Dow Futures Plunge Because Earnings Are Even Worse Than Expected

Dow Futures Plunge Because Earnings Are Even Worse Than Expected

Original Author: Ben Brown – Go to Original Source

Dow futures fell on Thursday as corporate earnings continue to disappoint Wall Street. Even with expectations at 13-year lows, blue-chip US companies are failing to hit the mark. IBM was the biggest drag on the Dow Jones Industrial Average on Thursday, falling 1 percent in pre-market trading. The tech company reporting year-on-year revenue losses. Poor […]

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‘Libra Is Screwed’: Industry Insiders Ring Death-Knell for Facebook’s Crypto

‘Libra Is Screwed’: Industry Insiders Ring Death-Knell for Facebook’s Crypto

Original Author: India Bottomley – Go to Original Source

Blockstream chief strategy officer Samson Mow pulled no punches with Facebook’s much-hyped crypto, Libra. He is not the first industry insider to criticize the planned crypto launch, both industry experts and lawmakers are voicing concerns over the security of the open-source currency, and the potential censorship issues that come from the way it is being […]

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Japan Bootstraps Regulated SWIFT-Like Global Crypto Payments Network

Japan Bootstraps Regulated SWIFT-Like Global Crypto Payments Network

Original Author: Paul de Havilland – Go to Original Source

Japan is set to further its pioneering spirit when it comes to cryptocurrency. The Japanese government is currently developing an international cryptocurrency payments network similar to the SWIFT network currently used by banks, Reuters reports. Japan Leads Crypto Into the Mainstream The Japanese plan is ostensibly designed to counter money laundering fears digital currencies have […]

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