Weekend FinTech Reading, March 8 – 9, 2014

Outed: The founder of Bitcoin, Satoshi Nakamoto.

Nakamoto Named as Bitcoin Father Denies Involvement

Dorian S. Nakamoto, identified by Newsweek magazine as the founder of Bitcoin, exits his home surrounded by members of the media in Temple City, California, U.S., on Thursday, March 6, 2014. Nakamoto, a 64-year-old physicist, denied involvement in the digital currency before leading reporters on a multi-vehicle car chase and entering an Associated Press bureau. Photographer: Jonathan Alcorn/Bloomberg *** Local Caption *** Dorian S. Nakamoto

Jonathan Alcorn/Bloomberg

It’s the weekend, which means it’s time to catch up on recent fintech news and reading.

Facebook Looking Into Buying Drone Maker: Social network hopes to use drones to spread internet access across the world. (TechCrunch)

The Age of Big Data: How companies are adapting, and coping with, the big data boom. (New York Times)

Bitcoin Founder Outed? Founder of Bitcoin allegedly identified, but some are sceptical. (Newsweek and Reuters)

Bitcoin community responds to the outing of founder, Satoshi Nakamoto. (Forbes)


Nasdaq Finally Launches Its Market for Privately-Held Companies (TechCrunch)

Wallaby Launches the First Payment App for Google Glass (Finovate)

Another One Bites the Dust: Bitcoin wallet provider Flexcoin shuts down in wake of breach. (The Verge)

How can banks really take advantage of the digital revolution? (Accenture)

Baidu, the Google of China, Seeks Banking License. (American Banker)

Reid Hoffman, Founder of LinkedIn, on the Future of PayPal (LinkedIn)

Wearable FinTech: Is wearable payments technology the way of the future? (Finextra)

Japan introducing new taxes and regulations for trading Bitcoin. (Venture Beat)

How Bitcoin’s path to legitimacy may be regulation. (New York Times)

Deriving the Derivative: Stolen Mt. Gox Bitcoins turned into new digital currency. (WIRED)