Gold Silver Reports – Bitcoin Contentious Bid for Legitimacy – Instead of bringing clarity, an impressive price surge last week accentuated the differences within the financial industry about the future of the bitcoins. Opinions range from those asserting that we are witnessing the birth and maturation of a new global currency to those who argue that the phenomenon is a “fraud,” with a large middle either reserving judgment or arguing that it will last but currently may risk being in the midst of a speculative price bubble.
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New tech that can fight cybercrime in the year 2020
Gold Silver Reports – New tech that can fight cybercrime in the year 2020 – Technological advances are taking place more rapidly than they are being adopted on ground. More devices and individuals are getting connected to cyberspace and are exposed to online risks. Intel Corp. predicts the number of internet-connected devices to go from the current 15 billion to around 200 billion in 2020—which is also the number of potential devices that might be prone to being hacked. In the present scenario, businesses face difficulty in securing their assets from potential threats; imagine the risk of cybercrime with 200 billion devices coming online.
Supreme Court Refuses Interim Stay on Linking Aadhaar to Bank A/c, Mobile Nos; Leaves it for Constitution Bench to Decide
Gold Silver Reports – The Supreme Court (SC) on Friday refused to pass an interim order staying the linking of Aadhaar with mobile numbers and bank accounts, saying that it is leaving the issue to be decided on by a Constitution bench in the last week of November.
Gold Mines in Alaska’s Estimated Worth Nearly $500 Billion
Gold Silver Reports – Gold Mines in Alaska’s Estimated Worth Nearly $500 Billion – The Trump administration has taken a key step toward paving the way for a controversial gold, copper and molybdenum mine in Alaska’s Bristol Bay watershed, marking a sharp reversal from President Barack Obama’s opposition to the project.
North Korea Calls US Naval Exercise Preparation for Nuclear War
Gold Silver Reports – North Korea Calls US Naval Exercise Preparation for Nuclear War – North Korea’s ambassador called on the U.N. Security Council Wednesday to urgently discuss the recent U.S. joint naval exercise near the Korean peninsula, calling it preparation for a pre-emptive strike and nuclear war against his country.
South Korea’s President Says Will Continue Phasing out Nuclear Power
Gold Silver Reports – South Korea’s President Says Will Continue Phasing out Nuclear Power – South Korea’s President Moon Jae-in said on Sunday the government will continue to phase out nuclear-generated electricity, following a public opinion survey that dealt a blow to his plans to do so.
Sovereign Gold Bond Rate Fixed at Rs2,971 per gram
Gold Silver Reports – The government has fixed the purchase price of sovereign gold bond (SGB) at Rs2,971 per gram. For the subscription period from 23-25 October, the issue price will be Rs2,971 per gram with settlement on 30 October, a finance ministry statement said on Saturday. This is part of SGB calender announced till December spread over 12 weeks.