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2 American Banks Have Failed Since Coronavirus Started Spreading in the US


Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases....

Oil Price Down After OPEC Deal Failure, Crypto Markets Severely Hit


Global oil prices plunged more than 26% on Sunday after the OPEC failed to strike a price deal with its allies. Saudi Arabia, the largest producer of crude oil in the world, slashed the oil prices along with planning to increase oil production further to be ready for a possible price war....

Zengo Is a Keyless Yet Noncustodial Bitcoin Wallet


Zengo is a non-custodial mobile wallet that dispenses with private keys in favor of threshold signatures to create two ‘mathematical secret shares’ – one stored on your mobile device, the other on their servers. In other words, there’s no single point of failure and no risk...

More Than 77 Crypto Projects Claim to Be Backed by Physical Gold


The last few years have seen the creation of blockchain projects that claim to have tokens backed by physical gold. In October, Coinshares and Blockchain.com launched a digital gold token (DGLD) backed by physical gold that uses BTC’s security. Tether just announced a new token called tether...

Libra Termed as a Failure by the Swiss Dignitary


Facebook’s highly anticipated stablecoin project, Libra, has now attracted another controversy with the shocking statement given by the Swiss President and Finance Minister, Ueli Maurer. The statement given by the dignitary read that the Libra project has “failed in its current form,” as...

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