US Deficit Up 77%, Tax Cuts Not Working, But is it Donald Trump’s Fault!?

The Tax Cut Results are In And It Doesn’t Look Good The data is in, and it doesn’t look good if you’re a fiscal hawk. As reported by CBS, the US deficit is up by 77% compared to the same time in 2018. дальше »

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Elon Musk Teases ‘Model Y’ SUV, Fails to Rescue Tesla’s 7% Stock Fall

Tesla has not had its best of weeks. Amidst fierce protests over drastic price cuts and a 7 percent plunge in its stock price, the company is facing criticisms from analysts and its customers. On Sunday, Tesla CEO Elon Musk announced the launch of Model Y, a new addition to the company’s SUV line, and the Tesla V3. дальше »

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Millennials are Killing the US Beer Industry – Their Next Victim is Heineken

Heineken USA, the American division of Dutch global beverage manufacturer Heineken International – the world’s second-largest brewer – is gearing up for a business restructuring that will involve cutting 15 percent of its total workforce. дальше »

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Oil Throws Dow a Lifeline as Desperate Saudis Plan Even Bigger Output Cuts

The U. S. stock market clung to gains Wednesday, as rebounding oil prices propelled the energy sector-heavy Dow higher following Saudi Arabia’s latest pledge to scale back production. DOW SLAMS ON THE BRAKES By the middle of the day, the Dow Jones Industrial Average had given up most of its 200-point gain. дальше »

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Ethereum Price Analysis: All Indicators Point to Bulls, ETH at $250 Very Likely

Latest Ethereum News 13 months after token prices slumped forcing many to bankruptcy, the US SEC appears to be laying down the much-needed ground rules needed to resuscitate an innovation that could shape project financing. дальше »

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Dow Futures Dive, But This Analyst Says the Bitcoin Price’s Outlook is Even More Bleak

The US stock market appears ready to extend Wednesday’s declines into Thursday, with Dow futures flashing triple-digit declines ahead of the opening bell. Prices remain flat in the cryptocurrency market, but even one rabidly-bullish strategist has warned that bitcoin could endure another sell-off within the near future. дальше »

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Newsflash: The Trump Curse? Vice Media Cuts 10% of Staff after HuffingtonPost & BuzzFeed Layoffs

The Brooklyn, New York-based news and documentary media giant, Vice Media LLC, is cutting 250 employees out of the company and closing down its flagship weekly HBO program, sources tell the Wall Street Journal. дальше »

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NEM Foundation Plans Layoffs Impacting Entire Staff as Budget Cuts and Restructuring Take Over

The NEM Foundation is primarily known for their work on the NEM blockchain, functioning as a nonprofit organization that is supported by their online community. However, it seems that their funding is not enough to keep the company going in its current state, leading to massive layoffs and budget cuts. Reports suggest these widespread efforts […] дальше »

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ConsenSys Job Cuts Did Not Exceed 10% Of Its Employees And Kept Core Developers Intact

A few weeks ago, a report spread on the internet regarding ConsenSys firing between 40% and 60% of the company’s staff after the bear market that affected the industry during 2018. However, the recent layoffs at the blockchain software company do not exceed 10 percent of the staff. This is according to the company’s Executive […] дальше »

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BoE Senior Advisor: Cryptocurrencies ‘Are a Threat’ But I’m Not Too Worried

Live from a snow-covered World Economic Forum in Davos, the IMF cuts the global economic growth outlook by 3. 5%, the lowest in three years. Senior adviser to the Bank of England Huw van Steenis is leading their review of the future of finance, which he insists doesn’t include cryptocurrencies. дальше »

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Bose brings its noise-cancelling tech to cars

Ever used a pair of Bose QuietComfort noise-cancelling headphones? Spoiler alert: they’re great at cancelling noise. So, while the idea of a consumer audio company neutering vehicle sound might sound… questionable at first, Bose actually has some pedigree in this space. дальше »

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Bitcoin Exchange ShapeShift Cuts Third Of Staff In Extended “Crypto Winter”

Leading Bitcoin Startup Cuts 37 Staffers Weeks ago, Dovey Wan, a partner at Primitive Capital, leading crypto industry insider, and whistleblower (of sorts), took to her well-followed Twitter soapbox to remark that she expects more layoffs heading into 2019. дальше »

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The Daily: Derivative Market Hits $12B in Volume, Reports of Layoffs, Another Fork

Cryptocurrency exchange Huobi has announced reaching $12 billion in cumulative trading volume on its derivative market in December. The news comes amid reports of job cuts at its Shenzhen office. дальше »

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Hive Criticizes Norwegian Government Amid Concession Cuts to Miners

Hive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries. дальше »

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Government of Abkhazia Cuts Off Power to 15 Cryptocurrency Mining Facilities

The government of the Republic of Abkhazia has cut power to 15 crypto mining farms amid concerns over electricity consumption

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Мнение: проблемы Bitmain окажут давление на цены Bitcoin Cash и Litecoin

Управляющий партнер американского инвестфонда Multicoin Capital Кайл Самани уверен, что финансовые проблемы китайского майнингового гиганта Bitmain с большой вероятностью окажут давление на цены криптовалют Litecoin (LTC) и Bitcoin Cash (BCH). дальше »

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Justin Sun Urges ConsenSys Staff Facing Lay Offs, To Send their Resumes to the Tron (TRX) Foundation

Two days ago, news emerged that ConsenSys was planning on making significant cuts to its staff due to the prolonged crypto bear market of 2018. ConsenSys is an Ethereum (ETH) focused startup incubator that aims at growing the network and bring forth the benefits of blockchain technology and tokenization. дальше »

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Ethereum-Blockchain Software Company ConsenSys To Fire Up To 600 More Team Members

ConsenSys Will Cut Even More Staff The future of “ConsenSys 2. 0” is bleak. After sending an ominous email on a Friday night to its employees last month and firing a portion of them soon afterward, the Ethereum-based studio has decided to make even more cuts. дальше »

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More Staff Cuts Are Coming at Ethereum Studio ConsenSys

ConsenSys 'spokes' are being offered the option to seek outside funding or accept severance packages, sources tell CoinDesk. дальше »

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French National Assembly Rejects Plan to Loosen Crypto Taxes

The National Assembly in France has recently shot down proposals to ease up the pressure on tax regulations in the crypto space. As reported by Bitcoin. дальше »

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Japanese Lawmaker Proposes 4 Tax Cuts for Crypto Users and Traders

A Japanese lawmaker has proposed four changes to Japan’s tax law to benefit crypto users and traders as well as widen the adoption of cryptocurrency in the country. The current tax rate of 55 percent could be lowered to 20 percent while crypto-to-crypto trading and small payments could be exempt from taxation. дальше »

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India Receives $80 Billion in Remittance, Big Potential for Crypto?

The World Bank in its latest report revealed that India has received the largest amount in remittance in 2o18 with $80 billion being sent from abroad. At the same time, users paid $4 billion in cuts to payment services. дальше »

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Numerai Cuts NMR Token Supply By 10 Million In A Bid To Become More Decentralized

The Numeraire token (NMR), launched in 2017, wants to reduce its supply in order to become more decentralized. The information was released by Richard Craib during an interview with CoinDesk. The maximum supply of the token will be reduced from 21 million to 11 million. At the same time, the company will be throwing away […] дальше »

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Ethereum Production Studio ConsenSys Cuts Down Staff as Part of ‘Refocusing’ Strategy

CoinSpeaker Ethereum Production Studio ConsenSys Cuts Down Staff as Part of ‘Refocusing’ Strategy ConsenSys founder Joseph Lubin says that the company will focus more on specific and concrete projects reducing the scope of much experimentation as part of financial sustainability. дальше »

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Binance Cuts Profit Forecasts To Measly $500M

Cryptocurrency trading platform Binance, the most popular exchange by daily volume, expects to make a $500M profit this year, down from the possible $1bn prediction made during the summer. The exchange, which today unveiled its new sub-account feature for institutional users, is still confident in the long-term viability of the retail market. дальше »

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Epic Games announces its dev-friendly Steam competitor

Epic Games, the company behind the wildly successful Fortnite, today revealed it’s opening its own digital game storefront.  The new store will offer developers an 88 percent share of revenue, in contrast to Valve’s industry-standard 70 percent. дальше »

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Losing Steem: One of the Most Active Crypto Projects Cuts Staff

Steemit, the social media platform built around the STEEM digital asset, is reorganizing its structure and downsizing 70% of its workers.

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Fundstrat’s Tom Lee Slices Bitcoin (BTC) Price Prediction To $15,000

Tom Lee Cuts $10,000 Off EOY Bitcoin Price Forecast Per an article from CNBC, Tom Lee, Bitcoin’s inside man at Fundstrat Global Advisors, recently lowered his Bitcoin (BTC) price prediction by $10,000, claiming that this industry’s foremost asset will only hit $15,000 by year’s end, not $25,000 as he has stated incessantly on previous occasions. дальше »

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Fundstrat’s Tom Lee Slices Bitcoin Price Prediction To $15k

Tom Lee Cuts $10,000 Off EOY Bitcoin Price Forecast Per an article from CNBC, Tom Lee, Bitcoin’s inside man at Fundstrat Global Advisors, recently lowered his Bitcoin (BTC) price prediction by $10,000, claiming that this industry’s foremost asset will only hit $15,000 by year’s end, not $25,000 as he has stated incessantly on previous occasions. дальше »

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Chinese Bitcoin Mining Centers Fear Electricity Cuts as Compliance Issues Loom

Having banned the exchanges where cryptocurrencies like Bitcoin are traded, the Chinese government is now cracking down on the plants where such currencies are mined. The Yingjiang Administration Bureau for Industry and Commerce, which enforces enterprises and consumer protection laws, issued a notification to the Bitcoin mining facilities operating in China’s Yunnan province. дальше »

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Daily Byte: Monday, November 12, 2018

An exchange cuts and runs, South Korea pushes crypto fund to close, IBM takes on scientific research, and Swedish man sentenced.

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Daily Byte: Thursday, November 8, 2018

France cuts crypto tax, no national cryptocurrency for Israel, and South Korean lawyers want crypto framework. Plus, Venezuela takes Petro to OPEC.

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MIT-Backed SendFriend is Using Ripple’s Xrapid Crypto Product to Improve International Payments

Payments sent across borders account for billions of dollars every month. In a bid to drastically lower transaction fees, startup companies, particularly in the blockchain sector are doing everything possible to create a direct peer to peer payment network that cuts out the middleman, and allows those who need these monies actually get those payments. […] дальше »

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Red Dead Redemption 2’s story cuts deep and burns slow

If there’s one thing I love, it’s a game that can give me a true emotional reaction, even when I think I know where it’s going. And I love Red Dead Redemption 2. Few games in recent memory have felt as full of promise as this one. дальше »

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Coinbase Cuts Staff Amidst IPO Ambitions, Remote Employees Let Go

America’s biggest cryptocurrency exchange Coinbase has cut staff amidst plans for an $8 billion IPO. The company has reportedly cut more than 15 staff members from the compliance, customer support, and fraud departments but the exact number of people let go has not been revealed. дальше »

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The Daily: Coinbase Reportedly Cuts Staff, Telegram Loses Appeal Against Ban

In this edition of The Daily, we cover reports that the U. S. exchange Coinbase has laid off some of its remote workforce. We also look at news that Bitfury is considering holding an initial public offering like Bitmain. дальше »

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Coinbase Staff Shakeups Continue as Customer Service Staff Are Cut

 Crypto exchange Coinbase continues its recent shakeup of staff and executives as its customer service staff are cut. Crypto exchange Coinbase recently engaged a series of cuts and shakeups involving staff and executives. дальше »

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Coinbase Fires 15 Employees: Crypto Bear Market’s Fault?

Yahoo: Coinbase Purges 15 Remote Customer Support Staffers In an unexpected turn of events, Yahoo Finance‘s Dan Roberts has recently learned that Coinbase, one of the foremost cryptocurrency platforms on Earth, fired a handful of staff members in the past week, indicating that the firm could be cutting costs amid tumultuous market conditions. дальше »

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Monero Transaction Fees Reduced by 97% After Bulletproofs Upgrade

After the recent hard fork upgrade of its protocol, Monero has seen its transaction fees shrink by approximately 97 percent, dropping from 60 cents to just 2 cents. дальше »

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Brazil’s Biggest Crypto Exchange Mercado Bitcoin Cuts Ties with Over 20 Employees

One of the most important and largest virtual currency exchanges in Brazil by trading volume, Mercado Bitcoin, has fired over 20 employees. The main intention is to focus on better governance and a more professional customer service. дальше »

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Mike Novogratz: Bitcoin Rally Likely to Start in 2019

Novogratz said that the arrival of institutional players has taken a little longer than expected. As a result, he cuts down on Bitcoin price prediction to below $10000 by the year-end. The post Mike Novogratz: Bitcoin Rally Likely to Start in 2019 appeared first on CoinSpeaker. дальше »

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‘Bitcoin Rally Likely to Start in 2019,’ Says Crypto Investor Mike Novogratz

Novogratz said that the arrival of institutional players has taken a little longer than expected. As a result, he cuts down on Bitcoin price prediction to below $10000 by the year-end. The post ‘Bitcoin Rally Likely to Start in 2019,’ Says Crypto Investor Mike Novogratz appeared first on CoinSpeaker. дальше »

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Digatrade OTC Crypto Exchange Sets Minimum Bitcoin Trade at $25,000, Closes Retail Services

Digatrade Closes Retail Services With Institutional Minimum Trade Value Set at $25K USD Digatrade sets the minimum trade value of digital trading at $25,000 USD and cuts off its retail service effectively on October 17th 2018. дальше »

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eToro cuts cryptocurrency investing costs to push mainstream adoption

In an effort to stimulate the wider adoption of cryptocurrency and blockchain tech, social trading platform eToro is making it significantly cheaper to invest in crypto-assets. The global company, which already boasts more than 10 million users, has reduced fees for spread trades on its platform by more than half for a number of assets, including Bitcoin. дальше »

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eToro Slashes Cryptocurrency Spread to Attract New Investors and Traders

eToro Cuts Cryptocurrency Spread To Attract New Investors And Users The global financial investment platform has decided to cut spreads on cryptocurrencies in order to attract more users and investors to the platform. дальше »

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Israel is Saving Millions for Crypto Investors, Cuts Down Crypto Taxes by 50%

Cryptocurrency investors in Israel can heave a sigh of relief as the government looks for alternative and more transparent ways to calculate taxes for the industry which will lead to “real tax calculation. дальше »

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eToro Cuts Crypto Costs to Support Mass Adoption

Spread on bitcoin cut in half so clients keep more of their gains.

The post eToro Cuts Crypto Costs to Support Mass Adoption appeared first on CoinSpeaker.

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UK-Based Exchange Coinfloor Cuts Staff as Volumes Shrink

In a surprise move, Coinfloor, the oldest Bitcoin exchange in the UK, revealed that it would be slashing the amount they have staff soon. The exact number of people to be removed from the company is still unclear, but it is evident that a majority of the 40-people staff will be terminated. дальше »

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UK's Oldest Crypto Exchange Prepares for Employee Layoffs

In what may be a sign that business in the cryptocurrency space is in a winding down phase, U. K. -based bitcoin exchange Coinfloor is bidding adieu to half of its staff. дальше »

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British Cryptocurrency Exchange ‘Coinfloor’ Announces Job Cuts

Coinfloor, a UK-based cryptocurrency exchange platform, plans to lay off some of its employees. The oldest exchange service in Britain says the move is part of a restructuring process brought about by certain changes in the virtual currency market dynamics. дальше »

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