The Exponential Finance 2016 conference, organized by Singularity University and CNBC, was held in New York on June 7 and 8. Once again, distributed ledger technology and applications were extensively featured, with MIT Media Lab director Brian Forde giving attendees a glimpse of current initiatives. Singularity University, based at Moffett Federal Airfield in California and […]
Intel has announced the creation of a new fintech innovation lab in Tel Aviv, The Jerusalem Post reports. The lab will be operated in association with The Floor, a fintech hub based at the Tel Aviv Stock Exchange. The work of the new Intel fintech lab will be centered on blockchain technology, biometrics and the […]
Ethereum holds a top position among the promising blockchain platforms being investigated by R3, the financial innovation consortium that includes more than 50 of the world’s leading banks. Recently R3 commissioned Ethereum creator Vitalik Buterin to write a report on Ethereum design, upcoming technical developments and applications in private systems. Buterin’s report, titled “Ethereum: Platform […]
Japanese banking giant Tokyo-Mitsubishi UFJ has confirmed experiments on the rumored “MUFJ Coin”, a digital currency that could soon become the world’s first ever digital currency issued by a major bank. A spokesman for Bank of Tokyo-Mitsubishi UFJ has, in a statement to Reuters, confirmed that the bank is experimenting on a “coin” issued by […]
The price of bitcoin is back in the spotlight, but following weeks of gains, market observers are beginning to assess what’s next.
MGT Capital Investments, a New York-based firm, is renaming itself to “John McAfee Global Technologies, Inc.,” in honor of its incoming CEO and Chairman, the recent Libertarian presidential contender and consumer computer security pioneer, John McAfee. At the same time, the investment company is bringing on at least two of the most recognized names in […]
Microsoft today unveiled a new project designed to make it easier for businesses to team up on new blockchain projects.
The IMF has published an article that looks at the pros and cons of bitcoin’s blockchain technology in the banking and trading sectors.
The bitcoin price chart has reclaimed position above the $680 (Bitstamp) price level. For now it looks like further correction is ruled out. A Fed rates announcement, later today, hangs over global markets. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive […]
Market observers weigh in on bitcoin’s latest price increase, voicing their opinions on what drove the value of the digital currency over $700.