Source: wikipedia.org, Credits: Michielverbeek An ECB board member calls Libra’s promises treacherous and calls Europeans not to adopt it. The spokesperson highlighted the risks for the traditional monetary system and why the launch of Libra threatens it. Similar voices have been heard in the United States, as Libra is expected to hit banks there even harder. Yves Mersch, a … [Read more...] about ECB Urges Europeans to Ignore Facebook’s ‘Libra’ Cryptocurrency
ECB
ECB Warns That No European Bank is Safe From Hackers
ECB director general believes that getting hacked is only a matter of time if you trust external storage. Cloud services aren’t weak in terms of security, but they “tout importance” to attackers. There have been multiple severe data breach cases recently that strengthen the director’s opinion. Korbinian Ibel, the European Central Bank’s director general, has stated that all … [Read more...] about ECB Warns That No European Bank is Safe From Hackers