Nintendo Switch lounges will be opening at select U.S. airports. The lounges will feature games such as The Legend of Zelda: Breath of the Wild and Super Mario Odyssey. What’s the point of playing games at these lounges? Nintendo Switch is going to start showing up in airports. The gaming company is introducing “On The […]
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ALBANY, N.Y. — The New York State Senate will be considering two bills that would bolster the use and development of blockchain tech in the Empire State. The first bill, S4142, would recognize blockchain-based records and contracts as electronic signatures under state law, giving them legal clout. The second, S6037A, would add “distributed ledger technology” […]
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Tesla will dilute shareholders by issuing $2 billion worth of additional stock. Elon Musk told investors that a capital raise “doesn’t make sense” just two weeks ago. While the stock dipped in pre-market trading, shares have recovered most of the losses. Tesla (NASDAQ:TSLA) has decided to dilute its investors by raising $2 billion worth of […]
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The growing U.S. workforce and retirement of the boomers will force the Fed to double its balance sheet. The expansion of the Fed’s balance sheet will lead to low or even negative yields. These conditions will drive investors to seek assets that are scarce and bitcoin is the number one candidate. By now, it’s no […]
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Ether will face more volatility than bitcoin over the next six months, according to how options have been priced in recent weeks. The spread between the six-month, at-the-money implied volatility for ether (ETH) and bitcoin (BTC) has increased to a six-month high of 22 percentage points, notes crypto-derivatives analytics firm Skew. The recent spike in […]
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Vermont regulators will track hemp production on the ethereum mainnet in partnership with cannabis supply chain blockchain startup Trace. The five-year deal, announced Monday by Vermont’s Agency of Agriculture, Food and Markets (VAAFM), is a production-ready solution for every level of the hemp trade, said Trace CEO Josh Decatur. Beginning in March, farmers and processors […]
Continue ReadingCoinDesk will be on location at ETHDenver this Thursday.
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Will a newly proposed “safe harbor” transform the U.S. regulatory landscape for token projects? CoinList co-founder Andy Bromberg discusses. Last week, SEC Commissioner Hester Peirce proposed Rule 195 to give token projects a three-year safe harbor. This proposed period would allow them to distribute tokens without fear of violating securities law so long as they […]
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Boeing’s CEO, David Calhoun, will enjoy a massive payday when the Boeing 737 MAX returns to service. His compensation package includes bonuses that will activate when the plane is ungrounded. Is Boeing incentivizing Mr. Calhoun to rush the 737 MAX back into service and put profits over safety? Despite criticism from U.S lawmakers, Boeing CEO […]
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Retail investors will soon have access to crypto trading options that were traditionally only available to institutional clients. Andy Cheung, former chief operating officer at OKEx, plans to launch a crypto derivative exchange called ACDX by the end of Q2 2020. The Seychelles-based exchange aims to offer futures, options, callable bull/bear contracts, warrant contracts and […]
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