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80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany

Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small...

Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout

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Since the market carnage on March 12 otherwise known as Black Thursday, the exchange Bitmex has seen 36% of the trading platform’s bitcoin reserves withdrawn. A few other well-known crypto exchanges have seen cold wallets drained, while other trading platforms...

Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents

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Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but...

The Vacate Manifesto: How Today’s Technology Can Solidify Abolitionist Goals

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20 years ago the cypherpunks of the new internet era came up with vast ideas describing privacy, anonymity, and encryption. Some of them brought these ideas to practice. ***The following is a featured manifesto written in 2015 by Jamie Redman that first appeared on...

JPMorgan, Bank of America, Deutsche Bank Predict Major Recession

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Big banks are predicting a major recession, the deepest one in the post-war era. JPMorgan Chase CEO Jamie Dimon said his bank cannot be immune to the resulting financial stress while Bank of America expects the U.S. economy to “collapse” and Deutsche Bank...

80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany

Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout

Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents

The Vacate Manifesto: How Today’s Technology Can Solidify Abolitionist Goals

JPMorgan, Bank of America, Deutsche Bank Predict Major Recession

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