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New Stimulus Proposals Gain Support While Lawmakers Push for Second Stimulus Checks to Help Americans
7.12.2020
Two new stimulus packages have been proposed while lawmakers continue to push for second stimulus checks to help Americans cope with the coronavirus-led economic crisis. House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell want to add stimulus measures to the spending bill that...
This $350 HP Pavilion Desktop Won't Run Crysis, but It Will Get You Out of a Crisis When That Presentation Is Due
4.12.2020
HP Pavilion Desktop Computer | $350 | StaplesRead more
Second Stimulus Checks: New Proposal Taps Unused Fed Funds, Lawmakers Call for Relief Now
23.11.2020
Americans are anxiously waiting to hear if they will receive a second round of stimulus checks as many are suffering due to the coronavirus-led economic crisis. Treasury Secretary Steven Mnuchin has a new proposal to immediately provide relief aid, while Nancy Pelosi has been discussing stimulus...
Stretched thin? Wrapped Bitcoin assets may encourage supply crisis
21.11.2020
WBTC, BTCB, and other wrapped Bitcoin implementations may contribute to a BTC supply shortage looming on the horizon
US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon
17.11.2020
Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next...
Capitalism and The Coronavirus Crisis: The Coming Transformation(s)
8.11.2020
The world economy is currently experiencing its severest contraction since the Great Depression of the 1930s. Unlike the Great Depression and the global financial crisis (GFC) of 2008-2009, this crisis cannot be directly attributed to the dysfunctional workings of capitalism. But even if it is...
Iran Adopts Bitcoin for International Trade Amid Heavy Sanctions, Falling Rial, Soaring Inflation
6.11.2020
The Iranian government has adopted bitcoin for international trade as the country’s economic crisis deepens, with rising Covid-19 cases, depreciating rial, and intensifying sanctions imposed by the U.S. government. Iran’s Economic Troubles Magnified Iran is undergoing a severe economic...
South Korean Doctor Says Blockchain ‘Must Be Used’ to Fight Crisis
3.11.2020
A South Korean doctor said that it is an “inevitability” that medics in the country will turn to blockchain and other industry 4.0 technology advances in the wake of a flu vaccine error that has killed at least 59 people.
Kim Mi-ri, an ear, nose and throat specialist who works in Seoul’s busy...
Coronavirus Crisis Driving US Investors to Bitcoin, Survey Finds
27.10.2020
The coronavirus pandemic appears to have had more of an effect on the American bitcoin (BTC)-buying community than first thought, per a new survey.
According to a Grayscale-commissioned online survey of 1,000 USA-based general investors aged between 25 and 64 and conducted between June 26 and July...
Goldman Sachs to Settle Massive Corruption Case for $2.8 Billion With US Government
22.10.2020
Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed to pay the Malaysian government billions...
DragonEx crypto exchange considering shutdown amid OKEx 'crisis of trust'
21.10.2020
DragonEx is shutting down deposits and withdrawals of all cryptos
6 Stimulus Packages Have Been Proposed to Provide Second Direct Payments to Americans
11.10.2020
Six stimulus packages have been proposed to provide second stimulus checks for Americans. The latest proposal came from the White House on Friday. Several stimulus bills are being discussed as Americans hope to soon receive another round of direct payments to help them through the coronavirus...
Interest in Bitcoin Soars in Egypt Amid Economic Crisis and Unemployment
3.10.2020
A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian bitcoin community is seeing a huge spike in the number of members interested in bitcoin mining and trading. Egyptians Increasingly Attracted to Bitcoin Many Egyptians...
Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector
3.10.2020
Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now,...
Inside the blockchain developer’s mind: The governance crisis
25.9.2020
In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the third one: governance
Inside the blockchain developer’s mind: The vertical scaling crisis
24.9.2020
In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the second one: vertical scaling
Inside the blockchain developer’s mind: The upgradeability crisis
23.9.2020
In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the first one: upgradeability
Abkhazia government blames illegal crypto mining for energy crisis
18.9.2020
It is already illegal to mine crypto within the de facto state
How Game Theory Helped a Swiss Entrepreneur Overcome the Financial Crisis: A Success Story
14.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Benjamin Franklin, an American politician, inventor and writer, said: "If you know how to spend less than you get, then you have the Philosopher's Stone.
The hero of today's rubric does not have...
$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases
3.9.2020
The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the Centers for Disease Control and Prevention (CDC) enacted public...