Daily Roundup – October 16, 2017

Daily Roundup – October 16, 2017

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According to ITV News, Microsoft’s Brad Smith has said North Korea was behind the WannaCry ransomware attack from earlier in the year.

According to CNBC, the bitcoinization of Venezuela may be the only way to help those affected by the humanitarian crisis in the country.

According to CNBC, nobel-winning economist Robert Shiller has referred to bitcoin as a “fad”. The economist also noted that gold has always been a bubble.

According to Business Insider, UBS has warned clients that it doesn’t think the recent rally in cryptocurrencies is supported by the fundamentals. The bank referred to the price spike in these assets as a “speculative bubble”.

According to CoinJournal, the Securities and Exchange Commission Investor Advisory Committee discussed the merits of bitcoin as a store of value in a public meeting last Thursday.

Featured image via Pixabay.

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