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Crypto backed by crypto: Dai seeks to change 'stablecoin' game

Monday, November 18, 2019, 8:55 PM

Some are backed by dollars. Others by gold. But this "stablecoin" isn't tied to any major asset it's backed by another cryptocurrency. Stablecoins, such as Facebook's (FB.O) Libra, are a new breed of cryptocurrencies that aim to escape the wild price swings that make bitcoin unworkable for commerce. They base their value on more stable underlying assets, typically traditional currencies or commodities.
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ByteDance CEO urges TikTok diversification as U.S. pressure mounts: internal note

Monday, November 18, 2019, 8:54 PM

The founder and CEO of TikTok owner ByteDance will focus on adding users of the popular video app in countries outside of its strongest markets, according to an internal staff note seen by Reuters, as it faces political pressure in the US. The video-app is especially popular with U.S. teenagers and young-adults, drawing scrutiny at a time of rising tensions between Washington and Beijing.
 
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WikiLeaks founder Assange has unsuitable computer in jail, court told

Monday, November 18, 2019, 8:52 PM

WikiLeaks founder Julian Assange is struggling to prepare for his case fighting extradition to the US because he has been given an unsuitable computer in prison, his lawyer told a British-court. Assange, 48, who spent seven-years holed-up in Ecuador's embassy before he was dragged-out in April, is wanted in the US to face 18-counts including conspiring to hack government-computers and violating an espionage law.

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