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Category Archives: Fintech

A roundup of today’s market tech news and a look at tomorrow’s disruptors

Notes from Consensus – Day 3 and Recap Standard

Consensus ended with a short, half-day of sessions on Wednesday, but the energy and number of participants was not diminished in the slightest. In fact, you might have thought that they were giving jobs away for free by the number of bright, young (and some old) faces that bustled at the afternoon job fair. Unlike a run-of-the-mill industry conference, where attendees linger more as a sign of duty, those at Consensus were energetic and boldly inquisitive. If only one in a hundred does well, that will be 85 new crypto millionaires out to make the world a better place. The…

Crypto Markets News from John Lothian News – May 17, 2018 Standard

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SEC Tries to Scam ICO Investors to Show Them How Easy It Is Matt Robinson – Bloomberg Agency sets up a fake ICO to warn investors about the risks; Regulator has repeatedly warned investors of fraud in ICOs A hot new initial coin offering gives investors the chance of a lifetime to make money from sun-soaked beaches and crystal-clear waters. It also provides something even more valuable: advice on how to avoid getting ripped off by fraudulent ICOs. /jlne.ws/2InVoCL Devvio Blockchain First to Surpass Millions of Transactions per Second The Merkle Devvio, a pioneer in blockchain protocols (https://devv.io), today announced…

Crypto Markets News from John Lothian News – May 16, 2018 Standard

crypto markets update 2

  Notes from Consensus 2018 – Day 2 By Chuck Mackie – JLN As expected, Day 2 of Coindesk’s Consensus conference lacked some of the energy and fireworks of the first day but it did manage to defy what seems to be a law of nature: fewer people in attendance at the second day of an industry event when compared to the first. In this case, Coindesk announced that total registration ticked up to over 8,500 and it was definitely harder to fight the lines for lunch on the second day compared to the first. Somehow I survived. Beyond that,…

Crypto Markets News from John Lothian News – May 15, 2018 Standard

crypto markets update 2

Notes from Day One at Consensus By Chuck Mackie – JLN If you had any doubts about the swelling surge of interest in cryptoassets, you only had to try and check in to [[https://www.coindesk.com/|Coindesk’s]] [[https://www.coindesk.com/events/consensus-2018/|Consensus conference]] in midtown Manhattan around mid-morning on Monday. The line snaked its way back and forth through the 2nd floor lobby, down the escalator and out of the front door of the hotel, and it took up to two-and-a-half hours for the reported 7,700 attendees to check in for the event. Consensus began four years ago with 500 true believers in attendance, grew to 1,500…

Notes from Day One at Consensus Standard

If you had any doubts about the swelling surge of interest in cryptoassets, you only had to try and check in to Coindesk’s Consensus conference in midtown Manhattan around mid-morning on Monday. The line snaked its way back and forth through the 2nd floor lobby, down the escalator and out of the front door of the hotel, and it took up to two-and-a-half hours for the reported 7,700 attendees to check in for the event. Consensus began four years ago with 500 true believers in attendance, grew to 1,500 in 2016, reached 2,800 last year, and was up 275 percent…

Crypto Markets News from John Lothian News – May 11, 2018 Standard

crypto markets update 2

Cryptocurrency Exchange Upbit Raided by Korean Authorities Shinhye Kang and Heejin Kim – Bloomberg South Korean prosecutors raided the offices of Upbit, one of the world’s largest cryptocurrency exchanges. Authorities searched the exchange’s offices on Thursday and Friday, according to an official from the Seoul Southern District Prosecutors’ Office, who asked not to be identified citing office policy. She declined to provide further details of the raid, which was first reported by the Korea Economic Daily. https://jlne.ws/2wxuItJ Cryptocurrency Trading Platform Launches First Regulated Ethereum Futures Michael del Castillo – Forbes So, you think Ethereum is a crock? Later today you’ll…

Chicago Venture Capital Firms Are Funding Fintech Standard

Chicago may not be doing as well as some other cities in certain areas, but it is leading the charge in technological innovation in the financial world and in the crypto world. Several Chicago-based venture capital companies took part in a panel on financial innovation moderated by Chuck Mackie, consultant at Maven Wave Partners and contributing editor to John Lothian News, at The Trading Show Chicago on Thursday. DRW works with companies on development in the later stages. Its Digital Asset Holdings venture, headed by Blythe Masters, is building a database to speed up trading, clearing and settlement using blockchain…

CQG Creates a Chief of Staff Position; Names Alli Brennan to Role Standard

CQG has created a new position to help execute their strategic business plan. The position is chief of staff, and for that position they selected Alli Brennan. She started in that role on May 1. Brennan’s rise at CQG is a product of her strong leadership skills, industry understanding and a knack for integrating data into the decision making process. She is not a seat of the pants manager, but a data driven change agent who understands the markets and the industry. “Alli will be responsible for the execution for our strategic business initiatives and to help align everyone around…

Crypto Markets News from John Lothian News – May 7, 2018 Standard

Ripple Hit With Class-Action Suit Over ‘Never Ending ICO’ Lily Katz – Bloomberg Plaintiff alleges Ripple sold unregistered securities; Startup created XRP tokens ‘out of thin air,’ complaint says Ripple Labs Inc., the fintech startup that controls the world’s third-largest cryptocurrency, was hit by a lawsuit alleging that it led a scheme to raise hundreds of millions of dollars through unregistered sales of its XRP tokens. https://jlne.ws/2jCnRpE Will the Real Bitcoin Please Stand Up? Jen Wieczner – Fortune The great Bitcoin fork of 2017—when the original blockchain split last August to create Bitcoin Cash—appears to have ended pleasantly, at least…