Markets News

Initial Coin Offerings Are Setting Capital Free. That’s Huge

14 hours ago admin2 0
Simon Johnson, co-author of the bestseller “13 Bankers,” is the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management. He also works closely with Joi Ito, head of MIT’s Media Lab, on the Digital Currency Initiative (DCI).    The following article originally appeared in Consensus Magazine, distributed exclusively to attendees Read More

Making ICOs Compliant: Vertalo’s Vision for the Future of Token Offerings

15 hours ago admin2 0
Perhaps the biggest question on the minds of anyone involved in the crypto-space is how the world’s regulatory bodies, particularly the United States’ Securities & Exchange Commission, will classify digital assets.  If the SEC rules that all instances of token fundraising constitute securities offerings, then it will bring an end to the Wild West days Read More

Forget the Turing Test—give AI the F. Scott Fitzgerald Test instead

1 day ago admin2 0
Scott Fitzgerald pinned human intelligence on its tolerance of paradox. But what kind of artificial intelligence could pass his test? In his 1936 essay “The Crack-Up,” Fitzgerald writes that “the test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability Read More

Bitcoin Is Back Above $8,500 But Does the Rally Have Legs?

1 day ago admin2 0
Bitcoin’s (BTC) has bounced back above $8,500, but the rally is not backed by decent trading volumes, the technical charts indicate. The cryptocurrency closed below key technical levels on Thursday, signaling a bearish breakdown, but the sell-off unexpectedly ran out of steam at $7,925 a day later. Subsequently, bitcoin gained more than $500 over the Read More

Kerry James Marshall is now the most expensive living African-American artist

2 days ago admin2 0
A painting by Kerry James Marshall was sold last week for $21.1 million, the most ever paid for a work by a living African-American artist. Marshall’s gallerist ended a day of suspense following the sale of “Past Times,” by revealing to the New York Times (paywall) that the hip-hop producer and entrepreneur, Sean “Diddy” Combs, Read More

Move ‘Em Out: ICOs Don’t Seem So Scary Outside the US

2 days ago admin2 0
ICO issuers are starting to look to jurisdictions outside the U.S. to set up shop. In an environment of regulatory uncertainty, where the U.S. Securities and Exchange Commission (SEC) has begun investigating ICOs and the industry surrounding the capital raising technology but has yet to make a formal decision of how it will regulate crypto Read More

Blockchain Startup Shyft Signs US$10M Deal With Bermuda Government

2 days ago admin2 0
Image: Shyft signs MoU with the government of Bermuda, Joseph Weinberg, chairman of Shyft, and David Burt, Bermuda Premier, via Twitter Shyft, a blockchain KYC/AML and identity startup, has signed a memorandum of understanding (MoU) with the government of Bermuda led by the Premier of Bermuda, E. David Burt, JP, MP, in which the startup Read More

Venezuela’s unfolding crisis, as told by its version of The Onion

3 days ago admin2 0
Venezuela’s presidential election will take place on May 20, amid various crises. Inflation is by some measures 18,000%, meaning basic food items can cost a month’s salary. Cash is worth so little that people are making bags out of it. The incumbent president, Nicolás Maduro, is expected to rig the election. The best way to Read More