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Bitcoin Daily: Bitcoin Mining Startup Lands $50M From Big-Name VCs; Bitcoin Transaction Fees Have Now Exceeded $1B

PYMNTS

The company will use the funding to build a bitcoin mining operation, which it claims to be the first bitcoin mining company in the U.S. “at In other news, data from Hard Fork shows that bitcoin transaction fees have now exceeded $1 billion. Data shows that the top five known mining pools are all based in China.

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Can FinTechs Get Through A Turbulent Market?

PYMNTS

Even bitcoin wasn’t safe from the blow-up. The Organization of the Petroleum Exporting Countries (OPEC) break-up paired with the stock sell-off jointly pummeled cryptocurrency markets with the big coin on the block, Bitcoin, losing roughly 10 percent of its value in 24 hours.

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Fintech with The Jetsons at FinovateFall 2016

Fintech Labs Insights

It’s 2016, and the red hot fintech sector has evolved immensely since Finovate first launched 10 years ago. With tech companies such as Uber and Venmo setting a higher bar for user experience, consumer expectations have also evolved. The post Fintech with The Jetsons at FinovateFall 2016 appeared first on Finovate.

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J.P.Morgan’s Quorum becomes part of ConsenSys

Lex Sokolin

You would not be able to design this user experience, nor this attention platform without a technology footprint that began with cloud computing and the Internet. the narrow ambition of banking-as-a-service), and more the data, media, and e-commerce experience of Amazon and Facebook with financial product monetization.

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CEO Interview: Nexmo’s Tony Jamous

Fintech Labs Insights

At FinDEVr San Francisco 2015, Nexmo showed how its APIs and SDKs help companies such as Expedia, Zipcar, and Viber increase security, decrease fraud and protect user identity without compromising the user experience. To dig a bit deeper, we recently chatted with the San Francisco-based company’s CEO, Tony Jamous.

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FinDEVr Preview: Nexmo

Fintech Labs Insights

The number of payment methods is drastically increasing – from debit and credit cards to Apple Pay, Google Wallet, PayPal, and Bitcoin. In this session with Nexmo , learn how cloud communications tools are being used to significantly decrease fraud, protect user identity, and boost overall customer experience.

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37 Corporate Innovation Labs In Finance

CB Insights

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. When Bitcoin gained popularity, Fidelity Charitable wasn’t equipped to accept it. These bots aim to improve customer experience and reduce manual tasks.