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monart Wants to Revolutionize the Contemporary Art Market
Paris, France, March 20, 2019 — monart bring Art in a new Era, and become the 21st century Christies. monart wants to disrupt the current 67. 4 billion $ a year art market, and to open this market to the wider public. дальше »
2019-3-25 13:23 | |
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WeChat Pay to reportedly take on Google Pay and Paytm in India later this year
Chinese tech giant Tencent is looking to enter India‘s payment market with a UPI-based (Unified Payments Interface) WeChat Pay app, according to Entrackr. The report notes Tencent execs met with the National Payment Corporation of India (NPCI) three weeks ago to discuss obtaining a license, with plans to launch the service in May or June. дальше »
2019-3-22 14:11 | |
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Russian Gold Stockpile Grows as Analysts Warn of Global Recession
Following sanctions imposed on Russia, Putin is supporting a mass gold stockpile expansion and a sale of U. S. debt holdings. With a trade war blazing, and sanctions laid across countries to force North Korea and its associates into submission, what happens to other economies? Countries like Russia are using this opportunity to step away from America’s mounting debt. дальше »
2019-3-22 23:00 | |
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‘Bitcoin Bank’ Silvergate Says Crypto Client Base Climbed 122% in 2018
Silvergate Bank, which bills itself as the “leading provider of innovative financial infrastructure solutions and services to participants in the digital currency industry,” has disclosed in a preliminary prospectus filed with the U. дальше »
2019-3-21 00:30 | |
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Crypto Bubble Chaser’s Last Warning: Analyst says Time to Take Profit on BNB Coin
The 8th largest cryptocurrency by market cap of $2.1 billion, Binance Coin (BNB), the native token of biggest cryptocurrency exchange, Binance has been enjoying the gains since this year started but is it time for BNB rally to call it quits, analyst and traders think so. if you still havent taken profit on $BNB, this […] дальше »
2019-3-20 17:50 | |
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Cannabis Stock Short Sellers are Getting Smoked, Lose $1.7 Billion in 2019
It’s been a great year for cannabis stock investors, but cannabis short sellers are getting burned. Not only are short sellers enduring heavy paper losses as cannabis share prices surge higher, a new report by financial technology and analytics firm S3 Partners suggests the fees to maintain open short positions are on the rise. дальше »
2019-3-13 20:33 | |
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Everything we know about Apple’s unexpected March 25 event
For months, Apple has been rumored to be working on a streaming video service, and it looks like the company will finally unveil its next offering on March 25. It’s sent out invites for an event at its new campus, with the tagline ‘It’s show time. дальше »
2019-3-12 16:31 | |
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Bitcoin Mining Giant Canaan Secures New Funding in ‘Hundreds of Millions of Dollars’
Canaan Creatives, the world’s second-largest bitcoin mining chipmaker, has raised ‘hundreds of millions of dollars’ in a new financing round. STCN reported that the latest funding pushed Canaan’s worth to at least a billion dollar. дальше »
2019-3-12 14:17 | |
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OxyContin-Stained Sackler Fortune Too Toxic for This Woke Hedge Fund
Under fire for fueling the opioid crisis, the billionaire family that controls OxyContin maker Purdue Pharma LP has been booted from a large hedge fund, the Wall Street Journal reports. Hildene Capital Dumps Family Behind OxyContin Fortune Last year, Hildene Capital Management, which manages some $10 billion in client assets, notified Sackler family investment entities that it would no longer handle their money. дальше »
2019-3-11 03:30 | |
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There’s a $1.6 Billion Problem with Elon Musk’s Plan to Close Tesla Stores
In a complete reversal, Tesla revealed that it would work to move all sales online, just a year after touting the expansion of Tesla stores and galleries. Tesla Backtracks on Retail Store Expansion The 2017 annual report published in February 2018 read: “Our Tesla stores and galleries are highly visible, premium outlets in major metropolitan markets, some of which combine retail sales and service. дальше »
2019-3-11 02:00 | |
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ABC’s The Dropout podcast offers a startling glimpse into the Theranos debacle
In 2004, 19-year-old Stanford University student Elizabeth Holmes dropped out of her chemical engineering program to incorporate a company she had founded the previous year; her plan was to revolutionize blood testing to make it faster, easier on patients, and far more accessible than existing methods allowed. дальше »
2019-3-8 10:42 | |
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Uber-Killer Grab Prepares for War in Asia by Raising $1.5 Billion
The cash-grab brings the Singapore tech firm’s valuation up to $14 billion, according to press reports. Singapore-based ride-hailing firm Grab has packed its war chest with $1. 5 billion in fresh equity financing from Soft Bank’s Vision Fund this week. дальше »
2019-3-7 00:31 | |
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Blockchain Could Soon Be Used to Trace Organic Cotton Thanks to Bext360 Agricultural Project
The increase in interest in organic materials in fashion is growing, and the global market for just organic cotton alone has risen to $15 billion. The growth in production has grown in the double digits each year, but companies are having a hard time keeping up with the demand from consumers. The current supply chain […] дальше »
2019-3-5 08:34 | |
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Square’s Surging Bitcoin Business Will Restore Confidence in Crypto
Square, the $31 billion payments giant, processed over $166 million in Bitcoin purchases throughout 2018. Square Bitcoin Revenue Eclipses $50 Million in Q4 According to the firm’s Q4 shareholder letter, Square processed the sale of $52. дальше »
2019-3-1 19:58 | |
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Singapore Govt’s Wealth Fund Invests in Coinbase’s $300 Million Round
GIC Private Limited, the sovereign wealth fund of Singapore, was one of the investors in Coinbase’s $300 million fundraising round last year, it has now been revealed. While there were other investors in the Series E round, GIC’s participation was closely guarded until now, per Bloomberg. дальше »
2019-2-28 13:29 | |
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Venture Capital Seems Persuaded to Invest in the Cryptocurrency and Blockchain Industry
During the last year, cryptocurrencies have experienced a very hard year in terms of price action. Indeed, most of the digital assets fell more than 90% since their all-time high. Most of the tokens released through Initial Coin Offerings (ICOs) have almost disappeared or been abandoned. дальше »
2019-2-26 18:58 | |
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Satoshi Games Ups the Ante for Online Gamers
In 2018, the video game industry generated more than $130 billion in revenue, which is an increase of about 13 percent over the previous year. There’s no doubt that video games are big business, but where is the industry headed? A few years ago, the media was reporting that the future of gaming was inRead MoreRead More. дальше »
2019-2-26 06:00 | |
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Here are the 5 hottest startups in Germany
By Marta Dawydzik and Andrea Hak When you hear underground techno clubs with permissive raves and more museums than rainy days per year, there is only one city that comes to mind: Berlin. Aside from the eccentric party driven artist’s haven its known to be, Berlin is also the birthplace of one of Europe’s first tech hubs. дальше »
2019-2-25 12:15 | |
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Failing Deutsche Bank Lost $1.6 Billion, Conspired to Hide Bond Bet Gone Wrong
Germany’s largest lender Deutsche Bank is in the news again for the wrong reasons. According to the Wall Street Journal, Deutsche Bank lost approximately $1. 6 billion over a decade in a bond bet gone awry. дальше »
2019-2-25 11:25 | |
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Bitcoin Skyrockets Over $4150 as Ethereum, EOS, XRP, XLM and Ontology (ONT) sees Massive Increase In Price
The Crypto Market is Taking a Bullish path as all Cryptocurrencies in the top 20 are all in green and not showing signs of retreat, The Entire Crypto market cap is now at over $140 Billion which is the highest since the start of the year. дальше »
2019-2-24 08:19 | |
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Ethereum (ETH) vs Ripple (XRP) Price Watch: Battle for Second Spot Wages On in Crypto Market Rally
Ethereum and XRP have been fighting for the second spot based on market cap ever since XRP first surpassed it back in September of last year. At the time of writing Ethereum is in second place at $16. дальше »
2019-2-23 21:01 | |
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Will Crypto ICO Creators Get Any Do-Over Second Chance Mulligan With The SEC For Compliance?
In 2017, initial coin offerings (ICOs) were in their heyday. In fact, between July and November that year, they managed to raise a total of $3 billion amongst over 430 companies. ICOs were influenced by IPOs, which are initial public offerings, because of their success in traditional finance. However, there are many exceptions, like that […] дальше »
2019-2-21 14:54 | |
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The Government of Seoul Is Looking to Close the Blockchain Funding Gap
In yet another bold step towards becoming the next blockchain hub, the city of Seoul announced on February 18, 2019, that it will offer $1 billion in funding towards blockchain and fintech firms up to the year 2022. дальше »
2019-2-21 04:00 | |
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Bandwagon Aims to Solve Ticket Fraud With The Blockchain
Each year $2. 3 billion is spent on fake ticket sales, but a new software platform is taking the stage to eliminate ticket fraud, through the use of blockchain technology. Headquartered in Greenville, South Carolina, Bandwagon is a blockchain-based ticket authenticity and fan identity management company. дальше »
2019-2-20 00:17 | |
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Did Pre-IPO Uber ‘Lose’ $1.8 Billion in 2018, Or Aggressively Invest In Its 85% Market Share Dominance?
Uber posted $1. 8 billion in losses for 2018, an improvement over its 2017 bottom line, a loss of $2. 2 billion. At The Drive Stephen Edelstein says, “That’s bad news for Uber as the company looks to charm investors into an initial public offering (IPO) later this year. дальше »
2019-2-19 14:45 | |
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Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin
China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397. дальше »
2019-2-19 00:53 | |
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10 Elite Hedge-Fund Managers Made a Jaw-Dropping $7.7 Billion in 2018
According to the inaugural ranking of hedge fund managers by news outlet Bloomberg, the top ten highest-earning hedge fund managers made a mouth-watering $7. 7 billion in 2018. James Simmons led the inaugural list, earning $1. дальше »
2019-2-18 21:12 | |
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Nvidia Mining Chip Sales Drop 30% in Q4 Amid ‘Post-Crypto Excess’
Nvidia managed to survive declining cryptocurrency mining chip demand to post total full-year revenue of $11. 72 billion. The company forecasts an aggressive rebound for the 2020 fiscal year, but Wall Street analysts say such forecasts are overly optimistic given the lack of significant change in the market. дальше »
2019-2-16 09:00 | |
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Report: Crypto Exchanges Saw Trading Volumes Plummet in January
The crypto winter that started toward the end of last year doesn’t appear to be showing signs of slowing down. Digital assets like bitcoin lost more than 80 percent of their value while the overall crypto market cap shrunk from over $600 billion in January 2018 to less than $138 billion in December 2018. дальше »
2019-2-15 20:17 | |
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Bitcoin To Rescue For The $2.3 Billion Paid In Remittance Money Transfer Fees In India During 2018
Over $2. 3 Billion Was Paid In Money Transfer Fees In India Last Year – Would Use Of Bitcoin Bring Down Costs? Though much of the attention in money transfers is usually on speed and ease of use, the fees can add up. дальше »
2019-2-13 04:05 | |
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Chairman Misconduct Scandal Costs Nissan $84 Million amid Slashed Profit Forecast
Japanese auto giant Nissan has revised its sales and profit forecast for the full year which ends next month downwards. The carmaker now estimates that its operating profit will come in at 450 billion yen ($4. дальше »
2019-2-12 14:35 | |
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Public pensions are backing a $40M blockchain fund by Morgan Creek
A prominent digital asset firm has revealed it successfully closed a new $40 million blockchain-specific venture capital fund, thanks largely to contributions made by two public pensions. Morgan Creek Digital, a hedge fund backed by institutional powerhouse Morgan Creek Capital, has launched what it calls the Morgan Creek Blockchain Opportunities Fund, geared entirely toward investing in the digital asset industry. дальше »
2019-2-12 14:00 | |
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Public pensions back new $40M blockchain fund raised by Morgan Creek
A prominent digital asset firm has revealed it successfully closed a new $40 million blockchain-specific venture capital fund, thanks largely to contributions made by two public pensions. Morgan Creek Digital, a hedge fund backed by institutional powerhouse Morgan Creek Capital, has launched what it calls the Morgan Creek Blockchain Opportunities Fund, geared entirely toward investing in the digital asset industry. дальше »
2019-2-12 14:00 | |
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Indians Lost $2.3 Billion in Remittance Payments in 2018; Can Bitcoin Help with Near-Zero Fees?
According to The Times of India, money transfers cost citizens and non-residents over $2. 3 billion in fees last year for clearing payments into India, the world’s biggest market for inward remittance. дальше »
2019-2-12 11:55 | |
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Venezuela Did More P2P Bitcoin Trading Than Canada and India Combined in 2018
According to data scientist Matt Ahlborg, LocalBitcoins trading data concludes that Venezuela did more peer-to-peer Bitcoin trading in 2018 than Canada, India, and Australia combined. Venezuelan trading topped $235 million. дальше »
2019-2-9 11:16 | |
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Telegram’s Secretive Crypto Project is Now Just a Few ‘Minor Changes’ from Launch
Telegram’s crypto platform is now 20% further along than it was at the end of last year. According to an investor update cited in The Block, it is about 90% completed. The most important part, the Telegram Virtual Machine, is reportedly complete. дальше »
2019-2-8 04:01 | |
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Is Ripple on a Pump and Dump Mission? Mysterious 1 Billion XRP just Moved
Like several past transactions, Ripple just moved $302 million worth of XRP from one of its several escrow accounts to an unknown destination. The transaction had with it the message “Crawl… Walk… Run… ;)”. дальше »
2019-2-5 17:23 | |
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MT Gox Trustee Sold $500 Million Worth of Bitcoin on Exchanges Says New Court Evidence
MT Gox’s sale of half a billion worth of bitcoin and bitcoin cash grabbed everyones attention as blockchain data showed they crashed the market last year. However, MT Gox’s trustee, Nobuaki. дальше »
2019-2-5 15:16 | |
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Decentralized Protocols Are Making It Easier Than Ever to Gamble With Cryptocurrency
Americans wagered $140 million on the 2017 Super Bowl, but if sports betting was legal nationwide, that figure would have been closer to $5 billion, it’s believed. Save for a handful of states such as Nevada, sports betting is outlawed in the U. дальше »
2019-2-4 06:50 | |
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Mario Gamers Rejoice: Nintendo Lowers Sales Forecasts, Plans to Release Cheaper Switch Consoles
When Nintendo launched Switch some years back, it seemed the Japanese game had found a worthy successor to the Wii. The company cut its forecast for annual Switch shipments for the fiscal year from 20 million units to 17 million, an indication that the hybrid console might be struggling to acquire new users. дальше »
2019-2-3 12:44 | |
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Crypto Thefts, Scams On The Rise Finds New Research
Thefts and scams are plaguing the crypto space, which saw US$1. 7 billion worth of cryptocurrencies being stolen and scammed in 2018, a sharp increase despite a slump in the market, according to the CipherTrace 2018 Q4 2018 Cryptocurrency Anti-Money Laundering Report. дальше »
2019-2-2 15:11 | |
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Why Exchange Regulation will be good for the Cryptocurrency Industry
The cryptocurrency industry has become quite a dangerous place for investors. The trend has been around since the start of the industry, but it got worse in 2018 along with the crashing market in the same year. дальше »
2019-2-2 23:58 | |
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Mobile gaming and blockchain: MobileGo (MGO) is a front-runner
In previous years, the mobile games and other applications market has been growing at a staggering pace. Of course, this trend will continue in the near future. According to many analysts and experts, the total volume of the mobile gaming market in the next year or two will exceed 110 billion US dollars. дальше »
2019-2-1 15:55 | |
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