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News
02 July 2020
Global tax authorities uncover $11 trillion in offshore financial accounts after information exchange, according to OECD
On Tuesday, the Organisation for Economic Co-operation and Development (OECD) revealed that global tax authorities uncovered EUR 10 trillion ($11 trillion) in offshore financial accounts after obtaining data on over 84 million financial accounts held offshore by their residents. The information exch...
News
25 June 2020
ConsenSys and AMD joint venture W3BCLOUD raises $20 million to build Ethereum data centers
W3BCLOUD, a joint venture between Advanced Micro Devices (AMD) and ConsenSys, announced that it has completed its initial close of $20.5M in convertible notes. The joint venture aims to build out its first line of Ethereum data centers.
Why it matters:
- AMD’s computing and graphics segment, which ...
ETHE now trades at $91.33 and is down 53% since June 18th. From its $239.50 all time high reached June 4th, ETHE is down 61%. The ETHE premium to NAV has dropped down to ~380% from ~790% on June 18th and ~950% on June 4th. The premium collapse illustrates that the ETHE price drop is a product of inv...
