Bitcoin Goes Corporate, or at Least the Blockchain Does
“The back office in financial services is finally sexy again,” says Jim Zemlin, the executive director of the Linux Foundation. It’s not often you hear “back office” and “sexy” in the same sentence, and it may never happen again. But…
Puerto Rico Might Start Cutting Pensions To Deal With Debt Crisis
Treasury Secretary Jack Lew said Monday pension cuts are on the table for Puerto Rico to help deal with the debt-ridden island’s fiscal woes. The commonwealth – which faces a $70 billion debt burden and recently defaulted on a major…
World’s Largest Cloud Mining Provider Genesis Mining Announces Significant Decrease in the Ethereum Mining Price
Press Release: Mining Ether just got a whole lot cheaper as cloud mining giant Genesis Mining release pictures of the largest Ether cloud mining farm in the world, Enigma. Ethereum is one of the fastest growing cryptocurrencies next to Bitcoin….
The Titillating And Terrifying Collapse Of The US Dollar. Again.
The Titillating And Terrifying Collapse Of The US Dollar. Again. by Michael Pettis – China Financial Markets Foreign perceptions about the Chinese economy are far more volatile than the economy itself, and are spread across a fantastic array of forecasts….
China “Encourages” Economists To Be More “Positive” About The Economy
As if there were any doubts that China’s economic stats were a tad “Shady”, let those worries rest. China is reportedly issuing verbal warnings to economist, analysts and business journalists that are making less than rosy predictions for the future…
Was There a Connection Between Craig Wright and Bitcoin Price?
Was There a Connection Between Craig Wright and Bitcoin Price? Option Investing Partners – The mainstream media has been having a field day ever since Craig Wright, the Australian computer scientist proclaimed himself to be the Satoshi Nakamoto. After Craig…
Panama Papers whistleblower speaks out, targets ‘wrongdoing by the elite’
The whistleblower who unleashed the world’s largest ever stash of secret documents, known as the Panama Papers, has finally spoken out. In a 1,800-word statement titled The Revolution Will Be Digitized, “John Doe” takes aim at income inequality, offshore money…
Edward Snowden: Panama whistleblower’s manifesto is essential reading
Berlin (dpa) – US whistleblower Edward Snowden described the manifesto of the source of the Panama Papers leak as essential reading, ahead of the online release of more data expected Monday. “The anonymous source of the #PanamaPapers speaks for the…
How to Survive the Fintech Onslaught
The concept of what defines disruptive technology, a term coined by Harvard business professor Clayton Christensen, is controversial. But the power of high-tech innovation, of course, is not. Do traditional financial firms face the kind of threat today that taxi…
Ransomware Biggest Cybersecurity Threat
TEHRAN (FNA)- Simple attacks plus user willingness to pay ransoms to get their files back means ransomware is on the rise, warn Kaspersky researchers. Ransomware has replaced advanced persistent threat (APT) network attacks as the most problematic cyberthreat — and…