Business News

Crypto Hedge Funds

Asian Institutions Are Finally Warming to Crypto Hedge Funds

Asian institutional investors are increasingly showing interest in allocating a small portion of their portfolios to crypto hedge funds.

Business  ·  29 September 2019
Collectibles

Animoca to Develop MotoGP Blockchain Game With Crypto Collectibles

ASX-listed games maker Animoca Brands is to develop a MotoGP-branded race management game with digital collectibles.

Business  ·  27 September 2019
Regulation

Spencer Dinwiddie Could Decentralize Pro Sports – If Accredited Investors Want In

Brooklyn Nets guard Spencer Dinwiddie aims to raise $13.5 million by tokenizing part of his NBA contract. Will investors take the shot?

Policy & regulation  ·  26 September 2019
Banks

The New Medici Bank Is About to Take On Its First Crypto Clients

The new crypto-friendly institution, founded by a descendant of the Renaissance-era banking dynasty, is about to onboard its first clients.

Business  ·  26 September 2019
Block.one

EOS Maker Block.One Expands US Footprint With DC-Area HQ

Block.One, the software company behind the EOS blockchain, will expand its U.S. footprint with a new headquarters in Arlington County, Va.

Business  ·  25 September 2019
R3 Corda

Daimler Carries Out First Transaction on Marco Polo Blockchain Trade Network

Automaker Daimler has carried out its first commercial transaction on the blockchain-based Marco Polo trade finance network.

Business  ·  25 September 2019
Research

Crypto Finance Firm Circle Puts Research Offering on Hold

Cryptocurrency finance startup Circle has stopped its line of research reports saying it needs to reconsider the offering.

Business  ·  25 September 2019
Funding Rounds

Kleiner Perkins Backs $2 Million Seed Round for Crypto Derivative Data Firm

Crypto data analytics startup Skew has raised $2 million in seed funding from several VC firms including Silicon Valley icon Kleiner Perkins.

Business  ·  25 September 2019
Banking

Barclays Hackathon to Attack Data ‘Silos’ With Blockchain

Barclays is holding another hackathon to tackle the finance industry’s perennial problem of data silos. Again, blockchain will take center stage. 

Business  ·  25 September 2019
Funding Rounds

Token Tech firm Securitize Raises $14 Million from Santander, MUFG

The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance.

Business  ·  24 September 2019
Insurance

In Rare Deal, Crypto Custodian Wins Insurance on Full Value of Client Assets

Marsh & McLennan, the world’s largest insurance broker, has arranged unusually generous insurance for new crypto custodian KNØX.

Policy & regulation  ·  24 September 2019
Funding Rounds

Tencent, Fidelity Back $20 Million Round for Blockchain Firm Everledger

Blockchain provenance startup Everledger has raised $20 million in a Series A round led by internet giant Tencent.

Business  ·  24 September 2019
Exchanges

Crypto Exchange Binance Awarded ISO Security Accreditation

The crypto exchange says it's been awarded an information security accreditation after audits found it met ISO standards.

Policy & regulation  ·  24 September 2019
Crime

For Desperate Mt Gox Victims, Long-Shot Bitcoin Deal Beats Endless Wait

Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives. 

Policy & regulation  ·  24 September 2019
News

Crypto Startup Sues Exchange Group for $500 Million Over Soured Deal

Paycase is suing TMX Group for $500 million after the operator of the Toronto Stock Exchange canceled their deal to create crypto-related products.

Business  ·  23 September 2019