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Alibaba’s Massive $15 Billion Listing in Hong Kong Postponed
21.8.2019
It is a well-known fact that some of the biggest companies in China almost always have their initial public offerings in the United States and that was the case with Alibaba when it had its mega IPO in New York around half a decade ago. The biggest e-commerce company in China has grown at...
The World Bank Sells Additional 33.8 Million USD of Its Private ETH Blockchain Bonds
20.8.2019
According to the latest buzz, the World Bank has successfully issued the 2nd bout of its iconic blockchain bonds. Additional 50 million Australian dollars (worth about 33.8 million United States Dollars) have been raised by the Bank. It was accomplished through sales of the bond-i (debt instrument...
Santander to Introduce Ripple Powered One Pay FX Remittance Service in Latin America
19.8.2019
Santander Group, one of the largest banking conglomerates in the world, will be increasing the use of Ripple’s services, by introducing the Ripple powered remittance service, One Pay FX in Latin America. The banking giant from Spain is building a payment corridor, which would enable users Latin...
Chinese Credit Card Repayment Company Samoyed Cancels US IPO Due to ‘Unfavourable Market Conditions’
17.8.2019
The raging trade war between the United States and China is something that is almost always going to be on the background of any business deals that might be taking place, which involves entities in either nation. In a new development, Chinese Fintech company Samoyed Holdings Limited has decided...
Alibaba Co-Founder Joe Tsai All Set to Splash $3.3 Billion to Buy the Brooklyn Nets and Barclays Center
17.8.2019
Over the course of the past two decades, ownership of sports teams has become one of the most important trends among the billionaires of the world, and it is all set to continue. Billionaires and the ultra-rich have bought sports team in the United States and soccer clubs in Europe quite frequently...
US Aviation Regulator FAA Bans Some MacBook Pro Laptops from Flights
15.8.2019
When it comes to flights, regulators need to be extremely careful about what they allow onboard and what not. Even the slightest spark of fire on board can result in a gruesome accident and hence, most aviation regulators across the world take a dim view of anything that could prove to be a fire...
Seed SEF Starts Testing of Its Physically Settled BTC Swaps
15.8.2019
Seed SEF (Swap Execution Facility) has begun the UAT (User Acceptance Testing) of its physically settled Bitcoin derivatives, as announced by the firm on 13th August 2019. The testing will continue until early August. The company’s UAT environment is now open for clients to commence trading...
Three of the World’s Biggest Tech Companies to Testify Against French Digital Tax in US
14.8.2019
Over the past two decades, some of the biggest tech companies in the world originated in the United States, but it was not long before those companies expanded into the rest of the world. As long as those companies operating in the United States, they were governed by tax laws in their native...
Head of FTC says He is Willing to go After Big Tech and Break the Companies Up
14.8.2019
If there is one thing that has been established beyond doubt, then that is the fact that much of the world is now heavily influenced by some of the biggest tech companies. Hence, over the past few years, there has been the talk among regulators and critics of the tech industry that many of...
SEC Lodges Emergency Action Against Fraudulent Organizer of VERI ICO
14.8.2019
The United States Securities and Exchange Commission (SEC) has sought that the assets belonging to the organizer of VERI (Veritaseum) initial coin offering, Reginald “Reggie” Middleton, be frozen. The Commission has accused Middleton for conducting an illegal and fraudulent ICO for the VERI coins...
PlexCorps and United States SEC Reach Settlement
13.8.2019
According to the latest reports, the case between PlexCorps and the United States SEC (Securities and Exchange Commission) has reached a settlement. Both the individual defendants have given their written consent to pay the fines and refrain from participating in the activity of digital securities...
Banking Giants JP Morgan and Goldman Sachs Caution against Chinese Stocks as Trade War Continues
13.8.2019
The continued trade war between the world’s two biggest economies, the United States and China, has proven to be the biggest economic issue in this decade. On top of that, there is still no sign that the trade war is going to be resolved any time soon, and that has made life extremely different...
Tumblr to be Sold to WordPress Owner Automattic Inc by Verizon
13.8.2019
As the internet has grown more and more influential, plenty of internet properties have been developed by a range of companies. It is important to note that beyond the big names like Facebook or Twitter, plenty of highly influential blogging websites have also been developed and one of the most...
Venezuela National Lottery will Reward the Winners in BTC and Country’s Native Crypto- Petro
13.8.2019
The crypto is enjoying special attention in South America. The people from Argentina are paying a premium for cryptos. On the other hand, there are crypto prizes being offered in the Venezuelan national lottery. The interest in the cryptos is getting stronger, especially when the election’s results...
Humble Starting of a Beast: DeFi Ecosystem has $481 Million locked in
13.8.2019
DeFi (decentralized finance) is the new hot sector in the crypto sphere, and it is growing at a fast pace to take over the conventional financial systems, giving decentralized freedom to the users all across the world. For instance, InstaDApp, and Compound, which are ETH based decentralized...
US DOE Dedicates $1.05 Mil to Blockchain Energy Management Platform
10.8.2019
The US Department of Energy grants $1.05 million to expand a blockchain-based energy management platform to the public
Texas Securities Watchdog Shuts Down Craigslist Crypto Scammer
9.8.2019
Texas securities regulators issued a cease and desist order against an alleged crypto scammer advertising on Craigslist
BTC-e’s Vinnik Case Drags on as New Accusations Continue Emerging
9.8.2019
The U.S. has filed a new indictment in an ongoing tug-of-war with Russia over the fate of the accused BTC-e operator
Bitcoin Price Likely to Hit $15,000 Soon, Predict Financial Experts
9.8.2019
One of the primary purposes behind Bitcoin (BTC) picking up recognition as a safe-haven asset is, it permits speculators to invest money in cryptocurrency when the markets look wavering. With advancing trade pressures between the United States and China, just as developing vulnerability around...
Operation Food Search Gets $30,000 Donation from Bank of America
9.8.2019
As everyone knows, homelessness and hunger are problems that affect not only the poorer nations of the world but also in highly developed countries like the United States. Over the past decades, plenty of nonprofit organizations have come into existence which is involved in fighting against hunger...