One of the more surprising Bitcoin purchasers in these past few weeks have been gambling companies. That may sound strange, but if you know that online poker players are supposed to write up their winnings on their tax forms themselves, it becomes more understandable.The website Winning Poker Network (which claims to support “the best poker […]
Japan and South Korea share a troubled history together. Although they are both allies of the United States and form a front against China, the South Koreans see themselves as a true democratic superpower whilst Japan is still thought of as a colonial empire from the past. Because of the many scandals that the two […]
The growing interest of worldwide business media in all things crypto has several causes and various effects. Causes range from Covid-19 (the pandemic meant that investors looked for inflation hedges) over China (which launched its own Digital Yuan earlier this year, meaning others had to follow) and of course FOMO whilst the effects are mostly […]
Embattled crypto exchange OKEx has announced the reopening of withdrawals on its platform from November 27. This was contained in a message released on its website in which the exchange communicated the reasons for reopening withdrawals.https://twitter.com/OKEx/status/1329393723537387523?s=20Presently, one of OKEx’s private key holders has completed assisting the authorities in a previously referenced investigationOKEx said in a […]
One of the most important works on investing and global finance was written way back in the 1970s. At the end of an era of Opec, oil crisis and the introduction of the Wall Street and Main Street correlation, Charles P. Kindleberger wrote Manias, Panics, and Crashes: A History of Financial Crises. As an avid reader […]
Charles Hoskinson, founder of Cardano and CEO of Input Output HongKong (the company that governs the famous cryptocoin) is a keen observer and charming speaker on all things relevant. One of the more striking comments he made in the past few days was in relevance to Moderna and it’s Covid-19 vaccine.https://twitter.com/IOHK_Charles/status/1328944773256933378The fact that crypto personalities […]
2020 is proving, at least in the world of crypto, to have become a worthy follower to the now infamous year 2017, which is the last time a bull run rally of this magnitude has taken place. As the Bitcoin price climbed all the way to $18k (where it trades above at the time of […]
Skybridge Capital may not be a household name around the world just yet, but we bet you’ve heard of the founder of the group before. For a brief stint during the Trump presidency, one man was able to outshine his boss. For 11 days only, financier Anthony Scaramucci acted as the White House Communications director. […]
Are DeFi projects being hacked or are they setup as scams? As the already 4th DeFi coin this month claims to have been hacked, questions are once again abounding. Last month we published an article featuring a warning by contrarian investor CryptoWhale who said the cryptoshere would be hit with an abundance of scams in the […]
For the whole of 2020, China has been preparing the world for the roll out of its Central Bank Digital Currency or CBDC. In Beijing’s case theirs is known as the Digital Yuan. The Chinese Central Bank is the envy of the other world powers as it successfully launched its own digital coin and tested […]
