Day: February 26, 2020

Coronavirus Is a Pandemic Whether the WHO Admits It or Not

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Coronavirus fits the criteria for a pandemic although the WHO is hesitant to use the word. For now, coronavirus is more mild than past pandemics but that could change over the next few weeks. China’s dropping number of cases has cast the nation as an expert in containment despite harsh criticism over Beijing’s handling of the disease just weeks ago. With new outbreaks across Europe and the Middle East, it’s clear that containing the coronavirus is becoming impossible. The U.S., England and France have already started bracing for what many…

Red Sox Prospect’s Coronavirus Quarantine Is Only the Beginning

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The Boston Red Sox quarantined prospect Chih-Jung Liu to a hotel room amid fears of the coronavirus outbreak. The MLB organization claims it is using “an overabundance of caution” when it comes to guarding against the virus. The CDC warns that the virus could drastically disrupt life and business in the United States. This would include sports. While the coronavirus outbreak has led the news cycle for two months, most people in the Western world still perceive the crisis as something that’s happening elsewhere. Sure, we’ve seen a few cases…

Judge Says Plaintiff Can Proceed Against AT&T in $24M Hack Case

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On Feb. 24, a California federal judge ruled that cryptocurrency investor Michael Terpin can proceed with his lawsuit against telecom corporation AT&T over a $24 million SIM hacking incident. Terpin is arguing that an AT&T agent who was bribed by a criminal gang supplied data that allowed the hackers to steal $24 million worth of cryptocurrency in January 2018. Terpin is a prominent cryptocurrency investor who founded BitAngels in 2013. On June 11, 2017, hackers were purportedly able to gain control of the investor’s phone number through a SIM swapping…

Malta’s Financial Watchdog Releases Industry Feedback on Security Tokens

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The Malta Financial Services Authority (MFSA) has released feedback on the definition of security tokens and challenges such assets face in Maltese markets. In a paper published on Feb. 25, the agency gave feedback on security token offerings (STO) from 18 industry stakeholders, including national agencies, regulated businesses, technology providers, law and consultancy firms, among others. The MFSA initially asked industry stakeholders to provide their opinions and advice on the definition of STOs last July. It also asked for their assistance in interpreting the challenges STOs face within the existing…

Bitcoin in INR: Binance, Wazirx, Cashaa, Zebpay Announce New Offers for India

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Several cryptocurrency exchanges in India have recently stepped up their offerings as they wait for the supreme court’s decision on the RBI ban. Binance and Wazirx have made some improvements to their platforms, Cashaa is waving some fees, and Zebpay has announced zero fees on a trading pair when it re-launches in India. Also read: Regulatory Roundup – Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash Binance and Wazirx As the Indian supreme court deliberates over a decision on the RBI ban, several Indian companies are stepping forward with…

Sterling Faces Do-or-Die Real Madrid Audition in Europe’s Grandest Stage

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England forward has recovered in time for tonight’s big Champions League tie. Sterling has spoken of admiration for Real Madrid. Time is now for Sterling to show the Bernabeu he is their next galactico. Raheem Sterling has recovered from his recent injury and, barring a major surprise, will line up for Man City against Real Madrid tonight. After 3 weeks out injured with a muscle injury, it will be a slight risk for Guardiola to start Sterling, but it is one he must surely take. A fit and firing Raheem…

Sterling Faces Do-or-Die Real Madrid Audition in Europe’s Grandest Stage

boss

England forward has recovered in time for tonight’s big Champions League tie. Sterling has spoken of admiration for Real Madrid. Time is now for Sterling to show the Bernabeu he is their next galactico. Raheem Sterling has recovered from his recent injury and, barring a major surprise, will line up for Man City against Real Madrid tonight. After 3 weeks out injured with a muscle injury, it will be a slight risk for Guardiola to start Sterling, but it is one he must surely take. A fit and firing Raheem…

Binance CEO Changpeng Zhao Explains Why Craig Wright Is ‘A Disgrace’

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In a recent tweet, Binance CEO Changpeng Zhao has made it clear that he thinks Craig Wright, the Bitcoin SV (BSV) founder and self-proclaimed Bitcoin (BTC) creator, is a fraud.  Indeed, Wright is a divisive figure in the industry, having involved himself in various legal battles and public spats as he attempts to convince the crypto world that he is the rightful inventor of the first cryptocurrency. To this end, Zhao told Cointelegraph that Wright is not only hurting his own reputation but is harming that of the cryptocurrency industry…

Dow Grinds Toward Recovery as Coronavirus Infects U.S. Military

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The Dow Jones Industrial Average (DJIA) struggled to mount a partial recovery after two straight days of devastating losses. The first U.S. soldier tested positive for the coronavirus in South Korea overnight. San Francisco declares a state of emergency as America prepares for a pandemic. The U.S. stock market shot higher on Wednesday, but it was a hollow victory for a shellshocked Dow Jones Industrial Average (DJIA) that just suffered its worst two-day rout in years. The partial recovery comes as the first U.S. soldier tested positive for the coronavirus…

Dow Futures Collapse as Coronavirus Outbreak Infects U.S. Military

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Dow Jones Industrial Average (DJIA) futures point to a third-straight day of losses on the stock market. The first US soldier tested positive for the coronavirus in South Korea overnight. San Francisco declares a state of emergency as America prepares for pandemic. The U.S. stock market looks set for another disastrous start. After the worst back-to-back losses since 2008, Dow Jones Industrial Average (DJIA) futures slipped yet further on Wednesday morning. The move down comes as the first U.S. soldier tested positive for the coronavirus in South Korea. The patient,…