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McDonald’s, Starbucks, Subway May Take Part in Digital Yuan Tests - Reports


McDonald’s, Starbucks and Subway branches could be set to take part in the Chinese central bank’s digital yuan pilots, with Beijing’s efforts to roll out the world’s first central bank digital currency (CBDC) intensifying. Multiple Chinese outlets, including the likes of Sina (via JRJ and Ciajing)...

Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed


Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. The decision comes after a virtual town...

K-pop and Charity Kingpin Denies Crypto Scam Reports


A K-pop impresario who also heads a UN-affiliated charity has denied accusations linking him to a cryptocurrency fraud campaign that allegedly saw him target some of the biggest stars in South Korea’s entertainment. Lee Wook is head of the W Foundation, a charity aligned with the UN’s climate...

Can JavaScript Detect the Browser’s Zoom Level?


No, not really. My first guess was that this was intentionally not exposed in browsers because browsers intentionally don’t want us fighting it — or making well-intentioned but bad-outcome decisions based on that info. But I don’t see any evidence of that. StackOverflow answers paint...

Digital Yuan Real-world Tests to Begin in May - Chinese Media Reports


Multiple domestic media outlets are reporting today that China is beginning its first tests for what is set to become the world’s first central bank-issued digital currency, with real-world tests coming in May. Chinese outlets say that the digital yuan, known in China as the DCEP (Digital Currency...

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...

Reports of Senators Selling Stocks After Closed-Door COVID-19 Briefing Emerge


The novel Coronavirus has shaken the world, developed and emerging nations alike, claiming more than 10,000 lives and infecting more than 250,000 people in at least 182 countries. The world hasn’t seen a pandemic of this scale for decades, and unsurprisingly, the impact on the economic aspects...

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