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business news
NBA's Sacramento Kings to Reward Loyal Fans With Crypto Tokens
Based on the ERC-20 standard, the Kings Token will be a first for a U.S. professional sports team.
Meet the Russian Oligarch Launching a Metal-Backed Crypto Token
Vladimir Potanin, one of Russia's richest people, tells CoinDesk about his plans for a palladium-backed token and a tokenized commodities exchange.
Coinbase in Talks to Acquire Rental Startup Omni's Engineering Staff: Report
Th cryptocurrency exchange is said to be in talks to acquire the human assets of Omni, a Ripple-backed rental and storage firm.
Hyperledger Blockchain Group Weighs Changes to Fix Election Issues
The blockchain consortium’s powerful technical steering committee is discussing changes to its elections process to boost voter turnout and more.
DTCC Pushes Back Blockchain Project to Avoid Brexit Complications
The DTCC has pushed back the release of its blockchain-based post-trade system for derivatives by several months, in part because of Brexit.
Singapore Exchange–Backed iSTOX Raises Series A for Tokenized Securities Trading
The Singapore Exchange-backed security token platform has raised an undisclosed investment from an investment bank based in Thailand.
Issuing Money Is for Governments, Not Private Firms: Apple CEO
Apple CEO Tim Cook has been asked whether his company would launch a cryptocurrency, and the answer is a firm no.
Coinbase-Led Crypto Ratings Council Draws Skepticism From Legal Experts
The Crypto Rating Council is dividing legal experts, with some praising the concept and others skeptical whether it will sway the minds of regulators.
Asset Manager Stone Ridge Files SEC Prospectus for Bitcoin Futures Fund
The firm's SEC prospectus details a cash-settled bitcoin futures fund offering 100,000 shares at $10 apiece.
IKEA in 'World First' Transaction Using Smart Contracts and Licensed E-Money
IKEA Iceland has taken part in a commercial transaction using ethereum smart contracts and EU-licensed blockchain e-cash to settle an order.
