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startups
TechStars MD: Banks are Embracing the Inevitability of Bitcoin
With bitcoin, banks are now embracing what many already feel to be "inevitable", according to TechStars managing director Jenny Fielding.

Global Finance Association BAFT Aims to Drive Bitcoin Awareness
BAFT, a global financial services association, is set to drive bitcoin and blockchain awareness with the launch of a new FinTech scheme.

ChangeTip Adds Dollar Tipping to Woo Non-Bitcoin Crowd
ChangeTip, the popular bitcoin tipping platform, is adding USD support to woo users currently put off by bitcoin's reputation.

PEY Gets €300,000 in Seed Funding for Bitcoin Payroll Service
Bitcoin payment startup PEY has raised €300,000 ($339,780) in seed funding for a new payroll service.

BitPay Sues Insurer After Losing $1.8 Million in Phishing Attack
Bitcoin payment processor BitPay has filed suit against a Massachusetts insurance company after losing $1.8m during a phishing attack last December.

Russian Official: Payment Giant Qiwi's Digital Currency Idea 'Illegal'
A Russian official is speaking out against plans by a leading domestic payment company to release a bitcoin alternative.

IBM Developing New Blockchain Smart Contract System
IBM is reportedly working on a new project for smart contract creation using the bitcoin code base.

Bitcoin Startup BitPagos Acquires Argentinian Exchange Unisend
BitPagos has acquired Unisend Argentina, the country's first order-book exchange as part of an undisclosed deal.

Société Générale's Legal Director Seeks Bitcoin Regulation
Société Générale's group legal director has called out for the establishment of an international bitcoin regulatory framework.

Global Investment Banks Back Blockchain Initiative
A number of the world's largest investment banks are teaming up to develop standards for blockchain technology.
