Bitcoin slips in the wake of the IRS’s tax decision
By Alex Wilhelm From techcrunch Earlier this week, the IRS decided that Bitcoin is property, not currency, setting in place a regulatory structure that could see users of the cryptocurrency forced to keep price score in a rapidly shifting market….
Firm you haven’t heard of with $13M in 2013 revenue IPO’d today, spiking to valuation north of $3B
From Tech Crunch So you are a company. You’re about six years old. You’ve raised $181 million dollars to date, including a Box-esque $100 million Series D bloc. The tough bit is that your revenue in 2013 was a mere…
Oxbridge Re Holdings Limited announces closing of initial public offering
GRAND CAYMAN, Cayman Islands, (BUSINESS WIRE) — Oxbridge Re Holdings Limited today announced the closing of its initial public offering of 4,884,650 units, each consisting of one ordinary share and one warrant to purchase one ordinary share, at a public…
Transfers of shares of Cayman Companies in Liquidation
From Ogier Over the past two or three years, we have seen an increasing number of cases where a client holds and wishes to sell or transfer shares in a Cayman Islands company which is in liquidation, or is seeking…
Overstock’s Bitcoin purchases account for less than 1% of revenue, but it’s growing
By Alex Wilhelm From TechCrunch Since Overstock.com started to accept Bitcoin as a purchase currency, the company has received a good press for its efforts to support the nascent cryptocurrency. Working with Coinbase to process Bitcoin, Overstock.com announced that it…
Letter to Editor: Government needs credible ‘medium-term’ plan
By: John McLean and Truman Bodden 11 March, 2014 A medium-term strategic plan similar to the comprehensive 10-year “Vision 2008” plan covering all government portfolios, departments and statutory authorities is needed again so that the public can know where the…
Warburton to Newsmax TV: Central banks may get involved with digital currencies soon
By Dan Weil From Moneynews Central banks may well enter the digital currency space before long, says Peter Warburton, director of U.K.-based Economic Perspectives, an economic consulting firm. “They must realize that challenges like bitcoin will just keep on coming,…
Why Chinese ADRs plunged?
By Mena Callahan From Emerging Markets E Commerce China Dangdang Inc, 58.com, Concord Medical Services Hldg Ltd, Sky-mobi Ltd, Qunar Cayman Islands Ltd, Perfect World Co., Ltd. Dot Hill Systems Corp. (NASDAQ:HILL) fell 12.80% on Monday, extending declines after providing…
Buffett warns of pension crisis for decade
By Todd Beamon From Newsmax Billionaire investor Warren Buffett warned on Saturday that the growing crisis in public pension plans will continue — with “a lot” of more bad news to come. “Local and state financial problems are accelerating, in…
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Webb urges business leaders to invest in youth and sports
CONCACAF President tells conference sports is a tool for growth and social change GEORGE TOWN, Cayman Islands (Thursday, February 20, 2014) — FIFA Vice President and CONCACAF President Jeffrey Webb urged business leaders to invest in youth and sports during…
