Banking
MIT Fellow Says Facebook 'Lifted' His Ideas for Libra Cryptocurrency
MIT fellow Alex Lipton claims Facebook borrowed the guts of its Libra project from a paper he co-authored last year.
R3 Taps Software Sales Vet to 'Evangelize' Paid Version of Corda
R3 has hired software sales pro Cathy Minter as chief revenue officer to grow the user base for its paid DLT product, Corda Enterprise.
Brazilian Bank Plans to Use Tezos Blockchain for STOs Worth $1 Billion
BTG Pactual, Brazil's fifth largest bank, plans to utilize the Tezos blockchain for security token offerings potentially worth $1 billion.
IBM, Top Australian Banks to Pilot Blockchain for Retail Lease Bank Guarantees
The blockchain pilot will digitize the bank guarantee process in an effort to tackle fraud and improve efficiency.
Goldman Sachs CEO Hints Bank Might Launch 'JPM Coin'-Like Crypto
Goldman Sachs may ultimately take part in the crypto disruption of finance with its own stablecoin, according to CEO David Solomon.
JPMorgan to Start Customer Trials of Its 'JPM Coin' Crypto
JPMorgan Chase is reportedly to start client trials of its "JPM Coin" cryptocurrency for intercompany remittances.
SWIFT Gives Blockchain Platforms Access to 'Instant' GPI Payments Following R3 Trial
Interbank messaging giant SWIFT will soon allow DLT-based trade platforms to make use of its GPI platform for traceable, near-instant payments.
There's a Second Token: A Breakdown of Facebook's Crypto Economy
In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."
Private Blockchain's Biggest Startups Integrate in Unprecedented Tie-Up
A historic change in strategy is taking place at R3 and Digital Asset (DA), who are now collaborating to maximize their respective blockchain ecosystems.
Facebook Hires Standard Chartered Bank Lobbyist for Crypto Project: Report
Facebook's hiring spree for its upcoming cryptocurrency continues with the addition of a senior bank lobbyist from Standard Chartered.
