Blockchain: the answer to life, the universe and everything?
Bitcoin hasn’t lived up to the salvation rhetoric, but the digital engine behind the currency may be about to change the world. Read More: www.theguardian.com
Israeli FinTech Hybrid: Another block in the blockchain
The vibrant Israeli FinTech industry generates innovation using Blockchain technology which leaves the regulator no choice but eventually to join in. Read more: cointelegraph.com
McKinsey weighs blockchain’s impact on insurance industry
McKinsey & Company reports on how insurance companies might be able to capitalize on blockchain, and where are the current limits of the technology. Read More: www.coindesk.com
China’s Baidu invests in American blockchain company
Chinese search engine Baidu.com has entered the financial revolution that is FinTech for the first time with an investment in an American Blockchain company. Read more: cointelegraph.com
Stricter regulation in Europe for bitcoin companies
The European commission said yesterday (July 5) that it was proposing strict new rules for companies that exchange or store digital currencies such as bitcoin. Read More: qz.com
Myanmar microfinance firm conducts blockchain test
Tech firm Infoteria has successfully tested an application of blockchain technology with Myanmar microfinance firm BC Finance. Read more: www.coindesk.com
Brazilian bank Bradesco harnesses blockchain
The institution is supporting startups focusing on the technology and planning trials to develop new services. Read more: www.zdnet.com
Gatecoin completes recovery from hacking chaos with $500k investment
Hong Kong-based digital currency exchange Gatecoin has raised $500,000 just months after being hacked.
Bitcoin drifts lower after technical milestone
The virtual currency bitcoin made it through its closely watched ‘halving’ with a 2% decline. Read More: www.wsj.com
Bitcoin trading platform Quoine scores $20m JAFCO-led funding
Japanese venture capital major JAFCO has led a $20m Series A financing round for bitcoin trading platform Quoine.