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Tag Archives: Cryptocurrency

Google's breakthrough in quantum computing is extremely fearful in the cryptocurrency industry

In a recent publication by Google the tech monster claims to have achieved "quantum supremacy" through its Sycamore quantum chip. Quantum superiority essentially means the ability of a device to solve problems that conventional supercomputers can not practically solve. While this may be conducive to technological advances, development has created uncertainties for the future of bitcoin and cryptocurrency in general. …

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SEC stops Telegram's cryptocurrency plans in the United States

The agency says Telegram did not register the offer with its office, and because it sees Grams as a security, it accuses the company of violating the Securities Act of 1933. It is not clear how this injunction would affect Gram's launch all the way. Former SEC lawyer Zachary Fallon told Bloomberg that this may also make it more difficult …

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eBay and Stripe to end the cryptocurrency of Facebook

Ebay and Stripe are the second and third largest companies in a week to leave Facebook's planned cryptocurrency due to continued political pressure and just days before project supporters meet for their first board meeting. "We respect the vision of the Libra Association very much. However, eBay has decided not to act as a founding member. Currently, we are focusing …

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Bitcoin price and other headlines in cryptocurrency

There have been further protests in Hong Kong this week as residents feel their democracy is being undermined. Of course, we can show our own misfortunes with the current global financial system by simply buying Bitcoin. And no teargas container in sight. Bitcoin Price: The Moves of the Week After the Bitcoin price fell to $ 8,000 last week, some …

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PayPal supports the cryptocurrency scheme of Facebook

Photo : Sean Gallup ( Getty ) A few days after [19459015DasWallStreetJournalberichtete that some companies supporting the cryptocurrency of Facebook are considering bowing out of the so-called "cryptomafia". PayPal was the first to do so on Friday, and announced that this will not be longer to participate in the Libra Association. "PayPal has decided not to participate in the Libra …

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Sounds like things are not going well for Facebook's cryptocurrency scheme

Photo: Chip Somodevilla (Getty Images) There was no lack of official opposition to Facebook and dozens of corporate partners plan to set up a cryptocurrency global payments network, Libra. A brief list of concerns could include the heads of the US Federal Reserve and the US Treasury, the House and Senate Banking Committees, EU antitrust officials, Indian and Chinese tax …

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US legislator continues to express concern about Facebook cryptocurrency

WASHINGTON: US House of Representatives Finance Committee Chairperson said on Sunday (August 25) that she remains concerned about Facebook's plans for a digital currency after hitting government officials in Switzerland, Facebook announced had that they would fix this. I appreciate the time it took the Swiss government officials to meet with us, but I'm still worried about allowing a large …

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Trump criticism of the cryptocurrency sends bitcoin price lower

The value of Bitcoin has recently fallen below $ 10,000, after President Donald Trump posted a criticism of the cryptocurrency on Twitter. President Trump reports that he is "not a fan" of the cryptocurrency. What does this mean for Bitcoin investors? What is Bitcoin? A cryptocurrency is a digital asset that serves as an exchange medium and uses cryptography to …

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BoE Governor Mark Carney Suggests Global Cryptocurrency

Bank of England Governor Mark Carney proposed replacing the US dollar with a central bank-issued cryptocurrency such as Facebook Libra. Carney proposes the synthetic hegemonic currency. On August 23, 2019, while Carney spoke at the Federal Reserve Symposium in Jackson Hole, Wyoming, how Brexit uncertainties, continued tensions in world trade, and overall weaker business activity are worsening the global economy. …

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North Korean cryptocurrency raids an estimated $ 2 billion: UN report

The report submitted to the United Nations Sanctions Committee for North Korea accuses North Korea of ​​using hackers to "force illegal transfers of funds from financial institutions and crypto-currency exchanges, launder stolen revenues, and generate revenues to avoid international sanctions." Investigators say these activities could help fund the development of nuclear weapons and ballistic missiles in North Korea. The allegations …

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