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Australia bourse ASX invests $10m in US blockchain developer Digital Asset Holdings

By Swati Pandey for DealStreet Asia mag,

Australian markets operator ASX Ltd on Friday said it has bought a minority stake in a U.S. blockchain developer, positioning itself to become the first stock exchange in the world to use distributed ledger technology for public companies. (more…)

Blockchain, Cryptocurrencies, Fintech news

January 10, 2016

439

Deals: Singapore-based Bitcoin startup BitX raises new round of funding from Venturra Capital

By Duncan Miley for Silicon Angle,

Bitcoin startup BitX has raised an undisclosed new round of funding from South East Asia investment fund Venturra Capital. (more…)

Blockchain, Cryptocurrencies, Deals, Fintech news

January 3, 2016

850

Singapore Bitcoin Startup, BitX, Gets $4M From Naspers And Digital Currency Group

TechInAsia: Bitcoin is in an interesting phase. With the flight of speculators following the crash of Bitcoin prices, startups in the space are making a slow climb up the “slope of enlightenment” in the hype cycle. It’s where the rubber meets the road. (more…)

Cryptocurrencies, Deals, Fintech news, InspirAsia, news, Singapore

July 21, 2015

978

Uber For Banking? Coins.ph Turns People Into ATMs

TechInAsia: Philippine Bitcoin startup Coins.ph has come up with a way for you to move money without having to deal with a bank. A new service on its Bitcoin wallet called “Teller” turns anyone with a smartphone into an ATM, where you can deposit your money. Think Uber for banking. (more…)

Cryptocurrencies, Fintech news, InspirAsia, news, Philippines

July 21, 2015

783

ShoCard Raises $1.5M For Its Digital Identity Card On The Blockchain

TechCrunch: What if you could get rid of your driver’s license? We’re not there yet, but ShoCard just raised $1.5M from Morado Ventures Partners, AME Cloud Ventures, Enspire Capital and Digital Currency Group to do just that. As a reminder, ShoCard certifies and stores ID documents into the Blockchain, so that you can securely retrieve them later and prove your identity whenever you need to. Its first use case is for bank and credit card identification processes. (more…)

Cryptocurrencies, Deals, Fintech news, news

July 17, 2015

895

Bitcoin And Ripple, Reshaping Finance World

WIRED: Stefan Thomas, chief technology officer of Ripple Labs, wants to build something he calls the “internet of value”. “By value we’re talking about money but were also talking about stocks and bonds… intellectual property… anything you can think of that might have value,” he tells the audience at WIRED Money.

(more…)

Cryptocurrencies, Fintech news, news

July 12, 2015

802

A Simple Guide To The Blockchain

WIRED: Ahead of the event, here’s everything you need to know about one of the biggest areas currently transforming the world of digital finance: the blockchain. (more…)

Cryptocurrencies, InspirAsia, Singapore

July 1, 2015

883

Westpac and ANZ Experiment with Ripple

Coindesk: Two of Australia’s ‘big four’ banks, Westpac Banking Corporation and the Australia and New Zealand Banking Group, are experimenting with peer-to-peer transfers on the Ripple protocol.

The news, revealed by The Australian Financial Review, follows last month’s announcement that the Commonwealth Bank of Australia (CBA) – another ‘big four’ rival – is trialling the tech for transfers between its subsidiaries. At the time, CBA’s chief information officer David Whiteing described distributed protocols as “the way of the future”.

(more…)

Cryptocurrencies, Fintech news, news

June 11, 2015

952

The Remittance Market: Bitcoin and MasterCard Send

TECHCRUNCH: Bitcoin’s most disrupting feature is its decentralized architecture. Indeed, bitcoin relies on a P2P network of computers to proceed money transfers. Each part of the network works to create new bitcoins (‘mining’), keep the network alive and validate transactions. All the transactions are registered in the blockchain that is used to validate a transaction using cryptography technology: it ensures that you can’t use a bitcoin you don’t own or you don’t use the same bitcoin more than once. This last action previously required a third party, but with bitcoin this is not the case anymore: the network replaces financial institutions and banks. (more…)

Cryptocurrencies, Fintech news, news, p2p-payments, Remittances

May 25, 2015

550

Bitcoin Exchange Receives First License in New York State

The New York Times: New York State’s top financial regulator has granted the first license to a Bitcoin exchange, allowing it to open legally to customers across the country. (more…)

Cryptocurrencies, Fintech news, news

May 7, 2015

624

Jeremy Allaire’s Bitcoin Startup Circle Takes $50M From Goldman Sachs, IDG

TECHCRUNCHCircle, the Bitcoin startup that veteran entrepreneur Jeremy Allaire started, just raised $50 million from Goldman Sachs and IDG Capital Partners. It’s another sign that the finance industry’s most powerful players are starting to take the crypto-currency and its ecosystem seriously. All of Circle’s existing investors including Breyer Capital, General Catalyst Partners, Accel Partners, Oak Investment Partners, Fenway Summer, Digital Currency Group and Pantera Capital participated. Rival Coinbase recently did a large growth round too that involved the New York Stock Exchange and USAA. (more…)

Cryptocurrencies, Deals, Fintech news, news

April 30, 2015

612

Coinbase Expands To The United Kingdom With Wallet, Exchange

TECHCRUNCH: About six months after it initially crossed the pond, Coinbase is finally landing in the United Kingdom. Coinbase is the bitcoin wallet and platform backed with more than $100 million from DFJ, NYSE and Andreessen Horowitz and that has attracted north of 2.7 million consumer accounts. (more…)

Cryptocurrencies, Fintech news, news

April 28, 2015

1201

Unitary Asian Cryptocurrency Would Revolutionise Fintech: Life.SREDA’s Vladislav Solodkiy

DEALSTREETASIA: The recent entry of several fintech-focused accelerators into the Singapore startup ecosystem is laying the foundations for a sophisticated fintech ecosystem in the city-state. This development has played a significant part in the Russian venture capital firm Life.SREDA’s shifting its HQ from Moscow to Singapore. With the recent move by Life.SREDA VC to migrate to Singapore, along with its proposed $100 million second fund, DEALSTREETASIA caught up with its managing partner Vladislav Solodkiywho is also the Chairman of the Board of LifePay Global, which provides mPos services across CIS and Asia Pacific markets.Edited Excerpts (more…)

Columns, Cryptocurrencies, Influences FinTech, InspirAsia, Singapore

April 28, 2015

602

How Asia Uses Bitcoin In One Color-Coded Map

TECHINASIABitcoin is a global phenomenon, but not everyone around the world uses it in the same way. Here in Asia, the way a person from the Philippines uses bitcoin is probably very different from how it’s used in Thailand, and both are very different from the typical user in Taiwan. (more…)

Cryptocurrencies, InspirAsia

April 21, 2015

775

Robocoin, The Bitcoin ATM, Adds A Way To Send Cash Overseas

TECHCRUNCH:  Remittances – sending cash overseas – has always been bitcoin‘s killer app. Now the guys at Robocoin have made it more killer. Their new product, called Romit, is basically a way to send cash through a Robocoin ATM to another ATM or merchant account at fees far lower than other remittance providers. (more…)

Cryptocurrencies, Fintech news, news, Remittances

April 21, 2015

579

Bitcoin Vs. Wall Street: A Love-Hate Story

TECHCRUNCH“First they ignore you…” For the first few years, there was no response from Wall Street. The Wall Street Journal didn’t mention bitcoin until a blog post in June 2011. As the bitcoin community waited, advocates and enthusiasts speculated as to why America’s financial strongholds weren’t talking about the digital currency. Did banks not take bitcoin seriously enough to acknowledge it or feel threatened by its potential? Were they passing it off as a trend or trying to censor it from mainstream adoption? Surely they weren’t oblivious to the new technology that was coming to eat their lunch. (more…)

Cryptocurrencies, Fintech news, news

April 20, 2015

706

Ripple Labs Hires Brad Garlinghouse As Its COO

TECHCRUNCHRipple Labs, which develops a payments protocol for value transfer over the Internet, has hired long-time Yahoo executive and former Hightail CEO Brad Garlinghouse as its COO.

(more…)

Cryptocurrencies, Fintech news, news

April 16, 2015

819

Establishing Trust In The Bitcoin Ecosystem

TECHCRUNCH: On October 31, 2008, Satoshi Nakamoto proposed “a system for electronic transactions without relying on trust.” Yet, it can be fairly argued that trust, or a lack thereof, has been at the heart of the troubles in the bitcoin ecosystem since that day. While the technology has been and continues to be robust, the failure of a few individuals to meet their fiduciary or legal obligations has maligned bitcoin’s image and damaged its relationships with consumers. (more…)

Cryptocurrencies, Fintech news, news

April 16, 2015

757

Philippine Startup Satoshi Citadel Industries Acquires BuyBitcoin.ph

E27.CO: Philippine startup Satoshi Citadel Industries (SCI) has acquired BuyBitcoin.ph, the first Philippine Bitcoin exchange in the country. Founded by Sam Kaddoura, Lasse Birk Olesen, James Florentino and Dan Walton in January 2014, BuyBitcoin.ph is a peso to Bitcoin ‘over-the-counter’ exchange which allows Filipinos direct access to buying and selling of the cryptocurrency. (more…)

Cryptocurrencies, Deals, Fintech news, InspirAsia, news, Philippines

April 14, 2015

655

How Bitcoin Could Revolutionize Remittance In Africa

THE NEXT WEB: A host of local companies are looking to disrupt the remittance market in Africa by undercutting traditional money transfer operators while also offering businesses new ways of accepting payments on a continent with low credit card penetration and an over-reliance on cash. (more…)

Cryptocurrencies, Fintech news, news, Remittances

April 13, 2015

658

An Algorithm to Make Online Currency as Trustworthy as Cash

WIRED: Through bitcoin and other digital currencies, so many activists, entrepreneurs, and opportunists are chasing the dream. They envision a world where we can trade money as easily as we trade data, where anyone can send and receive currency from any machine on earth, where our financial system is controlled not by big banks or big government but by the people. (more…)

Cryptocurrencies, Fintech news, news

April 8, 2015

512

1024

Be Your Own Bank

TECHCRUNCH: Digital currencies have come and gone, and despite the astonishing rise of bitcoin’s popularity over the past 18 months, the majority of the population has yet to board the bitcoin bandwagon. One of the things that has plagued digital currencies in the past has been the perception that they are a solution in search of a problem. Does anyone really need digital currencies like bitcoin? Who are they intended for, and what purpose do they really serve?

(more…)

Cryptocurrencies, Fintech news, news

April 3, 2015

866

UBS to Open Blockchain Research Lab in London

The Wall Street Journal: Swiss banking giant UBS is to open a technology lab in London to explore how blockchain technology can be used in financial services. The lab, set to open this month and occupy a dozen desks at Canary Wharf-based fintech accelerator space Level39 – a hub in London for financial technology startups– will bring together technology experts from the bank and the wider fintech community, UBS said. (more…)

Cryptocurrencies, Fintech news, news

April 2, 2015

1096

A Brief history of Bitcoin – And Where It’s Going Next

THE NEXT WEB: Since 2008, bitcoin adoption has been influenced by a diverse range of factors that have made it one of the most volatile currencies in the world. Yet, despite such volatility, more than 100,000 bitcoin transactions are taking place per day and the volume continues to grow due to the ‘permissionless innovation’ provided by bitcoin’s underlying technology, the blockchain. (more…)

Cryptocurrencies, Fintech news, news

March 30, 2015

721

Bitcoin, investment opportunities & Asian prospects

DEALSTREETASIA: For all of its challenges, there are compelling reasons to evaluate Bitcoin, a relatively new FinTech innovation. In fact, it holds tremendous promise and opportunities for investors and entrepreneurs interested in exploring the space. (more…)

Cryptocurrencies, Fintech news, InspirAsia, news

March 27, 2015

860

Why I’m Getting 5% of my Salary Paid in Bitcoin

FAST COMPANY: An early adopter shares how he approached his employer about getting paid in virtual currency  (more…)

Cryptocurrencies, Fintech news, news

March 26, 2015

447

Get ripped or die mining: How FitCoin can make you a BitCoin fortune at the gym

THE NEXT WEB: This year, the crown for digital currency novelty could go to a development studio based in Austin, Texas for its FitCoin app. While most other cryptocurrencies require some sort of ‘mining’ to generate the currency, FitCoin relies on fitness tracking. (more…)

Cryptocurrencies, Fintech news, news

March 23, 2015

552

Intel Joins the Blockchain Technology Race, Forms Special Research Group

BITCOIN MAGAZINE: IBM and Intel establish departments on blockchain technology behind Bitcoin and other cryptocurrencies   (more…)

Cryptocurrencies, Fintech news, news

March 19, 2015

676

Rakuten To Put Its Bitnet Investment To Work And Accept Bitcoin Worldwide

TECHCRUNCH: Rakuten, Japan’s largest online retail firm, has announced that it will soon accept bitcoin across its global marketplaces. The company is putting its investment in Bitnet — a startup that raised $14.5 million last October — to work with this development. Bitnet, which was founded by ex-Visa execs and is rivaled by Coinbase and Bitpay, will initially be integrated into Rakuten’s U.S. marketplace to allow customers to pay in BTC.

(more…)

Cryptocurrencies, Fintech news, InspirAsia, Japan, news

March 17, 2015