Dow Buckles Under Weak Inflation, Hastening Fed Rate Cut Band-Aid

 By CCN Markets: The Dow and broader U.S. stock market headed for a soft landing Wednesday after another batch of disappointing inflation figures pointed to a slowing domestic economy. Dow, S&P 500 Slide for Second Consecutive Day All of Wall Street’s major indexes swung lower on Wednesday, continuing a disappointing end to the previous session […]

Dow Buckles Under Weak Inflation, Hastening Fed Rate Cut Band-Aid

 By CCN Markets: The Dow and broader U.S. stock market headed for a soft landing Wednesday after another batch of disappointing inflation figures pointed to a slowing domestic economy. Dow, S&P 500 Slide for Second Consecutive Day All of Wall Street’s major indexes swung lower on Wednesday, continuing a disappointing end to the previous session […]

EOS Polls Show Overwhelming Support for Slashed Inflation Rate

According to an online poll result released on June 1, 2019, statistics show that EOS account holders have voted in favor of a massive slash in the annual inflation rate, from five to one percent. The poll comes as a result of the excess inflation rate accumulated over time on the platform’s account. EOS Community Votes […]

EOS Holders Vote to Reduce the Annual Inflation From 5% to 1%

EOS holders voted to reduce the annual inflation rate from 5% to 1% as of June 1, according to data on the voting platform maintained by EOS Block Producer (BP) EOS Authority. According to the poll’s description, out of the current 5% of annual EOS inflation, 4% is being accumulated in the eosio.saving account while […]

Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos

Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC are seeing all-time price highs. The surge in value is not just taking […]

Inflation Bug Still a Danger to More Than Half of All Bitcoin Full Nodes

Figures published by bitcoin core developer Luke Dashjr show that more than half of the full nodes in the bitcoin network are still running client software vulnerable to the inflation bug discovered in September 2018. This revelation poses some danger to the network, as software vulnerabilities are a clear and present danger to the fidelity […]

Dow Reverses Brutal Loss as Tame Inflation Keeps Fed Hawks at Bay

By CCN: The Dow and broader U.S. stock market were under pressure Friday morning after the Trump administration raised tariffs on $200 billion worth of Chinese goods, setting the stage for a prolonged and potentially damaging trade war with Beijing. Equity markets would later reverse their declines as investors parsed through tame inflation data that […]

Dow Pares Brutal Loss as Tame Inflation Keeps Fed Hawks at Bay

By CCN: The Dow and broader U.S. stock market were under pressure Friday after the Trump administration raised tariffs on $200 billion worth of Chinese goods, setting the stage for a prolonged and potentially damaging trade war with Beijing. Stocks managed to erase most of their declines as investors parsed through tame inflation data that […]

60% of All Bitcoin Full-Nodes Are Still Vulnerable to Inflation Bug

According to bitcoin (BTC) node stats reported on the website of bitcoin core developer Luke Dashjr, 60.22% of the coin’s full-nodes are running software still vulnerable to the inflation bug at press time. According to the reported data, the software running on 60,101 bitcoin full-nodes is vulnerable to the CVE-2018-17144 bug. As Cointelegraph reported at […]

Stellar Quietly Patched a 2.25 Billion XLM “Inflation Bug” in April 2017 – BTCMANAGER

According to new research from Messari, Stellar, the world’s eighth largest cryptocurrency project by market cap, suffered an “inflation bug” in April 2017 which enabled attackers to create additional 2.25 billion XLM tokens. This, per a report by crypto research firm Messari, published March 27, 2019. Hackers Minted 2.25 Billion XLM Tokens Blockchain’s security has […]