China’s bitcoin mining giant Bitmain is expanding to Switzerland

By
Posted

Bitmain Switzerland was registered in Zug, Switzerland in late December.

JPMorgan CEO Jamie Dimon regrets calling bitcoin a ‘fraud’

By

Dimon still is not interested in the cryptocurrency at all, he added.


Microsoft, GV among investors in DNAnexus’ $58m financing round

By

Existing investors TPG Biotech, WuXi NextCODE, Claremont Creek Ventures, and MidCap Financial also joined the round.


Bitcoin begins 2018 with a downward slide, in a first since 2015

By

For the first time since 2015, the cryptocurrency began a new year by declining, extending its slide from a record $19,511 reached on Dec. 18.


Australia: First Growth Funds to raise $2.7m for blockchain investment

By

Australia-listed investment firm First Growth Funds (FGF) Limited seeks to raise up to A$3.5 million ($2.7 million) to be used as additional working capital or to acquire or invest in blockchain technology, assets, or businesses.


Philippines: Central bank urges caution against cryptocurrencies

By

In an advisory, the BSP advised the public to be cautious regarding the acquisition, possession, and trading of virtual currencies or dealing with related offers, even as it reiterated that it does not endorse these currencies as legal tender, store of value, or an investment vehicle.


Singapore gets its first cryptocurrency cafe after regulator sounds cautionary note

By

The cafe accepts bitcoin, its own virtual currency called Ducatus and other cashless payments.


India: E-commerce major Flipkart to carve out internal artificial intelligence unit

By

Flipkart is also looking for AI-related acquisitions in India and in the US.


Bitcoin warnings grow more strident as Singapore’s central bank urges ‘extreme caution’

By

Singapore’s central bank urged the public to act with “extreme caution” and to understand the “significant risks” they take on if they invest in virtual currencies.


China’s $189b insurance giant Ping An reveals huge bet on tech

By

The company wants to eventually generate half its earnings from technology, up from almost nothing today.