Business News

Regulation

Netki Retools Digital ID Service for FATF’s New Crypto ‘Travel Rule’

Nekti has upgraded its digital ID service to help crypto firms meet the FATF's tough new standards for combating money laundering. 

Policy & regulation  ·  9 September 2019
Payments

Cryptocurrency Has ‘Long-Term Potential,’ Says Apple Exec

Apple is "watching cryptocurrency," according to an executive at Apple Pay.

Business  ·  5 September 2019
News

Custody Provider Legacy Trust Launches Crypto Pension Plan

Cryptocurrency custody provider Legacy Trust is launching one of the first digital assets-based pension plans.

Business  ·  4 September 2019
Investments

Wallet Giant Blockchain Raising $50 Million Crypto Fund: Report

Crypto wallet and data provider Blockchain is raising a VC fund to invest in industry startups and cryptocurrencies, according to a report.

Business  ·  4 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
Ethereum

Ethereum Co-Founder Anthony Di Iorio Steps Down as Decentral CEO

The Canadian startup behind Jaxx crypto wallet is struggling to find a reliable revenue model.

Business  ·  3 September 2019
SEC

VanEck, SolidX to Offer Bitcoin ETF-Like Product to Institutions

VanEck and SolidX aim to launch a limited bitcoin ETF for institutions in the U.S. later this week, but retail investors will be locked out.

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
Russia

Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

Favorable energy prices and a naturally cold climate are turning Siberia into an international hub for bitcoin miners.

Markets  ·  1 September 2019
News

World’s Largest Aircraft Manufacturer Joins Hedera Hashgraph Council

Boeing will run a node on Hedera Hashgraph's blockchain-like enterprise DLT platform after becoming the latest member of its governing council.

Business  ·  29 August 2019
ConsenSys

Ethereum Client Becomes First Public Blockchain on Hyperledger

Hyperledger is adding the ConsenSys-backed, enterprise-focused Pantheon to its consortium, deepening its relationship with the ethereum community.

Business  ·  29 August 2019
News

Hedera Hashgraph Blockchain to Launch, Release Coins on Sept. 16

Hedera Hashgraph is adding the first American financial services provider, FIS Global, to its governing council just weeks before a planned mainnet launch.

Business  ·  29 August 2019
Regulation

Facebook’s Libra Project Launches Bug Bounty With $10,000 Max Reward

The Libra Association will pay up to $10,000 to independent security researchers who find bugs in the Libra blockchain.

Policy & regulation  ·  27 August 2019
News

Don’t Worry, Overstock’s New CEO Is Already ‘Drunk on Bitcoin’s Kool-Aid’

Overstock.com’s interim CEO Jonathan Johnson, the president of its subsidiary Medici Ventures, plans to continue the company's blockchain work.

Business  ·  26 August 2019