Markets News Stocks 

What’s really to blame for the sudden shattering of the stock market’s calm?

“A raucous week ended with the stock market posting the most brutal declines in about two years What went wrong after a lengthy period of such calm?” reports marketwatch.com. A calm market suddenly went crazy in the final two weeks leading up to Cardlytics Inc.’s initial public offering, but top executives didn’t even discuss the possibility of turning back.Fed officials may regret trying to brush off the stock market’s slump, analysts said. Source: marketwatch.com Share This:

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Crypto News 

Government websites mined cryptocurrency after being hijacked by hackers 

“A host of government websites were found to be running a power-pinching program that uses visitors’ computers to mine cryptocurrency, a process known as “cryptojacking”” writes Margi Murphy for telegraph.co.uk. The websites were infected with malware called Coinhive, which works by hiding in a website’s code, while stealing the processing power of its visitors’ devices to mine cryptocurrency.Bitcoin is a digital currency that uses decentralised technology for secure payments and storing money that doesn’t require banks or people’s names.The digital coins are stored in an anonymous digital wallet, to be…

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News 

Why IoT startup MailHaven returned to Louisville after a Silicon Valley stint

“Ivonye says that the startup has raised its seed funding from these programs, angel investors, and family and friends” writes Holly Beilin for venturebeat.com. In addition to hardware expertise, Highway1 gave the startup some initial funding, later augmented by an additional $150,000 from the 500 Startups accelerator program.They also found an investor in a large manufacturing company called Fabricated Metals that’s based in Louisville. Source: venturebeat.com Share This:

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Crypto News Reviews 

Bitcoin News Digest Sunday, February 11, 2018

Iceland to use more energy mining bitcoin than powering its homes this year Iceland is expected to use more energy mining bitcoin than powering its homes this year.   Fundstrat’s Tom Lee explains why bitcoin and stocks crashed and burned at the same time How bitcoin’s plunge may have foreshadowed the stock market’s deep decline.   How to make money mining bitcoin and other cryptocurrencies without knowing anything about it It’s absurdly easy to start mining for cryptocurrency.   Cryptocurrency Regulation Boosts Markets China, India, Russia and the United States…

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All 50 states ranked for retirement from worst to best

“However, a low score on the affordability measure kept Minnesota from being one of the best overall states for retirement” writes Matthew Michaels for businessinsider.com. On a global scale, the United States is 24th on the list of the best countries for retirement.If you decide to stay in America when you are done working, you might want to know which state is best for retirement.The same state — Minnesota — can claim to have the best quality of life and health care.Using 41 metrics in three broad categories, they were…

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Crypto News 

How to make money mining bitcoin and other cryptocurrencies without knowing anything about it

“Bigger mining organizations have warehouses full of powerful computer parts that can generate a ton of cryptocurrencies” writes Antonio Villas-boas for businessinsider.com. You just need computer parts that are powerful enough to make mining profitable, and a handy piece of software called Nicehash.I’ve been experimenting with crypto mining on Nicehash myself, and it’s been a fun little project.You might think you need an extreme know-how of computers to do any kind of crypto mining, that it couldn’t possibly be done by the average person.And at the end of the day,…

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Markets News Stocks 

ALLIANCEBERNSTEIN: Here are 17 stocks you might want to buy when the stock market gets rocky

“Larson’s guide for navigating the volatile stock market centers on finding stocks that have both a strong free cash flow and aren’t overcrowded” writes Jacob Sonenshine for businessinsider.com. “We recommend staying invested, but to the extent that investors can be opportunistic,” she added, making particular note of the many companies that have a strong free cash flow yield.Additionally, the Cboe Volatility Index spiked as high as 37, signaling heightened fear in the market place.Although heavy selling has engulfed US stock markets over the past several weeks, that does not mean…

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Hon Hai’s Foxconn Industrial Internet files for an IPO in China, says it will spend $4.3B on next generation projects like cloud computing, IoT, AI, and 5G tech

“Hon Hai Precision Industry Co” writes Bloomberg News for bloomberg.com. Foxconn Industrial Internet is the first Hon Hai unit to list on a domestic exchange.Hon Hai’s annual gathering is a chance for Gou to speak about his priorities to employees and the media.The comments came a day after a Hon Hai unit, Foxconn Industrial Internet Co., said it expects to spend 27.3 billion yuan ($4.3 billion) on next generation projects and hold an initial public offering in China. Source: bloomberg.com Share This:

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