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  • Kremlin Critic Bankrolls Putin Challenge with $3 Million Bitcoin Haul
    by P. H. Madore on April 24, 2019 at 4:38 pm

    By CCN: Alexei Navalny, who attempted to run for president against Vladimir Putin and continues to be a viable Putin opponent, has raised over $3 million since he began taking Bitcoin donations in 2016. Just yesterday he received close to $10,000. The cryptocurrency funds leave the wallet soon after they enter it, presumably converted to fiat. Bitcoin Keeps Pouring in After Failed Presidential Bid Navalny was disbarred from last year’s election due to a suspended sentence for embezzlement – the irony of which cannot be overstated. Navalny runs on an anti-corruption platform but cannot run for president because he has a The post Kremlin Critic Bankrolls Putin Challenge with $3 Million Bitcoin Haul appeared first on CCN […]

  • Tesla Watchdog Bashes Elon Musk for Treating Us Like ‘Guinea Pigs’
    by Lawrence Meyers on April 24, 2019 at 3:49 pm

    By CCN: Consumer Reports delivered a sharp rebuke to Tesla, saying its auto-pilot technology might not be as safe as the company claims. With Tesla reporting earnings later today, and the stock nearly at a 52-week low, the last thing Elon Musk needed was more criticism. He got it in the form of a Consumer Reports statement inferring that Tesla’s auto-pilot technology is not safe. Consumer Reports Delivers Alarming Rebuke to Elon Musk Specifically, the Vice President of Advocacy for Consumer Reports, David Friedman, said: “We’ve heard promises of self-driving vehicles being just around the corner from Tesla before. Claims The post Tesla Watchdog Bashes Elon Musk for Treating Us Like ‘Guinea Pigs’ appeared first on CCN […]

  • Boeing Disaster: Revenue Plunges 18% – Will Dow Crash Next?
    by Joseph Young on April 24, 2019 at 3:04 pm

    By CCN: Boeing, the largest aircraft manufacturer in the world alongside its rival Airbus, has recorded an 18 percent year-over-year (YoY) drop in quarterly operational earnings. While strategists see a fine future ahead for Boeing in the long run, some fear it could hinder the momentum of the Dow Jones. The global aircraft manufacturing industry is largely dominated by Boeing and Airbus. Hence, over the next decade, Boeing is expected to recover gradually from the company’s recent struggles. But, some researchers like Goldman Sachs analyst Noah Poponak said that in the medium-term, at least in the next few years, the The post Boeing Disaster: Revenue Plunges 18% – Will Dow Crash Next? appeared first on CCN […]

  • Cryptocurrency Slays Cash and Cards as Lunch Money in IMF Twitter Poll
    by Ben Brown on April 24, 2019 at 2:53 pm

    56% of people think we’ll be using cryptocurrency to pay for lunch in five years, according to a Twitter poll by the International Monetary Fund (IMF). While Twitter polls aren’t exactly scientific, they’re a fair gauge of public opinion, especially when conducted by a reputable institutional like the IMF. With 37,660 votes, there’s a clear demand for a future built on mainstream crypto payments. We would like to hear from you. ⬇ How do you think you will be paying for lunch in 5 years? #IMFmeetings #DigitalPayments — IMF (@IMFNews) April 10, 2019 It comes as the IMF adopts an The post Cryptocurrency Slays Cash and Cards as Lunch Money in IMF Twitter Poll appeared first on CCN […]

  • Dow Cringes as Hillary Clinton Exposes ‘Roadmap’ to Impeach Trump
    by Josiah Wilmoth on April 24, 2019 at 1:43 pm

    By CCN: The Dow stumbled on Wednesday, as the stock market bellwether failed to join its peers in record territory after Hillary Clinton exposed a “roadmap” that she believes Democrats can utilize to impeach President Trump. Dow Flinches After S&P 500 and Nasdaq Pound to Record Highs Dow Jones Industrial Average futures had traded up for most of the pre-market session, but the index slumped at the bell. By 11:22 am ET, the DJIA had recovered to post a paltry gain of 1.94 points or 0.01 percent and trade at 26,658.33. The S&P 500 and Nasdaq performed moderately better, rising The post Dow Cringes as Hillary Clinton Exposes ‘Roadmap’ to Impeach Trump appeared first on CCN […]

  • Japan Regulator Surprises Crypto Exchanges with Sudden On-Site Inspections
    by David Hundeyin on April 24, 2019 at 1:29 pm

    By CCN.com: Japan’s Financial Services Agency (FSA) has reportedly carried out unscheduled onsite inspections at cryptocurrency exchanges Huobi Japan and Fisco Digital Asset Group(FDAG). According to Reuters, the inspection is taking place so that the regulatory body can find out if the exchanges have been taking adequate steps to protect their customers, as well as to check for legal compliance. The report state that the FSA believes that both exchanges currently are not taking the required actions to adequately protect customers and abide by the regulator’s AML requirements. The inspection could potentially lead to a suspension of their operating licenses The post Japan Regulator Surprises Crypto Exchanges with Sudden On-Site Inspections appeared first on CCN […]

  • Bitcoin’s Mysterious Creators Were a Team of Indians, Because ‘John F**king McAfee’
    by Ben Brown on April 24, 2019 at 1:02 pm

    Outspoken entrepreneur and 2020 presidential candidate John McAfee claims he knows the true identity of bitcoin founder (or founders) Satoshi Nakamoto. In an interview with Bloomberg, McAfee said uncovering bitcoin’s creators was a “piece of cake.” “My entire life I’ve been tracking people who are the best in the world, and hiding their identity. Finding Satoshi was a piece of cake for me.” Bitcoin’s creators: A team of Indians? McAfee told Bloomberg he would unmask Satoshi “within weeks,” but he later changed his mind. Citing a letter from his lawyer, McAfee claims that revealing bitcoin’s true creator would harm his The post Bitcoin’s Mysterious Creators Were a Team of Indians, Because ‘John F**king McAfee’ appeared first on CCN […]

  • $112 Million: French Banking Giant Societe Generale Issues Massive Euro Bond on Ethereum
    by Mark Emem on April 24, 2019 at 12:14 pm

    By CCN.com: The blockchain bug seems to have bitten French banking giant Societe Generale to a point of no return. A little over a year ago, the third largest bank in France by assets unveiled a blockchain-based trade finance platform for all its corporate clients, the we.trade platform. Now Societe Generale has found another use case for blockchain technology – bond issuance. In a statement, the giant lender has revealed that its covered bond unit, Societe General SFH, has issued its first covered bond on the Ethereum blockchain worth over $110 million. The security tokens have been awarded a triple The post $112 Million: French Banking Giant Societe Generale Issues Massive Euro Bond on Ethereum appeared first on CCN […]