Tag Archives: Threat

Fake CIA Sextortionists Demand Bitcoin Under Threat Of Prosecution

What better way to wake up than reading an email saying your credit card has been stolen? How about an email asking for bitcoin to keep you out of jail? Don’t you love phishing scams? There’s a new, particularly nasty crypto-related scam floating around, and it very well may ruin your life, quite literally, if you don’t pay attention. Continue reading Fake CIA Sextortionists Demand Bitcoin Under Threat Of Prosecution

Litecoin bullish trend under threat: Reaction to double-top pattern imminent

Litecoin joined the rest of the market yesterday to record slight gains above the short-term support at $31.50. The entire market correction to the upside, however, most assets are still trading closer to their key support levels. Litecoin, for instance, brushed shoulders with $32.50 but reversed the trend towards the above-mentioned support. Continue reading Litecoin bullish trend under threat: Reaction to double-top pattern imminent

PMorgan: Bitcoin Must Evolve, Blockchain’s Not a Threat

It may surprise some people to learn that JPMorgan Chase is invested in the blockchain. Umar Farooq, a banker turned blockchain leader at JPMorgan, discussed how the bank is using the blockchain and didn’t shy away from bitcoin. He was speaking at the Yahoo Finance All Markets Summit for Crypto in New York earlier this week. He spoke of “active engagement” with blockchain internally, as teams from across the bank’s operations are increasingly looking to distributed ledger technology as a possible solution to problems. Farooq’s at the head of that business, and he’s more open-minded about bitcoin than you might think. He said that while the industry may say blockchain’s good and bitcoin’s bad, that’s now how JPMorgan, the top US bank based on assets, sees the world. “We all believe in blockchain good. I wouldn’t go as far to say cryptocurrencies bad. I would say and cryptocurrencies have issues.”

Reference: https://www.ccn.com/jpmorgans-farooq-bitcoin-must-evolve-blockchains-not-a-threat/