Category: Blockchain
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Galaxy Digital Holdings (GLXY.V) debuts on market, early investors willingly hooped
Pity the 346 investors who saw former Goldman Sachs (GS:NYSE) macro trader Michael Novogratz launching his ‘crypto merchant bank’ Galaxy Digital Holdings (GLXY.V) in November of last year and couldn’t wait to get into his pre-TSX listing $304m financing announced in January. Pity the GMP Securities clients who were sold into that financing, buying into 60.9m…
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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…
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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…
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To make money in blockchain, invest in the people who do real business, not crypto
I got a document sent to me this week that I haven’t seen before, at least not in my inbox. The document was an ‘offer to rescind.’ I had placed some bets on some private blockchain deals nine months ago, and one of those had decided they were done waiting for the blockchain sector to…
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Here’s why VitalHub (VHI.V) jumped 90% in 6 weeks (and 25% today)
VitalHub (VHI.V) – is a healthcare technology company marrying medical information networks with blockchain technology. The company’s robust two-pronged growth strategy, targets growth opportunities within its product suite while pursuing an aggressive M&A plan. VitalHub is on our watchlist, we wrote about them up a couple of times in May 2018 and watched the stock…
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DMG Blockchain (DMGI.V) is a geeky company with a cool business
On May 17, 2018 DMG Blockchain (DMGI.V) announced that its Blockchain Forensics & Analytics Group has nailed down contracts from several international auditing and consulting firms. DMG uses artificial intelligence (AI) and machine learning (ML) technology to monitor cryptocurrency exchanges, examining the currency flow through the blockchain in order to establish the “provenance and destination…
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Proof of Business: CUV Ventures, Hashchain, Block One, Enterprise Group putting blockchain 2.0 in place
Saw a news release this week from a company I haven’t looked at in years, and it brought a wide smile to my face because, damn it, this is the future, yo. ENTERPRISE EQUIPMENT CONTROLS & AUTOMATION LOWERS COSTS, INCREASES REVENUES Enterprise Group Inc. (E.T) has further enhanced its proprietary dispatch and asset tracking software…
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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…
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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…
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Green-screened: Glance Pay (GET.C) splatters the boardroom walls with family blood
There are two blockchain deals I really wouldn’t want to be playing with right now, and for two different reasons. The first is RIOT Blockchain (RIOT.Q), a company which is facing multiple class action lawsuit investigations. The second is Glance Pay (GET.C), whose board of directors are going to the mattresses in their proxy battle against…
