Bitwala raised almost $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group.
The group ran its first transaction between three rural banks in an effort to improve its remittance offerings.
MIT fellow Alex Lipton claims Facebook borrowed the guts of its Libra project from a paper he co-authored last year.
R3 has hired software sales pro Cathy Minter as chief revenue officer to grow the user base for its paid DLT product, Corda Enterprise.
BTG Pactual, Brazil's fifth largest bank, plans to utilize the Tezos blockchain for security token offerings potentially worth $1 billion.
The blockchain pilot will digitize the bank guarantee process in an effort to tackle fraud and improve efficiency.
Goldman Sachs may ultimately take part in the crypto disruption of finance with its own stablecoin, according to CEO David Solomon.
JPMorgan Chase is reportedly to start client trials of its "JPM Coin" cryptocurrency for intercompany remittances.
Interbank messaging giant SWIFT will soon allow DLT-based trade platforms to make use of its GPI platform for traceable, near-instant payments.
In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."
A historic change in strategy is taking place at R3 and Digital Asset (DA), who are now collaborating to maximize their respective blockchain ecosystems.
Facebook's hiring spree for its upcoming cryptocurrency continues with the addition of a senior bank lobbyist from Standard Chartered.
Circle and Coinbase are a launching a bold effort to make money as easy to move around the world as internet data and content.
KB Kookmin, the largest bank in South Korea, is partnering with a blockchain startup to launch a digital asset custody offering.
India is embroiled in rumors of a cryptocurrency ban that would have made cryptocurrency mining, trading, and ownership illegal.