Banks missing important opportunities presented by bitcoin; says venture capitalist
Jun 09, 2016 13:04 pm UTC| Digital Currency
Fred Wilson, venture capitalist and co-founder of Union Square Ventures, called out leading global banks during The Future of FinTech Conference in New York for not paying attention to the bitcoin. Wilson believes banks...
Blockchain could ensure proper implementation of AML/KYC rules; says Hong Kong regulator
Jun 09, 2016 12:42 pm UTC| Digital Currency
TheHong Kong Securities and Futures Commission has come out in support for blockchain technology, saying that the technology has the potential to ensure proper implementation of Anti-Money Laundering and Know Your Customer...
WSTA, EY to co-host blockchain-focused panel discussion
Jun 09, 2016 12:00 pm UTC| Digital Currency
The Wall Street Technology Association (WSTA) and Ernst Young (EY) are going to host a panel discussion onBlockchain Technology: Distributed Infrastructure and the Distribution of Financeon June 21st, in New York...
Bitcoin company Satoshi Citadel receives seed funding from Kakao
Jun 09, 2016 11:28 am UTC| Digital Currency
Philippines-based bitcoin company Satoshi Citadel Industries (SCI) has received seed funding from Korean based Kakaos venture capital arm. K Venture Group (KVG) is a subsidiary of Kakao which specializes in venture...
New slide deck outlines blockchain potential for financial sector
Jun 09, 2016 10:08 am UTC| Digital Currency
FinTech Network, in association with the Blockchain for Finance Conference on October 3rd in London, has released a slide deck, which outlines the current state of blockchain development as well as the opportunities and...
Shandong Luyitong acquires producer of first bitcoin mining ASIC
Jun 09, 2016 09:44 am UTC| Digital Currency
Shandong Luyitong Intelligent Electric PLC which manufactures electric apparatus and equipments has acquired Canaan Creative, the company that produces the Avalon chip series, the first application-specific integrated...
SA Innovation Summit partners with insurance service firm for blockchain hackathon
Jun 09, 2016 09:11 am UTC| Digital Currency
SA Innovation Summit which is South Africas premier global innovation event partners with insurance service company Santam for blockchain hackathon which is to take place from 23-24 September 2016. The hackathon will...
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