The Era Of Customized Blockchains Is Rising Because Smart Contracts Aren’t Really ‘Smart’
Published by ValueWalk Bitcoin laid the foundation of a decentralized peer-to-peer asset with a unique economic security model that is trustless, borderless, and censorship-resistant. Bitcoin is a standalone blockchain and doesn’t have an execution environment for running smart contracts. Q1…
Inflation Storm Coming
Published by ValueWalk S&P 500 going nowhere, repelling selling pressure concentrated to value as tech mostly defended the daily ground – that‘s a fair summary of the stock market going into today‘s CPI. VIX rising and the put/call ratio as…
Bank regulators plot toughest capital rule for bitcoin
Published by Reuters By Huw Jones and Tom Wilson LONDON (Reuters) -Banks must set aside enough capital to cover losses on any bitcoin holdings in full, global regulators proposed on Thursday, in a “conservative” step that could prevent widescale use…
Meatpacking giant JBS pays $11 million to ransomware hackers
Published by The Bangkok Post WASHINGTON: JBS, one of the world’s biggest meat processors, has paid bitcoin worth $11 million in ransom to hackers to prevent any further disruption after a paralyzing cyberattack believed to have originated in Russia. Hackers…
Meatpacker JBS says it paid equivalent of $11 million in ransomware attack
Published by Reuters (Reuters) -Meatpacker JBS USA paid a ransom equivalent to $11 million following a cyberattack that disrupted its North American and Australian operations, the company’s CEO said in a statement on Wednesday. The subsidiary of Brazilian firm JBS…
In a world first, El Salvador makes bitcoin legal tender
Published by Reuters By Nelson Renteria, Tom Wilson and Karin Strohecker SAN SALVADOR (Reuters) -El Salvador has become the first country in the world to adopt bitcoin as legal tender after Congress approved President Nayib Bukele’s proposal to embrace the…
Timber! What Do Insane 2021 Lumber Prices Mean for You?
Published by ValueWalk As many commodities have continued to climb impressively, one stands out like a sore thumb to me: lumber. What can the price of lumber mean, or more importantly, do for you? [soros] Q1 2021 hedge fund letters,…
Bitcoin and Jersey could be perfect together | Opinion
Published by NJ.com By Joseph Signorello III I’ve spent my entire career in finance and technology. Before moving back to the U.S. and New Jersey, I spent a good portion of that career in Switzerland. Outside of our lack of…
Hamas’ coffers filled up with Bitcoin during Israeli bombing
Published by Al-Araby Bitcoin has found its way into Hamas’ coffers in increased quantities from the beginning of May’s escalation in the Gaza Strip. This is helping the organisation bypass global restrictions and acquire money for its armed efforts, The…
$2.2 Million Of Colonial Pipeline Cyberattack Ransom Recovered By Justice Department
Published by uPolitics.com The U.S. government has successfully recovered $2.27 million of the $4.4 million ransom payment paid by Colonial Pipeline to the Russian hacking ring DarkSide. Colonial Pipeline, one of the East Coasts’ largest fuel suppliers, was attacked in…