There are over 400,000,000 small enterprises around the world but unfortunately, they all lack the resources to trade their goods directly with each other. A staggering 56% of these businesses that submit trade financial proposals in order to trade globally are being rejected by traditional institutions and face other barriers that limit the trades. That’s…
Forget about going to the horse races! Crypto betting is what’s in now and an up-and-coming ICO called Ethorse is looking to be the main platform on which it happens. Ethorse is an Ethereum smart contract-based DApp that will enable you to place bets on what cryptocurrency you think is going to come out on…
2017 has been a great year of progress, we saw bitcoin rise to over $20,000 USD, while simultaneously attracting international coverage that captured people’s attention and curiosity. Meanwhile, ICOs have raised billions of dollars, helping further promote innovation and growth in the sector. Many industry leaders believe 2018 will see the blockchain industry become increasingly…
Back in early December, the game Cryptokitties took off on the Ethereum blockchain. Within its first week, Ether holders spent over $3 million dollars on virtual cats. At one point, the game took over close to 25% of the total hashing power on the Ethereum network. Currently, the game has 251,292 total sales with $18,310,216.78…
Despite the many successes they have experienced this past year, cryptocurrencies, Bitcoin especially, have seen their fair share of controversy. We’ve seen hacks that have lost people a lot of money, stock prices becoming inflated thanks to blockchain investments, fake digital currencies, and who could forget the huge plunge the original cryptocurrency took from near-$20,000…
Ripple does it again, making waves in the headlines of crypto-enthusiasts everywhere. Not only has it now reached a market cap of over $120 billion, but for the first time ever it has surpassed the $3 mark. Currently, Ripple has a market cap of $122.7 billion and is going for $3.17, giving it a +31.84%…
A new record high was reached just before Christmas, as the Total Cryptocurrency Market Cap reached over $618 Billion USD. Today, that record was smashed as the cap reached above $700 Billion this morning, and is now at $739 Billion, at press-time. That means that the market gained $39 Billion dollars in just a couple…
The largest cryptocurrency exchange in China, Huobi, has made plans to move into Japan and South Korea. Huobi has entered into a partnership with SBI Group, one of Japan’s largest financial institutions, to do so. Huobi has agreed to give 30% equity to SBI Group for their dealings in Japan. In return, SBI Group will…
I usually start the new year by making some predictions, but so many others have been writing about 2018 trends that I’m not going to. There are four big things for 2018 from a FinTech viewpoint that are obvious to me, however, which are: Getting down to business with Artificial Intelligence (AI): several of the…
Just how many Bitcoin billionaires are there in the world? Nobody knows for sure, but recent speculations have the number pinpointed to somewhere between 35 and 200 – a far cry from the two everyone thought back in December. The Winklevoss twins were the first publicly verified Bitcoin billionaires, holding around 91,666 Bitcoin, which at…
