Lawmakers Want Apple And Google Investigated Over Mobile Device Trackings

The allegations fronted by four democratic lawmakers claim that the two companies designed advertising-specific tracking IDs that were integrating into their respective mobile operating systems, the Wall Street Journal reported on June 24. Now, the lawmakers have written to the Federal Trade Commission (FTC) to investigate the issue. According to the letter, the four lawmakers, including Sen. Ron Wyden, Sen. Elizabeth Warren, Sen. Cory Booker, and Rep. Sara Jacobs, noted that the companies should be investigated for what they termed “transforming online advertising into an intense system of surveillance”....

December 13, 2022 · 2 min · 243 words · John Cordell

Lawsuit Filed Against One Of The Largest Bitcoin Mining Facilities In The Us

Greenidge Generation is one of the largest mining facilities in the United States, with 7,000 cryptocurrency mining machines. It is currently operating at 20 MW of power. Still, the site expansion project green-lighted by the town’s planning board can increase the capacity to its maximum of 106 MW, giving it the ability to mine $50,000 worth of Bitcoin every day. The facility is set to be operational every day of the year, which means that it could bring around $18 million per year or more as Bitcoin continues its bullish streak....

December 13, 2022 · 2 min · 242 words · Cornell Cleary

Leaked Document Details How Binance Planned To Evade Us Regulators For Profits

The document was drafted in 2018 ahead of Binance US launch shows the exchange planned to establish a “Tai Chi entity”. The unnamed US entity was to act as a regulatory cushion protecting its primary operations from enforcement. The document allegedly suggested that the entity take part in the US Department of Homeland Security Cornerstone Program to detect weaknesses in the financial systems. The participation would distract agencies, including the US Treasury Department’s Financial Crime Enforcement Network, SEC, and the New York Department of Financial Services....

December 13, 2022 · 2 min · 266 words · James Cobb

Litecoin Plummets 20 After Walmart Says Crypto Announcement Is Fake Finbold

No such press release exists, according to a Walmart representative who verified the information is false. Litecoin had spiked up to $231 from $175 before falling 20% on the fake news release, according to CoinMarketCap.com. Many reputable media outlets, including CNBC and Reuters, published headlines on the announcement. What raised suspicions was that the announcement included a non-functioning website in the email of one of the named contacts listed. According to the fake press release, Walmart, the largest retailer in the United States, would accept cryptocurrency payments from customers using Litecoin....

December 13, 2022 · 1 min · 106 words · Milton Spears

Lucid Stock Continues To Climb Despite Meager Q3 Earnings Finbold

Premarket trading on Tuesday, November 16, saw Lucid stock surge 6% although investors may have anticipated a decline in the stock’s price after the results report. However, despite the company reporting a low number of sales and a loss, the figures don’t necessarily mean much at this point, as LCID is on the verge of delivering a large number of vehicles. LCID stock’s long- and short-term trends are positive, which is looking good for the electric vehicle (EV) firm currently trading above its 20-day and 50-day simple moving averages (SMA) typically utilized by stock trading investors as uptrend indications....

December 13, 2022 · 4 min · 651 words · Anthony Murray

Luna Founder Do Kwon Faces Accusations Of Fraud Over Mirror Protocol

This time, it is because accusations of fraud have surfaced from a person only known by their Twitter handle FatManTerra and dubbed “FatMan from Terra Research Forum”, a familiar source of leaks in the crypto industry – in a series of tweets published on May 25. What are the exact accusations? Specifically, the tweets allege that someone with access to a lot of money and liquidity provider (LP) contracts had scattered Mirror Protocol (MIR) tokens over a large number of wallets so that it would appear that the protocol was more decentralized....

December 13, 2022 · 3 min · 446 words · William Druetta

Markets Dump 15 Billion As Cryptocurrency Correction Deepens

Total market capitalization has shrunk by almost 6%, or $15 billion, over the past day or so as cryptocurrencies start to pull back. The move has dumped digital asset market cap back to just over $240 billion and crucial support areas. Further losses could result in all recent gains being wiped out. Bitcoin prints seven green candles From a weekend high of $9,200, Bitcoin has retreated back to the $8,600 area with a 5% slide at the time of writing....

December 13, 2022 · 2 min · 336 words · Donna Miller

Meme Coin Floki Ad Campaign Under Investigation By Uk Advertisements Watchdog Finbold

Indeed, the ASA is scrutinizing “a broad body of advertisements in this sector” to determine whether or not they violate advertising regulations. Although the team behind the Floki Inu cryptocurrency advertisement campaign claimed that they had been “legally cleared.” The developers stated: Worries over the legitimacy of the token Doubts over the legitimacy of the crypto token had surfaced after no information about its developers could be found online; however, on this note, Floki Inu informed the BBC in an email: It claimed that its “legal entity” was based in Georgia and that it had shared this information with “strategic partners” during know-your-customer checks....

December 13, 2022 · 3 min · 449 words · William Cassidy

Message On Facebook Without Being Creepy

After all, first impressions are indeed the last impressions, and if you mess them up, then you can come off as a creep very easily. So if you want to learn how to message someone on Facebook without being creepy, you are in luck because that is precisely what we are addressing in this article. Ways To Message Someone on Facebook Without Being Creepy We believe there are multiple ways to message someone on Facebook without being a creep....

December 13, 2022 · 5 min · 996 words · Paula Hall

Metaverse Land Flipping Profitability Diminishes As Profits Plummet In Q2

In particular, the most aggressive round of profit taking from ‘LAND flipping’ on the platform occurred on November 24th, 2021, about one month after the announcement of the Meta rebranding. Since then, overall trading profits have seen a precipitous decrease as a whole, according to a report by Messari on July 26. Furthermore, between January 2020 and the whole of 2021, market participants saw a total of 19 days in which the aggregate land transactions resulted in a loss (Dec....

December 13, 2022 · 3 min · 482 words · Jessi Denery

Minnesota Senator Slams The Sec For Lack Of Good Faith Cooperation With Crypto Firms

Specifically, during the discussion at the House Committee on Financial Services, Minnesota Senator Tom Emmer interviewed the SEC Director of Enforcement Gurbir Grewal who has admitted that his agency’s crackdown actions included crypto companies that are outside its jurisdiction. Senator’s scathing criticism In the video of the discussion, posted by Emmer on July 19, the Senator had some harsh words for the SEC’s “absolutely unacceptable” practices like “not regulating in good faith”, “politicization of regulation over the last 14 months,” as well as the “industry sweeps” in relation to the digital asset sector over which, in Emmer’s words, the agency had no enforcement over....

December 13, 2022 · 2 min · 293 words · Erika Watson

Monthly Buy Bitcoin Searches Online Hits 241K 3X More Than Buy Gold

Data compiled by Finbold reveals that the average online monthly searches for the keyword ‘Buy Bitcoin’ worldwide has reached 241,000, which is three times more than ‘Buy Gold’ and nearly six times more than ‘Buy Ethereum.’ The numbers were extracted from the search engine optimization (SEO) tool Ahref. In particular, people searching for the three target keywords across all countries are led by the United States and the United Kingdom, respectively....

December 13, 2022 · 3 min · 473 words · Jeremy Dike

Morningstar Strategist Forecasts Cardano To Become Mainstream Crypto

The cryptocurrency-focused strategist discussed crypto regulation, Ethereum, and Cardano in a conversation with the Business Insider last week. Sharing her ideas, Arnott noted that the blockchain has numerous possible technological applications that may pique the interest of institutional investors in particular. Arnott confirmed: Writing about Ethereum on her site, Arnott revealed: Diversified index fund Moreover, she proceeded to express her thoughts on institutional cryptocurrency adoption. Additionally, the strategist expressed that since the Securities and Exchange Commission (SEC) in the United States has yet to approve any crypto exchange-traded-fund (ETF), it makes it “very difficult for mainstream investors to gain exposure to cryptocurrencies....

December 13, 2022 · 2 min · 278 words · Evelyn Serna

Pandemic Pushes Us Personal Spending To Record Largest Decline Since 1959

The U.S. Personal spending is measured by the Personal consumption expenditures (PCE) index, which takes into account how much of the income earned is spent by U.S. families. The PCE is used to measure consumer spending on goods and services. This represents also two-thirds of the domestic final spending and it is a great tool to understand future economic growth. This massive drop represents the largest decline in personal spending on record, which means since 1959....

December 13, 2022 · 2 min · 412 words · Donna Furukawa

Petition To Reduce 30 Crypto Tax In India Garners Over 15 000 Signatures In Hours Finbold

Since then, there has been a pushback against the planned crypto tax in the nation, prompting the creation of a petition on Change.org titled “Government of India: Introduce Reasonable Crypto Tax Policies.“ Aditya Singh, who started the petition, wanted to bring it to the notice of Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman. Notably, with over 15,000 signatures, the petition has become one of the most popular on Change....

December 13, 2022 · 2 min · 263 words · Sal Quinn

Professor Of Economics Warns Europe Is On The Brink Of Another Banking Crisis

The continent’s dependence on Russian oil and gas became evident as the war was brewing, and subsequent efforts to wane Europe off of Russian energy have brought nothing but pain for households and businesses. Anxiety over prospects of a cold winter in Europe is being exacerbated by high gas and energy prices, with fears that Russia’s president may shut off the flow of gas completely and use energy as a weapon....

December 13, 2022 · 2 min · 305 words · Fred Walls

Restaurant Software Giant Lavu Enables Crypto Payments In More Than 65 Countries

The partnership will offer smooth integration of Lavu’s restaurant software suite with the Verifone FLEX payment options, enabling the companies based in more than 65 countries to offer a unique point of sale (POS) solution with multiple modern payment methods to their customers. In essence, this will enable the companies to offer a unique point of sale (POS) solution to their customers. Whatsmore this strategic partnership will kick off with the Verifone Engage e285 device outfitted with Lavu’s tablet-based POS....

December 13, 2022 · 2 min · 277 words · Pamela Harrison

Restoring Ad Deleted Objects Without A Recycle Bin

While that process works well, it can be very time consuming, assuming that a good backup is available. For those of you who have upgraded your infrastructure to AD 2008 R2, you are now fortunate to have access to the AD Recycle Bin. However, for those that are on pre-2008 R2 domain, this process is still necessary. There is one option that can be used to quickly restore deleted objects without depending on system state backups....

December 13, 2022 · 4 min · 643 words · Lila Krug

Resurfaced Video From 2014 Shows Former Google Ceo Hailing Bitcoin As Remarkable

While speaking at the Computer History Museum in 2014, Schmidt noted that Bitcoin’s technology is important but expressed skepticism regarding the asset’s utilization as a currency. He stated that Bitcoin’s technology setup could power more businesses in the future. Interestingly, Schmidt made the remarks at a period when Bitcoin’s adoption was still low across the globe, and his stand can be viewed as a major boost for the asset’s prospects....

December 13, 2022 · 2 min · 255 words · Michael Barrios

Sec Fines S P Dow Jones Indices 9 Million Over Volatility Index Negligence

An order by SEC indicates that the negligence affected securities issued by Credit Suisse Group after S&P Dow Jones failed to disclose that its S&P 500 VIX Short Term Futures Index had an auto-hold feature. Following the indices failure, the result was static for over an hour during the February 5, 2018 incident. At the same time, the underlying CBOE Volatility Index (“VIX”) was rising 115% higher. SEC fails to disclose lost amount during volatility period The regulator notes that the static data led to a 96% drop in the value of Credit Suisse’s VelocityShares Daily Inverse VIX Short-Term Exchange-Traded Notes (“XIV Notes”) that was reliant on the S&P DJI index....

December 13, 2022 · 1 min · 134 words · Jasmine Mejia