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How The Casino Industry is Gaining Profit Amid The COVID Lockdown

How The Casino Industry is Gaining Profit Amid The COVID Lockdown

Analysts from Morgan Stanley have predicted in a recent online publication that the impact of Coronavirus in the U.S., which has led to the shutdown of casinos, could lead to faster growth of the online sports betting industry, and online casinos. The countrywide lockdown that was instituted to control the spread of Covid-19 has spurred an interest in online gambling for individuals involved in the industry, as well as attracting new customers.

Why Switzerland is Fast Becoming a Global Hub for Blockchain Industry

Why Switzerland is Fast Becoming a Global Hub for Blockchain Industry

Switzerland is fast adopting innovation and blockchain and is positioned to create a huge impact on other economies.

The Global Blockchain Congress 2019: Blockchain and its impact in sustainability, stable coins, privacy and other disruptive technologies

The Global Blockchain Congress 2019: Blockchain and its impact in sustainability, stable coins, privacy and other disruptive technologies

The Bank of Japan, the World Trade Organization, the Inter-American Development Bank and the World Economic Forum will participate in a global congress where a direct dialogue will be established to outline the future of the industry.

PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030

PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030

Findings from PwC indicate that by 2030, blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion.

World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge

World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge

The World Economic Forum (WEF) suggested that leaders around the world need to do more to ensure a quicker and more sustainable recovery for the global economy caused by the COVID-19 pandemic. Amongst the 350 top risk professionals in the world surveyed, these risk managers expect a prolonged global recession, as a number of areas of concern were identified in the report compiled by the Forum’s Global Risks Advisory Board, Marsh & McLennan Companies Inc, and Zurich Insurance Group.

Morgan Stanley Chose This Year’s Best Safe Haven Asset—It’s Not Bitcoin

Morgan Stanley Chose This Year’s Best Safe Haven Asset—It’s Not Bitcoin

The Morgan Stanley analysts said that although the Japanese yen and the Swiss franc remain safe havens, their dynamics are shifting.

Why Cryptocurrency Is Not A Viable Global Reserve Currency to Replace the US Dollar

Why Cryptocurrency Is Not A Viable Global Reserve Currency to Replace the US Dollar

With the recent rise of cryptocurrency, there have been talks about the digital currency poised to become a global reserve currency, thus replacing the U.S dollar. Based on the virtual currency’s potential, it can become the next global hedge currency. But let us look at the facts in the financial market, especially from the dimensions of regulations, digital currency, and fiat currency. This move would help us understand whether the claims hold water.

Binance China and Xinyuan Group to Expand Blockchain Utility in Global Real Estate

Binance China and Xinyuan Group to Expand Blockchain Utility in Global Real Estate

Binance China Blockchain Institute, the research arm of global exchange Binance has formed a strategic partnership with Xinyuan Group to further the application of blockchain technology in the global real estate industry—including New York.

Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Square has announced that it has successfully launched COPA to empower blockchain and crypto companies and to protect them from patent hoarding trolls.

Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform

Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform

Decentralized applications startup Near Inc announced $21.6 million tokens raised led by venture capital firm Andreessen Horowitz (a16z). Joined by other investment firms, including Libertus, Animal Ventures, Notation Capital, Blockchange, Pantera Capital, and Distribution Global, the token sale is the network’s second funding, following a $12.1 million round last July.

MAXathon: An online hackathon to tackle global pandemic related challenges with blockchain technology!

MAXathon: An online hackathon to tackle global pandemic related challenges with blockchain technology!

A global leader in the technology and blockchain industry, Maxonrow is thrilled to be hosting the first-ever MAXathon. This digital hackathon will challenge participants to reimagine the use and applications of blockchain for health and sanitary solutions in response to the COVID-19 pandemic. With €15,000 in prizes available, blockchain experts, developers, and other tech enthusiasts will compete in a battle of innovation from September 5 to October 3, 2020.

ECB President Pushes for Digital Euro but Calls for Global Bitcoin Regulation

ECB President Pushes for Digital Euro but Calls for Global Bitcoin Regulation

Christine Lagarde, European Central Bank president, said the Bitcoin has been used for money laundering activities and is calling for global regulation of the cryptocurrency.

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