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Fido Gears up to Trade Crypto
If you were looking for a sign that crypto was going mainstream, this is probably it. Bloomberg: Fidelity Investments, which began a custody service to store Bitcoin earlier this year, will buy and sell the world’s most popular digital asset for institutional customers within a few weeks, according to a person familiar with the matter. The Boston-based firm, one of
Bitfinex Launches $1B Token Sale
Hong Kong-based crypto exchange Bitfinex is looking to raise $1 billion in an IEO, writes The Block: Crypto exchange Bitfinex will conduct an initial exchange offering (IEO), aiming to raise $1 billion, according to details from an upcoming white paper reviewed by The Block. The final version of the white paper is still under review. Bitfinex’s exchange tokens, dubbed LEO,
DBS: Singapore May Soon Allow Virtual Banks
FinTech
Following Hong Kong’s move, Singapore may soon issue virtual banking licenses, writes Bloomberg: Singapore could follow Hong Kong in handing out virtual banking licenses, according to the head of the largest local lender, in a move that would create another source of competition for the city state’s established banks. “I see no reason why it would not,” DBS Group Holdings
Switching Sides: Google AI Expert Accepts Job At Apple
AI
Ian Goodfellow is a name many investors aren't familiar with, but he's making headlines after quitting Alphabet Inc GOOG 0.01% GOOGL to join Apple Inc. AAPL. What Happened Goodfellow was one of Google's leading artificial intelligence experts and credited for being the "father" of general adversarial networks (GANs), CNBC reports. While working at Google, Apple employees did research that was based
2019 Marks The Year For The 5G Technology Market
Smart Cities
mohamed_hassan / Pixabay Highlights from Mobile World Congress (MWC) 2019 2019 is the year 5G networks will come to life and 5G smartphones will become commercially available. In this article, we will focus on the exhibitions regarding 5G technologies, from the hardware to vertical applications, at Mobile World Congress (MWC) 2019. More information can be found in the brand new
Leave the Renminbi Out of US-China Trade Talks
CAMBRIDGE – Will a possibly imminent US-China trade agreement exacerbate global business cycles or even plant the seeds of the next Asian financial crisis? If the eventual agreement – assuming there is one – forces China to hew indefinitely to its outmoded, overly rigid exchange-rate regime, then the answer may be yes. Keeping the renminbi’s exchange rate stable against the
JP Morgan, Microsoft Team up to Boost Adoption of Blockchain
Blockchain
Two of the world’s largest corporations have joined forces on blockchain. In a statement released Thursday, J.P. Morgan and Microsoft announced that they are forming a strategic partnership to “accelerate the adoption of enterprise blockchain.” The partnership basically makes J.P. Morgan’s enterprise version of Ethereum, Quorum, as the first distributed ledger platform available through Microsoft’s Azure Blockchain Service, allowing their
NexChange Interview Series: Brad Yasar, Founder of Beyond Enterprizes
In this installment of the NexChange Interview Series, Olga Yaroshevsky talks to Brad Yasar, Founder and CEO of Beyond Enterprizes, about the Blockchain Investors Consortium, the biggest challenges of an investor, real-world blockchain business applications, and more. Check it out:
A Q&A With The Co-Founder Of Quantamize
FinTech, AI
Stephen Mathai-Davis is the co-founder, chief investment officer and managing member of Quantamize, an investing research platform that utilizes AI and multi-factor models to generate investment ideas. We caught up with him to find out how the platform works, what makes their ideas unique, and how investors should use it. Read more at Benzinga. Photo: Ivan T
Cashless Cities Topping The Charts For Contactless Payments Revealed
FinTech
Cashless cities topping the charts for contactless payments revealed: London doesn’t top the list New data from Paymentsense reveals the UK cities leading accelerated growth in contactless payments with the top 10 expected to go cashless first. Business Guides Cashless Cities Topping The Charts For Contactless Payments Revealed 2 days ago at 11:40 am by Jacob Wolinsky Cashless cities topping