Business News

ICOs

Messaging Giant Telegram’s ICO Token Is at Last Going on (Limited) Public Sale

Telegram's gram token, previously sold to accredited investors in one of the biggest-ever ICOs, is to be offered to the public via a third party firm.

Business  ·  11 June 2019
Insurance

Metaco Offering Crypto Custody Insurance via Giant Broker Aon

Insurance brokerage Aon has lined up coverage for institutional clients of crypto custody tech provider Metaco.

Policy & regulation  ·  11 June 2019
Supply Chain

Retail Giant Target Is Quietly Working on a Blockchain for Supply Chains

Retail giant Target has quietly entered the blockchain space, working with Hyperledger on supply chain solutions.

Business  ·  10 June 2019
Security

MPC Explained: The Bold New Vision for Securing Crypto Money

Cryptography advances are converging to help developers bring blockchain uses to their core decentralizing principles, writes Michael J. Casey.

Policy & regulation  ·  10 June 2019
Stablecoins

Facebook’s ‘GlobalCoin’ Crypto Will Be Tied to Multiple Currencies: Exec

A Facebook executive has told a German magazine that the firm's planned stablecoin will be tied to a basket of fiat currencies.

Business  ·  7 June 2019
Funding Rounds

Budweiser Owner Invests in Blockchain Startup Working to Alleviate Poverty

Budweiser's parent company, Anheuser-Busch InBev, is doubling down on its interest in using blockchain tech to assist unbanked workers.

Business  ·  7 June 2019
Visa

Visa and App Provider LINE Pay to Use Blockchain in New Fintech Offerings

Japanese app provider LINE Pay Corporation has inked a deal with Visa to create new fintech services for their retail and merchant customers.

Business  ·  6 June 2019
MakerDAO

Ethereum Startups Team to Offer ‘Banking-Grade’ Wallet Security

Insurtech startup Nexus Mutual and wallet provider Argent have teamed up to bring bank account-like protection to ethereum.

Policy & regulation  ·  6 June 2019
Japan

Former Mt Gox CEO Says He Wants to Restore Japan as Tech Leader

Former Mt. Gox chief Mark Karpeles has reportedly revealed he's "starting from zero" with an IT project.

Business  ·  5 June 2019
Russia

Russian Retailer Dixy Using Ethereum Tech to Streamline Trade Finance

Grocery chain Dixy has partnered with a blockchain startup to greatly reduce the time it takes to pay suppliers

Business  ·  5 June 2019
Exchanges

Dutch Crypto Exchange Blockport Shuts Down, Vows to Return

Amsterdam-based crypto exchange Blockport has been been forced to close due to lack of cash, but it's pledged to rebuild.

Business  ·  4 June 2019
Supply Chain

Retail Giant Carrefour Saw Sales Boost From Blockchain Tracking

Supermarket chain Carrefour has reportedly attributed a recent increase in sales to its use of blockchain tracking for food products.

Business  ·  4 June 2019
ERC-20

Bloomberg Terminal Lists Ethereum-Based Debt Instrument

In a blockchain first, Cadence has obtained a Financial Instrument Global Identifier (FIGI) and can be easily found on Bloomberg Terminal.

Business  ·  4 June 2019
Ethereum

Game Creator Lucid Sight Bringing ‘Star Trek’ to the Blockchain

Blockchain games developer Lucid Sight is teaming up with media firm CBS Interactive to bring "Star Trek" game play and collectibles to ethereum.

Business  ·  4 June 2019
Exchanges

Crypto Exchange Bits of Gold Wins Supreme Court Battle Over Bank Block

Cryptocurrency exchange Bits of Gold has won a notable legal victory over an Israeli bank in its bid to keep access to banking services.

Policy & regulation  ·  4 June 2019