Millennials are using their age to their advantage with bullish bets on the stock market. Wall Street’s billionaires are more cautious about the strength of the FOMO rally. Much of what happens next depends on whether the stimulus funds keep flowing. The stock market’s epic rally over the past two months has created a debate […]
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Beijing is using the global pandemic to keep U.S. airlines from operating inbound flights. The U.S. has threatened to retaliate by restricting Chinese carriers. What happens with airlines this week will be telling for how the two nations will proceed in the months ahead. Tensions between the US and China has been threatening to boil […]
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Using estimates of the economic damage caused by SARS and current rates of coronavirus infection, COVID-19 could cost trillions. Official figures show coronavirus is about 33% as deadly as the 2002-2003 SARS epidemic. So far it’s infected 6,800% more people. Chinese authorities downplayed the epidemic’s impact on the economy in recent days but President Xi […]
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Paystand, a platform using blockchain technology to automate commercial payments, has raised $20 million in Series B funding. Backing the round are a number of VC firms including DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures and Wildcat Ventures. Existing investors Leap Global Partners and BlueRun Ventures also took part. Paystand aims to makes complex […]
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Telegram told investors it was using Wall Street megabanks BNY Mellon and Credit Suisse to move and store fiat currency raised in last year’s blockchain token sale, court filings show. On Monday, the Securities and Exchange Commission (SEC) filed a proposed order with the U.S. District Court for the Southern District of New York to […]
Continue ReadingNestle and Carrefour are using IBM’s Food Trust blockchain platform to track organic baby milk products “from dairy to shelf.”
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Using the internet and sending email in the 1990’s was complicated. It’s easier to send bitcoin even though we’re still in early stages of development. | Credit: (i) Reuters; (ii) AFP; Edited by CCN Critics of the No. 1 cryptocurrency always harp about the degree of difficulty in using bitcoin. For instance, user imteaz of […]
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Terror groups are increasingly using Telegram to raise cryptocurrency, a think tank has claimed. | Source: Shutterstock The privacy-focused instant messaging app Telegram – that is launching its blockchain in October – is reportedly used by terrorist groups to raise funds in crypto for their cause, a recent study shows. Supporting terrorists by donating car […]
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Travel and transport using crypto are becoming increasingly accessible options as blockchain finds its way into more industries. For bitcoin specifically, traveling on the world’s first cryptocurrency is a way to push the currency to its limits across borders. For some, traveling on bitcoin is a proof of concept: a way to experience the boundaries […]
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The fashion industry is still using very old business paradigms. Labels and tags are rarely standardized, supply chains are long and complex, and establishing intellectual property rights is very challenging. Some people have suggested that applying blockchain technology could help remedy many existing problems in the industry. We’re going to look at several current issues, as […]
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