In an earlier article, NFK looked at a kind of digital money called a cryptocurrency. The article explored the popular cryptocurrency Bitcoin, and how it works. Today, NFK looks at some of the serious problems related to Bitcoin.
Posts tagged as “banks”
Reporters have revealed a massive collection of leaked documents showing how rich and powerful people around the world have been hiding their money and property "offshore" in order to avoid taxes. Many of the people are well-known world leaders.
In recent years, a kind of digital money, called "cryptocurrency" has been getting more and more attention. Many people are excited about the way the money works, and believe cryptocurrencies will become even more popular in the future.
In today's news roundup, climate change is named a health emergency for children, Zimbabwe prints its first new money in 10 years, and a group scans faces to encourage a new law against face scanning.
In today's news roundup, Typhoon Lekima hits China, Chase Bank gives a gift to Canadian credit card customers, Germany thinks about raising taxes on meat, and a man in Spain learns not to throw refrigerators off of cliffs.
The Bank of England says it will honor Alan Turing on a new 50-pound banknote. Mr. Turing, a math genius and secret hero of World War II, was mistreated by England near the end of his life.
Thieves may have stolen almost $20 million from banks in Mexico. It looks like the thieves found a way to steal the money using computers.