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Is This A Liquidity Crisis Or A Solvency Crisis? It Matters To Fed (#GotBitcoin?)

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[caption id="attachment_17462" align="aligncenter" width="600"] ‘We Can’t Lend To Insolvent Companies,’ Fed Chairman Jerome Powell Said. ‘We Can’t Make Grants.’[/caption] If central bank is too concerned about getting its money back, it may shun weaker companies.  Is This A Liquidity Crisis Or A Solvency Crisis? It Matters To Fed (#GotBitcoin?) Is…

It’s Trump VS Coronavirus And The Economy Amid Plunging Poll Numbers (#GotBitcoin?)

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“It’s Donald J. Trump versus the coronavirus and the recovery,” said Scott Reed, the senior political strategist for the U.S. Chamber of Commerce. “Biden is a sideshow.” It’s Trump VS Coronavirus And The Economy Amid Plunging Poll Numbers (#GotBitcoin?) For some Republicans, the prospect of an election that is almost…

Blockfolio Quietly Patches Years-Old Security Hole That Exposed Source Code (#GotBitcoin?)

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A "white hat," or ethical, hacker found a gaping hole in Blockfolio, the popular mobile cryptocurrency portfolio tracking and management app. Blockfolio Quietly Patches Years-Old Security Hole That Exposed Source Code (#GotBitcoin?) The security vulnerability, which appeared in older versions of the application, could have allowed a bad actor to…

Bitcoin Won As Store of Value In Coronavirus Crisis — Hedge Fund CEO

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Performance since February currently circles 0.6% gains, providing proof that Bitcoin really can preserve wealth in a crisis, says Travis Kling. Bitcoin Won As Store of Value in Coronavirus Crisis — Hedge Fund CEO Bitcoin (BTC) has in fact functioned very well as a store of value before the coronavirus…

Decentralized VPN Gaining Steam At 100,000 Users Worldwide (#GotBitcoin)

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Tachyon, a blockchain-based ecosystem built with the help of proof-of-stake creator, Sunny King, already has 100,000 entities using its VPN. Decentralized VPN Gaining Steam At 100,000 Users Worldwide Blockchain-based ecosystem, Tachyon, has a decentralized virtual private network, or VPN, hosting 100,000 users as of April, according to V Systems chief…

Partisan Fight Looms Over Voting By Mail

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Democrats, Republicans in Congress sharply differ over expanding mail balloting in November to ease coronavirus fears at polls. Partisan Fight Looms Over Voting By Mail Six months out from Election Day, Republicans and Democrats in Congress are headed for a showdown over expanding voting by mail, with Americans set to…

When Currencies Fail: A Glimpse Into The Future of The U.S. Dollar (#GotBitcoin)

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A Primer On The Dollar Crisis In Lebanon. When Currencies Fail: A Glimpse Into The Future of The U.S. Dollar (#GotBitcoin) A massive shortage of dollars is instigating economic chaos, including a more than 50% loss of value in the Lebanese pound and what looks like an enormous local premium…

Crypto Exchange Offers Credit Lines so Institutions Can Trade Now, Pay Later (#GotBitcoin?)

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LGO Markets is taking an unusual step for a cryptocurrency exchange by letting clients trade without pre-funding accounts. Crypto Exchange Offers Credit Lines so Institutions Can Trade Now, Pay Later (#GotBitcoin?) The Hoboken, N.J.-based firm's clients, mostly crypto hedge funds and market makers, can now get an intraday credit line…

Zoom Develops A Cryptocurrency Paywall To Reward Creators Video Conferencing Sessions (#GotBitcoin?)

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Crypto Joins The Zoom Monetization Call, Blockchain Addresses Key Issues. Zoom Develops A Cryptocurrency Paywall To Reward Creators Video Conferencing Sessions (#GotBitcoin?) Zoom incorporates a cryptocurrency paywall solution while the use of blockchain technology for video conference is being debated. As staying home becomes the new normal, the popular video…

The Cantillon Effect (#GotBitcoin)

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Today I’m going to try and explain why the Fed and Congress, while attempting to throw money at everyone, disproportionately tends to aid certain narrow financial actors. The Cantillon Effect (#GotBitcoin) Three weeks ago, the government passed a giant multi-trillion dollar bailout. Supposedly, it was money for a host of…

Millions of Credit-Card Customers Can’t Pay Their Bills. Lenders Are Bracing For Impact (#GotBitcoin?)

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Credit-card debt kept many consumers afloat. Now that the debt bubble is bursting, lenders and borrowers alike are preparing for pain. Millions of Credit-Card Customers Can’t Pay Their Bills. Lenders Are Bracing For Impact (#GotBitcoin?) [caption id="attachment_17364" align="aligncenter" width="600"] Florida Couple Migdalia Wharton And Robert Rodriguez Are Struggling With Their…

A Cryptocurrency Technology Finds New Use Tackling Coronavirus (#GotBitcoin?)

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Blockchain could be an efficient way to source medical equipment or validate Covid-19 immunity, experts say. A Cryptocurrency Technology Finds New Use Tackling Coronavirus (#GotBitcoin?) Blockchain technology projects are being developed by companies such as International Business Machines Corp. and Ernst & Young LLC to help with various aspects of…