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business news
SEC Charges Two In Illicit UBI Blockchain Stock Sale
The U.S. Securities and Exchange Commission charged two Nevada residents with illegally profiting off stock sales of a self-described blockchain firm.

The Russian Military Is Building a Blockchain Research Lab
The Russian Ministry of Defense is launching a blockchain research lab to examine how to combat cybersecurity threats.

Coinbase's New Custody Service Is Now Live
Having accepted its first deposit last week, Coinbase Custody is officially "open for business," the exchange said Monday.

BTCC Relaunches Crypto Exchange With Plan for Own Token
One of the longest-running crypto exchanges is relaunching its trading service nearly a year after China's regulatory clampdown.

Crypto Startups Don't Need Sandboxes, They Need Greenhouses
"Sandbox" is a bad term to describe these regulatory programs, under which financial technology solutions can be safely seeded, fed, and controlled.

'Secret Contracts' Developer Engima Launches Test Blockchain
A built-from-scratch blockchain aiming to enable private contracts between users has officially entered testing.

Execs at Payments Giant Qiwi Launch Crypto Investment Bank
Senior staff at a Qiwi subsidiary are launching a crypto investment bank to advise ICO investors and help companies tokenize their assets.

Startup Raises $600K to Build Bitcoin Cash Mobile Wallet
CoinText.io,a blockchain startup developing a way of conducting offline bitcoin cash transactions, closed a $600,000 seed funding round.

Tether Code 'Flaw' Was Actually an Exchange Error
A suspected vulnerability in Tether's code for its USDT stablecoin has been confirmed as an exchange integration issue, not a protocol bug.

Major Banks, Regulators Trial 'Know Your Customer' App on R3's Corda
Around 40 participants have trialed a "self-sovereign" know-your-customer application that gives customers more control over their data.
