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business news
$31 Million NEX Project Could Be Biggest Casualty of Blockchain Cuts
An investigation by CoinDesk has found a flagship blockchain project by NEX group has lost dozens of employees while racking up millions in costs.
WeChat, Alipay to Block Crypto Transactions on Payment Platforms
WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings and cryptocurrencies.
World Bank's Blockchain Bond Experiment Raises $81 Million
The World Bank's blockchain bond raised $110 million AUD, and is based on a private ethereum network.
CBP: Our 'Live Fire' Blockchain Test Is Entering the Proof-of-Concept Phase
U. S. Customs and Border Protection will begin its live testing of a shipment tracking system on a blockchain after Labor Day.
UK Government-Backed Accelerator Will Sponsor Blockchain Startups
A U.K. government-backed startup accelerator is now looking to invest in blockchain startups moving to the nation.
Swedish Bank Inks Deal to Offer Crypto Fund Trading
A blockchain startup based in Sweden, has signed a software license agreement with a local bank to deliver a crypto fund trading service.
Bitcoin Wallet Provider Receives E-Money License From UK Regulator
Wirex, a bitcoin wallet and payment card provider, has become the third crypto company to receive an e-money license from U.K. financial regulators.
The World Bank Is About to Settle a Blockchain Bond Worth $73 Million
The World Bank is expected to settle its first blockchain-based bond worth $73 Million at the end of this month.
Crypto Mine Hit With Noise Complaints May Be Shut Down
A Norway-based crypto mining farm may have to suspend operations, a week and a half after receiving a bomb threat.
SEC Rejects 9 Bitcoin ETF Proposals
The SEC has issued rejections to bitcoin exchange-traded fund (ETFs) proposals from ProShares, GraniteShares and Direxion.
