Bitmain receives $50m from Sequoia and IDG

Bitmain, a manufacturer of Bitcoin mining hardware and other related services, has received $50m from Sequoia and IDG. Bitmain was founded in 2013 and is...

Mobius closes its pre-ICO on $30m

Blockchain technology developer Mobius has closed its pre-ICO on more than $30m.

Italian banks running blockchain pilot for interbank reconciliations

The Italian Banking Association (ABI) has opened a pilot project on blockchain-based interbank reconciliations.

Axoni collects $32m in Series B led by Goldman Sachs, Nyca Partners

Blockchain solution developer Axoni has collected $32m in its Series B round of financing, led by Goldman Sachs and Nyca Partners.

R3 strikes partnership with Dubai FinTech startup Wethaq

Enterprise blockchain company R3 has signed a strategic partnership with Wethaq, the Dubai-based FinTech startup, to develop a new financial market infrastructure in Islamic capital markets.

Ripple announces passing 300 customer milestone

Money-transfer company Ripple has over 300 customers and counting on its books.

Why are anti-money laundering practices and background checks so contested among cryptocurrency exchanges?

Customer background checks have again become a hotly debated topic in the cryptocurrency world.

Risk management platform for decentralised finance systems Opyn secures $2.16m in its funding round

Opyn, a decentralised finance (DeFi) protection and risk management platform, has closed a $2.16m funding round.

Crypto.com launched French Version of of its app and cryptocurrency exchange

After rolling out its card across 31 European markets earlier this year, Crypto.com has now launched its app and cryptocurrency exchange in France.

Mastercard and Visa pull out of Pornhub after abuse allegations

Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.

News Stories

HUB Cyber Security signs new deal with European corporation

Israel-based HUB Cyber Security has signed a long-term framework agreement with an unnamed European corporation to provide confidential compute hardware solutions.

What companies need to know about the future of work

With changing working arrangements and new technological innovations, the future of work is fast arriving.

The role of AI and machine learning in the customer experience

The insurance industry has paid lip service to AI and machine learning for some time. However, adoption has been underwhelming. As firms come under intense pressure to meet changing customer demands, could this instigate more rapid AI adoption?

Parametrix Insurance teams up with IMA for cloud downtime insurance

Parametrix Insurance, a provider of parametric cloud downtime insurance, has partnered with IMA Financial Group (IMA), a North American insurance brokerage firm specialising in risk management, insurance, wholesale brokerage and wealth management.

Skyline, Howden, and Munich Re in parametric insurance alliance

Parametric InsurTech Skyline Partners has partnered with Howden and global reinsurer Munich Re to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events.

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