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US Gov't Opens Door for Fintechs to Become Lenders in COVID-19 Relief Plan
13.4.2020
Fintech lenders can finally join the ranks of traditional banks in relief efforts for small businesses hit by COVID-19
Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout
12.4.2020
Since the market carnage on March 12 otherwise known as Black Thursday, the exchange Bitmex has seen 36% of the trading platform’s bitcoin reserves withdrawn. A few other well-known crypto exchanges have seen cold wallets drained, while other trading platforms have witnessed reserve...
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...
Fintech Lenders May Struggle to Qualify Under U.S. Gov't COVID-19 Relief Plan
10.4.2020
The U.S. government’s COVID-19 relief plan is not yet fintech-friendly, say experts
‘Dismayed’ Blockchain Startups Excluded from S Korean Tax Support Plan
8.4.2020
South Korean blockchain companies say they are “deeply disappointed” by the news that they will be excluded from a support program for small- and medium-sized enterprises (SMEs) in the worst-hit parts of the nation, helping them deal with the financial aftermath of the coronavirus pandemic.
Per...
Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow
6.4.2020
One of the most bullish charts for predicting the price of bitcoin is the infamous stock-to-flow (S2F) model. The S2F analysis shows the price of BTC could reach $55,000 in the near future. One advocate of the S2F model, the Twitter account known as ‘Plan B,’ wrote a report about...
Tokyo District Court Extends Mt. Gox Rehabilitation Plan Deadline
31.3.2020
The deadline for the plan to honor rehabilitation claims by now-defunct crypto exchange Mt. Gox was pushed to July 1
BlockApps and Optimum Plan to Track Energy Usage on the Blockchain
30.3.2020
Software consulting firm Optimum has partnered with EEA founding member BlockApps to develop blockchain solutions for tracking energy usage
Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K
30.3.2020
Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future...
Mt. Gox Trustee Reveals Draft Rehabilitation Plan
25.3.2020
While claims denominated in fiat currency, BTC, or BCH will be processed as requested, other crypto assets will be liquidated for cash
Mt Gox Bitcoins: Trustee Plans to Distribute BTC and BCH, Liquidate Forks Into Cash
25.3.2020
On March 24, the Mt Gox creditors’ trustee from Tokyo, Nobuaki Kobayashi, disclosed a newly written rehabilitation plan for claimants looking to access some of the funds they lost in 2013. According to the new plan, Mt Gox claimants will get BTC and BCH assets alongside the possibility...
US Stimulus Plan Is Steadying Global Markets While Crypto Takes a Dip
25.3.2020
The $2 trillion stimulus deal in the U.S. wasn’t enough to keep many cryptocurrencies from taking a dip Wednesday
ASX’s Long-in-the-Works DLT Plan on Ice Amid Coronavirus Concerns
25.3.2020
With COVID-19 fast spreading in Australia, the stock exchange is pausing the project until June to reassess the situation
Mt. Gox Trustee May Sell Off Some Crypto Assets, Says Draft Repayment Plan
25.3.2020
The trustee of the now-defunct bitcoin exchange intends to liquidate cryptocurrencies other than bitcoin and bitcoin cash as part of a draft rehabilitation plan
Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’
24.3.2020
During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar”...
US Senate Floats ‘Digital Dollar’ Bill After House Scrubs Term From Coronavirus Relief Plan
24.3.2020
A draft bill posted Tuesday to the U.S. Senate Committee on Banking, Housing, and Urban Affairs defines a "digital dollar" and details how it might be maintained
The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts
23.3.2020
The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses...
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,...
‘Skyweaver’ Didn’t Plan for a Captive Audience of Millions but It Sure Helps
20.3.2020
Skyweaver is among a crop of blockchain-based games looking to prove the value of digital scarcity in the gaming industry
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...