Square beats Wall Street expectations, reports 41% revenue jump
Mobile payments company Square beat Wall Street’s expectations to report a 41% year-on-year jump in revenue for the second quarter of 2016.
Elliptic teams up with LexisNexis to fight bitcoin money laundering
London-based blockchain intelligence startup Elliptic is partnering with risk management firm LexisNexis to bring anti-money laundering (AML) regulations to cryptocurrencies.
Thompson Reuters joins R3 Blockchain Consortium
Thompson Reuters is the latest company to join a consortium of institutions, headed up by New York fintech firm R3, dedicated to developing use cases for the blockchain technology in financial markets.
Bitcoin dives 20% following $77m hack
The value of bitcoin slumped 20% following the $77m hack of Bitfinex, one of the most-popular cryptocurrency exchanges.
Digital Asset bolsters senior team to set stage for next level of growth
FinTech startup Digital Asset, which uses blockchain technology to make trading more efficient and less costly, has announced several additions to its senior management.
Gatecoin secures £500,000 to relaunch from bitcoin hack
Hong Kong-based regulated cryptocurrency trading platform Gatecoin is attempting to bounce back from a crippling hack with a $500,000 investment from an unnamed Japanese investment group.
Coinbase takes on $10m investment from Japan’s largest bank
Coinbase has received a strategic investment of $10m from Bank of Tokyo Mitsubishi UFJ (BTMU), Mitsubishi UFJ Capital and Silicon Valley investor Sozo Ventures.
Coinigy nabs $400,000 seed round for bitcoin trader tools
Bitcoin trading platform Coinigy has raised $400,000 in seed funding from a single unnamed angel investor.
Baidu backs ZestFinance for big data credit scoring
Los Angeles-based ZestFinance has received a strategic investment form Chinese web giant Baidu.
Reuters teams up with Imperial College for FinTech data crunching
Thomson Reuters is partnering with Imperial College London to take on big data challenges in FinTech, as well as the legal world.
