Tag: investing

Crypto exchange giant Binance has announced that it will invest more than USD$2.5 million in TravelbyBit, the Australian startup that facilitated the world’s foremost digital currency-friendly airport in Brisbane. In a statement released on October 3, 2018, Binance will work with TravelbyBit to establish a global point-of-sale (POS) payment system, integrating blockchain technology into major airports throughout the world. Facilitating…

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Vision Hill Advisors, cryptocurrency fund managers, carving themselves in the niche, published a report on September 20, 2018, proposing a new framework that could be used as a benchmark within the crypto asset industry. Hedge Fund Manager vs. Independent Investment As users purchasing cryptocurrency are exposing to themselves to an asset class that can either give them triple-digit returns or…

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Over 55 percent of bitcoins currently sit in wallets that have never made an outgoing transaction and have balances upwards of 200 coins, Diar reported on September 17, 2018. Whale-Sized Wallets Dominate the Market Long-term investors are keeping the faith in the king of cryptocurrencies despite the bears market in 2018, a data-crunching report from Diar showed. According to the…

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Eagle-eyed investors are constantly seeking financial instruments that have the potential to generate high returns. Sometimes their investment hopes go up in smoke, alas. Experienced traders will have noticed how the medical marijuana market has exploded – in 2017 record growth for the legal cannabis industry saw total economic output reach $16 billion last year – and could well be…

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Canada’s first and only regulated bitcoin fund has now achieved mutual fund trust status enabling high-net-worth investors to hold bitcoin investments in their registered accounts. The fund includes registered retirement savings plans and tax-free savings accounts, First Block Capital announced in a September 10, 2018, press release. Canada Could Become World Leader in Regulated Crypto Investments First Block Capital, Canada’s…

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FOMO 3D or (fear of Missing Out 3D) is a blockchain-based game that was launched in July 2018. The game is straightforward: A user needs to buy keys using the ether token, hold them and earn profits on them. The game is played by four teams which are named: Snek, Bull, Bear, Whale. All the teams have their own characteristics which…

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According to The Indian Express, Amit Bhardwaj, the Bitcoin scam mastermind, threw expensive parties and investor summits in Dubai and Macau only to deceive his investors of their funds. Bitcoin Scammer Tricks Investors by Throwing Lavish Parties Three of the 16 investors who lodged a complaint with the Chandigarh Police stated that they were cheated of almost Rs15 Crore (approximately…

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In August,  South Korea has begun establishing itself as a global leader in blockchain acquisition and application. Competition Breeds Innovation The South Korean technology giants Samsung and LG have been mainstays in the consumer electronics market for years often going head to head with Apple and GE for global market share. In early 2018 Seoul even committed itself to a…

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A South Korean businessman has unfortunately lost $2.3 million worth of bitcoin after he exchanged the cryptocurrency for crude, photocopied fake Euros. The Hard Fork reported on August 20, 2018, that a Serbian man and his accomplice managed to lure the South Korean businessman with the false intention of investing in his business. After the South Korean reported the situation…

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On August 19, 2018, Oki Matsumoto, chief executive of Monex group of Japan, voiced his opinion on cryptocurrencies being the future for the finance industry. Matsumoto’s Is a Visionary With a Futuristic Approach Tokyo-based Monex marked its foray into the cryptocurrency industry via the acquisition of Coincheck, the exchange that was a victim of a recent hack, with the belief…

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