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Sale of Asian Exchange Data Could Create Revenue Stream of $4.23 Billion Per Year Says Leading Strategy Consultants

Quinlan & Associates, a leading independent strategy consultancy specializing in the financial services industry has released a report exploring the various avenues through which Asian exchanges can diversify their revenues and monetize the large volumes of data that they have access to. The report, titled Time To (Ex)change: The Evolution of Stock Exchanges from Trading Venues … Continue reading Sale of Asian Exchange Data Could Create Revenue Stream of $4.23 Billion Per Year Says Leading Strategy Consultants

5 Reasons Bitcoin Hit $47K ATH and the BTC Price Surge Will Continue

Why is Bitcoin rising harder than ever before as BTC price pushes for $50,000 after exceeding $47,000 in a new all-time high? Here are five reasons for Bitcoin’s growing strength. The Bitcoin (BTC) price rose to new all-time highs and continues to climb to a new peak. According to the latest data from Coindesk, Bitcoin has skyrocketed by 20.51% in … Continue reading 5 Reasons Bitcoin Hit $47K ATH and the BTC Price Surge Will Continue

Fintech CEO Pleads Guilty to ICO and COVID-19 Loan Fraud in the US

Sheng-Wen Cheng, a 24-year-old Taiwanese national, pled guilty to Initial Coin Offering (ICO) and COVID-19 loan fraud in the United States of America. According to an announcement released by the United States Department of Justice, Justin Cheng pled guilty to major fraud against the United States, bank fraud, securities fraud, and wire fraud in connection … Continue reading Fintech CEO Pleads Guilty to ICO and COVID-19 Loan Fraud in the US

Arizona State University Offers Blockchain Technology, Enhancing Student’s Academic Journey

To assist learners in documenting their competencies and skills across their entire academic journeys, Arizona State University (ASU) is going a notch higher by deploying a blockchain-based technology technical stack enterprise infrastructure. This approach was necessitated because the university thought out of the box on how graduates showcase verifiable competencies and skills to potential employers beyond a … Continue reading Arizona State University Offers Blockchain Technology, Enhancing Student’s Academic Journey

Bitcoin Needs to Hold $36K for Sustainable Upward Momentum

After plummeting the lows of $33,000, Bitcoin (BTC) has gained momentum by regaining the $37,000 level. The leading cryptocurrency was up by 3.65% in the last 24 hours to reach $37,323 during intraday trading, according to CoinMarketCap. Market analyst Michael van de Poppe believes that BTC should hold the $36K level before flipping it to … Continue reading Bitcoin Needs to Hold $36K for Sustainable Upward Momentum

China Announces 15 Pilot Zones for Testing Blockchain Tech

China announced 15 pilot zones for testing the application of blockchain technology for several service sectors. The Cyberspace Administration’s official Wechat social media account said that the pilot zones include areas in Beijing and Shanghai, as well as Guangzhou and Chengdu in the southern Guangdong and Sichuan provinces respectively. The announcement which came via a … Continue reading China Announces 15 Pilot Zones for Testing Blockchain Tech

Grammy Winner John Legend to Launch Music NFT Platform Called OurSong

12-time Grammy winner John Legend will launch a music NFT platform called OurSong for musicians and entertainers. John Legend will team up with Chris Lin, who runs Taipei-based digital music service KKBOX, Live video broadcasting platform Twitch co-founder Kevin Lin, and venture capital firm Cherubic Ventures, Matt Cheng, to launch a non-fungible token (NFT) that will allow … Continue reading Grammy Winner John Legend to Launch Music NFT Platform Called OurSong

Metaverse will change the world in 2022

After Facebook has announced to change its name to “Meta” last summer, the whole world has focused on a term called “Metaverse”. The word “Metaverse” has been searched in Google and Youtube every day. However, Meta is not a decentralized organization that is not a Decentralized Autonomous Organization (DAO), a Web.30 concept, and GameFi players … Continue reading Metaverse will change the world in 2022

HK-Based Hex Trust Raises $88m in Funds, Valuation Touches $300m

Hong Kong-based Hex Trust raised $88 million in Series B funding led by Animoca Brands and Liberty City Ventures, following which it saw its valuation rise to $300 million. The company announced that other participants for the Series B funding were new investors such as Ripple, Terra, Morgan Creek and Primavera Venture Partners. While existing … Continue reading HK-Based Hex Trust Raises $88m in Funds, Valuation Touches $300m

Luno Floats Venture Capital Arm to Invest in Web3.0 & Fintech Startups

Luno, a digital currency platform owned by the Digital Currency Group (DCG), has launched Luno Expeditions, its Venture Capital (VC) outfit. As reported by TechCrunch, the new VC offshoot will engraft itself as a funding outfit for cryptocurrencies or Web3.0 startups and those in the Fintech space. Luno Expeditions is expected to fund as many … Continue reading Luno Floats Venture Capital Arm to Invest in Web3.0 & Fintech Startups