Weekly news
Added 2020-07-01 20:46:48 +0000 UTCHello dear Patreons!
Here is this week's selection of news.
All the best
Rose
BITCOIN
Bitcoin Market Value Could Soon Be Over $1 Trillion Thanks To ‘Perfect Storm’
Bitcoin investors might finally have reason to feel a little vindicated after research showed a ‘perfect storm’ could send the cryptocurrency’s market value up over five-fold to a staggering $1 trillion.
More Britons take a bet on bitcoin
The number of people in Britain buying cryptoassets like bitcoin BTC=BTSP and ether has more than doubled over the past year, but many are still unaware they have no protection against mis-selling, the Financial Conduct Authority said on Tuesday.
GOLD
Chinese firm dumps 83 tonnes of fake gold on the market
- China's Wuhan Kingold Jewelry used at least 83 tonnes of counterfeit gold as collateral for loans.
- The gold was used to secure loans worth in excess of $2 billion.
- The discovery raises questions about the practicality of gold as an asset.
83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal
BIOMETRICS
Face biometrics use in U.S. schools, policing, airports and public housing faces legal challenges and questions
A lawsuit over the use of biometric facial recognition in schools has been filed by the New York Civil Liberties Union against Lockport City School District, alleging its AEGIS system violates student data protection laws.
