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CoinMarketCap Launches New Apps
After teasing them for a week, CoinMarketCap, the world’s most popular crypto data site, announced the launch of two new apps. The two new apps are their first-ever Android app and a revamped version of their iOS app. They reportedly feature a “full experience” and incorporate elements not included in the main website, such as portfolio tracking, candlestick charts, side-by-side
And Hong Kong’s First Blockchain-Fueled Insurer Is…
Blue Cross, per the SCMP: On Tuesday, Blue Cross (Asia-Pacific) Insurance said it has become the first insurer in the city to launch a blockchain-backed solution to speed up medical insurance claims and prevent fraud, adding that the distributed ledger technology will also help the company cut costs. Rivals Prudential, HSBC Life and Bowtie Insurance have started selling insurance products
Nexyst: Bridging Traditional Finance and Digital Asset Management
From the creation of JP Coin to the launch of Fidelity Digital Asset Service, the digital assets market seems to be getting ready for large-scale cash infusions from big institutions. Traditional players, however, are struggling to overcome challenges in investing in this new asset class. To facilitate a smooth transmission from traditional investment to digital asset investment, Nexyst is building
NexChange Interview Series: Blockchain and Digital Assets Regulation With King & Wood Mallesons Partner Urszula McCormack
This week on the NexChange Interview Series, NexChange’s Olga Yaroshevsky chats with Urszula McCormack, Partner at King & Wood Mallesons, about global regulations and the blockchain-based Digital ID concept.
Fed Candidates Cross a Line; Illinois Finds Its Way
  Lessons from Illinois Sino-Nippon Trade Relations The Fed’s New Face(s)?   Illinois is a median among U.S. states. Geographically, it sits in the middle of the country. Of the 50 states in the union, it was chronologically the 21st to enter. By land area, it is the 25th largest state, connecting the Great Lakes on its east to the
YieldStreet Acquires Athena Art Finance From Carlyle Group, Co-Investors
Digital wealth management platform YieldStreet announced the acquisition Wednesday of Athena Art Finance from the Carlyle Group CG in a $170-million deal. What Happened Athena provides art dealers, art galleries and collectors access to tailored financing alternatives that are secured by fine art, according to YieldStreet. The company has originated more than $225 million in loans since the business started in
'King of Quants' Questions Machine Learning: 'Can Machines Learn Without Humans?'
Eric Sorensen is one of the last standing men of his generation. As one of the early quants, Sorensen, now 71, is the oldest quant researchers running a large quantitative investment firm — one currently with over $46 billion under management. As head of Boston-based PanAgora Asset Management, he looks at trends in artificial intelligence, machine learning and other quantitative
Hong Kong Mulls Additional Incentives for Angel Investors
Hong Kong’s start-up scene has been on a tear lately, and it looks like it may get another boost sometime soon. According to the SCMP, Financial Secretary Paul Chan Mo-po recently blogged that the Hong Kong government is considering additional incentives for angel investors. Chan said that angel investors – who mainly operate outside the city – are “important to
NexChange Interview Series: DLT With Swift Managing Director Lisa O’Connor
In this installment of the NexChange Interview Series, NexChange’s Olga Yaroshevsky speaks to Lisa O’Connor, managing director for Securities, Treasury and Standards, Asia Pacific at SWIFT, about Hong Kong Blockchain Week, SWIFT’s new DLT project, and other real-world application of blockchain. Check it out:
Tim Draper Meeting With Facebook To Discuss Cryptocurrency Investment
Tim Draper, venture capitalist and founder of Draper Associates, is reportedly meeting with Facebook, Inc. FB 0.9% to discuss Facebook’s interest in creating its own cryptocurrency. According to BitcoinExchangeGuide, Draper is meeting with Facebook to determine whether or not an investment in Facebook Coin “is a good fit” for Draper Associates. Facebook Coin Facebook is reportedly seeking $1 billion in