UK Survey Says 31% Of Britons Are Interested In Cryptocurrencies And Bitcoin
A recent UK-wide survey report shows that 31% of Britons are interested in cryptocurrencies and Bitcoin, according to Finextra.Meanwhile, 62% of respondents refused to buy any cryptocurrency because of the lack of market awareness, and 43% of people said they have no knowledge of a safe enough investment method.In addition, nearly 64% of people stated that if they can learn more information, they will choose to invest in cryptocurrencies. 36% of respondents confirmed to invest if mainstream financial entities begin to provide cryptocurrencies to retail customers.By Mary Liu
A recent UK-wide survey report shows that 31% of Britons are interested in cryptocurrencies and Bitcoin, according to Finextra.Meanwhile, 62% of respondents refused to buy any cryptocurrency because of the lack of market awareness, and 43% of people said they have no knowledge of a safe enough investment method.In addition, nearly 64% of people stated that if they can learn more information, they will choose to invest in cryptocurrencies. 36% of respondents confirmed to invest if mainstream financial entities begin to provide cryptocurrencies to retail customers.By Mary Liu
BIS' General Manager Criticized Bitcoin May Break Down Completely
Agustín Carstens, general manager of the Bank for International Settlements (BIS), told Hoover Institute that the destruction of cryptocurrencies is only a matter of time.He said: "Above all, investors must be cognizant that Bitcoin may well break down altogether. Scarcity and cryptography alone do not suffice to guarantee an exchange."Carstens also mentioned that Bitcoin's heavy reliance on electricity has great side effects. If digital currencies have to exist, the central bank must play a key role to ensure the stability of value, the flexibility of the money supply, and the overall security of the system.By Mary Liu
Agustín Carstens, general manager of the Bank for International Settlements (BIS), told Hoover Institute that the destruction of cryptocurrencies is only a matter of time.He said: "Above all, investors must be cognizant that Bitcoin may well break down altogether. Scarcity and cryptography alone do not suffice to guarantee an exchange."Carstens also mentioned that Bitcoin's heavy reliance on electricity has great side effects. If digital currencies have to exist, the central bank must play a key role to ensure the stability of value, the flexibility of the money supply, and the overall security of the system.By Mary Liu
According to Bitpush Market Data, BTC is now $31040.48, up 0.14% in 10 minutes, breaks above $31000 mark.
According to BitMEX market data, BTC futures is now $31008.75,down 11.13% within a week.
According to Bitpush Market Data, BTC is now $30999.41, down 0.41% in 10 minutes, falls below $31000 mark.
Mayor Suarez And Schieve Of Miami And Reno Voice Support For Crypto Assets Over Twitter
Miami Mayor Francis Suarez announced that the city’s website will host Satoshi Nakamoto’s Bitcoin white paper in a recent tweet weeks after suggesting the city may add Bitcoin to its reserve treasury.Miami is the first municipal government to host the white paper, Suarez said. He added that the city of Miami believes in Bitcoin and that he is working hard to turn Miami into a hub for crypto innovation.Mayor Hillary Schieve of Reno, Nevada responded to the tweet asking Suarez when he would become a LINK Marine, a popular term to describe supporters of Chainlink's oracle network. She added that the two mayors should explore a city coin with other US mayors.By Emily Mason
Miami Mayor Francis Suarez announced that the city’s website will host Satoshi Nakamoto’s Bitcoin white paper in a recent tweet weeks after suggesting the city may add Bitcoin to its reserve treasury.Miami is the first municipal government to host the white paper, Suarez said. He added that the city of Miami believes in Bitcoin and that he is working hard to turn Miami into a hub for crypto innovation.Mayor Hillary Schieve of Reno, Nevada responded to the tweet asking Suarez when he would become a LINK Marine, a popular term to describe supporters of Chainlink's oracle network. She added that the two mayors should explore a city coin with other US mayors.By Emily Mason
US Department of Justice, Bulgarian National Investigation Service Team Up To Disrupt Ransomware NetWalker
The U.S. Department of Justice, the Bulgarian National Investigation Service and the Bulgarian General Directorate Combating Organized Crime have worked together to disrupt a ransomware called NetWalker, according to a recent DOJ statement.NetWalker uses a ransomware-as-service model that utilizes developers and "affiliates." NetWalker ransomware attacks have targeted universities, companies, municipalities, hospitals, and even healthcare sectors operating during the COVID-19 pandemic, the DOJ report read. The team of agencies have recently charged Canadian citizen Sebastien Vachon-Desjardins, who is alleged to have obtained $27.6 million via ransomware attacks using NetWalker. Officials also seized more than $450,000 in cryptocurrency that had been paid by victims of three separate attacks. Additonally, authorities in Bulgaria seized a dark web hidden resource used by NetWalker ransomware affiliates.By Emily Mason
The U.S. Department of Justice, the Bulgarian National Investigation Service and the Bulgarian General Directorate Combating Organized Crime have worked together to disrupt a ransomware called NetWalker, according to a recent DOJ statement.NetWalker uses a ransomware-as-service model that utilizes developers and "affiliates." NetWalker ransomware attacks have targeted universities, companies, municipalities, hospitals, and even healthcare sectors operating during the COVID-19 pandemic, the DOJ report read. The team of agencies have recently charged Canadian citizen Sebastien Vachon-Desjardins, who is alleged to have obtained $27.6 million via ransomware attacks using NetWalker. Officials also seized more than $450,000 in cryptocurrency that had been paid by victims of three separate attacks. Additonally, authorities in Bulgaria seized a dark web hidden resource used by NetWalker ransomware affiliates.By Emily Mason
American Billionaire Mark Cuban Has Launched An NFT Collectable
American billionaire, entrepreneur and star of hit TV show Shark Tank, Mark Cuban, has launched a collectable NFT on leading marketplace Rarible, he announced in a recent tweet.The NFT features Mark Cuban in a Dallas Basketball shirt dancing and has been dubbed part of the RollUp 2021 collection. Ten of these tokens were minted at 2PM EST and the highest bid is currently 11 WETH or $14,166.The tweet was met with much enthusaism from the crypto community with many Twitter users welcoming Cuban into the NFT space.By Emily Mason
American billionaire, entrepreneur and star of hit TV show Shark Tank, Mark Cuban, has launched a collectable NFT on leading marketplace Rarible, he announced in a recent tweet.The NFT features Mark Cuban in a Dallas Basketball shirt dancing and has been dubbed part of the RollUp 2021 collection. Ten of these tokens were minted at 2PM EST and the highest bid is currently 11 WETH or $14,166.The tweet was met with much enthusaism from the crypto community with many Twitter users welcoming Cuban into the NFT space.By Emily Mason
ParaState, The Ethereum-Polkadot Bridge Project, Closed $1.3 Million In Seed Round Funding
ParaState, a blockchain project that aims to bridge Ethereum and Polkadot, announced that it has raised $1.3 million in seed round funding.It is reported that the company is valued at $12 million. The seed round was led by CMS Trading, with participation from Kenetic Capital, FBG Capital, and JRR Capital.Co-founder Marco Chen said: "We aim to bridge the application and developer ecosystem between Ethereum and Polkadot."By Mary Liu
ParaState, a blockchain project that aims to bridge Ethereum and Polkadot, announced that it has raised $1.3 million in seed round funding.It is reported that the company is valued at $12 million. The seed round was led by CMS Trading, with participation from Kenetic Capital, FBG Capital, and JRR Capital.Co-founder Marco Chen said: "We aim to bridge the application and developer ecosystem between Ethereum and Polkadot."By Mary Liu
According to Bitpush Market Data, BTC is now $31494.77, down 0.26% in 10 minutes, falls below $31500 mark.
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