Another Bank Run Highlights China’s Brewing Financial Crisis

admin

0 A regional lender has become the latest victim of the growing liquidity crunch in the world’s most populous country.Yingkou Coastal Bank, operating in the northeastern Chinese province of Liaoning, is the second institution within less than a month to see its financial stability threatened by frightened savers.That happens while small Chinese banks are becoming…

Crypto Developer’s Arrest for Aiding North Korea Echoes Eerily Prophetic 2008 NYT Profile

admin

virgil griffith The FBI arrested an Ethereum developer in Los Angeles on Thanksgiving for teaching North Korea about cryptocurrency.The Manhattan US Attorney’s office says the 36-year old Virgil Griffith helped North Korea to evade international sanctions.The former hacker and tech idealist has been flirting with disaster for years.The New York Times did an eerily prophetic…

‘METAIYE KNIGHTS’ IS THE WORLD’S FIRST CRYPTO COMIC

admin

By AFROPUNK November 28, 2019 metaMe and its sister NGO, the Internet Foundation , have partnered with Comic Republic , Africa’s leading comic production company, to produce Metaiye Knights , a cyberpunk saga that’s like The Matrix meets Mr.Robot on the road to Wakanda.The project is led by a world class team led by Dele…

Chile central bank says might sell up to $20 bln in interventions

admin

Chile central bank says might sell up to $20 bln in interventions (Adds quote from central bank statement, foreign exchange market context) SANTIAGO, Nov 28 (Reuters) – Chile’s central bank might sell up to $20 billion in foreign currency interventions starting on Monday in a bid to stabilize the local currency, the monetary authority said…

UK consumer confidence stuck at six-year low in November – GfK

admin

Most Read UK consumer confidence stuck at six-year low in November – GfK LONDON, Nov 29 (Reuters) – British consumer confidence remained stuck at its joint-lowest level since 2013 in November as uncertainty around the Dec.12 election and Brexit weighed on households, a survey showed on Friday.Market research firm GfK said its consumer confidence index…

Thomas A. Gendron Sells 1,000 Shares of Woodward, Inc.Common Stock (NASDAQ:WWD) Stock

admin

Woodward, Inc.Common Stock (NASDAQ:WWD) CEO Thomas A.Gendron sold 1,000 shares of the firm’s stock in a transaction dated Thursday, November 21st.The stock was sold at an average price of $111.18, for a total value of $111,180.00.Following the sale, the chief executive officer now directly owns 227,390 shares of the company’s stock, valued at $25,281,220.20.The transaction…

How Will The Blockchain Technology Power Fintech Revolution

admin

Impacts of the Blockchain Technology on Fintech. Blockchain is going mainstream and its impossible that Fintech will stay unaffected.Published on November 29, 2019 Two decades down under, and the 21st century doesn’t fail to amaze you with its innovation.In fact, the pace of it is so fast, that you inevitably put your hands up and…

XRP (XRP) Price Hits $0.22 on Major Exchanges

admin

XRP (CURRENCY:XRP) traded down 4.5% against the dollar during the 1 day period ending at 22:00 PM Eastern on November 30th.Over the last week, XRP has traded down 4.7% against the dollar.XRP has a total market capitalization of $9.60 billion and $1.19 billion worth of XRP was traded on exchanges in the last 24 hours.One…

Bitcoin, Bitcoin Cash, And Bitcoin SV: A Brief History For Crypto Dummies – Businessdaylight

admin

Bitcoin, Bitcoin Cash, And Bitcoin SV: A Brief History For Crypto Dummies November 6, 2019 With Bitmain’s return to the limelight and Craig Wright’s appearances in continuing legal drama, old Bitcoin rivalries have been flaring up again lately: Bitcoin and its forked brethren, Bitcoin Cash and Bitcoin SV. For those new to cryptocurrency, the fierce…

Subscribe US Now