$100 Bills Thrive in Underground Economy, Circulation Spikes to $1.2 Trillion

The $100 bill – also known as the Benjamin or the C-note – now enjoys a higher circulation than even the $1 bill, the CNBC reports. Per Federal Reserve data there are now over 12 billion $100 bills in circulation around the globe. According to Torsten Slok, the chief international economist at Deutsche Bank, this…Continue reading$100 Bills Thrive in Underground Economy, Circulation Spikes to $1.2 Trillion

Spain is the Healthiest Country in the World; Cuba Trumps the US

A few surprises to come out of Bloomberg’s Healthiest Countries report this year. Great news for those of you who dig olive oil, rice, and octopus. Not so much if you’re into calzone or spaghetti bolognese. Oh, and if Chipotle is your go-to meal source, beware–the U.S. and Mexico dropped a few spots this year…Continue readingSpain is the Healthiest Country in the World; Cuba Trumps the US

Report: QuadrigaCX Wallets Have Been Empty, Unused Since April

According to a new report from Ernst & Young, six wallets used by QuadrigaCX have been largely dormant since April 2018 Read the original post: Report: QuadrigaCX Wallets Have Been Empty, Unused Since AprilContinue readingReport: QuadrigaCX Wallets Have Been Empty, Unused Since April

Major Saudi ATM Provider Partners With Blockchain Identity Platform

Saudi ATM provider Alhamrani Universal and blockchain firm ShoCard will develop an ATM powered by blockchain and biometrics Read the original post: Major Saudi ATM Provider Partners With Blockchain Identity PlatformContinue readingMajor Saudi ATM Provider Partners With Blockchain Identity Platform

Crypto Winter Bites as EOS Faces Lagging Blockchain Development

Development on $3.3 billion cryptocurrency EOS has slowed to an absolute crawl, and it’s not the only smart contract platform where GitHub commits have plunged in recent months. Major Crypto Blockchains See Reduced Commits According to data from Longhash, development on EOS, Ethereum, and Tron has drastically slowed over the past three months. If we…Continue readingCrypto Winter Bites as EOS Faces Lagging Blockchain Development

Binance: JPMorgan Token a ‘Stepping Stone’ to Mass Crypto Adoption

JPMorgan’s controversial blockchain token might not be a real cryptocurrency, but researchers say it could help spark concrete crypto adoption. Binance Argues JPMorgan’s Dubious Crypto Project Will Spur Real Adoption In a new article from Binance Research, one of the world’s largest cryptocurrency exchanges deems JPM Coin a “stepping stone” toward mass adoption. By exposing…Continue readingBinance: JPMorgan Token a ‘Stepping Stone’ to Mass Crypto Adoption

Report: Blockchain and Crypto Firms in Malta Face Difficulty in Finding Banking Services

Banks are reportedly declining account applications from blockchain and crypto-related firms in Malta Read the original post: Report: Blockchain and Crypto Firms in Malta Face Difficulty in Finding Banking ServicesContinue readingReport: Blockchain and Crypto Firms in Malta Face Difficulty in Finding Banking Services

IMF Recommends Immediate Action on Malta’s AML and CFT Supervision

The IMF called for “urgent action” to address shortcomings in Malta’s AML and CFT regulation Read the original post: IMF Recommends Immediate Action on Malta’s AML and CFT SupervisionContinue readingIMF Recommends Immediate Action on Malta’s AML and CFT Supervision

Futures Exchange Promises Zero-Fees: Startup Hits One Million Sign-Ups for Waitlist

A noncustodial futures exchange is set to launch in April, offering commission-free trading on crypto and traditional futures contracts, together with a sophisticated one-click ladder trading interface. #SPONSORED Read the original post: Futures Exchange Promises Zero-Fees: Startup Hits One Million Sign-Ups for WaitlistContinue readingFutures Exchange Promises Zero-Fees: Startup Hits One Million Sign-Ups for Waitlist

Elon Musk Admits the $35,000 Tesla Model 3 Will Come at a Cost – More Layoffs

Tesla’s long-promised $35,000 Model 3 is finally here – along with bad news for the firm’s sales and marketing staff, according to the carmaker’s CEO Elon Musk. In an email that Musk sent to employees, the Tesla chief disclosed the company’s decision to move all sales online. Consequently, the electric carmaker will shutter many brick…Continue readingElon Musk Admits the $35,000 Tesla Model 3 Will Come at a Cost – More Layoffs