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business news
Bitcoin Veteran Jameson Lopp Named CTO of Crypto Startup Casa
Casa has boosted Jameson Lopp to CTO eight months after he joined the crypto custody solutions startup as an infrastructure engineer.
Bank of America Wins Crypto Storage Patent
A Bank of America patent awarded Tuesday describes how an enterprise-level institution may store cryptocurrencies for customers.
Court Takes Control of Funds Amid Crypto Exchange's Banking Dispute
A Canadian judge ruled that CIBC, which froze some $26 million CAD claimed by QuadrigaCX, must transfer the funds under dispute to the court.
GMO Reports $5.6 Million Q3 Loss on Crypto Mining
Japanese IT giant GMO has reported a loss from crypto mining in Q3, but there was more positive news for its exchange business.
Shell, BP Back Blockchain Platform to Modernize Commodities Trading
Oil giants Shell and BP are among a group of firms planning to launch a blockchain platform to automate post-trade processes in the energy industry.
Japanese Firms Claim Success in Marine Insurance Blockchain Trial
NTT DATA and a major Japanese insurer have completed a blockchain trial that speeds up marine cargo insurance claims.
IBM Says Blockchain Can Power 'Open Scientific Research' in New Patent Filing
A patent application from Big Blue hints at a blockchain solution for scientific research.
For Bitfinex Users, Dollar Withdrawals Are Now a Weeks-Long Struggle
Three weeks after being assured everything was running smoothly, some customers at Bitfinex are wondering why they still can't get their money out.
Canadian Bank Opens Deposit Box for Cryptocurrency Firms
VersaBank says its VersaVault offers "absolute privacy" when announcing that crypto exchanges and funds can sign up to use the platform on Thursday.
Judge Lifts Order to Freeze Charlie Shrem's Assets in Winklevoss Case
A federal judge lifted a $30 million attachment order against Charlie Shrem Thursday, though the case will proceed to a jury trial next year.
