Kadena, a Proof of Work (PoW) public blockchain for smart contracts, has begun its token sale on CoinList. It began on Monday, Nov. 4, and will run until Friday, Nov. 22, 2019. The Kadena network boasts of highly scalable blockchain which runs the Chainweb protocol to ensure unmatched security and high throughput, promising to be a driving factor with the potential to serve as a convergence point for all interoperable chains including private and public blockchains and applications.The Kadena...
Read More »Illinois Resident Invests Half of His Lottery Winning in Bitcoin back in May
Earlier this year, a man from the state of Illinois made a killing, winning $500,000 in a state lottery. Recently, he revealed that half of this fortune has been spent on buying Bitcoin (BTC). He confirmed that back in May, he had purchased about $178,000 worth of BTC and wrote on Reddit:“Did this. Then put half into BTC in May.”Further, he asked to remind him in eight months if his investment is smart money, which Reddit can not agree with.On one hand, the investment seems to be a good one....
Read More »Warren Buffet’s Profits Receive Enormous Rise despite Market Uncertainty
Warren Buffett and his company had their total capital rising to a record of $128 billion during Q3 2019, сovering all the losses and showing the company has some great risk management tools. The measure supposes to help the company’s under-performing stocks, while some market analysts claim it will make the stocks fall faster. Berkshire spent 1.7 billion in Q1, 442 million in Q2, and 700 million in Q3 on repurchasing stocks in 2019. They also have changed the rules by which the stocks...
Read More »Japanese Fintech Startup Paidy Raises $143M from Investors Including PayPal Ventures
Japanese consumer instant credit provider Paidy has announced that it raised $143 million in investment capital from institutional investors. The new financing round includes $83 million series C financing extension and debt financing of $60 million. The series C funding included participants such as PayPal Ventures, the Famed Soros Capital Ventures, JS Capital Management and Tybourne Capital Management and an unnamed investor.The financial institutions that initiated the debt financing...
Read More »Ripple Invests in Biometric Cyber Security Startup Keyless
Photo: PixabayBlockchain startup Ripple is once again in news for investing in a cybersecurity startup called Keyless in the latest $2.2 million seed funding round. Keyless specializes in creating security products that can unlock access to users’ biometric data and private keys.Based in London, Keyless claims itself to be the first global company combining biometrics with multi-party computation. With its unique product offering, Keyless has attracted major investors like venture fund...
Read More »Jack Dorsey Invests $10M in the Startup ICO Platform CoinList
Token offering platform CoinList raised $10 million with a little help from Twitter and Square CEO Jack Dorsey. CoinList was founded back in 2017 as a spin-off of AngelList, and it acts as an ICO exchange platform that at first received support from investment company Polychain Capital, and upraised more than $9 million in its virgin funding tour. Since then, the company is directing regulatory rules concerning initial coin offerings (ICOs), a popular capital acquisition vehicle for emerging...
Read More »Tesla Could Rise to $4000 per Share, Says Ark Investment Management CEO
Ark Investment Management founder and CEO Catherine Wood commented that huge jump in Tesla’s stocks that began yesterday after the company released its earnings is just “the beginning of an eventual rise to $4,000 per share and possibly beyond.”And she might be right, because, even though the earnings were nothing special, they were still better-than-expected and at the stock ended yesterday trading with a rise of 17.67% to $299.68. However, at the time of writing, the stock was in a slight...
Read More »Square Unveils Free Cash App Investment for as Low as $1
Financial services and mobile payment company Square has just announced a new investment feature that allows users to make even the smallest investments through its Cash App. According to the San Francisco-based company, people will now be able to invest in the stock market, taking part in full shares trading for as little as $1.Via the Cash App Investing, users will have easy access to fractional investing and buy whatever fraction of any supported shares that $1 dollar (or any desired...
Read More »Want to Be a Millionaire? Earn, Save, Invest
“I wanna be a billionaire so fuckin’ badBuy all of the things I never hadI wanna be on the cover of Forbes magazineSmiling next to Oprah and the Queen”That’s the words of Bruno Mars’ song ‘Billionaire” that almost everyone (in this version or his own) has in his head at some time in life. Unfortunately, a billion dollars, or even a million – is pretty hard to get. However, there is a way to get close to the dream.John (just John, no surname shared), the owner of personal-finance blog ESI...
Read More »Luge Capital FinTech-focused VC Fund Valued at $85 Million after Recent Funding
Canada-based Luge Capital has recently secured fresh funding for its fintech-focused venture capital (VC) fund. Luge recently secured $10 million funding from iA Financial Group and BDC Capital which takes its fund value to $85 million. iA Financial Group is Canada’s giant financial services company with over $187 billion of assets under management. On the other hand, BDC Capital manages over $3 billion in funds as AUM.Headquartered in Toronto and Montreal, Luge Capital invests in early-stage...
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