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business news
Don't Worry, Overstock's New CEO Is Already 'Drunk on Bitcoin's Kool-Aid'
Overstock.com’s interim CEO Jonathan Johnson, the president of its subsidiary Medici Ventures, plans to continue the company's blockchain work.

Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia
Hotmine makes a bitcoin mining rig that doubles as a home heating appliance. It's targeting places where winter is brutally cold.

Tensions Rising at Facebook Libra as Backers Consider Quitting: Report
Several backers of Facebook's Libra cryptocurrency project are said to be considering backing out due to growing "pushback" from regulators.

Crypto Futures Exchange Deribit Launching Bulk Derivatives Trading
Deribit is teaming with institutional traders' messaging service Paradigm to facilitate block trades of bitcoin and ether derivatives.

Korean Banks Back $7.4 Million Funding Round for Blocko
Blocko, a blockchain firm working on enterprise applications of the tech, says it's raised $7.44 million from investors including Shinhan Bank.

Miller Lite Teams With Blockchain Firm for Customer Engagement Game
Miller Lite has partnered with a blockchain marketing company for a promotional game that utilizes blockchain and crypto collectibles.

SEC Approves Blockchain Tech Startup Securitize to Record Stock Transfers
Token issuance tech provider Securitize has registered as a transfer agent with the SEC, a move it says will boost blockchain adoption.

Cryptopia Exchange Kept Users' Cryptos in Pooled Wallet: Liquidator
The liquidator for the collapsed Cryptopia exchange says the way the platform was managed is slowing up the task of determining user holdings.

Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China
A severe rainstorm in China's southwest has led to fatal mudslides, causing some local hydropower plants and bitcoin miners to halt operations.

It Took 18 Months, But This Blockchain Securities Firm Got the Nod From FINRA
FINRA has approved iownit as a broker-dealer, clearing the firm to offer digital securities on a private Hyperledger blockchain.
