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The Politics of Destruction
6.12.2019
For some time now, I have been aware of a widespread fascination among many libertarians with Jim Bell’s “Assassination Politics” (AP). At my request, Robert Vroman has defended the merits of AP. In this article, I will argue that AP is just about the single worst idea that...
Auto Layout lands in Figma
5.12.2019
Here’s a fresh update to my favorite design tool that is thoroughly exciting: Auto layout! That means we can make frames that resize based on the size of the content within it. That's particularly useful for buttons in a design system where you want to drop a button on the page and then keep...
ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy
5.12.2019
European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in the euro.” Schnabel...
Crypto-Focused Lender Blockfi Launches Trading Platform
5.12.2019
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes...
The Rising Complexity of JAMstack Sites and How to Manage Them
5.12.2019
When you add anything with user-generated content or dynamic data to a static site, the complexity of the build process can become comparable to launching a monolithic CMS. How can we add rich content to static sites without stitching together multiple third-party services?
For people in...
RBI Governor Discusses Crypto and Central Bank Digital Currency
5.12.2019
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. Also...
Crypto Startups to Get up to $75,000 From the Government of Ukraine
5.12.2019
Ukrainian crypto companies can now receive up to $75,000 each in the form of government sponsored grants. A special fund set up by the authorities in Kiev is already accepting applications from startups in various high tech sectors including the blockchain industry. Over $1.5 million will...
Circle Warns Poloniex US Customer Assets May Be Sent to the Government
5.12.2019
As part of its release of the cryptocurrency exchange Poloniex, Circle may begin charging fees to Poloniex US customers. And the company warns that any unclaimed digital assets, those in dormant accounts, may be sent to state governments, consistent with relevant regulations for abandoned property....
Cryptocurrency Exchanges Are Fighting to Escape Binance’s Shadow
5.12.2019
It’s impossible to assess the cryptocurrency landscape without considering Binance. It looms large over the industry, dictating trends, soaking up liquidity, and compelling new exchanges to fight tooth and nail for market share. Most exchanges aren’t gunning to become the next Binance....
Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles
5.12.2019
The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going...
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
4.12.2019
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame...
The Many Facts Pointing to Shinichi Being Satoshi
4.12.2019
A lesser known, yet uniquely compelling candidate for the real Satoshi Nakamoto is Japanese mathematician and number theorist Shinichi Mochizuki. With a long history of mathematical innovation, and purportedly proving conjectures thought to be near impossible to verify, he seems to almost come from...
ILCoin Launches With 5GB Blocks
4.12.2019
ILCoin Blockchain Project set a new record for stable block size - when it successfully released a 5Gb block. This achievement became possible after the project introduced RIFT protocol, which allows to increase the block size and keep high transaction speed. With these qualities, RIFT effectively...
$4 Billion US Fintech Startup Sofi Receives New York Bitlicense
4.12.2019
Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...
Banks Are Cutting 75,700 Jobs Worldwide
4.12.2019
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...
European Banks Struggle With Low Interest Rates and Strict Regulations
4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....
Japan Now Has 21 Approved Crypto Exchanges
4.12.2019
Japan’s top financial regulator has approved the remaining crypto exchange that was in business prior to the regulation of the crypto industry. Exchanges in this category were allowed to continue operations while their registration applications were being reviewed. The regulator has so...
New List Claims 1.9 Million Bitcoin Held by Centralized Exchanges
3.12.2019
Cryptocurrency enthusiasts have been discussing a newly developed exchange ranking developed by the crypto portfolio and trading bot startup Bituniverse. According to a leaked screenshot of Bituniverse’s “Exchange Transparent Balance Rank,” there’s roughly 1.9 million...
Wisdomtree’s Physically Backed Bitcoin ETP Goes Live on SIX Stock Exchange
3.12.2019
New York-based ETF provider Wisdomtree has launched a physically backed bitcoin exchange-traded product (ETP) on Switzerland’s SIX stock exchange. According to Wisdomtree, the new product is not cash-settled like most ETPs traded on the SIX exchange as the BTCW investment product will...
The Darknet Just Had One of Its Wildest Months Yet
3.12.2019
Darknet marketplaces exist on a constant knife edge, never more than an exit scam, LE bust, or DDoS away from going down. Even by their usual frenetic standards, though, November was quite a month for DNMs, with high drama and intrigue aplenty. Despite a number of marketplaces disappearing off...