Financial Industry News
Recent data reveals that BSV miners are increasingly holding their block rewards as opposed to selling them on the market. Some argue that this is the result of a decreasing demand for the asset. Celebrating 1 Year Anniversary Bitcoin SV celebrates it’s first year of mining today, since hard-forking from Bitcoin Cash and striking out […]
Continue ReadingHorribly flawed Pokemon Sword and Shield continue to get extravagant scores from game journalists. Star Wars Jedi: Fallen Order is getting unending praise despite obvious problems. Game reviewers need to stop behaving like clowns and start being more critical with their reviews. The recent Pokemon Sword and Shield and Star Wars Jedi: Fallen Order reviews […]
Continue ReadingFinancial regulators in China appear set to crack down on cryptocurrency trading again after President Xi Jinping’s praise for blockchain technology revived speculation in the sector. Regulators in each district of Shanghai must search and inspect local crypto exchange-related services before Nov. 22 and report to the central bank for further actions, according to an […]
Continue ReadingU.S. industrial production plunged in October at the fastest rate in a year-and-a-half. GM strike exacerbated the decline following a six-week work stoppage. The manufacturing sector remains in a recession that could spill over to the rest of the economy. U.S. industrial production plunged in October at the fastest rate in a year-and-a-half, further underscoring […]
Continue ReadingChangpeng “CZ” Zhao, blockchain expert and CEO of leading cryptocurrency exchange Binance, is more than optimistic about the future of blockchain and digital currency, saying the industry will only get bigger over the next few years. In an interview with Bloomberg published this week, he takes on the future of blockchain-based technologies, discusses the recent […]
Continue ReadingBinance’s official account on China’s major microblogging website Weibo has been blocked. The account of the major global exchange was blocked on Nov. 13, purportedly due to violations of the site’s policies, Taiwan-based publication The China Times reported on Nov. 15. At press time, Binance’s Weibo page is blocked, displaying a notice that the account […]
Continue ReadingThe buildup to the 2017 peak in cryptocurrency prices intoxicated business owners and investors around the world. The momentum was so great that new businesses popped up every second of the day, all hoping to cash in on the first great crypto gold rush. As 2018 rolled round, the long crypto winter soon froze out […]
Continue ReadingRichard Sherman is warning NFL players to prepare for a strike. The collective bargaining agreement (CBA) expires after next season, and the 49ers defensive back doesn’t want players to be caught off guard. Sherman is entirely correct, and players should heed his advice. San Francisco 49ers defensive back Richard Sherman is no stranger to controversy, […]
Continue ReadingAmerican credit card debt hit $1 trillion this year, surpassing 2008 crisis highs. Delinquencies are at four-year highs, while delinquencies at small banks hit record rates. Credit card interest rates are at all-time highs, making it harder than ever to pay back. There are “bubbles everywhere” according to Nobel prize winner Robert Shiller, from stocks […]
Continue ReadingThe planned hard fork of the Bitcoin Cash network has been completed, as the first block considered invalid by the older client version was noted by BitMEX Research in a tweet on Nov. 15. Fork Monitor detected that the block at height 609,136 was considered invalid by the Bitcoin ABC 0.19.0 client. The block was […]
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