Image of S. Korea Readies Ban On Cryptocurrency Trading as Police & Tax Agency Raid Exchanges » Alex Jones' Infowars
S. Korea Readies Ban On Cryptocurrency Trading as Police & Tax Agency Raid Exchanges » Alex Jones' Infowars
South Korea’s justice minister has announced legislation is in the works to ban cryptocurrency trading after police and tax authorities reportedly raided the country’s biggest exchanges in a tax evasion probe.“There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,” Park Sang-ki told a press confe... [Read More]
Image of Showtime websites secretly mined user CPU for cryptocurrency - The Verge: Sep 2017
Showtime websites secretly mined user CPU for cryptocurrency - The Verge: Sep 2017
This past weekend, Showtime websites were found to be running a script that allows the sites to mine visitors’ extra CPU power for cryptocurrency, as pointed out by users on Twitter. The afflicted sites included showtime.com and showtimeanytime.com, but the script has since been removed following reports from Gizmodo and other sites.The crypto mining Javascript is called Coinhive, and according to... [Read More]
Image of Whistleblower: Fed “Highly Alarmed” About Bitcoin Conquering Dollar System Alex Jones
Whistleblower: Fed “Highly Alarmed” About Bitcoin Conquering Dollar System Alex Jones
A whistleblower who was employed as a briefing researcher at the Federal Reserve has revealed that Fed governors were “highly alarmed” by a major internal report which revealed that Bitcoin would likely supercede the dollar system within the next 12 years. [Read More]
Image of Biggest Credit Bubble in History Runs Out Of Time
Biggest Credit Bubble in History Runs Out Of Time
“On the way in, there’s insatiable demand.” Alas, “it’s going to be a disaster on the way out.” It has been a feeding frenzy for junk debt. Yield-desperate investors, driven to near insanity by the Fed’s strenuous interest-rate repression, are holding their noses and closing their eyes, and they’re bending down deep into the barrel and scrape up even the crappiest and riskiest paper just to get... [Read More]
Image of $380 Million Virtual Currency Theft from MtGox Sparks Debate: Bitcoin or ‘Sh*tcoin’?
$380 Million Virtual Currency Theft from MtGox Sparks Debate: Bitcoin or ‘Sh*tcoin’?
The world’s largest bitcoin trading exchange shut down on Tuesday, sparking a massive sell-off that calls into question the long-term viability of the nascent virtual currency trade. [Read More]
Image of Aging America heading for disaster
Aging America heading for disaster
To really understand what’s going on with the American economy, don’t look at the headlines. Don’t look at the unemployment rate or the trade balance or the deficit. Don’t even look at what’s happening today at all: Look at what happened 46 years ago. [Read More]
Who Owns the World's Biggest Bitcoin Wallet? The FBI - Dec 2013
In September, the FBI shut down the Silk Road online drug marketplace, and it started seizing bitcoins belonging to the Dread Pirate Roberts — the operator of the illicit online marketplace, who they say is American man named Ross Ulbricht. The seizure had an unforeseen side-effect: It made the FBI the holder of the world’s biggest Bitcoin wallet. [Read More]
The Taper Is On – 8 Ways That This Is Going To Affect You And Your Family
Janet Yellen Ben Bernanke Swearing InThe unelected central planners at the Federal Reserve have decided that the time has come to slightly taper the amount of quantitative easing that it has been doing. On Wednesday, the Fed announced that monthly purchases of U.S. Treasury bonds will be reduced from $45 billion to $40 billion, and monthly purchases of mortgage-backed securities will be reduced f... [Read More]
Kiss your IRA good-bye
NEW YORK – The recent volatility of the Dow Jones Industrial Average indicates savvy investors on Wall Street are worried. Should the Federal Reserve, under Chairman Ben Bernanke’s replacement, “taper” the current Fed policy of buying U.S. Treasury debt, investors anticipate a sharp downward market correction, possibly even a market crash. [Read More]
First Bitcoin ATM gets 348 transactions in first 8 days
North America's first Bitcoin ATM made a splashy when it went live in Vancouver last week. Here's some numbers about how it did, and some thoughts about whether the machines have a future. [Read More]
Horrific Consequences: "People Don't Understand the Scale of the Emergency That's Going On Right Now"
The rest of this decade will bring us the greatest financial calamity in history. If his forecast is correct – and it sure seems like it – then we will soon enter the next stage of this crisis and it will involve yet another deflationary hit to global asset prices. We know how destabilizing such an event can be from our country’s experience during the Great Depression. But as Mike notes in a... [Read More]
BBC News - Quest for lost hard drive with £4m stored bitcoins
A Newport man has visited a landfill site in south Wales hoping to find a computer hard drive he threw away which is now worth over £4m. [Read More]