News > Capital Markets, FinTech

Make America Greasy Again: Heinz Releases Limited Cryptocurrency to Purchase Bacon
Move over Bananacoin, the food world is answering to a new currency: Bacon. While the people behind the Bananacoin describe this as the “first environmentally friendly plantation in Laos which has released a utility token based on Ethereum, pegged to the export price of 1 kg of bananas,” Kraft Heinz Co.’s Oscar Mayer unit has released a limited cryptocurrency naturally
Choose Privacy Awareness Week is Near: Let's Discuss the Biggest Data Breaches of 2018
Whether you like it or not, most of your day-to-day activities leave behind digital footprint You access banking services, use online day trading outlets, store photos of your family on a cloud service, and enter credit card information online. As you know, this information isn’t completely safe. It seems as though everyone has experienced a breach of privacy or been
Tim Draper Says Bitcoin Will Be 'Bigger Than the Industrial Revolution'
If Bitcoin is still in need of a hype man, it may have just found him. A-List venture capitalist Tim Draper not only remains bullish on Bitcoin despite its recent struggles, he actually believes the cryptocurrency will be "bigger than the Industrial Revolution," as CNBC reports. If this seems rather hyperbolic, Draper has a lot more for you to chew
Report: Andreessen Horowitz is Prepping a New Crypto Fund
Silicon Valley venture capital heavyweight Andreessen Horowitz is prepping an exclusive fund to buy and sell cryptocurrencies, Recode reports. Andreessen Horowitz has already beenactive in the blockchain and virtual currency space, investing in "blockchain companies like Coinbase, in crypto-specific funds like Polychain Capital and in initial coin offerings, but, as a fund, it has not yet publicly traded the actual
Blockchain and the Future of Corporate Culture and Profitability
It seems that nearly every day, processes, products, and services that used to be analog-only have been made digital. Ordering a taxi, publishing a book, and even dating, are all just some of the pieces of our lives that have made the switch into the online world. For each one of these newly-digital practices, an industry is born. Amazon.com, Inc.
Blockchain in Space? Bitcoin Legends Are Working On It
Aim for the stars, as they say. Blockchain developers view the satellite industry as ripe for a decentralized platform, and the impact of disruption could be huge. The worldwide satellite business market is estimated at $10.2 billion in 2017, according to Global Satellite Business Market report. Cost remains a barrier to growth and innovation in space, and some doubt whether
Report: Jack Ma's Private Fintech Biz is Poised to Become the World's Most Valuable Unicorn
Jack Ma's Ant Financial Services Group, which is currently in the midst of a $9-billion fundraising round, has seen its valuation driven up by investors outside of China, including some of the biggest names in the U.S., the Wall Street Journal reports. Sources tell the Journal that some of the investors outside of China planning to buy shares in Ma's
ICO Funding in 2018 Has Already Eclipsed Last Year's Total Funding
With $6.3 billion raised in the first three months of 2018, this year's funding for initial coin offerings has already surpassed the total for all of 2017, according to data released by CoinDesk. According to CoinDesk's data, first-quarter fundraising for the ICO market is 118 percent of the total for last year's, which "might go a long way toward undermining
How Amazon's Edging Closer to Retail, E-Commerce Dominance: Smart TVs
Through a partnership with Best Buy Co Inc (NYSE: BBY) to distribute Alexa-enabled smart TVs, Amazon.com, Inc. (NASDAQ: AMZN) is expected to more deeply penetrate both brick and mortar retail and the consumer home. It’s good news for Amazon — and not so good news for everyone else. The Rating Morgan Stanley analysts Brian Nowak, Simeon Gutman and Jonathan Lanterman
Why a New Jersey-Based Cryptocurrency Startup is Getting a Lot of Love From Investors
Call it the anti-Bitcoin: Whereas the world's most popular cryptocurrency has fluctuated wildly between euphoric highs and dreaded lows, a crypto startup based in Hoboken, New Jersey aims for something a lot more predictable, as TechCrunch reports. Called Basis, the startup is working on developing a "stable coin," according to TechCrunch, "whose elastic supply will ostensibly expand and contract to