Category: FinTech
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Extraordinary Future investor conference: Get your ass off the couch, Sparky
Investors like to complain. “This company sucks, they never talk to investors.” “Insiders know about early financings and we’re always left out.” “Does anybody know about this company? All I can find is the investor deck..” Well, obviously nobody talks to you about their deals, their financings, their news, because you’re sitting at home reading…
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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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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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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…