Among the uncertainty, crypotocurrency derivatives should still be treated seriously by investment professionals February 13, 2018 Last year saw a major change in the way that news outlets covered bitcoin and other cryptocurrencies. Though cryptocurrencies have generated outrageous headlines in the years since their initial introduction, 2017 marked a milestone in their transition from fringe investment to alternative asset. Bitcoin derivatives, which would make the investment accessible to a broader pool [...]
Shame on both the buyers and the sellers of volatility products February 13, 2018 Well this is more fun now, isn’t it? I mean, aren’t we all just a little bit more excited about equity markets now that strange concept of a “two-way market” has been reintroduced for the first time since the market carnage in 2016? Isn’t it great to finally see some of the most stupid and [...]
Forget embracing failure, startups deserve the best possible shot at success February 12, 2018 Last year in the UK, 70 new businesses were started every hour. In just three years’ time, up to 90 per cent of them will have failed. Business failure is often a personal tragedy, though inevitable in a dynamic market economy. However, not every failure is due to a lack of demand for a product [...]
Unilever threatens to pull advertising spend with tech giants Google, Facebook, and Twitter over toxic culture and fake news February 12, 2018 One of the world’s biggest advertisers is threatening to slash the amount of cash it spends with tech companies if they fail to tackle fake news and toxic cultures on their platforms. The stark warning comes from Unilever and its marketing chief Keith Weed who oversees an annual budget of €7.7bn (£6.8bn), spent on marketing [...]
Trinity Mirror buys Express owner for £127m – and pays £41m to plug pension hole February 9, 2018 The owner of the Daily Mirror has bought the company behind the Daily Express and Daily Star for £126.7m. An announcement this morning ends Richard Desmond’s 18-year association with some of Britain’s most popular newspaper and magazine titles. After posturing for some time, sale talks between Trinity Mirror and Express owner Northern & Shell were [...]
Gina Miller denies links with billionaire George Soros and Best for Britain campaign February 8, 2018 Campaigner and activist Gina Miller, who successfully brought a legal claim to put the triggering of Brexit before parliament, has denied speculation that she is being funded by billionaire hedge fund veteran George Soros. Her knock-back of claims that Soros may be the deep pockets behind her recent campaigns came as reports emerged today that [...]
Jeremy Hunt thinks social media’s as bad for kids as smoking and obesity February 8, 2018 The health secretary Jeremy Hunt has claimed that social media can be as damaging to children as smoking or obesity in one of the starkest warning yet from the government that it is eyeing curbs on tech companies He likened the effects on young people’s mental health as “every bit as big a threat” as [...]
Ranked: Here are the 20 wealthiest people in cryptocurrency revealed by Forbes’ first ever Crypto Rich List February 7, 2018 Forbes has compiled its first ever Crypto Rich List to rank the 20 wealthiest people in crypto, saying billion-dollar fortunes have been created almost overnight. Top of the list is Ripple founder Chris Larsen, with Forbes saying his net worth came close to $20bn in early January, as a result of owning 5.2bn XRP – [...]
When the scheme is a scam: Top tips to protect your money against con artists February 7, 2018 As we see a rise in people investing online, fraudsters are changing the way they con people out of money. Worryingly, £87,000 is being lost to investment scams every single day, according to figures published by the UK’s financial watchdog last week. The Financial Conduct Authority (FCA) urged people to be vigilant when signing up [...]
Michelle Mone’s latest bitcoin gambit is EQUI, a venture capital firm to back tech startups with its own cryptocurrency initial coin offering (ICO) February 6, 2018 Fresh from offering luxury apartments in Dubai to buyers with bitcoin, bra tycoon and baroness Michelle Mone is delving deeper into cryptocurrency. Along with boyfriend and businessman Doug Barrowman, the pair are launching a venture capital firm supported by the launch of their own cryptocurrency via what’s known as an initial coin offering (ICO), or [...]