Technology Updates

Estonia-based BITLEVEX, which offers crypto options trading, has received a $50m investment facility from digital asset investment firm GEM Digital Limited.

The Italian Banking Association (ABI) has opened a pilot project on blockchain-based interbank reconciliations.

A person is demanding over $3.6m worth of Bitcoin from Binance, the cryptocurrency exchange, or they will release 10,000 photo that are similar to the know-your-customer (KYC) data the company uses.

Manny Pacquiao is launching PAC Coin, which he claims is the world’s first celebrity cryptocurrency.

Investment banks JPMorgan and Goldman Sachs are no strangers to betting on big tech ventures, but even they seem to have shunned Libra.

One of the world’s biggest cryptocurrency exchanges might be about to introduce know your customer (KYC) procedures and people are not happy about it.

Having lost some of its founding members when the public scrutiny got fierce, the Libra Association has now added Checkout.com to its membership as things seem to be moving faster for the cryptocurrency project.

Local governments in China are driving the growth of the country's cybersecurity market by putting more regulations in place.

Neobank Upgrade has strengthened its finances with a $40m investment round led by Santander InnoVentures, the Santander Group's venture capital arm, and will use the money to fuel the growth of current and upcoming products.

Despite years of experts trying to convince people to create passwords that are difficult to guess, it seems like many people still haven't got the message.