Cryptocurrency: Zuckerberg, Dimon, Maduro…You Are Not Welcome Here!

Facebook is the latest in a raft of corporate or government entities creating their own cryptocurrencies. Within weeks of JPMorgan announcing its plans to launch the JPMorgan coin, sources leaked confirmation of the crypto landscape’s worst-kept secret–that the Zuckerberg blockchain team was working on a native cryptocurrency. The social network joins a dubious lineup of centrally controlled entities and despotic governments on the crypto bandwagon. It seems none of them noticed the “Not Welcome” sign on the door. FACEBOOK’S BLOCKCHAIN AMBITIONS WIDELY KNOWN Whether or not it was going to release its own coin, Facebook has been busy hiring engineers

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Dow to Open Gloomily as Global Economy Worsens; 3 Factors Can Reverse Trend

On Friday, the Dow Jones Industrial Average plummeted from 25,844 to 25,502 by 1.3 percent within a span of hours following the inversion of the Treasury yield curve for the first time since 2007. Charles Schwab & Co chief fixed-income strategist Kathy Jones told Bloomberg that the U.S. market has priced in the highly anticipated decision of the Federal Reserve to not raise its benchmark interest rate and has begun to be affected by the slowdown in the global economy. “It looks like the global slowdown worries have been confirmed and the market is beginning to price in Fed easing,

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Universal, Multi Token Wallet Announced by Midas Protocol – Integrates IDEX and Kyber Network

Like any currency, cryptos need a place to be stored by people. As the technical equivalent of fiat personal storage, these digital and hardware storages are aptly called e-wallets. With a large number of wallets for cryptocurrencies in the market, the selection process for users relies on the level of security, ease of access and use case. The Midas Wallet Apart from the security and ease of use, one of the biggest issues crypto wallets face is the support of multiple systems. With so many different blockchain ecosystems, wallets usually have limited support for different cryptocurrencies. Midas wallet is a

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CPI Technologies Facilitates Secure, Scalable Software Development Via Turnkey Blockchain Solutions

The world of blockchain-based financial software is becoming an increasingly competitive sector. New companies and more established operations alike are vying for attention, seeking to offer enhanced services and increase their user-base, with the obvious benefit of unlocking additional revenue with which to fund further development. This is where Germany-based decentralized software company CPI Technologies comes in, and an announcement regarding the launch of the project was made in Mainz, Germany this week. What is CPI Technologies? CPI Technologies styles itself as a ‘blockchain software development and marketing company’ which offers ‘blockchain ecosystem development for individuals and companies’. According to

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Ripple or XRP – If There Is a Difference, It Doesn’t Matter!

A group of us received an e-mail first thing this Sunday morning. A Ripple/XRP aficionado wanted to let us know we’re “very unprofessional” for interchangeably using the terms “Ripple” and “XRP.” The “XRP Army,” as it were, likely has its sights on CCN. We have no editorial policy regarding these terms in place. A writer is free to use whichever term makes their meaning clearer. Ripple fanatics believe that calling XRP “Ripple” is simply wrong. They want to be “crystal clear” – on what? Does anyone give a damn besides them? Why is a company 100% dedicated to the advancement

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United Offers Non-Binary Gender Identification When Booking Flights

United Airlines became just another business to come out in acceptance of non-binary gender identification. The Airline has announced that in addition to the current selections of M(male), F(female), and U(undisclosed), they will offer passengers an “Mx.’ option when booking flights. United’s Chief Customer Officer Toby Enqvist stated: United is determined to lead the industry in LGBT inclusivity, and we are proud to be the first U.S. airline to offer these inclusive booking options for our customers. Mr., Ms. Or…. What does non-binary mean? Gender Non-Binary Identification Becoming the Norm? According to the National Center on Transgender Equality, not all

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Coinbase-Backed Stablecoin Claims Rivals Deceptively Pump Market Caps

Touted as the next big thing in crypto, stablecoins promise investors volatility-proof exposure to decentralized assets, but insiders say that this emerging asset class is vulnerable to the same manipulative practices that have tarnished the broader ecosystem. According to Nevin Freeman, chief executive officer of Reserve, a Coinbase-backed stablecoin, many of his rivals artificially inflate their market caps and trading volumes, creating misleading data on crypto-tracking sites like CoinMarketCap and The Stablecoin Index. Freeman identified two dubious tactics used by stablecoin operators to pump their metrics: giving discounts to investors who agree to lock up their funds for a set

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Facecoin To Replace U.S. Dollar? Facebook Claims It’s “Helping People”

We’re all still thinking like regular crypto heads when it comes to what Facebook’s Mark Zuckerberg has up his sleeve with his stablecoin. The Zuck’s not thinking about just creating his own crypto. He wants to replace the U.S. dollar according to Ted Livingston, who’s developed the reputation of being ahead of the industry in making predictions. Livingston is the founder and CEO of messaging platform Kik. Facebook’s moves aren’t steeped in anything nefarious. Instead, they are in line with  Facebook’s usual claims – helping the world. This time, the vision is to help people who are working in foreign

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Russia Postpones Parliamentary Reading of Crypto Regulation Bill

The Russian Duma has pushed back its planned consideration of a bill to recognize and regulate digital financial assets. Initially scheduled for March 22, the reading will now hold at an unspecified date in April, following the outcome of a vote on the agenda for a plenary session last week. The draft bill is not without its controversies, as it has been specifically edited to remove the terms “cryptocurrency,” “smart contract,” and “token.” This is in line with Russia’s surprisingly cautious position on cryptocurrencies,which has seen authorities repeatedly drag their feet on the possibility of creating a regulatory framework for

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Is Google a Hypocrite for Developing China’s Artificial Intelligence?

Google will meet next week with America’s military brass to allay Washington’s concerns that it’s helping China’s artificial intelligence (AI) program while refusing to assist the Pentagon with tech initiatives. Chairman of Joint Chiefs of Staff General Joseph Dunford said on Thursday that the internet giant is “assisting the Chinese military in advancing technology,” and such an effort “is not in U.S. national interests.” He made the remarks at Atlantic Council event, an American think-tank. At last week’s Senate testimony, he said Google “indirectly benefits the Chinese military.” At the same congressional hearing, acting secretary of defense Patrick Shanahan voiced

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