The Currency Scene
According to Jewish Law is Bitcoin Considered to be Money?
- Written by: Chabad
- Category: Digital Currency
Recently a Florida Judge ruled that Bitcoin isn't money. This ruling ended up throwing out an anti-money laundering charges against one Michell Espinoza. Whether Bitcoin is considered money or not could have further implications not only in the legal cases but how governments regulate (or try to regulate) this "digital currency". However looking through the lense of history, would Bitcoin been considered "money"?
Why Gold Prices Go Up When The Market Goes Down
- Written by: Matthew S Daye
- Category: Markets & Metals
When the Federal Open Market Committee (FOMC) declared on September 17, 2015 that it was going to do... well... nothing regarding interest rates, a couple of interesting things happened.
With ATM Usage Increasing Banks Are Saying Don’t Count ATMs Out Just Yet
- Written by: Matthew S Daye
- Category: ATM
Contrary to some expectations that the latest technology would disrupt the ATM industry, banks in the Charlotte area are growing their ATM user base, so maybe we don't count ATMs out just yet. Local managers point out that their customers continue to choose the ATM because the machines are multi-located, easily accessible and open 24 hours.
The Currency Supply Chain: Going the Way of the Dinosaur?
- Written by: Matthew S Daye
- Category: Currency
Despite what movies like Godzilla and Jurassic Park would have us believe, dinosaurs are dead. Once they dominated the Earth; now they're gone - never to live again. With the continued advance of technology and the rise of digital payments, many people predict a similar fate for physical money. Well... not so fast!
Bad Time to Be a US Bank
- Written by: CNN
- Category: Markets & Metals
U.S. bank stocks are getting dumped like it's 2011. Shares of Bank of America and Morgan Stanley plummeted by 13% apiece in the two days after the shocking Brexit vote. Even though banks and the broader markets are rallying on Tuesday, Goldman Sachs is still down 22% this year. That makes the elite investment bank the worst Dow stock in 2016.
How Your Smartwatch Reveals Your ATM PIN Codes
- Written by: INC
- Category: ATM
Hackers who gain control of a smartwatch can record hand motion down to the millimeter and steal PIN numbers when they are entered at ATMs with 80 percent accuracy on the first try, and over 90 percent accuracy after three tries, according to researchers at the Stevens Institute of Technology in New Jersey and Binghamton University in New York.
An ATM -- Or an unpatched and easily hacked PC
- Written by: The Register
- Category: ATM
Almost any cash machine in the world could be illegally accessed and jackpotted with or without the help of malware. Security researchers at Kaspersky Lab reached this conclusion after investigating real attacks on ATMs and assessments of the machines carried out for several international banks.
