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business news
Coinbase's Former Fraud Lead Has Left to Join Tech Firm Twilio
One of Coinbase's longest-servicing employees, risk operations manager Rees Atlas, has left the Silicon Valley cryptocurrency exchange for Twilio.

Signature Bank Wins New York Approval for 'Real-Time' Blockchain Payments
Signature Bank is launching a blockchain-based real-time payments system in early 2019 and has just got the green light in New York.

Chinese Crypto Billionaire to Help Lead Hong-Kong-Listed Blockchain Firm
Veteran Chinese crypto investor Li Xiaolai has joined a blockchain firm listed on the Hong Kong Stock Exchange as an executive director and co-CEO.

GM Patent Touts Blockchain As Data Solution for Self-Driving Cars
Blockchain can be used to store and share data collected by autonomous vehicles, according to a patent application by GM.

Funds Network Calastone to Roll Out Blockchain Settlements in 2019
Calastone, the U.K.-based operator of a transactions network for investment funds, is moving settlement to a blockchain by May 2019

Ping An's New Pitch for Blockchain: Shared Ledger, But Banks Keep Clients
Ping An, the Chinese insurance giant that built the eTradeConnect blockchain, is modifying the platform to give its 12 participating banks more control over customer relationships.

Get Ready for Crypto Sanctions Enforcement
Recent OFAC actions are just the first step in crypto sanctions enforcement, write attorneys Beau Barnes and Jake Chervinsky.

Banking Giant State Street Is Waiting on Client Demand for Crypto Custody
State Street bank says there's no sense of urgency yet from clients for it to move into safeguarding crypto assets.

Intel Wins Patent for Energy-Efficient Bitcoin Mining
An Intel patent awarded Tuesday outlines a method for mining cryptos using the SHA-256 algorithm more efficiently.

Bitcoin Mining Giant Holds Flash Sale to Celebrate Price 'Bottom'
Bitcoin miner maker Canaan Creative has revealed it is temporarily cutting prices to "celebrate" bitcoin's recent price rise.
