Jack Dorsey’s first-ever tweet sells for $2.9m as a non-fungible token March 22, 2021 Twitter boss Jack Dorsey sold his first tweet as an NFT for just over $2.9m earlier today. The tweet is in the form of a non-fungible token (NFT) – a kind of unique digital asset that has exploded in popularity so far in 2021. Each NFT has its own blockchain-based digital signature, which serves as [...]
In a face off against FinTech, traditional face-to-face banks must become more bespoke than ever March 19, 2021 There’s no doubt digital banking is in demand. Last year, $4.1bn was invested into FinTech in the UK, accounting for just under half of Europe’s FinTech investment. Since lockdown began this has continued to grow, with a 72 per cent rise in the use of FinTech apps in Europe as a result of pandemic restrictions. [...]
Exclusive: City’s venture capital guru on Brexit, fundraising and impact investing March 17, 2021 With Brexit just behind us, and the pandemic gradually being brought under control, it seemed like a good time to measure the temperature of London’s venture capital investment space. City A.M. sat down with David Hall, for his first major interview as chairman of the Venture Capital Trust Association, since succeeding Stuart Veale in January [...]
Remote purchase: Can you buy a house you haven’t visited? March 16, 2021 Since the start of the Covid crisis, there has been a lot of talk about remote purchase as a solution to limitations on movement. Some hoped that virtual viewings and remote purchases would be a lifeline to the industry under lockdown and beyond. At Aykroyd & Co, we have had some significant successes with remote [...]
House price boom continues in March as buyer demand hits record levels March 15, 2021 Record levels of buyer demand pushed the average price of new properties coming to market up 0.8 per cent last month, new research shows. According to Rightmove, the current excess of demand is the highest it has been for a decade, pushing prices up £2,484 in March. The number of potential buyers enquiring about each [...]
Easy with the AI and NFTs – we need monozukuri March 12, 2021 Monty Munford talks us through Mitsuru Kawai's delivery of monozukuri, NASA's lunar landing and the crazy world of digital art.
Bitcoin marks a significant step forward in trust for all of us March 12, 2021 Bitcoin marks a significant step forward in trust for all of us, says Michael Haynes, founder and CEO, Etherbridge.
AgriDex selects L3COS and tokenisation for $9 trillion global food and agriculture marketplace March 10, 2021 Global food and agriculture industry supply chain platform AgriDex has selected L3COS to create its blockchain-based transparent marketplace.
500 cars and counting: Studio434, Europe’s biggest classic car collection March 9, 2021 Located close to north London, the huge and eclectic Studio 434 collection supplies cars to The Crown, Peaky Blinders, Downton Abbey and more.
Should you look at Irish whiskey as an investment? March 5, 2021 With St Patrick’s Day on the not-too-distant horizon, thoughts inevitably turn to iconic festivities to be enjoyed. For many this involves toasting a taoscán of Irish whiskey. The day and drink are synonymous with each other. But this year maybe you should think about investing instead of drinking your whiskey? The Irish end their toasts [...]