Singapore’s Fast Track Patents and Crypto Ride-Hailing Show Fintech Enthusiasm

Singapore's Fast Track Patents and Crypto Ride-Hailing Show Fintech Enthusiasm

The Singapore government has just announced its FinTech Fast Track Initiative, which seeks to accelerate patent granting processes for many fintech areas, including blockchain-based payments. Low Yen Ling, Senior Parliamentary Secretary for Ministry of Trade and Industry and Ministry of Education, announced the programme during the 2018 World Intellectual Property Day on the 26th April. […]

Bitcoin Is A Screaming Buy, Says Pantera CEO

Bitcoin Is A Screaming Buy, Says Pantera CEO

Dan Morehead, the CEO of $1 billion cryptocurrency hedge fund Pantera Capital Management LP, spoke on Thursday with Bloomberg Television, pronouncing that Bitcoin “ is a screaming buy right now”. During the interview, Morehead disclosed that Pantera currently holds around 10 percent of its investments in Bitcoin, but the funds most prominent bet is on Icon, a project […]

Samsung Posts Record Breaking Quarter Attributed To Crypto Mining

Samsung Posts Record Breaking Quarter Attributed To Crypto Mining

Following Samsung’s expansion into producing ASIC chips utilized in Bitcoin mining, the multinational conglomerate has reported a record performance for operating income. This is the fourth straight quarter of record operating performance for the company, while Samsung has posted an operating profit of USD 14.45 billion in Q1 this year. The vice president of investor relations, […]

Binance is Now More Profitable than European Financial Heavyweight, Deutsche Bank

Binance is Now More Profitable than European Financial Heavyweight, Deutsche Bank

Digital currency exchange Binance has outgunned Deutsche Bank in terms of profitability; the bank is one of Europe’s largest and oldest financial institutions, revealing the extent of the cryptocurrency revolution. Within the first quarter of 2018, the eight-month-old cryptocurrency exchange reported profits of $200 million which accrued over the January and March period; Deutsche Bank […]

Pfeffer Capital Predicts Bitcoin Will Replace Gold

Pfeffer Capital Predicts Bitcoin Will Replace Gold

Major institutional investor John Pfeffer has predicted that Bitcoin will come to replace gold, while eventually being worth USD 700,000. As reported by the Independent, John Pfeffer of UK-based Pfeffer Capital made the comments at the Sohn investment conference in New York. “Bitcoin is the first viable candidate to replace gold the world has ever seen. So if […]

Putin Campaign Adversary Raised Nearly a Quarter Of Campaign Donations in Bitcoin.

Putin Campaign Adversary Raised Nearly a Quarter Of Campaign Donations in Bitcoin.

Alexei Navalny, Russian opposition politician who ran against President Putin in his recent campaign for re-election earlier this year, is reported to have received a quarter of his $6 million donations in Bitcoin. Incumbent Vladimir Putin won re-election for his second consecutive term in office with 77% of the vote. According to Navalny’s campaign manager […]

Dan Bilzerian Says It’s Time to Get Back Into Crypto

Dan Bilzerian Says It's Time to Get Back Into Crypto

  In a recent tweet, American Internet personality and professional poker player, Dan Bilzerian shared [it’s] “Time to get back in crypto”. He appears to have had an interest in the market for some time with a prior announcement (November 2017) sharing his distribution of currencies in his portfolio. “For everyone asking, I have 50% Bitcoin, 25% ETH, […]

Logistics Industry Forges Ahead With Blockchain

Logistics Industry Forges Ahead With Blockchain

Blockchain continues to make its impact on the logistics and supply chain industry around the world as governments and private companies begin to calculate the value of its application in many sectors. Now, with giants Samsung, Walmart, and Carrefour making announcements, the numbers of large multinational companies investigating or actively using the technology is growing, […]

Asia, Middle East and Australia Cryptocurrency News Roundup 19-26 April 2018

Asia, Middle East and Australia Cryptocurrency News Roundup 19-26 April 2018

Welcome to another weekly cryptocurrency news roundup. This week we will present the latest news from across the world country by country. Next up is Asia, Middle East and Australia. China Chinese government considering blockchain for data storage features: The Chinese National Audit Office has reportedly begun to test blockchain technology to support its current data […]