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California Passes Rent-Control Law Amid Homelessness Crisis
Critics say state needs more-aggressive action to ease high housing prices. California Passes Rent-Control Law Amid Homelessness Crisis California will cap rent increases under a new law Gov. Gavin Newsom said he would sign Tuesday, the most significant piece of housing-related legislation in a year that also saw the shelving…
Blockstream’s Samson Mow: Bitcoin’s Block Size Already ‘Too Big’
The chief strategy officer at Bitcoin (BTC) technology firm Blockstream has said that the current block size capacity may not even be needed in the future. Blockstream’s Samson Mow: Bitcoin’s Block Size May Already Be ‘Too Big’ (#GotBitcoin?) Speaking in an interview with industry news outlet Decrypt on Oct. 6,…
Tiny $217 Options Trade On Bitcoin Blockchain Could Be Wall Street’s Death Knell (#GotBitcoin?)
The cryptocurrency industry isn’t replacing Wall Street just yet. But inventors and entrepreneurs are working on it, with some initial success, albeit modest. Tiny $217 Options Trade on Bitcoin Blockchain Could Be Wall Street’s Death Knell (#GotBitcoin?) In this case, an option premium of 0.0202 bitcoin ($217 at the time)…
Class Action Accuses Tether And Bitfinex of Market Manipulation (#GotBitcoin?)
A New York-based legal firm has filed a lawsuit against Tether and Bitfinex, accusing them of cryptocurrency market manipulation. Class Action Accuses Tether And Bitfinex of Market Manipulation (#GotBitcoin?) “Largest Bubble In History” Roche Freedman filed a class-action suit claiming that stablecoin firm Tether and its affiliate crypto exchange Bitfinex…
Sharia Goldbugs: How ISIS Created A Currency For World Domination (#GotBitcoin?)
As Islamic State (ISIS) sought to dominate large parts of Syria and Iraq, it used a subtle weapon to go with the car bombs and suicide attacks: money. Sharia Goldbugs: How ISIS Created A Currency For World Domination (#GotBitcoin?) The self-declared caliphate aimed to unify the world under a militant…
Bitcoin Eyes Demand As Hong Kong Protestors Announce Bank Run (#GotBitcoin?)
Bitcoin Is Hoping To Become A Hot Property In Hong Kong.Bitcoin Eyes Demand As Hong Kong Protestors Announce Bank Run (#GotBitcoin?) The region’s political crisis has swept over its banking sector, which is now seeing protestors withdrawing large bundles of cash out of ATMs. The move is the latest tactic…
Global Investment In Wind And Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants. Global Investment In Wind And Solar Energy Is Outshining Fossil Fuels Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants,…
Trump Taxes: President Ordered To Turn Over Returns To Manhattan D.A.
A judge rejected the president’s argument that he was immune from criminal investigations. Trump Taxes: President Ordered To Turn Over Returns To Manhattan D.A. A federal judge on Monday rejected a bold argument from President Trump that sitting presidents are immune from criminal investigations, a ruling that allowed the…
How To Securely Transfer Crypto To Your Heirs
Not everyone thinks about what happens after their death. But, even if we don’t like the thought of leaving this world, we should still make sure that our loved ones, our family and friends, will inherit our assets. It’s pretty easy to include and transfer real estate, stocks, and bonds…
Top U.S. Sanctions Chief Fed-up With Trump Departs
Sigal Mandelker is Treasury’s undersecretary for terrorism and financial intelligence. Top U.S. Sanctions Chief Fed-up With Trump’s Micro-Management Departs The Trump administration’s top sanctions chief—responsible for wielding the financial firepower of the world’s most powerful economy as the White House’s primary foreign policy tool—is leaving for the private sector, top…
US Lawmakers Ask Federal Reserve About National Digital Currency
Members of the United States House of Representatives Financial Services Committee asked the Federal Reserve whether there are any plans of launching a U.S. dollar digital currency. US Lawmakers Ask Federal Reserve About National Digital Currency Fed Has The Mandate To Develop A National Digital Currency In a Sept. 30…
‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)
Florida regulators are investigating Karatbars, a German company that’s been promoting a token tied to a Miami “crypto bank” without any banking license in the state. ‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?) The Takeaway Karatbars previously issued a cryptocurrency purportedly backed by gold, but CoinDesk has…