Tag: Blockchain
Gemini is launching a credit card with bitcoin rewards
Cryptocurrency exchange company Gemini is acquiring Blockrize and announcing a new product today based on Blockrize’s work. Later this year, the company is launching a credit card that works like a regular credit card — but you earn bitcoin rewards based on your purchases. The credit card will work on…
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Singapore’s government launches blockchain innovation program with $8.9 million in funding
A group of Singaporean government agencies is launching a new research program for blockchain technology with $12 million SGD (about $8.9 million USD) in funding. Called the Singapore Blockchain Innovation Programme (SBIP), the project is a collaboration between Enterprise Singapore, Infocomm Media Development Authority and the National Research Foundation Singapore.…
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Mike Cagney is testing the boundaries of the banking system for himself — and others
Founder Mike Cagney is always pushing the envelope, and investors love him for it. Not long sexual harassment allegations prompted him to leave SoFi, the personal finance company that he cofounded in 2011, he raised $50 million for new lending startup called Figure that has since raised at least $225…
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Facebook’s Libra could launch in January
According to a report from the Financial Times, Facebook-backed cryptocurrency Libra could launch in January. More interestingly, the Libra Association, the consortium created by Facebook, could scale back its ambitions once again. When it was first unveiled, the Libra cryptocurrency was supposed to be a brand new currency tied to…
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Coinbase disables margin trading following guidance from Commodity Futures Trading Commission
Just a few months after launching margin trading on Coinbase Pro, the company is disabling the feature. Margin trading lets you trade on leverage. But it works both ways — margin trading lets you multiply your gains and your losses. Starting on November 25, 2pm PT, users won’t be able…
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South Koreans can now store their driving license on their smartphones
We use our smartphones for pretty much everything these days, so why not add official identification to the mix? That’s what three telcos in South Korea have done, leveraging an existing authentication app to create digital drivers’ licenses that can… Source
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