Bitcoin in Brief Friday: Bitpanda Offers New Coins, Microsoft Dips Data Center in the Sea

In today’s Bitcoin in Brief we cover a recent announcement by a leading European crypto exchange – Bitpanda is adding two new coins, IOTA and Komodo. While on the Old Continent, Microsoft has immersed a whole data center off the coast of Scotland. And in Japan, a startup uses artificial intelligence, augmented reality and blockchain … Read more

Bundesblock Paper: GDPR is Outdated from the Beginning Because it Did Not Consider Decentralized Technology

On May 25th 2018, the General Data Protection Regulation (GDPR) entered into force. GDPR is a EU law on data protection and privacy for individuals – an area of profound importance in the digital universe. GDPR seeks to give more control to EU citizens over… Read More The post Bundesblock Paper: GDPR is Outdated from … Read more

SuperCharger’s latest programme raises $14.4m and inks 47 deals

SuperCharger, a fintech accelerator in Asia, and its main partner Standard Chartered have released the results of their third 12-week programme. The cohort of companies achieved 47 commercial deals, raised $14.4 million in funds, received 17 awards and established a relevant business network. Standard Chartered’s new proof of concept (PoC) vPhrase was one of the … Read more

Ant Financial lands $14bn investment for Alipay’s global march

Alipay is now looking beyond China for expansion Ant Financial has signed agreements with investors for its Series C equity financing totalling nearly $14 billion. This round includes a tranche in renminbi raised by Ant Financial from domestic investors and a USD tranche raised by Ant International, an offshore subsidiary of the company, from international … Read more

Data Sheet–Why China’s Ant Financial Raised a Staggering $14 Billion of New Capital

The number is mind-boggling: $14 billion. That’s how much Ant Financial, the payments and financial services affiliate of Chinese e-commerce giant Alibaba, raised in a private financing that included a who’s who of non-Chinese investors such as Silver Lake, General Atlantic, Temasek, and Carlyle. The word “Alibaba” doesn’t appear in Ant’s news release, a curious … Read more

Cryptocurrency Not Yet Usable as Money, Russian Rating Agency Concludes

A Russian credit rating agency has released a report finding cryptocurrency not yet ready to be used as a means of payment. A report from Russian Analytic Credit Rating Agency (ARCA) released Thursday, June 7, states that cryptocurrency is not yet usable as a means of payment. According to ARCA, cryptocurrency “does not currently fully … Read more