Introduction to Globcoin Globcoin is a Swiss Group that created a multi-currency platform which will allow all of its users to perform instant, secure and cost-effective transactions with digital and fiat currencies. Globcoin’s clients will be able to create basket currencies conforming to their needs. Currency baskets are a portfolio of selected currencies with different weightings. These baskets have been commonly used to minimise the negative effects of currency volatility. Globcoin has been marketing these currency baskets since 2012 to family offices and institutional investors and now they are preparing to launch this currency management service to the mainstream public.Powered by WPeMatico
Lottos make up 29% of the gambling market cap. With the average lotto ticket costing about $2, the low price of lottos often entice gamers to buy multiple ones. Yet despite frequent play, the current lotto market is due for innovation. Online lottos have captured a significant part of the market. Blockchain based lotteries are still nascent in the industry. Disclosure: This is a Sponsored Article Up until recently, lottos featured diminishing purchase value. Taxes and withholdings of up to 60% marr the profitability of large and small gains of the winner. More flaws with the common physical lotto is
Despite being one of the most amazing periods of sustained gains for bitcoin, 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day […]
The crisis of 2008, which nearly crippled the financial world, was a loud and clear warning that our financial system had become a house of cards. Its integrity depended on the continued solvency of over-leveraged financial institutions. Disclosure: This is a Sponsored Article At the time, I was working as a Senior Data Architect in the trading room of one of Germany’s biggest banks. It was there that we witnessed up close the freezing of accounts, ATMs shutting down and credit cards deactivated. It became clear that owning physical gold and silver – not gold derivatives – was one of
The Bank of England might have “its own Bitcoin-style digital currency” this year already, according to the country’s legacy media. The more than three hundred year old bank set up a research unit back in 2015 to investigate linking a state-backed crypto to sterling, and there appears to be a breakthrough. Also read: EU Central […]
On December 27th BANKEX has successfully completed their TokenSale, selling BKX tokens for about $66 million. The remaining tokens will only be available for purchase by institutional investors interested in asset tokenization technologies. A total of 400 000 000 BKX tokens were emitted of which 80 000 000 was allocated for the public sale, 140 000 000 reserved for institutional investors, the rest were reserved and allocated for the Team (50 000 000), Advisers (40 000 000), the Option Pool (50 000 000) and The BANKEX FOUNDATION (40 000 000). Fintech company BANKEX entered the ranks of TOP-20 ICOs of
2017 Initial Coin Offerings
The Venezuelan government has published a decree outlining the operation of Venezuela’s national cryptocurrency, the Petro. It details the government’s plans for the new currency, including its issuance, mining, and trading. In addition, the Petro will be backed by 5 billion barrels of crude oil. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, […]