South Korean cryptocurrency exchange closes down after 2nd Hacker Attack
YouBit, one of South Korea's cryptocurrency exchanges, has been forced to shut down, following a hacker attack, Yonhap publication wrote on Tuesday. According to the report, the platform's operator stated [...]
Disney to acquire 21st Century Fox for over $52Bn
Walt Disney Company has announced in a statement it will acquire most of 21st Century Fox in a stock deal worth $52.4 billion. Disney will assume $13.7 billion of Fox's [...]Video; Why is the Telecom Sector the Most Successful Case of Infrastructure Finance in Africa?
It has been very difficult for private sector to finance projects in areas such as roads as opposed to telecommunications. According to Vishal Agarwal, the telcommunications sector has managed to [...]California-based airline ‘Surf Air’ now accepting Bitcoin Ethereum as payment
The world's first ever fly all you can airline, Surf Air, recently announced its support for cryptocurrency payments. According to the California-based commuter airline, they are now accepting Bitcoin and [...]Bitcoin Hits Fresh New High above $11900
Bitcoin hit a fresh record high on Tuesday just shy of $12,000 at $11,961. This marks an increase in value for bitcoin of over 1,100% since the beginning of the [...]Chicago Mercantile Exchange to launch Bitcoin futures on Dec 18
CME Group Inc. (Chicago Mercantile Exchange) has announced it will launch its bitcoin futures contract on December 18 on the Chicago Mercantile Exchange after the offering was approved by United [...]PwC Accepts First Bitcoin Payment for its advisory services
PricewaterhouseCoopers (PwC), one of the world’s largest accounting firms, has accepted its first ever bitcoin payment for its advisory services. The digital currency was used in a transaction for advisory [...]South Korea’s largest underground Mall to enable Bitcoin payments
South Korea’s largest underground mall has partnered with a local cryptocurrency exchange to enable 620 stores to accept bitcoin, Bitcoin.com reports. Shoppers will be able to use the world’s most [...]Leicester City owner King Power to face £327m corruption charges in Thailand
The company which owns Leicester City and funded their rise to become the 2015‑16 Premier League champions is to face multi-million-pound corruption charges in Thailand. A judge at the central [...]Volkswagen plans to invest $650 million in Argentinian Plant
German automaker Volkswagen has announced a plan to invest $650 million in an Argentina plant where it will manufacture a new sport-utility vehicle, according to a statement released by the [...]Key Global Events that impacted the Markets last Week (6-10th Nov 2017)
Bitcoin Slumped For cyptocurrency enthusiasts the price of Bitcoin was down last week from a high of $7,917.62 on Wednesday 8th November to $5532.04 on Friday – a 30% drop, [...]Billionaire Prince Al Waleed Arrested among other Royals, Ministers Investors
RIYADH (Reuters) Saudi Arabia’s future king has tightened his grip on power through an anti-corruption purge by arresting royals, ministers and investors including billionaire Alwaleed bin Talal who is [...]
