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NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court
United States

NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court

The NSA’s controversial phone data collection program first brought to light by former NSA agent Edward Snowden has been called illegal by a US Federal Court.

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules
United States

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

The US Senate Banking Committee Chair Mike Crapo sent a letter to the OCC to develop guidelines on digital payments.

Tezos Settles Class-Action Lawsuit Over 2017 $232 Million ICO to the Tune of $25 Million
United States

Tezos Settles Class-Action Lawsuit Over 2017 $232 Million ICO to the Tune of $25 Million

Tezos Foundation has settled for $25 million in a class-action lawsuit over its 2017 Initial Coin Offering (ICO) which raised $232 million.

Goldman Sachs Pushes Bullish Stock Market Investment, Warren Buffet Indicator Disagrees—What about the Bitcoin Price?
United States

Goldman Sachs Pushes Bullish Stock Market Investment, Warren Buffet Indicator Disagrees—What about the Bitcoin Price?

Goldman Sachs believes that stocks will boom over the next 12 months which is not sitting well with Warren Buffett warns the market is an overvalued bubble.

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network
United States

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian citizen arrested and charged for trying to recruit an employee to plant malware on a company’s computer network in Nevada, US.

Binance.US Opens Crypto Assets Marketplace to Millions of Florida Cryptocurrency Traders
United States

Binance.US Opens Crypto Assets Marketplace to Millions of Florida Cryptocurrency Traders

Binance.US will now open its digital assets marketplace to Florida citizens and cryptocurrency traders.

Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield
United States

Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield

Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.

Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates
United States

Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates

Grayscale believes that the US floating the economy with aggressive quantitative easing has seen Bitcoin investors convert to long-term holders

US Government Seize Bitcoin Terrorism Funding for Islamic State and Al-Qaeda
United States

US Government Seize Bitcoin Terrorism Funding for Islamic State and Al-Qaeda

The US Justice Department has revealed that it has seized cryptocurrency worth millions of dollars intended to fund the activities of terror groups like the military arm of Hamas, the Islamic State, and Al-Qaeda. This breakthrough is the largest clampdown on online terrorist fundraising,

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data
United States

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data

Following President Trump’s executive order against TikTok, new evidence has revealed that the social media app had been collecting unique identifiers from millions of mobile devices, allowing the China-based app to track user’s online without permission.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020
United States

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

Bill Gates Confused by Trump’s Terms for Microsoft TikTok Deal, Twitter Reportedly Joins Race
United States

Bill Gates Confused by Trump’s Terms for Microsoft TikTok Deal, Twitter Reportedly Joins Race

Microsoft may be entering the social media ecosystem should they acquire TikTok, in a deal that Bill Gates is calling a poisoned chalice. Meanwhile, Twitter is now rumored to be in talks with ByteDance—TikTok’s parent company—to potentially reclaim their old video Vines territory.

SEC Commissioner Hester Peirce Confirmed for Second Term By US Senate, Crypto Mom Will Remain Until 2025
United States

SEC Commissioner Hester Peirce Confirmed for Second Term By US Senate, Crypto Mom Will Remain Until 2025

The United States Senate has voted in Commissioner Hester Peirce of the Securities and Exchange Commission for a second term that will see her remain with the regulator until 2025.

Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage
United States

Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage

United States President Trump has issued two executive orders against Chinese social media apps TikTok and WeChat, which are suspected of sharing US citizens’ data with the Chinese Communist Party.

Trump Administration Wants Clean 5G Networks Free of China State Actors
United States

Trump Administration Wants Clean 5G Networks Free of China State Actors

Mike Pompeo, Secretary of State for the Trump administration has announced the expansion of the Clean Network program, outlining five new lines of defense to protect America’s critical telecommunications and technology infrastructure from untrusted Chinese state-owned enterprises like Huawei and ZTE.