The South Korea company that claimed discovery of $130 billion in Russian gold from a shipwreck appears to be stock and cryptocurrency scams using the stolen location of a shipwreck. In 2000, Dong-Ah Construction said they were the first to find the wreck and also said there was gold. Dong-Ah produced no gold and did …
The dot-com bubble was a historic economic bubble ran from 1997 to 2001. It was a period of extreme growth in the usage and adaptation of the Internet. Between 1995 and 2000, the Nasdaq Composite stock market index rose 400%. It reached a price–earnings ratio of 200. From March to November 2000, internet stocks dropped …
China now has more than 4,000 companies with blockchain in their name. (Qixin search) Blockchain is the technology behind cryptocurrencies like bitcoin and ethereum. Qukualian, the Chinese translation of blockchain, was used in the registered names of 3,078 companies so far in 2018. 555 companies applied to use names with the chinese word for blockchain …
In 2013, McKinsey lists 12 disruptive technologies that would have multi-trillion economic impact from 2013 to 2025. Nextbigfuture compared this to expected GDP growth of nations. It is now five years down the line and we can see more about what the GDP growth will likely be and how those technologies are doing. There are …
Mastercard has a patent managing fractional reserves of blockchain currency. The Mastercard patent deals with: * storing, in a first central account, a fiat amount associated with a fiat currency; * storing, in a second central account, a blockchain amount associated with a blockchain currency; * storing a plurality of account profiles, each profile including …
DivvyCloud, a cloud security and compliance company, is expanding to support Alibaba Cloud, the cloud computing arm of Alibaba Group. More businesses are shifting to the cloud globally, DivvyCloud’s software will help customers achieve continuous security governance in Alibaba Cloud. DivvyCloud already supports AWS, Azure, and GCP clouds. Earlier in 2018, Alibaba surpassed IBM as …
Dogecoin can now be bought commission-free on Robinhood Crypto. Robinhood Crypto supports buying, selling and real-time market data for: Bitcoin (BTC) Bitcoin Cash (BCH) Dogecoin (DOGE) Ethereum (ETH) Litecoin (LTC) Robinhood Crypto also supports real-time market data for the following: Bitcoin Gold (BTG) Dash (DASH) Ethereum Classic (ETC) Lisk (LSK) Monero (XMR) NEO (NEO) OmiseGO …
Bitcoin, altcoins, and cryptocurrencies, in general, are always in the news – for the right/wrong reasons depending on whom you ask. Cryptocurrencies still generate a fair mix of support and skepticism from the general market but there’s no denying the fact that its mass-market adoption is an inevitable event. For people who missed the boat …
Chinese police have broken up an illegal World Cup gambling ring hosting more than 10 billion yuan (US$1.5 billion) worth of cryptocurrency bets. The gambling ring ran on the dark web and only accepted cryptocurrencies such as bitcoin, ethereum, and litecoin, according to Guangdong police. The gambling platform operated for 8 months. They had 330,000 …
McKinsey analysis is that blockchain technologies are 3 to 5 years from having the technical maturity to have meaningful scale for mainstream impact. Blockchain technical configurations are a series of design choices. Choices can be made for more speed, security and storage. Speed is impacted by the size of block and other choices. Security is …
Cryptocurrencies can still become the future of money. There is a 25-page paper that makes the case for crypto. * Cryptocurrencies can become units of account only if there is a friendly and conducive regulatory environment. * This could then allow businesses to accept cryptocurrencies as payment systems in a broader context. * The wider …