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Cryptocurrency market fails to take off after meltdown

By ethan / January 26, 2018

Bitcoin and other major cryptocurrencies have been failing to return to all-time highs after the correction that wiped out almost half of the market’s value. The largest digital currency bitcoin is trading almost 50 percent off from its $ 20,000 peak. After rapidly falling to the $ 10,000-$ 11,000 mark this month, the cryptocurrency has […]

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Major payment system dumps bitcoin, says it fails as currency

By ethan / January 24, 2018

Bitcoin is too volatile and demands high transaction fees to be interesting for business, according to Stripe, a leading online payments company, which will stop accepting the cryptocurrency in April. “Over the past year or two, as block size limits have been reached, bitcoin has evolved to become better-suited to being an asset than being […]

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US govt shutdown continues for 3rd day as Senate fails to reach funding deal

By ethan / January 22, 2018

US Senate members have failed to strike a deal to end the government shutdown, pushing the deadline back by 11 hours. After hours of deliberations, Democratic and Republican senators failed to reach a federal funding deal to end the government shutdown that started Friday. The vote, initially planned for 1am Monday, has been postponed until […]

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Govt shutdown imminent as Senate fails to pass funding

By ethan / January 20, 2018

Despite 11th-hour meetings between President Donald Trump and leaders of both parties in Congress, efforts to avert a government shutdown have all but failed. A sticking point was the status of over 700,000 illegal immigrants. With just 1 hour and 45 minutes of federal funding remaining late Friday night, the Senate fell short of the […]

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US Army fails to provide medical care to experiment subject soldiers

By ethan / November 15, 2017

Published time: 15 Nov, 2017 00:25 Veterans’ rights groups are claiming the US Army is withholding crucial information about chemical and biological agents veterans were exposed to in experimentation. “The Army still has not provided notice to test subject veterans regarding the specific chemical and biological tests to which they were subjected — and their […]

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‘Disturbing’: TSA fails around 80% of undercover tests – report

By ethan / November 9, 2017

A report revealing “vulnerabilities” at Transportation Security Administration (TSA) airport checkpoints has disturbed lawmakers, who for the first time received a classified briefing from the new TSA chief. TSA Administrator David Pekoske and members of the Department of Homeland Security’s (DHS) Office of Inspector General (OIG) appeared before the House Committee on Homeland Security Wednesday […]

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Bitcoin bigger than McDonald's but fails as payment system

By ethan / November 3, 2017

Published time: 3 Nov, 2017 13:20 The bitcoin cryptocurrency was designed to be better than traditional payment systems. However, it has become a hyper-inflated asset, failing to serve as a faster and more sophisticated payment system, according to analysts at Bank of America Merrill Lynch. The largest cryptocurrency, priced at more than $ 7,000, has […]

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