digital currencyRSS

Coinbase joins unicorn club with $100m funding, partners with Fidelity

Welcome to unicorn club

Digital currency wallet Coinbase has taken the leap to become a unicorn. The San Francisco-based company announced it has received $100 million in Series D funding led by IVP.

Digital currency: the future or the biggest flop?

Carl Freer

From Bitcoins to even newer (and lesser known, but rising) forms of currency, will this level the playing field for people in the future, or is this all just a sham that will die down? As things get digitised, what do we need to know about digital currencies, and does this mark the demise of traditional forms of currencies?

Stellar offers sponsorship for fintech start-ups

stellar

Stellar Development Foundation is offering sponsorships for fintech start-ups, and those who educate developers or represent an NGO. Sponsorship is available in the forms of “lumens” – Stellar’s unit of digital currency, similar to a Bitcoin. The firm says its goal is to support new products and ideas, and for those enabling that goal via […]

Shinhan Bank and Streami to launch Bitcoin remittance service

Shinhan Bank HQ, Seol. Image source: Kaniwari, Wikimedia Commons

South Korea’s Shinhan Bank is launching a Bitcoin remittance service between Korea and China, with Hong Kong as an intermediary. The service will be available in December.

A boringly good guide to cryptocurrencies

Image source: MBNA

Here is a boringly good guide to cryptocurrencies, courtesy of MBNA. It is not boring at all really!

Payments start-up nanopay gets $10m funding boost

nanoPay

Toronto-based payments start-up nanopay has completed its $10 million Series A funding round. With this financing and the MintChip platform, which nanopay recently acquired from The Royal Canadian Mint, it is developing new business partnerships to “expand the global utility and acceptance” of MintChip. Laurence Cooke, CEO and founder of nanopay, says its focus is […]

Digital currency & payments: heads together on the blockchain

xxxxx

It’s difficult to avoid writing about distributed ledger technologies, so we won’t. Last month Australian Craig Wright claimed to be the elusive inventor of bitcoin, Satoshi Nakamoto. Displaying uncharacteristic scepticism, many mainstream media outlets doubted his claims. Whether it’s true or not, the story attracted great interest. Distributed ledger, blockchain (some argue the two are […]

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