Bitcoin ATM Spotted Spitting Out Money in London

A few days ago Londoners witnessed a bizarre movie-worthy scene: A Bitcoin ATM suddenly started spitting bills non-stop in a shopping center. Several people were able to record the odd event and share it on Reddit. On the footage, a security guard protects the machine from the curious people who saw the scene. None of them (at least as far as one can see in the video) tried to take a bill. The cashier was spitting out money for several minutes, which is why several people speculated that it was…

London Stock Exchange CEO Is Certain That Blockchain Can Be Used in Issuing, Settlement

The CEO of the London Stock Exchange (LSE), one of the world’s oldest stock exchanges, believes that blockchain could have a use in issuing securities and settlement. CNBC reported on the CEO Nikhil Rathi’s comments on May 2. Speaking in an interview, Rathi noted that distributed ledger tech (DLT) could potentially play a role in the United Kingdom’s stock market. Specifically, Rathi expressed confidence about blockchain applications used in the issuance process, adding that he can also see the technology also being used for settlement. The stock exchange’s CEO emphasized…

Blockchain Will Revolutionize 300 Years of Stock Trading: London Stock Exchange

By CCN.com: The London Stock Exchange (LSE) is weighing the benefits of using blockchain technology for issuing stock and settling trades. In an interview with CNBC, the LSE chief executive Nikhil Rathi said he was inspired by early blockchain initiatives at other stock exchanges, and sees the benefit of distributed ledger technology: “You can certainly see distributed ledger technology having an application in the issuance process… I can see that technology being used in settlement too.” LSE, the world’s sixth-largest stock exchange, has been surprisingly open to blockchain technology. Earlier…

London council fined by the ICO for disclosing sensitive personal data about alleged gang members

The Information Commissioner’s Office (ICO) has fined the London Borough of Newham £145,000 for disclosing the personal information of more than 200 people who featured on a police intelligence database. The database is known as the ‘Gangs Matrix’ and its purpose is to record information in respect of alleged gang members. An ICO investigation found that on 26 January 2017, a Newham Council employee sent an email to 44 recipients that contained both redacted and unredacted versions of the Gangs Matrix. These had previously been sent to the council by…

Coinbase Reveals Hot Wallet Coverage Up to $225 Mln Via Lloyd’s of London Broker

Major American cryptocurrency exchange Coinbase has revealed details of its insurance coverage for its hot wallet crypto holdings, reportedly covering a $255 million limit via a Lloyd’s of London-registered broker. The details were disclosed in an official blog post from Coinbase’s Chief Information Security Officer (CISO) Philip Martin on April 2. According to Martin, Coinbase has held an insurance policy covering its hot wallet crypto holdings since mid-November 2013, in particular to protect against what the exchange identifies as being the highest-risk consumer loss scenario in the crypto space —…

London Metals Exchange Endorses International Blockchain Initiative: FT

United Kingdom-based global metals trading mecca the London Metals Exchange (LME) is reportedly backing an effort to disrupt industry supply chains with blockchain, but would not confirm its involvement, the Financial Times (FT) reported on March 27. Citing unnamed sources familiar with the alleged plan, FT reported that LME is supportive of an international plan to use blockchain in order for the metals industry to increase transparency around its operations. The participants include Swiss metals giant Mercuria in the role of leader, with banks ING and Macquarie also on board.…

Pro-Bitcoin Square Headlines London Stock Exchange’s Blockchain ETF

Invesco, an American firm, and Elwood, a British digital asset investment company, announced the launch of a blockchain ETF on the London Stock Exchange today. The exchange-traded fund features 48 companies with ties to the blockchain industry, including some – like Square – that have dabbled directly in the bitcoin or crypto space. Invesco & Elwood Team up for UK Blockchain ETF The London Stock Exchange just listed a blockchain ETF, providing investors with broad exposure to companies that are active in the crypto space, including Square and Overstock. |…

Pro-Bitcoin Square Headlines London Stock Exchange’s Blockchain ETF

Invesco, an American firm, and Elwood, a British digital asset investment company, announced the launch of a blockchain ETF on the London Stock Exchange today. The exchange-traded fund features 48 companies with ties to the blockchain industry, including some – like Square – that have dabbled directly in the bitcoin or crypto space. Invesco & Elwood Team up for UK Blockchain ETF The London Stock Exchange just listed a blockchain ETF, providing investors with broad exposure to companies that are active in the crypto space, including Square and Overstock. |…

Investment Firm Invesco Launches Blockchain ETF on London Stock Exchange

United States-based investment management company Invesco is launching a blockchain exchange-traded fund (ETF) on the London Stock Exchange (LSEG) today, March 11, financial newspaper Financial Times reports on March 9. Per the article, the Invesco Elwood Global Blockchain ETF will initially be targeting 48 companies involved with blockchain technology. The firms were reportedly selected through a proprietary scoring system developed by crypto investment boutique Elwood Asset Management. The article cites Apple, chip manufacturer Intel, graphics processing units manufacturer Advanced Micro Devices, mining hardware manufacturer Taiwan Semiconductor Manufacturing and United States…

Zilliqa joins Student Organisation at King’s College London to Launch Blockchain A-Z Workshops

Zilliqa has partnered with KCL Blockchain, the student organisation at King’s CollegeLondon dedicated to this new technology, for the launch of a workshop called Blockchain A-Z. The series of free workshops will be held for a period of four weeks at King’s College London starting on March 26th, 2019.   advertisement The Zilliqa workshops are designed to bring students from a variety of backgrounds together, with the aim of consolidating both the business and technological aspects of Blockchain technology, as well as its potential and application. Participants will be provided…