Global platinum jewelry production declined by 3% year-on-year to 2.57 million ounces last year, marking the first decline in three years, as per Thomson Reuters’ GFMS Platinum & Palladium Survey 2015.
Bloomberg Special Report Highlights Current Trends and Issues in the Bitcoin Space
Bloomberg Brief has published a Special Report about Bitcoin. Written as an introduction for financial professionals and busy investors with little previous knowledge of Bitcoin, the report gives far too much space to marginal aspects such as price swings, scams and bankruptcies. However, while the depth of the analysis doesn’t match that of recent reports by Goldman Sachs and other top financial institutions, the Bloomberg report offers interesting insights and opinions that highlight current trends and issues in the Bitcoin space. Barry Silbert, founder and CEO of the Digital Currency Group and creator of the Bitcoin Investment Trust, the first Bitcoin investment vehicle publicly traded in the United States, focuses on the price of bitcoin and hopes it will increase. […]
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Plug and Play Tech Center Hosts Retail and Fintech Expo for Startups
Bringing together more than 40 startup pitches on both the retail and fintech verticals at the consortium, the Plug and Play Tech Center Expo day included three keynotes from the founder of Plug and Play Tech Center Saeed Amidi, Managing Director of Citi Ventures Debra Brackeen and founder of the Lending Club Renaud Laplanche. Saeed Amidi started the day off with remarks summing up the mission of Plug and Play to bring together software for two industries and create a matchmaking haven where corporations could come to find solutions to their vexing technological problems, understand emerging markets and nurture and mentor the next generation of technological advancement. Debbie Brackeen was excited to describe Citi Ventures fund as a proving ground […]
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5 Freelancers Who May Use Bitcoin-Powered Streamium to Cut Out Middlemen
The launch of Streamium was announced via Reddit yesterday. The new application from Manuel Aráoz and company was created to build a direct connection between video streamers and their viewers. Video streaming is dealt with on a peer-to-peer (P2P) basis via WebRTC, and payments for viewing a stream are made possible through the use of bitcoin and payment channels. A stream of small, off-chain payments are made to the broadcaster every second as the viewer continues to watch a stream, and all of those micropayments are then combined into one larger payment that is made via the bitcoin blockchain. The P2P nature of the Streamium platform has the potential to disrupt many different types of video streaming businesses currently found […]
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Bitfinex Hot Wallets Hacked, More Than 1,400 Bitcoin May Be Stolen
Hong Kong-based bitcoin exchange Bitfinex announced around 5 a.m. EDT today the startup’s hot wallets were compromised and some bitcoin were stolen. The exchange also advised its users to immediately stop depositing bitcoin to old addresses in their Bitfinex account. It is unclear how much has been lost in the hack, but according to a company statement, the hot wallets held only 0.05 percent of the exchange’s bitcoin holdings. Though still unconfirmed, Redditor gowithBTC followed a string of transactions on the blockchain to what he believes is Bitfinex’s hot wallet. If correct, it would put the amount of bitcoin lost in the hack just more than 1,400 or around 0.06 percent of the company’s total holdings. Bitfinex said that any […]
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National Jewish American Heritage Month: What It Means to Be Part of the Jewish American Community
Jewish American values are woven into the fabric of American life and have shaped the progress we’ve made as a country. That history has fundamentally shaped the President’s personal views and leadership. As he told The Atlantic’s Jeffrey Goldberg:
“To me, being pro-Israel and pro-Jewish is part and parcel with the values that I’ve been fighting for since I was politically conscious and started getting involved in politics. There’s a direct line between supporting the right of the Jewish people to have a homeland and to feel safe and free of discrimination and persecution, and the right of African Americans to vote and have equal protection under the law.”
Today at 11:00 am ET, in honor of National Jewish American Heritage Month, President Obama will address the Adas Israel congregation in Washington, D.C., the first synagogue in the U.S. to be addressed by Dr. Martin Luther King, Jr. Watch his remarks live:
But before he speaks, he will meet with a few leaders in of the Jewish faith, who help tell our American story. See what these remarkable individuals have to say about the Jewish American heritage:
Pawn Stars’ Rick Harrison: Marco Rubio Cares About People
Pawn Stars’ Rick Harrison endorses Marco Rubio for president ahead of his Las Vegas birthday party next week. Watch the interview and endorse Marco today!
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LBMA reports a plummet in Gold, Silver trading during April
London Bullion Market Association has reported a sharp decline in its gold and silver trading activities during April despite higher prices.
‘Titanic’ Global Economy May “Collapse” Warn HSBC – Gold Is Lifeboat
-“The world economy is like an ocean liner without lifeboats …” – HSBC – Four areas of high risk identified by HSBC – Risk of stock market crash – Pension funds and insurers may not meet obligations – Chinese recession may drag U.S. into recession or depression – Premature rate rise would expose very fragile […]
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What They’re Saying: Military Leaders Respond to the President’s Call to Battle Climate Change
Yesterday, President Obama delivered the commencement address to the 134th Cadet Class of the U.S. Coast Guard Academy. The President congratulated the class on all they had achieved over the last four years, but reminded them of the challenges they wi…