of a cryptocurrency pegged to all the assets of the Federal government. These include the U.S. government’s substantial land, energy, gold, timber and mineral reserves, Associated Press reported on March 11.  To achieve the American Dream As such, Kokesh aims to…

WHO Labels Coronavirus a Pandemic — Is Crypto Safe?

boss

The World Health Organization, or WHO, just officially classified coronavirus as a pandemic. At present, it is unclear whether Blockchain markets will be negatively impacted by this news, or provide safety from the storm. Officially known as COVID-19, the WHO said coronavirus has spread enough globally to warrant classification as a pandemic, CNBC reported on March 11. “In the past two weeks the number of cases outside China has increased thirteenfold and the number of affected countries has tripled,” Dr. Tedros Adhanom Ghebreyesus, the WHO’s director general, said at a…

What Mainstream Financial Advisors Are Saying About Bitcoin

boss

During the mainstream market’s current decline, investment advisors are giving out a myriad of advice, with some even mentioning Bitcoin (BTC).  Morgan Creek Digital co-founder and partner, Anthony Pompliano, or “Pomp,” tweeted an inquiry to his followers, asking what their financial advisors have told them recently, given the current falling market.  Some Advisors say buy during market decline Amid coronavirus concerns and oil trade events, traditional markets have taken a hit over the last few weeks. According to an age-old adage from investing legend Baron Rothschild, investors should look to…

Russia Updates Its Laws for Cryptocurrencies

boss

The volume of cryptocurrency flows on darknet markets — which are involved in illegal drug and arms trafficking, remittance and transfer of illicit funds — have doubled for the first time in four years, a new report says. Accordingly, Russia has been updating its bribery and Anti-Money Laundering laws regarding cryptocurrencies to aid its burgeoning digital economy. Related: Presumed Guilty: Financial Watchdogs See Crypto as Illicit by Default Cryptocurrency bribery Bitcoin (BTC) hit the headlines in Russia after it emerged that the Russian Federal Security Service, or FSB — successor…

US Homeland Security Charges LocalBitcoins Seller on Money Laundering Charges

boss

Washington state resident Kenneth Warren Rhule has been charged with laundering over $140,000 in bitcoin after agents with Homeland Security Investigations (HSI) made a series of undercover cash-for-crypto deals with the 26-year-old. Rhule faces multiple counts of operating an unlicensed bitcoin money transmitter business and laundering monetary instruments after allegedly meeting with government agents “posing as criminals” interested in buying untraceable bitcoin for their human trafficking operation. Rhule was a seller on LocalBitcoins, a peer-to-peer trading platform used worldwide. Rhule is said to have closed eight deals with the undercover…

YouTube Traders Pit Bitcoin Fundamentals Against Coronavirus Crisis

boss

With the arrival of the coronavirus potentially triggering a global economic meltdown, many are wondering how crypto’s most prominent asset will weather this financial storm. The stock-to-flow model — which values Bitcoin based on its scarcity — shows the cryptocurrency is still on track to hit $100K in 2021. According to the indicator’s creator, everything is still “on S2F track” despite recent price drops. But can Bitcoin’s fundamentals prevail in the face of economic disaster? YouTube Bitcoin bulls, Tone Vays and Carl “The Moon” Martin, tackle these topics and more:…

US Senate Looks at New Cybersecurity Measures for New Era in Homeland Security

boss

In a meeting today, a United States Senate committee examined new measures to enhance federal reporting for cybersecurity vulnerabilities that threaten “critical infrastructure”. They convened in an attempt to establish new support for state and local governments confronting threats like ransomware. A new era in homeland security? The centerpiece of the March 11 hearing of the Committee on Homeland Security is bill S. 3045, the Cybersecurity Vulnerability Identification and Notification Act of 2019. First introduced in December, the new bill looks to amend the landmark Homeland Security Act of 2002…