Blockchain’s Invention Promises a Return to Pre-9/11 Optimism
Few events are more defining for millennials – the biggest, richest, most educated generation in history – than that fateful day on September 11, 2001, just as a new millennium had brought widespread optimism. A veil of darkness descended on earth with a generation feeling cheated of their peace – a unique brief period in living memory between the fall of the berlin wall and 9/11 when there was no worldwide hot or cold war. A darkness of which we are periodically reminded as people get senselessly killed in our streets, in our clubs, in our cafes, in our travels. The shock and disbelief....
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From finance and insurance, to fantasy sport, established businesses and start-ups are exploring and implementing blockchain based projects, but are they in competition with each other or sharing a common goal? While blockchain’s invention promises to disrupt established businesses, household brands have been some of its earliest adopters, launching numerous consortiums and initiatives. However, many of them, such as JP Morgan’s private ethereum based blockchain and Santader’s CashETH, have launched their own initiatives to gain some competitive advantage. This gives rise to a new strategy....
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted Fxbitinvest’s use of exaggerated return-on-investment promises to lure unsuspecting Kenyans. Unrealistic Promises According to a CMA statement issued on August 12, Fxbitinvest is offering prospective investors a return on investment (ROI) of 400% within a space of six hours. In addition, the regulator also identifies the “paybill numbers” that are being used by....
Digital currency investment company BitAge Corporation has guaranteed up to 340% returns from its Bitcoin investment fund. The Panama company, which has already attracted investments worth over $1 million from around the globe, offers a number of investment plans — each catering for investors of varying financial calibre. For instance: its lowermost plan requires investors to invest a deposit between $10 and $299 (0.03-0.8979 BTC), which promises to yield up to 121% total return; whilst its topmost plans — as stated above — promises up to 340% returns out of the investment between $15,000....
Ethereum layer 2 network Optimism (OP) has maintained its market recovery in the last few days, recording a 5.57% gain over the last 24 hours, based on data from CoinMarketCap. Since hitting the $1.31 price mark, Optimism has embarked on an upward curve, looking set to return to the high price levels seen at the start of August. Optimism Major Investors Boost Holdings By 300% In The Last Year Among many positives for Optimism, the on-chain analytics firm, Santiment has also revealed another significant development for the altcoin in terms of investors’ interest. Related Reading:....
This time of year, Bitcoin users are looking to spend some of their digital wealth on gifts and presents for themselves, as well as for friends and loved ones. Unfortunately, this also attracts a lot of different types of sites, making promises on how Bitcoin users can double their coins by investing in HYIP schemes. A few months ago, these schemes became a major plague, and it looks like they are making a return during the holiday season. The saying “the gift that keeps on giving” is not applicable to HYIP sites such as DoubleCloud.pw. Instead, these types of Ponzi schemes focus more on....