Day: August 27, 2020

Let’s Hope ‘Pandemic Hoax’ Conspiracy Theorists Avoid Kate Winslet

boss

In an exclusive interview, Kate Winslet said that she was “ready” for the COVID-19 pandemic thanks to her role in “Contagion.” According to the Oscar-winning actress, art imitates life, which imitates art. Thanks to her statement, she may have emboldened conspiracy theorists. Kate Winslet was ready for COVID-19. The Oscar-winning actress has revealed that her role in “Contagion” made her ready for the ongoing pandemic, nearly 10 years later. While I’m sure she means well, I’m afraid she may have inadvertently emboldened conspiracy theorists. Kate Winslet Is An Actress —…

NASA is Funding a Blockchain Solution for Space Communication

boss

The United States National Aeronautics and Space Administration (NASA) is funding two US-based companies to develop a blockchain solution to enhance communication in space. Two US companies, Orbit Logic and the Fraunhofer USA Center for Experimental Software Engineering were awarded $124,800 and will help develop NASA’s proposed blockchain solution dubbed Space Communication Reconstruction and Mapping with Blockchain Ledgering (SCRAMBL). NASA’s SCRAMBL blockchain solution will be ‘lightweight and tailored’ to function efficiently on the resource-constrained computing elements used on satellites. As NASA detailed in the award briefing, SCRAMBL will “leverage blockchain…

Is 2020’s “DeFi mania” the next evolution of financial markets?

boss

Crypto eras are often defined by their yearly trends: the meteoric bull run of 2017, the crypto winter and ICO boom of 2018, and the resurgent crypto spring of 2019. Will 2020’s explosive DeFi growth usher in a new era of crypto? Join Shapeshift head of trading Clark Read and Hxro CEO Dan Gunsberg as they examine how the evolution of financial markets paved the way for the coming of decentralized finance. During the show, don’t forget to write any questions you might have in the chat. We’ll pick the…

Russia set to try again with blockchain voting despite earlier setbacks

boss

Russian telecommunication giant Rostelekom, together with the Russian Ministry of Digital Development and Communications, tested a blockchain-based voting system developed in collaboration with Waves Enterprise. As local news outlets reported, the preliminary test involved 30,000 people who were trying out the platform’s functionality and technical capabilities. According to Rostelekom spokespeople, the system worked as intended during the test and did not fail under high load.  Votes were reportedly counted in less than one minute through homomorphic encryption systems. This method allows calculations to result in the same output even if…

Libra Shows Levey the Door, Appoints Stevan Bunnel as Lead Counsel

boss

Stevan Bunnel is joining the Libra Association to replace Stuart Levey as the organization’s lead counsel. The Libra Association led by social media giant Facebook Inc (NASDAQ: FB) has appointed former Homeland security top counsel, Stevan Bunnel as its lead counsel. This latest appointed, first reported by Bloomberg is the second time the highly opposed crypto-centric association will be appointing a lead counsel, as it did so barely three months ago when it welcomed Stuart Levey for the same position. Updates on Bunnel’s LinkedIn page suggested that he joined the…

ABT Stock Up, FDA Approves Abbott COVID-19 Antigen Test for Emergency Use Authorization

boss

Abbott Laboratories’ coronavirus test, known as the BinaxNOW COVID-19 Ag Card, costs just $5 and provides results in 15 minutes without any lab equipment. It is highly reliable, with 97.1% sensitivity and 98.5% specificity. Abbott Laboratories (NYSE: ABT), American healthcare giant that takes part in the COVID-19 vaccine race, has been given the green light from the Food and Drug Administration (FDA) for an emergency use authorization of its antigen coronavirus test, following the news, Abbott stock soared. Breaking: Abbott just announced they have been given emergency use authorization for…

Housing Market Completes Comeback With Pending Home Sales

boss

Demand for homes is high, as shown by strong growth in pending home sales. Low inventory could hinder further sales growth. It has never been more expensive to buy a home in the US. The U.S. housing market shows no sign of slowing this summer. Buyers continue to show strong demand as mortgage rates are at record lows and Americans express a desire to move to the suburbs. Potential buyers missed most of the spring buying season due to the lockdown measures induced by the pandemic. Pending Home Sales Rise…

‘Bitcoin Will Never Ditch You’ Ad Dominates Front Page of Major Hong Kong Newspaper

boss

The number of bitcoin ads appearing in major newspapers is growing. The front page of Apple Daily, a major newspaper in Hong Kong, featured a “Bitcoin will never ditch you” ad this week. Bitcoin ads also recently appeared in leading Indian newspaper The Economic Times, the Financial Times, as well as on TV. Bitcoin Ads in Major Newspapers Bitcoin appeared on the entire front page of the Apple Daily newspaper in Hong Kong on Monday. Apple Daily was founded in 1995 by media tycoon Jimmy Lai, who was arrested on…

Tesla Valuation Over $400B, Other Electric Vehicle Makers Record Gains

boss

Electric vehicle stocks are climbing consistently, with Tesla hitting a market cap over $400 billion, which also increased Elon Musk’s net worth. Electric vehicle (EV) maker Tesla Inc (NASDAQ: TSLA) jumped over 6% on Wednesday, reaching a $401.2 billion market value. On the day, TSLA swung between 2,053.63 and 2,166.00 per share and closed at $2,153.17. With the price movements, Tesla has set a new intraday record of $2,166. Back in June, a Barrons report revealed that some EV companies have been trading above analysts’ expectations. At that time, Tesla’s stock was…

Chainlink Seems Poised to Rebound, But These On-Chain Metrics Spell Trouble

boss

Following a 157% bull rally throughout the first half of August that saw Chainlink hit a new all-time high of $20, this cryptocurrency entered a massive downtrend. As sell orders began to pile up, LINK took a 36% nosedive to reach a low of $12.8 on August 21. Over the past few days, however, the decentralized oracles token has rebounded following a buy signal presented by the Tom Demark (TD) Sequential indicator.  TD Index Presents Buy Signal on LINK’s Daily Chart. (Source: TradingView) Although the bullish formation estimates a one…