There’s a $1.6 Billion Problem with Elon Musk’s Plan to Close Tesla Stores: Joseph Young
In a complete reversal, Tesla revealed that it would work to move all sales online, just a year after touting the expansion of Tesla stores and galleries. Tesla Backtracks on Retail Store Expansion The 2017 annual report published in February 2018 read: “Our …
Trump Just Made the Defining Move of His Presidency – and He Didn’t Even Tweet About It: David Hundeyin
Pangburn, Arkansas is the quintessential slow-paced, idyllic American small town where everyone knows everyone else, and no one is in much of a hurry. Like the vast majority of rural America, the town of 600 voted for Donald Trump in 2016 after he made a succ…
Crypto-Hostile Massachusetts Extends Olive Branch to Blockchain Industry: Gerelyn Terzo
A new working group in the Commonwealth of Massachusetts launched by the state’s chief securities regulator is looking to clear up some of the murky regulation for blockchain innovators. The olive branch couldn’t have come too soon as Western U.S. states embr…
Florida Sex Spa’s Ex-Owner Sold Chinese Bigwigs Access to Trump: Wes Messamore
A Florida woman notorious in the Palm Beach area for allegedly running a prostitution business out of a chain of massage parlors called Tokyo Day Spas has been connected to Robert Kraft and President Donald Trump. Robert Kraft, the New York private equity inv…
Tesla Short Seller Suddenly Reverses Course, Sets Bullish Price Target: Francois Auré
It has not been a good few weeks for Elon Musk and Tesla. Whether it is concerns over safety, the firm’s expansion into China, or even the role of Musk himself as CEO, the luxury electric car manufacturer has been dominating the headlines for all the wrong re…
Bitcoin Price Could Sink to $1,850 Despite Bullish Crypto Momentum: Joseph Young
In the past 3 months, the Bitcoin price has been relatively stable, performing strongly against the U.S. dollar with solid volume across major markets in the likes of the U.S. and Japan. Since December 16, within a 3-month span, the Bitcoin price has increase…
Is the Boeing 737 Max8 at Fault for the Ethiopian Airlines Disaster?: Gerelyn Terzo
There are no survivors on an Ethiopian Airlines plane crash that occurred on a March 10 flight that was bound for Nairobi. The flight, which took off from Addis Ababa, Ethiopia, is believed to have been carrying 149 passengers and eight crew members, none of …
Here’s Why Stellar (XLM) Price Jumped 11.20% in Three Days: Yashu Gola
Stellar’s crypto asset XLM is pursuing a steady uptrend since March 7. As of 1100 UTC, the XLM-to-dollar rate was trading at 0.093, up 11.20-percent from its March 7 low. The pair today posted circa 4-percent gains, according to a 24-hour adjusted timeframe s…
Why the Women in Blockchain Movement Makes Me Nauseous: Christina Comben
I’m almost completely over Netlifx. As a single mother of two, that’s a pretty sad spot to be in. Netflix was basically my social life. But all this political correctness is starting to irritate me. The tidal wave of ‘strong female leads’, and the exact propo…
Forget Forbes Billionaires List, Here Are The Real World’s Richest People: Francois Auré
A list of the world’s richest people has been released by Forbes again (yawn), and what a surprise it’s a mix of the usual suspects. While I enjoy gazing at weird close-ups of Mr. Bezos and Mr. Zuckerberg as much as the next man, there are much more exciting …
Breaking: Dow Bloodbath Could End as US-China Reach ‘Consensus’ on Crucial Trade Deal: Joseph Young
Yi Gang, the governor of the People’s Bank of China, has said in a press conference on Sunday that the U.S. and China are close to establishing a currency deal, which could fuel trade talks and alleviate pressure on the Dow Jones. “Both sides have reached con…
Marshall Islands Rejects IMF Concerns to Launch ‘Sovereign’ (SOV) Digital Currency as Legal Tender: Melanie Kramer
The Sovereign (SOV) digital currency looks set to become the first decentralized national digital currency. It could be used in the Marshall Islands on an equal footing with the US dollar. Such cryptocurrency as legal tender, even in a small state, is a large…
How Socialism Turned Venezuela Into A Post Apocalyptic Nightmare: Wes Messamore
The power is out. The lights are off. Civilization has completely fallen apart. No one knows who’s in charge any more. And Venezuela is highly polarized and tense. In a scene reminiscent of a post-apocalyptic nightmare scenario, one that is absolutely real (a…
4 Crypto Tax Tricks from Deloitte That Will Maximize Your Tax Return: P. H. Madore
CCN spoke to Deloitte tax partner Jim Calvin about the problems and strategies associated with cryptocurrency for his clients, particularly when it comes time for them to submit their annual tax returns. Deloitte Tax Partner Spends More Than Half His Time Wor…
Andrew Yang’s Crazy UBI Plan: Give Lazy Freeloaders $12,000 Every Year for Doing Nothing: Erich Hixson
Last month, Democratic rising star Alexandria Ocasio-Cortez came under fire for a line in the Green New Deal that promised security for those “unwilling to work.” Her team quickly lied about it, claiming GOP doctoring, before eventually chalking it up to an “…
‘I Don’t Understand!’: Watch Ripple’s CEO Rant Against JPMorgan’s Cryptocurrency: Gerelyn Terzo
In a Brad Garlinghouse vs. Jamie Dimon crypto showdown, the Ripple chief is not the least bit intimidated by his Wall Street rival. Ripple CEO Unloads on JPMorgan Cryptocurrency at DC Blockchain Summit Garlinghouse was featured as the keynote speaker at DC Bl…
These Tweets Expose the Hypocrisy of Alexandria Ocasio-Cortez: Wes Messamore
An Alexandria Ocasio-Cortez tweet reminded her followers this week that the progressive Cinderella was once a restaurant server, while the Democratic rising star waxed humble about her current role as public servant. Ocasio-Cortez Now: My Job is to Serve AOC …
14-Year-Old WinRAR Exploit Allegedly Threatens Crypto Wallets: P. H. Madore
According to a user on the Bitcoin subreddit, there is an exploit on a common version of WinRAR that enables the potential theft of coins. The bug, which allowed executable code to be inserted on a system after opening a RAR file, has apparently existed for 1…
New York Democrats Salivate over Proposed $9 Billion Wealth Tax: Nick Marinoff
New York’s transit infrastructure is in serious jeopardy. Following years of neglect and underfunding, the system allegedly requires a $40 billion investment over the next ten years, or it risks falling into what subway chief Andy Byford calls a “death spiral…
Facebook’s Cryptocurrency is a YawnCoin, Not A ‘Blow to Bitcoin’: Wes Messamore
As Mark Zuckerberg outlines his vision for Facebook as a trusted digital brand for secure and private messages and payments between users, Billy Bambrough writes at Forbes: “Blow To Bitcoin As Mark Zuckerberg Warns Facebook Payments Are Coming “Bitcoin, which…