Markets News

Japan Financial Group SBI Strengthens Commitment to Cryptocurrencies

9 months ago admin2 Comments Off on Japan Financial Group SBI Strengthens Commitment to Cryptocurrencies
Image credit: Cryptocurrency coins Litecoin, Bitcoin and Ethereum, by r.classen, via Shutterstock.com SBI Group, a financial services company based in Tokyo, is increasing its commitment to cryptocurrency and blockchain space with several bold initiatives unveiled this week. SBI Holdings, the entity that holds most of the group’s businesses and companies, has signed a deal with Read More

The Republican tax bill would save Donald Trump and his family millions of dollars

9 months ago admin2 Comments Off on The Republican tax bill would save Donald Trump and his family millions of dollars
How exactly does the tax bill that US Republicans unveiled yesterday benefit wealthy Americans more than the rest? Let’s use a prototypical example: America’s plutocrat president, Donald Trump. Unlike recent presidents, Trump has refused to make his tax returns public, but one summary return from 2005 (pdf) was leaked to MSNBC. It gives us a Read More

It will take more than two centuries to close the global economic gap between men and women

9 months ago admin2 Comments Off on It will take more than two centuries to close the global economic gap between men and women
Back in 2014, the world was on track to close the global economic gap between men and women in 80 years. Since then, the timespan has ballooned to 217 years. Published 32 mins ago  |  Photo by Reuters/Jason Reed 217 years At the current pace, women won’t achieve equal salaries, participation in the workforce, and representation Read More

In Trump’s labor market, plenty of jobs, not enough wage growth

9 months ago admin2 Comments Off on In Trump’s labor market, plenty of jobs, not enough wage growth
The US economy seems back on track after a brutal set of hurricanes—employers added 261,000 jobs in October and the unemployment rate edged down to 4.1%. While markets had expected a whopping 310,000 new jobs to replace the ones temporarily lost because of the hurricanes, the news is still good: Unemployment is now at its Read More

@RealDonaldTrump went silent for 11 minutes

9 months ago admin2 Comments Off on @RealDonaldTrump went silent for 11 minutes
A rogue Twitter employee deactivated US president Donald Trump’s account on Nov. 2. It was down for 11 minutes. Published 11 mins ago  |  Photo by AP Photo/J. David Ake 11 mins The employee worked in customer support and shut down the account on his last day of work. 11 mins Through our investigation we have Read More

Republican’s tax reform bill is dimming the dream of electric cars for everyone

9 months ago admin2 Comments Off on Republican’s tax reform bill is dimming the dream of electric cars for everyone
The proposed GOP tax bill is out. And so, it appears, are tax credits that have buoyed the nascent electric vehicle market. Although less than 1% of the 17.5 million cars sold in the US each year are fully electric, that’s changing fast. Volkswagen, Volvo, and GM have announced they will go all-electric the coming Read More

Vitalik Buterin: 90% of ICOs Will Fail

9 months ago admin2 Comments Off on Vitalik Buterin: 90% of ICOs Will Fail
At the ETHWaterloo hackathon held in Canada and judged by representatives from companies including Coinbase, Consensys, Slock.It and Augur, Ethereum co-founder Vitalik Buterin stated that 90 percent of initial coin offering (ICO) projects or ERC20 tokens launched on top of the Ethereum protocol will likely fail in the long-term. Buterin stated: “It is an established fact Read More

Hackers Stole Over $15,000 With a MyEtherWallet Phishing Scam

9 months ago admin2 Comments Off on Hackers Stole Over $15,000 With a MyEtherWallet Phishing Scam
Last week, criminals launched a phishing scam against MyEtherWallet owners, reportedly earning over $15,000 over the course of a few hours. On the 24th, security researcher, Wesley Neelen revealed that he was one of the recipients of the phishing email, claiming that the wallet provider was implementing a hard fork update, urging the victims to Read More

Energi Mine Launches Blockchain-Based Platform to Reward Energy Conservation

9 months ago admin2 Comments Off on Energi Mine Launches Blockchain-Based Platform to Reward Energy Conservation
U.K.-based Energi Mine has today launched its blockchain-based platform that aims to decentralise the near $2 trillion global energy market by incentivising energy conservation. Former energy spokesman for the Liberal Democrats for the House of Lords, Lord Rupert Redesdale has also been appointed as an advisor to Energi Mine. According to an Advanced Energy Now Read More

Lala World Raises US$2M Series A To Bring Blockchain To The Unbanked

9 months ago admin2 Comments Off on Lala World Raises US$2M Series A To Bring Blockchain To The Unbanked
Lala World, a blockchain startup headquartered in Singapore, has raised US$2 million in a Series A funding round to bring cheaper and more efficient financial services to the unbanked. No details about the investors that participated in the round were revealed. Lala World uses blockchain technology to provide the unbanked and underserved communities with access Read More