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How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise


Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling...

Ethereum-Based Crypto-Games Fall under ‘Gambling’ - Study


Recent research by the University of York found that Ethereum-based crypto-games in fact meet definitions of gambling. This week, the university published an article saying that a new study looked into the nine highest-ranked Ethereum dapp (decentralized aplications) games listed on State of...

Bitcoin Price Crashes, Altcoins Turn Red


Source: istock/Photographer, Filmmaker, Designer In a sudden move on Wednesday afternoon (UTC time), bitcoin price dropped by 5% in one hour, reaching the level last seen in May 2019, while almost all top 100 coins also turned red. At pixel time (13:14 UTC), bitcoin trades at c. USD 7,612 and...

Malaysia Regulator Approves International Crypto Exchange Luno


The strict financial regulator in Malaysia is trying to help the local fintech industry scale up and attract new investors. As part of that trend the Malaysia Securities Commission is recognizing the right of cryptocurrency exchanges such as Luno to serve local customers. Also Read: Credit Suisse...

U.S. Agents to Hunt North Korean Crypto Hackers + 14 More Crypto News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Security news The United States National Security Agency has launched a new cybersecurity unit – with staff members who...

This Is How Facebook CEO Contradicts Himself in Libra Testimony


Mark Zuckerberg. Source: a video screenshot, Youtube, CNBC Television Facebook's statements often, intentionally or not, make people either confused about the company’s plans, or make them wonder if the company has clear plans at all. This time around, speaking about Libra token, CEO Mark...

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