Bitcoin giveth and taketh away, like no other asset class before it, but analysts keep searching for Bitcoin’s “twin”, assuming that one might exist from another era that would provide an insight into the future price behavior of the world’s favorite digital asset. This search is not some kind of new age, outside of the…
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Countries are finding different ways to fight illegal cryptocurrency mining activities. One of the more interesting approaches comes from Iran, which has started offering bounties to people who expose illegal crypto mining operations. The announcement came after new regulations were set in motion for the cryptocurrency industry. The news comes from local agency IRIB News.…
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The freelancing eco-system has come of age over the past decade. Originally, the users of these global contractor job sites were considered “misfits” or outcasts from the corporate mainstream, but the “digital nomad rocketship” has taken flight. In the U.S. alone, recent studies peg 36% of the U.S. workforce, some 57 million people, as freelancers,…
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Canadian regulator BCSC has recently issued a warning against the company Edu-Pension and its website http://www.edu-pension.com. According to the watch dog, the company claims to be based in Toronto, Ontario, and offers forex and cryptocurrency trading. BCSC, however, recently became aware that Edu-Pension accepted funds from a British Columbia (BC) resident. The company is not…
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ConsenSys, a Brooklyn-based blockhain software development company, has released a report about the potential of blockchain technology to disrupt and enhance the morass of back office processes that support the asset management business sector. While material benefits are available for all participants, the report notes “the industry itself needs to transform if its to realize…
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We are ten years into the Bitcoin revolution, but its global network of 200+ exchanges remains largely unregulated. Yes, there are money transfer agent regulations that must be complied with and KYC/AML rules that must be adhered to, but safety and security are large stumbling blocks. As for regulators, the industry must quickly deal with…
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The global remittance market, the movement of funds from various diaspora across the globe back to their home country, is a mammoth market. The World Bank Group expects remittances in 2019 to grow to $715 billion, and its shear size has spawned a multitude of startups over the past two decades, eager to run circles…
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The founder of Tron, Justin Sun, admitted that he is one of the investors in Poloniex crypto exchange that was recently acquired by Circle. Sun initially denied the investment. While the investment came through, Poloniex is operated independently from Tron. The comment was made during a joint Tron-Poloniex event that was live-streamed via Twitter on…
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The cryptocurrency project of Facebook, Libra, has come a long way. The most important update is that the tech giant will not be launching the project until all regulatory "clearance" is over. With that, the project is currently delayed for at least 2020. However, as regulatory concerns grew stronger, some of the founding members of the…
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Every now and then, a juicy article appears in the press that commands re-writes across the entire news spectrum. In other words, no matter where you go, you cannot avoid reading the same storyline, over and over again. Bloomberg created one of these “honey pots” on Monday, and before you could say, “What the…,” a…
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