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business news
South Carolina Ends Cease & Desist Orders Against Crypto Startups
South Carolina's securities regulator has ended cease-and-desist orders against two blockchain startups, public documents revealed Thursday.
Google Yanked MetaMask From the Chrome Store, Left a Phishing Scam Up
Scams are an epidemic in the crypto space, and clumsy actions by big tech companies can open up the opportunities, as MetaMask learned recently.
Crypto Bank Galaxy Digital Loses $134 Million in Q1
Crypto investment bank Galaxy Digital lost $134 million in the first quarter of 2018, largely due to declining cryptocurrency prices.
BRICS Bank Consortium to Research Blockchain Applications
BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.
Swiss Markets Authority Investigates Troubled $100 Million ICO
Swiss watchdog FINMA announced Thursday that it is investigating Envion AG for potentially breaking financial market rules with its ICO.
Vaccine Blockchain Plan Prompts Enquiries Amid China Pharma Scandal
Following China's pharma scandal, investors are buying a firm's claim to be developing a vaccine-tracking blockchain, but one regulator isn't happy.
Hitachi Trials Blockchain to Settle Retail Payments Using Just Fingers
Tech conglomerate Hitachi and teleco giant KDDI are piloting a blockchain payments system that can identify shoppers via their fingers alone.
AMD Sees Q2 Drop in GPU Sales to Crypto Miners
GPU sales for cryptocurrency mining fell quarter-over-quarter, AMD announced in its Q2 report on Wednesday.
US Lawmakers Want FinCEN Mandate to Explicitly Cover Crypto
A new bill facing the U.S. Congress would have FinCEN more closely examine the cryptocurrency space, according to public documents.
Rogue Employee Mined 500K Bitcoins in 2011, Qiwi CEO Says
An employee at Qiwi reportedly mined roughly 500,000 bitcoins in 2011 by hijacking the company's payment terminals, CEO Sergey Solonin said Wednesday.
