February 24, 2017

Canada’s Central Bank is ‘Open’ to More Blockchain Tests

Canada’s central bank is leaving the door open to the development of additional blockchain prototypes, according to one of its senior officials. Bank of Canada senior deputy governor Carolyn Wilkins moderated a panel earlier this week at an event hosted by the Competition Bureau, an independent […]
February 23, 2017

Bitcoin’s Transaction Backlog Hits All-Time High

Almost 100,000 bitcoin transactions are currently stuck, waiting to move, with around $30,000 in fees queued for miners to pick up. The mempool backlog is above 56MB. The network is running above capacity, usually operating at more than 4 txs/s. Users are once more complaining. […]
February 23, 2017

Swiss Federal State Could See its Own Digital Currency

Ticino, a federal state in southern tip of Switzerland could soon see its very own local digital currency called ‘Ticinocoin’, if the two computer scientists behind the cryptocurrency had their way. Sharing a border with Italy as its neighbor, the canton (federal state) of Ticino […]
February 21, 2017

Asian Fintech Startups See a Record $5.4 Billion VC Funding in 2016, Driven by China

Fintech startups in Asia gained a record $5.4 billion in venture-capital funding last year, up from $4.8 billion in 2015. According to data from venture capital research firm CBInsights, Asia accounted for nearly 20 percent in the number of Fintech investments worldwide. Notably, however, the […]
February 21, 2017

The Bitcoin ETF Will Be Rejected According to Prediction Markets

The much-anticipated bitcoin ETF, which has been going through the bureaucratic process for now more than three years, will likely be rejected according to a Bitmex prediction contract launched almost two weeks ago. Since its listing, the market has always given Winklevoss’ ETF a less […]
February 20, 2017

U.S. Senate Confirms Bitcoin Supporter Mick Mulvaney As Trump’s Budget Director

The United States Senate has confirmed Rep. Rick Mulvaney, a South Carolina Republican and a long-time bitcoin supporter, as President Trump’s budget director, a positive signal for bitcoin. Mulvaney has a reputation as a fiscal hawk and is expected to play a key role in […]
February 14, 2017

As Exchanges Pause Withdrawals, Chinese Bitcoin Investors Switch to P2P Trading

The trading vacuum created by the stringent measures and close scrutiny by the People Bank of China’s (PBoC) upon the country’s bitcoin exchanges has led to traders flocking to alternative platforms. According to Coin.Dance, bitcoin trading volumes on prominent peer-to-peer (P2P) exchange platform LocalBitcoins reached […]
February 13, 2017

What Role Does Government Play in Blockchain Technology’s Future?

As blockchain technology becomes more widely used, some researchers are recognizing that cooperation and collaboration among all stakeholders, including government, is critical to enable the technology to deliver the efficiencies it promises. A report [PDF] from the C.D. Howe Institute by Thorsten Koeppl and Jeremy Kronick, “Blockchain […]
February 13, 2017

Musician & Bitcoin Enthusiast Tatiana Moroz Reintroduces Tatianacoin

Tatiana Moroz, a singer-songwriter and a bitcoin enthusiast, announced a new beta launch of Tatianacoin, a token created on the bitcoin blockchain, as well as a new album and an upcoming crowdfunded tour of her advocacy and music at The Blockchain Event in Ft. Lauderdale, […]
February 7, 2017

Japanese Megabank Mizuho to Develop Fintech Payments Platform for IoT Devices

Mizuho Financial Group has announced the development of a secure FinTech payment platform to be used by connected IoT (internet of things) devices such as connected cars and vehicles, smart home devices, wearables and more. It is one of the earliest efforts by a bank […]
February 1, 2017

American Express Wants “Full Advantage of Blockchain”, Joins Open-Source Hyperledger Project

Credit card giant American Express has joined the Linux Foundation-led open-source cross-industry blockchain working group, the Hyperledger Project. In yet another noted example of the traditional financial services industry turning to Fintech’s poster child in blockchain technology, American Express has joined the Hyperledger Project as […]
February 1, 2017

Japan Could See 20,000 Bitcoin Accepting Merchants in 2017

As Japan prepares to enforce regulations upon bitcoin exchanges in the country this, a development that was encouraged by the local bitcoin industry, the number of merchants accepting the cryptocurrency is expected to quintuple to 20,000 this year. By 2016’s end, there were over 4,2000 […]