Apple Seeks to Bowl Over Indians With New Cricket Ad

Apple Inc. (AAPL) may symbolize the highest ideals of technology and dominate the market in the U.S., but 8,000 miles away, India is a completely...

View Full Post
Apple Inc. (AAPL) may symbolize the highest ideals of technology and dominate the market in the U.S., but 8,000 miles away, India is a completely different story. The brand is either scoffed at as pretentious/overrated or perceived as a desirable status symbol that offers little value for money. Indians are known to be pragmatic spenders,...

Why Uber IPO Is Overvalued: Aswath Damodaran

Many members of the 2019 class of tech unicorns have been closely watched as investors seek to bet on future market giants. Ride-hailing giant Uber anticipates that...

View Full Post
Many members of the 2019 class of tech unicorns have been closely watched as investors seek to bet on future market giants. Ride-hailing giant Uber anticipates that the price of its initial public offering will be between $44 and $50 per share, which would give it a valuation of up to $91 billion, accounting for stock options...

Crypto Fraudster Gets $1.9M Fine

The Commodity Futures Trading Commission (CFTC) has been successfully working on identifying crypto perpetrators, with a case it recently brought resulting in a hefty fine for the...

View Full Post
The Commodity Futures Trading Commission (CFTC) has been successfully working on identifying crypto perpetrators, with a case it recently brought resulting in a hefty fine for the offender. The CFTC announced  July 23, that the defendant in its latest lawsuit, a company called The Entrepreneurs Headquarters (TEH), will have to pay over $1.9 million in civil monetary penalties and...

Blockchain To Help Avoid Global Financial Crash

According to the China Economic Times, Pang Huadong, the former vice president of North American investment banking at JPMorgan Chase has said that blockchain “may be the key to...

View Full Post
According to the China Economic Times, Pang Huadong, the former vice president of North American investment banking at JPMorgan Chase has said that blockchain “may be the key to avoiding the next global financial crisis.” Currently, Huadong is an honorary academic advisor of the Asian Blockchain Institute. He explained that while working at JPMorgan at the peak of the...

Mike Novogratz: Crypto, Blockchain Mass Adoption In ‘5 to 6 Years Away’

As per Blokt blockchain and tech news outlet report July 19, CEO and founder of crypto investment company Galaxy Digital, has shared his views on mass adoption...

View Full Post
As per Blokt blockchain and tech news outlet report July 19, CEO and founder of crypto investment company Galaxy Digital, has shared his views on mass adoption of crypto and blockchain technology. According to his prediction, it is “still five to six years away.” Speaking at the Beyond Blocks conference in South Korea, Novogratz, a former Wall Street executive, expressed confidence...

Howard Marks: Bitcoin Is ‘Grater Fool Theory’ Investment

At the 2018 Delivering Alpha conference in New York on July 18, Howard Marks, the co-founder of Oaktree Capital Management, whose net worth tops $1.9 billion,...

View Full Post
At the 2018 Delivering Alpha conference in New York on July 18, Howard Marks, the co-founder of Oaktree Capital Management, whose net worth tops $1.9 billion, said bitcoin would eventually fizzle out and prove that it never had any substance. According to the billioner, bitcoin is not a worthwhile long-term investment vehicle, but merely a short-term...

Spanish Cafe And Taxi Accept TRON

On July 16, Justin Sun, the owner of the Tron platform and its cryptocurrency TRX, tweeted in his account that people could pay for their taxi ride...

View Full Post
On July 16, Justin Sun, the owner of the Tron platform and its cryptocurrency TRX, tweeted in his account that people could pay for their taxi ride using Tron (TRX). He just retweeted a headline made by a taxi driver from Almuñecar, a town in Spain. The driver had posted a printout of his TRX address QR code...

Peter Gabriel Invests In Blockchain Startup For Food Transport

According to a press release July 18, British pop star Peter Gabriel has invested in blockchain startup Provenance. Among the investors of U.K.-based Provenance such giants as Working Group...

View Full Post
According to a press release July 18, British pop star Peter Gabriel has invested in blockchain startup Provenance. Among the investors of U.K.-based Provenance such giants as Working Group Capital Fund, Digital Currency Group, Merian Ventures, and Plug and Play. As per the press release, the goal of this blockchain project is to create better transparency in food transportation by...

Philippine Special Economic Zone Grants Licenses to Crypto Exchanges

According to the Manila Times reported July 10, for operating in the economic zone three cryptocurrency exchanges have granted temporary licences issued by the Cagayan Economic Zone Authority (CEZA)...

View Full Post
According to the Manila Times reported July 10, for operating in the economic zone three cryptocurrency exchanges have granted temporary licences issued by the Cagayan Economic Zone Authority (CEZA) of the Philippines. CEZA expects to attract $3 million of investment following the issuance. CEZA is a state-owned corporation that controls the Cagayan Special Economic Zone and Freeport operations. In April, the...

Schools Offer Online Crypto Courses

According to a Financial Times report  July 9, the London School of Economics (LSE) is offering an online course on cryptocurrency investing. The course starts in August...

View Full Post
According to a Financial Times report  July 9, the London School of Economics (LSE) is offering an online course on cryptocurrency investing. The course starts in August 2018. Per the announcement, the new course “Cryptocurrency Investment and Disruption” is for students interested in learning some “practical skills to interact with cryptocurrency exchanges.”  It will also teach students how...