Economist Stephen Moore, who recently lost out on a bid to join the board of the Federal Reserve, is looking to launch his own cryptocurrency product, Fortune reported on Monday (Oct. 21). Moore and other entrepreneurs are seeking to start a digital stablecoin — Frax...
Three years after fraudsters made off with $101 million from a Bangladesh bank, cyber threats have evolved, according to a new report by SWIFT. The bad guys wait quietly for weeks and months and then strike. They're also trying to sneak under the radar with...
New data shows the number of U.S. $100 bills in circulation has doubled since 2008, with more than 12 billion of them around the world. According to CNBC, the latest data from the Federal Reserve shows $100 bills have now passed $1 bills in circulation....
The New York branch of Bank of China will allow Chinese firms to get payment in yuan from eCommerce sales derived from their U.S. platforms, reported Reuters. The report, citing the official Xinhua news agency, reported that Chinese firms will be able to receive payment in...
April 11, 2019
Three years after fraudsters made off with $101 million from a Bangladesh bank, cyber threats have evolved, according to a new report by SWIFT. The bad guys wait quietly for weeks and months and then strike. They're also trying to sneak under the radar with lower-value transactions, according to the findings
October 21, 2019
Economist Stephen Moore, who recently lost out on a bid to join the board of the Federal Reserve, is looking to launch his own cryptocurrency product, Fortune reported on Monday (Oct. 21). Moore and other entrepreneurs are seeking to start a digital stablecoin — Frax — as a “new type of central bank” to stabilize […]
February 28, 2019
New data shows the number of U.S. $100 bills in circulation has doubled since 2008, with more than 12 billion of them around the world. According to CNBC, the latest...
January 14, 2019
The New York branch of Bank of China will allow Chinese firms to get payment in yuan from eCommerce sales derived from their U.S. platforms, reported Reuters. The report, citing the...
October 29, 2018
Hoping to stabilize the rupee, India has agreed to a $75 billion currency swap with Japan, according to reports on Monday (Oct. 29). “The deal will help the two countries...
