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May 8, 2017

Certified Accountants Say Blockchain Could Change the Way They’re Paid

Blockchain could change the way accountants generate revenue, according to a report published yesterday by the Association of Chartered Certified Accountants (ACCA). The group, which boasts more than 180,000 members worldwide, said in its report that the kinds of services accountants provide may evolve depending on how the […]
May 5, 2017

Cryptocurrencies Surge and Stocks Rise as Fed Leaves Rate Unchanged

Thursday Market Recap Asset Current Value Daily Change S&P 500 2385 0.14% DAX 12620 1.05% WTI Crude Oil 46.55 -2.38% GOLD 1229.00 -1.52% Bitcoin 1565 6.80% EUR/USD 1.0935 0.30% The Federal Reserve didn’t surprise the market yesterday evening, as it left its benchmark rate unchanged, […]
May 5, 2017

Bitcoin Price Breaks $1,600 on Major Exchanges, Global Average Nears

Bitcoin price is close to reaching $1,600. Currently, as global average, bitcoin is being traded at $1,594. However, some major exchanges including Coinbase’s GDAX and Japan’s Bitflyer have already begun to list a trading value higher than $1,600, with GDAX reaching $1,623 minutes before the […]
May 5, 2017

Cryptocurrency Market Cap Soars Above $40 Billion, Boosted By Hefty Trading

Bitcoin may be getting most of the headlines, but cryptocurrency as a whole is on a roll. Statistics from Coinmarketcap.com reveal that 82 out of the top 100 cryptocurrencies posted gains in a recent 24-hour period. Whether all cryptocurrencies are riding bitcoin’s coattails or investors […]
May 4, 2017

FinTech Funding in New York Declines

Fintech funding in New York City has suffered a drop even though deals increased for the second straight quarter, according to a new report. In the report from data provider CB Insights, The Global FinTech Report: Q1 ’17, it found that during the first three months of the […]
May 4, 2017

New Marketplace Uses Blockchain to Shake up Art Investing

By leveraging blockchain technology, Maecenas aims to democratize access to the art market and lower entry barriers by allowing investors to own shares in pieces of art. Maecenas is a new marketplace for fine art investment that uses blockchain technology to revamp what its founders […]
May 3, 2017

Multimedia Project Raises 750 Bitcoins in Less than 48 hours in an ICO

University of New Mexico student Clay Space raised 750 Bitcoins (over $1 Million at closing) in fewer than 48 hours in an ICO for Back to Earth, the new production company designed to fund a multi-platform storytelling project seeking to engage an audience through film, […]
May 3, 2017

Bitcoin is Up $60 Today And Closing in on $1,500

The price of bitcoin continued recent gains to start today’s trading session, rising $60 in just hours to top $1,460. Overall, the price of bitcoin has gained nearly 5% across global exchanges, according to the CoinDesk Bitcoin Price Index, to reach its highest value ever […]
April 28, 2017

Japanese Banks Trial Virtual Currency For Funds Transfers

Members of a Japanese bank consortium focused on blockchain are set to test a virtual currency-based funds transfer system. Institutions including Bank of Yokohama, Mizuho Financial Group and Resona Bank are taking part in the new trial, according to a report from Nikkei. The test is […]
April 28, 2017

Bitcoin Price is Within $15 of an All Time High

The final days of April have seen the value of bitcoin make soaring gains in what has been a positive month for the cryptocurrency in a dramatic 2017. On Thursday, bitcoin price reached a high of $1,338 on the Bitstamp Price Index (BPI), $12 away […]
April 27, 2017

Global Banks Join SWIFT for Blockchain Cross-Border Payments Trial Using Hyperledger Tech

SWIFT, the operator of the platform used by the global interbanking system, has revealed details of its blockchain proof-of-concept (PoC) trial that sees participation from a number of global banks for real-time cross-border payments. Swift has chosen the Hyperledger Fabric, a product developed by the […]
April 27, 2017

Australian Govt Regulator Inks FinTech Agreement with Indonesia

Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), has entered a FinTech cooperation agreement with its Indonesian counterpart in a bid to bolster innovation in the sector. Signed on Friday between the ASIC and Indonesia’s Otoritas Jasa Keuangan (OJK) in Melbourne, the agreement […]