business news


Markets

Token Tech firm Securitize Raises $14 Million from Santander, MUFG

The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance.

Securitize co-founder and CEO Carlos Domingo

Markets

In Rare Deal, Crypto Custodian Wins Insurance on Full Value of Client Assets

Marsh & McLennan, the world’s largest insurance broker, has arranged unusually generous insurance for new crypto custodian KNØX.

vault dial

Markets

Tencent, Fidelity Back $20 Million Round for Blockchain Firm Everledger

Blockchain provenance startup Everledger has raised $20 million in a Series A round led by internet giant Tencent.

Everledger CEO Leanne Kemp image via CoinDesk archives

Markets

Crypto Exchange Binance Awarded ISO Security Accreditation

The crypto exchange says it's been awarded an information security accreditation after audits found it met ISO standards.

Binance CEO Changpeng "CZ" Zhao

Markets

For Desperate Mt Gox Victims, Long-Shot Bitcoin Deal Beats Endless Wait

Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives. 

Alexander Vinnik

Markets

Crypto Startup Sues Exchange Group for $500 Million Over Soured Deal

Paycase is suing TMX Group for $500 million after the operator of the Toronto Stock Exchange canceled their deal to create crypto-related products.

Joseph_Weinberg

Markets

IBM Says It’s Ready to Work with Facebook on Blockchain

IBM is willing to team up with Facebook to develop blockchain technology, as building that ecosystem is “a team sport.”

IBM

Markets

Overstock Appoints New CEO, Remains Committed to Blockchain

The online retail giant has announced that Jonathan Johnson – who's led the firm since the departure of Patrick Byrne – is now its permanent CEO.

johnson, overstock

Markets

Swiss Stock Exchange SIX Launches Digital Assets Exchange Prototype

SIX has launched a pilot version of SDX, its exchange and central securities depository (CSD) for digital assets.

SIX Swiss Exchange is based in Zurich.

Markets

MicroBT Expects $400 Million in Q3 as Bitcoin Miner Sales Surge

The maker of WhatsMiner bitcoin miners says it expects to have delivered 200,000 devices by the end of the quarter.

MicroBT founder Yang Zuoxing speaking at an event hosted by Poolin in September 2019.