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Unsold US Hotel Rooms Near 1 Billion As Lodging Crisis Deepens

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As spiking Covid-19 cases further derail travel, the U.S. hotel industry is closing in on a bleak marker: One billion empty rooms for the year. Unsold US Hotel Rooms Near 1 Billion As Lodging Crisis Deepens More than 962 million room nights have gone unsold through last week, according to…

The Wealthy Are Jumping Into Bitcoin As Stigma Around Crypto Fades

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With Bitcoin surging more than 270% since March, the rich are ratcheting up investments in digital currencies and anticipating further gains. The Wealthy Are Jumping Into Bitcoin As Stigma Around Crypto Fades Christian Armbruester wishes he’d bought more. Armbruester, the founder of Blu Family Office, a London-based investment firm for…

WordPress Adds Official Ethereum Ad Plugin

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Online advertising is going crypto with Ethereum. WordPress Adds Official Ethereum Ad Plugin A new crypto plugin will allow WordPress publishers to receive ad earnings directly into their Ether (ETH) wallets, according to a Dec. 10 plugin description posted on the WordPress’ official website. Called “EthereumAds,” the plugin will enable…

Ultimate Resource On Flying Taxis

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Military endorsement could bring novel electric vehicles closer to reality. Ultimate Resource On Flying Taxis Flying taxis, which one day may whisk passengers around town without pilots, are getting a boost from the U.S. military. [caption id="attachment_22448" align="aligncenter" width="600"] The Joby Aviation Vehicle, With Six Electric-Powered Tilt Rotors Above An…

FireEye Hack Portends A Scary Era Of Cyber-Insecurity

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If this company’s defenses can be breached, whose can’t be? FireEye Hack Portends A Scary Era Of Cyber-Insecurity Unless you’re an information technology guru, or someone whose professional duties include protecting computer networks from cyberattacks, you may not have heard of FireEye Inc., a little Milpitas, California, company specializing in…

How FinCEN Became A Honeypot For Sensitive Personal Data

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If a despotic government’s bank transactions can be leaked, so can yours. How FinCEN Became A Honeypot For Sensitive Personal Data That’s perhaps the most overlooked yet unsettling implication of the recent data dump of more than 2,000 suspicious activity reports (SARs) filed by financial institutions to the U.S. Financial…

France Moves To Ban Anonymous Crypto Accounts To Prevent Money Laundering

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France is preparing new frameworks to prevent anonymity in crypto. France Moves To Ban Anonymous Crypto Accounts To Prevent Money Laundering French financial authorities are strengthening the country’s cryptocurrency regulations in a move to prevent illicit activities like money laundering and terrorism financing. On Dec. 9, several ministries in France…

Apple And Google To Stop X-Mode From Collecting Location Data From Users’ Phones

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After the data broker came under scrutiny for national-security work, tech giants tell app developers to remove trackers or lose access to their operating systems. Apple and Google To Stop X-Mode From Collecting Location Data From Users’ Phones Apple Inc. and Alphabet Inc.’s Google will ban the data broker X-Mode…

Hunter Biden Says His Taxes Are Under Investigation

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President-elect’s son believes review ‘will demonstrate that I handled my affairs legally and appropriately’. Hunter Biden Says His Taxes Are Under Investigation [caption id="attachment_22417" align="aligncenter" width="600"] Hunter Biden, Son Of President-Elect Joe Biden.[/caption] Hunter Biden, the son of President-elect Joe Biden, said in a statement Wednesday that the U.S. attorney’s…

10 Predictions For 2021: China, Bitcoin, Taxes, Stablecoins And More

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While 2020 has been a very difficult year, it has, ironically, been a catalyst year for fintech and crypto. 10 Predictions For 2021: China, Bitcoin, Taxes, Stablecoins And More And there are no signs of the momentum slowing down in 2021! Henri Arslanian is Global Crypto Leader, PwC and an…

Another Crypto Index Fund Now Trading Through US Brokerage Accounts

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The news follows Bitwise withdrawing its SEC application for a Bitcoin Exchange-Traded Fund earlier this year. Another Crypto Index Fund Now Trading Through US Brokerage Accounts U.S. retail investors will be able to get exposure to Bitwise's new crypto index fund — albeit indirectly. According to a Dec. 9 statement…

Movie Based On Darknet Market Silk Road Premiering In February

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The film will reportedly focus on what led to Ross Ulbricht’s arrest as the founder of the darknet marketplace. Movie Based On Darknet Market Silk Road Premiering In February Silk Road founder Ross Ulbricht’s story is coming to the silver screen in 2021 following an announcement from major entertainment company…