Month: February 2020

Retail traders are ditching Virgin Galactic as the space exploration stock collapses from its all-time highs. The retail crowd is flooding into biotech stocks on speculation that they may benefit from the Wuhan coronavirus outbreak. These “dumb money” investors are setting themselves for failure. Many will see their investments evaporate as institutional investors pull the
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New data may suggest a link between increased gaming and reduced underage drinking, drug use and sex. The data comes from the CDC via Twitter and Reddit. While the link is tenuous at best, it presents a positive outlook on the effects of gaming. It seems like every generation of video games has some sort
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Chinese cryptocurrency exchanges and other blockchain companies are coping with a new reality as the coronavirus outbreak continues to disrupt their daily operations.  While crypto trading, customer service and marketing remain largely intact, the outbreak has taken its toll on technical upgrades, product development, logistics and business travel, according to a dozen executives in China
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The Takeaway: Yemen, home to what the United Nations calls the world’s biggest humanitarian crisis, is in a state of civil war. Half of the country is controlled by the Iran-backed Houthi militant group, which has developed its own cryptocurrency. People from Yemen are often wary of being associated with cryptocurrency, in part because of
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Decentralized derivatives exchange Digitex has fallen victim to a significant data breach believed to have exposed the email addresses and possibly other information of more than 8,000 users. A former employee stole private information for more than 8,000 users, Christina Comben, who heads Digitex’s communications, said Friday. Comben told CoinDesk the exchange was “aware of
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Cryptocurrency traders are contending with volatile markets due to coronavirus. Since Feb. 25, the number of new COVID-19 cases reported in the rest of the world has surpassed new cases in China, according to the World Health Organization.  Fear the virus’ spread will lead to a pandemic that could slow the global economy is dragging down
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Immigration and Customs Enforcement’s (ICE) recently disclosed “Cryptocurrency Intelligence Program” (CIP) is deployed in every crypto-facing Homeland Security Investigations (HSI) case, says the agent whose unit built the tool. In an email statement, Al Giangregorio – unit chief at the HSI’s National Bulk Cash Smuggling Center (BCSC) – shed a little light on the mysterious
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The U.S. House of Representatives Committee on Small Business is set to discuss the benefits blockchain technology can bring to entrepreneurs. Slated for March 4 at 16:30 UTC, the “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses” hearing will explore the ways in which some startups are utilizing blockchain technology to
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Bitcoin (BTC) has spent much of the last week in freefall, sinking to a low of $8,520, just as the Coronavirus outbreak prompts widespread panic in the financial world due to its potentially cataclysmic impact on the global economy. This negative correlation between a global crisis and the value of the world’s largest cryptocurrency is
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