5 key issues facing the next Fed chief
Bernanke’s position ends 31th of January 2014, as Bernanke likes to call “head of the central bank” together with his Federal vice chairwoman Janet Yellen; Lawrence Summers, who served as U.S. Treasury Secretary under President Bill Clinton from 1999 to 2001; and his vice chairman Donald Kohn, from 2006 to 2010. Although, whoever takes over the position of Federal Reserve, will be facing huge issues, that will lead to the economical outcome and stability for future. Regulation and control of the financial system There are a lot of issues concerning the regulation of financial system. The....
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Potcoin community members still seem to be facing issues with their PotWallet accounts. PotWallet, a wallet service for Potcoin seems to be facing some issues. According to updates on social media, few users were unable to withdraw their crypto-tokens from PotWallet. The apparently unhappy Potcoin community has alleged that PotWallet doesn’t have enough funds to enable withdrawals. With the cryptocurrency exhibiting increased volatility in the recent days, those who have their Potcoin deposits in PotWallet seem to be unable to leverage the market opportunity. The issues affecting PotWallet....
An anonymous group has claimed that Blockfi, which has an estimated $1.8 billion in customer assets invested in Grayscale Investment’s GBTC, is facing potential insolvency issues associated with the negative premium on the GBTC shares. Using the negative premium of minus 7.89% on the GBTC shares to illustrate the extent of the problem, the anonymous group posits that Blockfi faces a loss of $232 million. Anonymous Group Alleges Blockfi Insolvency Threat According to a statement posted on the anonymous group’s website, Blockfi, which is promising its investors an annualized....
Ripple chief executive officer Brad Garlinghouse said Friday that the company’s business in the Asia-Pacific region has not suffered from the ongoing regulatory issues in the U.S. Ripple’s Business in Asia and Japan Sees Growth Ripple is facing a $1.3 billion lawsuit from the U.S. Securities and Exchange Commission (SEC). In December, the SEC charged Ripple, creators of the eponymous XRP cryptocurrency, and its top executives with selling unregistered securities since 2013. The blockchain payments firm denies the charges, but that has not stopped a number of U.S. crypto....
Blockchain.info wallet users seem to be facing issues with the platform. There are multiple posts on various social media platforms reporting issues with login and transaction problems. Blockchain.info, one of the leading Bitcoin wallet and blockchain explorer is said to be in the process of upgrading the platform for a while now. These issues seem to be related to Blockchain.info’s wallet and API requests. One user on Reddit reported an unusual issue after he encountered an error message saying “Unable to Acquire Transaction Lock”. However, the user later updated his complaint saying he....
In saying so, Faisal seems to indicate fake Bitcoin investing sites serve as a money collecting front for ISIS operations. For the umpteenth time, a government official claims there is a correlation between Bitcoin and terrorist group ISIS. Faisal Tayeb, Head of Investigation of Special Detachment 88, made that statement to the press last night. Officials are struggling to shut down funding options for terrorist activities, so they point the finger of blame at Bitcoin. So far, no credible evidence to back up these claims has been presented. The Indonesian government is facing a lot of....