Business News

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
Coinbase

Former Coinbase CTO Balaji Srinivasan Joins DeFi Blockchain Project Findora

Balaji Srinivasan, the former CTO of Coinbase, has joined Findora as a strategic adviser, as has Dan Boneh, head of Stanford's Cryptography Group.

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
Bitcoin

Samsung at Last Adds Bitcoin Support to Its Blockchain Phones

Samsung has added bitcoin to the developers' kit for its blockchain-enabled smartphones six months after launch.

Business  ·  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

Coinbase Backs $4.3 Million Raise for New Crypto Derivatives Exchange

Blade, a crypto derivatives exchange that hasn't yet launched, has already won backing from major investors including Coinbase.

Business  ·  13 August 2019
BitFury

Blockchain Firm Bitfury Turns to AI for Big Data Mining

The Bitfury Group has launched an artificial intelligence division with the aim of creating value out of the vast amounts of data now available.

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
DLT

IBM, Tata Become First Big Techs to Back Hedera Blockchain

IBM and Indian telecom Tata Communications have joined the governance council of Hedera Hashgraph, a blockchain alternative for enterprises.

Business  ·  12 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
Wallets

Kakao Teases 2019 Launch of Crypto Wallet, Dapp Partners

Messaging app giant Kakao – which launched its own blockchain in June – has teased the release of a crypto wallet dubbed "Klip" later this year.

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
Exchanges

Coinbase Sets Out How It Foiled a ‘Sophisticated’ Hacking Attack

Cryptocurrency exchange Coinbase has detailed how it was targeted by, and foiled, "a sophisticated, highly targeted, thought out attack."

Policy & regulation  ·  9 August 2019
Markets

tZERO to Open Security Token Market to Retail Traders Next Week

Overstock is opening up trading on its security token market, tZERO, to retail investors starting next week.

Business  ·  8 August 2019