Chinese online retail tycoon released after US sexual conduct charge September 2, 2018 The billionaire leader of a Chinese web retail giant was arrested in the US on Friday on a charge of criminal sexual conduct, before being released a day later. Richard Liu, the founder of JD.com – one of China’s biggest online retailers, and a major rival to web behemoth Alibaba – was taken into custody [...]
Chinese government spies using LinkedIn to target US secrets September 1, 2018 Chinese government spies are using fake LinkedIn accounts to target Americans with access to official secrets, according to a US counter intelligence chief. U.S. National Counter-Intelligence and Security Centre head William Evanina told Reuters that US officials have warned the platform that China is contacting thousands of LinkedIn members at a time to recruit them as spies. He called [...]
China is winning the race on cryptocurrency tech patents, despite having banned ICOs August 31, 2018 Chinese firms own more cryptocurrency patents than any other country in the world, despite initial coin offerings (ICOs) and cryptocurrency exchanges being banned there. China owns more than a quarter of the 437 granted and pending cryptocurrency patents currently in existence, according to data released today by Cipher and venture capital firm Beringea. Significantly, the state-owned Bank [...]
LBX Weekly Market Overview 28th August: A ride on the crypto carousel with LBX, The London Block Exchange August 28, 2018 The markets have been taking us on a rollercoaster. We witnessed a market cap of over £650BN in January 2018, but since reaching that peak it has dropped over 75%. Today, the space is valued at £156BN – a cap reminiscent of last November. Despite the widespread price drops of cryptoassets, however, crypto-based businesses have [...]
FUD & The ICO Market Right Now August 28, 2018 Last week we looked at being at strategic partnerships in ICOs. This week I want to take a bit of a snapshot of the ICO market at the time of writing. At the time of writing, the crypto currency markets are looking concerning. Those who have been investing in ICOs are putting the brakes on [...]
City A.M.’s Crypto Insider meets Oliver Worsley, Co-Founder and CEO of Worsleys Client Services August 28, 2018 Over the past few months I have attended many blockchain and crypto events and one young energetic entrepreneur kept crossing my path – Oli Worsley. It’s evident when meeting Oli that he is not your typical developer with a niche idea for disruption, nor is he the traditional financier looking to cash in on crypto [...]
Why it’s time blockchain stopped being used as lipstick on the pig August 28, 2018 Blockchain. Distributed Ledger Technology. Cryptocurrency. These words can add more value to any company than any genuine technology, strategy or growth. Shares in Stapleton Capital doubled on one day when it changed its name to Blockchain Worldwide. Bitcoin Services, formally known as Tulip BioMed, grew 42,500% last year. This is nostalgic: in December 2001, academics [...]
Why are Premier League clubs being paid in Bitcoin for their commercial deals with trading platform eToro? August 23, 2018 If 2018 has been the year of football dipping its toe into the world of cryptocurrency, then this week saw some teams go a little deeper into uncharted waters. On Tuesday, seven Premier League clubs including Tottenham and Crystal Palace announced that they had signed commercial partnerships with investment platform eToro. What made these deals [...]
LBX Weekly Market Overview 21st August: A ride on the crypto carousel with LBX, The London Block Exchange August 21, 2018 Last week, the total crypto market cap dropped below £160 ($200) billion for the first time this year, as alternative cryptoassets continued their capitulative process. What happened? By the end of July, altcoins' performance decoupled from bitcoin’s as the original cryptoasset remained stable and its competitors started falling. Then, last Monday, ether – the token [...]
ICOs and strategic partnerships August 21, 2018 Last week we looked at being a true community member. This week I want to talk about Partnerships. Let’s look at partnerships in ICO projects. They can be incredibly powerful for an ICO, because both their perceived and strategic value are great indicators of success for the campaign and future of the company. Strategic partnerships [...]