Business News

Bitcoin

Longtime Bitcoin Advocate Launches Broker-Dealer for Crypto Firms

Longtime bitcoin advocate Bruce Fenton has created a new broker-dealer for digital asset firms and financial advisors called Watchdog Capital.

Business  ·  31 October 2019
Investments

Ripple Invests in Biometric Cybersecurity Startup’s $2.2 Million Round

Keyless, a London-based cybersecurity startup, claims to be the first firm to combine biometrics and cryptography.

Business  ·  30 October 2019
Mining

Leaked Transcript Details Power Struggle Inside Bitcoin Mining Giant Bitmain

A transcript of a Bitmain staff meeting reveals an ugly power struggle inside the world's biggest bitcoin miner maker that led to the abrupt ousting of co-founder Micree Ketuan Zhan.

Business  ·  30 October 2019
IPOs

Bitmain Seeking US IPO With Confidential SEC Filing: Report

The bitcoin mining giant is said to have confidentially filed for an IPO in the U.S.

Business  ·  30 October 2019
Tax

Tencent to Lead Drafting of International Blockchain-Based Invoice Standards

The internet giant, which has been working on blockchain-based invoices for some time, will lead the development of new standards.

Policy & regulation  ·  29 October 2019
Bitcoin Mining

Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO

Avalon bitcoin miner maker Canaan Creative has just formally filed for a $400 million US IPO.

Business  ·  28 October 2019
Equities

Paxos Wins SEC ‘No-Action’ Letter to Settle Equities on a Blockchain

The SEC has granted Paxos a no-action letter letting it settle equities products on a private blockchain.

Business  ·  28 October 2019
Hacking

AT&T Responds to Crypto Exec’s SIM Swap Suit: See You in Court

The loss highlights an obvious question for security experts, who wondered why an experienced crypto executive would keep such high sums online.

Policy & regulation  ·  28 October 2019
Security

Inter-American Development Bank to Pilot Land Registries on Blockchain

The global organization is aiming to ease the burden of trying to reset land titles in Latin American countries.

Policy & regulation  ·  28 October 2019
Supply Chain

Top US Food Co-Op to Track Seafood Using Mastercard’s Blockchain Tech

A food tracking platform utilizing Mastercard's blockchain technology is to be piloted by U.S. food co-operative giant Topco at its member grocers.

Business  ·  28 October 2019
Funding Rounds

IAG-Backed Firm Raises $5 Million to Put Airline Security on a Blockchain

Zamna – a startup backed by the parent firm of British Airways – is building a blockchain bridge for security information between agencies and airlines.

Policy & regulation  ·  28 October 2019
Regulation

Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption

A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance.

Policy & regulation  ·  28 October 2019
Exchanges

Bitfinex Denies Laundering, Says It’s a Victim of ‘Fraud’ by Crypto Capital

The crypto exchange released a statement Friday denying that it had any part in the payment processor's alleged money laundering.

Policy & regulation  ·  25 October 2019
Mining

7 Mining Heavyweights Partner With WEF on Blockchain Sourcing Initiative

The World Economic Forum is building a blockchain-based sustainable sourcing project with 7 metal and mining industry firms on board.

Business  ·  25 October 2019
Europe

US Financial Regulators Join UK FCA’s ‘Global Sandbox’

Four U.S. regulators joined an international alliance of government regulators seeking to bolster the future of fintech.

Policy & regulation  ·  24 October 2019