Ripple's Xumm Banking App Will Soon Be Ready for Mass Adoption

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News Date: May 25, 2020

On behalf of Ripple, XRPL Labs has developed the banking app Xumm, which is based on the bridge currency XRP and should offer the same extensive functions as a bank account. The app works completely without third parties such as banks or other financial institutions and offers cross-border transactions in real-time.
Source:coinspeaker.com

Bank Of England: Cash Is Trash

Last week the U.K. Bank of England raised interest rates to 1.75%.
This was meant to seem butch, but frankly 1.75% interest rates is historically the equivalent of zippo. The market didn't care much.
The 1 yen coin used to be gold, it is now aluminum.
The yen never recovered from its periods of inflation, but Japan's economy did and huge wealth was created, so in the end in periods of inflation, cash is trash.
Sources: forbes.com

Zero Point Energy Declassification

Trumps revenge will be Declassification of Zero Point Energy! Off-world vehicles not made on this Earth.
The quantum field theory predicts that there exists an energy of the vacuum resulting from the non-zero zero-point energies of the quantum fields that fill our universe.
Imagine if we could collect the energy out of thin air. And I mean it quite literally.You know how you were taught that a vacuum is nothing but empty space? That isnt exactly true, at least in the world of quantum mechanics. If you dive deeper, below the level of molecules, atoms, electrons and protons, and into the world of the tiniest subatomic particles, like quarks, you will see that even the vacuum of space can never be truly empty. It is filled with particles that randomly pop in and out of existence.But the exciting thing about those these fluctuating particles is that they generate energy that we could, hypothetically, put to good use.
Sources: twitter.com, beforeitsnews.com, www.youtube.com

WH can take executive action on the stimulus anyway

Congress could agree on the stimulus package deal Friday but Trump floats executive action even if stimulus deal is reached.
White House is finalizing a series of executive orders addressing key coronavirus stimulus priorities if negotiations with Congress fall apart.
"I wouldn't be surprised that, if something gets left off the table, we'd be like "we can take this executive action too and be able to win on it anyway," one official said.
Sources:www.cnet.com, www.axios.com

PayPal, Venmo to Roll Out Crypto Buying and Selling

Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.
Currently, PayPal can be used as an alternative means for withdrawing funds from exchanges such as Coinbase, but this would be a first in terms of offering direct sales of crypto.
Source:coindesk.com

Space Force Supra Coders

The first 15 Supra Coders are already empowering the Space Force to be a lean and agile service by making improvements to processes, and developing new software for Guardians across the Space Force.
Supra Coders fix space software problems on the fly.
A new Supra Coder program within Space Operations Command deltas, Space Force's tactical-level units, provides software coding training for space operator Guardians so they can fix software issues quickly without having to wait for contractors or software experts.
Sources: www.spoc.spaceforce.mil