# Business News

Canonical URL: https://www.tokenpost.com/news/business?page=336
Page 336 of 357. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article.

## [Waves CEO sells all his stake in blockchain project Vostok; GHP Group now the sole owner](https://www.tokenpost.com/news/business/2665)

By Charissa Echavez | Business
Published: 2019-07-17T03:51:56.000Z
Updated: 2019-07-17T03:53:02.000Z

The founder of token issuance platform Waves has completely sold all his stake in the firm’s blockchain spin-off Vostok to concentrate on the Waves platform.

[Full text](https://www.tokenpost.com/news/business/2665.md) | [Citation metadata](https://www.tokenpost.com/news/business/2665.json)

## [Bitpoint publishes breakdown of stolen crypto assets](https://www.tokenpost.com/news/business/2653)

By Shampa Mani | Business
Published: 2019-07-16T12:46:37.000Z
Updated: 2019-07-16T12:46:37.000Z

Hacked cryptocurrency exchange Bitpoint has released a breakdown of the crypto assets it lost in the recent 3 billion yen heist on its platform, Cointelegraph reported.

[Full text](https://www.tokenpost.com/news/business/2653.md) | [Citation metadata](https://www.tokenpost.com/news/business/2653.json)

## [Crypto market maker Altonomy secures $7M investment from Polychain Capital](https://www.tokenpost.com/news/business/2648)

By Charissa Echavez | Business
Published: 2019-07-16T07:07:11.000Z
Updated: 2019-07-16T07:07:11.000Z

Cryptocurrency trading desk and market maker Altonomy has secured $7 million in a seed round led by Polychain Capital, a San Francisco-based crypto-focused investment firm. It is also funded by Singapore’s 7 Blocks.

[Full text](https://www.tokenpost.com/news/business/2648.md) | [Citation metadata](https://www.tokenpost.com/news/business/2648.json)

## [Seed CX subsidiaries secure BitLicense from NY Department of Financial Services](https://www.tokenpost.com/news/business/2644)

By Charissa Echavez | Business
Published: 2019-07-16T04:21:47.000Z
Updated: 2019-07-16T04:22:51.000Z

The New York State Department of Financial Services (DFS) has granted licenses to two subsidiaries of Chicago-based cryptocurrency exchange Seed CX, as per an announcement made by Financial Services Superintendent Lin…

[Full text](https://www.tokenpost.com/news/business/2644.md) | [Citation metadata](https://www.tokenpost.com/news/business/2644.json)

## [Shinhan Card patents blockchain-based system with credit card functionality](https://www.tokenpost.com/news/business/2639)

By Shampa Mani | Business
Published: 2019-07-15T11:57:38.000Z
Updated: 2019-07-15T11:57:38.000Z

South Korean credit card giant Shinhan Card has been granted a patent for a blockchain-based payment system, The Korea Times reported.

[Full text](https://www.tokenpost.com/news/business/2639.md) | [Citation metadata](https://www.tokenpost.com/news/business/2639.json)

## [Enterprise blockchain firm R3 eyes IPO: Report](https://www.tokenpost.com/news/business/2635)

By Charissa Echavez | Business
Published: 2019-07-15T10:14:21.000Z
Updated: 2019-07-15T10:14:21.000Z

Enterprise blockchain technology firm R3 is reportedly considering to launch an initial public offering (IPO), according to Bloomberg.

[Full text](https://www.tokenpost.com/news/business/2635.md) | [Citation metadata](https://www.tokenpost.com/news/business/2635.json)

## [PayFast to stop accepting Bitcoin as payment method due to high fees, slow process time](https://www.tokenpost.com/news/business/2633)

By Charissa Echavez | Business
Published: 2019-07-15T08:50:08.000Z
Updated: 2019-07-15T08:50:08.000Z

PayFast, South Africa’s first-ever online payment gateway that accepts Bitcoin, has announced that it will drop Bitcoin support from its platform, citing issues like network congestion and high fees.

[Full text](https://www.tokenpost.com/news/business/2633.md) | [Citation metadata](https://www.tokenpost.com/news/business/2633.json)

## [Bitpoint Japan finds part of stolen cryptocurrency](https://www.tokenpost.com/news/business/2630)

By Shampa Mani | Business
Published: 2019-07-15T05:50:00.000Z
Updated: 2019-07-15T05:50:00.000Z

Bitpoint Japan, which recently suffered a major hack, has discovered a part of the stolen funds, The Mainichi reports.

[Full text](https://www.tokenpost.com/news/business/2630.md) | [Citation metadata](https://www.tokenpost.com/news/business/2630.json)

## [CargoSmart secures cooperation of Maritime Industry Operators](https://www.tokenpost.com/news/business/2628)

By Melvin Alfred Wong | Business
Published: 2019-07-14T13:00:38.000Z
Updated: 2019-07-14T13:00:38.000Z

In its bid to revolutionize the shipping industry, tech firm CargoSmart managed to secure new members to its lineup of cargo operators in the form of the maritime industry operators. These include “CMA CGM, COSCO SHIP…

[Full text](https://www.tokenpost.com/news/business/2628.md) | [Citation metadata](https://www.tokenpost.com/news/business/2628.json)

## [Crypto prediction platform Veil shuts down not one year after launch](https://www.tokenpost.com/news/business/2626)

By Melvin Alfred Wong | Business
Published: 2019-07-14T13:00:01.000Z
Updated: 2019-07-14T13:00:01.000Z

Veil is the crypto prediction and derivatives platform that launched back in January. Not even a year later, it is already shutting down. Its services will be suspended on July 24 and it will no longer be possible to …

[Full text](https://www.tokenpost.com/news/business/2626.md) | [Citation metadata](https://www.tokenpost.com/news/business/2626.json)

## [China dominates token field in H1 2019, $1.18B raised](https://www.tokenpost.com/news/business/2619)

By Melvin Alfred Wong | Business
Published: 2019-07-13T05:24:22.000Z
Updated: 2019-07-13T05:24:22.000Z

With tokenization being relatively new, it would seem that China is already far ahead of everyone else in the game. Firms that dipped their fingers into the turning and offering of digital assets, and came away with t…

[Full text](https://www.tokenpost.com/news/business/2619.md) | [Citation metadata](https://www.tokenpost.com/news/business/2619.json)

## [Litecoin becomes official cryptocurrency of American football team Miami Dolphins](https://www.tokenpost.com/news/business/2613)

By Shampa Mani | Business
Published: 2019-07-12T11:39:35.000Z
Updated: 2019-07-12T11:39:35.000Z

The Litecoin Foundation has announced that Litecoin (LTC), the fourth largest cryptocurrency by market cap, has become the official cryptocurrency of the Miami Dolphins.

[Full text](https://www.tokenpost.com/news/business/2613.md) | [Citation metadata](https://www.tokenpost.com/news/business/2613.json)

## [Japanese cryptocurrency exchange Bitpoint loses $32M to hackers](https://www.tokenpost.com/news/business/2611)

By Shampa Mani | Business
Published: 2019-07-12T10:31:05.000Z
Updated: 2019-07-12T10:31:05.000Z

Japanese cryptocurrency exchange Bitpoint has suffered a major hack in which it lost 3.5 billion yen (approximately $32 million).

[Full text](https://www.tokenpost.com/news/business/2611.md) | [Citation metadata](https://www.tokenpost.com/news/business/2611.json)

## [HSBC reduces transaction time by 12 Days using Voltron blockchain platform](https://www.tokenpost.com/news/business/2598)

By Melvin Alfred Wong | Business
Published: 2019-07-12T09:15:50.000Z
Updated: 2019-07-12T09:16:45.000Z

HSBC is really stepping up its blockchain game with the major banking entity reducing the time it takes to process transactions with its blockchain platform, Voltron. Simply put, the decentralized ledger network manag…

[Full text](https://www.tokenpost.com/news/business/2598.md) | [Citation metadata](https://www.tokenpost.com/news/business/2598.json)

## [Amazon, Deloitte, Fidelity support IDEO CoLab's free blockchain accelerator program](https://www.tokenpost.com/news/business/2608)

By Charissa Echavez | Business
Published: 2019-07-12T09:06:50.000Z
Updated: 2019-07-17T03:45:55.000Z

IDEO’s venture arm IDEO CoLab Ventures announced its partnership with 20 leading organizations and protocols to launch a blockchain accelerator called Startup Studio.

[Full text](https://www.tokenpost.com/news/business/2608.md) | [Citation metadata](https://www.tokenpost.com/news/business/2608.json)

## [Props launches first SEC-qualified consumer-facing crypto token](https://www.tokenpost.com/news/business/2607)

By Charissa Echavez | Business
Published: 2019-07-12T07:33:02.000Z
Updated: 2019-07-12T07:33:59.000Z

The U.S. Securities and Exchange Commission (SEC) has granted ethereum-based token Props a Regulation A+ qualification, making it the first consumer-facing SEC-qualified crypto token.

[Full text](https://www.tokenpost.com/news/business/2607.md) | [Citation metadata](https://www.tokenpost.com/news/business/2607.json)

## [$3.5M raised by Sia Network for better blockchain storage, streaming, and hosting](https://www.tokenpost.com/news/business/2602)

By Melvin Alfred Wong | Business
Published: 2019-07-12T05:51:38.000Z
Updated: 2019-07-12T05:51:38.000Z

Blockchain has been argued to be useful in practically any field and a recent fundraising event involving Sia Network proves that it also has a place in streaming.

[Full text](https://www.tokenpost.com/news/business/2602.md) | [Citation metadata](https://www.tokenpost.com/news/business/2602.json)

## [Metropolitan Commercial Bank closes Tether, Bitfinex, Digfinex accounts: Report](https://www.tokenpost.com/news/business/2597)

By Charissa Echavez | Business
Published: 2019-07-12T04:20:55.000Z
Updated: 2019-07-12T04:20:55.000Z

New York-based Metropolitan Commercial Bank has shut down accounts linked to stablecoin issuer Tether, according to CoinDesk.

[Full text](https://www.tokenpost.com/news/business/2597.md) | [Citation metadata](https://www.tokenpost.com/news/business/2597.json)

## [Crypto payments startups Uphold doubles presence in Portugal with Scytale's acquisition](https://www.tokenpost.com/news/business/2606)

By Charissa Echavez | Business
Published: 2019-07-12T04:11:38.000Z
Updated: 2019-07-12T04:11:38.000Z

U.S.-based digital finance platform Uphold announced that it has doubled its presence in Portugal following its acquisition of Scytale, a web development and design studio specializing in producing intelligent applica…

[Full text](https://www.tokenpost.com/news/business/2606.md) | [Citation metadata](https://www.tokenpost.com/news/business/2606.json)

## [Opera’s crypto wallet adds support for Bitcoin and Tron](https://www.tokenpost.com/news/business/2595)

By Shampa Mani | Business
Published: 2019-07-11T12:05:20.000Z
Updated: 2019-07-11T12:05:20.000Z

Opera, a web browser for Windows, macOS, and Linux operating systems, has added support for Bitcoin and Tron-based tokens to its crypto wallet.

[Full text](https://www.tokenpost.com/news/business/2595.md) | [Citation metadata](https://www.tokenpost.com/news/business/2595.json)

## [Crypto exchange Binance launches Platform 2.0 with margin trading](https://www.tokenpost.com/news/business/2593)

By Shampa Mani | Business
Published: 2019-07-11T10:13:17.000Z
Updated: 2019-07-11T10:13:17.000Z

Cryptocurrency exchange Binance on Thursday announced the launch of its margin trading platform.

[Full text](https://www.tokenpost.com/news/business/2593.md) | [Citation metadata](https://www.tokenpost.com/news/business/2593.json)

## [First movie tokenization announced for Atari founder biopic](https://www.tokenpost.com/news/business/2577)

By Melvin Alfred Wong | Business
Published: 2019-07-11T09:17:11.000Z
Updated: 2019-07-11T09:17:26.000Z

In historic news with regards to movies, tokenization, and fundraising, a new partnership has been announced this week that aims to tokenize the first-ever motion picture, “Atari: Fistful of Quarters.”

[Full text](https://www.tokenpost.com/news/business/2577.md) | [Citation metadata](https://www.tokenpost.com/news/business/2577.json)

## [NEAR protocol developers secure $12.1M in seed round led by Metastable Capital, Accomplice](https://www.tokenpost.com/news/business/2589)

By Charissa Echavez | Business
Published: 2019-07-11T09:03:33.000Z
Updated: 2019-07-11T09:04:01.000Z

Near, creator of the NEAR platform for building decentralized applications, has secured $12.1 million in a seed round, led by hedge fund Metastable Capital and venture firm Accomplice.

[Full text](https://www.tokenpost.com/news/business/2589.md) | [Citation metadata](https://www.tokenpost.com/news/business/2589.json)

## [Crypto custodian startup Anchorage raises $40M in Series B led by Visa, Blockchain Capital](https://www.tokenpost.com/news/business/2578)

By Melvin Alfred Wong | Business
Published: 2019-07-11T07:27:51.000Z
Updated: 2019-07-11T07:31:05.000Z

Visa is trying to get ahead of the curve with regards to blockchain and cryptocurrency with its support of Anchorage, a cryptocurrency custodian startup that aims to advance institutional participation in digital asse…

[Full text](https://www.tokenpost.com/news/business/2578.md) | [Citation metadata](https://www.tokenpost.com/news/business/2578.json)

## [Goldman Sachs posted new job listing for its reported crypto project](https://www.tokenpost.com/news/business/2579)

By Melvin Alfred Wong | Business
Published: 2019-07-11T06:59:26.000Z
Updated: 2019-07-11T06:59:26.000Z

Reports of major US financial institution Goldman Sachs working on a secret project involving crypto coins have been around for a while. These would appear to have received further validation thanks to the new job pos…

[Full text](https://www.tokenpost.com/news/business/2579.md) | [Citation metadata](https://www.tokenpost.com/news/business/2579.json)

## [Crypto Briefing unveils new crypto evaluation product 'SIMETRI Research'](https://www.tokenpost.com/news/business/2580)

By Melvin Alfred Wong | Business
Published: 2019-07-11T06:45:52.000Z
Updated: 2019-07-11T06:46:07.000Z

Crypto news portal Crypto Briefing on Tuesday unveiled a new digital asset evaluation product, called SIMETRI Research.

[Full text](https://www.tokenpost.com/news/business/2580.md) | [Citation metadata](https://www.tokenpost.com/news/business/2580.json)

## [Hybrid ethereum-based energy startup LO3 Energy secures investment deals with Shell, Sumitomo](https://www.tokenpost.com/news/business/2587)

By Charissa Echavez | Business
Published: 2019-07-11T05:34:17.000Z
Updated: 2019-07-11T05:34:48.000Z

LO3 Energy, a New York-based startup that uses a modified version of the ethereum blockchain, has scored major investments from Shell Ventures and Sumitomo Corporation to scale its community microgrid operations.

[Full text](https://www.tokenpost.com/news/business/2587.md) | [Citation metadata](https://www.tokenpost.com/news/business/2587.json)

## [Crypto exchange CEX.IO receives Gibraltar DLT license](https://www.tokenpost.com/news/business/2582)

By Melvin Alfred Wong | Business
Published: 2019-07-11T04:50:50.000Z
Updated: 2019-07-11T04:52:59.000Z

Following successfully acquiring its Money Transmitter Licenses (MTLs) in the U.S., CEX.IO is giving traders even more good news that it is now allowed to operate in Gibraltar. This is after it had to satisfy several …

[Full text](https://www.tokenpost.com/news/business/2582.md) | [Citation metadata](https://www.tokenpost.com/news/business/2582.json)

## [U.S.-based Provident Bank taps Bitfury's blockchain solution for digital asset compliance](https://www.tokenpost.com/news/business/2583)

By Melvin Alfred Wong | Business
Published: 2019-07-11T04:24:38.000Z
Updated: 2019-07-11T04:26:07.000Z

In a recent announcement, it was revealed that blockchain startup Bitfury was teaming up with The Provident Bank in order to provide better services based on the decentralized ledger technology.

[Full text](https://www.tokenpost.com/news/business/2583.md) | [Citation metadata](https://www.tokenpost.com/news/business/2583.json)

## [Abra, Simplex launch campaign for crypto credit card purchases with reduced fees](https://www.tokenpost.com/news/business/2576)

By Shampa Mani | Business
Published: 2019-07-10T13:03:23.000Z
Updated: 2019-07-10T13:03:23.000Z

Global investment app Abra, in collaboration with payment processing company Simplex, has announced a limited time promotion to help investors around the word easily convert fiat-to-crypto using a credit card with red…

[Full text](https://www.tokenpost.com/news/business/2576.md) | [Citation metadata](https://www.tokenpost.com/news/business/2576.json)

## [Coinbase in talks with Aon to establish insurance company: Report](https://www.tokenpost.com/news/business/2575)

By Shampa Mani | Business
Published: 2019-07-10T11:27:55.000Z
Updated: 2019-07-10T11:27:55.000Z

Cryptocurrency exchange Coinbase is reportedly seeking to establish its own regulated insurance company.

[Full text](https://www.tokenpost.com/news/business/2575.md) | [Citation metadata](https://www.tokenpost.com/news/business/2575.json)

## [Fidelity International explores blockchain tech, inches closer to launching crypto trading desk: Report](https://www.tokenpost.com/news/business/2563)

By Melvin Alfred Wong | Business
Published: 2019-07-10T09:13:04.000Z
Updated: 2019-07-10T09:15:01.000Z

Fidelity International was recently reported to be entering the blockchain and cryptocurrency sphere. The firm is said to be testing out a trading simulator where players can use fake digital currency to practice trad…

[Full text](https://www.tokenpost.com/news/business/2563.md) | [Citation metadata](https://www.tokenpost.com/news/business/2563.json)

## [Torus pockets $2M seed funding from Multicoin, Binance, Coinbase to entice people into dApps](https://www.tokenpost.com/news/business/2571)

By Charissa Echavez | Business
Published: 2019-07-10T07:42:07.000Z
Updated: 2019-07-10T07:42:07.000Z

Private key management firm Torus has secured $2 million investment in a second round, spearheaded by Multicoin Capital with participation from Binance Labs, Coinbase Ventures, Sixth Horizon, Accomplice, and Terminal.

[Full text](https://www.tokenpost.com/news/business/2571.md) | [Citation metadata](https://www.tokenpost.com/news/business/2571.json)

## [Binance makes crypto transactions faster, confirmation requirements reduced](https://www.tokenpost.com/news/business/2559)

By Melvin Alfred Wong | Business
Published: 2019-07-10T06:52:15.000Z
Updated: 2019-07-10T06:53:09.000Z

Cryptocurrency exchange Binance has announced the measures it is undertaking to make both deposits and withdrawals much faster. This works for both the Bitcoin and the Ethereum networks.

[Full text](https://www.tokenpost.com/news/business/2559.md) | [Citation metadata](https://www.tokenpost.com/news/business/2559.json)

## [Blockchain media platform PUBLISH launches crypto wallet app ‘PUBLISHwallet’ for Android](https://www.tokenpost.com/news/business/2569)

By Shampa Mani | Business
Published: 2019-07-10T05:33:17.000Z
Updated: 2019-07-10T05:33:17.000Z

PUBLISH Inc., a provider of blockchain solutions for media businesses, has announced the official launch of its decentralized hot wallet.

[Full text](https://www.tokenpost.com/news/business/2569.md) | [Citation metadata](https://www.tokenpost.com/news/business/2569.json)

## [NEM Foundation, Tech Bureau partner to expedite overseas expansion of blockchain-based 'mijin', 'mijin Catapult'](https://www.tokenpost.com/news/business/2567)

By Charissa Echavez | Business
Published: 2019-07-10T04:47:37.000Z
Updated: 2019-07-10T04:47:37.000Z

Nonprofit organization NEM Foundation and Tech Bureau Holdings, a fintech and cryptocurrency solutions company, have partnered to conduct marketing activities relating to “mijin” and its latest core engine “mijin Cata…

[Full text](https://www.tokenpost.com/news/business/2567.md) | [Citation metadata](https://www.tokenpost.com/news/business/2567.json)

## [Singapore Stock Exchange, ConsenSys support new ethereum trading platform 1X](https://www.tokenpost.com/news/business/2568)

By Charissa Echavez | Business
Published: 2019-07-10T04:33:11.000Z
Updated: 2019-07-10T04:33:11.000Z

Trading platform for security tokens 1X has launched with support from Singapore Exchange (SGX), the country’s public stock market, and ConsenSys, an ethereum blockchain solution provider.

[Full text](https://www.tokenpost.com/news/business/2568.md) | [Citation metadata](https://www.tokenpost.com/news/business/2568.json)

## [Polish cryptocurrency exchange Bitmarket ceases operations citing liquidity problems](https://www.tokenpost.com/news/business/2556)

By Shampa Mani | Business
Published: 2019-07-09T12:04:53.000Z
Updated: 2019-07-09T12:04:53.000Z

Polish cryptocurrency exchange Bitmarket has announced that it is ceasing its operations due to liquidity problems.

[Full text](https://www.tokenpost.com/news/business/2556.md) | [Citation metadata](https://www.tokenpost.com/news/business/2556.json)

## [Fortress Investment Group to buy Mt Gox creditor bitcoin claims: Report](https://www.tokenpost.com/news/business/2555)

By Shampa Mani | Business
Published: 2019-07-09T11:04:58.000Z
Updated: 2019-07-09T11:04:58.000Z

Softbank Group-owned private equity firm Fortress Investment Group is buying bitcoin claims from the creditors of the now-defunct cryptocurrency exchange Mt Gox, CoinDesk reported.

[Full text](https://www.tokenpost.com/news/business/2555.md) | [Citation metadata](https://www.tokenpost.com/news/business/2555.json)

## [BitTorrent incentivizes users for seeding and bandwidth with cryptocurrency](https://www.tokenpost.com/news/business/2552)

By Shampa Mani | Business
Published: 2019-07-09T07:37:12.000Z
Updated: 2019-07-09T07:37:12.000Z

BitTorrent, a peer-to-peer file sharing service owned by TRON, has announced the release of BitTorrent Speed, software that connects and rewards users with BitTorrent (BTT) tokens in exchange for seeding and bandwidth.

[Full text](https://www.tokenpost.com/news/business/2552.md) | [Citation metadata](https://www.tokenpost.com/news/business/2552.json)

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