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How MakerDAO Works – The Stablecoin Explainer

30.5.2019
The most popular decentralized finance application on ethereum, MakerDAO, was built to keep a stablecoin's price stable. Under the hood, it's quite complex, featuring two separate tokens, a lending system and even a voting process. Here's how it works

South Korea Finds Itself in a Tough Spot Following Huawei Ban

29.5.2019
The banning of Huawei by the United States has sparked off a meltdown in the markets, but it has also made life uncomfortable for a range of countries which fear diplomatic awkwardness due to the issue. South Korea is one such nation, and currently, the Asian country finds itself in a tough spot...

Sony to be sued in Australia over Illegal Store Refund Policy

29.5.2019
The refund policies of many large corporations have often fallen foul of the local laws across the world over the years, and in a new development, Sony has found itself in the crosshairs of Australian laws. Over the course of the past few decades, the onset of globalization has led to some of...

Crypto Assets Outshine Most Traditional Investments in 2019

29.5.2019
Last year, cryptocurrency proponents either complained about the low prices or celebrated the fact they could obtain cheaper coins. 2019 has been an entirely different story, however, as digital assets have started to gain significant value in comparison to traditional assets like stocks, oil,...

Tencent to Overhaul Overseas Strategy after ‘Honour of Kings’ Failure

28.5.2019
Replicating the success that a mobile game enjoys in one market can be tough when the game is offered to a global audience, and that is what Tencent Holding found out with the failure of the mega-hit mobile game ‘Honour of Kings.’ Before making the game available at a global level, the game...

Facebook and Microsoft Pledge to Help Canada Conduct a Clean Election

28.5.2019
Fake news, automated accounts, and targeted advertising of spurious content to Facebook users have been some of the biggest problems that have affected elections in many democracies across the world, over the past few years. The internet was weaponized in a devastating fashion as the flow of wrong...

Huawei Reviewing Ties with FedEx After Diverted Packages Claim

28.5.2019
One of the big casualties of the trade war between the United States and China has been the Chinese tech giant Huawei. The company has not only been banned from supplying telecom equipment to US companies, but last week it was blacklisted as well, and before long, no American company will...

Lupin Shares Crash Following US FDA Observations About Goa Plant

28.5.2019
Over the past two and a half decades, Indian generic drug companies have become one of the most dominant players in the industry, and in that regard; Lupin Ltd remains one of the most influential. However, as everyone knows, these companies depend on the United States market for a large bulk of...

South Korean Won Gets Hammered With Increase In Foreign Investments

27.5.2019
The rise in trade by South Korean investors in foreign stocks and bonds in the previous quarter is threatening to push the Won currency further down. An increase of 51 percent was observed in foreign stocks and bond trades by Korean investors in the last three months alone according to data...

Huawei’s Plight To Help Samsung Gain Larger Market Share

27.5.2019
Huawei Technologies has become the centerpiece in the rising dispute between the US and China. With Huawei becoming the second largest seller of smartphones globally, the issues facing the company have taken on a more serious turn. Huawei was initially founded in 1987, following which it expanded...

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