„Geld ist nichts mehr wert“, so das markante Statement von Oswald Grübel, dem EX-CEO der Credit Suisse. Oswald Grübel führte in seiner Bankerkarriere gleich beide Schweizer Grossbanken, die UBS und die Credit Suisse. Sein Interview in der NZZ am Sonntag (Paywall-Artikel) wurde von den internationalen Medien von London bis Australien aufgegriffen: Negative Zinsen sind verrückt. Das heisst, Geld ist nichts mehr wert. Solange wir negative Zinsen haben, wird die Finanzindustrie...
Read More »Türkei vor Bitcoin Boom? Regierung sperrt 3.3 Millionen Bankkonten
Am Montag dieser Woche sperrte die türkische Regierung sage und schreibe über 3,3 Millionen Bankkonten. Hunderttausende Bürger erhielten Bescheide zur Zwangsvollstreckung, die ihnen die Einfrierung ihrer Bankkonten mitteilten. Die grösste Schwierigkeit der türkischen Bürger ist, dass die Kontensperrung zu Beginn des Monats erfolgte. Die türkische Regierung sperrt so nicht nur wichtige, finanzielle...
Read More »McAfeeDex: Internet-Pionier startet dezentralen Bitcoin-Exchange
McAfeeDex: Die dezentrale Bitcoin-Börse des Internet Pioniers John McAfee ging heute Nacht live. John McAfee verspricht Sicherheit und Dezentralität und jetzt ist sie live: Die dezentrale Bitcoin-Börse des Internet Piooniers John McAfee. Diese soll eine dezentrale Handelsplattform für virtuelle Währungen bieten, die keinen staatlichen Beschränkungen unterliegt. Und so sieht der erste Screenshot aus: Seit wenigen Stunden live und hier ist...
Read More »GE Pension Failure Could Send Investors into Arms of Bitcoin
General Electric (GE) has decided to freeze its pension plan, removing two of the key features that have come to be associated with retirement savings – secure and guaranteed – for tens of thousands of employees. GE isn’t the first company to pull the plug, but as one of the oldest traditional companies in corporate America, it sends a strong signal to employees that they can no longer bank on their employer for retirement benefits. Now, instead of shouldering the risk for employees, GE...
Read More »Telegram Vulnerable to New Form of Crypto Malware
Telegram is once again in the news, only this time, it doesn’t have to do with some fancy new partnership. The encrypted chap application is being used by hackers looking to potentially steal cryptocurrency.Telegram Has Had Its Ups and DownsThe thefts are occurring through a new form of malware known as the Masad Stealer, which searches through internet cookies, browser passwords and clipboard data. Hackers in charge can replace with data of their own, i.e. bitcoin or cryptocurrency addresses...
Read More »German Bank: Bitcoin Is Low, but It’ll Be Big in 2020
Bitcoin fell below $8,000 again yesterday, trading at roughly $7,800. It was an ugly sight to see, but as analysts are learning right about now, the present resistance level is still at around $8,100 given that the currency has jumped back up to this position within the last 24 hours.Bitcoin Is About to Get BiggerThe volatility that has been striking the coin over the past ten years – yes, it’s been vulnerable to price swings since it first emerged in the financial space – is far from over....
Read More »Ripple Price Analysis: XRP Breaks Crucial Resistance Against Bitcoin, Is $0.30 Next?
XRP saw an increase of around 8% over the past 24 hours, bringing its price up to $0.2764. This latest spike is largely attributed to XRP being able to smash above the 3112 SAT resistance level against BTC. Despite this hike, the cryptocurrency is still down 30% over the previous 3 months as it makes its way back toward the $0.30 level.XRP remains the third-largest cryptocurrency with a market cap of $11.92 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD analysis, the...
Read More »Crypto Security: What Is Cryptojacking? How to Prevent and Defend Against It?
Cryptojacking is the term used for an attacker gaining unauthorized access to your computer for mining (or minting) cryptocurrencies. The attack poses a critical threat since it utilizes your system resources, thus diminishing them for you. That means you may wonder if a program crashed or hung when the actual culprit would be a malware mining cryptocurrencies on your machine.Though the malware usually mines cryptocurrencies quietly in the background, it may not always be the case. Maybe it...
Read More »Lawsuit Claims Bitfinex and Tether Manipulated the ‘Largest Bubble in Human History’
In a typical class action, a plaintiff, per Wikipedia, sues a defendant or more of them on behalf of a group, or class, of absent parties. This differs from a traditional lawsuit, where one party sues another party for redress of a wrong, and all of the parties are present in court. We already reported of how Bitfinex and Tether are expecting another lawsuit for market manipulation.Now, a class-action lawsuit was filed on Monday against Bitfinex, Tether and other members in the United States...
Read More »You Can Bet on whether or not Facebook’s Libra will Launch by 2020
Facebook’s forthcoming digital currency, the Libra, is probably the most uncertain project in the cryptocurrency industry at the moment. Ever since the company announced its plans to issue the asset, there has been significantly heavy backlash both from the public and also from the U.S. Congress, so much that the earlier proposed date for early next year is quite shaky, if not completely impossible. Now, a crypto futures exchange firm seems to be taken advantage of all the uncertainty of the...
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