Blockchain-Powered City by 2020? Dubai Wants to make it Happen

Over the last decade, Dubai has almost always been used as a reference to the billionaire lifestyle. Yachts, private planes, jets, god knows how many stars-hotels and all that jazz. The city is one of the most desired tourist destinations due to the luxury and futuristic outlook. That alone is not enough and there are

Bakkt Crypto Exchange raised $182.5 million from Wealthy Investors

Bakkt has managed to raise $182.5 million from a select number of extremely wealthy investors and Venture Capital firms. The Bakkt Crypto exchange was created by the New York Stock Exchange’s parent company ICE. On 31st of December, the CEO of Bakkt – Kelly Loeffler announced that the investors share the company’s vision of driving

TRON is Garbage? According to Stellar and Ripple co-founder, Jed McCaleb

Stellar’s CEO and founder, Jed McCaleb has recently referred about TRON (TRX) as “just garbage”. The co-founder of Stellar (XLM), Ripple (XRP) and Mt. Gox is a well-known name in the Cryptocurrency space. He created Stellar after he forked away from Ripple due to personal differences with the Digital Currency’s corporate board. When talking about

Crypto Price Analysis: Christmas Shopping influenced the markets

Crypto Price Analysis: During the Christmas holidays, the Cryptocurrency markets saw a strong rally. What followed however, wasn’t a Christmas miracle, but rather an intense Christmas Shopping as the next two days the Crypto market lost over $18 billion in market capitalization. Crypto Price Analysis shows that Bitcoin’s great surge back to $4300 was followed

Fortnite Store Now Allows Players to Use Monero

The Fortnite store now allows players to buy merchandise with cryptocurrency. To many people’s surprise, it’s not Bitcoin but Monero (XMR). At the moment, Bitcoin payments are not accepted because of growing privacy concerns. There is not a public announcement shared from Fortnite yet. The reddit post which announced Monero is now accepted in the

The Big Debt Crisis: International Debt reached $184 Trillion, 22 from the US

We’ve all heard the phrase “too big to fail”. But what the Financial Crisis and events in 2008 showed us is that there is no such thing, especially when it comes to banks and Financial Institutions. The events from 2008 have also revealed the looming and rapidly-growing shadow of the global debt. Looking at data

Overstock is investing in GrainChain to develop Grain transactions on Blockchain

Medici Ventures and Overstock will be investing in a software firm that is developing a way to store Grain trasnactions on Blockchain. The Overstock subsidiary announced on December 4th the purchase of $2.5 million equity stake in GrainChain. GrainChain hasn’t been on the market for too long. The company has been developing software tools which aid

Facebook Jobs Related to Blockchain are Going UP

There is a lot of prestige and responsibility when it comes to working for a global giant like Facebook, Google or Amazon. When it comes to relatively new technology, these companies have the resources to acquire top talent. Facebook jobs related to blockchain have been rumored to be growing in demand. At the moment, Facebook

Xolaris Investment Firm launches two Bitcoin Mining Investment Funds

Xolaris has launched a European private-equity fund focused on Bitcoin mining. The timing of the launch comes as a surprise to many experts, mainly because of Bitcoin’s market price going down. Nevertheless, the German investment firm Xolaris intends to raise between 34 and $57 million for the project’s 4-year period. Xolaris CEO, Stefan Klaile said