Noelle Acheson is a 10-year veteran of company analysis and corporate finance, and a member of CoinDesk’s product team. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday, exclusively to our subscribers. Bitcoin might finally be overlapping the broader fintech industry’s popularity.
Norway’s largest online-only bank, Skandiabanken recently announced it plans to offer clients the ability to link bank accounts to cryptocurrency holdings.
While some might see this move as one of traditional banks embracing bitcoin, really, it heralds a new shift in the evolution of cryptocurrency into the greater fintech space.
Skandiabanken announced its intentions this week to let users connect a bank account with a Coinbase account, allowing users to view their cryptocurrency balances within the banking app.
The app allows users to view their holdings, just as they would other investments, and, for now, the functionality does not include the ability to buy and sell cryptocurrencies. The bank has stressed it does not yet view bitcoin as a currency, but instead another asset class.
This is likely the beginning of a trend that sees bitcoin merge with broader fintech trends of offering customers innovative, if not niche services.
Around the world, mobile banking is taking a lead over branch-centered activity – in Norway, for example, 91% of the population access online banking sites.
The proliferation of fintech services that ‘unbundle’ traditional banking functions, combined with the maturing of the internet-first generation, are accelerating this trend.
What’s more, the European Revised Payment Services Directive (PSD2) activates in 2018. The directive mandates that banks have to share customer data with third parties through APIs, which could include access to cryptocurrency services.
So, the combination of online banking, fintech services and open APIs point to a blurring of boundaries between traditional and alternative finance.
New banking institutions such as Skandiabanken, are taking Crypto Gambling steps towards accepting bitcoin and its altcoins as credible assets. Should this trend continue, cryptocurrencies could end up becoming a more firmly consolidated feature of the new fintech …Read More
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The Fitzwilliam Casino in Dublin will be staging its first festival. From April 27 to May 2, three 50, a 100, a
250, and a 350 tournament will take place, with all but one being no-limit hold’em. The odd one out is a pot-limit hold’em/Omaha round of each.
As yet, there is no word on an event sponsor, although sponsorship is described as a “distinct possibility.” Field sizes are expected to be in treble digits for the larger competitions, and could well be the same for the smaller events.
Merrion’s WSOP Satellite
Dublin’s Merrion Casino will again be staging what is expected to be Europe’s largest land-based satellite for the World Series of Poker when a minimum of four tickets are expected to be given away on Thursday, June 9.
The buy-in for the no-limit hold’em tournament is 330 with rebuys. The casino is guaranteeing two seats, as was the case last year when a total of five places were won.
Amongst last year’s ticket winners was “Big Al” Kelleher, who took home $125,780 for a fourth-place effort in a $3,000 hold’em tournament preceding the “big one.”
Viva Las Vegas in Cork
Cork’s Macau Casino stages its “Viva Las Vegas” World Series satellite during the weekend of April 29–May 1.
Daily qualifiers demanding a 150 entry fee and offering the usual top-ups and add-ons will be played down until a final 20 percent of the field remains. These successful players will then proceed to the final stage on the evening of Sunday, May 1.
“Last year we generated two tickets,” explained Casino Manager Ken Cockery. “So, all being well, it’s hoped we can send three or even four players to the World Series.”
Meanwhile, Irisheyespoker.com has been confirmed as the sponsor of Cork’s Irish Classic, which takes place July 28–31.
“The site is adding 5,000 to the main event, which will be 500 no-limit hold’em,” said Cockery. “In return, we are installing eight Irisheyespoker.com terminals on our upper floor for customers’ use.”
Irish Poker Tour Off to a Great Start
The …Read More
Cristiano Ronaldo’s capture of the FIFA Ballon D’Or completed a remarkable return to the top five years after he last won the award.
The Portuguese wing wonder beat Lionel Messi by 1,365 votes to 1,205.
Football history will look back on this as the Spanish golden age, but the brightest stars in this Iberian heaven have been an Argentinian and a Portuguese.
These two superstars have monopolised awards for the past few seasons, which made Franck Ribéry’s third place finish with 1,127 votes all the more impressive.
Ribéry’s role in helping Situs Domino99 Bayern Munich to a clean sweep of domestic and international trophies in 2013 was perhaps the greatest all-round contribution by a footballer last year.
He took defeat badly, citing his faultless trophy haul versus Ronaldo’s empty cabinet as proof of an injustice, a cry echoed by UEFA President and fellow countryman Michel Platini, who decried the increasing American style reliance on statistics instead of success for measuring the game.
As proud Frenchmen, the pair felt some ownership, because the Ballon D’Or was once run solely by France Football magazine. Since merging with FIFA’s World Player of the Year four years ago, it has got more personality dominated.
The key difference is that the new award counts votes from national team coaches and captains. Had journalists alone decided the vote as before, Ribéry would have been crowned the world player of the year – perhaps proof that those outside the game view things on the field with cooler heads and more critical eyes.
Unlike FIFA’s World Cup hosting selections, whose inner workings are shrouded in secrecy, the Ballon D’Or, because of its origins in journalism as opposed to management, is fully open to inspection. This provides some curious insights into the global soccer family.
Not everyone is entranced by the Barcelona-Real Madrid hegemony. Bahrain coach Anthony Hudson for instance was one of many who ignored the top three: He chose Ribéry’s teammate Bastian Schweinsteiger as the world player of the season, Andrea Pirlo as next best and …Read More
World Champions Germany slid and slipped in a Vigo monsoon to a 1-0 win over Spain. Both teams struggled with the incessant downpour but forged several goalscoring opportunities.Vicente del Bosque made six substitutions, Jogi Low three. Toni Kroos scored a minute from time with a skidding shot whose bounce fooled subsitute goalkeeper Kiko Casilla.
Argentina lost 1-0 in Manchester to Portugal, for whom Cristiano Ronaldo and Nani were back on familiar turf at Old Trafford. Lionel Messi played the first half, Carlos Tevez replaced Gonzalo Higuain and Erik Lamela Angel di Maria in the second, but Man City stars Sergio Aguero and Pablo Zabaleta remained on the bench. Portugal’s winner came in injury time from Raphael Guerreiro.
Colombia maintained their rich vein of form with a 1-0 win over Slovenia in Ljubljana. Borussia Dortmund’s Adrian Ramos scored the only goal in the 43rd minute for the Cafeteros.
Brazil won their sixth straight game under Judi Online coach Dunga since their fateful World Cup, defeating Austria 2-1 in Vienna thanks to goals from David Luiz and Roberto Firmino.
France, also unbeaten since the World Cup, beat Sweden 1-0 in Marseille thanks to a goal by Real Madrid defender Raphael Varane.
The Republic of Ireland thumped the USA 4-1 in Dublin. Hull’s Robbie Brady netted a brace and there were additional strikes from James McClean and Anthony Pilkington.
Belarus and Mexico also shared five goals in Borisov, the East Europeans winning 3-2.
England beat Scotland 3-1 in Glasgow. A Wayne Rooney brace took him to third in the list of all-time England goalscorers, while Scotland lost their first in five. The world’s oldest football international dates back to 1870.
Fabio Capello, unpaid for five months, got some relief as Russia enjoyed a first win in four, 2-1 against Hungary in Budapest.
Greece followed up their embarrassing defeat to the Faroes by losing 2-0 at home to Serbia, their fourth reverse in five.
Japan won their AFC derby against Australia 2-1 in Osaka. Yasuyuki Konno and Shinji Okazaki were …Read More
You have to think that Gary van Egmond had endured enough turmoil in his 32-month stint at the helm of the Newcastle Jets.
To some, it was no huge surprise when Van Egmond, an affable 44-year-old and former A-League coach of the year, this week handed in his resignation to outspoken Jets owner Con Constantine.
Any brownie points his side had earned from reaching the knockout phase of the AFC Champions League had evaporated in Pohang as the Steelers Poker Online Indonesia ran out 6-0 victors last week, eliminating them from the competition.
Such a heavy defeat would often be enough to prompt many trigger-happy chairmen to act or noncommittal managers to walk away – notwithstanding Van Egmond had recently penned a contract extension tying him to the Jets until 2013.
But revelations since that Korean nightmare have revealed Van Egmond’s hasty resignation wasn’t prompted solely by his under-prepared team’s ACL humiliation.
He already had his eye on exiting the club he helped transform from cellar dwellers to champions and had formally applied for a coaching position within Football Federation Australia, the game’s governing body.
As the application process proceeded, it became clear Van Egmond was the outstanding candidate for the role of working with some of the country’s finest rising stars, as Australian under-17 assistant coach and with a remit to guide the youngsters at the Australian Institute of Sport.
But whatever the ramifications of bringing Van Egmond into the FFA stable with an eye on his long-term coaching development within the national body, from the outside it appears unusual to move from a head coach’s position in the A-League to the lower ranks of the national side.
Van Egmond has been earmarked for a larger job since making an immediate splash when he took over at Newcastle in October 2006. The man known to all as ‘Dutchy’ led the Jets from the basement to the championship within 18 months and was labelled the brightest young manager in the Australian game.
But Newcastle’s title defence was a disaster. …Read More
As the African Cup of Nations gets underway in Ghana this Saturday, objecting voices over the tournament’s timing are coming thick and fast from the English Premier League. No fewer than thirty-four players have left UK shores for the competition, which runs until February 10. Between now and then three full weekends of Premiership fixtures, in addition to fourth round FA Cup ties and Carling Cup Semi-Final second legs, are to be played.
Aston Villa, Derby County, Manchester City and Wigan Athletic are the only clubs not to have a representative in Ghana, while other teams are Dominoqq facing up to reality of losing between three and four first team players. Only time will tell if the African Cup of Nations is to have any serious ramifications in the championship race, relegation dog fight or battle for European qualification places. One thing is for sure though, the league’s managers will refuse to hide their distain for the international competition until each and every one of their African stars are back in England, fit and ready to put on their club jerseys.
One of the strongest objectors to the African Cup of Nations being played in its current calendar spot is Arsenal boss Arsene Wenger. The French manager has lost three key first team players to the tournament, at a crucial time when the Gunners find themselves level on points with Manchester United at the top of the Premier League table. Kolo Toure and Emmanuel Eboue are to represent the Ivory Coast while Alex Song will be playing for Cameroon. Their departure will leave a major gap in the north London side’s defence as they prepare for a weekend trip to Fulham and Tuesday’s Carling Cup Semi Final, second leg against rivals Tottenham. Arsenal’s only relief is that top goal scorer Emmanuel Adebayor will be staying in London as his Togo side failed to qualify for the tournament.
Wenger has called for the African Cup of Nations to be held just once every four years, rather than biennially and that it should be played in the …Read More
There are two things in life that I’ll never really understand; bigamy, and the mechanics of a bra. The wife finds my ineptness hilarious, she was rolling on the floor last night as I struggled with a multitude of hooks; I should really have passed her the valium.
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For me, that was the least amusing moment of my life, and I’ve met Tim Lovejoy.
Whenever I feel depressed, I find the quotes of Ian Holloway are always therapeutic. The great man has been responsible for more quality lines than Pete Doherty.
The Plymouth manager’s mirth masks an underlying intelligence, like a beauty queen dying her hair ginger to fend off an unwanted suitor for Togel Singapore. I refuse to underestimate the modern day Socrates; I’m piling into Plymouth at 17/10 to knock out Watford.
The last time Middlesbrough met Manchester United, Gareth Southgate was quick to condemn Ronaldo’s propensity to greet the turf like a long lost relative.
Sir Alex was equally unequivocal in his counter, labelling the novice manager ‘naïve’, which as far as I’m aware, is not even a real word. There are an abundance of words that adequately sum up the 3/4 for another Manchester United win, I’ve settled for ‘pulchritudinous’.
It would not surprise me in the slightest if the contentious Ronaldo opened the scoring at 7/1. The orange winger is currently so hot; it would take a whole tub of Canesten to cool him down.
Chelsea’s grip on the Premiership has been loosened by the often maligned John O’Shea. Frank Lampard found it particularly ironic, as most of his goals have been assisted by John’s lesser known brother, Rick.
I’ve had a pop at Lamps in the …Read More
The Daily: F1 Team gets Crypto Sponsor, Dubai Royal Partners Digital Assets Fund | Shelter Crypto | Shelter Humanity | Charity Token Homeless | Charity Coin
We cover several stories in Wednesday’s The Daily that illustrate how, despite the current bear market, cryptocurrency continues to attract significant investments and continue expanding its services.
Futurocoin, a cryptocurrency startup, has announced that it has signed a 2-year partnership agreement with the Aston Martin Red Bull Racing Formula One team (F1). The deal stipulates that the branding of the company will appear on Max Verstappen’s RB15 F1 cars, as well as Pierre Gasly’s overalls, and on the team transporters.
Christian Horner, Aston Martin Red Bull Racing Team Principal, Shelter Humanity said, “In recent years the rise in Shelter Crypto technology and cryptocurrency has been truly amazing.” “Secure digital currency is at the forefront of technological advancement and we are excited to be a part of this revolution.”
The Daily: F1 Team gets Crypto Sponsor, Dubai Royal Partners Digital Assets Fund
Aston Martin Red Bull Racing won four consecutive F1 constructors’ championships and the drivers’ world championships between 2010 and 2013. It has also won 59 Grand Prix victories. Roman Ziemian, founder of Cryptocurrencies, said that Formula One and Formula One have a lot in common. “Cryptocurrencies are very similar to Formula One and their values are the same; speed and technology are ahead of their times.” “F1 has always fascinated me and I’m a big fan of motorsport. Sponsorship is an exciting chapter in our company’s history and will provide a platform to spread Futurocoin awareness around the world.
Invao, a cryptocurrency investment fund based in Liechtenstein, has been chosen by Dubai’s Seed Group as its exclusive international partner for Shelter Crypto investments. It is owned by The Private Office Of Sheikh Saeed bin Ahmad Al Maktoum, which is considered to be one the wealthiest royals in the world.
The Daily: F1 Team gets Crypto Sponsor, Dubai Royal Invests in Digital Assets Fund
Frank Wagner, the CEO of the fund said that this was a stamp of approval from an elite group of business leaders in the UAE. We at INVAO have the experience, expertise, and resources to help …Read More
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