Day: February 22, 2020

Your Cell Phone Is More Likely to Kill You Than Coronavirus

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Coronavirus continues to rage in China. The official death toll is 2,345, while total cases crossed 76,000 this week. But more people have died in the United States from taking a selfie than contracting coronavirus. While black swan events like this pandemic garner more attention, the predictable threats to human life and health are more preventable. Coronavirus continues to ravage China and neighboring countries three weeks after the World Health Organization declared it a global emergency. The official death toll in China is now 2,345, while the number of cases…

Wilder vs. Fury 2 Will Be the Most Boring Title Match in Boxing History

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Two massive heavyweights collide again in Las Vegas on Saturday night. Bob Arum claims the fight will have 2 million+ buys on PPV. Both men are great characters, but the fight will likely be a bore-fest. Bob Arum is no stranger to hyperbole. So when he claims Wilder vs. Fury 2 will have over two million buys on PPV, it’s best to take it with a pinch of salt. He even tried to say this fight is on the same level as Ali vs. Frazier. Maybe take that one with…

Bitcoin Price Bullrun May Last 1000 Days as 2020 Now Best Average Year

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Bitcoin (BTC) is worth more in 2020 than any other year it has existed — and historical data suggests that its price will continue climbing for another 19 months. Data uploaded to Twitter by fund partner James Todaro on Feb. 21 reveals that in terms of volume-weighted average price, 2020 is Bitcoin’s best year ever. BTC volume-weighted average: 2020 biggest year The volume-weighted average calculates the Bitcoin price over a certain period as a ratio on the basis of trading.  For 2020, the average for BTC/USD is $9,120, according to…

A Visa Card That Offers Crypto Back & Cash Back — How One Fintech Has Reshaped Loyalty Programmes Forever

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In 1981, American Airlines’ launched their Frequent Flier Programme which is often regarded as the first full-scale loyalty programme of the modern era. As technology evolved, loyalty programmes progressed into a data-grabbing tool for brands, masked under marketing as “beneficial perks” for the shopper. Despite this, over half of customers rated rewards as important for both big-ticket, and small, habitual purchases according to a recent research study by Wirecard. With this in mind, it is highly important for brands to retain their customers through additional incentives; especially given the increasingly…

A Visa Card That Offers Crypto Back & Cash Back — How One Fintech Has Reshaped Loyalty Programmes Forever

boss

In 1981, American Airlines’ launched their Frequent Flier Programme which is often regarded as the first full-scale loyalty programme of the modern era. As technology evolved, loyalty programmes progressed into a data-grabbing tool for brands, masked under marketing as “beneficial perks” for the shopper. Despite this, over half of customers rated rewards as important for both big-ticket, and small, habitual purchases according to a recent research study by Wirecard. With this in mind, it is highly important for brands to retain their customers through additional incentives; especially given the increasingly…

Here’s Why Interest Rates on Cryptocurrencies Could Be a Game-Changer

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Lending and borrowing cryptocurrencies is becoming an increasingly important sub-sector of crypto finance, one that may end up shaping how the underlying assets themselves are valued and priced in the markets.  While still in its infancy, the growth of crypto lending platforms has given birth to a new type of measuring metric: interest rates, which has the potential to draw in new investors while encouraging the movement of crypto capital out of storage and into markets. In traditional financial markets, interest rates reveal significant information about the health of the…

When Money Becomes Programmable – Part 1

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Michael Casey is chief content officer at CoinDesk. The following is part of “The Token Economy,” an essay in Alex Tapscott’s new book “The Financial Services Revolution.” Blockchain technology, and the cryptocurrencies, tokens and other digital assets it has engendered, may be moving us toward a model of programmable money that incorporates an automated internal governance of common resources and encourages collaboration among communities. Digital scarcity, when applied to these tokens, treats our increasingly digitized economy differently from the pre-digital one. It raises the possibility that our money itself becomes…

Why Tesla Stock Should Panic About China’s Auto Sales Implosion

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The Chinese automobile industry is in freefall as the country deals with the economic fallout from the coronavirus outbreak. Tesla depends on China to fulfill the optimistic guidance provided by Elon Musk. Tesla probably won’t be able to meet its forecasts because of China-related headwinds. Car sales in China dropped by 92% in the first two weeks of February due to the continued fallout from the Wuhan coronavirus outbreak. With the Chinese economy in the doldrums, it is looking increasingly impossible for Tesla (NASDAQ: TSLA) to fulfill the promises Elon…

Why Tesla Stock Should Panic About China’s Auto Sales Implosion

boss

The Chinese automobile industry is in freefall as the country deals with the economic fallout from the coronavirus outbreak. Tesla depends on China to fulfill the optimistic guidance provided by Elon Musk. Tesla probably won’t be able to meet its forecasts because of China-related headwinds. Car sales in China dropped by 92% in the first two weeks of February due to the continued fallout from the Wuhan coronavirus outbreak. With the Chinese economy in the doldrums, it is looking increasingly impossible for Tesla (NASDAQ: TSLA) to fulfill the promises Elon…

Bitcoin Cash Faces ‘Slow Death’ After Alleged $30M Hack — Commentator

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Altcoin Bitcoin Cash (BCH) has become the subject of intense speculation after a major investor claimed he lost $30 million in a wallet hack.  In a now-deleted Reddit post from Feb. 22, the investor, who appears to be Dreamhost founder Josh Jones, said the attacker also stole 1,500 Bitcoin (BTC) worth $14.4 million.  Hacker steals reported $45M  The hack came in the form of Jones’ SIM card being compromised. So far, he has not confirmed whether this was a so-called “SIM swap,” or whether the funds were commandeered by other…