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Posts Tagged ‘Global’

Global Android Vulnerability Could Grab Wallet and Banking Data

The exploit works by highjacking a legitimate app as it’s launched on almost any Android phone. Instead of going to the welcome screen or login page, the exploit allows a piece of malware to display so-called permissions pop-ups, the kind that asks if the app can access your contacts, location, and stored data. When you…

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Bitcoin Price Shows Striking Correlation to Distressed Global Markets

Bitcoin has widely been considered to be a macro hedge asset against failing global economies, but an exact figure showing this has remained a mystery. Recent findings by a Senior Research Analyst, however, has highlighted that the correlation between the two does exist, and is perhaps much stronger than people might think.  Growing Demand in…

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Could China’s War on Cash Herald a New Global Crypto Revolution?

There are no mixed signals with regards to blockchain and crypto coming from China at the moment. The People’s Republic is full steam ahead on distributed ledger technology as it prepares to ready its population for its own central bank crypto currency. A Chinese war on cash could be the start of a global crypto…

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Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report

The U.S. Federal Reserve Board on Friday warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.  The central bank’s prognosis – buried deep in the November edition of its semiannual “Financial Stability Report” – rests on a stablecoin worst case…

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Bithumb Global Launches Native Token for Exchange Ecosystem

Bithumb Global has launched a native coin for Bithumb Chain, the exchange’s custom blockchain. Launched under the “BT” ticker, Bithumb Coin will work as a medium of exchange for the ecosystem, the company told CoinDesk in a statement Tuesday. The Bithumb Chain itself is expected to launch sometime in the first quarter of 2020. From…

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Bitcoin Price Dips Below $9,000 as Global Stocks Slump

Bitcoin price teetered on the brink of $9,000, breaking down along with global stock prices. Analysts believe the Friday slump across markets is a response to the still uncertain trade deal between the US and China. Stock Market Gloom May Spill Over Onto Bitcoin Stocks slid across the board on Friday, as optimism waned on…

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Huobi Global Is Forcing US Customers to Use Its Local Partner

Huobi Global will kick all of its U.S. customers off its platform later this month. The cryptocurrency exchange announced it would freeze all U.S. accounts on Nov. 13, framing the move as a compliance step made to conform to U.S. laws and regulations. Huobi is recommending that customers transfer their assets to HBUS, the U.S.…

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Russian Bitcoin Miner Wants To Control 20 Percent of Global BTC Mining

Bitcoin mining will breathe new life in a closed Russian aluminum plant which lost access to American customers following the introduction of U.S. sanctions in April 2018. Russian Mining Company’s (RMC) Dmitry Marichinev wants to ramp up BTC mining across Russia . For this, he has sought ground in the Nadvoitsky Aluminum Plant (NAZ) in…

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