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AI can leverage big banks' data in the fight against fintech offshore-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-technology.com Daily Mail and Mail on Sunday newspapers.
Colonial Pipeline Ransom Recovery Raises Crypto Questions June 9, 2021 @ 3:35 pm By Tony Zerucha No one should be shocked Bitcoin’s price fell after the United States recovered most of the cryptocurrency used to pay the Colonial Pipeline hackers, an analyst with GlobalData said this week. Given cryptocurrency’s libertarian roots, the fact a government could track and seize money designed to be free of centralized control has upset some and contributed to the price decline, thematic analyst Danyaal Rashid said. “It is no surprise the price of Bitcoin fell by around 10 percent after the news of this ransom recovery,” Rashid said. “Slowly we are beginning to see disruption of the key selling points of cryptocurrencies as a sort of reality check, as their security is compromised. Bitcoin was supposed to liberate us from government control: decentralized and out of the government’s hands. The fact that the US Government has managed to recover most of th ....
iTWire Monday, 17 May 2021 22:53 GlobalData slams Elon Musk’s crypto pricing influence, says he has ‘too much power’ Shares With Elon Musk able to influence the price of various cryptocurrencies up or down based on what he tweets, concern is growing, for with great power comes great responsibility, and no-one really knows how responsible Musk is, or isn’t. Following last week’s news that Tesla will stop accepting Bitcoin payments, and with rumours that Elon Musk plans to sell Tesla’s Bitcoin; Danyaal Rashid, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “Musk’s flip-flopping makes for good entertainment and a great bit of news, but its consequences are much more real. For a man who truly believes in the future of currencies being digital and decentralised, he is doing a poor job of selling it. The fact that he can drive such price volatility just though his words should have people w ....
Musk's mixed messages on bitcoin stoke anxieties about cryptos in Corporate America kitv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitv.com Daily Mail and Mail on Sunday newspapers.