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business news
Gemini Taps Wall Street Exec to Attract Institutional Crypto Investors
Cryptocurrency exchange Gemini has hired an executive from a Nasdaq company as it seeks to attract more institutional clients.

Citizens Reserve Partners With Comcast-Backed Blockchain Startup
Citizens Reserve is partnering with Blockdaemon to launch tools enabling rapid blockchain node deployment for its customers.

Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding
Blockchain finance firm Clearmatics has closed a $12-million Series A funding round led by Route 66 Ventures.

Singapore Moves to Help Crypto Startups Receive Banking Services
Singapore's central bank is building relationships to ensure local crypto-focused startups receive domestic banking services.

Crypto Exchange QuadrigaCX Awaits Ruling on $22 Million in Frozen Funds
QuadrigaCX is waiting on a judge's decision after the Canadian Imperial Bank of Commerce froze CA$28 million in multiple bank accounts.

Mastercard Patent Hints at Plan for Multi-Currency Blockchains
A new Mastercard patent outlines how a permissioned blockchain can store multiple types of transaction info, including with different currencies.

Forbes Partners With Civil to Publish Content on a Blockchain
Forbes will begin publishing article metadata to Civil's blockchain platform starting next year, the companies announced Tuesday.

SpankChain Loses $40K in Hack Due to Smart Contract Bug
SpankChain, a cryptocurrency project focused on the adult industry, lost almost $40,000 due to a smart contract flaw on Saturday.

Crypto Fund Wins License From Swiss Markets Watchdog
Switzerland's financial markets regulator FINMA has issued an asset management license to a crypto investment fund.

Middle East's First Central Bank-Backed Crypto Exchange to Launch in 2019
After a year in the Central Bank of Bahrain's regulatory sandbox, Rain Financial is gearing up to offer crypto on-ramps from all regional currencies.
