business news


Markets

A New Exchange Launches, Letting Institutions Custody Their Own Crypto

LGO Markets, a new crypto exchange for institutional investors with an unusual approach to custody, will launch spot trading on March 11.

Hugo Renaudin, CEO of LGO Markets. (Anna Baydakova/CoinDesk)

Markets

Crypto Finance Startup Circle Seeking Further $250 Million in Funding: Report

Circle Internet Financial is reportedly looking to raise a further $250 million in funding to counter the bear market slump.

circle, startup

Markets

The Right Way to Do Blockchain Consortiums

Deloitte's Randy Wilson looks at the challenges for blockchain consortia, and offers advice on how to overcome them.

arrows, parking

Markets

Will Fiat-Backed Stablecoins Pass Legal Muster With the SEC and CFTC?

As stablecoins see greater capital inflows and adoption, regulators will likely take a harder look at their compliance status.

washington, dark

Markets

Long the Bankers! Why Security Tokens Need Trusted Middlemen

Ami Ben David argues that the security token sector is not about replacing trusted middlemen. Rather, it needs them to support trust in the assets.

bitcoin, pig

Markets

$100 Million Short: QuadrigaCX Audit Can't Account for 26K Missing Bitcoin

QuadrigaCX's court-appointed monitor has finally provided blockchain addresses for the exchange's cold bitcoin wallets. They're nearly empty.

empty wallet

Finance

Ripple Scores Minor Victory in US Securities Class Action

A judge has ruled that a class action lawsuit against Ripple must remain in federal court, potentially giving the firm a slight advantage.

brad garlinghouse

Markets

Bittrex Leads $1.5 Million Round for South African Crypto Exchange VALR

South Africa's VALR exchange is launching March 1, expanding bitcoin access across the continent.

Image of CEO Farzam Ehsani via VALR

Tech

JP Morgan Is Quietly Testing Cutting-Edge Ethereum Privacy Tech

Fresh off its big reveal of JPM Coin, the megabank is quietly testing a cutting-edge form of ethereum privacy tech.

JPMorgan

Tech

Pundi X's New Phone Can Switch Between Blockchain and Android

Pundi X unveiled new specifications for its blockchain phone, which will feature dual operating systems to support both Android apps and dapps.

pundix2