Banking

Token Sale

How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business

Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits.

Business  ·  7 September 2019
Crime

Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI

Blockchain forensics firm Elliptic has raised $23 million in Series B round led by Tokyo-based financial institution (and XRP holder) SBI.

Policy & regulation  ·  4 September 2019
Exchanges

Norwegian Bank Invests in Crypto Exchange Founded by Airline Magnate

Savings bank Sparebanken Øst has just taken a stake in NBX, a crypto exchange set up by Norwegian Air founder Bjørn Kjos.

Business  ·  3 September 2019
China

HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit

HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.

Business  ·  3 September 2019
Wallets

Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America is seeking to patent security tech for digital currency wallets that gives different users different levels of access to stored funds.

Business  ·  19 August 2019
Lending

Silvergate Bank Eyes Crypto-Backed Loans for Institutions

Silvergate Bank, one of the cryptocurrency industry's few go-to financial service providers, is planning to become a crypto lender.

Business  ·  19 August 2019
Banking

R3’s Marco Polo Trade Blockchain Takes Another Step Toward Production

The trade finance blockchain platform has passed another milestone in its development, with a successful pilot of real-time payment triggers.

Business  ·  14 August 2019
Security

Shinhan Bank Teams With Kakao’s GroundX for Blockchain Security Boost

One of the oldest and largest banks in South Korea has partnered with two fintech firms to build a new security system using blockchain tech.

Policy & regulation  ·  14 August 2019
Coinbase

Barclays Is No Longer Banking Coinbase

Barclays is no longer banking Coinbase, resulting in delayed fiat withdrawals and deposits for the crypto exchange's U.K. users.

Business  ·  14 August 2019
Investments

New Zealand’s ASB Bank Takes Stake in Trade Finance Blockchain Startup

ABS has invested a "significant" amount in TradeWindow, a startup working to put trade finance on a blockchain.

Business  ·  13 August 2019
Exchanges

60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments

Crypto exchange Bitex wants to decrease costs associated with cross-border banking using the bitcoin blockchain.

Business  ·  13 August 2019
Bitcoin

Goldman Sachs Analysts’ Slide Suggests Now’s a Good Time to Buy Bitcoin

Market intel from Goldman Sachs suggests investors should capitalize on the current price dip and buy bitcoin.

Business  ·  12 August 2019
Banking

This Bank Gave Bitcoin to Its Entire Staff. Now It’s Taking Crypto Clients

Quontic, a small bank in New York, has started working with crypto firms, joining the very short list of institutions to embrace the sector.

Business  ·  9 August 2019
Banking

Investors Can Now Trade Ether and British Pounds on the Same Blockchain

LAB577, a team of ex-Royal Bank of Scotland engineers, has built a system for settling crypto and fiat trades on R3's Corda Network.

Business  ·  1 August 2019
Stablecoins

Marijuana-Focused Stablecoin Issuer Added to Arizona Fintech Sandbox

Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations

Policy & regulation  ·  31 July 2019