Credit Card companies in the U.K. are deliberately increasing debt burdens on people struggling financially, according to an advocacy group. It found unrequested credit limit increases are higher among that demographic than the general public. Also read: LakeBanker CEO: China Is a Great Place for Financial Innovation Like This Charity network Citizens Advice claimed 18 … [Read more...] about Credit Card Companies Deliberately Piling on Debt, Says UK Group
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UK Residents Can Now Receive Pay in Bitcoin via Bitwage
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Fresh after launching in the E.U., Bitwage is now offering its service to U.K. employees too. The company allows any employee to instantly convert their wages to bitcoin, saving in increments. Also read: CNN Threatens to ‘Dox’ Meme Artist If He Misbehaves Again It's not necessary to be a U.K., E.U. or even U.S. resident to use Bitwage -- however you need to work for a … [Read more...] about UK Residents Can Now Receive Pay in Bitcoin via Bitwage
UK Police Make First Arrest via Automated Facial Recognition
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Police in the U.K. used real-time facial recognition technology in a public place to arrest a man this week. It's the first time police in the country have used the automated this way, and will doubtless raise privacy concerns. Also read: Libertarians Outraged After Party Member Jailed for Using Bitcoin Roving Facial Recognition Vans A video on the WalesOnline site shows a … [Read more...] about UK Police Make First Arrest via Automated Facial Recognition
UK Gov’t Seeks Social Media Crackdown With New Censorship Plan
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Theresa May’s ruling Conservative party has announced plans for a social media crackdown, seeking the authority to impose hefty fines on companies that do not comply with requests to remove fake news or hate speech. Also read: Upcoming Pirates of the Caribbean Movie Held Hostage by Ransomware Social Media Censorship on the Horizon in the UK? Coming just weeks before the UK … [Read more...] about UK Gov’t Seeks Social Media Crackdown With New Censorship Plan
Expert Kills ‘WannaCry’ Ransomware but Bitcoin’s Reputation Damaged Again
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The new ‘WannaCry’ ransomware that swept through Russia and Europe overnight has had its spread stifled by an eagle-eyed malware expert. However some are arguing this type of ransomware could sound the death knell for Bitcoin. Also read: Ransomware Attack Brings Down UK Healthcare System Cybersecurity researcher @malwaretechblog began scanning the new ‘WannaCry’ ransomware … [Read more...] about Expert Kills ‘WannaCry’ Ransomware but Bitcoin’s Reputation Damaged Again