business news


Markets

Airline's Blockchain Ticketing Platform Sees $1 Million in July Sales

Russia's second largest airline is touting the benefits of blockchain after a ticketing platform it developed raked in over $1 million in a month.

S7 Airlines

Markets

Sony Co-Leads €13 Million Raise for Crypto Banking Startup Bitwala

Bitwala raised almost $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group.

bitwala, app

Markets

UK Finance Watchdog Issues Guidance on Regulation for Bitcoin and Crypto Assets

The U.K.'s Financial Conduct Authority has finalized its guidance on crypto assets following a consultation which began in January.

bailey, FCA

Markets

Blockchain Insurance Group B3i Launches First Product on R3's Corda

B3i, a consortium startup working to use blockchain tech in the insurance industry, has launched its first product on R3's Corda platform.

John Carolin CEO B3i

Markets

Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report

Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources.

Canaan mining machine

Finance

Philippines' UnionBank Launches Stablecoin, Conducts Country's First Bank Blockchain Transaction

The group ran its first transaction between three rural banks in an effort to improve its remittance offerings.

philippines

Finance

Firearm Firm Wins Patent for Integrating Blockchain into 'Black Box' for Guns

A new solution adds a blockchain-based recording system to firearms.

gun and bullets

Finance

Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King

Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.

China_Russia

Markets

Crypto Trader XBTOI Wins Bermuda License

Crypto finance solutions may be finding lower regulatory hurdles abroad as one of the most venerable exchanges takes to the islands.

shutterstock_385275358

Markets

Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class

Circle CEO Jeremy Allaire calls for Congress to treat digital assets as their own asset class in testimony for Tuesday's Senate Banking hearing.

Jeremy Allaire, Circle (CoinDesk archives)