business news


Markets

Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut capacity.

bitmain_miner_flickr

Markets

Starbucks to Track Coffee Using Microsoft's Blockchain Service

Starbucks aims to give consumers and farmers more data on its coffee products using a blockchain service from Microsoft.

Starbucks

Markets

ASX Is Letting Clients Test Its In-the-Works Blockchain Settlement System

The Australian Securities Exchange now has a customer testing environment for its blockchain-based clearing and settlement system, due in 2021.

ASX

Markets

'One-Stop Shop' for Crypto Mining and Trading to Launch Spot Market May 23

Bcause says it's weeks away from launching a spot market for bitcoin, ether, bitcoin cash and litecoin, despite operating under chapter 11.

CoinDesk placeholder image

Markets

Microsoft Releases Ethereum App Development Kit for Azure Cloud

Tech giant Microsoft has released a suite of tools allowing clients to build ethereum-based apps on its cloud computing platform Azure.

Microsoft

Markets

Alibaba's Ant Financial Backs $10 Million Round for Blockchain Privacy Startup

Alibaba affiliate Ant Financial has participated in a $10 million funding round for blockchain privacy startup QEDIT and is using the firm's tech.

money, china

Markets

Buffett Calls Bitcoin a 'Gambling Device'

Warren Buffett told reporters at Berkshire Hathaway’s annual meeting in Omaha, Nebraska, that he still couldn't support bitcoin.

warren buffett

Finance

DUST Adds Physical Products to the Blockchain

New diamond coatings promise to connect physical objects to blockchains. Now users of SAP's cloud service can try it out.

DUST Scanner

Finance

Crypto Crime Blotter: Scammers Dupe Jersey Island Man Out of £1.2 million, Backpage Laundered Cash With Crypto

Did Backpage launder cash through crypto? What happened to three Germans on the DarkWeb? This week's Crypto Crime Blotter.

david-von-diemar-745969-unsplash

Markets

PepsiCo Blockchain Trial Brings 28% Boost in Supply Chain Efficiency

Beverage giant PepsiCo saw an almost 30 percent increase in efficiency during a programmatic advertising trial using Zilliqa’s blockchain platform.

Pepsi