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7 Ways the U.S. Government Shutdown is Impacting the Tech Sector
Going into the fourth week of the U.S. government shutdown, its impact goes beyond the some 800,000 federal employees who’ve been furloughed. It’s also having a huge impact on the tech sector in myriad ways, from layoffs to Super Bowl ads. Here are seven ways the shutdown is having an impact on the sector: Some small companies that depend on
Crypto Exchange Aims to ‘Liquify’ Hot Illiquid Assets, Like Uber and SpaceX Shares
Always wanted to own AirBnb or Uber shares? Well, a Southeast Asian crypto exchange plans to help you out with that. According to Coindesk, crypto startups Zilliqa and MaiCoin have teamed up to build a token exchange that applies blockchain technology to traditional equity trading. The exchange, called Hq Exchange, claims to be the first “member-driven exchange” in Southeast Asia.
Top Crypto Investor Predicts Bitcoin Will Go to Zero
It's no real secret by now that after bitcoin's disastrous year in 2018, the general consensus is that things are probably going to get worse for the world's largest cryptocurrency before they get better. The question now for investors is, how much worse? Jeff Schumacher, founder of BCG Digital Ventures and a leading investor in the cryptocurrency and blockchain space,
The History Of Bitcoin
Bitcoin has been called a lot of things. Fans of the cryptocurrency see it as the future of money, convinced that it’s on track to shake up the world of global finance. For others, it is met with great skepticism, and understandably so. For a lot of people, it is often associated with the dark web and with it, assumptions
Japanese Banking Giant Invests $15M in Swiss-Based Crypto Wallet Startup
Japanese financial services giant SBI Holdings has invested $15 million in Tangem, a Swiss-based startup that produces a blockchain-powered smart card crypto wallet, The funding  was made through SBI Crypto Investment Ltd., a digital asset venture subsidiary of SBI Holdings, and according to an announcement from Tangem, it will use the money "to accelerate the deployment of its technology in
New ICO Report – OECD Comments
The OECD released a report on Initial Coin Offerings, just ahead of the World Economic Forum. Two of the advisors who participated in building the report provided their comments on what this represents for businesses around the world. vjkombajn / Pixabay [REITs] Q3 hedge fund letters, conference, scoops etc Here is the comment from Joseph Weinberg (Chairman of Shyft, CEO
Blockchain is Already Bigger Than Bitcoin
Fair or not, one of the major criticisms levied against blockchain technology is that its only real-world application to date remains its first one, which is as the distributed ledger that powers bitcoin. When you read or hear from critics of the technology, the word most often used to dismiss - or at least cast doubt on the potential of
New Zealand-Based Crypto Exchange Confirms it Suffered Major Security Breach
New Zealand-based cryptocurrency exchange Cryptopia suspended trading and went offline on Tuesday after revealing that it had suffered a security breach, resulting in "significant losses." The company said in a tweet that the hacking happened on Monday, January 14 and that after it had been "identified by staff, the exchange was put into maintenance while we assessed the damages."
How America’s Dying Rust Belt Town Can Transform into “Smart Cities” of the Future
The death of the American manufacturing sector made ghost towns out of cities across America. In these challenging times, some cities were successful at reinventing themselves and went on to forge new economies and transform their once-sprawling, empty lands into something new, something remarkable. Year after year, Pittsburgh appears on best cities for jobs lists, thanks to its burgeoning tech
China’s Anonymity-Unfriendly Blockchain Rules Are Set to Take Effect in February
Looking to use blockchain anonymously in China? Well, you may want to consider moving. Regulation Asia reports that China’s internet censorship agency, the Cyberspace Administration of China (CAC), has published its final rules on regulating blockchain-based information and technical services and that they are slated to take effect on February 15. The rules state that any website or mobile app