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NEWS ARTICLES

Keep up-to-date with the latest news in your industry

  • Bitcoin Wallet Vulnerability

    Bitcoin Wallet Vulnerability

    03 July 2020

    A team at ZenGo discovered the BigSpender bug affecting major crypto-wallets, including Ledger Live, Edge, BreadWallet and potentially many more. The bug exploits how certain wallets handle the replace-by-fee feature which allows a user to swap an unconfirmed transaction with another transaction that has a higher fee. The RBF feature has become a standard way for users to send bitcoin and was developed...

  • Micromobility Market

    Micromobility Market

    02 July 2020

    Bolt has announced it is expanding its focus on micromobility with a new pilot electric bike sharing service in Paris. Bolt plans to launch a similar service in other European capitals this year. Along with its ride hailing and e-bike rental services, the company also aims to offer e-scooter rental in more than 45 cities this summer. Jump, Uber’s micromobility subsidiary, recently removed...

  • Autonomous Last-Mile Delivery: COVID-19

    Autonomous Last-Mile Delivery: COVID-19

    01 July 2020

    The rapidly increasing number of COVID-19 cases in recent weeks has caused fear and disturbance across the world. Although the mortality rate of COVID-19 is less than 9%, its spread rate is a significant cause of concern. Till June 25, 2020, the number of cases recorded across the globe was more than 9.5 million.  To prevent the spread of the novel coronavirus, governments across countries...

  • Pharmaceutical Manufacturers: COVID-19

    Pharmaceutical Manufacturers: COVID-19

    01 July 2020

    Drug makers are moving forward with manufacturing plans while their vaccine candidates are still being developed to enable them to quickly begin mass manufacturing once the safety of the vaccine candidate has been proven. Inovio Pharmaceuticals has received $71 million funding from the US Department of Defense to fund the manufacturing of a device to administer their vaccine which is still in clinical...

  • Gyms and Fitness Centers: COVID-19

    Gyms and Fitness Centers: COVID-19

    01 July 2020

    Gyms and fitness centers were not considered essential businesses in most US states and many closed their locations temporarily to limit the spread of the virus. Many gyms turned to online platforms and live streamed classes to keep their members engaged during lockdowns. As a result of temporary closures and membership losses, some fitness chains were forced to declare bankruptcy. Both 24 Hour...

  • Dry Cleaning and Laundry: COVID-19

    Dry Cleaning and Laundry: COVID-19

    01 July 2020

    The impact of COVID-19 on dry cleaning and laundry services varies depending on customer base. Companies that are dependent on cleaning business wear are more likely to be negatively affected as a result of business closures and the move to working from home. While some companies that are more focused on business to business sales, may see increased sales as their customers intensify cleaning efforts...

  • Mortgages: COVID-19

    Mortgages: COVID-19

    30 June 2020

    Demand for mortgages is increasing as a result of pent up demand for housing and low interest rates. Total mortgage application volume increased 8% for the week ending June 12th 2020. Some analysts predict that housing might be a bright spot in a recovering economy. US new home sales in May 2020 were up almost 17% compared to April 2020. Realtors are making use of technology to allow for virtual...

  • Nursing Homes & Assisted Living: COVID-19

    Nursing Homes & Assisted Living: COVID-19

    30 June 2020

    The Centers for Medicare and Medicaid Services requires nursing homes to notify residents and their families within 12 hours of the coronavirus being detected within the facility. Nationwide data released by the federal government in June showed that long term care facilities experienced almost 26,000 resident deaths and 449 staff deaths as a result of the pandemic. Some industry experts argue that...

  • Drywall & Insulation: COVID-19

    Drywall & Insulation: COVID-19

    30 June 2020

    Housing completions fell by 7.3% between April 2020 and May 2020 and declined by 9.3% in May 2020 versus May 2019. The specialty trade contracting industry gained 325,300 jobs between April 2020 and May 2020 however industry employment was down 6.4% in May 2020 compared to May 2019. Demand for drywall is predicted to increase as the housing market recovers from COVID-19. Gypsum prices rose by 1.5%...

  • Recreational Vehicles: COVID-19

    Recreational Vehicles: COVID-19

    29 June 2020

    Consumers have developed a new interest in recreational vehicles since the COVID-19 outbreak. Many consumers are reluctant to fly because of the risk of exposure to the virus while others fear being stranded should there be a second wave of the virus. Many consumers also have concerns about staying in hotels and resorts. As a result, RV travel has become an increasingly attractive option for consumers...

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