Analytics
USDC transfer volume hit 5X USDT’s in fallout from FTX collapse
Stablecoin USD Coin (USDC) has grown in popularity since the collapse of FTX. It now frequently reaches daily transfer volumes four to five times that recorded by major competitor Tether (USDT) according to data from blockchain analytics firm Glassnode. That’s despite the market cap of USDT being $23 billion greater than USDC. As of Jan. 10, the difference was in USDC’s favor by a margin of four and a half times. Both stablecoins recorded surges in transfer volumes following an infamous tweet from Binance CEO Changpeng Zhao on Nov. 6 announcing Binance would liquidate its entire FTX Token (FTT) holdings. FTX went into bankruptcy soon after. Since then, USDC has been the preferred choice for crypto users, averaging over $12.5 billion more in transfer volume per day than USDT, according to G...
FTX hires forensics team to find customers’ missing billions: Report
The new management for bankrupt crypto exchange FTX has reportedly hired a team of financial forensic investigators to track down the billions of dollars worth of missing customer crypto. Financial advisory company AlixPartners was chosen for the task and is led by former Securities and Exchange Commission (SEC) chief accountant, Matt Jacques, according to a Dec. 7 report from the Wall Street Journal. It is understood that the forensics firm will be tasked with conducting “asset-tracing” to identify and recover the missing digital assets and will complement the restructing work being undertaken by FTX. On Nov. 11 hackers drained wallets owned by FTX and FTX.US of over $450 million worth of assets. Former CEO Sam Bankman-Fried claimed in an interview recorded on Nov. 16 with crypto blogger ...
How to Deliver An Actionable Data Strategy
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
3 Technologies that are Reshaping the Banking Industry in Africa
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
Total exchange BTC inflows have been net negative since July ’21
Bitcoin inflows across all exchanges have been net negative since last July, but four major exchanges have been running contrary to this trend with nearly an equal amount of net positive inflows. There have been total net outflows of 46,000 BTC (worth around $1.8 billion at current prices) from all crypto exchanges since last July. Only Binance, Bittrex, Bitfinex, and FTX have seen net positive inflows of 207,000 Bitcoin (BTC), according to data from blockchain analytics firm Glassnode’s March 7 newsletter. Over the same time period, net outflows have totaled 253,000 BTC from all other exchanges tracked. FTX, Binance, Bittrex, and Bitfinex have seen net positive inflows of BTC since July, 2021 – Glassnode FTX and Huobi have experienced the most dramatic shift in their BTC holdings si...
Motorcycle expert turns passion project into sports analytics platform on blockchain
Skill sets gained from working on trading strategies, technology, data science and a personal passion for motorcycle racing made Scott Robinson launch a sports analytics platform. With a bit of blockchain added to the mix, the founder of Apex146 found new ways to proceed in the sports analytics business. Starting as a passion project, Robinson made an internship program offered to a professor at the University of California Santa Barbara. With the help of students, he developed a framework that looks at athlete performance in Grand Prix motorcycle racing. Using techniques he acquired working in capital markets and commodity trading at firms McKinsey & Company and Oliver Wyman, Robinson created sports performance analytics that can be applied to motorcycle racing. Scott Robinson, Founde...
Top data trends for 2022
Gary Allemann, Managing Director at Master Data Management The world is a very different place this year than it was a few years ago. Much has changed, not only in terms of available technologies, but also how businesses use technology and the way they had to adapt to a fully remote or hybrid working environment. This has changed the way data is used, which in turn fundamentally alters the way data needs to be managed. What are the four trends shaping and affecting data management in 2022? Changing environments, changing behaviours Covid-19 has caused a fundamental shift in the working environment. It forced businesses to adopt remote working, proving that it was far more achievable than previously believed. In the wake of the pandemic, many organisations have adopted a hybrid workforce to...
Important factors to consider while building a business intelligence programme for your organisation
Hyther Nizam, President – MEA, Zoho Corp With digital transformation picking up faster than ever before in the business landscape, most organisations today employ a mix of business tools to run their operations across sales, marketing, finance, HR, etc. More often than not, all of these tools include a reporting module that displays department-specific data records and statements. However, stand-alone data like sales figures, lead numbers, email open rates, and the like, can only tell you so much about customer behaviour. As businesses continue to go digital and become increasingly data-driven, it’s imperative for them to include a holistic business intelligence (BI) programme in their technology strategy. A comprehensive BI programme helps combine various data points from multiple s...
Apple’s App Store hosting multi-million dollar scams – developer
Mobile app developer Kosta Eleftheriou has a new calling that goes beyond software development: taking on what he sees as a rampant scam problem ruining the integrity of Apple’s App Store. Eleftheriou, who created the successful Apple Watch keyboard app FlickType, has for the last two weeks been publicly criticizing Apple for lax enforcement of its App Store rules that have allowed scam apps, as well as apps that clone popular software from other developers, to run rampant. These apps enjoy top billing in the iPhone marketplace, all thanks to glowing reviews and sterling five-star ratings that are largely fabricated, he says. Up to now, I’ve been in the “Apple *wants* to do the right thing” camp. My viewpoint is starting to change. How to spot a $5M/year scam on the @AppS...
EIDO Healthcare to Exhibit at HISA 2020
For nearly 20 years, EIDO Healthcare has been providing resources and support to enrich doctor-patient communication and help health professionals reduce the risk of litigation. Over that time we have developed several products and have others in the pipeline. Our products are designed to support health professionals in both obtaining and recording informed consent from patients. Our products are currently used extensively both internationally, throughout the UK, Australia and Canada and locally in South Africa. In South Africa, our products are used by leading medical aids, hospital groups and specialist surgeons. /* custom css */ .tdi_3_d76.td-a-rec-img{ text-align: left; }.tdi_3_d76.td-a-rec-img img{ margin: 0 auto 0 0; } Healthcare Innovation Summit Africa 2020 Technology is transformi...
Zipline, Medical Drone Delivery Pioneer to Headline HISA2020
Technology is transforming industries on a global scale, with the COVID-19 pandemic presenting an interesting opportunity for medical practitioners and policy-makers to test new ways in which technology — like Telemedicine, AI, Big Data, Analytics, Cloud Computing and Mobility — can facilitate sustainable healthcare systems of the future. An example of this is Zipline, an on-demand drone-delivery company that uses aviation technology to distribute medical supplies to healthcare workers in Africa and all over the world. The US-based company is currently valued at $1.2 Billion and is slated by Fast Company as one of the most innovative companies of 2020. Zipline says that it is on a mission to provide every human on Earth with instant access to vital medical supplies — and it will do this by...
