News > FinTech

A Latin American Angel Investor's Advice On How to Succeed in Tech
Benzinga recently examined Merlin, a jobs platform that matches mostly blue-collar hourly talent with employers looking to hire. One of the co-founders, Güimar Vaca Sittic, a New York-based tech entrepreneur and prolific angel investor who's backed more than 100 companies, shared the successful tech venture's story. Merlin counts on over 50 employees working from Bogotá, Colombia, New York City and
Korea’s KB Financial Scores Patent for Blockchain Cybersecurity App
South Korean finance juggernaut KB Financial has reportedly been awarded a patent for its blockchain-based cybersecurity app, according to Cointelegraph, citing local news source The Digital Times. The new patent centers on a blockchain-cored solution which improves an “essential” security program for fintech apps by separating it from individual apps, thereby enhancing safety. The separation also has the bonus of
The Cybersecurity Talent Gap Is Getting Even Worse
FinTech
As of 2018, the United States has over 300,000 unfilled cybersecurity related positions. Over 50% of organizations have a skills shortage of cybersecurity talent, up from just 23% back in 2014. According to IT professionals, the shortage in talent problem is cited as the greatest challenge facing their organization across a whole spectrum of industries. For the rest of the
Blockchain Experts React to Roubini’s Explosive Testimony
Following up on my article earlier today about the Senate hearing on cryptocurrencies and blockchain, below are additional comments from blockchain experts about Roubini’s testimony. See their comments below Ken Lang, ndau Collective Member, the world’s first buoyant digital currency designed and optimized for a long-term store of value: “Roubini’s testimony and prepared remarks offer an incorrect characterization of the
Cryptocurrencies Saw About $13 Billion in Value Erased in Three Hours
Stop us if you've heard this one before: Cryptocurrencies suffered massive losses that has placed its record highs of 2017 further in the rearview mirror. In a year of unrelenting terrible news for digital coins, Thursday's results were a doozy: Bitcoin had dropped almost 5 percent in morning trading to $6,303, while XRP and ethereum both plunged more than 10
New Research Suggests Crypto Metrics Are Pointing to Market Implosion
Echoing the recent sentiment of mainstream economists, new research has emerged this week pointing to some of the key metrics of the crypto world as a sign of ‘market implosion’. The study indicates that that bitcoin has seen its daily transaction volumes fall from an average of around 360,000 a day in late 2017 to just 230,000 in September 2018.
Summer Capital Acquires Stake in Pending ‘Cryptocurrency Investment Bank’
Hong Kong-based investment firm Summer Capital is betting that regulators will allow SEBA Crypto AG to become the world’s first crypto investment bank, according to the SCMP: Summer Capital spokesman Jack Chung said he expects SEBA, which is headquartered in the affluent Swiss municipality of Zug, to receive approval as a banking and securities dealer by the Swiss Financial Market
Yale's David Swensen Makes First Investments in Cryptocurrency
David Swensen, the legendary chief investment officer of Yale University's $29.4-billion endowment, has apparently bucked the trend of some other high-profile investors and begun betting on the cryptocurrency market. CNBC is reporting that Swensen has invested in two crypto-focused venture funds: Andreessen Horowitz's recently launched $300 million fund and Paradigm, which is a new fund focused on blockchain and cryptocurrency
Events That Changed Cybersecurity Forever
FinTech
Did you know that the word “virus” is derived from the Latin word for “poison”? How Viruses Work A virus is not the same thing as bacteria. It is much smaller and not technically an organism. Composed of only genetic material and protein, viruses need living hosts to survive. They can easily spread from person to person by touch or
Report: Coinbase is About to Become One of the Richest Startups in the U.S.
Coinbase is finalizing a deal with Tiger Global that will value the company at $8 billion and make the San Francisco-based company one of the richest startups in the world, Recode reports. Tiger Global appears ready to make a $500-million investment in Coinbase, one of the most popular cryptocurrency exchanges in the U.S., and the company "is expected to add