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Bitcoin Is a Way to Repair Economic Injustice: Author Isaiah Jackson
by Daniel Kuhn on June 4, 2020 at 10:30 pm
There are no easy technological solutions to racial tensions, police brutality or economic insecurity. Still, bitcoin could help black Americans, says author Isaiah Jackson.
EU’s Europol: Bitcoin Privacy Wallet ‘Not Looking Good’ For Law Enforcement
by Alyssa Hertig on June 4, 2020 at 9:45 pm
Europol, the European Union's law enforcement agency, has its eyes on the popular bitcoin privacy tool Wasabi Wallet, documents verified by CoinDesk show.
Lawsuit Accuses Xapo, Indodax of Negligently Holding Stolen Bitcoin
by Danny Nelson on June 4, 2020 at 9:28 pm
A crypto trader is trying to seize nearly 500 bitcoin from exchanges Xapo and Indodax through a new lawsuit that accuses the two crypto exchanges of harboring his stolen funds.
US Bank Regulator OCC Asks for Public Input on Cryptocurrency Use in Financial Sector
by Nikhilesh De on June 4, 2020 at 8:56 pm
A federal banking regulator is seeking public input on how cryptocurrencies interact with the national banking system and financial institutions.
Market Wrap: Bitcoin Closing in on $9,900 as Crypto Market Volatility Persists
by Daniel Cawrey on June 4, 2020 at 8:33 pm
Crypto derivatives volume had a record month in May - and volatility contributes to fueling that growth.
MakerDAO Weighs Accepting Real-World Assets as Crypto Loan Collateral
by Ian Allison on June 4, 2020 at 7:30 pm
Decentralized finance (DeFi) may soon boast a real-world use case as MakerDao considers accepting freight invoices as collateral for DAI loans.
Crypto Derivative Volumes Hit Record $602B in May: Report
by Paddy Baker on June 4, 2020 at 7:00 pm
A flurry of activity around the bitcoin halving led to crypto derivatives volumes in May gaining key market share against spot volumes.
The Mirage of the Money Printer: Why the Fed Is More PR Than Policy, Feat. Jeffrey P. Snider
by Nathaniel Whittemore on June 4, 2020 at 7:00 pm
The meme is “money printer go brrr,” but according to this macro expert, central banks have almost no power to actually influence money itself.
CCN.com News & Opinions for the Millennials
Dow Futures Stumble Ahead of Ominous Nonfarm Payrolls Report
by Sam Bourgi on June 5, 2020 at 12:04 am
Nonfarm payrolls - the most closely-monitored data release of the month - is coming our way Friday morning. Dow Futures Stumble Ahead of Ominous Nonfarm Payrolls Report by CCN.com
Rockstar Games Shuts Down GTA Servers to Honor George Floyd – And Players Aren’t Happy
by Jasmine Henry on June 4, 2020 at 11:31 pm
Rockstar Games has made a bold gesture in its support of Black Lives Matter. But some gamers aren't happy about the methods used. Rockstar Games Shuts Down GTA Servers to Honor George Floyd – And Players Aren’t Happy by CCN.com
After Resident Evil 3, Does PlayStation 5 Even Need a Resident Evil 4 Remake?
by Max Moeller on June 4, 2020 at 11:17 pm
With the lackluster reception to the remake of Resident Evil 3, it's fair to be worried about an upscaling of Resident Evil 4. After Resident Evil 3, Does PlayStation 5 Even Need a Resident Evil 4 Remake? by CCN.com
The Stock Market May Have Just Found Its Rocket Fuel
by Stephanie Bedard-Chateauneuf on June 4, 2020 at 10:15 pm
Encouraging jobs numbers are pushing the U.S. stock market higher, as investors are looking at every sign the economy is improving. The Stock Market May Have Just Found Its Rocket Fuel by CCN.com
PS5 Patent ‘Leak’ Teases Glimpse of Sony’s Plans for Mysterious Showcase
by Thomas Bardwell on June 4, 2020 at 9:00 pm
The timing of a freshly-published PS5 devkit patent may offer a glimpse of what Sony has in store for its postponed showcase. PS5 Patent ‘Leak’ Teases Glimpse of Sony’s Plans for Mysterious Showcase by CCN.com
Dow Stumbles as Wall Street Debates the Case for Negative Rates
by Francois Aure on June 4, 2020 at 7:36 pm
The Dow Jones lost momentum after another miss in jobless claims data, as Wall Street speculated about the Fed's appetite for negative rates. Dow Stumbles as Wall Street Debates the Case for Negative Rates by CCN.com
This Insane Stock Market Doesn’t Care About a US-China Trade War
by Joseph Young on June 4, 2020 at 7:03 pm
The U.S. will impose new restrictions on Chinese media and plans to halt inbound Chinese airlines - but that isn't fazing this stock market. This Insane Stock Market Doesn’t Care About a US-China Trade War by CCN.com
Economists Rush to Declare End to the Recession – Here’s Why They’re Wrong
by Andrew Packer on June 4, 2020 at 6:59 pm
As lockdowns are ending, the consensus is that the job market will quickly recover and the recession is over. Unfortunately, it's too early to cheer. Economists Rush to Declare End to the Recession – Here’s Why They’re Wrong by CCN.com