What Is Impermanent Loss in Crypto And How it affects your Crypto Trading
Decentralized Finance or DeFi has bought passive income opportunities in the crypto industry. Among many DeFi instruments, one is lending crypto and borrowing money against crypto holdings. However, with crypto [...]
Africa; World Debt to Increase to U.S.$44 Trillion SP
Absolute debt levels of countries continue to increase and total outstanding global sovereign commercial debt stock will rise to reach an all-time high of $44trn by the end of this [...]
Tala Raises Over $30 Million in New Financing Expansion
LOS ANGELES, February 23, 2017 Tala, a mobile technology and data science company that is working to change the way credit scoring and financial services work around the world, announced today [...]The World’s Most Valuable Brands 2017
According to the Brand Finance classification 2017, US company Google emerged top among the World’s Most Valuable Brand list in terms of communications and information technology companies for 2017 with a monetary valuation of $109.4 Billion in [...]Jay Z To Launch His Own Venture Capital Fund
Rapper and Businessman Shawn Carter, commonly known as Jay Z is reportedly launching a venture Capital fund along with his long-time business partner Jay Brown, the president of Roc Nation. According to Axios, the two will be [...]Europe's largest bank reports 62% Drop in Profits
Europe's largest bank has reported a $7.1 billion (£5.7bn) pre-tax profit for 2016, down 62% on the $18.9bn reported a year earlier. HSBC attributed the fall to a string of one-off charges, [...]Exotix Named Best Frontier Markets Investment Bank
UK based investment firm, Exotix Partners has been named the Best Frontier Markets Investment firm by CFI Magazine, a print journal and an online resource reporting on economics, business and finance. Indeed, Exotix [...]South African Regulator Prosecutes Big Banks for Currency Manipulation
The Competition Commission of South Africa in a statement released on 15th February declared a currency trading collusion case to the Tribunal for prosecution against some of the largest banks [...]India Govt to privatize its loss-making National Airline
Indian Government says its prepared to do whatever it takes to keep its national airline afloat including selling it off to private investors. According to the country's Aviation Minister Ashok [...]A 227 High Quality Carat Diamond is Discovered in Angola
Australian listed company Lucapa Diamond Company Limited (ASX:LOM) together with its partners announced on Monday 13 February 2017 the recovery of a 227 carat diamond from Lulo Diamond Project in [...]Twitter Q4 Revenue Declines Despite Growth in Users
SAN FRANCISCO based Social Media Company, Twitter, Inc. has announced financial results for its fourth quarter and fiscal year 2016. The company posted fourth quarter revenue of $717 million, an increase of 1% [...]Dubai, companies team up with IBM on blockchain project
Dubai, one of the world’s largest trading hubs, has linked up with IBM to launch a scheme using blockchain computing technology to process transactions and keep track of goods being [...]
