Blockchain technology has the potential to "fundamentally change" our financial system by allowing disintermediation, reducing transaction costs and improving market access
Regulators Should 'Not Stand in the Way of Innovation,' says Australia's Financial Watchdog Police Crackdown on €50 Million Spanish Virtual Currency Ponzi Scheme 'Unete' Spanish national police have arrested 20 people involved in massive Ponzi scheme, Unetenet.
‘Overwhelming’ Demand Leads Singaporean Financial Markets Monitoring Startup to Add Bitcoin Call Levels, a Singaporean startup providing real-time financial monitoring and notification service on the mobile cloud, has added bitcoin prices from itBit following "overwhelming request from users."
Blockchain.info Former Developer Launches Competing Bitcoin Wallet Timothy Lee, a former software developer at Blockchain.info, has announced the launch of ArcBit, an open source bitcoin wallet that supports stealth addresses and promises to provide greater user privacy.
BNP Paribas: Bitcoin’s a Disruptive Invention ‘Like the Steam or Combustion Engine’ BNP Paribas, one of the largest banks in the world, has released a new report in which the bank details two scenarios for the integration of blockchain technology in our financial system
JUL 2 DIGEST: Former Skype Exec Joins Blockchain.info Board; Singapore's Central Bank Backs Blockchain Project Singapore's central bank funds blockchain-based project; former Skype COO joins Blockchain.info board; 36 French startups team up to create Fintech association; Citigroup develops 3 blockchains and more news
Citi Develops 3 Blockchains with Own 'Citicoin' Token Banking giant Citigroup, has developed 3 blockchains and a test cryptocurrency dubbed 'Citicoin' to run across them.
Visa Exec: Bitcoin Won’t Grow ‘Unless there is Trust in the System’ Visa has a dedicated team in London looking at specific use cases involving blockchain technology but argues that bitcoin won't reach mainstream acceptance "unless there is trust in the system"
JUN 24 DIGEST: BitLicense Gives Crypto Businesses 45 Days to Comply, Canadian Bank CIBC Studying Blockchain Tech Businesses that are involved in virtual currencies have 45 days to comply with NY's BitLicense; Jeff Garzik's space firm releases preliminary design for Bitcoin satellite and more news
JUN 23 DIGEST: 2nd US Agent Pleads Guilty to Bitcoin Theft; Former Nike Exec Named Bitreserve CEO Former US agents charged with pocketing hundreds of thousands of dollars in bitcoin reached a plea agreement with prosecutors; Anthony Watson has been made CEO at Bitreserve and more news
Weekend Roundup: Estonia’s LHV Bank Talks Blockchain Tech, 62% of New Millionaires Are from Asia Weekend Roundup from Coinpectra.
MasterCard-Backed Catalyst Launches as the World's First Dedicated Payments Incubator The UK's Emerging Payments Association (EPA) has announced the launch of the Catalyst, an incubator dedicated to early stage payments companies.
Stripe to Launch in Nordic Countries, Challenging Swedish Rival Klarna Stripe, one of the hottest payments startups, has announced it is expanding to Sweden, Denmark, Norway and Finland
JUN 17 DIGEST: KPCB Launches $4M Investment Fund, Coinbase Announces 'Instant Exchange' Feature KPCB launches investment fund to boost emerging technologies startups; Augur releases alpha version; MonetaGo launches in 40 Countries and more news.
Banks & Fintechs Must Collaborate to 'Re-Engineer' the Global Financial Services Industry Megabank's venture capital fund, argues that banks and fintech startups need to collaborate in order to "reboot" the global financial services industry and trigger the 'Fintech 2.0' revolution.
Weekend Roundup: Venezuelans Turn to Bitcoin, Russia to Legalize Bitcoin Transactions Weekend Roundup from Coinpectra.
Australia’s ‘Big Four’ Bank ANZ Integrates Contactless Payment Feature Australia and New Zealand Banking Group (ANZ), has announced it will implement China's UnionPay contactless payment feature QuickPass to ANZ EFTPOS
JUN 10 DIGEST: Max Keiser's 'Bitcoin Capital' Investment Fund Raises over $1M, Bitso Acquires Unisend Mexico A cryptocurrency fund managed has raised over US$1 million; GoCoin and Ziftr announce merger agreement; rewards programs exempted from New York's BitLicense and more news
Australia’s 'Big Four' Banks ANZ & Westpac Test Out Ripple Payments Two of Australia's "big four banks," Westpac Banking Corporation and the Australia and New Zealand Bank Group (ANZ), are trialing Ripple payments for faster and lower-cost cross-border payments.
Fintech ‘As a Bridge Out of Poverty' to Fight Financial Exclusion Beyond the business opportunities, financial innovations have a larger socio-economic role to play and could help pull billions of people out of poverty, according to a new report.
Weekend Roundup: Facebook Announces PGP Feature, NY's BitLicense Raises Controversy Weekend Roundup from Coinpectra.
Former JP Morgan Exec: Distributed Digital Ledgers Will Change Finance Former JP Morgan credit default swap pioneer, Blythe Masters, believes that distributed digital ledgers have the potential to empower business models and will fundamentally change how our financial world operates.
KnCMiner Deploys ‘More Environmentally Friendly’ 16 nm Bitcoin Mining Chips KnCMiner, a Stockholm-based bitcoin mining hardware manufacturer, has announced today the deployment of its home-designed 3D bitcoin mining 16-nanometer chip.
JUN 3 DIGEST: KnCMiner Unveils New 16 NM Chip, Lawsky to Discuss Bitcoin Regulation in Washington DC Mike Hearn says internal politics restrain Google from adopting bitcoin, TAR Airlines becomes Latin America's first airline to accept BTC and more news
Tech Giants Google & Intel Are the Biggest Corporate Investors in Fintech Google and Intel have concluded 37 and 16 deals respectively since 2010 and are the most active corporate investors in the fintech space, according to new findings from CB Insights.
Weekend Roundup: OKCoin Faces Severe Image Crisis, Ross Ulbricht Gets Life in Prison Weekend Roundup from Coinpectra.
Commonwealth Bank of Australia to Integrate Ripple for Instant Settlements "Big four" Australian bank, the Commonwealth Bank of Australia (CBA), has announced its plans to integrate Ripple and use the distributed network to transfer funds between its subsidiaries.
Bitcoin ATMs Reach 400 Units Worldwide, 2-Way Machines on the Rise The number of Bitcoin ATMs across the globe has hit 400. Meanwhile, operators are reportedly making US$1-3K monthly of their Lamassu units, 2-way machines are on the rise, and other interesting metrics from CoinATMradar
13 FinTech Unicorns: The Industry Disrupters That Are Worth Billions With currently 108 unicorns worldwide, the billion-dollar valuation club is nowhere near getting smaller.
MAY 27 DIGEST: Block Chain Summit Kicks Off on Richard Branson's Private Island, Xapo Announces Advisory Board The Block Chain Summit kicks off at Branson’s private island, Xapo announces its advisory board, BitQuick.co integrates Clef's 'passwordless' authentication system, a new Bitcoin center in the capital city of Brazil, and more news.