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“#The Hatch of Hatch: From startup to global powerhouse” The story of how Hatch Ltd. became a global engineering and construction powerhouse begins underground—in a subway tunnel in downtown Toronto, to be exact. In the 1950s, Gerry Hatch—the company’s founder, and an M.I.T. graduate with expertise in metallurgical engineering—found himself among those tasked with developing…
“# SWIFT enables instant cross-border payments ” SWIFT, the Brussels-based interbank cooperative, has unveiled its first active instant cross-border payment connection — a move that could have major implications for the global payments landscape. The cooperative announced Thursday that United Kingdom-based Lloyds Banking Group has become the first to connect with SWIFT gpi Instant, the…
“# Stripe will offer bank accounts, with help from Goldman Sachs and Citi ” Online payments giant and Cash App owner Stripe is stepping into a new realm of financial services for vendors. Per a Wall Street Journal exclusive on Thursday, Stripe is looking to offer customers bank accounts and debit cards. However, these financial…
“# The road not taken: Jealous brother claims twin earned $10M in Bitcoin ” Many late adopters of Bitcoin often lament the fact they missed out on the chance to purchase coins when the price was under $1,000, $100, or even $1. However, one Redditor says his own situation is even worse as he’s forced…
“# Million-dollar startup taps Algorand to fight climate change ” Blockchain marketplace Climatetrade will be building its new CO2 carbon offsetting platform on Algorand, a top-50 cryptocurrency project that is gunning for scalability and transactional performance. Climatetrade announced Wednesday that it has selected the Algorand blockchain to power its carbon offsetting marketplace, which is designed…
“# Broccoli and Bitcoin, a holiday love story ” Crypto broker Bitcoin Suisse recently installed a blockchain-related Christmas advertisement in the Zurich Main train station in Zürich, Switzerland. The ad, which is largely indecipherable to non-native speakers, involves a piece of broccoli, a shoe, and one lone Bitcoin (BTC). The text above the images reads Neujahrsvorsätze,…
“# BlackRock CEO: Bitcoin has caught our attention ” Blackrock CEO Larry Fink says Bitcoin (BTC) is on his company’s radar following the cryptocurrency’s rapid appreciation over the past few months. Speaking at the Council on Foreign Relations Tuesday alongside former Bank of England Governor Mark Carney, Fink reportedly said: “Bitcoin has caught the attention…
“# Visa will facilitate USDC payments, thanks to fresh partnership ” Visa has teamed up with blockchain services company Circle to make USD Coin (USDC) stablecoin transactions compatible with certain credit cards. “After Circle itself graduates from Visa’s Fast Track program, likely sometime next year, Visa will issue a credit card that lets businesses send…
“# Institutional investors won’t save crypto, but they will help it grow ” The state of the world economy has pushed institutional investors to look for alternative methods of investment. And more and more often, Bitcoin (BTC) is becoming such a tool. Since August, business intelligence firm MicroStrategy has purchased BTC worth a total of…
“# DeFi protocol 1inch closes $12M funding round led by Pantera Capital ” The team behind the 1inch protocol, which combines an automated market maker protocol and an aggregator for other DEXs, announced on Wednesday a successful Series A round for $12 million. Pantera Capital, a major venture fund active in the cryptocurrency space, led…