Business News

Russia

Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia

Hotmine makes a bitcoin mining rig that doubles as a home heating appliance. It's targeting places where winter is brutally cold.

Business  ·  23 August 2019
Regulation

Tensions Rising at Facebook Libra as Backers Consider Quitting: Report

Several backers of Facebook's Libra cryptocurrency project are said to be considering backing out due to growing "pushback" from regulators.

Policy & regulation  ·  23 August 2019
Exchanges

Crypto Futures Exchange Deribit Launching Bulk Derivatives Trading

Deribit is teaming with institutional traders' messaging service Paradigm to facilitate block trades of bitcoin and ether derivatives.

Business  ·  22 August 2019
Funding Rounds

Korean Banks Back $7.4 Million Funding Round for Blocko

Blocko, a blockchain firm working on enterprise applications of the tech, says it's raised $7.44 million from investors including Shinhan Bank.

Business  ·  22 August 2019
NFTs

Miller Lite Teams With Blockchain Firm for Customer Engagement Game

Miller Lite has partnered with a blockchain marketing company for a promotional game that utilizes blockchain and crypto collectibles.

Business  ·  22 August 2019
Regulation

SEC Approves Blockchain Tech Startup Securitize to Record Stock Transfers

Token issuance tech provider Securitize has registered as a transfer agent with the SEC, a move it says will boost blockchain adoption.

Policy & regulation  ·  21 August 2019
Exchanges

Cryptopia Exchange Kept Users’ Cryptos in Pooled Wallet: Liquidator

The liquidator for the collapsed Cryptopia exchange says the way the platform was managed is slowing up the task of determining user holdings.

Policy & regulation  ·  21 August 2019
China

Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China

A severe rainstorm in China's southwest has led to fatal mudslides, causing some local hydropower plants and bitcoin miners to halt operations.

Business  ·  21 August 2019
Regulation

It Took 18 Months, But This Blockchain Securities Firm Got the Nod From FINRA

FINRA has approved iownit as a broker-dealer, clearing the firm to offer digital securities on a private Hyperledger blockchain.

Policy & regulation  ·  20 August 2019
News

Deloitte ‘Blockchain in a Box’ to Help Enterprises Showcase Tech

The "Big Four" auditing firm has launched a mobile plug-and-play product aimed to help enterprises demo blockchain solutions.

Business  ·  20 August 2019
Exchanges

Rakuten’s Crypto Exchange Has Launched for Trading in 3 Cryptos

The Japanese e-commerce giant's Rakuten Wallet exchange has gone live for spot trading of bitcoin, ether and bitcoin cash against the yen.

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
Exchanges

Early Investors in Telegram Crypto See 400% Returns – But Buyers Risk It All

Telegram forbade investors from selling their gram tokens before launch. Yet the secondary market for grams is lively – and rife with risk.

Business  ·  19 August 2019
Stock Exchanges

ASX DLT System ‘On Track,’ Says Annual Report

The Australian Securities Exchange has released its 2019 financial report, offering insight into its upcoming distributed ledger settlement system.

Business  ·  16 August 2019
Stock Exchanges

Head of SIX’s Digital Asset Exchange Quits Over Strategy Disagreement

Switzerland's SIX stock exchange has just lost a key executive in charge of its in-development digital assets exchange, SDX.

Business  ·  15 August 2019