Category: Finance

Information has emerged revealing that R3 is considering going public via an IPO. The blockchain software company which is backed by more than 200 of the world’s most prominent corporate names including Intel Corporation, Microsoft Corporation, Wells Fargo & Co., and US Bancorp is reportedly speaking with advisers about the proposed IPO, with no firm decision in view yet. Potential…

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Pundi X, a crypto Point of Sale (PoS) machine and network developer, has secured a deal with FAMA Group to supply crypto PoS machines to restaurant chains and cafes across Hong Kong. In an interview with local publication iNews24, Pundi X co-founder and CEO Zac Cheah said stated the high adoption rate of cryptocurrencies in Southeast Asia and the lack of infrastructure…

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Billionaire Steven Cohen, the founder of Point72 Asset Management, is reportedly jumping on the crypto bandwagon with his first investment in a crypto hedge fund Autonomous Partners. Cohen would be investing in the crypto hedge fund through his private investment vehicle, Cohen Private Ventures. With all his three decades of successful entrepreneurial and asset management experience, Cohen’s investment in cryptocurrency comes…

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Sports collectibles have always had a large market, even outside of cryptocurrency. Now, Major League Baseball (MLB) is preparing for an overhaul of the traditional market. The sports league announced that it has tied up with blockchain gaming company Lucid Sight. The licensing deal will allow commercial use of MLB proprietary rights. Ultimately, Lucid Sight will launch a blockchain-based MLB…

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At a time when central banks and other heavyweights in the traditional finance sector are busily stating reasons why bitcoin and the entire cryptocurrency ecosystem can’t function as fiat money, highly reputable serial entrepreneur Jeffrey Wernick has come up with ideas why he thinks the world’s legacy finance system is faulty. Central Banks Are not Accountable In an interview with…

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Volatility. It is perhaps the singular word that best encapsulates the cryptocurrency market and how people look at it. For crypto skeptics, volatility is their indicator to stay clear of risk. However, for crypto enthusiasts, volatility is the number one sign that faster and more meaningful returns are close at hand. Indeed, both of these groups of people are correct,…

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The number of blockchain conferences around the world continues to grow. This technology is reportedly as innovative as the Internet and thus only a matter of time before it is a necessary technology to have to compete in the business world. Attend one of these conferences and gain useful knowledge about the future of the financial industry. North America Online…

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On July 13, 2018, an 11-count federal indictment was filed against twelve Russian military intelligence officers allegedly infiltrating Hillary Clinton’s presidential campaign in 2016. The accused used cryptocurrencies to finance their operations and avoid the strict financial scrutiny that accompanies fiat operations. Russian Intelligence Held Responsible Digital Trends reported the misuse of cryptocurrencies by Russian intelligence officials to publicize stolen…

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In June, Todd Colvin, an analyst at Ambrosino Brothers, mentioned to CNBC’s “Futures Now” that it’s very difficult to be optimistic about the cryptocurrency market in the short term. Uncertainty regarding security and regulations, alongside a lack of accessibility to digital currencies, has resulted in the current bearish crypto market, in Colvin’s opinion. However, Colvin believes that adjustments and additions…

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Ripple has transitioned and evolved as a consistent performer amidst the existing crypto businesses. A dedicated leadership and decision-making approach throughout the past few years has contributed to their success. Key talent acquisitions point toward continued success for the company. Today, Ripple is all set to welcome two distinguished personalities to its core team. David Schwartz, who previously served as…

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