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There are a lot of consequences to the novel coronavirus outbreak in New York. In fact, most people agree that the current state of New York City is rather ghost city-esque. Walking around in New York City will feel akin to a ghost town these days. New York City Isn’t Thriving, but That’s a Good … Read more
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders with more than $250 trillion in global … Read more
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro has also shut down the national banking system and regional authorities banned gasoline … Read more
In California, the novel coronavirus crisis is only getting started. Some officials are convinced how the homeless population may face up to 60,000 infections over the coming weeks. It is uncanny how often people overlook the homeless population during a crisis like this. California Faces a new Coronavirus Threat In fact, they may prove to … Read more
The novel coronavirus is only starting to make its mark on the Western world. Especially in the US, some interesting precautions are being discussed regarding New York City. A lot of major US cities are suspending social activities for the foreseeable future. New York City Prepares for the Worst That is only normal, as social … Read more
While the cryptocurrency community deals with floundering market prices, the billion-dollar Kleiman v. Wright Lawsuit continues in Florida. On March 17, a court filing shows that the self-professed Bitcoin inventor Craig Wright has been ordered by the judge to pay $165,500 in attorney fees. U.S. magistrate Bruce Reinhart granted in part some of the legal … Read more
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite has been trying to withdraw $30-50K per person as they flee … Read more
As if the Coronavirus pandemic wasn’t bad enough, a 5.7 magnitude earthquake just hit near Salt Lake City, Utah at about 7:10 am local time. The recent earthquake is the largest one to hit the area since 1992, and while damage to structures was relatively minimal, authorities are still investigating the extent of the damage. So … Read more
More interesting developments occur across the United States to thwart the novel coronavirus outbreak. In California, there is a genuine concern that this pandemic will last until the fall. No one really knows when the coronavirus crisis will subside. Ending the School Year in California In China, there are signs of improvement. However, the information … Read more
Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However, the auction might not be enough and the … Read more