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Facebook's 'GlobalCoin' Crypto Will Be Tied to Multiple Currencies: Exec

A Facebook executive has told a German magazine that the firm's planned stablecoin will be tied to a basket of fiat currencies.

Facebook

Markets

Budweiser Owner Invests in Blockchain Startup Working to Alleviate Poverty

Budweiser's parent company, Anheuser-Busch InBev, is doubling down on its interest in using blockchain tech to assist unbanked workers.

budweiser

Markets

Visa and App Provider LINE Pay to Use Blockchain in New Fintech Offerings

Japanese app provider LINE Pay Corporation has inked a deal with Visa to create new fintech services for their retail and merchant customers.

Visa

Markets

Ethereum Startups Team to Offer 'Banking-Grade' Wallet Security

Insurtech startup Nexus Mutual and wallet provider Argent have teamed up to bring bank account-like protection to ethereum.

Ether (Shutterstock/ mk1one)

Markets

Former Mt Gox CEO Says He Wants to Restore Japan as Tech Leader

Former Mt. Gox chief Mark Karpeles has reportedly revealed he's "starting from zero" with an IT project.

Mark Karpeles, former Mt. Gox CEO

Markets

Russian Retailer Dixy Using Ethereum Tech to Streamline Trade Finance

Grocery chain Dixy has partnered with a blockchain startup to greatly reduce the time it takes to pay suppliers

Dixy Russian retailer

Markets

Dutch Crypto Exchange Blockport Shuts Down, Vows to Return

Amsterdam-based crypto exchange Blockport has been been forced to close due to lack of cash, but it's pledged to rebuild.

Amsterdam

Markets

Retail Giant Carrefour Saw Sales Boost From Blockchain Tracking

Supermarket chain Carrefour has reportedly attributed a recent increase in sales to its use of blockchain tracking for food products.

Carrefour

Markets

Bloomberg Terminal Lists Ethereum-Based Debt Instrument

In a blockchain first, Cadence has obtained a Financial Instrument Global Identifier (FIGI) and can be easily found on Bloomberg Terminal.

Bloomberg Terminal

Markets

Game Creator Lucid Sight Bringing 'Star Trek' to the Blockchain

Blockchain games developer Lucid Sight is teaming up with media firm CBS Interactive to bring "Star Trek" game play and collectibles to ethereum.

Star trek Enterprise