Business News

Investments

Wallet Provider Blockchain Ventures Takes Stake in Gaming Platform Enjin

Blockchain Ventures becomes the first equity investor in the blockchain gaming tech firm Enjin.

Business  ·  24 October 2019
News

PeerNova Validates Shift to Enterprise Blockchain With $31 Million Funding

Blockchain startup PeerNova has received $31 million through a Series B round, bringing the company’s total fundraising to $74 million.

Business  ·  23 October 2019
Banking

ING Bank Devises Privacy Fix for R3’s Corda Blockchain

ING, the Dutch megabank, has come up with a privacy fix for R3's Corda blockchain.

Business  ·  23 October 2019
Investments

Pension Funds Put $50 Million Into Morgan Creek’s New Blockchain Fund

Morgan Creek Digital raised the first $50 million for its second venture capital fund from the same two large institutional investors in its first.

Business  ·  22 October 2019
Regulation

Ripple Boosts Blockchain Advocacy Efforts With DC Office

Ripple has opened a new D.C. office and expanded its regulatory team as it seeks to better educate policymakers on blockchain tech.

Policy & regulation  ·  22 October 2019
Acquisitions

Bitcoin.com Acquires Japanese Blockchain Developer 03 Labs

The deal, which closed recently for an undisclosed sum, will see O3 Labs’ eight-person developer team integrate into Bitcoin.com.

Business  ·  22 October 2019
Regulation

Michael Terpin Urges FCC to Curb Crypto Fraud That Cost Him $24 Million

Terpin plans to distribute his letter to a major mobile industry conference.

Policy & regulation  ·  21 October 2019
Regulation

Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins

Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.

Policy & regulation  ·  21 October 2019
Digital Securities

Digital Securities Exchange Taps R3’s Blockchain for Post-Trade Activities

U.K.-based Archax has inked a deal to use R3's Corda Enterprise to handle post-trade processes for its digital securities exchange.

Business  ·  18 October 2019
CBDC

Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank

A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.

Business  ·  17 October 2019
Banking

Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.

Business  ·  17 October 2019
Supply Chain

Shellfish Plant Is Putting Scallops on IBM’s Food Tracking Blockchain

The system records the weight and location of the scallops as they are taken from the ocean and tracks them across the supply chain.

Business  ·  17 October 2019
News

EY Launches Blockchain Tool to Help Bring Accountability to Public Finances

The accounting giant is using blockchain tech to assist governments in improving transparency and accountability in the management of public funds.

Business  ·  16 October 2019
Europe

Ford Test Driving Blockchain for Energy-Efficient Vehicles

Ten vehicles have been outfitted with geofencing and blockchain capabilities to monitor their fuel efficiency in low-emission zones.

Business  ·  15 October 2019
Trading

Forex Broker FXCM Launches Basket of 5 Cryptos for Retail Investors

Foreign exchange trading platform FXCM Group has launched a basket of five cryptocurrencies aimed at retail investors.

Business  ·  14 October 2019