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Showing posts with the label Crypto Currencies

Is Bitcoin (Crypto Currencies) Central Bank's Ultimate Weapon against Gold?

The frenzy is On, Full Steam! There are reports from Japan of People taking Mortgages on their Houses to fund Bitcoin buying. Sounds familiar? Rewind back to what was happening at the height of Real Estate bubble. Actually it wasn't this bad! We are living in times which will be remembered for ever; we never how it felt at the top of Tulip bubble we could only read about it. No need to be disappointed, we will be part of a similar history with the Bitcoin mania encircling everyone around us. No one wants to make sense of it, instead everyone wants to enter into the exceptional frenzy. The 'Fear of Missing Out' is too much for people!

WANNA CRY Ransom Ware Attack - Is Crypto Currencies the Actual Target?

The World has literally been shocked by the WANNA CRY ransom ware attack which unfolded over the weekend. We haven't witnessed anything similar in terms of scale and impact ever before. Earlier also every minute some computer across the world were getting hacked by ransom ware, but here the difference was the use of it was a serious Weapon, may be even we can call it the Weapon of Mass Destruction. Some say the level of sophistication has been due to the fact that National Security Agency (NSA) has coded this weapon. It's no surprise that it spread like the STUXNET worm!