Why the United States Has the Largest Incentive to Stop Bitcoin
Bitcoin is a new entrant into the currency wars. Picture via epSos.de. Many people are looking at countries such as China or Russia when it comes to banning a revolutionary, freedom-enhancing currency such as Bitcoin, but the fact of the matter is the United States has more to lose from Bitcoin than anyone else. One of the main things propping up the American way of life right now is the fact that a large percentage of the world needs to hold US dollars in reserve for use in international trade. Although there are many flaws with the US dollar, the reality is that it's a much better option....
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Coinbase was recently in news for introducing Stop Loss feature on its exchange platform. Read further to know more about Stop Loss. Coinbase recently announced the integration of ‘Stop Order’ function which allows its users to trade bitcoin in a convenient fashion without having to deal with drastic price fluctuations. What Is a Stop Order and Why Is It Important? To begin with, a stop order is a feature that allows users to buy or sell any asset on a trading platform when the target asset’s value reaches a particular price point of choice. Stop orders are also known as stop-loss orders.....
On April 8th, 2014, Microsoft will stop providing security updates and support for windows XP. It is estimated that 95% of the ATMs in the United States currently run on Windows XP. With the lack of security updates, the operating system will become very susceptible to attacks. After support and security updates are stopped, the system and most of the current ATMs will be considered unfit for use by consumers; however, this event closely mimics the Y2K scare that came before 2000 with all computers overloading. It is likely that most operators of these ATMs will not do anything about the....
Bitcoin is not going away, and if anything it is growing into the mainstream at a consistent pace. Many American corporations, some of the largest corporations in the world, have spent 2014 endorsing Bitcoin, in spite of the drop in value. 2014 has seen nothing but price declines, but greater market acceptance in exchange. And it has even gotten the attention of the world's largest and most influential government, the United States, to respond to it in earnest. Taxation, regulation, and condemnation have all had their moment in the sun from America's governance. The U. S. seems both....
On Monday it was reported that BitInstant CEO Charlie Shrem was arrested at John F. Kennedy International Airport in New York City on suspicion of involvement with Silk Road - the now infamous online 'underground' drug marketplace. Shrem is suspected to have been money laundering, with ties to Silk Road by selling over $1 million in the digital currency to users of the marketplace. In addition, charges on Shrem include operating a money-transmitted business without registering with FinCEN - the United States Treasury's Financial Crimes Enforcement Network. "At this point the allegations in....
President Joe Biden says that the U.S. will bring together 30 countries to stop “the illicit use of cryptocurrency.” The United States is “partnering closely with nations around the world” to respond to the cybersecurity threats, Biden further said.
US Will Bring 30 Countries Together to Combat Illicit Use of Crypto, Says Biden
The White House released a statement by President Joe Biden Friday on the government’s cybersecurity efforts as October is Cybersecurity Awareness Month.
President Biden explained that the U.S. is....