Banking whistleblower's next crusade: a clean cryptocurrency
One of banking's most wanted whistleblowers, Frenchman Herve Falciani, has picked unlikely new weapons to fight money-laundering and fraud - cryptocurrency and the blockchain technology behind it.
Swiss exchange SIX to launch blockchain bourse in second half
Swiss exchange SIX plans to launch its new SDX trading platform using blockchain technology to speed up trading in the second half of this year, Chairman Romeo Lacher said on Wednesday.
Judge pauses lawsuits against cryptocurrency company Quadriga
A cryptocurrency platform that lost access to millions of dollars when its founder died with sole knowledge of company passwords has been granted a temporary reprieve from creditor lawsuits.
Millions in cryptocurrencies frozen after Canadian founder's death
About C$180 million ($137.21 million) in cryptocurrencies have been frozen in the user accounts of Canadian digital platform Quadriga after the founder, the only person with the password to gain access, died suddenly in December.
Fintech companies raised a record $39.6 billion in 2018: research
Venture capital-backed financial technology companies raised a record $39.57 billion from investors globally in 2018, up 120 percent from the previous year, according to research by data provider CB Insights published on Tuesday.
U.S. crypto exchange Kraken buys index provider Crypto Facilities
U.S. virtual currency exchange Kraken said on Monday that it had acquired Crypto Facilities, a cryptocurrency index provider that calculates the reference price for CME Group Inc's bitcoin futures.
U.S. bank trade group, Accenture and others back fintech startup Finxact
Accenture Plc, SunTrust Banks Inc and the American Bankers Association, a trade group for U.S. banks, said on Friday that they had joined a $30 million investment round in Finxact, a startup that develops the back-end technology used by banks to process some transactions.
Ugandan firm uses blockchain to trace coffee from farms to stores
An Ugandan company has started using blockchain, the technology behind virtual currency Bitcoin, to certify shipments of coffee to try to meet growing demand from consumers for more information about where products have come from.
Payments company Square launches debit card for small businesses
Payments company Square Inc is launching a free debit card for small businesses aimed at helping them better manage their cash flows, the company said on Thursday.
LSE's technology to power Asian cryptocurrency platform
London Stock Exchange Group said on Tuesday Hong Kong-based AAX would use its technology for cryptocurrency trading, allowing the British exchange operator enter a nascent yet highly speculative industry.
Daily bitcoin transactions on darknet markets doubled throughout 2018: report
Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything from illegal drugs to fake IDs, even though the price of the cryptocurrency crashed, according to a study by data firm Chainalysis.
Online student lender CommonBond lays off 18 percent of staff
Online student lender CommonBond has laid off around 18 percent of its staff, a company spokeswoman said, citing a plan to shift investment into new areas.
Global blockchain unicorn Bitfury launches music business
Global blockchain company The Bitfury Group, valued recently at $1 billion, announced on Wednesday the launch of a music and entertainment division that will create an open-source music platform secured by the bitcoin blockchain.
Chevron, Total and Reliance join oil blockchain platform Vakt
Oil majors Chevron and Total , along with major Indian refiner Reliance Industries , have joined the blockchain-based platform Vakt, London-based Vakt said on Tuesday.
Belarus allows traders to buy shares with bitcoin
Belarus launched a platform on Tuesday allowing traders to buy shares, gold, foreign exchange and other traditional assets with cryptocurrencies, which it says is the world's first regulated tokenized securities exchange.
HSBC settles forex deals worth $250 billion on blockchain in last year
HSBC has settled $250 billion worth of forex trades using blockchain in the last year, it said on Monday, suggesting the heavily hyped technology is gaining traction in a sector until now hesitant to embrace it.
Fintech firms want to shake up banking, and that worries the Fed
The U.S. Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital Inc or Kabbage Inc. access to the country's financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold.