Over the years, the iGaming industry has gained quite the reputation; and with its rapidly evolving ecosystem being latently influenced by the emergence of technologies such as the blockchain, the growth potential looks almost limitless. However, the industry is still being plagued by entities that limit gaming experience – a subject the DAOBet platform is wholly devoted to redefining with its newly-launched blockchain.DAOBet, an iGaming 3.0 blockchain layer, aims to maximize the...
Read More »Dow Jones Industrial Average Climbs above $28000 in New Milestone but Bitcoin Disappoints
Traditional markets and indexes are currently hitting new records. In one such first-ever milestone, the Dow Jones Industrial Average rallied to a record 28,000 plus levels on Friday. The rally comes amidst waning tensions in the U.S.-China trade war with the hope of reaching a trade deal between the two economic powerhouses.On Friday, November 15, Dow Jones’s 30-stock average climbed 222.93 points at 28,004. In just the last four months, the Dow Jones price index has surged by 1000 points....
Read More »Bill Gates Overtakes Jeff Bezos to Become the World’s Richest Person as Amazon Stock Slides
Microsoft co-founder Bill Gates has taken over Amazon founder Jeff Bezos as the world’s wealthiest person. The Bloomberg billionaires index, which tracks the net worth of the world’s wealthiest, has indicated that Gates has overtaken Bezos based on an over 40% increase in his 1% stake in technology giant Microsoft and his investments in his family office Cascade. For the first time in two years, Gates has taken over the top spot after reports emerged that the United States Department of...
Read More »The Faces Behind The Rising Bitcoin Futures & Derivatives Market
The Bitcoin futures market has exploded like no one could have expected over the recent years, and it continues to grow. This summer, BitMEX hit a new record for BTC futures trading at over $16 billion.CME recently petitioned the CFTC to double its BTC futures trading capacity in the face of soaring interest. Binance had recently entered the space, and Bakkt has launched with its physically delivered BTC futures product (albeit somewhat tepidly).In the light of so much action among the margin...
Read More »BBC Allegedly Links $450 Million Missing Cryptoassets from WEX to the Russian FSB
In what seems like a story out of spy movies, the Russian service of the British Broadcasting Corporation (BBC) has allegedly linked about $450 million of missing crypto assets from the long moribund cryptocurrency exchange Wex with to Russia Federal Security Bureau (FSB).The BBC has for six years been investigating the collapse of BTC-e which many have believed was a front for the alleged laundering of over $4 billion worth of Bitcoins and why Alexander Vinnik is being accused of the same....
Read More »Amazon Files to Challenge DoD’s Choice of Microsoft for JEDI Contract Suggesting ‘Political Influence’
Late last month, the United States Department of Defense announced that the much-discussed Joint Enterprise Defense Infrastructure (JEDI) cloud contract, had been finally awarded to Microsoft. After the announcement, many including Amazon itself seemed sincerely surprised that the contract didn’t go to Amazon. Now, Amazon has decided to officially challenge the contract award.According to a Federal Times report, Amazon Web Services (AWS) officially filed with the U.S. Court of Federal Claims...
Read More »Cointelegraph Announces Its New Consulting Division to Support Blockchain Adoption
Famous cryptocurrency website Cointelegraph announced on Friday it is launching its own consulting allotment in order to enable the biggest companies to adopt blockchain as such. With that in mind, Cointelegraph plans to focus on thoroughly chosen blockchain participants that will be able to fulfill any promises they might eventually give to selected enterprise players.However, the whole selection process will not be that simple. There is already a huge criteria combo that they will have to...
Read More »Frankfurt: Northern Bitcoin gibt Wandelanleihe aus
Die Northern Bitcoin AG hat die Emission einer Wandelanleihe mit Bezugsrecht der Aktionäre beschlossen. Der Gesellschaft liegen bereits Zusagen von internationalen strategischen Grossinvestoren aus dem Blockchain-Sektor in Höhe von EUR 10’000.000 vor, das gesamte Volumen beträgt bis zu EUR 20’000.000. Der Zinssatz beträgt 5 Prozent pro Jahr. Die Wandelanleihe wird eine Laufzeit von fünf Jahren haben....
Read More »Fundstrat ‘s Tom Lee Sets $25k Price Target for Bitcoin Comparing It to FAANG Stocks
On 15 November, during an interview for CNBC journalists, Tom Lee gives price prediction to set some fire. Cryptocurrency will show its potential as a “network value asset”, according to Tom. He said Bitcoin is similar to FAANG stocks that represent the top companies of the U.S. economy: Facebook, Apple, Amazon, Netflix, and Google. By referring to the shares of the companies above, Tom inkles that cryptocurrencies are gaining their value from supportive crowds:“Cryptocurrencies are network...
Read More »XRP Is Down 16% since Swell, Will It Ever Rise Again?
In what has been seen by many in the crypto space as a massive disappointment, Ripple Labs’ XRP token has fallen 16% to new lows since the swell event which held earlier this month in the Island Nation of Singapore. The token which has been seen by many to be one of the most innovative in the cryptocurrency basket has filed to meet the expectations for many factors some of which can be directly traced to actions by the parent company.Firstly, the burning of 55 billion Stellar Lumens (XLM) by...
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