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SBI First Bank-Backed Digital Currency Exchange

By Stan Higgins, A Japanese financial services group is set to launch the first bank-backed digital currency exchange. SBI announced today that it is establishing a new company, dubbed SBI Virtual Currencies Co., Ltd., that will provide exchange services for...

Investors Are Going Wild for Zcash – And It’s Not Even Out Yet

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By Charles Bovaird, “Deafening.” That’s how market analyst Arthur Hayes describes the enthusiasm ahead of the upcoming launch of a new digital currency called Zcash – and he’s not alone. While blockchain developers have long aimed to provide...

A Lower Block Time Could Help Bitcoin Scale, But Will It Work?

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Alyssa Hertig, A small tweak to bitcoin could have a big impact. This has been the central point of contention in bitcoin’s “block size debate”, a long-running dispute over whether to lift a hardcoded limit on the amount of data that can be included...

Swift Fights to Stay Relevant in A Blockchain World

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Michael del Castillo, Can Swift stay relevant in a world of blockchain? Swift, founded in 1973 with the aim of standardizing how cross-border payments are sent, is the epitome of a middleman. It sits between many of the banks worldwide, making money off the fees it...

AI Pioneer Yoshua Bengio Is Launching Element AI, a Deep-Learning Incubator

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By CADE METZ OSHUA BENGIO, ONE of the leading figures behind the rise of deep learning, is launching a Silicon Valley-style startup incubator dedicated to this enormously influential form of artificial intelligence. The incubator, Element AI, will help build...