business news


Markets

Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI

Blockchain forensics firm Elliptic has raised $23 million in Series B round led by Tokyo-based financial institution (and XRP holder) SBI.

James_Smith_Elliptic

Markets

Norwegian Bank Invests in Crypto Exchange Founded by Airline Magnate

Savings bank Sparebanken Øst has just taken a stake in NBX, a crypto exchange set up by Norwegian Air founder Bjørn Kjos.

Bjorn Kjos, Norwegian Air

Markets

Ethereum Co-Founder Anthony Di Iorio Steps Down as Decentral CEO

The Canadian startup behind Jaxx crypto wallet is struggling to find a reliable revenue model.

Anthony Di Iorio

Markets

VanEck, SolidX to Offer Bitcoin ETF-Like Product to Institutions

VanEck and SolidX aim to launch a limited bitcoin ETF for institutions in the U.S. later this week, but retail investors will be locked out.

Gabor Gurbacs, director of digital-asset strategy at VanEck

Markets

HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit

HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.

HSBC's building in Hong Kong. (Christian Mueller/Shutterstock)

Markets

Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

Favorable energy prices and a naturally cold climate are turning Siberia into an international hub for bitcoin miners.

Ilya Bruman, CEO of Minery. (Photo by Anna Baydakova for CoinDesk)

Markets

World's Largest Aircraft Manufacturer Joins Hedera Hashgraph Council

Boeing will run a node on Hedera Hashgraph's blockchain-like enterprise DLT platform after becoming the latest member of its governing council.

Boeing

Markets

Ethereum Client Becomes First Public Blockchain on Hyperledger

Hyperledger is adding the ConsenSys-backed, enterprise-focused Pantheon to its consortium, deepening its relationship with the ethereum community.

Brian Behlendorf, Hyperledger

Markets

Hedera Hashgraph Blockchain to Launch, Release Coins on Sept. 16

Hedera Hashgraph is adding the first American financial services provider, FIS Global, to its governing council just weeks before a planned mainnet launch.

Hedera Hashgraph (CoinDesk archives)

Finance

Facebook's Libra Project Launches Bug Bounty With $10,000 Max Reward

The Libra Association will pay up to $10,000 to independent security researchers who find bugs in the Libra blockchain.

facebook, bitcoin