Los Angeles, CA 09/04/2019 – Innovesta, a platform for optimizing investment decisions using objective, validated and trusted data has raised a total of $2.7M after the latest funding round led by top investors from both Israel and the USA. Launched in 2017, the women-led company began after initial funding of a $500,000 grant from the…
Month: September 2019
PCM Feature: Blockchain – Out of the blocks?
Blockchain has been called the most over-hyped innovation in the world today, with the hysteria surrounding it sometimes compared to the infamous “dot.com” bubble of 1999-2000.PCM Editor James Wood looks at the rationale behind the hype, where the payments industry stands on blockchain, and what possible future implementations of blockchain technology might look like. At…
China Telecom to Launch Blockchain-Enabled 5G SIM Card
According to media reports, China Telecom Corporation Limited CHA is actively considering plans to develop blockchain-enabled 5G SIM card in order to secure a greater pie in the market.The move would enable the company to gain additional mileage by capitalizing on the wide proliferation of crypto currency amid increased deployment of 5G technology across the…
Annual global bribes reach $2 trillion, tax evasion $3 trillion: IMF – Economy – Business
“Bribes to the tune of $1.5–$2 trillion change hands every year.Tax evasion costs governments more than $3 trillion a year, and countless more is lost through other illicit activities.This is money that could go for health care, education, and infrastructure for millions worldwide.But the cost to society is far greater: corruption distorts incentives and undermines…
Trends in cryptocurrency in 2019
Money Trends in cryptocurrency in 2019 Cryptocurrencies have been on the scene for around a decade or so, but only recently hit the big time after the mainstream media gave the scene the attention it rightfully deserves. While there has always been an audience with a keen interest in cryptos, especially with a keen eye…
Find Attractive Stocks in this Undervalued Industry
In my market outlook , I showed the market as a whole is more expensive than it’s been at any point since before the ’08 recession.We may not be in tech bubble territory yet, but there are many “micro-bubbles” throughout the market where individual security valuations have become disconnected from cash flows.However, the existence of…
Will the pound extend its two-day surge?
Will the pound extend its two-day surge? Will the pound extend its two-day surge? #yahoo Pound enjoys biggest two-day surge in 10 months as Johnson suffers setback The Dow adds 1.4pc while Asian markets also rise WeWork slashes $47bn valuation in half amid fears of overhyped ‘unicorns’ ECB rate cuts: When does the financial medicine…
Facebook’s Libra cryptocurrency could be similar to China’s proposed digital currency
Some analysts say China accelerated the push to the digital money after Facebook announced Libra Reuters Sep 06, 2019 13:58:10 IST China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer…
Top 3 Hedge Fund Cybersecurity Threats
Top 3 Hedge Fund Cybersecurity Threats September 4, 2019 by Andrew Werking 0 Comments Share Continue Agio has been helping hedge fund clients improve their cybersecurity posture for nearly a decade.Whether the client’s motivation stems from regulatory or legal requirements, the response to a recent breach or cybersecurity incident, investor due diligence, or a firm’s…
Heavy-Handed Regulations Run Cryptominers Out of Iran – BitlyFool.com
Heavy-Handed Regulations Run Cryptominers Out of Iran by admin | Posted on September 2, 2019 The Iranian government’s recently ratified cryptocurrency mining regulations are so severe that they appear to be forcing large-scale miners to move their operations abroad. Days after President Hassan Rouhani’s cabinet implemented a set of cryptocurrency mining regulations on August 4,…