business news


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Collaboration FTW: How Blockchain Came So Far, So Fast

Without further cooperation, DLT risks ultimately recreating the many silos and disjointed systems that already exist, warns an executive at the DTCC.

Hands

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Ethereum Startup ConsenSys Hires IBM, Oracle Execs in Expansion Push

Ethereum startup ConsenSys unveiled 20 new hires today, drawn from a range of notable companies working with blockchain.

(CoinDesk archives)

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'Massive Disruption': IMF's Lagarde Says Cryptocurrencies Must Be Taken Seriously

Christine Lagarde, head of the IMF, has warned that central banks and financial services need to pay closer attention to cryptocurrencies.

christine

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No Token Response: UNICEF Is Open to Doing Its Own ICO

A UNICEF ICO? The idea doesn't seem so far-fetched to those working at the United Nations programme, despite their humanitarian mandate.

UNICEF

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Swift Blockchain Success Sets Stage for Sibos

Swift declares its blockchain proof-of-concept a success, but in the build up to its biggest annual event, implementation is far from certain.

Swift logo 2016

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PBoC Digital Currency Director Calls for Centralized State Cryptocurrency

Head of cryptocurrency research at the People's Bank of China offered new critiques of bitcoin today, arguing it will never pass muster as a currency.

money, china

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Bitcoin, Ether, Litecoin: Coinbase Enables 'Instant' Purchases for US Buyers

Cryptocurrency exchange Coinbase has announced that purchases of bitcoin, ethereum and litecoin will now be instant – for some customers.

Lightbulbs

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Accenture Develops DLT Prototypes for Singapore's Central Bank

Professional services firm Accenture is working on several prototypes being developed as part of Singapore's "Project Ubin" blockchain initiative.

Singapore

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US State Department Seeks Blockchain Boost Amid $10 Billion Reboot

Could blockchain underpin a U.S. State Department overhaul? Members of the department and blockchain startups are encouraged after a recent forum.

passport

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Billionaire Mike Novogratz: Bitcoin's Price Will Reach $10k in Less Than a Year

Ex-fund manager Michael Novogratz has said in an interview that he believes the value of a bitcoin will reach $10,000 in six to 10 months.

Galaxy Digital founder and CEO Mike Novogratz