Danny Bradbury

Traditional Financial Companies Warm to Cryptocurrency

Financial firms are becoming more positive about the prospect of blockchain-based cryptocurrency trading, with one in five planning to test the waters in the next year, according to a survey by Thomson Reuters as reported by Business Insider.

The data and news agency asked 400 of its clients, ranging from hedge funds to large asset managers and bank trading desks, about their cryptocurrency plans. It found that 20 percent of them were considering trading in cryptocurrency over the next 12 months. Of those companies, the majority said that they would begin sooner rather than later, in a 3- to 6-month period.

Blockchain Investments May Be Hurting Student Loan Finances

One in five students could be using some of their student loan money on cryptocurrency investments, according to a U.S. survey.  

While the tuition portion of a student loan is generally paid directly to a university, the balance — supposed to be used for living expenses — goes to students. They can use this how they like. Student loan industry analyst site The Student Loan Report quizzed 1,000 students about how they used that cash. It found that more than one in five of them (21.2 percent) were using their student loan funds to invest in blockchain-based cryptocurrencies.

The TSXV Evolves on Mining

The Toronto Stock Exchange Venture Exchange (TSXV), once a haven for Canada’s many natural resource mining companies, is now becoming a sanctuary for miners of a different kind.

The TSXV is a venture capital exchange commonly used by mining exploration outfits to raise funds. Now, cryptocurrency miners are seeing potential in the exchange as a source of capital to build out computing capacity.

Financial Services Companies Are Rushing to Patent Blockchain Solutions

Financial services companies are beating traditional technology firms in the race to file blockchain-related patents, according to a recent analysis.

Envision IP, a boutique law firm specializing in patent valuation, analyzed patent filings in the distributed ledger space in January of 2018 and found that Silicon Valley’s incumbents are lagging behind banks and other financial services companies.

Game On: Blockchain Technology Promises to Help Mold Burgeoning E-Sports Industry

Video gaming has always been a spectator sport. Pre-millennials will remember hovering over arcade cabinets watching friends make the leaderboard. That dynamic developed into a cottage industry as tournaments emerged.

Fast-forward a couple of decades and people are still watching each other play video games, but they’re now doing so on dedicated channels like Twitch.tv. Amazon bought that company for $1.1 billion in 2014. E-sports is no longer an obscure hobby for nerds.