Vom Bundesfinanzministerium ist ein Bericht zu den Risiken und Gefahren im Kontext mit der Terrorfinanzierung ergangen. Mit diesem Bericht hat das Ministerium auch das Risiko in Bezug auf Geldwäsche analysiert. Der Bericht dient der Information von Behörden und Bürgern. Im Rahmen dieses Berichtes wurde auch auf sogenannte Kryptowährungen eingegangen, die hier als Kryptowerte bezeichnet werden. Das...
Read More »Facebook Rewarded Investors With Over 400% Returns Since Its IPO in 2012
It just over 7 years that social media giant Facebook decided to conduct an IPO. Since then, Facebook (FB) stock has been one of the favorite picks for investors looking for handsome returns.If we look at the Facebook stock price chart since May 2012, we can see a steady rise with minor swings until July 2018. It was in July last year when the Cambridge Analytica scandal broke out showing Facebook’s alleged breach of data and user privacy. The FB stock took a massive hammering losing 33% of...
Read More »$6.4 Billion Worth of Crypto Is Being Staked, According to Binance Research
A recent report by Binance Research shows that $6.4 billion worth of cryptocurrency is being staked. As staking systems have grown, more and more people have been drawn to them because of the potential rewards. However, it’s worth noting that staking has some hidden risks as well.The Proof of Stake SituationSome of the most notable cryptocurrencies are based on a Proof of Stake algorithm, and they have drawn a significant amount of cryptocurrency to be staked on their networks, according to a...
Read More »What Would It Take to Retire at 55 and Live on Investments?
The fact remains that you will still need a well-cushioned portfolio and follow some very basic rules about your earnings and spending to be comfortable. According to Stephen Fry, who is a certified financial planner and founder Safe Landing Financial, using a Monte-Carlo simulation, which is one of the most mathematically accurate ways of determination of financial outputs a tax-deductible account with inflows of a $100,000 a year or $65,000 per year in dividends, would do the trick quite...
Read More »China Not Facebook Is Likely to Be the First to Launch Digital Currency and Roll Out DCEP
While Facebook continues its arduous battle with U.S. authorities regarding the launch of its Libra digital currency, China seems to be making a lot more progress not just with the development of its own Central Bank Digital Currency (CBDC), but also with the acceptance of the technology in the country, especially after the President’s statement. Now, an ex-government official has said that China’s CBDC will definitely be the first in the world, to issue a properly applicable...
Read More »Richest Crypto Billionaire Gets Forced Out of His Own Company in China
Bitmain co-founder Micree Zhan was reportedly ousted from the company on Tuesday. Zhan is the wealthiest cryptocurrency billionaire according to the Hurun rich list. Traders are now worried Zhan could dump 1.6 million bitcoin cash in retaliation. Bitmain co-founder and executive director Micree Ketuan Zhan has reportedly been forced out of the company in a bitter clash with business partner Jihan Wu. In a statement issued to Chinese media, Bitmain confirmed that Wu would take...
Read More »Apple’s New AirPods Pro with Noise Cancellation Feature Go on Sale on October 30
Users of Apple‘s products have got used to the fact that the American tech giant surprises with new developments quite often. Today, the company has introduced its new device – AirPods Pro, wireless earbuds that feature active noise cancellation and promise perfect sounding.According to the data provided by the company’s press release, the upgraded AirPods Pro equipped with an outward-facing microphone that detects external sound and makes the earbuds extremely useful while...
Read More »Tron (TRX) Price Analysis: Uptrend Intact Above $0.0200
Tron price rallied recently and climbed above the key $0.0185 resistance area against the US Dollar.TRX price is currently correcting lower and it remains well bid above the $0.0190 and $0.0185 levels.There is a contracting triangle forming with resistance near $0.0220 on the 4-hours chart (data feed via Bitfinex).The price is likely to climb higher once again above the $0.0220 and $0.0240 resistance levels.TRON price is trading nicely in an uptrend against the US Dollar and bitcoin. TRX...
Read More »Starbucks Will Accept Bitcoin in 2020, Thanks to Wall Street’s Bakkt
Bakkt’s consumer app trials to commence by mid-2020. Starbucks is the largest coffee chain in the world by the number of outlets. Bakkt wants to move beyond futures trading. Months after Starbucks disappointed the crypto space by backpedaling on reports that it would be accepting direct Bitcoin payments, the coffee chain has been announced as the first launch partner of Bakkt’s upcoming crypto payments service. According to the Bitcoin futures exchange founded by the parent company...
Read More »Bitcoin Cash Spikes 10% as Jihan Wu Resumes Control of Bitmain
Bitcoin Cash saw a notable price increase of around 10% today, and it is trading at around $287 at the time of this writing. The increase coincides with the news that Jihan Wu sent out a staff email announcing that Micree Ketuan Zhan, the co-founder and executive director of Bitmain, had been ousted.Jihan Wu Makes a ComebackBack in March of this year, following Bitmain’s failed IPO, Jihan Wu stepped down as co-CEO of the company, and his partner, Micree Ketuan Zhan, assumed control.However,...
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