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business news
TrueUSD Stablecoin to Add 'Real Time' Monitoring of Dollar Backing
TrustToken has announced a new partnership that it says will allow a "real-time" view of the U.S. dollars backing its TrueUSD token.

BlockFi Now Offers a Crypto Deposit Account With Compound Interest
Cryptocurrency lending startup BlockFi has launched a deposit account that it says provides 6.2 percent compound interest annually.

Futures Trading Nears $1 Billion in First Month at Kraken Crypto Exchange
Crypto Facilities, which provides futures data to CME, saw its own trading volume jump five-fold after being acquired by Kraken.

EY Aims to Make It Easier to Calculate Crypto Taxes With New Tool
The professional services giant has launched a product to help clients automate their cryptocurrency accounting and tax calculations.

Dash Core Group to Lay Off Staff in 'Crypto Winter' Cost-Cutting Effort
The company behind cryptocurrency project Dash is to reduce its staffing levels in a cost-cutting effort brought on by the bear market.

Underwriter Claims Crypto Custodian BitGo Exaggerated Insurance Coverage
An underwriter of BitGo’s $100 million crypto insurance policy says the custodian described it in a misleading way.

Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon
Bitcoin miners in China are betting that abundant water this summer will make their business profitable again.

Coinbase Pushes Out Ex-Hacking Team Employees Following Uproar
Coinbase is parting ways with Neutrino employees who worked at Hacking Team following a customer backlash.

Crypto 'Prime Broker' Tagomi Raises $12 Million in Round Led by Paradigm
Tagomi, a startup billing itself as crypto's answer to Wall Street prime brokerages, has raised another $12 million.

PwC Blockchain Principal Grainne McNamara Moves to Rival EY
Grainne McNamara, formerly PwC's blockchain principal, has moved to rival Big Four consulting firm EY, where she will have a broader focus.
