Source: Adobe/Evgene Kudryavtsev The Americas are loosing their share in crypto mergers and acquisitions (M&A) and fundraising, according to major consulting company PwC. (Updated at 14:49 UTC: Updates in bold.) In their latest report which looks into the first six months of 2020, PwC found that the total value of crypto M&A in the first […]
Source: iStock/BreatheFitness Apple has joined a fast-growing group of companies that are suddenly getting cold feet about Libra-like digital tokens. The other cautious companies are reportedly some of Facebook’s biggest-name Libra partners: PayPal and Stripe, as well as Visa and Mastercard. Reuters reports that Apple’s CEO Tim Cook stated that a Libra-like crypto-project was not […]
Steve Wozniak in the early years of Apple. Source: A video screenshot, Youtube/Bloomberg Quicktake Apple co-founder Steve Wozniak’s week-old token called efforce (WOZX) skyrocketed and doubled in a single day. At pixel time (11:51 UTC), WOZX trades at USD 2.85 and up by 89% in a day, correcting lower from USD 2.97, reached earlier today. […]
Source: AdobeStock / Mihai Simonia Decentralized finance (DeFi) is undergoing rapid evolution, but speculative demand bubbles that generated spectacular returns over short periods will be unsustainable in the long-term, according to a recent paper. "[DeFi] remains immature, with a variety of unresolved economic, technical, operational, and public policy issues that will be important to address. […]
Source: iStock/krblokhin Cloud computing company Amazon Web Services (AWS), a subsidiary of an online retail giant Amazon, has partnered with a blockchain incubator ConsenSys to create the two firms’ business blockchain cloud service, Kaleido. Announced at the Consensus 2018 conference in New York on Tuesday, Kaleido is aiming to give AWS customers an "easy button" […]