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Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents
12.4.2020
Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they...
Bitcoin Doesn’t Care as US Debt Reaches an Unfathomable $24 Trillion
9.4.2020
U.S. debt is not only its biggest in history — it’s rising faster than ever thanks to the Donald Trump presidency
Max Keiser: Selling Bitcoin Now for 'Fiat Debt-Coupons' Is a Crime
7.4.2020
Coronavirus will cause the death of “world’s largest regulated Ponzi scheme,” Simon Dixon predicts
A Crypto Venture Fund Bought the Most Tokens at MakerDAO’s Debt Auction
1.4.2020
Crypto venture fund Paradigm Capital won the winning bids in the MakerDAO debt auction, but the users remain uncompensated
Cash Crisis: National Currencies Plunge in the Wake of Coronavirus
24.3.2020
Announcing an open-ended QE program Monday for unprecedented asset purchasing, the U.S. Federal Reserve has pledged to purchase assets "in the amounts needed," signaling the beginning of a virtually unlimited easing effort which will include moving into corporate bonds for the first time.
The post...
Maker Foundation Rejects Accusations of Participation in Its Debt Auctions
23.3.2020
The Maker Foundation dismisses debt auction accusations, stating it has only provided “limited technical assistance to some bidders”
Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt
22.3.2020
The U.S. is now facing the onslaught from the coronavirus outbreak. During the last two weeks, bureaucrats have shut down multiple industries while the Federal Reserve has injected trillions into the hands of private banks. Bipartisan members of Congress have been penning a 2020 stimulus plan,...
MakerDAO Raises USD 2m in MKR Debt Auction + More News
20.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Stablecoin news
USD 2 million in DAI has been raised in the MakerDAO MKR debt auction. The debt auction was launched with a goal...
$2 Million of MakerDAO Debt to Be Wiped as Auction Reaches Final Stages
20.3.2020
$2 million of debt is due to be wiped, as the first MakerDAO debt auction reaches its final stages
Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
19.3.2020
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders...
MakerDAO’s First Debt Auction of MKR Tokens Is Successfully Underway
19.3.2020
MKR price is going up as MakerDAO’s first debt auction is well underway
Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues
18.3.2020
Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However...
MakerDAO Community to Vote on Upgrades, Conduct Debt Auction
13.3.2020
For the first time, MKR tokens will be minted and auctioned for DAI to repay outstanding debts that failed as a result of the recent crypto market meltdown
IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020
15.1.2020
Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. Economies worldwide...
Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns
10.1.2020
The latest global debt wave is the largest in the past five decades, the World Bank has acknowledged in a new report. The international institution notes that previous waves of broad-based debt accumulation lead to widespread financial crises. Historically low interest rates this time might not...
With So Much Debt Around, Investors Need Bitcoin As a Reflation Hedge
20.12.2019
Market prices don't reflect rational decisions and central banks can hardly manage inflation. That's where bitcoin comes in
Two Lessons I Learned From Making React Components
19.12.2019
Here’s a couple of lessons I’ve learned about how not to build React components. These are things I've come across over the past couple of months and thought they might be of interest to you if you’re working on a design system, especially one with a bunch of legacy technical decisions and a lot...
UK’s Oldest Exchange to Delist Ethereum and Bitcoin Cash + More News
17.12.2019
Coinfloor CEO Obi Nwosu, courtesy of GBC News/YouTube
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Listings news
Coinfloor, Britain’s longest-running crypto exchange, will...
Why Eurasian Debt, Economic Uncertainty Make a Bull Case for Bitcoin
30.11.2019
Talk of the need for “a new, neutral global reserve asset” is ongoing at the heart of the traditional financial sphere
Global Debt Reaches New Highs — Is BTC a Solution or a Beneficiary?
22.11.2019
Bitcoin to replace fiat currency? “The Apples, Googles — the world’s largest companies — are using U.S. dollars still. When they switch over to Bitcoin, we can have that conversation.” — Vinny Lingham