Being in the right place to do something exciting August 18, 2020 Compliance is often called the most boring job in Banking. The common misconception is that the Compliance Officer’s role is to slam down the rule book on any lucrative ideas the Bank’s employees may have. Called the “hall-monitors” of the bank, being inherently risk-averse is deemed as a necessary characteristic to work in Compliance and [...]
Crypto A.M. shines its Spotlight on CommerceBlock, London’s most innovative BlockChain infrastructure company August 18, 2020 Hype in the blockchain and DeFi space has reached new, overwhelming heights. It can be difficult to differentiate between fact and fiction, but when you do find a project providing innovative technical solutions, it’s a breath of fresh air–especially when their primary focus is on development and not creating vacuous buzz. Led by financial technology [...]
7 Reasons why spending with Crypto is broken August 18, 2020 Another week, another avalanche of announcements about companies offering payment gateway solutions to merchants so consumers can spend their crypto more easily. While this makes for decent clickbait headlines, if you peek under the hood even momentarily, you will quickly understand that none of this makes any financial or market sense. 1. Crypto is too [...]
U.S. authorities seize Bitcoin linked to terrorist groups as billion dollar firm Bets on BTC August 18, 2020 This week the price of Bitcoin (BTC) started the week around the $11,800 mark, and after briefly surpassing $12,000 it faced a downward movement that took it to $11,200. The cryptocurrency has since been recovering and its trading at $11,870 at press time. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week at [...]
Is bitcoin gearing up for an unprecedented move? August 13, 2020 As debates on bitcoin and alternative asset classes circle the internet, all signs point towards bitcoin leap-frogging the entire cryptocurrency industry into the next paradigm – and the best part is: this is not hyperbole. Indeed, the news that emerged this week about MicroStrategy purchasing a total of 21,454 bitcoin ($250,000,000) cannot not be taken [...]
Cryptocurrency and blockchain can help solve many problems for the unbanked and the financially excluded August 11, 2020 Successful British entrepreneur Richard Ells has been around computers and coding from a very early age, and at age 26 he launched an internet business that would later win him an award, but it was not until he launched cryptocurrency start-up Electroneum in 2017 that he felt he could help make a difference in people’s [...]