business news


Markets

Mizuho CEO: Financial Firms 'Should Have Courage' to Take Blockchain Live

The president and CEO of the Mizuho Financial Group "megabank" has spoken out on the potential of blockchain to disrupt financial incumbents.

Screen Shot 2017-09-26 at 10.35.16 AM

Markets

Gaming Firm to Buy $80 Million Stake in Korean Bitcoin Exchange Korbit

Gaming firm Nexon has agreed to buy a majority stake in South Korea's Korbit cryptocurrency exchange for roughly $80 million.

Korean won

Markets

Like It or Not: Public Companies Are Feeling the Crypto Mining Boom

Public companies like AMD and Nvidia are benefiting from a surge in cryptocurrency mining, but analysts say they may not be ready to commit long-term.

A crypto mining rig

Markets

Banks Simulate €100,000 Security Transaction in R3 DLT Trial

German banks working with the R3 blockchain consortium have successfully replicated the sale of a €100,000 security on a DLT platform.

frankfurt, germany

Markets

Malta's Government May Test Cryptocurrency in Regulatory 'Sandbox'

A report by the Times of Malta suggests the country's government may soon be launching a novel cryptocurrency trial.

malta, city

Markets

'Big Four' Chinese Bank to Launch Blockchain Bancassurance Product

One of China's "Big Four" banks is close to launching a blockchain application for the insurance and banking sectors.

China Construction Bank

Markets

New SEC Cyber Unit to Police ICOs and Other DLT 'Violations'

The SEC is making cryptocurrencies and distributed ledger tech a focus of a new cybercrime task force, announced today.

shutterstock_500014633 SEC

Markets

Ukrainian Central Banker: Bitcoin Is 'Definitely Not a Currency'

A Ukrainian official described bitcoin as a risky investment and a vehicle for fraud but downplayed any systemic concerns about the cryptocurrency.

Monument of Independence in Kyiv (Andreas Wolochow/Shutterstock)

Markets

Nigerian Central Bank Director: Cryptocurrency Wave 'Cannot Be Stopped'

A representative of the Central Bank of Nigeria opened up about his views on cryptocurrency at a technology-specific conference this week.

nigeria, money

Markets

Europe's Largest Port Launches Blockchain Research Lab

The Dutch port of Rotterdam, the biggest shipping hub in Europe, is opening a research lab devoted to blockchain technology.

rotterdam