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Rupert Murdoch's £11.7bn bid for Sky blocked as it is 'not in the public interest'

Competition and Markets Authority provisionally blocks proposed deal that would have given Murdoch total control of Sky.

Jan 23, 2018

By Dan Cancian

Rupert Murdoch

Blockchain 2.0: Exchanging value in the physical and digital world, continuously and simultaneously

The Spherity team consider liquid supply medium exchange: continuous transactions, token streaming and digital twins.

Jan 23, 2018

By Carsten Stöcker, Dimitri de Jonghe, Michael Rüther

Ethereum Bitcoin

Davos 2018: Spotlight on world's vast wealth gap as business elite gathers in Switzerland

The richest 1% of the global population received 82% of all new wealth generated in 2017, while the poorest 50% saw no increase at all.

Jan 22, 2018

By David Brennan

Theresa May

IOTA cryptocurrency heist: Hackers 'steal $4m' from accounts using phishing scam

Malicious websites used to generate password details for the fintech network "IOTA" are reportedly to blame for the theft of nearly $4 million from users' cryptocurrency wallets.

Jan 22, 2018

By Jason Murdock

Status supports Matrix: ICO gains used to back non-blockchain decentralisation technology

Status, which last year tokenised to the tune of about $100m, has sunk $5m into non-blockchain decentralisation technology Matrix.

Jan 22, 2018

By Ian Allison

Ethereum Bitcoin

Blockchain identity system ShoCard meets GDPR standards

ShoCard removes the need for authentication data to be stored on an organisation's databases.

Jan 22, 2018

By Ian Allison

Bitcoin Ethereum

Revenge hacking: This man hacked his firm and sold proprietary data after quitting

Seven key facts about PSD2 that could cause some head scratching

Myles Stephenson is Chief Executive of Modulr, unearths obscure elements, complete with PSD2 jargon buster.

Jan 22, 2018

By Myles Stephenson

John McAfee says 'don't panic' as Indian banks probe top cryptocurrency exchanges

Technology pioneer John McAfee is urging spooked bitcoin investors not to panic after it emerged that major banks in India were investigating the country's top exchanges.

Jan 22, 2018

By Jason Murdock

Bitcoin India

Facebook sets sights on Premier League streaming as it hires Eurosport veteran to drive deals

Facebook has hired Peter Hutton, the former chief executive of Eurosport, in a move it hopes will draw major live sports to the platform.

Jan 22, 2018

By James Hetherington

Facebook Premier League Indian Premier League

Is bitcoin doomed? Price may soon crash to $1,000, Wall Street veteran warns

Despite a rapid rise in value over the past year, the price of bitcoin could fall to $1,000 per coin in the next 12 months, a major Wall Street investment chief has warned.

Jan 22, 2018

By Jason Murdock

Bitcoin South Korea Japan

Open Banking: New standard brings change and opportunity for innovation

Richard Ransom, Solutions Lead, Bottomline Technologies says Open banking will be a chief innovation catalyst.

Jan 22, 2018

By Richard Ransom

Lord Jim O’Neill says the UK is in well placed for growth despite Brexit due to rises in global trade

Top Remainer admits UK well-placed to benefit from Brexit thanks to global trade growth

The UK is well placed for growth despite Brexit due to rises in global trade, said a Conservative economics grandee who voted Remain.

Jan 22, 2018

By Roger Baird

Brexit EU Referendum

Indian cabinet approves IOC, Oil India and BPCL’s collective $3bn stake purchase in Russian oil fields

BTL's blockchain energy trading project adds Gazprom, Total, Eni and more

Mercuria, Vattenfall, Petroineos and Freepoint are also joining phase two of BTL's 'OneOffice' trading project.

Jan 22, 2018

By Ian Allison

Ethereum Bitcoin

ING, Societe Generale and ABN Amro do first blockchain agricultural commodity trade

The enhanced Easy Trading Connect (ETC) blockchain prototype was coordinated by seller Louis Dreyfus Company (LDC); the buyer was Shandong Bohi Industry in China.

Jan 22, 2018

By Ian Allison

Bitcoin Ethereum

OnePlus hacked: Nearly 40,000 users' payment card details stolen in major security breach

The disclosure comes several days after users who purchased products on OnePlus' website reported credit card fraud earlier this month.

Jan 22, 2018

By Hyacinth Mascarenhas

Ryanair facing HMRC quiz over cabin crew pay

MPs say it is 'vital' to examine potential poor employment practices after it emerged cabin crew had to work for free.

Jan 19, 2018

By Dan Cancian

Cryptocurrency scandal: South Korean regulators probe claims of insider trading

As speculation about South Korea's stance on crypto shifts markets, it has emerged that at least one government official in the region is under investigation for insider trading.

Jan 19, 2018

By Jason Murdock

South Korea Bitcoin Ethereum

HSBC agrees to pay $101m fine to settle US currency rigging probe

US Department of Justice had launched an investigation into the bank's foreign exchange business.

Jan 19, 2018

By Dan Cancian

HSBC

'Shuddering and shaking' Malaysia Airlines plane forced to make unscheduled landing in Australia

Passengers said they were terrorised as the plane began shaking and making loud noises before being diverted to Alice Springs.

Jan 19, 2018

By Dan Cancian

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