business news


Markets

Card Operator Discover Joins Blockchain Trade Group

Discover Financial Services has joined the Chamber of Digital Commerce to assist the group's mission of blockchain education and advocacy.

discover card

Markets

Cognizant Teams with 14 Insurers on Blockchain Data-Sharing Platform

Cognizant has partnered with a group of Indian insurance firms to develop a blockchain solution for cross-company data sharing.

paperwork

Markets

Why the IRS Should Treat Crypto as a New Asset Class

Tax pros in the cryptocurrency space are applying a hodgepodge of rules that historically have been applied to stocks, bonds and various other assets.

shutterstock_1069553159

Finance

Barclays Is Talking to Clients About Opening a Crypto Trading Desk

A person with knowledge of the situation said all major banks are likely to be weighing the same decision.

barclays

Markets

Insurance Broker Marsh Working With IBM on Blockchain Platform

Global insurance company Marsh is piloting a proof of insurance platform on a blockchain with IBM's help.

Insurance

Markets

Coinbase Just Bought One of Bitcoin's Best-Funded Startups

U.S.-based cryptocurrency exchange Coinbase has confirmed the acquisition of Earn.com, one of bitcoin's best-funded startups.

dollars

Markets

Samsung Explores Blockchain for Tracking Global Shipments

Electronics giant Samsung is developing a blockchain platform to manage its global supply chains, according to a report.

Samsung (Credit: Shutterstock)

Markets

Crypto Tax Dodgers Are Tempting Fate

The ways governments tax cryptocurrency users may be unjust and due for reform, but simply ignoring the law for this reason is a dicey proposition. 

shutterstock_85731593

Markets

A Bitcoin Rally After Tax Day? Don't Bet the Farm On It

There are several reasons to discount the contribution of tax-related selling to the Q1 bear market – and thus the chances of a post-April 17 rebound.

bitcoin, calculator

Markets

Why Leading Crypto Devs Don't Work In Silicon Valley

A recent back-and-forth between Coinbase and a bitcoin developer shows there's still a big gap between the industry and the open-source community.

San Francisco