Cryptocurrency Used to Fund North Korean Weapons Program, Says US Treasury

The US Treasury Department has just announced new sanctions against online criminal groups based in North Korea. The groups have reportedly conducted cryptocurrency ransomware attacks and other cyber crimes aimed at subverting international sanctions against the state. The US Treasury believes these attacks are directly funding the North Korean missile programme. This presents those companies…

Sorry Ripple, XRP is NOT being used by the banks! : CryptoCurrency

Sorry James, hate to break it to you 🙁 So right out the gate, you’re flat out wrong… https://www.stedas.hr/infographic-companies-using-ripple-xrp.html https://thexrpdaily.com/2019/09/05/sbi-ceo-we-will-use-the-virtual-currency-xrp-for-remittance/ 2) This is some random guy posting on a blog rather than a reputable news source. He offers no proof of his claims whatsoever. 3) 1 bank doesn’t speak for the other 11,000+ lol. 4)…

ECB: Cryptocurrency Cannot Be Created By Member States, What This Means For Crypto

The European Central Bank (ECB) has attacked plans for an Estonian state-operated cryptocurrency.  ECB President, Mario Draghi shut down any talk of the proposal by saying about crypto assets: “No member state can introduce its own currency…The currency of the euro zone is the euro.” Many observers theorize that Draghi’s response is led by a…

iExec & IOTA are invited to Europe Space Agency ESA, to talk about how they can improve Earth Observation : CryptoCurrency

https://eo4society.esa.int/2019/09/06/second-blockchain-workshop-at-the-2019-esa-%D1%84-week/ Looking forward to see what can come out of these discussions in the future. Use cases could be that weather stations are polled every x seconds and that a advanced script then processes that data on the iExec network for accurate predictions etc. Don’t know why more people scoop up some rlc.. It already…

Looking for testers for sentiment signal : CryptoCurrency

Hi all, We just launched a dashboard with a Bull & Bear trading signal. Based on historical data our model was tuned for going long or short from a sentiment perspective. In backtests, this yielded good results and now we want to test it live. So far only quants could use our data. With the…

Almost 80% of all money in economy, is new money created out of thin air by commercial banks… WTF! Didn’t just how true this was until reading it direct on the BOE website. Fiat is a total shitshow. : CryptoCurrency

Guessed I’d need to post a follow up post for all the “what? you never knew that, well I did blah blah…” commentators. So I admit, I knew governments print money out of thin air and thought it was mainly through the creation of bonds and loans by the central banks, to the banks. Was…