World of Bitcoin Shrinks as Startups Scale Back at CES 2016
One of the biggest events on the annual tech calendar has passed without many major announcements from bitcoin or blockchain industry firms. The 2016 Consumer Electronics Show (CES), held in Las Vegas last week, saw a notable decrease in the number of industry startups attending, with 2015 attendees including Blockchain, BitPay, Circle and Kraken indicating they did not participate. Further, of the assembled participants, a lineup that included lesser-known names such as BitCircle, BitRouter, Bits Limited, HyprKey and Ledger, only the latter company had a booth showcasing its technology or....
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Investments received by Canadian fintech firms in the year of 2016 has surpassed that of the United States, United Kingdom, and Singapore. Canada is surpassing the United States in the fintech sector. The changing status quo is quite evident from the scale of investments received by Canadian fintech startups compared to their counterparts in the United States. It is reported that the Canadian fintech sector in 2016 received the highest amount of venture capital backed funds since the past two decades. The funds raised by Canadian blockchain and fintech companies is said to have increased....