21 January 2018
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Latest virtual currency news

Blockchain security startup Ledger scoops £56 million funding round
Blockchain

Blockchain security startup Ledger scoops £56 million funding round

18 January 2018  |  5634 views  |  0 comments | 10 tweets | 11 linkedin

Draper Esprit has led a whopping £56 million Series B investment round in Paris-based cryptocurrency wallet and blockchain security outfit Ledger.

China regulator says fintech must serve real economy
Payments

China regulator says fintech must serve real economy

16 January 2018  |  8679 views  |  0 comments

One of China's senior financial regulators has stated that the government will only support fintechs that serve the real economy, casting further doubt on the future of virtual currencies and related technologies within China.

Russia bids for blockchain success with latest banking launch
Risk & regulation

Russia bids for blockchain success with latest banking launch

15 January 2018  |  6678 views  |  0 comments | 8 tweets | 12 linkedin

The largest commercial bank in Russia, Alfa Bank, is developing a new digital cash service where all transactions will be transmitted and cleared via the blockchain.

KFC introduces Bitcoin Bucket
Retail banking

KFC introduces Bitcoin Bucket

12 January 2018  |  9834 views  |  1 comments | 18 tweets | 16 linkedin

The Canadian arm of KFC has launched a 'Bitcoin Bucket', inviting people to trade in their cryptocurrency for a more stable asset - fried chicken.

Crypto mining threatened by power capacity concerns
Artificial Intelligence

Crypto mining threatened by power capacity concerns

12 January 2018  |  10850 views  |  1 comments | 17 tweets | 19 linkedin

The craze for cryptocurrency mining is putting increasing strain on electrical grids, raising concerns about capacity around the world and the prospect of a migration of coin mining operators to new jurisdictions.

MoneyGram trials Ripple's XRP digital currency
Retail banking

MoneyGram trials Ripple's XRP digital currency

11 January 2018  |  8134 views  |  0 comments | 11 tweets | 12 linkedin

Shares in MoneyGram gained on Thursday on news that the old-school money transfer player has teamed up with Ripple to pilot the blockchain startup's XRP digital currency in its payments flows.

Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdown
Risk & regulation

Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdown

11 January 2018  |  12156 views  |  5 comments | 16 tweets | 17 linkedin

Warren Buffett, arguably the world's most successful and respected investor, has issued a scathing assessment of cryptocurrencies and predicted a "bad ending" for the current bitcoin boom.

Kodak announces blockchain plan, share price soars
Retail banking

Kodak announces blockchain plan, share price soars

10 January 2018  |  9128 views  |  0 comments | 30 tweets | 24 linkedin

Photo firm Kodak has announced plans to develop its own cryptocurrency, KodakCoin, which it says will help photographers to control their image rights via a distributed ledger.

Ripple surge makes waves in stock market
Wholesale banking

Ripple surge makes waves in stock market

09 January 2018  |  9404 views  |  0 comments | 12 tweets | 9 linkedin

The explosive surge in the value of Ripple's digital currency XRP is being transmitted to the stock market, with Seagate and Western Union both experiencing a sharp hike in valuations on the back of Ripple-led associations.

Falcon Private Bank launches crypto wealth management service
Blockchain

Falcon Private Bank launches crypto wealth management service

09 January 2018  |  7222 views  |  0 comments | 17 tweets | 29 linkedin

Swiss private bank Falcon is offering clients a compliant process for investing wealth generated from trading in cryptocurrencies.

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