An Unfixable Flaw Threatens 5 Years of Intel Chips

Plus: A J. Crew breach, CIA hacking, and more of the week’s top security...

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Nigerians Can Now Buy Bitcoin With Cash From Stores and ATMs That Take Naira
Mar08

Nigerians Can Now Buy Bitcoin With Cash From Stores and ATMs That Take Naira

If there’s a place where cryptocurrencies draw significantly more attention than anywhere else right now, it has to be Nigeria. Africa’s largest economy is driven by its oil exports, expanding manufacturing, financial services, communications and information technology sectors, but also by a tech-savvy generation that asks Google about Bitcoin more than its peers in other countries. Despite the progress, however, cash...

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Stimulus, QE, Rate Cuts: Coronavirus Fuels Central Banks’ Monetary Easing Policy
Mar08

Stimulus, QE, Rate Cuts: Coronavirus Fuels Central Banks’ Monetary Easing Policy

The world has been focused on the coronavirus outbreak that’s claimed 105,612 cases and 3,562 deaths to date. The pandemic has caused government leaders to react and central banks are breaking out tools from their arsenal of monetary easing schemes. The world’s central banks say the public health emergency and international concern over the global economy gives them reason to issue helicopter money, print fresh stimulus...

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Bitcoin.com Local Gathers Steam as Other P2P Markets Falter
Mar08

Bitcoin.com Local Gathers Steam as Other P2P Markets Falter

The bitcoin marketplace Localbitcoins was once the most popular peer-to-peer (P2P) trading platform. But during the last few years, the company’s trading requirements and KYC implementation have caused an influx of traders to migrate to different P2P crypto markets. The mass departure has caused business on Localbitcoins to drop like a rock and volumes haven’t been this low since 2017. Additionally, alternative P2P trading...

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South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards
Mar08

South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards

South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Also read: Bitcoin Legal in India – Exchanges Resume INR Banking Service...

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