Big data has been a hot topic in the finance and IT spheres for some time now. With all of the funds flowing into the big data market, it is not hard to see why. More often than not, big data is used as a tool for ascertaining patterns that may lead to more efficient methods of business operations and insight into certain phenomena that would otherwise be invisible to those without access to such powerful tools.
The US Government has uncovered $3.6 billion in stolen Bitcoin, one of the largest cryptocurrency thefts in history, which happened following a breach of the virtual currency exchange Bitfinex, with the culprits allegedly escaping with more than $100 million in Bitcoin.
Nothing beats an eruption of blockchain news to leave you wondering, "Um… what's going on here?" That's how I felt when I read about Grimes being paid millions of dollars for NFTs or Nyan Cat being peddled as one.
With over $589 billion transferred in 2021, a 7.3 percent increase over 2020, the global remittance industry is massive. It would be good to know where our money is going to though, right? Let’s have a look at the world’s top remittance recipients.