News > FinTech

Bitcoin And Ethereum Prices Follow Litecoin’s Sudden Surge
The Litecoin price, Bitcoin price and Ethereum price all surged dramatically on Friday, adding billions of dollars in value to the cryptocurrency‘s market capitalization. Litecoin led the way with a dramatic 30% early in the day, and then bitcoin followed close behind with an 11% gain. Designerkottayam / Pixabay Litecoin price boosted by Mimblewimble news Litecoin leapt into fourth place
Top 10 Best Startup Cities In The World: Check Them Out
rawpixel / Pixabay Startups have been mushrooming in hundreds of cities around the world. But some cities have the right conditions and regulations to attract entrepreneurial talent and help them flourish. Entrepreneurs want to be in cities that offer a supportive environment for innovation. Silicon Valley in California remains one of the world’s biggest startup hubs. But some other cities have
JPMorgan Becomes First U.S. Bank to Issue its Own Cryptocurrency
Of all the financial institutions one might guess would become the first U.S. bank to issue its own digital coin, it's safe to assume that JPMorgan Chase would not be the first choice. After all, CEO Jamie Dimon has famously called bitcoin "a fraud" and then doubled down on his criticisms by declaring "these crypto things are kind of a
Japan’s Biggest Bank Is Rolling out a Blockchain Payments Network
Hong Kong Blockchain Week is happening March 4-8, 2019. Click here to meet 3,000 plus blockchain industry leaders. Japanese banking behemoth Mitsubishi UFJ Financial Group (MUFG) continues to blaze trails in the blockchain space. According to a press release (PDF), the Tokyo-headquartered giant has established a joint venture with Cambridge-based fintech firm Akamai Technologies to launch a blockchain-based open payment
Canadian Crypto Exchange Mistakenly Moved Additional Bitcoin into Wallet it Can't Access
In its first report looking into what happened to the money that shuttered Canadian crypto exchange QuadrigaCX owes its investors, advisory firm Ernst & Young has found that an additional 103 bitcoin valued at C$468,675 ($354,300) were moved on Feb. 6 to a cold wallet protected by a password only its founder - who died in December - knew. Quadriga
EmTech Asia Explores Tech’s Impact on Life and the World Around Us
Organized by the MIT Technology Review and Koelnmesse Pte Ltd, the sixth annual EmTech Asia conference opened its doors at the Marina Bay Sands last month and drew a crowd of over 700 participants from over 30 countries. Taglined “Discover the Emerging Technologies that will Change the World”, EmTech Asia 2019 attendees heard from 50 of the world’s most influential
Trump Signs Executive Order Promoting the Development and Regulation of AI in the U.S.
President Trump signed an executive order on Feb. 11 that seeks to boost the development of artificial intelligence and develop a regulatory framework for the burgeoning technology. Trump's order comes amid ongoing calls for the White House to take a leadership role in promoting AI, with some fearing that the U.S. was falling behind China in developing the technology. Trump's
SoftBank Invests $940M in an Autonomous Delivery Startup
Okay, so maybe SoftBank's massive Vision Fund isn't actually low on cash after all. SoftBank Chief Executive Masayoshi Son - who has never been shy about making big, splashy bets - has just made another one: SoftBank is investing a staggering $940 million through its Vision Fund in Nuro, a robotic-delivery startup, as the Wall Street Journal reported and Nuro
How IBM Watson Plays in the Fintech Space
Benzinga's Fintech Focus Podcast features conversations with the biggest names in fintech. Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. The Fintech Focus podcast takes a look at the burgeoning world of fintech—as per usual—but through another lens. Typically, when people think
Amazon Invests in a Hot Self-Driving Startup
It was really only a matter of time before Amazon eventually entered the autonomous driving space. Having already entered the retail grocery market, the pharmaceutical industry and healthcare - in addition to conquering bookselling, movie streaming and a lot of other things we're probably forgetting - the e-commerce giant has joined Sequoia Capital in a $530-million Series B round for