Month: September 2020

What Happens if Big Tech Only Gets Bigger?

boss

Amy Webb, a quantitative futurist and founder of the strategic foresight firm Future Today Institute, thinks the world can, indeed, get worse. In her most recent book “2020 Tech Trend Report: Strategic Trends that Will Influence Business, Government, Education, Media and Society in the Coming Year,” Webb examines the companies – and the people that run them – that will make the future either a utopia or a new hell. Webb’s major idea centers around how the G-MAFIA (an invective and acronym of Google, Microsoft, Amazon, Facebook, IBM and Apple)…

Trump’s Proud Boys Are Far-Right Extremists

boss

During the debate last night, Donald Trump told the Proud Boys to “stand back and stand by.” He outright refused to denounce this far-right, neo-fascist extremist group. The group has now adopted the saying as their new slogan — and they’re poised for violence. While it’s difficult to parse what part of last night’s presidential debate was the worst, there can be no doubt that Donald Trump’s refusal to condemn the Proud Boys ranks in the top three of the worst moments. What’s more, the current White House occupant’s command…

Bitcoin’s September To Remember Comes To A Close: Here’s What Is At Stake

boss

Today is September 30, and while for most all it does is mark the last day of the month, for Bitcoin, it marks an incredibly critical monthly candle close. The first-ever cryptocurrency is retesting an important resistance level turned support on monthly timeframes, and holding strong could be a confirmation of a breakout from the bear market. Here’s the exact price Bitcoin needs to close at tonight to make September a month to remember for a long time to come. Bitcoin Monthly Close Is Coincidentally Critical Resistance Flipped Support Retest…

Symblox Building Platform for Synthetic Crypto Assets on Velas Blockchain 

boss

Symblox is working on creating a global-scale cross-chain synthetic asset platform, it needs a blockchain platform simultaneously providing high scalability, low cost and easy interoperability. Symblox has revealed that it will be building on the Velas artificial intelligence-powered blockchain platform. The solution it is developing will feature attractive protocol mining opportunities via the SYX governance and utility token. Symblox is a defi project building a decentralized cross-chain synthetic assets issuance and trading protocol.  Synthetic assets can be broadly defined as all kinds of financial instruments that represent other underlying assets in one way or another. These…

Technical Error and Low Participation

boss

Unlike Medalla which is a representative of how the proof-of-stake consensus could work out for Ethereum blockchain, Spadina would initiate the creation of the genesis chain for the migrated network. The quest for the transition to Ethereum 2.0 suffered a setback as developers were unable to successfully launch the Spadina testnet, which is supposed to be a prelude to that gives programmers the insight on how the ETH 2.0 chain would pan out. According to Danny Ryan, a lead developer in the project, the Spadina testnet ran into a hitch…

SGInnovate and Accredify Apply Blockchain to Manage COVID-19 Data

boss

According to Accredify and SGInnovate, the blockchain-powered health app will launch in October. As the press release reads, the app is potentially an essential tool for both the healthcare sector and the travel industry. With the spreading coronavirus second wave, Singapore decided to apply blockchain technology for timely health data collection and surveillance. For that purpose, Singaporean government-owned investment firm SGInnovate and startup Accredify have jointly developed a blockchain-powered Digital Health Passport. This app allows the storage of personal medical data in a blockchain-secured digital wallet. The work on the…

Time to Jump on the Josh Allen Bandwagon?

boss

One of the best early stories of the NFL season has been the success of Josh Allen and the Buffalo Bills. The highly criticized first-round pick seems to have turned the corner in his third season. But has he? Or is his apparent success due in part to lesser competition? Three weeks into the NFL season, the favorite to win MVP is none other than Russell Wilson. Of course, Patrick Mahomes is within striking distance, as are Lamar Jackson, Aaron Rodgers, and Kyler Murray. The most intriguing possibility is a…

Bitcoin price risks even bigger pullback in Q4 after sharp rejections

boss

Bitcoin price is showing weakness after another sharp rejection from the $11,000 resistance level. As Bitcoin (BTC) enters the fourth quarter, the sentiment around the market remains generally cautious and neutral. Bitcoin might face a larger pullback in the fourth quarter due to several key factors. Throughout the past three years, every September monthly candle has closed red. The September monthly candle for 2020 is also on track to close as a red candle, indicating a lack of direction. From March through August, favorable financial conditions, a low-interest-rate environment and…

Facebook Investor Funds Back Palantir, Asana with NYSE Direct Listing

boss

Both Palantir and Asana have gone public using the direct listing process instead of the traditional IPO method. Software companies Palantir and Asana are going public through direct listings on the New York Stock Exchange. Launching today, September 30, the direct listing process will allow existing Asana and Palantir shareholders to sell stock to the public, unlike the traditional listing method. Also, the direct listing will allow the tech companies to sell shares without underwriters. As both companies are taking the same approach to go public, Palantir and Asana also have…