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Largest US Banks Expect Billions in Loan Losses, Profits Plunge


Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...

Craig Wright Ends Lawsuit Against Adam Back – Pays Thousands in Legal Fees


According to various reports, the self-proclaimed Bitcoin inventor, Craig Wright has dropped his libel lawsuit against Blockstream CEO, Adam Back. Wright was forced to pay all of Back’s legal fees to the tune of £6,666 ($8,400). The news follows, Wright losing his UK court battle with...

The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days


The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop...

Darknet Vendors Work Overtime as Police Halt Drug Arrests


The coronavirus is having a strange effect on the war on drugs. Narcotics activities that were deemed serious crimes only a week ago have been dropped by U.S. law enforcement, who have greater concerns now that cities are under effective lockdown. Meanwhile, darknet vendors are doing their best...

Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B


Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged...

Unfortunately, clip-path: path() is Still a No-Go


I was extremely excited when I first heard that clip-path: path() was coming to Firefox. Just imagine being able to easily code a breathing box like the one below with just one HTML element and very little CSS without needing SVG or a huge list of points inside the polygon function! Chris...

Browser Version Release Spectrum


Whenever a browser upgrades versions, it's a little marketing event, and rightly so. Looks like for Firefox it's about once a month, Chrome is ~6 weeks, and Safari is once a year. Chrome 80 just dropped, as they say, and we get a video and blog post. What strikes me about releases like this these...

Market Update: Bears Claw Crypto Prices Below Long-Term Support


Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May...

Market Update: Despite Uncertainty, BTC Longs Skyrocket


Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...

Market Update: Uncertainty Strikes Crypto Traders After Week-Long Downtrend


Three days ago, cryptocurrency markets were holding foundational support after coins plunged 2-14% and the entire cryptoconomy dropped below $200 billion. Crypto prices continued to slide in a bearish trend, and over the last 12 hours, the entire market valuation of all 3,000+ coins lost another...

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