Lightning Labs Raises $10M Series A to Be the ‘Visa’ of Bitcoin
Lightning Labs has raised $10 million in Series A financing as it gears up to launch its first paid service for merchants looking to accept bitcoin payments.
Sony Financial Ventures invests 'six-figure' sum in token tech firm Securitize
Sony Financial Ventures, part of the Japanese conglomerate Sony Corporation, has invested a “six-figure” sum in token issuance technology provider Securitize.
ConsenSys Acquires SEC-Registered Broker-Dealer to Tokenize Bonds
ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired an American broker-dealer, Heritage Financial Systems.
15 Top Human Resources Managers Launch DLT-Based Credentials Platform
Cornerstone, the National Student Clearinghouse, a trusted source for degree verification and enrollment verification, Velocity Career Labs, Upwork, SAP, and 11 other highly-reputed human resources management platforms have come together to launch a blockchain-powered non-profit dubbed Velocity Network Foundation. The primary objective of the non-profit is to create an open-source blockchain-based credentialing platform called the “Internet of Careers,” reports Ledger Insights on January 28, 2020.
Crypto-Related Deposits Drop by Half at Metropolitan Commercial Bank
Metropolitan Commercial Bank’s deposits from digital currency businesses have steadily declined for more than a year, a sign competition is heating up in a field where the bank was once one of the only games in town.
Former Employees Sue Justin Sun and TRON Foundation, Alleging Workplace Hostilities
A lawsuit accuses the frontman of the TRON cryptocurrency and his business associate of harassing and firing two employees, allegedly as payback for the employees’ objections to management practices and applications of the technology they were developing.
Ripple’s IPO could come within 12 months, suggests CEO
Brad Garlinghouse, CEO of Ripple, has indicated that the firm could go public in the next 12 months.
Tether announces the launch of Tether Gold, a gold-backed cryptocurrency
Tether, the company behind the biggest stablecoin in the world, has launched Tether Gold, a digital asset providing exposure to physical gold. According to the company’s announcement, XAU₮ will be available both on Ethereum and on TRON and will represent one troy fine ounce of gold.
Ripple’s XRP sales declined by 80% in Q4
Ripple has reported an 80% drop in sales of XRP during the fourth quarter of 2019. The blockchain payments firm sold a total of $13.08 million in XRP in Q4, compared with $66.24 million in the previous quarter, it announced Wednesday.
Huobi launches brokerage platform as attracting institutional investments becomes priority
Huobi Group, the parent company of cryptocurrency exchange Huobi, is expanding into the brokerage business as it prioritizes attracting institutional investors.
Vodafone Is the Latest Big Company to Quit Facebook-Founded Libra Association
British telecom conglomerate Vodafone has become the eighth company to pull out of the Libra Association, the governing council for the Facebook-created global digital currency initiative, CoinDesk has learned.
Crypto asset manager Grayscale posts its best year with over $600 million in investments
Crypto asset management giant Grayscale Investment brought in more than $600 million from investors during 2019.
Blockchain companies awarded nearly $1M in bug bounties through HackerOne in 2019
Cryptocurrency and blockchain companies awarded hackers nearly $1 million through the security vulnerabilities platform HackerOne in 2019.
Incognito now lets you make private transactions with Zilliqa and BNB
Binance is now helping fund the Incognito project, to bring privacy to more cryptocurrencies. This week, Zilliqa and Binance, took their initial steps towards complete anonymity as the firms entered into partnerships with the privacy-centric platform Incognito.
PwC Switzerland Incorporates ChainSecurity Team to Expand Blockchain Audit Tools
PricewaterhouseCoopers (PwC) Switzerland has taken over smart contract audit firm ChainSecurity, folding the company's technology and its expertise into the Big Four accounting firm, the companies announced earlier this week.
Samsung SDS and Syniverse Launch Blockchain-based Mobile Payments System
Samsung SDS, the ICT arm of South Korean electronics company Samsung Group, and Syniverse, a telecommunication services company, have collaborated to develop a blockchain-based platform to enable seamless mobile payments between mobile carriers and enterprises, according to a Ledger Insights report on January 10, 2020.
Nervos Network commits $30M in grants fund to support community developers
Chinese blockchain network Nervos has committed $30 million in grants fund to support infrastructure development on its permissionless layer one blockchain.
Crypto lender BlockFi adds support for USDC and Litecoin
Crypto lender BlockFi has added support for USD Coin (USDC) and Litecoin (LTC) across all of its offerings.
Apple recommends Brave browser as one of the "new apps we love"
Apple yesterday recommended the privacy-focused, blockchain-friendly browser Brave as one of its “New Apps We Love” on its Hong Kong app store, just days after it pressured cryptocurrency exchange Coinbase to remove the ability to browse for decentralized apps from its Coinbase Wallet iOS app.
Hong Kong Institute of Bankers Onboards Six Virtual Banks as Members
The Hong Kong Institute of Bankers (HKIB) has onboarded six virtual banks as corporate members, according to a Jan. 2 press release.
BTCU – the Fastest and Complete Bitcoin?
Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks
IOTA Foundation Suspends Network, Probes Fund Theft in Trinity Wallet
‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec
A Mailbomber in the Netherlands Wants a BTC Payment to Stop Blowing Things Up
Crypto Market Is A “Giant Garbage Dumpster”: Minneapolis Fed President
China files 84 patents for central bank digital currency
North Korea Is Expanding Its Monero Mining Operations, Says Report
Bitcoin mining hardware maker Canaan's stock price surges more than 80%
The world gold miner tokenizes assets and opens trading on the Simex and Coinsbit exchanges
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