Blockchain-powered B2B payments platform PayStand raises $6M in Series A funding
Nov 17, 2017 03:34 am UTC| Digital Currency
PayStand, a payments platform using blockchain technology to automate and secure B2B systems, has raised $6 million in a Series A round led by BlueRun Ventures with participation from Cervin Ventures, Serra Ventures, TiE,...
Prudential, StarHub partner to launch blockchain-based digital trade platform in Singapore
Nov 17, 2017 02:45 am UTC| Fintech Digital Currency
Prudential Singapore and StarHub have partnered to launch a blockchain-based digital trade platform for Small and Medium-sized Enterprises (SMEs). Dubbed Fasttrack Trade (FTT), the platform would enable SMEs to seek...
FxWirePro: FCA warns but CME signals ray of hope for cryptocurrency derivatives
Nov 16, 2017 11:12 am UTC| Digital Currency Research & Analysis Insights & Views
The British regulator, the Financial Conduct Authority (FCA), has given out a warning to investors against venturing into cryptocurrency contracts for differences (CFDs). The agency claimed that digital currency-based CFDs...
FxWirePro: ETH/USD trades lower, break below trend line support at 299 to see further downside
Nov 16, 2017 10:50 am UTC| Digital Currency
ETH/USD is trading lower on Thursday as it failed to sustain its strength above the trend line joining 404.99 and 395. It is currently trading at 319 levels at the time of writing (Kraken). Ichimoku analysis (Daily...
E&Y expands blockchain talent and facilities in Europe with multimillion dollar investment
Nov 16, 2017 10:07 am UTC| Digital Currency
EY has announced a multimillion-dollar investment in blockchain talent, technology and facilities in Europe. The firm said that it is expanding its European teams that develop innovative blockchain-based products to...
FxWirePro: BTC/USD trades higher, likely to re-take 7500
Nov 16, 2017 08:39 am UTC| Digital Currency
BTC/USD is trading higher on Thursday and has hit 7460 levels so far in the day. It is currently trading at 7365 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen:...
IBM and leading banks complete POC of blockchain-based shared KYC
Nov 16, 2017 08:25 am UTC| Digital Currency
IBM has successfully completed the Phase I proof-of-concept (POC) of its Shared Corporate Know Your Customer (KYC) project. The project is being conducted in collaboration with Deutsche Bank, HSBC, Mitsubishi UFJ...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects