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business news
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.

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.

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.

'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.

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.

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.

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.

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.

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.

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.
