Markets News

In Trump’s labor market, plenty of jobs, not enough wage growth

6 months ago admin2 Comments Off on In Trump’s labor market, plenty of jobs, not enough wage growth
The US economy seems back on track after a brutal set of hurricanes—employers added 261,000 jobs in October and the unemployment rate edged down to 4.1%. While markets had expected a whopping 310,000 new jobs to replace the ones temporarily lost because of the hurricanes, the news is still good: Unemployment is now at its Read More

@RealDonaldTrump went silent for 11 minutes

6 months ago admin2 Comments Off on @RealDonaldTrump went silent for 11 minutes
A rogue Twitter employee deactivated US president Donald Trump’s account on Nov. 2. It was down for 11 minutes. Published 11 mins ago  |  Photo by AP Photo/J. David Ake 11 mins The employee worked in customer support and shut down the account on his last day of work. 11 mins Through our investigation we have Read More

Republican’s tax reform bill is dimming the dream of electric cars for everyone

6 months ago admin2 Comments Off on Republican’s tax reform bill is dimming the dream of electric cars for everyone
The proposed GOP tax bill is out. And so, it appears, are tax credits that have buoyed the nascent electric vehicle market. Although less than 1% of the 17.5 million cars sold in the US each year are fully electric, that’s changing fast. Volkswagen, Volvo, and GM have announced they will go all-electric the coming Read More

Vitalik Buterin: 90% of ICOs Will Fail

6 months ago admin2 Comments Off on Vitalik Buterin: 90% of ICOs Will Fail
At the ETHWaterloo hackathon held in Canada and judged by representatives from companies including Coinbase, Consensys, Slock.It and Augur, Ethereum co-founder Vitalik Buterin stated that 90 percent of initial coin offering (ICO) projects or ERC20 tokens launched on top of the Ethereum protocol will likely fail in the long-term. Buterin stated: “It is an established fact Read More

Hackers Stole Over $15,000 With a MyEtherWallet Phishing Scam

6 months ago admin2 Comments Off on Hackers Stole Over $15,000 With a MyEtherWallet Phishing Scam
Last week, criminals launched a phishing scam against MyEtherWallet owners, reportedly earning over $15,000 over the course of a few hours. On the 24th, security researcher, Wesley Neelen revealed that he was one of the recipients of the phishing email, claiming that the wallet provider was implementing a hard fork update, urging the victims to Read More

Energi Mine Launches Blockchain-Based Platform to Reward Energy Conservation

6 months ago admin2 Comments Off on Energi Mine Launches Blockchain-Based Platform to Reward Energy Conservation
U.K.-based Energi Mine has today launched its blockchain-based platform that aims to decentralise the near $2 trillion global energy market by incentivising energy conservation. Former energy spokesman for the Liberal Democrats for the House of Lords, Lord Rupert Redesdale has also been appointed as an advisor to Energi Mine. According to an Advanced Energy Now Read More

Lala World Raises US$2M Series A To Bring Blockchain To The Unbanked

6 months ago admin2 Comments Off on Lala World Raises US$2M Series A To Bring Blockchain To The Unbanked
Lala World, a blockchain startup headquartered in Singapore, has raised US$2 million in a Series A funding round to bring cheaper and more efficient financial services to the unbanked. No details about the investors that participated in the round were revealed. Lala World uses blockchain technology to provide the unbanked and underserved communities with access Read More

The UN is using ethereum’s technology to fund food for thousands of refugees

6 months ago admin2 Comments Off on The UN is using ethereum’s technology to fund food for thousands of refugees
Cancún, Mexico The United Nations agency in charge of food aid—often billed as the largest aid organization in the world—is betting that an ethereum-based blockchain technology could be the key to delivering aid efficiently to refugees while slashing the costs of doing so. The agency, known as the World Food Programme (WFP), is the rare Read More

CharityStars Accepts $36,000 Worth of Bitcoin to Meet Cristiano Ronaldo

6 months ago admin2 Comments Off on CharityStars Accepts $36,000 Worth of Bitcoin to Meet Cristiano Ronaldo
How much would you pay if you had the opportunity to meet your lifetime hero? And what if you could pay with bitcoin or ethereum? Would you do it? Online fundraising auction platform CharityStars is now making that possibility a reality after announcing that it’s accepting cryptocurrencies such as bitcoin on its platform for the Read More

Chinese Bitcoin Exchanges Eye Friendlier Asian Countries As Crypto/CNY Trading Ban Comes Into Effect

6 months ago admin2 Comments Off on Chinese Bitcoin Exchanges Eye Friendlier Asian Countries As Crypto/CNY Trading Ban Comes Into Effect
Image credit: China’s flag on the background of skyscrapers of Shanghai World Financial Center, Nickolay Vinokurov, Shutterstock.com A ban on cryptocurrency trading against the yuan has officially come into effect in China, forcing mainland bitcoin trading platform operators to turn to other Asian markets. Huobi, once one of the largest bitcoin trading platforms in the Read More