TRENTON, N.J. (AP) — A New Jersey man serving a lengthy prison term for running a $200 million Ponzi-style real estate scheme has lost his bid to withdraw his guilty plea and have charges he admitted to in another case dismissed. EIiyahu Weinstein had argued that the federal judge who ... Read More »
India’s tech capital Bengaluru is falling apart — well, almost. A city, whose infrastructure can support just about 30 to 40 lakh people, is now home for more than double that number. In the first of a two-part series, Firstpost traces the origins of Bengaluru’s destruction which began even before ... Read More »
NEW DELHI | BENGALURU: The demand for office space among corporates is rising but what is holding back leasing activity is shortage of good quality office space in top cities. While many new office projects have kicked off in the last few months to augment supply, a few builders are ... Read More »
Smaller, poorer countries are being abandoned by big banks in an exodus commonly referred to as “de-risking” or “de-banking.” In the Caribbean, where many small countries with poorer populations reside close to each other, the problem is getting so bad that local businesses regularly have a hard time receiving remittances ... Read More »
Moody’s Investors Service (MIS) recently released a detailed report that names 120 blockchain projects being explored by various companies. The bond credit rating business then offers 25 top use cases for blockchain technology. The report, “Credit Strategy — Blockchain Technology: Robust, Cost-effective Applications Key to Unlocking Blockchain’s Potential Credit Benefits,” ... Read More »
The multinational professional services firm, Ernst & Young (EY), recently announced a Startup Challenge in London, to “explore how blockchain technology can tackle challenges in digital rights management and energy trading.” With headquarters in London, EY has more than 700 offices in over 150 countries. The company employed212,000 people in ... Read More »
After the DAO hack in June, Ethereum’s development team decided to resolve the situation with a hard fork, creating two separate networks and cryptocurrencies. This controversial move was widely embraced by those who lost money in the attack, but strongly opposed by those who want to save Ethereum’s original cryptocurency. ... Read More »
British multinational professional services firm, Ernst & Young (EY), recently published its Bank Relevance Index (BRI). The data shows how banks’ “decreasing relevance has consumers straying to bank alternatives.” “The BRI is the engine behind EY’s most extensive research survey into consumer banking behavior and trends, due out later this ... Read More »
PricewaterhouseCoopers (PwC) is one of the world’s largest professional services firms in the world. With headquarters in London, the company operates in 157 countries, boasts 756 locations and employs 200,000 people. The company ended 2015 with global revenues reaching US $35.4b. “In the last year, we have helped 443 of ... Read More »
Ethereum Vs Ethereum-Classic is producing an endless amount of news and more questions right now. Does ETH need to fork again? What’s going on with this replay attack? Putting aside the technical blockchain considerations as well as the philosophical one’s, today we take a day trader’s perspective to see what the ... Read More »
Yours is a new decentralized content network that uses bitcoin to reward creators. As the project gets closer to launch, more details have surfaced from the development team, and a new project website has just been revealed. The idea came about a little over a year ago, when project leader ... Read More »
The Omni Layer Foundation recently released the latest version of its Decentralized Exchange, OmniDex 2.0. Omni holders will soon start receiving 0.05% of the exchange volume as interest, after an introductory month of fee free trading. The project initially launched as Mastercoin in 2013, raising over 5,000 bitcoins in industry’s ... Read More »
