‘Wild West’ world of cryptocurrencies needs to be regulated, MPs warn Philip Hammond September 19, 2018 The "Wild West" world of cryptocurrencies needs to be independently regulated to protect customers and prevent money-laundering, a powerful group of MPs today demanded. A report from the Treasury Select Committee warns the current system of self-regulation is not fit for purpose, and adverts promoting digital currencies are often misleading. Among the problems facing cryptocurrency [...]
The best of both worlds: Gold and crypto September 18, 2018 Cryptocurrency and blockchain technology have presented a unique opportunity to change the manner in which the world transacts. What makes money successful and sustainable is the degree to which it is an efficient medium of exchange between two parties as well as a stable store of value. This definition is supported through the economic principal [...]
The best of both worlds: Gold and crypto September 18, 2018 Cryptocurrency and blockchain technology have presented a unique opportunity to change the manner in which the world transacts. What makes money successful and sustainable is the degree to which it is an efficient medium of exchange between two parties as well as a stable store of value. This definition is supported through the economic principal [...]
Crypto A.M. Shines its Spotlight on SatoshiPay September 18, 2018 The adoption of crypto blockchain payment solutions is occurring across multiple sectors. However, to date there has been no accessible and cost-effective way to transact in micro amounts, something that is particularly important in high volume low margin transactions. This has now changed. SatoshiPay, a UK registered company run by a team of international technology [...]
Crypto A.M. Shines its Spotlight on SatoshiPay September 18, 2018 The adoption of crypto blockchain payment solutions is occurring across multiple sectors. However, to date there has been no accessible and cost-effective way to transact in micro amounts, something that is particularly important in high volume low margin transactions. This has now changed. SatoshiPay, a UK registered company run by a team of international technology [...]
Crypto and cybercrime – a marriage made in heaven? September 18, 2018 For years, cybercriminals have been experimenting with new ways to steal and extort money from victims. More recent trends involve the boom in cryptocurrency. Here, Tyler Moffitt, Senior Threat Research Analyst at Webroot, explores the relationship between cybercrime and cryptocurrency. Basic ransomware attacks, where a cybercriminal demands payment in exchange for something they’ve taken from [...]
Crypto and cybercrime – a marriage made in heaven? September 18, 2018 For years, cybercriminals have been experimenting with new ways to steal and extort money from victims. More recent trends involve the boom in cryptocurrency. Here, Tyler Moffitt, Senior Threat Research Analyst at Webroot, explores the relationship between cybercrime and cryptocurrency. Basic ransomware attacks, where a cybercriminal demands payment in exchange for something they’ve taken from [...]
Goldman Sachs shakes up top team as Solomon prepares to take the helm September 13, 2018 US bank Goldman Sachs has installed a new chief finance officer and new chief operating officer as incoming chief executive David Solomon prepares to take control. The bank named Stephen Scherr as its new finance boss, replacing Martin Chavez. Chavez, who has served as finance chief since May 2017, will return to the bank’s trading [...]
Goldman Sachs shakes up top team as Solomon prepares to take the helm September 13, 2018 US bank Goldman Sachs has installed a new chief finance officer and new chief operating officer as incoming chief executive David Solomon prepares to take control. The bank named Stephen Scherr as its new finance boss, replacing Martin Chavez. Chavez, who has served as finance chief since May 2017, will return to the bank’s trading [...]
Crypto A.M. Shines its Spotlight on FreeMark: Inventing Better Money September 11, 2018 Plunging exchange rates can cost exporters their shirts. Sterling versus the US dollar can vary sometimes 7% in a month, or 2% in a day. Businesses and individuals can lose big chunks of their profits—even make a loss. Exporters must therefore hedge transactions in order to survive in the global economy. With more and more [...]