Malta is known as the "cryptocurrency heaven", as it has been one of the top destinations for crypto enthusiasts, techies and investors. Now, the country is preparing some new cryptocurrency regulations that will come into effect in November, 2018. From potentially partnering with OKEX and "housing" cryptocurrency exchanges such as BitBay and Binance, Malta is…
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Porsche, one of the world's most luxurious car brands, recently announced that it plans to make some "heavy" investments in the blockchain and AI industry. The 5-year investment plan is for $176 million, which will go towards companies whose major focus either blockchain or artificial intelligence. According to the press release, the German automobile maker…
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ICOs have been very popular with investors and even teenagers. Youtube videos now teach people how they can create an initial coin offering of their own. And while some say they will surpass the IPO market at some point, some countries are still on the "watch-out" for this type of fundraising. One recent example is…
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Point72 Asset Management is undoubtedly one of the world's most successful hedge funds, founded by Steven Cohen. With assets under management at around $12.4 billion (2018), working at the prestigious hedge fund is a rare privilege. Now, one of its former portfolio managers, Travis Kling, is running his own cryptocurrency hedge fund called Ikigai Asset…
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Walmart is implementing IBM's blockchain as part of their new food traceability program that has to do with food safety on all levels in the supply chain. The ultimate goal is to track the path of the food from the farm to the shelves in the store. In this way, Walmart will be able to…
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The SEC rejected nine Bitcoin ETFs in total just recently. Experts say that a Bitcoin ETF is inevitable at some point, but the SEC is not so sure on this, it seems. While the Commission seems adamant on not approving a Bitcoin ETF any time soon, it has provided some information on what constitutes their…
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Dubai is one of the most advanced countries in the world. The cryptocurrency sector is no exception. Dubai is one the countries that is cryptocurrency "friendly" and is embracing the technology of blockchain. However, the risks associated with altcoins are rising. The police in Dubai warned the community that users and investors can expect fraud,…
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Bitcoin “whales” are not a joke, as it seems. The price of Bitcoin is fluctuating constantly with huge ups and downs along the way. Just like year, in December 2017, Bitcoin was trading for anywhere from $13,000 to almost $20,000 per coin. Analysts and reports show that there are solid reasons behind the rise and…
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Coinbase "stole" Linkedin's head of data science just recently. Michael Li, who was Linkedin's Head of Analytics and Data Science has now joined the cryptocurrency unicorn to be its Vice President of Data, according to his Linkedin profile. With a educational background in Engineering in China and the US, Mr. Li worked in Capital One,…
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The price of Bitcoin is everything but stable these days. And while there are many analyses and news as to why the "people's currency" is jumping up and down with huge price swings, there may be a simpler economic explanation. According to some press, the reason why the price has been recently moving are the…
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