China Guarantees Citizens On-Demand Anonymity With State Digital Currency

The digital currency will allow anonymity to users… but only to an extent. Analysts are predicting the government-backed crypto will be out early next year. Blockchain efforts by the People’s Bank of China have ramped up in recent weeks. China has brushed aside concerns that its planned government-backed crypto will be used to keep tabs …

China’s State Media Just Headlined Bitcoin to 1.4 Billion People

Chinese State Media Praise Bitcoin as a “Successful Application of Blockchain” Blockchain fever overruns the people’s republic Bitcoin propaganda comes as China preps to launch digital currency in 2020 China has taken yet another step towards fully embracing Bitcoin, calling it “The First successful application of blockchain technology.” The entirety of the people’s republic has …

Bitmain’s US IPO Plans Could Go Up in Smoke

Bitmain, a leading bitcoin miner, has repoortedly secretly filed for an IPO that is sponsored by Deutsche Bank, a German multinational company. | Reuters/Dado Ruvic Bitmain, a leading bitcoin miner, has secretly filed for an IPO that is sponsored by Deutsche Bank, a German multinational company, as reported by Tencent News. The company has been …

Crypto Browser Brave Hits 8 Million Users Milestone, Trumpets ‘Everipedia’ Partnership

Brave teams up with blockchain-based encyclopedia Everipedia. Brave’s active users are skyrocketing. The market value of Basic Attention Token (BAT) may retrace before it continues rising. Privacy web browser Brave announced a co-marketing agreement with the world’s largest blockchain-based encyclopedia, Everipedia, to boost the company’s brand awareness among its userbase. The partnership comes at a …

GE Pension Failure Could Send Investors into Arms of Bitcoin

General Electric (GE) has decided to freeze its pension plan, removing two of the key features that have come to be associated with retirement savings – secure and guaranteed – for tens of thousands of employees. GE isn’t the first company to pull the plug, but as one of the oldest traditional companies in corporate …

Why Facebook & Goldman Sachs Keep Poaching Each Other’s Engineers

Some say that Silicon Valley is the new Wall Street, but could there be deeper reasons why tech companies like Facebook compete with banks like Goldman Sachs for engineers? It used to be banks that attracted the brightest. Before the financial crisis of 2008, Wall Street loved to hire mathematicians, physicists, and even rocket scientists …