Worlds collide: Non-fungible tokens could bring new use-cases to decentralised finance April 1, 2021 If you’ve been watching the crypto scene or even following trends among your favourite artists, you’ve probably heard the term ‘non-fungible tokens’ (‘NFTs’ for short). NFTs are having their spot in the limelight: over $200 million has been spent on NFT artwork in just this past month alone. NFTs are taking their place in pop [...]
EU removes Cayman Islands from ‘tax haven’ blacklist October 6, 2020 EU finance ministers have today removed the Cayman Islands from its ‘tax haven’ blacklist. The list was set up in the aftermath of media reports of complex tax schemes in 2017. The Caymans, a British oversea territory, was added in February this year. Oman was also removed from the list, with Barbados and Anguilla added [...]
Twitter faces $250m fine after US data probe August 4, 2020 Twitter said it is being investigated by the US Federal Trade Commission (FTC) for alleged violations of a law that prevents it from using personal data to target ads. In a regulatory filing, Twitter said it received a draft FTC complaint alleging data violations, which is provided by users for security purposes, between 2013 and [...]
Bitcoin retreats from 18-month high as cryptocurrency catches Facebook libra fever June 24, 2019 Bitcoin pulled back from an 18-month high today after breaking the $11,000 barrier over the weekend, with many attributing the rise to the launch of Facebook libra. Read more: Bitcoin rallies to $11,000: Is it different this time? The world’s biggest cryptocurrency reached $11,248 (£8,822) on Sunday night, according to the Bitstamp exchange. Bitcoin then [...]
Gamestop phenomenon pushes millennials towards DIY investing March 9, 2021 From bitcoin to the growing interest in day trading and the most recent Gamestop debacle a new generation of younger investors has emerged from the pandemic. There has been a general increased interest in personal finance and savings in large part because younger generations have had the opportunity to save during lockdown. Just under half [...]
Investor says NFTs are being ‘suffocated in the Ethereum bubble’ November 19, 2021 Alex Mitrovich is both an investor and an entrepreneur, but the latter definitely comes first, as Jillian Godsil discovers.
China tech crackdown: From Jack Ma’s disappearance to online tutoring debacle August 5, 2021 Chinese technology giants once seemed untouchable, with billions of profits through aggressive expansion. But that status is now more uncertain after a year of Beijing’s sweeping regulatory crackdowns that have spread like wildfire across sectors. The saga started last October when Chinese billionaire Jack Ma, who founded e-commerce behemoth Alibaba, criticised China for lacking a [...]
Is crypto trading making you overweight? Use a basket September 16, 2020 Cryptocurrencies haven’t disappeared like some thought they would. If anything, its appeal as an asset class continues to grow. Customer interest in cryptocurrencies has spiked during all the volatility surrounding the COVID-19 pandemic. Cryptocurrencies are here to stay. So, you want in… but where to begin? There are two questions one needs to answer: how [...]
BitMEX owners charged for ‘illegally operating’ crypto exchange as DeFi keeps rising October 6, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) moved steadily up from around $10,200 to an $11,000 high, but did not break through and ended up correcting back down to $10,500. It has since moved back up to $10,650. Ether (ETH), the second-largest cryptocurrency by market capitalisation, started the week around $360 and [...]
NFTs – what am I buying? September 3, 2021 Unlocking the confusion surrounding the exploding and mystifying world of NFTs.