Category: 2-DailyNews

After settling in to the $10,000 price level, BTC suddenly and rapidly dipped more than 5% in an hour on Wednesday. As the market discusses possible explanations, some floated the unexpected simultaneous downtime of Binance and Coinbase as a causal factor. 

In this episode of The Breakdown, we discuss the power exchanges wield - both in terms of market liquidity as well as the ability to shape news cycles. The good news is that new funding for insurgent exchanges suggest that power today is not inevitable. 

Lastly, we discuss the latest in central bank digital currencies, with Sweden launching an e-krona pilot; a former head of China’s national bank saying Coronavirus could accelerate efforts; and a new member of the Libra Association.

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In a bid to unite a fractious populace, hardliners barred half of the parliamentary candidates; by silencing moderates, the plan will suppress turnout and deepen the disquiet. We take a look at the rise, fall and this week’s pardon of the “junk-bond king” Michael Milken. And why so few Japanese people use their widely welcomed passports.

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The news to know for Friday, February 21st, 2020! 

What to know today about the Nevada caucuses, Russian interference in the election, and the winter storm impacting millions...

Plus: which universities are giving more financial aid, why some people are getting free Peloton bikes, and it's time for Feel Good Friday.

Those stories and more in less than 10 minutes!

Award-winning broadcast journalist and former TV news reporter Erica Mandy breaks it all down for you. 

Head to www.theNewsWorthy.com or see sources below to read more about any of the stories mentioned today.

This episode is brought to you by www.Blinkist.com/news

Become a NewsWorthy INSIDER! Learn more here: www.TheNewsWorthy.com/insider

 

 

Sources:

Nevada Weekend Caucuses: NPR, USA Today, Vox

Russian Interference: NYT, WSJ, WaPo, CBS News

Roger Stone Sentencing: AP, WSJ, CNBC

Winter Storm Impact: USA Today, NBC News, CNN, Weather

USC Offers Free Tuition: CBS News, LA Times

Morgan Stanley Buys E*Trade: WSJ, Bloomberg, NYT

Flywheel vs. Peloton: Business Insider, CNN, Fox Business

Facebook Recordings: The Verge

CBS Streaming Service: The Verge, Cnet

Hindus Celebrate: Times of India, Beliefnet

Feel Good Friday - USA Today, WaPo

Saturday marks the 40th anniversary of the famous Miracle on Ice hockey game when the Americans beat the Russians in the Olympics--despite the fact that the Russians were considered a far superior team. Today, our Heritage Foundation colleagues Philip Reynolds and Laura Falcon join Jarrett Stepman to remember that wonderful game. 

We also cover these stories:

• Roger Stone, a Trump ally was sentenced on Thursday by U.S. District Court Judge Amy Berman Jackson to more than three years in prison and a $20,000 fine.
• The White House announced Thursday that current ambassador to Germany, Richard Grenell, will also now serve as acting director of national intelligence
• A shooter who killed nine people at two bars in Hanau, near Frankfurt Germany, was likely a racist extremist, according to authorities. 

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The ‘crypto’ industry is having a hard time fitting everything that’s happening inside that one monolithic term. On this episode, @nlw looks at current news stories from across at least 5 different categories - DeFi, enterprise blockchain, central bank digital currencies, digital collectibles and bitcoin - to ask whether they really all belong lumped in in the same category. 

The episode also looks at:

• Four reasons these increasingly different categories remain bunched together 
• Why turning other parts of the industry into an enemy is rewarded in the public sphere
• Why letting individual parts of the industry evolve individually is likely to bring more, not fewer resources into the space. 

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Spurred on by demographic shifts, Brexit and the success of the Sinn Fein party in this month’s election, the once-unthinkable idea of Irish reunification is gaining ground. The IMF is in Lebanon to discuss restructuring the country’s crippling debts; we examine the roots of the economic crisis. And visiting a frigid festival where even the instruments are made from ice.

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The news to know for Thursday, February 20th, 2020!

What to know today about last night's heated Democratic debate, Trump's historic yet controversial appointee, and why well-known athletes are speaking up...

Plus: a new royal couple timeline, Uber's new reporting feature, and why Burger King is promoting a moldy burger.

Those stories and many more in less than 10 minutes!

Then, hang out after the news for Thing to Know Thursday's bonus interview. We're talking with Dr. Syra Madad, who was featured in the new Netflix docu-series Pandemic, about the coronavirus disease.

 Head to www.theNewsWorthy.com/shownotes to read more about any of the stories mentioned in this episode or see the sources below.

This episode is brought to you by www.Blinkist.com/news

Thanks to The NewsWorthy Insiders! Become one here: www.theNewsWorthy.com/insider

 

 

Sources:

Dem Debate Takeaways: NYT, NBC News, POLITICO

Trump Picks Historic, Controversial Leader: Fox News, Washington Post

Astros Outrage: NYT, CNN

Pop Smoke Dies: ABC News, USA Today, Variety

Royal Split Timeline: Today, The Guardian, BBC

TikTok Parental Controls: TechCrunch, The Verge

Uber’s Real Time Reports: USA Today, ABC News

Staples Podcast Studios: Engadget, PR Newswire

Burger King’s Moldy Whopper: NBC News, CNN

What has Roger Stone been convicted of? Are President Donald Trump’s tweets about his sentence inappropriate? Have past presidents ever gotten involved in proposed sentences? Was the jury for Stone biased? John Malcolm, a senior legal fellow at The Heritage Foundation, joins the show to explain it all.

We also cover the following stories:

• President Trump suggests Sen. Chris Murphy's interaction with Iran may have violated Logan Act.
• Former Illinois Gov. Rod Blagojevich, a Democrat, praises Trump for commuting his sentence.
• Angered by a recent op-ed, China kicks out Wall Street Journal reporters.

The Daily Signal podcast is available on Ricochet, Apple Podcasts, Pippa, Google Play, or Stitcher. All of our podcasts can be found at DailySignal.com/podcasts. If you like what you hear, please leave a review. You can also leave us a message at 202-608-6205 or write us at letters@dailysignal.com. Enjoy the show!

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The DeFi world continues to dissect the recent attacks on bZx. To most, the amount lost in the attacks is far less relevant than what the attacks suggest about how DeFi applications need to be designed. 

Within that, one key topic of conversation is the role of price oracles - the systems by which DeFi applications check the prices of assets that dictate what happens in a given smart contract. Since asset price manipulation was at the core of the recent attacks, this is a particularly pertinent area of inquiry. 

Yesterday, Chainlink announced that it would be helping bZx upgrade their systems taking advantage of Chainlink’s recently-launched “meta oracle.” On this episode of The Breakdown, Chainlink founder Sergey Nazarov discusses:

• The role of price oracles in DeFi
• How price oracles were targeted in the recent attacks
• What the DeFi industry can learn from early crypto exchange hacks

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Strict controls meant to contain the spread of the coronavirus are affecting many of the country’s villages. Our correspondent visits migrant workers who are trapped and draining their savings. We look into why Boeing’s space-and-defence division, which used to prop up the commercial-aircraft side, is itself losing altitude. And why American politicians’ heights matter so much to their prospects.

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