Infosys’ EdgeVerve Systems in talks with banks for blockchain adoption
Jun 03, 2016 05:14 am UTC| Digital Currency
Infosys EdgeVerve Systems which is a product subsidiary of Infosys that offers the Infosys Finacle universal banking solution suite said on Thursday that it is in initial talks with banks to adopt the blockchain...
CFTC slaps $75K penalty on Bitfinex over trading violations
Jun 03, 2016 04:44 am UTC| Digital Currency
The U.S. Commodity Futures Trading Commission (CFTC) has issued an Order filing against Hong Kong-based bitcoin exchange Bitfinex, requiring it to pay a $75,000 civil monetary penalty. The CFTC found that the exchange...
Abu Dhabi regulators propose regulatory framework to support blockchain and fintech startups
Jun 02, 2016 12:24 pm UTC| Digital Currency
Abu Dhabis independent regulatory authority comes up with a regulatory framework to support participants deploying innovative technology within the financial services sector. The framework will promote the development...
Coinbase launches Buy Widget to simplify bitcoin purchases for new users
Jun 02, 2016 12:21 pm UTC| Digital Currency
Coinbase, a San Francisco based leading bitcoin exchange and wallet service, has announced that it has built its Coinbase Buy Widget to facilitate easiest and fastest bitcoin purchases by a new user. We are very excited...
Bitcoin exchange Huobi surpasses Bitfinex by BTC/USD volume
Jun 02, 2016 12:00 pm UTC| Digital Currency
Huobi, a China-based bitcoin exchange platform overtakes Bitfinex as the leading USD exchange for Bitcoin trading in the past 24 hours. Bitfinex, one of the most advanced cryptocurrencies exchange was the market leader...

Blockchain releases new commercial to boost bitcoin adoption
Jun 02, 2016 10:59 am UTC| Digital Currency
In a move that could greatly help to take bitcoin to the masses, Blockchain, one of the popular bitcoin wallets, has released a new commercial advertisement inviting people to start a bitcoin wallet. The 1.24 minute...
Business magnate Richard Branson Island to host second annual blockchain summit
Jun 02, 2016 10:30 am UTC| Digital Currency
Business magnet Richard Branson is set to host another blockchain-focused gathering at his private island in the Caribbean which will be conducted by bitcoin mining firm BitFury and event group Mai Tai. The event is...