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Technology

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  • FCoin, a huge new cryptocurrency exchange by volume, is only two months old and was virtually unknown up until it brought the network of the second largest cryptocurrency in the world to a standstill and made a lot of people very angry.
  • Nomura has hired Nezahat Gultekin from Singapore sovereign wealth fund Temasek, to fill the new role of head of technology for investment banking in EMEA.
  • Swiss market infrastructure operator SIX Group will combine digital asset trading, settlement and custody services in a new digital exchange for its customers. The CEO of SIX Group, Jos Dijsselhof, said it was the “beginning of a new era for capital markets infrastructure”.
  • Opera’s planned $115m Nasdaq IPO now has a cryptocurrency angle after Bitmain, a Chinese bitcoin miner, joined the deal as an anchor investor.
  • If you’re thinking about getting hold of some bitcoin, you have 690 days to figure out what mining is. But if you don’t, you can still board the bitcoin boat, but it might turn out to be the Titanic.
  • The Swiss Exchange (SIX), in conjunction with major Swiss franc bond market participants, is set to launch a digital platform called Deal Pool, in the hope of simplifying processes and breeding efficiency in the market. But it will likely change the role of bank sales desks substantially.