British Virgin Islands Bolsters Emergency Plan with Crypto Wallet

By CCN: An official announcement from the British Virgin Islands says that the island protectorate has entered a partnership with a blockchain company. The company, LifeLabs, makes a wallet and has a token called LIFE on the Ethereum blockchain. The wallet supports Ethereum, Bitcoin, and the firm’s own crypto tokens. In Case of Emergency: Use Blockchain The partnership mainly regards the facilitation of emergency funding for the British Virgin Islands as well as payments between islands. Andrew A. Fahie, Premier and Minister of Finance for the British Virgin Islands, says: “It is of utmost importance that our citizens receive immediate

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Ex-CIA Agent: Obama Bent Hiring Rules to Build Anti-Trump Deep State

By CCN: Former CIA analyst John Gentry published a scathing attack on the alleged anti-Trump deep state, claiming American intelligence institutions have been overrun by Democrats – many of whom were handpicked by Barack Obama. Gentry suggests that traditional safeguards to stop political weaponization of the intelligence community were bypassed by Obama during his first term. It’s illegal to ask job applicants their political affiliation when joining U.S intelligence agencies, but Gentry says Obama got around this obstacle by hiring from liberal-leaning demographic groups. Now over 10 years later, the fruits of Obama’s labor can be seen in the swathe

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Sirin Labs Finney Review: Does This Crypto Smartphone Stand a Chance Against the Samsung Galaxy S10?

By CCN: The developers of the Sirin Labs Finney have created for themselves a monumental task. Not only do they desire to break into the fiercely-competitive smartphone market, but they also aim to spearhead cryptocurrency’s transformation from a niche curiosity into a mainstream financial instrument. After raising nearly $150 million for its Israeli creator during the initial coin offering (ICO) boom of 2017, does the Finney achieve this lofty goal? Perhaps more pertinently, does it have any chance of competing with the unexpectedly crypto-friendly Samsung Galaxy S10? Read on to find out. Cold Storage Cryptocurrency Wallet When Sirin Labs debuted

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Here’s What Will Trigger the Next Mammoth Bitcoin Rally

By CCN: According to a new survey conducted by a gold investment research firm, most retirees in the U.S. are aware of bitcoin and cryptocurrencies but are not interested in investing in the asset class. More than 56 percent of respondents said that they are aware of the existence of bitcoin but have not considered investing in it, and 32.9 percent have said that they are not aware of the asset class. Based on the official data provided by the U.S. government, there are approximately 47.8 million retirees in the U.S. and it remains a large market for various asset

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Stock Market Flips Bearish: Analyst Reveals How to Buy the S&P 500 Dip

By CCN: Following a banner quarter, one Wall Street analyst says that the US stock market is teetering on the brink of a cooling-off period. Luckily, prescient investors stand to reap a major windfall when it’s time to buy the dip. Robert Sluymer: S&P 500 Will Erase a Month of Gains As of Thursday’s close, Wall Street’s three major indices had all climbed by double-digits since the trading year began. The tech-heavy Nasdaq surged 20 percent. The S&P 500 rallied 15.7 percent. Even the Dow Jones Industrial Average, which is disproportionately impacted by the US-China trade war, climbed 13.8 percent.

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Over Half of U.S. Retirees are Crypto-Aware but Won’t Invest in Bitcoin: Survey

More than 56% of American retirees over the age of 50 know what bitcoin is but refuse to invest in it. Meanwhile, less than 3% of this group own bitcoin already. These are the sobering findings uncovered by Gold IRA Guide, a magazine about precious-metal investing. 1 in 3 Retirees Have No Idea What Bitcoin Is Earlier this month, Gold IRA Guide surveyed 1,000 American retirees over age 50 to learn their thoughts about bitcoin. The results are discouraging if you’re a crypto fan because it shows that retirees remain skeptical of crypto and have not bought into the hype

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Our Binance Overlord’s Bitcoin SV Slaying is Frightening for Cryptocurrency

Binance, the world’s largest cryptocurrency exchange, announced the delisting of Bitcoin SV (BSV) on Monday after CEO and founder Changpeng Zhao decided he’d had enough of the antics of Fake Satoshi, Craig S. Wright. Within hours, Kraken and Shapeshift followed suit. You’d have to travel far and wide to find anyone gullible enough to defend Craig Wright at this point, but there’s a case to be made that by delisting BSV on a whim, Binance has shown itself to be a much more dangerous and pernicious force in the crypto space than Bitcoin SV ever could have been. Binance’s CZ

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Samsung Fold Disaster Extends to 60% Q1 Profit Drop for Nightmare 2019

By CCN.com: Following a shock 60 percent drop in profits by Samsung Electronics as reported by FT, woes for the South Korean technology giant continued as the Samsung Galaxy Fold, a $2,000 device released to the market this month, demonstrated serious problems in a scandal that’s been dubbed #peelgate. After one day of use… pic.twitter.com/VjDlJI45C9 — Steve Kovach (@stevekovach) April 17, 2019 Is 2019 a Write-Off for Samsung? Not quite. Samsung Group, the biggest conglomerate in South Korea, represents some of the largest companies in virtually every imaginable sector such as insurance, car manufacturing, credit card, biologics, display manufacturing, and

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Samsung Fold Disaster Extends to 60% Q1 Profit Drop for Nightmare 2019

By CCN.com: Following a shock 60 percent drop in profits by Samsung Electronics as reported by FT, woes for the South Korean technology giant continued as the Samsung Galaxy Fold, a $2,000 device released to the market this month, demonstrated serious problems in a scandal that’s been dubbed #peelgate. After one day of use… pic.twitter.com/VjDlJI45C9 — Steve Kovach (@stevekovach) April 17, 2019 Is 2019 a Write-Off for Samsung? Not quite. Samsung Group, the biggest conglomerate in South Korea, represents some of the largest companies in virtually every imaginable sector such as insurance, car manufacturing, credit card, biologics, display manufacturing, and

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