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Markets

IBM Exec Elected Chair of Hyperledger Blockchain Committee

An IBM executive has been elected as the chair of the technical advisory committee to the Linux Foundation-led Hyperledger blockchain project.

IBM

Markets

Korea's Securities Exchange Developing Blockchain Trading System

The Korea Exchange, South Korea’s lone securities exchange, is reportedly moving to create an over-the-counter trading platform using blockchain.

Seoul

Markets

Court Documents Show Cryptsy CEO Predicted Exchange Would Fail

Court documents suggest that the controversial digital currency exchange Cryptsy was expected to fail weeks before it announced its insolvency.

shutterstock_282701687

Markets

Payments Players Move on Blockchain Tech in Industry Shake-Up

Incumbent payment companies are becoming the latest firms to attempt to catch the blockchain bandwagon.

bus, bandwagon

Markets

Exchange Acquisition Consolidates Finland's Bitcoin Market

Finland-based bitcoin broker Prasos has acquired a local bitcoin exchange to add to its range of services.

Handshake

Markets

Former Bitcoin Insurance Advisor Accused of Securities Fraud

The founder and former president of an insurance consultancy that is focused on the bitcoin industry has been accused of securities fraud.

Justice

Markets

Orix, Shizuoka Become Latest Japanese Banks to Trial Blockchain

A group of Japanese financial services and technology companies have formed a new blockchain research initiative.

japan, parasol

Markets

Ripple: Distributed Ledger Tech Can Save Banks 42% on Payments

A new Ripple Labs report claims banks using XRP as a bridge currency could save up to 42% on costs today.

ROI, investment

Markets

California Bankruptcy Judge Says Bitcoin is Property, Not Currency

A US district judge has ruled that bitcoins are a kind of intangible property in an ongoing civil case in California.

Justice

Markets

Coinbase CEO Rejects Proposal for Bitcoin Hard Fork in 2017

Brian Armstrong, CEO of bitcoin services provider Coinbase, has rejected a new proposal for scaling the bitcoin network.

toy soliders