The US Just Borrowed $488 Billion In One Quarter, The Most Since The Financial Crisis

For months, analysts have been warning that the US is set to borrow an unprecedented – for a non-recessionary period – amount of money… … and on Monday afternoon this was confirmed, when the US Treasury announced that in the quarter ended March 31 (the fiscal year’s second), the US borrowed $47BN more than its

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UNICEF’s “Hope Page” Mines Cryptocurrency Through Visitors’ Computers

UNICEF Australia is using Coinhive — a crypto-mining service — to extract cryptocurrency through visitors’ computers and fund its ongoing mission in Bangladesh. The UN branch has long worked to provide humanitarian relief for both children and their mothers in developing nations. The organization has now created what representatives call the “Hope Page,” which allows

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Gold Prices Start Week With Losses – Are We Headed to $1300?

Gold prices continue to head south, as the base metal has resumed its losing ways on Monday, erasing the gains seen on Friday. In North American trade, the spot price for an ounce of gold is $1316.80, down 0.52% on the day. On the release front, key US indicators were mixed. Personal Spending improved to 0.4%, matching

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Want to Learn More About Bitcoin Mining? There’s a New Summit for That

For Emma Todd, it was a 2017 conference that transformed her newfound interest in cryptocurrencies and blockchain into a passion. As she learned more, she had an epiphany: more people needed to better understand the esoteric world of cryptomining. Not one to be a flaneur, she is now harnessing this opportunity. On May 18, 2018,

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Japanese Regulator Pressures Exchanges to Drop Privacy Coins

Japan’s Financial Services Agency, tasked with monitoring the country’s cryptocurrency exchanges, has quietly been pressuring platforms to delist privacy coins. Coincheck has already done so in the wake of the $400 million NEM hack. If fellow exchanges follow suit, it could signal the beginning of the end for privacy coins such as zcash and monero

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