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US Treasury Secretary Sees Libra As National Security Threat

PYMNTS

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

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Bitcoin Daily: Haiti Home To Blockchain Surge; Fraudsters Use Fake Crown Prince Story To Steal Users’ Bitcoin

PYMNTS

The post reportedly directed victims to a fake story about Sheikh Mohammed bin Zayed, the crown prince of Abu Dhabi and deputy supreme commander of the armed forces, claiming that he wants to make people rich via a fake bitcoin trading platform. We have had official dialogue with Facebook.

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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. And one of the most notable events of 2020 was the big appreciation in bitcoin’s price, tied as it is (and was) to optimism about cryptos’ future.

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Venmo, Girl Scouts And Bitcoin: The Week In Unexpected Upsides

PYMNTS

Because, as it turns out, Venmo might just be able to help cure a broken heart (or make one worse), the big bitcoin price drop might have been a boon for cybersecurity, and Girl Scout cookies might just be the reason you see more healthy eating options advertised over the next few weeks. Bitcoin’s Price Busts, So Hackers Change Tactics.

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Email B2B Scams Cost $26B Over Last Three Years

PYMNTS

Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools — to say nothing of the use of text as a communication tool. Actors usually get around 70 percent of the face value of the card in bitcoin.”.

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The 2023 GonzoBanker Awards

Gonzobanker

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. The Comeback Investment of the Year Award – Bitcoin (BTC). Expect more deals to be announced in 2024. and Summit Financial Group, Inc.

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2020 GonzoBanker Awards

Gonzobanker

John Beale , longtime CIO of City National Bank. For more than 20 years, John has helped City National grow its niched commercial and private banking businesses with strategic technologies. Chris’ public posts including his playbook for dealing with COVID-19 were gobbled up on social media.

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