TRUMP WARNS FACEBOOK OVER ITS PLAN TO CREATE A DIGITAL CURRENCY
President Donald Trump on Thursday night warned Facebook over its plan to create a digital currency, the Libra, a move that poses a new obstacle to the company’s cryptocurrency ambitions. “Facebook Libra’s ‘virtual currency’ will have little standing or dependability. If Facebook and other companies…
Russia Busts Crypto Miners at Secret Nuclear Weapons Lab
Russia’s still debating laws on cryptocurrencies, but engineers at a top-secret nuclear lab were already busy mining them, authorities said. The Scientific Research Institute for Experimental Physics, where the first Soviet nuclear weapon was produced in 1949, Friday reported “an attempt at unauthorized use of the…
Thank Kim Jong Un For Your Crypto Gains
Because of heavy sanctions placed on the country for its nuclear weapons testing, North Korea has long run a series of “side businesses” like drug trafficking, endangered species trading, money laundering and currency counterfeiting to provide hard cash to the Kim regime. Naturally, bitcoin trading came next….
