Month: January 2016

Cambridge Blockchain Wins Santander InnoVentures Distributed Ledger Challenge; Everledger Takes First Prize in Fintech Finals 2016 Pitch Competition

Cambridge Blockchain, a startup that provides identity verifications tools, has won the Santander InnoVentures Distributed Ledger Challenge. On January 27, eight blockchain startups competed for a US$15,000 grand prize and the opportunity to partner with Santander during the Santander Distributed Ledger Challenge in New York. Cambridge Blockchain won the grand prize, followed by Midasium, the …

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World Economic Forum 2016: What Financial Leaders Said About Bitcoin and Blockchain

At the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, leaders of the world’s largest financial institutions, companies and organizations discussed the potential of new innovations and shared their views on Bitcoin and blockchain technology. In a session dedicated to the future of financial services called The Transformation of Finance, the heads …

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Bitcoin Core’s Jonas Schnelli: Core Would Need to Increase Block Size If Classic Succeeds

Jonas Schnelli is a contributor to Bitcoin Core whose first pull request was merged into the codebase in April of 2013. He has made 220 commits in total, which puts him in the number six spot of the contributors list, right behind Blockstream Core Tech Engineer Matt Corallo. Schnelli recently gave a presentation related to …

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Airbitz Expands to Europe

2015 was a successful year for Airbitz with the wallet provider raising $450,000 from blockchain venture firm, Block26 and partnering with companies to add new functionality including buy/sell within the USA and Canada and Fold integration, allowing users to easily buy discounted gift cards from within their wallet. This week, they’ve announced plans to increase their market …

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Digital Asset Closes US$50M Funding from 13 ‘Financial Leaders,’ Announces Partnership with ASX

Digital Asset Holdings has raised more than US$50 million in funding from international firms, financial institutions and banks, including Citi, BNP Paribas, as well as Blythe Masters’ former employer JP Morgan, the company announced yesterday. Other participants in the round included ABN AMRO, Accenture, Australian Securities Exchange Ltd. (ASX), Broadridge Financial Solutions, Inc., CME Ventures, …

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DC Blockchain Summit Adds Speakers From IBM, The FTC And Congress

The DC Blockchain Summit is taking place at George Town University on March 3rd. Today, the Chamber of Digital Commerce has announced three new speakers. The late additions join a list that already includes speakers from Microsoft, American Express, The International Monetary Fund (IMF), Booz Allen Hamilton, NASDAQ, Capital One and more. The new speakers include …

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Gatecoin is Integrating with an International Bank for Bitcoin Brokerage and Blockchain Remittance

Gatecoin, a bitcoin exchange based in Hong Kong, is currently integrating with an international bank in Africa to allow it to provide bitcoin brokerage and blockchain remittance services in several African countries. According to Gatecoin’s co-founder and CEO Aurélien Menant, the solution will be deployed around March or April. Aurélien Menant, co-founder and CEO of …

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Mavordi ‘MMM Global’ Scam Declared Illegal By Chinese Government

Investors have been warned by the Chinese Government about MMM Global and MMM China. The Chinese government believe that those schemes — and sites like them — are illegal. This news comes to us from Chinese media site Caixin [via Coinfox]. What Is MMM? MMM Global is run by convicted Russian fraudster Sergey Mavrodi who served over four years in …

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First Global Credit Expands Bitcoin Backed Stock Trading To Include The London Stock Exchange

Founded In 2014 by Gavin Smith and Marcie Terman who between them hold over 35 years of experience in financial services, First Global Credit were the first company to allow Bitcoin to be used as collateral margin for over 200 stocks and a selection of ETF’s. Within 14 months they’ve grown their user base to …

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Simon Dixon Says Hearn Is Part Of Banks’ ‘War on Bitcoin’ On CNBC

If it weren’t for the Cryptsy failure, Mike Hearn would undoubtedly be the most hated man in the Bitcoin community at the present moment. After publicly announcing that he was giving up the decentralized currency and called it a failure, he doesn’t have many friends left. Unsurprisingly, leaders in the community have been taking shots at …

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Exclusive: Bitcoin Developers Explain Addition of Tor-Style Onion Routing to Lightning Network

Although the Lightning Network has the potential to help Bitcoin scale to millions of new users, the scheme powered by payment channels has become a controversial topic of conversation in the community. Some would rather see an immediate increase in the block size limit, but the developers behind Bitcoin Core seem intent on turning the …

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Why Blockstream CEO, Austin Hill Believes The Scaling Debate Is A Blip

Bitcoin’s scalability issues continue, coming to a head this week when Bitcoin developer and long-term evangelist, Mike Hearn brandished the technology a failure, announcing his exit from the space. We spoke to Blockstream CEO, Austin Hill to talk about the issues raised by Mike, and the proposals for scaling Bitcoin Oliver Carding: The last time …

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