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The World’s Largest FinTech Event Kicks Off in Singapore; Big Short Author: Definitely a Link Betwee

The World’s Largest FinTech Event Kicks Off in Singapore

The second edition of the Singapore FinTech Festival began on Monday, a week-long event comprising of over 25,000 participants from over 100 countries. Lasting a week, this year’s Singapore FinTech festival is organized by the Monetary Authority of Singapore (MAS), the country’s central bank and financial regulator, in partnership with the Association of Banks in Singapore (ABS), an organization that represents the retail and investment banking community of Singapore. Last year’s inaugural event saw over 13,000 participants...

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Category: Fintech

Image & article ref: cryptocoinnews.com

Big Short Author: Definitely a Link Between Bitcoin and the Chaos in the US Federal Government

She continues, “Well, but now we have more people coming out, commenting on it that are, you know, real thinkers that aren’t telling us this is a fraud — although we still have Jamie Dimon and Warren Buffett and all those people. But we have a lot more coverage coming from Wall Street. We have the CME coming out with the futures contract. So what are you thinking about bitcoin?” Mr. Lewis began, “Bitcoin is money without a central authority, and money without a central bank or government, [without] needing a government.

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Category: Bitcoin

Image & article ref: news.bitcoin.com

Master of machines: the rise of artificial intelligence calls for postgrad experts

Intelligence is no longer exclusively human. Machines can now recognise a human face, drive a car, beat a chess master and cope with uncertainty. To be as clever as a human, a system must make the right decision in complex and changing conditions – swerve to avoid someone while not knowing if it’s safe, for example, or understand loosely worded commands. Expectations of what artificial intelligence (AI) can do run high, and universities are keen to meet the needs of industry. Cheaper hardware and software and an abundance of data...

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Category: Artificial Intelligence

Image & article ref: theguardian.com

‘MoneyBall’, ‘The Big Short’ Author is Glad He Kept His Bitcoin

An American non-fiction author and financial journalist has said that while he owns some bitcoin he ‘doesn’t completely get it.’ The author in question is Michael Lewis, author of best-selling books behind hit movies such as The Blind Side, The Big Short, and Moneyball. How much bitcoin does he own? A mere $378 worth. Not exactly a huge sum by any means, but it’s a lot more than what he originally started with. A few years ago, Lewis was gifted $5 worth of bitcoin. At the time he was considering writing about the...

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Category: Bitcoin

Image & article ref: cryptocoinsnews.com

The latest warning on initial coin offerings (ICOs) comes from the European Securities and Markets Authority

The European Securities and Markets Authority (ESMA) has issued a warning to investors over the risks while also issuing guidance to firms over what rules they must follow if they are pursuing one. The trend for raising cash for startups via an ICO, or token sale, is booming, though there is little test yet of their success, or what rules they fall under. ESMA has warned of extreme volatility in the price of the tokens and that "investors may not be able to redeem them for a prolonged period". It also signalled that some ICOs could fall outside of EU...

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Category: ICOs

Image & article ref: cityam.com

Bitcoin cash briefly replaced rival digital coin ether as the second-largest cryptocurrency

A cryptocurrency that split away from bitcoin was temporarily the second-largest virtual currency by market value on Sunday. The market capitalization of bitcoin cash surged to more than $41 billion on Sunday at 2:29 a.m. ET, according to data by industry website Coinmarketcap. It dipped to $22 billion at 10:30 p.m. ET. Bitcoin cash usurped rival digital coin ether — the digital token of the ethereum blockchain — becoming the second-largest digital currency by market cap for a number of hours. Vitalik Buterin, co-founder of Ethereum...

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Category: Bitcoin

Image & article ref: cnbc.com

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