Inshorts

September 9,
2016
Cambridge Blockchain Startup Wins BBVA Open Talent 2016 Contest

A jury has chosen two startups – Precognitive, a fraud prevention technology, and Cambridge Blockchain, an identity management platform – as winners of the BBVA Open Talent 2016.

Unocoin Bitcoin Wallet Launches OTC Platform

Unocoin, a Bitcoin wallet service in India, has announced the launch of its Bitcoin-OTC platform for high volume traders.

“The OTC feature will come as a relief to traders who wished to trade bitcoin in larger quantities and weren’t able to do so previously due to: 1) buy/sell limit or 2) low liquidity in Indian bitcoin exchanges. This was a service that more serious Indian bitcoin traders were lacking, until now,” said Harish B V, Co-Founder and CFO at Unocoin.

DECENT’s Token Sale Begins September 10

DECENT, the decentralized content distribution network, starts its digital token DCT, which will be the main currency on the network, on sale from September 10.

First Fund Tracking Index Of 10 Major Cryptocurrencies
September 8,
2016
First Fund Tracking Index Of 10 Major Cryptocurrencies

DLT Financial announced its plans to launch the first fund tracking an index of the 10 most popular cryptocurrencies, including Bitcoin, Ether, Ripple. 

Dave Askey, co-founder of DLT Financial and chief technology officer at Tramonex said: "Currently it's really very hard to invest in these assets as a pretty deep technical knowledge is needed to buy and manage them. We want to bring (them) to the wider community."

Thomson Reuters And Ethereum To Host Blockchain Hackathon

Thomson Reuters, Ethereum, Imperial College of London, and UCL to host Blockchain hackathon on September 9-10, 2016 in London, UK.

Webmoney Now Offers Bitcoin Payment Solution

WebMoney, an online payment transfers service, now offers a Bitcoin payment solution for goods and services in shops that are authorized by the WebMoney Transfer System. This was reported in a press release. To start accepting payments in Bitcoin, any seller registered in the WebMoney system must configure X-purse on a Merchant WebMoney service.

CME Group To Open Innovation Center at University of Illinois

CME Group, the world's leading derivatives marketplace, announced it is to open a new innovation center at the Research Park at the University of Illinois Urbana-Champaign campus, where engineering and computer science students could work on FinTech and mathematical innovation projects, such as Blockchain, big data analytics and machine learning.

Hong Kong Monetary Authority Launches FinTech Innovation Hub

The Fintech Facilitation Office of the Hong Kong Monetary Authority and the Hong Kong Applied Science and Technology Research Institute announced the launch of the new Innovation Hub to support research and adoption of FinTech and Blockchain.

Ransomware Damages To Reach $1 Billion In 2016

Herjavec Group and Cybersecurity Ventures report a growing statistic of cybercrime activity impacting enterprises and governments worldwide. According to the report, ransomware damages and related costs will reach $1 billion annually by the end of 2016.

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