News > FinTech

Singapore to Regulate Securities-Like ICOs
FinTech
The Monetary Authority of Singapore (MAS) recently published a paper on ICOs and among other things, it looks like some token sales are going to be regulated. According to the paper (PDF), all ICOs with tokens that fall under capital markets products definitions will automatically be subject to the Securities and Futures Act (SFA), just like every equity or debt
AMD Has More to Lose Than Nvidia Should Bitcoin Mining Hardware Sales Decline
FinTech
The cryptocurrency craze has been a major tailwind for both Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA Corporation (NASDAQ: NVDA). However, should cryptocurrency lose favor among investors, one analyst says AMD may have much more to lose. The Analyst Morgan Stanley analyst Joseph Moore maintains an Underweight rating and $8 price target for AMD stock and an Equal-Weight rating and $222 target for Nvidia. The Thesis AMD
Despite Restrictions, Asian Investors Are Still Flocking to ICOs
FinTech
Apparently, neither bans nor harsh restrictions can stay Asian investors from ICOs. Financial Times: …the halt on ICOs has not stopped investors from buying into the deals. In China, over-the-counter bitcoin sales rose from 5 per cent before the ban to more than 20 per cent in November. Back in September, the Chinese government banned token sales alleging, among other
Here's How You Could Be a Pawn in the Cryptocurrency Game
FinTech
Maybe you’re a skeptic, or maybe you want in but don’t know how. But while you fail to benefit from the bitcoin boom, you may be an unwitting instrument in another’s cryptocurrency work. Cryptocurrency miners have been hijacking consumer central processing units to steal computational power for the data-heavy process, ultimately accelerating device wear, slowing performance and draining battery life. Here are three portals through which
'Digital Industrial' Firms Talk Pros and Cons of Automation, AI at Detroit Summit
FinTech
With the emergence of 3-D holographic engine models and windshield-projected driving directions, industry as we know it is being upended. Technology is enabling technology that produces technology, yielding a new paradigm. “We are moving from a place to a pace,” Howard Heppelmann, divisional vice president and general manager of connected operations solutions at PTC Inc (NASDAQ: PTC), said at Automation Alley’s Global Industry 4.0
Hong Kong Fintech Week: Days 1 & 2
FinTech
The second annual Hong Kong Fintech Week may have drawn to a close but for those who weren’t able to make it, here are some of the key insights. Organized by InvestHK, Fintech Week Hong Kong 2017 gathered thousands of entrepreneurs, regulators, incubators, venture capitalists, and service providers to the former colony and among other things, further cemented Hong Kong’s
The 8 Most Undervalued Tech Stocks That Protect Your Data
FinTech
Data Breaches On The Rise Data breaches have unfortunately become a fact of digital life and it appears they're only getting bigger. In early September, Equifax Inc. (NYSE: EFX) revealed that hackers had gained access to the personal information of 143 million U.S. consumers after exploiting a vulnerability on its website. That means that personal data had been stolen on nearly half of the entire U.S.
The Robot Fear Index: Alexa, Siri Lure US into AI Future
FinTech
Beware the sirens. Apple Inc. (NASDAQ: AAPL)’s Siri and Amazon.com, Inc. (NASDAQ: AMZN)’s Alexa are quieting concerns over robot integration and winning consumers’ welcome. A proliferation of digital assistants corresponded with a marginal increase in American comfort with robots, according to a Loup Ventures survey. “We continue to see digital assistants as an on-ramp to AI and robotics for many consumers,” Andrew Murphy, managing partner at Loup Ventures, said in
Fintech Startup HCash Wraps up Australia's Largest ICO
FinTech
Australian fintech startup HCash has claimed the title of Australia’s largest ICO, according to Deal Street Asia. The offering, which was launched back in June 28, reportedly raised 21,000 bitcoin for the blockchain startup, equivalent to roughly AUD53 million or $40 million. Chinese investors were apparently huge fans of the token sale, and investors in the ICO have purportedly made
Bitcoin's Latest Surge Leads to Questions About its Value
FinTech
Bitcoin soared to record highs last week on news that Chicago-based CME Capital would be launching a futures contract based on the crypt0currency by the end of the year. However, after surging to $6,600 on Wednesday and then an all-time high of $7,454.04 on Friday, the only Wall Street strategist with an official price forecast for bitcoin has now become "cautious"