BackBox is more than an operating system, it is a Free Open Source Community Project with the aim of promoting the culture of security in IT environment and give its contribution to make it better and safer. All this using exclusively Free Open Source Software, demonstrating the potential and power of the Community. If you’d like to know more feel free to navigate in our web site and get in touch with us.
BackBox is more than an operating system, it is a Free Open Source Community Project with the aim of promoting the culture of security in IT environment and give its contribution to make it better and safer. All this using exclusively Free Open Source Software, demonstrating the potential and power of the Community. If you’d like to know more feel free to navigate in our web site and get in touch with us.
Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year.
A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
How Does Bitcoin Mining Work?
Bitcoin mining is the process of adding new transactions to the Bitcoin blockchain. It’s a tough job. People who choose to mine Bitcoin use a process called proof of work, deploying computers in a race to solve mathematical puzzles that verify transactions.To entice miners to keep racing to solve the puzzles and support the overall system, the Bitcoin code rewards miners with new Bitcoins. “This is how new coins are created” and new transactions are added to the blockchain, says Okoro.
