The Need to Report Carbon Emissions Amid the Coronavirus Pandemic

JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report titled “Banking on Climate Change.” The bank recently joined a chorus of other financial institutions and endowments that have declared that they will, going forward, be reluctant to provide funding to the fossil fuel industry — which energizes emerging digital technologies and companies — in order to mitigate the effects of climate change.…

Did the Fed Just Accidentally Trigger a Housing Market Crash?

The Federal Reserve just bought $250 billion of mortgage-backed securities in a bid to strengthen the markets. But the move caused a tsunami of margin calls across the mortgage banker industry. Some warned they could go bankrupt within days. Homebuyer demand has dried up and millions of mortgage delinquencies loom. The Federal Reserve unloaded its bazooka of stimulus all over the markets in the last two weeks. But there’s some major collateral damage. By flooding the markets with money, they may have accidentally trigged a housing market crash. The Mortgage…

Tron Launches Djed, a Platform That Looks Suspiciously Like MakerDAO

On March 28, Tron (TRX) founder Justin Sun tweeted to announce the release of Djed, a system for collateralized loans he described as “something new.” The platform was immediately criticized as many see it as a plagiarized version of MakerDAO (MKR). Sun teased the launch on Jan. 16 when Sun let his fans choose the name of a planned decentralized stablecoin that was initially to be backed by TRX and BitTorrent Token (BTT). Self-described TRX whale and Tron fan Mike McCarthy was the one who proposed the name Djed, just…

Japan Lied About Coronavirus to Keep Olympics, Former PM Says

Tokyo’s sudden spike in coronavirus cases has raised questions about the government’s transparency. Some are accusing  Japan of purposefully understating coronavirus numbers to keep the Olympics from being cancelled. A lack of trust between governments around the world is emerging amid the crisis. The global coronavirus pandemic has been amplified in recent days by a growing mistrust between governments around the world. China has been at the center of conspiracies claiming government officials have been understating case and death numbers. But Japan has recently come under fire as the nation’s…

Westworld Heats Up, But Season 3 Is Nothing But Glorified Scrap Metal

Fans are going wild for season 3 of Westworld, but the show is a poor substitute for Game of Thrones. The premise of the series might be original, but showrunners need to think bigger. Westworld is so desperately trying to ride on the coattails of GoT that it’s become unbearable to watch. I’ll make this clear from the very beginning. I don’t get Westworld. I never have, and I never will. It’s not that I don’t understand the premise. It’s a dystopian thriller that pits humans against andorids they’ve abused…

Opera Becomes First Major Browser to Integrate .Crypto Domain Extension

Opera now enables users to access decentralized web pages through a partnership with Unstoppable Domains, a tech firm backed by prominent Bitcoin (BTC) advocate Tim Draper. The collaboration entails Opera’s integration of Unstoppable Domain’s .crypto domain extension, according to an announcement shared with Cointelegraph on March 26. This will allow the browser’s users to surf decentralized websites, as well as make cryptocurrency payments. No more middleman As the announcement further explains, blockchain domains are stored by the owner instead of by registrar firms, and decentralized websites are stored on peer-to-peer…

Crypto ‘Dutch Auctions’ Show Promise After $1.76M Offering Sells Out

On March 24, United States-based blockchain company Solana successfully sold all of its tokens via a “Launch Auction” hosted by crypto fundraising firm CoinList. Solana raised $1.76 million from 445 bids placed from 91 different companies. 8 million SOL tokens were distributed at $0.22 each. 1,416 prospective investors had registered to participate. CoinList’s Launch Auction token issuance model comprises a “Dutch auction” — where the bidding for a token begins at an initial price ceiling which is dropped by a fixed amount periodically.  Investors bid for the number of tokens…

Dow Futures Panic Because 6-Month Lockdowns Risk Stock Market Coma

Dow Jones Industrial Average (DJIA) futures swung wildly ahead of the Wall Street open Monday. Trump admitted that coronavirus lockdowns must continue beyond his optimistic Easter deadline. Health experts say it should be even longer, recommending up to six months of restrictions. The stock market looks poised for a nervous open on Monday after last week’s record-breaking relief rally. Dow Jones Industrial Average (DJIA) futures fell as much as 1% in the premarket session. Investors are adjusting to the reality that coronavirus lockdowns may extend for months. A new report…

GameStop’s COVID-19 Plastic Bag Insanity is Reckless Employee Endangerment

GameStop continues to flaunt ‘essential’ service rules, peddling products through a curbside Delivery@Door service. The retailer has instructed employees to use a plastic bag to protect themselves from the coronavirus during contact with customers. GameStop says it is working diligently to provide ‘safest environment possible’ for customers and employees. Earlier this month, GameStop attempted to side-step shelter-in-place directives that saw all but essential businesses forced to shutter their doors to curb the spread of the coronavirus in several cities and states. The US games retailer justified keeping stores open by…

Bitcoin Price ‘Likely’ Bottomed in $3.7K BitMEX Crash, Says Tone Vays

Bitcoin (BTC) likely reached its low when it hit $3,700 earlier this month, veteran trader Tone Vays has forecast as markets remain up 70%. In the latest episode of his Trading Bitcoin YouTube series on March 29, Vays repeated his previous claim that, logically, BTC/USD should bottom at 20% of its 2019 highs — $2,800. Vays on $2.8K: “I don’t think it’s likely anymore” This could occur before May’s block reward halving and not endanger Bitcoin’s long-term perspective, he said, but a dive after that event could have grave consequences.…