Use Cases & Verticals

News

Rogue Employee Mined 500K Bitcoins in 2011, Qiwi CEO Says

An employee at Qiwi reportedly mined roughly 500,000 bitcoins in 2011 by hijacking the company's payment terminals, CEO Sergey Solonin said Wednesday.

Business  ·  25 July 2018
Regulation

CFTC Chair Says Regulator Is ‘Behind’ on Blockchain

The U.S. Commodity Futures Trading Commission is "falling behind" in understanding blockchain technology, chairman Christopher Giancarlo said.

Policy & regulation  ·  25 July 2018
BitGo

Crypto Security Startup BitGo to Custody Zcash

Cryptocurrency security startup BitGo says it is adding privacy coin zcash to its supported crypto assets.

Business  ·  25 July 2018
Payments

Singapore Airlines’ Blockchain-Based Loyalty Program Takes Off

Singapore Airlines has officially launched its blockchain-based loyalty program for frequent customers.

Business  ·  25 July 2018
BlockFi

BlockFi Raises $52.5 Million in Round Lead by Novogratz’s Galaxy Digital

Crypto-lending firm BlockFi raised $52.5 million in a fundraising round led by Mike Novogratz's Galaxy Digital.

Business  ·  24 July 2018
SEC

SEC Delays Decision on Asset Manager’s Bitcoin ETFs Until September

The SEC has delayed a decision on whether to approve five bitcoin-related ETFs, public documents reveal.

Business  ·  24 July 2018
Bank of England

UK Central Bank Says New Payments System Will Be Blockchain Friendly

The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms.

Policy & regulation  ·  24 July 2018
Crime

Crypto Stock Exchange Operator Pleads Guilty to Fraud

Jon Montroll, who ran the now-defunct bitcoin investment platform BitFunder, has pled guilty to securities fraud and obstruction of justice charges.

Policy & regulation  ·  23 July 2018
News

US Chamber of Commerce Calls for Clarity on ICOs

The U.S. Chamber of Commerce urged the SEC and CFTC to provide clear guidance on initial coin offerings to encourage more token sales to launch.

Business  ·  23 July 2018
News

Google Cloud Inks Deal With Blythe Masters’ Blockchain Startup

Google Cloud is teaming up with distributed ledger startup Digital Asset to provide development tools for blockchain apps.

Business  ·  23 July 2018
Blockchain

Mastercard Had An Outage, So Crypto Had a Field Day

Mastercard suffered an outage last week that led to a hold-up for some transactions – and crypto supporters on social media quickly pounced.

Business  ·  22 July 2018
China

Financial Exchange Thinks Blockchain Can Keep Online Auctions Fair

A state-backed financial asset exchange in China has proposed a way of building a secure blockchain-based system for online bidding.

Business  ·  20 July 2018
Japan

A Japanese Telecom Giant Wants to Use Blockchain to Store Contracts

Nippon Telegraph and Telephone is looking to invent a new contract agreements system based on blockchain technology.

Business  ·  20 July 2018
China

Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative

A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked.

Business  ·  20 July 2018
Banking

Barclays Seeks Twin Blockchain Patents for Banking Services

Barclays Bank proposed using blockchain to make various banking processes more efficient in a pair of patent applications.

Business  ·  19 July 2018