donaldtrump1-052319.jpg Former Secretary of State and ExxonMobil (XOM) Chairman and CEO Rex Tillerson is "dumb as a rock," according to his former boss, President Donald Trump.

wallstreet-oct30_23may19.jpg After falling sharply early in the session, stocks continue to see substantial weakness in mid-day trading on Thursday. With the steep drop on the day, the tech-heavy Nasdaq has fallen to a nearly two-month intraday low.

bestmixerio-052319.jpg One of the world's leading cryptocurrency mixing services was busted in a joint operation by the Dutch Fiscal Information and Investigation Service (FIOD), Europol and the authorities in Luxembourg. A cryptocurrency tumbler or cryptocurrency mixing service is a service offered to mix potentially identifiable or 'tainted' cryptocurrency funds with others, so as to obscure the trail back to the fun

wallstreet-july24_23may19.jpg After ending the previous session modestly lower, stocks have shown a substantial move to the downside in morning trading on Thursday. With the steep drop on the day, the tech-heavy Nasdaq has fallen to a nearly two-month intraday low.

boeing737-052319.jpg Airline regulators from around the world are meeting in Texas this week in hopes of getting Boeing's popular 737 aircraft back in service. However, the U.S. Federal Aviation Administration is not yet satisfied with fixes designed to prevent the type of deadly crashes that have plagued the aircraft. The...

new-home-sales-052319.jpg After reporting an unexpected jump in new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing new home sales pulled back by much more than anticipated in the month of April.

ecb-102418_23may19.jpg European Central Bank policymakers acknowledged that they were less confident regarding a return of solid growth in the euro area in the second half of the year, minutes of the April 9-10 policy session showed on Thursday. Policymakers acknowledged that some recent data had turned out even weaker than expected, the minutes said.

ethereumfoundation-may23.jpg The Ethereum Foundation plans to spend $30 million on key projects within the ethereum ecosystem over the next 12 months. This budget is insulated against downward ETH price movement. In an announcement on its blog, the Foundation said resources are allocated with priorities on "building the Ethereum of tomorrow, supporting the Ethereum of today, and Developer Growth & Awareness". $19 million h

culedger-r3-052319.jpg Credit union consortium CULedger expanded its partnership with New York-based blockchain consortium R3 by integrating R3's Corda Settler to support blockchain-powered cross-border payments. U.S.-based CULedger is a credit union-owned Credit Union Service Organization (CUSO) that focuses on providing blockchain-powered applications primarily to credit unions or members of credit unions.

tetherobtainstay-march29.jpg Cryptocurrency exchange Bitfinex, and its affiliated stablecoin issuer Tether, announced that the New York Supreme Court has granted its motion for an immediate stay of the document demands from the New York Attorney General's or NYAG office. Bitfinex and Tether, who were involved in a legal battle with NYAG, had filed a motion on the previous day to dismiss the proceeding brought by the NYAG.

japanese-march29.jpg Japanese Financial Services Agency or FSA is targeting cryptocurrency exchanges as it steps up countermeasures for money laundering, the Nikkei Asian Review reported. The regulator will be checking companies that offer anonymous transactions or have weak identity verification practices. The development is in preparation for inspection by the Financial Action Task Force or FATF this fall.

coinbase-usdc-052219.jpg Coinbase Commerce, the PayPal-like payment service for cryptocurrencies by the U.S.-based cryptocurrency exchange Coinbase, added support for USD Coin (USDC) stablecoin on its payment service platform. Businesses of merchants can now accept USDC stablecoin using the platform. USDC is a 1:1 US dollar-backed stablecoin brought to you by Circle and Coinbase.

germanyflag-aug27_23may19.jpg German business confidence eroded to the lowest level in over four years in May amid rising concerns over global trade tensions, thus shrugging off the positive impact of the modest economic growth in the first quarter, and damping hopes of a recovery in the biggest euro area economy in the near term.

blockficuts-may23.jpg The Cryptocurrency asset management startup BlockFi said it is reducing the interest rate it offers on ether (ETH) deposits to 3.25 percent annual percentage yield (APY) from the current rate of 6.2 percent. The interest rate is being slashed by nearly half for customers with 25-100 ETH balances in their BlockFi Interest Account (BIA). Those holding more than 100 ETH balances will be eligible fo

jobless-claims-052319.jpg First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended May 18th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 211,000.

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