Business — Page 327

Intercontinental Exchange (ICE), the governing body of the New York Stock Exchange, has carried out the first block trade of Bakkt Bitcoin futures contracts.

Digital payments firm PayPal becomes the first company to withdraw from the Libra Association, the 28-member firm that will oversee Facebook’s upcoming Libra cryptocurrency.

Japanese financial holding company Nomura has signed a final agreement with chat giant LINE and LVC Corporation, LINE’s subsidiary focused on its virtual currency and blockchain-related business, to form a financial b…

Cryptocurrency custodian BitGo has announced the launch of its staking service with initial support for Dash and Algorand.

The oldest taxi company in Vietnam, Mai Linh, will adopt Beowulf’s SDK for in-app voice calling and messaging capabilities, enabling riders to coordinate their rides more efficiently and quickly. This adoption will im…

Blockchain analytics company Chainalysis has launched on-demand compliance and investigations software for ERC-20 tokens.

Cryptocurrency wallet provider Blockchain.com is reportedly about to lose two of its top executives, according to a report by The Information.

Asset management firm Stone Ridge has filed a prospectus for its bitcoin futures fund with the U.S. Securities and Exchange Commission (SEC) on Wednesday.

Leading cryptocurrency exchange Coinbase is providing a 1.25% annualized interest rate for holders storing USD Coin (USDC) on its platform.

Swiss stock exchange SIX is going to list a new crypto exchange-traded product (ETP) with a combination of bitcoin (BTC) and ethereum (ETH), The Block reported.

Vega, a provider of decentralized trading technology, has raised $5 million in a seed funding round led by Pantera Capital.

InstaDApp, an India-based digital banking portal for DeFi protocols, has secured $2.4 million in seed funding from strategic investors such as Pantera Capital, Coinbase Ventures, Balaji Srinivasan, Naval Ravikant, and…

The Global Currency Organization (GCO), led by former employees of JP Morgan, Intel, and TrustToken, is launching a new U.S. dollar-backed stablecoin, called the USD Digital (USDD).

Broadridge Financial Solutions Inc. has acquired a New Jersey-based fintech firm Shadow Financial Systems for an undisclosed amount.

B21, the developer of crypto-focused personal wealth management platform, has received an in-principle Distributed Ledger Technology (DLT) License from the Gibraltar Financial Services Commissioner (GFSC).

Ripple appears to be shifting to a new approach after it removed all mentions of its cross-border payment products from its website: xRapid, xCurrent, and xVia.

Band Protocol, a Sequoia-backed data management firm, has rolled out its decentralized binary options trading app BitSwing on Ethereum’s mainnet. The dApp will serve as a brokerage for ether-dominated binary options.

London-based startup Rapyd, which describes itself as a “fintech as a service” provider, has raised $100 million in a Series C funding round led by venture and growth equity investments firm Oak HC/FT.

The SKALE Network, an elastic, modular network of blockchains, has raised a total of $17.1 million, which includes a contribution from SKALE Labs and a global financing round which included top investors from Korea, H…

Blockchain-based payment network Terra’s mobile payments app CHAI has partnered with BC Card, South Korea’s largest payments processor, to roll out a prepaid card called ‘CHAI Card’ in the first half of 2020, CryptoNi…

WEG Bank AG, a Germany-based bank, is planning to start processing cryptocurrency payments for retailers in 2020, CoinDesk reported.

Cryptocurrency trading platform Bittrex has unveiled its plan to launch a new digital asset platform, Bittrex Global, based in Liechtenstein.

BlockApps, an enterprise blockchain platform provider, has secured an undisclosed amount in a Series A funding round.

Mizuho Bank has partnered with payments technology company InComm to bring its bank digital currency platform “J-Coin Pay” to more than 18,000 retail locations in Japan.

Cryptocurrency exchange Coinbase introduced the Crypto Rating Council, an organization that aims to help traders comply with U.S. federal securities laws. The other founding members include Anchorage, Bittrex, Circle,…

Asset management company Wave Financial has launched the Wave BTC Income & Growth Digital Fund, Ltd, which it claims to be the first crypto derivatives-based yield fund on the market.

Swiss Digital Exchange (SDX), a blockchain unit of Swiss stock exchange company SIX Group, has organized a consortium of global financial institutions to support its “initial digital offering” (IDO), CoinDesk reported.

Blockchain startup Ripple has announced its further expansion in Europe as it launched operations in Iceland with the acquisition of crypto trading firm Algrim.

South Korean cryptocurrency exchange Bithumb’s acquisition deal with BK Consortium could be scrapped, Cryptonews.com reported citing local news outlets Hanguk Kyungjae and Yonhap.

Ripple, the startup behind digital asset XRP, has acquired payment platform Logos Network to develop decentralized financial (DeFi) products. The terms of the deal have not been disclosed.

Æ Ventures, a blockchain investment company, has announced that applications are now open for the third edition of its Starfleet Accelerator program, which offers members mentorship and investment opportunities up to …

Blockchain and artificial intelligence startup Core Scientific has acquired Stax Digital, the company behind the most widely used GPU mining program Honeyminer, for an undisclosed amount.

IOVLabs, the startup behind RSK’s Bitcoin-powered smart contract network, has acquired Taringa, one of the largest social networks in Latin America.

Leading cryptocurrency exchange Binance has announced the launch of its official staking platform.

A new company focused on evaluating blockchain projects officially commenced its operations on September 25 in South Korea.

Evernym, a Self-Sovereign Identity solutions provider, has procured $8 million in a pre-series A fund round, with investors including Overstock’s venture capital arm Medici Ventures and Barclays Ventures.

California-based startup StrongSalt has raised $3 million in a seed funding round from Valley Capital Partners.

PUBLISH Inc., a blockchain-based media solutions company, has announced that decentralized content ecosystem Contentos has joined PUBLISHalliance, the media enterprise consortium responsible for the future direction a…

Bittrex is the latest cryptocurrency exchange to adopt Chainalysis’ real-time monitoring software, CoinDesk reported.

Cryptocurrency exchange Coinbase has announced that New York-based customers now have access to both Stellar Lumens (XLM) and Chainlink’s LINK token, CoinDesk reported.