Day: March 5, 2020

SEC Proposes to Simplify ‘Complex and Confusing’ Exempt Offering Rules

boss

The US Securities and Exchange Commission (SEC) has voted to propose a set of rule changes to simply and improve the “patchwork” rules for exempt securities offerings. The proposed rule changes aim to improve the existing ‘complex and confusing’ framework to make it easier for companies to conduct offerings that still protect investors. In the US offerings of securities, including Initial Coin Offerings (ICOs), must either be registered with the SEC or qualify for an exemption. The majority of entrepreneurs and emerging businesses — such as Telegram — raise capital…

Why the Fed Rate Cut Will Inflate the Stock Bubble – And Cause It To Pop

boss

The Federal Reserve made a surprise emergency cut of 50 basis points to the federal funds rate on Tuesday in a desperate attempt to reduce the impact of coronavirus. Cutting rates won’t solve all problems; we don’t know how much the coronavirus will hurt the global economy. Stocks are overpriced. The Fed rate cut could inflate the bubble even more. On Tuesday morning, the Federal Reserve cut the federal funds rate by half a percentage point to help protect the economy from the coronavirus impact. When the economy is slowing,…

Dow Is Up 1,200 Points But Few Are Touching Boeing. Here’s Why

boss

The Dow Jones Industrial Average soared nearly 1,200 points but Boeing just inched higher despite the rally. Delays with recertifying the Max 737 continue to weigh on shares. The coronavirus outbreak could have a big impact on Boeing aircraft orders. The Dow Jones Industrial Average surged nearly 1,200 points on Wednesday, but you wouldn’t know it from Boeing’s (NYSE: BA) stock. Earlier shares of the aircraft maker were down in a sea of green, continuing a precipitous decline spurred on by coronavirus fears. By the end of trading it had…

What Are zk-SNARKs and How Do They Affect Digital Privacy?

boss

At a time when technology can be used as both a mechanism for privacy intrusions and a tool for protecting privacy, the prescient sentiment of cypherpunks in the 1990s of cryptography as the last defense against a digital surveillance dystopia rings truer than ever. And one of the most potent instruments for defending digital privacy has recently gained significant momentum thanks to the advent of cryptocurrencies.  An iteration of zero-knowledge proofs, trustless zero-knowledge proof systems that are also referred to as zk-SNARKs are a powerful cryptographic primitive that can sever…