Tag: Business News

alternative trading systems
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Circle’s SeedInvest Takes Step Toward Tokenizing Stocks With Trading License

Brian Evans - Apr 26, 2019

SeedInvest, the equity crowdfunding platform owned by crypto startup Circle, just got a license to facilitate trading of traditional securities.

Asia-Pacific
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New Crypto-Mining Malware Targeting Asian Firms With NSA Tools

Brian Evans - Apr 26, 2019

A new form of malware discovered by Symantec is targeting enterprises using leaked NSA tools to infect networks and mine monero.

Business News
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Genesis Lends $425 Million of Crypto in Q1 – and Not Just to Short Sellers

Brian Evans - Apr 25, 2019

Genesis Global Trading's cryptocurrency lending arm continues to grow, even as the number of short sellers dwindles.

Business News
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Payments Firm Wirex Launching 26 Stablecoins on the Stellar Blockchain

Brian Evans - Apr 25, 2019

U.K.-licensed payments platform Wirex is launching 26 fiat-backed stablecoins on the Stellar blockchain network.

Banking
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Top 3 Japanese Bank to Roll Out Services on Marco Polo Blockchain

Brian Evans - Apr 25, 2019

Sumitomo, Japan’s third-largest bank by total assets, will launch blockchain-based trade finance services in the second half of this year.

Business News
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Ripple Says Sales of XRP Cryptocurrency Grew 31% in Q1

Brian Evans - Apr 25, 2019

Blockchain payments startup Ripple has reported a 31 percent quarter-to-quarter increase in sales of XRP.

amf
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Banks Can’t Snub Crypto Startups Thanks to France’s New Blockchain Law

Brian Evans - Apr 25, 2019

France's wide-ranging new blockchain law aims to solve a longstanding problem for crypto startups: banking, or lack thereof.

Asia-Pacific
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China’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance

Brian Evans - Apr 24, 2019

The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.

Business News
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Samsung Developing Ethereum-Based Blockchain, May Issue Own Token

Brian Evans - Apr 24, 2019

Samsung is reportedly developing an ethereum-based blockchain network and is eyeing the eventual issuance of a "Samsung Coin" token.

Business News
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Coinbase Shutters High-Speed Crypto Trading Division, Axing 30 Jobs

Brian Evans - Apr 23, 2019

Coinbase is shutting down the Chicago trading technology office it opened a year ago, eliminating 30 jobs.