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business news
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.

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.

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.

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.

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

$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.

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.

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.

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.

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.
