Colombian capital supports blockchain and emerging tech with $2.3M fund

Bogotá, the capital of Colombia is funding blockchain development as part of the city’s broader investment in innovative technologies. According to an announcement made on Monday on the city of Bogotá’s official website, the municipal government will provide 8.8 billion Colombian pesos ($2.3 million) to local companies as part of four new programs in the city’s Innovation, … Read more

Colombia’s oldest commercial bank pilots crypto services

Banco de Bogotá, one of Colombia’s biggest banks, will test crypto services as part of a regulatory sandbox experiment. Banco de Bogotá, Colombia’s oldest commercial bank, is allegedly looking into cryptocurrency-related services. As reported by the local news agency Portfolio, Banco de Bogotá said Monday that it would join in a pilot project led by … Read more

Absolutely right’ to think of Bitcoin as the new gold — Ricardo Salinas Pliego

Ricardo Benjamín Salinas Pliego is a Mexican billionaire businessman, founder and chairman of Grupo Salinas, a group of companies with interests in telecommunications, media, financial services, and retail stores. He is the third richest person in Mexico and the 172nd richest person in the world with an estimated net worth of US$13.6 billion in February 2021 Pliego, already well … Read more

Bitcoin sheds $2.5K amid warnings of a repeat BTC price dip

Bitcoin (BTC) fell precipitously on Friday after a rejection above $35,000 sparked a rout toward familiar support. Bitcoin heads back toward $30,000 Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it shed over $2,500 during trading on Friday. The pair had hit local highs of $35,400 overnight before abruptly reversing trajectory to fall below $33,000. For popular … Read more

daily column – 26th june 2021

Just Sell it – The Nike way Yesterday, Nike pulled a Javier Sotomayor and saw their stock rise 15.5 percent to an all-time high. On Thursday, the sports clothing company announced record North American sales of $5.4 billion and global revenue of $12.3 billion. The future seems to be much more promising. Nike expects to … Read more

daily column – 23rd june 2021

Dissent within the ranks at Google? According to the New York Times, some Google personnel feel the business is suffering due to its scale and CEO Sundar Pichai’s leadership. They cited a paralyzing bureaucracy, a proclivity for inactivity, and a focus on general impression, all of which are characteristic of a big, mature corporation. From … Read more

daily column – 22nd june 2021

GoI has more regulations for e-commerce platforms! First Some context: Many trade unions, particularly the Confederation of All India Traders, have frequently advocated regulating e-commerce companies. The Competition Commission of India is presently investigating two of the largest e-commerce companies, Amazon and Walmart-owned Flipkart. An explosive Reuters report earlier this year claimed to reveal Amazon’s … Read more

7 peppy furniture ideas

Different designers have different ideas that would give your house a very elegant and unique look. A house can have both a traditional and modern look. With the very simple things or change in settings, you can change the overall look of the existing house. While designing a house or choosing furniture we should know … Read more

daily column – 21st june 2021

Tiger Global has put $18 million into Kutumb, a social community enabler. Reddit is also known as India’s regional language. Quiet Capital and Rocketship VC were among the investors in the $26 million round. Kutumb was valued at $167-170 million in the round, according to Entrackr. Tiger Global may also be heading a $250 million … Read more