Tag: fintech
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Will Wellfield Technologies (WFLD.V) and DeFi levy the challenge to traditional finance?
One of the biggest unforeseeable events of the past twenty years has been the disintermediation effect of new tech. Netflix killed blockbuster, Amazon has slain Sears and other big box chains of the past, and services like Uber and Lyft are disrupting the traditional taxi services. Technology has been busy slaughtering the sacred cows of…
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This week in crypto: standard regulation edition
One of the biggest claims that hardline cryptocurrency aficionados offer is that cryptocurrency (and Bitcoin in particular) is regulation proof. It was a selling point for me back in 2014. You can’t regulate what you can’t find and decentralization comes specifically from that. The only way regulators could get at crypto is through the access…
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Buy Robin Hood (HOOD.Q)? Why don’t I just burn my money instead, at least I’ll get the warmth..
Technology has never been able to bring us an accurate means of assessing someone’s intelligence. The IQ test is a loose guide at best, career status can be boosted based on where you got your start in life and how much Great Uncle Cornelius left you, and number of social media followers only generally provides…
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Friday Recap: Canada’s Economic Slowdown
Bond Sales Reach Record Highs With central banks cutting rates and yields dropping, investors have fled to other alternatives, primarily corporate bonds to get returns. Over $2.43 trillion worth of bonds have been sold this year so far, and many have scored double-digit returns on bond sales. For instance, here’s a story about a UBS…
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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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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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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…
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Cryptocurrency deal puts eXeBlock (XBLK.C) into frame as payment processor for Peerplays network
‘The Force is not about lifting rocks. It’s a tension, order, balance.’ I know someone who has seen the new Star Wars movie eighteen times will correct the quote above, but when I saw it, that’s how I remembered Luke Skywalker’s words. I noted them specifically because, frankly, they explain why blockchain is going to…