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KIK Closes Messenger and Lays off Staff to Continue SEC Lawsuit Fight

Kik app with over 2 million users to close unexpectedly in order to fund ongoing lawsuit for illegal ICO run in 2017 Source: https://cointelegraph.com/rss

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European Commission Exec Questions Motives Behind Facebook’s Libra Stablecoin

EU antitrust regulator discusses possible impact from Libra’s launch Source: https://cointelegraph.com/rss

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WeWork Meltdown Shows Pitfalls of Adam Neumann’s Personality Cult

The WeWork IPO is toast. The writing was on the wall for several days prior to the announcement, as the company’s roadshows failed at every turn. As much as Wall Street may point to the company’s risky business model as a reason for the failure of the IPO, an equally significant reason is the (now […]

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Giannis Antetokounmpo’s Free Agency Waffling Should Spook Bucks Fans

Giannis Antetokounmpo is almost as important to Milwaukee as beer. The city will need all the beer it can get if the Greek Freak decides to leave the Bucks in free agency. The superstar forward, who’s been named the best player in basketball by ESPN and Sports Illustrated, is eligible for a massive contract extension […]

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Top German Bank Predicts Bitcoin to Hit $90,000 After Halving, Calling It ‘Ultrahard Money’

Bayern LB, one of Germany’s top banks, has published a report in strong support of bitcoin superseding gold, predicting a price of $90,000 per BTC post bitcoin’s halving in 2020. Within a report entitled, “Is bitcoin outshining gold?” the bank’s researchers delved into the stock-to-flow ratios of gold and bitcoin, specifically regarding the impact of […]