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More than 30 people in city of Daegu were confirmed with coronavirus in the past 2 days. The mayor considers the virus to be a level 4 contagious disease, the highest level possible. Local officials are preparing for worse to come. Over 30 confirmed cases of coronavirus have emerged
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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,
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Blockchain technology is an important tool in addressing the data protection crisis, Cambridge Analytica whistleblower Brittany Kaiser believes.Kaiser, a former business development director at controversial British data analytics firm Cambridge Analytica, has discussed global data privacy issues in an interview with CryptoX on Jan. 23.Currently serving as co-founder at
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This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Tor Bair is the Head of Growth for Enigma, an open-source, decentralized protocol for secure computation that allows smart contracts to use private, encrypted
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Harvard University’s Kennedy School carried out a live simulation of a White House National Security Council meeting on Nov. 19, featuring former senior administration officials and thought leaders. The “Digital Currency Wars” event examined a potential future scenario, following a North Korean missile test, potentially enabled by China’s proposed
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The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo. Source
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A central bank’s role is to manage a nation’s currency, money supply and interest rates. The United States did not have a central bank until 1913, when Woodrow Wilson signed the Federal Reserve Act into law. Since then, the Federal Reserve has been accountable for the elasticity of the
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Cryptocurrencies have become one of the favorite ways to get away from legal authorities for individuals dealing with selling controlled substances such as opioids. The opioid crisis has become a serious issue as it kills 130 people every day in the U.S. due to overconsumption of opioids in the form
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Lebanon is far from a poster child for cryptocurrency adoption. News of Lebanese banks shuttering to prevent a bank run was met with predictable enthusiasm from the global bitcoin commentariat. People in Lebanon can no longer send foreign currencies,
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The vast cash hoard of Warren Buffett’s company, Berkshire Hathaway Inc., has been vaster only once before – just before the worst financial crisis since the Great Depression.Warren Buffett’s big pile of cash could act as a warning to other investors that stock market is becoming overvalued and that its
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