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U.S. Regulators Have Given Coinbase Approval to List Tokenized Securities
FinTech
The Securities and Exchange Commission and Financial Industry Regulatory Authority have cleared the way for Coinbase to become one of the first federally regulated platforms to trade cryptocurrencies that have been listed as securities, which could eventually lead the popular exchange to handle billions of dollars raised by companies in initial coin offerings. As first reported by Bloomberg, regulators approved
'A New Revolution of Medicine': Senseonics Brings Automation to Diabetes Care
FinTech
Automation and artificial intelligence are transforming everything from travel to finance to how garage doors are closed. The management of personal health is poised for similar disruption. Fitbit Inc (NYSE: FIT) and Apple Inc. (NASDAQ: AAPL) have taken wearable-based health monitoring mainstream and set the stage to link sensors to drug delivery systems or therapy regimens. “There’s a lot that
Microsoft Prez Calls on Government to Regulate Facial Recognition Technology Following Public Backlash
Microsoft's president has called on the U.S. government to regulate the use of facial recognition technology, responding to the public backlash over its contract with the government to develop this controversial software. Brad Smith, Microsoft's president and chief legal officer, sought to balance the benefits and risks of computer-assisted facial recognition in a blog post published on Friday, noting that
4 Uses For Blockchain Technology You Hadn't Considered
FinTech
Cryptocurrencies and blockchain have grabbed the headlines recently purely for the average person to make unthinkable money from doing nothing. This has proved to be true at some points depending on your ability to buy and sell at the right time. But there is an alternative to the technology other than simply making money. Outside of finance, there are a
Most ICOs Are Failing Within Just Four Months
FinTech
Four months – that’s about how long over half of cryptocurrency startups last after their ICO, a recent study found. With entrepreneurs raking in millions before even delivering a valuable service, and little to no governance, it’s no surprise the majority are never more than a flash-in-the-pan failure. Dr. Hermann Liu and Haydar Haba—serial entrepreneurs and blockchain authorities with experience
iShares Enters Robotics ETF Fray
BlackRock, Inc.'s (NYSE: BLK) iShares unit, the world's largest issuer of exchange traded funds, entered the artificial intelligence and robotics arena Thursday with a new ETF. The iShares Robotics and Artificial Intelligence ETF (NYSE:IRBO) is the newest iShares ETF and the issuer's first focusing on the burgeoning AI and robotics investment themes. What Happened The AI and robotics ETF landscape
Hackers Make Off with $23.5M From Israel-Based Crypto Exchange
FinTech
Hackers have stolen about $23.5 million in cryptocurrency from users on Bancor, an Israel-based decentralized exchange platform. The company said in a statement that the security breach led to the loss of $12.5 million in Ether, $1 million in Pundi X’s NPXS token and $10 million in Bancor’s BNT. The network has been offline since the security breach, but Bancor
Top 5 Things to Be Aware of Before Investing in a New Cryptocurrency
FinTech
With the continuing volatility of bitcoin and other cryptocurrencies, and millions of dollars’ worth of cryptocurrencies stolen by hackers in recent months, what should investors be aware of before pouring their hard-earned money into digital assets? Please find a listicle below which looks at the top five things investors need to be aware of before investing in a new cryptocurrency, written by Gianluca
Say Hello to Honu, the Uber-Rare CryptoKitty That’ll Help Save Our Oceans
FinTech
The world’s most dominant blockchain game may be known more for its cute and quirky digital felines, but as Forbes points out, the CryptoKitties team is actually “heavily focused” on the blockchain for global good movement, too. As such, the game maker recently partnered with ACTAI Global and Ocean Elders to create Honu, a half-turtle and half-kitten CryptoKitty, which they
Sergey Brin Admits Google Missed the Boat to Be an Early Adopter of Blockchain Technology
FinTech
Alth0ugh Google has transformed our lives so thoroughly through its technological innovations that its company name is now a verb roughly translated to mean search, the Mountain View, Calif. company has been a lot less transformative when it comes to some of the most recent waves in innovation, especially blockchain technology. Google's slow-footed move into blockchain is not lost on