giftedviz.com
giftedviz.com December 19, 2017


China orders all Bitcoin exchanges to close, report says

16 September 2017, 12:54 | Austin Hogan

Bitcoin a 'fraud' that will 'blow up' according to JPMorgan Chase boss

Bitcoin Dives on Dimon’s Fraud Warning

Speaking to CNBC, the executive said there is value in creating and trading Bitcoin, as its current popularity and usage shows.

On Thursday, Bitcoin saw its shares tumble by 13.6%, according to Business Insider.

Li Lihui, a senior official at the National Internet Finance Association of China and a former president of the Bank of China, said on Friday at a conference in Shanghai that global regulators should work together on digital currencies.

When it comes to dabbling in cryptocurrency, there seems to be a lot of emotion and speculation involved especially concerning its long-term future and on the regulatory front.

"Currencies have legal support".

Google facing potential class action over gender-based pay discrimination
According to the complaint, Pease was kept on "non-technical" ladders, and denied moves to better-paying "technical" ladders. She left the company in 2015 due to the lack of advancement opportunities for women, the complaint says.


Perera powers World XI to victory in Lahore
World XI beat Pakistan by seven wickets in the second Twenty20 global to level the match series 1-1. But Imad Wasim and Sohail Khan applied breaks on World XI score for being the most economical.


Toshiba memory business sale points to Bain-led consortium
The Japanese company disputes that and sued Western Digital for more than $1 billion for interfering in the auction. The firm needs to raise the money by March to avoid seeing its shares delisted from the Tokyo Stock Exchange.


Because of cryptocurrencies' popularity in China, regulators were prompted to crack down on them.

Following China's ban on initial coin offerings of cryptocurrencies, the Asian country looks set to ban all digital currencies by the end of September. People may be selling their cryptocurrencies such as Bitcoin while potential users of this coins from other countries are waiting to see whether their governments will impose measures similar to those of China. Another cryptocurrency that has suffered significant losses is Litecoin whose price is $43. Litecoin's price two weeks ago before the Chinese government's measures was $89.

"If you were in Venezuela or Ecuador or North Korea or a bunch of parts like that, or if you were a drug dealer, a murderer, stuff like that, you are better off doing it in Bitcoin than United States dollars", he said, according to The Guardian.

The head of America's largest bank threatened to dismiss traders if they trade the cryptocurrency. And with Bitcoin plummeting to a 40-day low of $3,023 amid worries about China policy, the volatility is particularly unsettling. On Tuesday, a United Kingdom watchdog group, Financial Conduct Authority (FCA), also issued a warning about initial coin offerings.

The FCA on Tuesday warned customers about ICOs, saying they were "very high-risk, speculative investmentsts" and only for experienced investors who are prepared to lose their entire stake. So if you were a dollar millionaire but put it all into bitcoins, you lost over $363,000 (£272,000) overnight.



Other News

Trending Now

Trump won't stop lying about Susan Rice
Now that Rice has delivered an explanation to Congress, members of the president's party have been walking their criticism back. Rice initially told PBS' Judy Woodruff in March that she "knew nothing" about the unmasking of Trump associates.

Death of LSU student after leaving fraternity house probed as hazing incident
King Alexander said all Greek activities at the university have been suspended indefinitely. LSU identified the student as 18-year-old Max Gruver during an afternoon press conference.

Prince William Is Low-Key About Security Breach at George's School
His cousin Maud Windsor , the daughter of Lord and Lady Frederick Windsor, has also been enrolled at the same school. The royal and his wife the Duchess of Cambridge are now expecting their third child together .

Celebrating Hindi Diwas 2017: How it all began!
The Constituent Assembly had accepted Hindi written Devanagari script as the official language of India along with British.

Jamie Lee Curtis Will Return to the Halloween Franchise in 2018
Now the newest installment into the " Halloween " franchise is not only expected to be a sequel but also a reboot of sorts. The new Halloween seems to be shaping up nicely, with filming set to begin this fall from director David Gordon Green .

Facebook 'sold adverts targeted at users interested in "how to burn Jews"'
Both times, Facebook changed the ad targeting category "Jew hater" to "Antisemityzm" in its approval. We looked for analogous advertising categories for other religions, such as "Muslim haters".

Apple reveals why Face ID failed during iPhone X demo
"The news will reassure those concerned that Face ID may not recognise their unique visage", says The Guardian . The phone scans your face and uses it as a password, relying on 30,000 unique dots it recognizes.

Canada could be getting a Toronto-Montreal Hyperloop route
In 2015, another company, Hyperloop Transportation Technology, announced a plan to build a track in Quay Valley, Calif. The 10 routes are in the U.S., Canada, India, Mexico and the United Kingdom.

Oracle Corporation (ORCL) Position Boosted by LGT Capital Partners LTD.
Fortress Investment Group LLC (NYSE:FIG) shares were trading higher by 0.38 percent ($0.03) at $8 a piece in Wednesday's session. Also, Director Hector Garcia-Molina sold 3,750 shares of the firm's stock in a transaction dated Thursday, December 15th.

Alphabet is reportedly considering investing $1 billion in Lyft
The funding could come from either Google itself or CapitalG, Alphabet's private equity arm, according to Bloomberg . The word is that the investment in Lyft is being driven by top-level executives, including Alphabet's Larry Page.