Pirate Bay-Targeting Malware Hijacks Websites to Steal Cryptocurrency

Downloading movies from The Pirate Bay could potentially expose users to cryptocurrency theft and phishing on an unprecedented scale. Security researcher 0xffff0800 was the first to raise the alarm on January 11 when he detailed his experience of downloading ‘The Girl In The Spider’s Web’ from TPB only to be confronted with a .LNK shortcut containing

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China Injects Record $83 Billion to Counter Economic Decline

China’s economy is facing some of its toughest challenges in years. On Wednesday, a day after several Chinese government institutions vowed further stimulus to aid its financial sector, the People’s Bank Of China injected a net $83 billion (560 billion yuan) into open market operations via reverse repo operations — to counter its declining economy.

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ABCC Exchange Supports New Singapore Regulation

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned

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Netflix to Outperform Wall Street Projections, Stock Soars 50% in 3 Weeks

On January 17, Netflix raised its subscription fees by $1 to $2 following an ambitious decision to invest in a wider range of programs and shows. The move comes after the company decided to increase the yearly compensation of Netflix chief content officer Ted Sarandos to $31.5 million, making him one the highest paid producers

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Bitcoin Interview: Edge Wallet’s Paul Puey on the Future of Money

CCN had a chance to speak with Paul Puey, founder of Edge Wallet and veteran crypto entrepreneur. Edge Wallet was previously called Airbitz. In the early days of crypto, Airbitz was a Bitcoin-only wallet that featured a directory of brick and mortar businesses which accepted Bitcoin. It was one of the only mobile wallets which

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Tell Billionaire CEO Jamie Dimon He’s The Reason Why America’s Small Businesses Are Dying

The live stream of Jamie Dimon’s address (watch below) at the NY Economic Club opens with the billionaire CEO of JP Morgan Chase pointing out a dearth of activity from American small business entrepreneurs over the last ten years since the Wall Street financial crisis: “Small business formation is lower than it’s ever been in

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Kashkari: Federal Reserve Doesn’t Need to Protect Investors

Another Federal Reserve president has spoken out on interest rates. Neel Kashkari says there is no need for interest rate hikes right now but that the US Federal Reserve does not exist to protect investors. Though the stock markets are exhibiting “nervousness,” says Kashkari, investors have to figure out what to do next. We are

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United Airlines: We’re Not Hurting from Government Shutdown [Yet]

United Airlines CEO Oscar Munoz says the partial US government shutdown has not had a significant financial impact yet, but warns that this could change dramatically if the furlough drags on much longer. “There is some impact there,” Munoz told CNBC Wednesday (Jan. 16). “It’s not discernible and it’s not significant. Clearly the longer this

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Dow Jones Gets Huge Boost: Goldman Sachs Soars 9%

The Dow Jones Industrial Average received a huge boost today as Goldman Sachs reported higher than expected earnings for the fourth quarter of 2018. Goldman Sachs delivered adjusted earnings per share (EPS) of $6.05 against analyst’s predictions of $4.53. Its revenue hit $8.08 billion exceeding analysts forecasts of $7.54 billion. The bank’s stocks have surged

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Trump Slump? Government Shutdown & Trade War Leave Markets on Edge

The federal government shutdown showdown of 2019 between Capitol Hill Democrats and President Donald Trump keeps setting records as it enters into its 26th day. The previous longest federal shutdown in U.S. history was the 1995-’96 face-off between Speaker Newt Gingrich (leading the first Republican House Majority in 40 years) and President Bill Clinton. That

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