Facebook Establishes Tel Aviv-Based Blockchain Team

Social media giant Facebook has set up a blockchain team in its development center in Tel Aviv, Israel. In a job advertisement posted on Facebook and LinkedIn, the social media giant said that the blockchain team is tasked with exploring different ways to leverage blockchain technology to improve the lives of people around the world. “The blockchain team is a […]

Read more

A Look at What Citi’s Cooking at Its Fintech Innovation Lab

The Citi Innovation Lab Tel Aviv, a fintech development center opened by New York-based banking group Citibank seven years ago, helps promising startups get started in the market. Finance Magnates visited the offices of the accelerator and spoke to its head, Tsafrir Attar. $550 million in investment The roots of the center began eight years ago, according to Attar, when Vikram Pandit, former […]

Read more

Crypto Mining Firm Bitfarms Reports Profit Despite Decline in Markets

Canadian-Israeli crypto mining company Bitfarms Technologies today released its financial results for the first six months of 2018. The company reported a profit, but saw its margins retreat due to the this year’s steep fall in cryptocurrency prices. Also see: EOS Canada and Hydro-Québec Board Member Faces Calls to Recuse Himself Subscribe to the Bitsonline YouTube channel for great videos featuring industry […]

Read more

The first speakers and key topics of Blockchain & Bitcoin Conference Israel

On March 28, Tel Aviv will host Blockchain & Bitcoin Israel, a large-scale event dedicated to cryptocurrency, blockchain and ICO. The conferences will be attended by the world’s leading experts in the field of digital technologies. Speakers of the event are blockchain entrepreneurs and crypto experts from different countries, including Ukraine, Malta, Israel, Germany, Hong Kong. The key speakers include: […]

Read more