Business News

Banking

Ripple Adds SBI President To Its Board of Directors

Ripple has added Japanese financial giant SBI Holdings' president and CEO Yoshitaka Kitao to its board.

Business  ·  5 May 2019
Exchanges

Beware the Fake Bitfinex White Papers Appearing Online

As speculation and impatience arises over the upcoming Bitfinex token sale, opportunistic fakers are creating bogus white papers.

Business  ·  5 May 2019
Exchanges

‘Not a White Paper’: Marketing Document Details $1 Billion Bitfinex Token Sale

New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a $850 million loss in customer funds. Released today on Twitter by known company shareholder and […]

Business  ·  4 May 2019
Coinbase

Earn.com Founder Balaji S. Srinivasan ‏Is Leaving Coinbase

Balaji S. Srinivasan, creator of the secretive 21.co and Earn.com, is leaving as CTO of Coinbase.

Business  ·  4 May 2019
Hires

Fidelity Hires Barclays’ Former Head of Digital Assets

Financial services giant Fidelity hired Chris Tyrer, former head of Barclays' digital assets project.

Business  ·  4 May 2019
Payments

Euronet Subsidiary Ria Turns to Ripple Tech Seeking Faster Money Transfers

Ria Money Transfer, one of the world's biggest remittance firms, has joined Ripple's blockchain-based payments network.

Business  ·  3 May 2019
News

Blockchain Firm SETL Sidesteps Insolvency to Return as Leaner New Entity

Blockchain infrastructure firm SETL, which filed for insolvency in March, is back as a new entity formed by its management team.

Business  ·  3 May 2019
China

Bitcoin Mining’s New Bidding War

The cost of secondhand cryptocurrency mining equipment in China has nearly doubled in the last few weeks in response to bitcoin’s price jump.

Business  ·  3 May 2019
Stablecoins

Facebook in Talks to Build Ecosystem for Planned Stablecoin: WSJ

Facebook is said to be in talks with firms, including Visa and Mastercard, to support and fund its planned fiat-backed cryptocurrency.

Business  ·  3 May 2019
Qtum

Qtum Lets Users Deploy a Full Blockchain Node on Google’s Cloud Platform

Qtum releases a new instant virtual machine service on Google's Cloud Platform.

Business  ·  2 May 2019
Stock Exchanges

London Stock Exchange Watching for ‘Interesting’ Blockchain Use Cases: CEO

The London Stock Exchange is waiting to see which blockchain use cases gain traction before taking the plunge itself, CEO Nikhil Rathi has said.

Business  ·  2 May 2019
Exchanges

Binance’s Compliance Drive Continues With New Elliptic Partnership

Binance has partnered with blockchain analytics startup Elliptic to combat money laundering as it continues to expand.

Policy & regulation  ·  2 May 2019
Canada

Five Banks Now Let Users Verify Their Identities Using a Blockchain App

Five Canadian banks have rolled out a new blockchain-based mobile service from SecureKey to let customers securely verify their identities.

Policy & regulation  ·  2 May 2019
Canada

Central Banks Settle Cross-Border Payments With Blockchain for First Time

The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.

Policy & regulation  ·  2 May 2019
CFTC

CFTC Chair: ‘Explosion of Interest’ in Crypto May Spawn New Clearinghouses

CFTC Chairman Giancarlo expects new firms to apply to become federally-regulated clearinghouses so they can offer crypto futures.

Business  ·  1 May 2019