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Is China’s New Fascination With Blockchain Really Good for Bitcoin?


Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging...

Cash Runs Dry at ATMs as Protests Escalate in Chile


There’s a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems. Local reports detail a few banking establishments have been burned after customers started having issues withdrawing cash from ATMs....

Mistakes Crypto Owners and Traders Should Avoid


There are many pitfalls one can easily get caught in when using, storing, investing or trading cryptocurrencies. While some mistakes could cost you a fortune, most of the common ones can easily be avoided. Bitcoin.com has produced a video featuring the top seven deadly mistakes crypto owners should...

Bank of Lithuania Issues Guidelines on Security Token Offerings


Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European...

Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland


Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read:...

Bidirectional Horizontal Rules in CSS


Say you have a <blockquote> and the design calls for a thick border along the left side. Well, you might not necessarily mean left side, but actually mean on the side of the start of the text. That's exactly what CSS logical properties are meant to address, and Hussein Al Hammad has a nice...

McKinsey: Majority of Banks May Not Be Economically Viable


Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....

State Bank of India Chief Argues Crypto Regulation Is a Must


The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...

The Demand for Permissionless Freedom Is Just Getting Started


Every year the world seems to be getting crazier and more people are starting to realize that it stems from oppressive government transgressions against a peaceful society. The world has noticed millions of people from France, Hong Kong, Venezuela, Indonesia and more are rising up because citizens...

ImageKit.io: Image Optimization That Plugs Into Your Infrastructure


Images are the most efficient means to showcase a product or service on a website. They make up for most of the visual content on our website. But, the more images a webpage has, the more bandwidth it consumes, affecting the page load speed - a raging factor having a significant impact on not just...

Lightning Network User Confused By Protocol: Lost 30,000 USD


The Lightning Network has long been touted by its proponents as a speedy, low-cost solution to Bitcoin’s scaling issues. A series of security scares and UX issues have called that vision into question however. The latest LN slip-up saw a user lose 4 BTC in one fell swoop. Also read: Hidden...

Germany’s Financial Crisis Invokes 5-Year Rent Freeze


All eyes are on the German economy which was once perceived as stable and strong. However, the financial state of affairs has been tumultuous and Berlin’s state cabinet recently agreed to a five-year rent freeze to help curb the rising housing costs in the country. Moreover, Bundesbank just...

Belarusian Bank Gets the Go-Ahead to Service Crypto Investors


A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic...

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...

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