Business — Page 354

The Swiss branch of Russian banking giant Gazprombank is planning to roll out a cryptocurrency service to its clients in mid-2019.

Trustology, a London-based startup focused on securing digital assets, has raised $8 million in a seed round led by Two Sigma Ventures, the early-stage venture capital fund of Two Sigma, and participation from ConsenSys.

Canadian cryptocurrency trading platform Coinsquare has announced the acquisition of BlockEQ, a cryptocurrency wallet on the Stellar network.

Japanese financial services giant SBI Holdings is going to establish a joint venture with U.S.-based enterprise blockchain software firm R3 in January 2019, Nikkei reported.

Crypto investment startup Bitwise has announced the launch of two new low-cost, liquid beta funds, exclusively holding bitcoin (BTC) and ether (ETH).

Cryptocurrency trading platform ErisX has raised $27.5 million in its Series B funding round, CoinDesk reported.

Overstock.com’s subsidiary Medici Ventures has purchased a $2.5 million equity in GrainChain, a software startup seeking to bring easy and secure payments to farmers, buyers and grain elevators through blockchain tech…

The New York Department of Financial Services (DFS) has authorized Signature Bank, a New York-based full-service commercial bank, to offer a new digital payment platform named Signet.

Scanetchain, a commercialized augmented reality (AR) blockchain platform, has secured investment from a professional investment consultant firm Hillstone Partners, Edaily reported.

Bitcoin mining giant Bitmain last week launched a new cryptocurrency index which tracks the performance of top cryptocurrencies, CoinDesk reported.

Decentralized internet protocol TRON has announced its plans to establish a blockchain game fund, called “TRON Arcade”.

On Thursday, Sirin Labs has announced the commercial launch of its much-awaited blockchain smartphone ‘FINNEY’.

Cryptocurrency analytics startup Flipside Crypto has closed its extended seed funding round on November 21 in which it raised $4.5 million, CoinDesk reported.

Singapore-based cryptocurrency exchange KuCoin has entered into a partnership with Simplex, a payment processing solutions provider headquartered in Israel.

The Gibraltar Blockchain Exchange (GBX), a subsidiary of the Gibraltar Stock Exchange (GSX), has announced new fiat onboarding capabilities.

Blockchain toy startup CryptoKaiju has announced the launch of both its individual product and subscription box office.

Ten leading firms in the crypto and blockchain space have teamed for a new initiative to establish a Code of Conduct for digital asset markets.

Birks Group, a Canadian luxury fine jewelry brand, has announced that it has partnered with bitcoin payment processor BitPay and will now accept bitcoin at selective stores across the country.

Leading bitcoin ATM network Coinsource has significantly expanded into Upstate New York with its expansion into Albany, Syracuse, Buffalo, and Rochester.

Following its acquisition by TRON earlier this year, BitTorrent has announced that it will now accept TRON (TRX), Binance (BNB) and Bitcoin (BTC) cryptocurrencies for its Pro and Ads Free products.

Securitize, a compliance platform for the primary issuance and lifecycle management of digitized securities on the blockchain, has raised $12.7 million in a Series A funding round led by Blockchain Capital, CoinDesk r…

Malta-based crypto exchange OKEx has announced a new digital asset value-added service in order to provide users with a tool to earn daily interest with their spare assets.

Cryptocurrency exchange Huobi has become the latest company to receive the Distributed Ledger Technology (DLT) license in Gibraltar, Unlock-bc reported.

Crypto wallet provider Ledger is expanding its presence in the United States and has announced the setting up of a new office in New York.

Overstock founder and CEO Patrick Byrne plans to sell the firm’s retail business in the forthcoming months and focus on blockchain technology, the Wall Street Journal reported.

Malta-based cryptocurrency exchange OKEx has announced that the “OKEx Project” will be launched today, November 23.

Zaif, a cryptocurrency exchange previously operated by Japanese fintech firm Tech Bureau, has been acquired by Fisco Cryptocurrency Exchange (FCCE).

The Gibraltar Blockchain Exchange (GBX) has received a full license as a provider of distributed ledger technology (DLT) from the Gibraltar Financial Services Commission (GFSC) under Gibraltar’s Financial Services Reg…

Giga Watt, a U.S.-based cryptocurrency mining firm, has filed for bankruptcy while the company owes millions of dollars to creditors, CoinDesk reported.

American airplane manufacturing giant Boeing, in collaboration with SparkCognition, has announced its plans to launch a new blockchain and artificial intelligence (AI) based company in its efforts to enable “the futur…

Huobi Global, the operator of the fourth largest cryptocurrency exchange by the same name, has announced the beta launch of its cryptocurrency derivatives trading platform.

MV Index Solutions, a subsidiary of investment management firm VanEck, has announced the launched of a bitcoin index based on the U.S. price feeds from established OTC digital asset trading operations.

Binance Labs, a blockchain technology incubator, has made an investment worth $3 million in US over-the-counter (OTC) cryptocurrency trading desk Koi Trading, CCN reported.

Crypto payment processor BitPay has partnered with Paxos and has integrated Paxos Standard token (PAX) as a settlement option for its merchants.

Crypto exchange Binance is collaborating with Refinitiv, formerly the Financial & Risk business division of Thomson Reuters, for an automated Know Your Customer (KYC) application.

SIRIN LABS, the creator of FINNEY blockchain smartphone, has announced its partnership with Virgin Gates ahead of the launch of FINNEY on November 29.

Cryptocurrency exchange operator Huobi Group has established a Communist Party committee, South China Morning Post reported.

Switzerland’s principal stock exchange SIX is going to be the first to launch an exchange-traded product (ETP) tracking multiple cryptocurrencies, The Financial Times reported.

Cryptocurrency startup Gem has launched a crypto portfolio tracker with automatic exchange sync with 25 crypto exchanges.

Cryptocurrency custodian and security firm BitGo has announced that it has added support for four stablecoins including CENTRE USD (USDC), Gemini Dollar (GUSD), Paxos Standard Token (PAX), and TrustToken’s TrueUSD (TU…