Stablecoin issuer Tether faces scrutiny over an $840mn loan it recovered from Celsius Network as the crypto lender's bankruptcy tests how insolvency rules apply to digital assets. Celsius filed for bankruptcy protection in the US this month, becoming the latest casualty of the recent crash in crypto prices and leaving hundreds of thousands of its customers facing losses on their investments.

Space mining is an idea that began taking hold at the turn of the century, and 10 years ago, it was passionately discussed. Many argued that space mining could revolutionise the commercial space economy by employing robots and private astronauts to explore and mine near-Earth asteroids (NEAs) for precious metals and even rare earth metals.

Are popular crypto stablecoins the next subprime CDOs, or even outright Ponzi schemes? Find out why I advise investors to sell or avoid Tether.

USPS Unveils 10-Year Sustainability Plan: Higher Prices, Worse Service Congress will be reviewing Postmaster General Louis DeJoy's 10-year business plan that calls for more packages, higher prices, and longer delivery time for first-class mail. USPS' planned overhaul comes as it faces more than $100 billion in projected losses.

One week after BofA CIO Michael Hartnett issued a "code red" for stocks after publishing a report in which he showed that while current market euphoria has surpassed dot com levels, what was going now is absolutely staggering and it's only getting crazier with each passing day and new all

The CARES Act was signed into law on March 27. Congress earmarked $454 billion of that stimulus money to be distributed by the Treasury to the Federal Reserve to be used for emergency lending programs to save businesses and jobs during the pandemic and keep credit flowing to the U.S.

Bipartisan negotiators on Capitol Hill are finalizing work on an emergency spending bill for the coronavirus with a pricetag around $7.5 billion. The spending bill, which could be released on Tuesday, is expected to pass the House and Senate within the next two weeks.

If the CEO of HSBC has been lending $400b USD to china to help them prop up their Monopoly money, that accounts for half of the reserves we have calculated that have already run. The chinese bank forward position on CNH is another $450 billion. Their currency is a HOUSE OF CARDS.