Search Results for "investing"
China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides
Investment activity in China’s tech sector has seen a massive drop in the past four months since the coronavirus outbreak has emerged from the city of Wuhan. The venture capital market has been suffering a tremendous impact on its existing drop in activity.
Romanian Programmer Confesses to Orchestrating BitClub Crypto Scam Worth $722 Million
Silviu Catalin Balaci, a 35-year old Romanian citizen living in Germany, has owned up to helping create BitClub Network, a crypto mining Ponzi scheme that siphoned off investors’ funds worth $722 million.
Bitcoin Provides a Check Against Economic Mismanagement, says US Politician
US politician Ro Khanna has shared a tweet that is bullish on Bitcoin. He also advocated for sustainable cryptocurrency mining operations.
Anthony Pompliano Says Bitcoin Price Correction Indicates BTC has Moved from Weak to Strong Hands
Bitcoin's current price correction has been noted by Anthony Pompliano as an indication that BTC has been moving from weak hands to strong hands.
Sofi BitLicense Receives NYDFS Approval
The New York Department of Financial Services (NYDFS) has approved the SoFi BitLicense, a subsidiary of Social Finance, thereby agreeing and allowing its residents to get involved in digital currency trading.
Grayscale Survey: 55% of US Investors Like Bitcoin in 2020
Grayscale Investments has released a report dubbed Bitcoin Investor Study 2020 showing that 55% of US investors are keeping a watchful eye on purchasing Bitcoin in 2020.
Bitcoin Network Mining Difficulty Nears ATH as Institutional Investors Dismiss BTC Price Volatility
Bitcoin’s network mining difficulty has risen by 8.9 percent today, and is now only 4.4 percent below its all-time high.
Bakkt Launches Two New Regulated Trading Products Ahead of Schedule
Bakkt launched its market for physically-settled Bitcoin futures in September this year, just launched its Options tied to its Bitcoin futures today.
Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon
A recent survey of 300 senior executives at US-based mid-sized financial institutions found that more than half of bank and credit union executives view Big Tech companies like Amazon and Google as significant threats to the banking industry. Meanwhile only a third believe financial technology (fintech) firms will be a threat in the future, but are they sleeping on Square, Jack Dorsey’s financial technology venture whose stock price recently recorded a 20 month high.
Twitter CEO Endorses Bitcoin For Black America
According to his tweet on February 23rd, while promoting the book discussing Bitcoin’s huge potential benefits to the African-American community, Jack Dorsey, CEO of Twitter who is no stranger to controversies in the media, used the fanbase of his Twitter platform for this cause.
Blockchain and Beer: World’s Largest Brewer is Assisting Unbanked African Farmers Using Blockchain
Anheuser-Busch InBev (AB InBev), the largest beer company in the world, has created a blockchain-based system in collaboration with BanQu, a blockchain-as-a-service software company, to assist small-scale African farmers to show that they are suppliers of the drinks behemoth.
Canadian Investment Fund Manager Receives ‘Favourable Ruling’ From Regulators to Offer Bitcoin Fund
Canadian investment fund manager 3iQ Corp. announced on Oct. 30 that it had received approval from its public hearing by the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund that will be listed for trading on a major Canadian stock exchange.