Month: February 2020

Retail traders are ditching Virgin Galactic as the space exploration stock collapses from its all-time highs. The retail crowd is flooding into biotech stocks on speculation that they may benefit from the Wuhan coronavirus outbreak. These “dumb money” investors are setting themselves for failure. Many will see their investments evaporate as institutional investors pull the
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The Takeaway: Yemen, home to what the United Nations calls the world’s biggest humanitarian crisis, is in a state of civil war. Half of the country is controlled by the Iran-backed Houthi militant group, which has developed its own cryptocurrency. People from Yemen are often wary of being associated with cryptocurrency, in part because of
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Last week, the financial watchdog of Malta came forward with an unexpected statement. Apparently, Binance, a leading cryptocurrency exchange that had been enjoying a close relationship with local authorities, is not authorized “to operate in the crypto currency sphere,” as the regulator’s press release stressed.  While the Malta Financial Services Authority has yet to license
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For years YouTube has hosted a bizarre and vile monkey torture channel. Using the handle “killbabymonkeys,” the channel creates playlists of videos with injured, abused, or dying monkeys in them. The channel’s subscribers have left horrifying comments on the videos YouTube has irked many creators that think the platform is too heavy-handed with censorship. But
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Bitcoin recently made a “Golden Cross” where the 50-day moving average closed above the 200-day moving average, a positive development for traders who see it as a very bullish indicator. However, the benchmark cryptocurrency fell sharply right after forming the bullish crossover. The bitcoin-to-dollar exchange rate slipped below both the 50- and 200-DMA earlier this
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Decentralized derivatives exchange Digitex has fallen victim to a significant data breach believed to have exposed the email addresses and possibly other information of more than 8,000 users. A former employee stole private information for more than 8,000 users, Christina Comben, who heads Digitex’s communications, said Friday. Comben told CoinDesk the exchange was “aware of
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New data may suggest a link between increased gaming and reduced underage drinking, drug use and sex. The data comes from the CDC via Twitter and Reddit. While the link is tenuous at best, it presents a positive outlook on the effects of gaming. It seems like every generation of video games has some sort
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