business news


Markets

World's Second-Largest Grocer Joins IBM Food Trust Blockchain

Albertsons Companies, the world's second-largest supermarket chain by sales, has joined IBM's food tracking blockchain.

albertsons_supermarket_shutterstock

Markets

Pennsylvania's State-Backed VC Firm Is Tokenizing an Investment Fund

Ben Franklin Technology Partners, a Pennsylvania-funded VC provider, is tokenizing shares in one of its funds.

Philadelphia. (Credit: Shutterstock)

Markets

Tata Settles Securities Between National Depositories on a Blockchain

India's second largest firm has completed a blockchain trial of cross-border securities settlement between two central securities depositories.

Tata Consultancy Services

Markets

US Energy Department Eyes Blockchain to Prevent Power Plant Cyberattacks

A U.S. Department of Energy lab is exploring blockchain technology as a line of defense against cyberattacks on power plants.

Powerplant electricity

Markets

New York Rejects Bittrex Exchange's BitLicense Application

NYDFS has rejected Bittrex's application for a BitLicense, citing "inadequate" AML compliance among other reasons.

Image of Kiran Raj, Chief Strategy Officer at Bittrex, via CoinDesk archives

Markets

$60 Million and Rising: China's Crypto Funds Try Lending to Beat Bear Market

Investors such as Bixin Capital, FBG Capital and Dong Zhao’s DGroup have been lending tens of millions of dollars in crypto since the fall.

bitcoin yuan

Markets

Bitfinex Drops Minimum Balance to Trade on Crypto Exchange

Bitfinex has removed its $10,000 minimum equity requirement to start trading on the cryptocurrency exchange.

Bitfinex

Markets

Gibraltar Stock Exchange Now Allows Listing of Tokenized Securities

The Gibraltar Stock Exchange is allowing financial firms to list blockchain-based securities on its GSX Global Market platform.

Gibraltar

Markets

Hold-It-Yourself Crypto Exchange LGO to Roll Out Hardware Wallet in Q2

Non-custodial exchange LGO Markets has built its own hardware storage device and will also offer multi-signature wallets through BitGo.

Image of Hugo Renaudin by Anna Baydakova for CoinDesk

Markets

Facebook Said to Be Seeking $1 Billion in Funding for Crypto Project

Social media giant Facebook may be seeking a billion bucks in VC investment for its cryptocurrency project, an NYT reporter says.

facebook