business news


Markets

Michael Terpin Urges FCC to Curb Crypto Fraud That Cost Him $24 Million

Terpin plans to distribute his letter to a major mobile industry conference.

Michael Terpin

Markets

Libra Could Drop 'Basket' and Issue Individual Fiat Stablecoins

Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

Digital Securities Exchange Taps R3's Blockchain for Post-Trade Activities

U.K.-based Archax has inked a deal to use R3's Corda Enterprise to handle post-trade processes for its digital securities exchange.

Corda Network is the public offshoot of R3's enterprise blockchain efforts.

Finance

Libra Shows Central Banks' Failure on Cross-Border Payments: Riksbank

A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.

krona-sverige

Markets

Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.

Bank of America

Finance

Shellfish Plant Is Putting Scallops on IBM's Food Tracking Blockchain

The system records the weight and location of the scallops as they are taken from the ocean and tracks them across the supply chain.

scallops

Markets

EY Launches Blockchain Tool to Help Bring Accountability to Public Finances

The accounting giant is using blockchain tech to assist governments in improving transparency and accountability in the management of public funds.

EY

Markets

Ford Test Driving Blockchain for Energy-Efficient Vehicles

Ten vehicles have been outfitted with geofencing and blockchain capabilities to monitor their fuel efficiency in low-emission zones.

ford logo truck

Markets

WATCH: 'Big Four' Exec Says Privacy Is Key to Enterprise Blockchain Adoption

"Enterprises will not go on to the public mainnet without privacy and security," EY's Paul Brody told CoinDesk.

Paul Brody EY

Markets

Forex Broker FXCM Launches Basket of 5 Cryptos for Retail Investors

Foreign exchange trading platform FXCM Group has launched a basket of five cryptocurrencies aimed at retail investors.

trading chart