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G20 Ministers Discuss Crypto Benefits, Commit to Risk-focused Vigilance
By CCN Markets: Global finance ministers and central bankers reconfirmed their multilateral support of crypto-industry regulations on the weekend in Japan. They were attending the G20 Finance Summit ahead of the Leaders’ Summit in late…
Dem Hopeful Andrew Yang Slams Amazon in Viral Maher Clip
By CCN Markets: Democratic presidential candidate Andrew Yang appeared on the Bill Maher show over the weekend. He discussed his Universal Basic Income (UBI) plan in detail, suggesting that big tech companies including Amazon could foot…
German Central Bank Chief Pours Cold Water on Digital Currencies
By CCN: Deutsche Bundesbank president Jens Weidmann has added a dampener to discussions on central bank digital currencies (CBDC), claiming they would destabilize financial systems and worsen bank runs.
The president of Germany’s central…
Elon Musk Once Believed Tesla Would Fail. He Was Almost Right
By CCN: There are two ways to catch a con man like Tesla’s Elon Musk: look at his previous statements and look at his current statements. The obvious lies are the current ones.
The juicier and more damning ones are things said or thought…
Walmart In-Home Delivery a Security Threat and Amazon Knock-Off
By CCN: For a company that can’t even employ staff members capable enough to direct shoppers to the right aisle, Walmart is taking an enormous gamble asking customers to trust them to enter their homes.
But that’s exactly what the…
Poloniex Users Threaten to Sue After Losing $13.5M in CLAM Flash Crash
By CCN: U.S.-based cryptocurrency exchange Poloniex has revealed that its lenders lost $13.5 million in a sudden CLAM price crash. To cover its losses, the exchange slashed the principal of active BTC loans by approximately 16%. Now…
Russia’s Massive Oil Industry Considers Using Facebook’s Global Coin
By CCN: According to local reporting, Facebook’s Global Coin might soon be used to value barrels of oil, according to one wide-ranging article about the impact of technology on the Russian economy.
Warning that further American dominance…
Evil Bitcoin Scam Dupes Victims With FAKE Cristiano Ronaldo Pitch
By CCN: Five-time Ballon d’Or winner Cristiano Ronaldo is the latest celebrity whose likeness has played an unfortunate role in promoting a string of evil bitcoin scams.
According to British tabloid Daily Mirror, cryptocurrency…
Bitcoin in Crosshairs as SEC & DOJ Drop Hammer on Crypto Firm Longfin
By CCN: The “crypto” startup Longfin Corp. got spanked by both the SEC and the DOJ for fraud amid a broader regulatory crackdown on bitcoin-related financial crimes.
Specifically, Longfin’s CEO, Venkata Meenavalli, is accused…
Stock Futures Slither Lower After Worst ADP Jobs Report in 9 Years
By CCN: US stock futures slithered lower ahead of Wednesday’s opening bell in response to alarming jobs data that missed analyst estimates by a concerning margin.
Dow Futures Sink From Session High
As of 8:33 am ET, Dow Jones Industrial…
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