Category: Finance
-
HIVE Blockchain (HIVE.V) posts financials, continues to drift
The crypto gurus at HIVE Blockchain (HIVE.V) posted financials for Q4 2018 today, and the documents make for interesting reading. While the big spotlight shines on revenues ($13m) and margin ($10m) for their mega crypto mining operations, and increases in mining efficiency, the organization’s annual net loss of $26m (of which $17.7m from with the…
-
You people don’t get CUV Ventures (CUV.V); maybe it’s time you got CUV Ventures
When you’re looking to tell the story of a public company in a way that will resonate with an audience, with a succinct, tagline-sized parable, finding the words ‘multidimensional’ and ‘multidivisional’ in the first few lines of their website will give a writer reason to reach for the coffee. CUV Ventures (CUV.V) isn’t an easy…
-
Hashchain Technology (KASH.V) announces deal for more crypto rigs, dilutes up a storm
It’s been on a little rip the last few days while putting out ‘we have no idea why’ news releases, but Hashchain Technology (KASH.V) finally put out it’s reason why today; They’re tossing out a bunch of new shares to bring in 5,000 more cryptocurrency mining rigs. And when I say ‘a bunch’, I mean…
-
Blockchain moves to Proof of Business: HIVE, UPCO, LTV, BLOC, VHI, DASH, KASH on a hard climb
When the first blockchain profit party ended last December, and companies that had been on an absolute tear of upward multiples began to turn the wrong way, few in the industry seemed too bothered about it all. Blockchain execs on the public market largely shrugged, some admitting there had been too fast of a run…
-
Alright blockchain deals, enough of this bullshit: Ether Capital (ETHC.E) buys Ethereum with its financing $
Every now and then a company comes along that wants to raise a whole whack of cash from you so they can do what you could just do yourself if you weren’t so freaking lazy. “We’re going to invest in cryptocurrencies!” is a new one, and it’s as dumb an ideas it sounds. Mostly because…
-
CUV Ventures (CUV.V): What if you built a bank while nobody was looking?
when you ask Steve Marshall, CEO of CUV Ventures (CUV.V) about Cuba, he says, “It’s a lovely place. Great people. Lots of opportunity.” He doesn’t say (anymore), “We are all in on Cuba.” He used to, but the world has changed a little. Pre-Trump, Cuba opening to the world was the next big thing. But…
-
![China’s strange love-hate relationship with blockchain]()
China’s strange love-hate relationship with blockchain
After the Great Data Rush of 2017, the blockchain sector is cooling. Opportunistic companies like “Organic Blockchain Landscaping” and “Zesty Blockchain Pizza” are melting in the spring rain. Crypto-miner Hive (HIVE.V) has sunk from $4.71 on October 31, 2017 to $1.26, while Bitcoin fell from a high of $20,000 to under $7,000. China has played…
-
Assad Tannous in spotlight as Creso Pharma (CPH.ASX) hand him $1 million in shares
Anyone who has followed the Creso Pharma (CPH.ASX) story over the past year was aghast when they read the recent company announcement revealing that CPH issued Assena Wealth Solutions with 1,000,000 shares as consideration for “marketing and promotional services to potential investors” That’s only a problem if Asenna Wealth, or its CEO Assad Tannous, has…
-
Cuba Ventures (CUV.V): So many pieces but the puzzle is becoming much clearer
So a while back I told you about a new blockchainy deal called Cuba Ventures (CUV.V). You guys liked it and it ran hard. We like when that happens. But the Cuba Ventures story was pretty simple back then. CUV is building out a blockchain network that allows Cubans and their kinfolk to move money…
-
Welcome to the Big Show, DMG Blockchain (DMGI.V): Up 23% in second day of trading
Back in the 45 days of deep 2017 when the entire world thought everything blockchainy would be a billion dollar deal by Christmas, which ended on the day HIVE Blockchain (HIVE.V) let founders stock trade early, thereby (and properly) stepping on an insane tulipmania run, all that was needed to make a pubco double were…
